It is a manufacturing public limited company based in Chennai-600 018, Tamil Nadu, India, established in 1983.
1983 | Chennai-600 018, Tamil Nadu, India | ActiveSree Prashant Spinners Limited, a active public limited company, was established on 16 September 1983 in Chennai-600 018, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TN1983PLC010320. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.80 Cr.
It upholds a active non-compliant status. Employing 20 professional, Its leadership includes Prabhakar Palayam Rangaiah Chetty (Managing Director), Vachani Palaniyandi Ravi (Whole-Time Director), Prabhakar Jayashree (Director). Past directors included Palayam Rangaiah Chetty Srinivas, Sanath Kumar Palayam Rangaiah Chetty, Palayam Prashant Prabhakar. It holds ₹2.69 Cr open charges and ₹9.22 Cr settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at Flat No.6, Second Floor,88, 4Th Main Road, Abhiramapuram,, Chennai-600 018, Tamil Nadu, 600018.
U17111TN1983PLC010320
010320
16 September 1983
₹2.00 Cr
₹1.80 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prabhakar Palayam Rangaiah Chetty | Managing Director | 16 Sep 1983 | Current |
| Vachani Palaniyandi Ravi | Whole-Time Director | 29 Sep 2012 | Current |
| Prabhakar Jayashree | Director | 25 Apr 1991 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 31 Mar 2011 | Past |
| Pramod Abcsdd | Director | 31 Mar 2011 | Past |
| Pramod Abcsdd | Director | 06 Aug 2013 | Past |
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Sree Prashant Spinners Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 69.36% decrease. The company also saw a substantial improvement in profitability, with a 52.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 69.85%.
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In 2016, Sree Prashant Spinners had a promoter holding of 99.89% and a public holding of 0.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹26,867,502.00
₹92,200,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 1994 | Icici Limited | ₹2.00 Cr | Open |
| 26 Nov 1992 | Nagarjuna Finance Ltd. | ₹4.62 M | Open |
| 25 Jul 1991 | Nagarjuna Finance Ltd. | ₹0.30 M | Open |
| 15 Mar 1991 | Nagarjuna Finance Ltd. | ₹1.95 M | Open |
| 02 May 1998 | Indian Overseas Bank | ₹1.50 Cr | Satisfied |
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Sree Prashant Spinners has a workforce of 20 employees as of Mar 29, 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.
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The activity A charge registered on 02 May 1998 via Charge ID 90303703 with Indian Overseas Bank was fully satisfied on 13 Dec 2018. was completed.
The activity A charge registered on 22 Apr 1995 via Charge ID 90287358 with Indian Overseas Bank was fully satisfied on 13 Dec 2018. was completed.
Progress on Sree Prashant Spinners Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.
Progress on Sree Prashant Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai. was documented.
A charge with Indian Overseas Bank of Rs. 7.72 Cr registered on 22 Apr 1995 with Charge ID 90287358 was modified on 18 Sep 2013. was recorded as a recent event.
The activity Vachani Palaniyandi Ravi was appointed as a Whole-time director was appointed as a Whole-time director on 29 Sep 2012 & has been associated with this company since 13 years 1 month . was completed.
The CIN of Sree Prashant Spinners Limited is U17111TN1983PLC010320.
Sree Prashant Spinners Limited is headquartered at Flat No.6, Second Floor,88, 4Th Main Road, Abhiramapuram,, Chennai-600 018, Tamil Nadu, 600018.
Sree Prashant Spinners Limited was incorporated on 16 September 1983.
The current directors of Sree Prashant Spinners Limited are
The primary industry of Sree Prashant Spinners Limited is Manufacturing.
Sree Prashant Spinners Limited is unlisted.
The authorized capital of Sree Prashant Spinners Limited is ₹2.00 Cr, and the paid-up capital is ₹1.80 Cr.
The compliance status of Sree Prashant Spinners Limited is Active Non-Compliant.
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