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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 6.58 Cr
  • Paid Up Capital ₹ 6.58 Cr
  • Company Age 31 Year, 11 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Sridhar Menaka Director 09 Dec 2014 Current
Rajendran Sridhar Director 03 Oct 2002 Current
Ramasamy Rajendran Director 01 Apr 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Sep 2012 Past
Pramod Abcsdd Additional Director 19 Nov 2021 Past
Pramod Abcsdd Director 15 Jun 2013 Past
Pramod Abcsdd Director 01 Apr 2007 Past
Pramod Abcsdd Director 15 Jun 2013 Past
Pramod Abcsdd Director 01 Apr 2007 Past

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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
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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 -14.22%
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Revenue from Operations
*******
 -15.54%
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*******
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Total Assets
*******
 -9.92%
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*******
Profit or Loss
*******
 -45.10%
*******
*******
*******
*******
Net Worth
*******
 2.23%
*******
*******
*******
*******
EBITDA
*******
 -30.33%
*******
*******
*******
*******

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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 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

₹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
Date Lender Amount Status
14 May 2024 Axis Bank Limited ₹7.50 M Open
27 Aug 2021 Axis Bank Limited ₹27.36 Cr Open
19 May 2020 Others ₹1.85 M Open
30 May 2014 Tamilnadu Industrial Investment Corporation Limited ₹1.20 Cr Open
02 Jan 2014 Tamilnadu Industrial Investment Corporation Limited ₹1.50 Cr Open

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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 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 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.

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Latest Updates, News, and FAQs on Silver Spring Spinners India
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 03 Jun 2020 via Charge ID 100352036 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was documented.

  • 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

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

  • 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

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

  • Charges

    The activity A charge registered on 13 Aug 2014 via Charge ID 10519081 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Dec 2024. was completed.

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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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