Saravana Spinners Limited - Company Profile

It is a environment public limited company based in Chennai, Tamil Nadu, India, established in 1984.
1984 Chennai, Tamil Nadu, India Active
Last Updated:
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About Saravana Spinners Limited

Saravana Spinners Limited, a active public limited company, was established on 05 June 1984 in Chennai, Tamil Nadu, India. Engaging in wind energy solutions within the manufacturing sector, it holds CIN: U17100TN1984PLC010911. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹9.50 M.

Formerly known as Kumaragiri Electronics Ltd. It upholds a compliant status. Employing 251 professional, Its leadership includes Palaniappan Pichai (Director), Saravanan Palaniappan (Whole-Time Director), Palaniappan Muthulakshmi (Director). Past directors included Pitchai Muthuswamy, Pattam Muthu Pichai Chettiar, Balaji Abirami Sundari. It holds ₹38.47 Cr open charges and ₹13.74 Cr settled loans. Its latest AGM occurred on 11 September 2025, with the balance sheet filed on 31 March 2025. It is based at Palani Muthu Towers, G-Block,Second Floor, New No.19, 20Th Main Road, Anna Nagar We, St,, Chennai, Tamil Nadu, 600040.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17100TN1984PLC010911

  • Registration Number

    010911

  • Incorporation Date

    05 June 1984

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹9.50 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 38.47 Cr
  • Satisfied Charges ₹ 13.74 Cr
  • Revenue Growth **** -4.74%
  • Profit Growth **** -289.63%
  • Ebitda **** -40.23%
  • Net Worth -2369.37%
  • Total Assets -12.35%
Company report

Saravana Spinners Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Saravana Spinners Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Saravana Spinners Limited?
Current Directors
Name Designation Appointment Date Status
Palaniappan Pichai Director 05 Jun 1984 Current
Saravanan Palaniappan Whole-Time Director 23 Aug 2006 Current
Palaniappan Muthulakshmi Director 23 Aug 2006 Current
Revathi Saravanan Whole-Time Director 27 May 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Jan 2009 Past
Pramod Abcsdd Director 25 Apr 2012 Past
Pramod Abcsdd Director 20 Feb 2013 Past
Pramod Abcsdd Whole-Time Director 20 Feb 2013 Past
Pramod Abcsdd Director 01 Sep 2006 Past

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Financial Performance of Saravana Spinners.

Saravana Spinners Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.74% decrease. The company also saw a substantial fall in profitability, with a 289.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2369.37%.

Saravana Spinners revenue growth over time
Saravana Spinners profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -4.74%
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*******
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Revenue from Operations
*******
 -4.85%
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*******
*******
Total Assets
*******
 -12.35%
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*******
*******
Profit or Loss
*******
 -289.63%
*******
*******
*******
*******
Net Worth
*******
 -2369.37%
*******
*******
*******
*******
EBITDA
*******
 -40.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Saravana Spinners?

In 2023, Saravana Spinners had a promoter holding of 96.32% and a public holding of 3.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹384,697,000.00

Satisfied Charges

₹137,400,000.00

Charges Breakdown by Lending Institutions
  • Others : 37.60 Cr
  • Hdfc Bank Limited : 0.87 Cr
Latest Charge Details
Date Lender Amount Status
21 Oct 2020 Hdfc Bank Limited ₹8.70 M Open
01 Feb 2002 Others ₹37.60 Cr Open
18 Aug 2005 State Bank Of India ₹10.00 Cr Satisfied
28 Jul 1997 The Nedungadi Bank Ltd ₹1.20 Cr Satisfied
19 Sep 1994 Andhra Bank ₹1.15 Cr Satisfied

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How Many Employees Work at Saravana Spinners?

Saravana Spinners has a workforce of 251 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saravana Spinners, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Saravana Spinners's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Saravana Spinners
Recent Activity within the Organization
  • Annual General Meeting

    The activity Saravana Spinners Limited last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Saravana Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Charges

    Progress on A charge with Others of Rs. 37.60 Cr registered on 01 Feb 2002 with Charge ID 90301062 was modified on 09 Dec 2021. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.87 Cr with Charge ID 100383326 was registered on 21 Oct 2020. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 18 Aug 2005 via Charge ID 90288330 with State Bank Of India was fully satisfied on 17 Oct 2015. was documented.

  • Director Appointment

    Progress on Revathi Saravanan was appointed as a Whole-time director was appointed as a Whole-time director on 27 May 2010 & has been associated with this company since 15 years 9 months . was documented.

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Frequently Asked Questions
What is the CIN of Saravana Spinners Limited?

The CIN of Saravana Spinners Limited is U17100TN1984PLC010911.

Where is Saravana Spinners Limited headquartered?

Saravana Spinners Limited is headquartered at Palani Muthu Towers, G-Block,Second Floor, New No.19, 20Th Main Road, Anna Nagar We, St,, Chennai, Tamil Nadu, 600040.

When was Saravana Spinners Limited incorporated?

Saravana Spinners Limited was incorporated on 05 June 1984.

Who are the current directors of Saravana Spinners Limited?

The current directors of Saravana Spinners Limited are

What is the primary industry of Saravana Spinners Limited?

The primary industry of Saravana Spinners Limited is Manufacturing.

Is Saravana Spinners Limited a listed company?

Saravana Spinners Limited is unlisted.

What is the capital structure of Saravana Spinners Limited?

The authorized capital of Saravana Spinners Limited is ₹1.50 Cr, and the paid-up capital is ₹9.50 M.

What is the compliance status of Saravana Spinners Limited?

The compliance status of Saravana Spinners Limited is Compliant.

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