Sivashree Spinners (India) Private Limited
About Sivashree Spinners (India) Private Limited
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Sivashree Spinners (India) Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1990PTC002602. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹42 Lakh and a paid-up capital of ₹42 Lakh. It was formerly known as Upasana Spinners Pvt Ltd. It is led by directors including Sangeetha and Vijayalakshmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 39/41 Senguptha Street Ram Nagar, Coimbatore, Tamil Nadu, India – 641009.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.88 Cr. For the same year it recorded a net profit of ₹2.14 Cr (net margin 74.2%) and EBITDA of ₹2.6 Cr (EBITDA margin 90.4%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years and 55% over five years.
As per MCA filings, the company has satisfied charges of ₹5.03 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sivashree Spinners (India) Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39/41 Senguptha Street Ram Nagar, Coimbatore, Tamil Nadu, India – 641009
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sivashree Spinners (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sivashree Spinners (India) Private Limited
FY 2024 filings availableSivashree Spinners (India) Private Limited reported revenue of ₹2.88 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.14 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.4% | ||||
| Net Profit Margin | 74.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sivashree Spinners (India) Private Limited, buy the company report.
Board of directors of Sivashree Spinners (India) Private Limited
Sivashree Spinners (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeetha | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Vijayalakshmi | Director | 25 Jan 2006 | 20 Years 9 Months | Current |
| Karthikkumar | Director | 25 Jan 2006 | 20 Years 9 Months | Current |
Peer comparison
Sivashree Spinners (India) Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanchana Nirmanam Private Limited | ₹2.89 Cr (FY 2025) | 69.0% | Surat, Gujarat, India | |||
| Dress Master Apparel Private Limited | ₹2.88 Cr (FY 2024) | 157.0% | Bangalore, Karnataka, India | |||
| Avinash Startup Private Limited | ₹2.88 Cr (FY 2024) | 312.0% | Jaipur, Rajasthan, India | |||
| Universal Apparel Design Private Limited | ₹2.88 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Eskay Silk Industries Pvt Ltd | ₹2.88 Cr (FY 2024) | -74.0% | Mumbai, Maharashtra, India | |||
| Sivashree Spinners (India) Private Limitedthis company | ₹2.88 Cr (FY 2023) | ₹2.14 Cr | 74.2% | Coimbatore, Tamil Nadu, India | ||
| Akriti Apparels Private Limited | ₹2.88 Cr (FY 2025) | -72.0% | New Delhi, Delhi, India | |||
| Padam Synthetics Private Limited | ₹2.88 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| BK Agri Genetics Private Limited | ₹2.87 Cr (FY 2024) | 53.0% | Idar, Gujarat, India | |||
| Sathya Shyam Spinners Private Limited | ₹2.87 Cr (FY 2024) | -39.0% | Coimbatore, Tamil Nadu, India | |||
| Unitech Weld Rods Pvt. Ltd. | ₹2.87 Cr (FY 2025) | -53.0% | Purulia, West Bengal, India |
To see the full peer comparison of Sivashree Spinners (India) Private Limited, buy the company report.
Auditor
Sivashree Spinners (India) Private Limited is audited by R.M.RAMANATHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.M.RAMANATHAN | FY 2023 | 207845 |
Shareholding
The shareholding of Sivashree Spinners (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sivashree Spinners (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2018 | 100189584 | Others | ₹3.5 Cr | Satisfied | |
| 11 Mar 2006 | 10001589 | Indian Overseas Bank | ₹1.53 Cr | Satisfied |
To see the full charge records of Sivashree Spinners (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sivashree Spinners (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Sivashree Spinners (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sivashree Spinners (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sivashree Spinners (India) Private Limited has 1 active EPFO establishment as of Oct 08, 2025.
GST
Sivashree Spinners (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sivashree Spinners (India) Private Limited, buy the company report.
Recent activity
Sivashree Spinners (India) Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Sangeetha ceased to be Additional Director on 30 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Sivashree Spinners (India) is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 January 1990 (36+ years old) and is registered under CIN U17111TZ1990PTC002602.
Sivashree Spinners (India) has 3 current directors:
- Sangeetha - Director
- Vijayalakshmi - Director
- Karthikkumar - Director
The latest financial statements of Sivashree Spinners (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Sivashree Spinners (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sivashree Spinners (India) is U17111TZ1990PTC002602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sivashree Spinners (India) has 2 court cases on record: 2 filed against it. 2 are pending.
Sivashree Spinners (India) was incorporated on 29 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sivashree Spinners (India) by revenue are Kanchana Nirmanam Private Limited, Dress Master Apparel Private Limited, Avinash Startup Private Limited, Universal Apparel Design Private Limited, Eskay Silk Industries Pvt Ltd and 5 more, all in the Manufacturing industry (Textiles).
Sangeetha ceased to be Additional Director on 30 Nov 2021. Sangeetha was appointed as Director on 01 Sep 2021. Swamiappan Sundararaj ceased to be Managing Director on 13 Nov 2018. Sivashree Spinners (India) has 5 board changes on record in total.
The registered office of Sivashree Spinners (India) is at 3941 Senguptha Street Ram Nagar, Coimbatore, Tamil Nadu, India – 641009.
Sivashree Spinners (India) operates in the manufacturing industry, in the textile and fabric production segment.
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