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Silver Spring Spinners India Private Limited - Company Profile

It is a manufacturing private limited company based in Srivilliputhur, Tamil Nadu, India, established in 1994.

1994 | Srivilliputhur, Tamil Nadu, India | Active
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About Silver Spring Spinners India Private Limited

Silver Spring Spinners India Private Limited, a active private limited company, was established on 10 March 1994 in Srivilliputhur, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17293TN1994PTC027004. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹6.58 Cr and a paid-up capital of ₹6.58 Cr.

It upholds a compliant status. Employing 91 professional, Its leadership includes Sridhar Menaka (Director), Rajendran Sridhar (Director), Ramasamy Rajendran (Director). Past directors included Vivekanandhan Ganesh Kumar, Sridhar Menaka, Chockalingam Rajesh Sivamurugan. It holds ₹31.00 Cr open charges and ₹70.41 Cr settled loans. Its latest AGM occurred on 02 September 2024, with the balance sheet filed on 31 March 2024. It is based at 136& 137,Mulikulam Village, Srivilliputhur, Tamil Nadu, 626141.

Company Details

  • CIN/LLPIN

    U17293TN1994PTC027004

  • Registration Number

    027004

  • Incorporation Date

    10 March 1994

  • Authorized Capital

    ₹6.58 Cr

  • Paid-Up Capital

    ₹6.58 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.58 Cr
  • Paid Up Capital ₹ 6.58 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.00 Cr
  • Satisfied Charges ₹ 70.41 Cr
  • Revenue Growth -14.22%
  • Profit Growth -45.10%
  • Ebitda -30.33%
  • Net Worth 2.23%
  • Total Assets -9.92%
Company report

Silver Spring Spinners India Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Silver Spring Spinners India Private 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 Silver Spring Spinners India Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Sridhar MenakaDirector09 Dec 2014Current
Rajendran SridharDirector03 Oct 2002Current
Ramasamy RajendranDirector01 Apr 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector28 Sep 2012Past
Pramod AbcsddAdditional Director19 Nov 2021Past
Pramod AbcsddDirector15 Jun 2013Past
Pramod AbcsddDirector01 Apr 2007Past
Pramod AbcsddDirector15 Jun 2013Past
Pramod AbcsddDirector01 Apr 2007Past

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Financial Performance of Silver Spring Spinners India.

Silver Spring Spinners India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.22% decrease. The company also saw a substantial fall in profitability, with a 45.1% decrease in profit. The company's net worth moved up by a moderate rise of 2.23%.

Silver Spring Spinners India revenue growth over time
Silver Spring Spinners India profit and loss trends over time
  • 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
-14.22%
Revenue from Operations
-15.54%
Total Assets
-9.92%
Profit or Loss
-45.10%
Net Worth
2.23%
EBITDA
-30.33%

What is the Ownership and Shareholding Structure of Silver Spring Spinners India?

In 2023, Silver Spring Spinners India had a promoter holding of 32.70% and a public holding of 67.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹309,950,000.00

Satisfied Charges

₹704,100,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 28.11 Cr
  • Tamilnadu Industrial Investment Corporation Limited : 2.70 Cr
  • Others : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
14 May 2024Axis Bank Limited₹7.50 MOpen
27 Aug 2021Axis Bank Limited₹27.36 CrOpen
19 May 2020Others₹1.85 MOpen
30 May 2014Tamilnadu Industrial Investment Corporation Limited₹1.20 CrOpen
02 Jan 2014Tamilnadu Industrial Investment Corporation Limited₹1.50 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Silver Spring Spinners India?

Silver Spring Spinners India has a workforce of 91 employees as of Apr 04, 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 growth trends for Silver Spring Spinners India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Silver Spring Spinners India, 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 Silver Spring Spinners India'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.

Latest Updates, News, and FAQs on Silver Spring Spinners India

Recent Activity within the Organization

  • Charges

    A charge registered on 03 Jun 2020 via Charge ID 100352036 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was recorded as a recent event.

  • Charges

    A charge registered on 13 Apr 2020 via Charge ID 100342959 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 20 Jan 2017 via Charge ID 100078048 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was documented.

  • Charges

    Progress on A charge registered on 04 May 2016 via Charge ID 100030094 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was documented.

  • Charges

    The activity A charge registered on 29 Oct 2014 via Charge ID 10532764 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was completed.

  • Charges

    A charge registered on 13 Aug 2014 via Charge ID 10519081 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Silver Spring Spinners India Private Limited?

    The CIN of Silver Spring Spinners India Private Limited is U17293TN1994PTC027004.

  • Where is Silver Spring Spinners India Private Limited headquartered?

    Silver Spring Spinners India Private Limited is headquartered at 136& 137,Mulikulam Village, Srivilliputhur, Tamil Nadu, 626141.

  • When was Silver Spring Spinners India Private Limited incorporated?

    Silver Spring Spinners India Private Limited was incorporated on 10 March 1994.

  • Who are the current directors of Silver Spring Spinners India Private Limited?

    The current directors of Silver Spring Spinners India Private Limited are

  • What is the primary industry of Silver Spring Spinners India Private Limited?

    The primary industry of Silver Spring Spinners India Private Limited is Manufacturing.

  • Is Silver Spring Spinners India Private Limited a listed company?

    Silver Spring Spinners India Private Limited is unlisted.

  • What is the capital structure of Silver Spring Spinners India Private Limited?

    The authorized capital of Silver Spring Spinners India Private Limited is ₹6.58 Cr, and the paid-up capital is ₹6.58 Cr.

  • What is the compliance status of Silver Spring Spinners India Private Limited?

    The compliance status of Silver Spring Spinners India Private Limited is Compliant.

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