Sri Parameswari Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Aruppukottai Taluk, Tamil Nadu, India, established in 1980.
1980 Aruppukottai Taluk, Tamil Nadu, India Active
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About Sri Parameswari Spinning Mills Private Limited

Sri Parameswari Spinning Mills Private Limited, a active private limited company, was established on 01 July 1980 in Aruppukottai Taluk, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18101TN1980PTC008322. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹27.79 Cr.

Formerly known as Kamaraj Spinning Mills Private Limited, Sinnamani Spinning Mills Ltd. It upholds a compliant status. Employing 1,159 professional, Its leadership includes Ramasamy Naicker Renugadevi (Director), Gopalsamy Ravi (Director), Gopalsamy Rajagopal (Director). Past directors included Gopalakrishnasamy Rajaram, Vasu Devaki Naidu, Pethinaidu Veluchamy. It holds ₹192.94 Cr open charges and ₹164.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Survey No.38, 39,4A Great Cotton Road Pandalgudi, Aruppukottai Taluk, Tamil Nadu, 626113.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U18101TN1980PTC008322

  • Registration Number

    008322

  • Incorporation Date

    01 July 1980

  • Authorized Capital

    ₹35.00 Cr

  • Paid-Up Capital

    ₹27.79 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 27.79 Cr
  • Company Age 45 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 192.94 Cr
  • Satisfied Charges ₹ 164.14 Cr
  • Revenue Growth **** -18.87%
  • Profit Growth **** -79.95%
  • Ebitda **** -45.49%
  • Net Worth 3.53%
  • Total Assets **** 8.82%
Company report

Sri Parameswari Spinning Mills Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sri Parameswari Spinning Mills 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 Sri Parameswari Spinning Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Ramasamy Naicker Renugadevi Director 04 Jan 2013 Current
Gopalsamy Ravi Director 04 Jan 2013 Current
Gopalsamy Rajagopal Director 22 Aug 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Aug 2022 Past
Pramod Abcsdd Director 23 Jul 2012 Past
Pramod Abcsdd Director 22 Dec 2011 Past
Pramod Abcsdd Director 22 Dec 2011 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 01 Mar 2018 Past

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Financial Performance of Sri Parameswari Spinning Mills.

Sri Parameswari Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.87% decrease. The company also saw a substantial fall in profitability, with a 79.95% decrease in profit. The company's net worth moved up by a moderate rise of 3.53%.

Sri Parameswari Spinning Mills revenue growth over time
Sri Parameswari Spinning Mills profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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-18.87%
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Revenue from Operations
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-18.71%
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Total Assets
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8.82%
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Profit or Loss
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-79.95%
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Net Worth
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3.53%
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EBITDA
*******
-45.49%
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*******
*******

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What is the Ownership and Shareholding Structure of Sri Parameswari Spinning Mills?

In 2023, Sri Parameswari Spinning Mills had a promoter holding of 53.68% and a public holding of 46.32%. The company had 2 Associate Companies. 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

₹1,929,418,685.00

Satisfied Charges

₹1,641,410,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 83.13 Cr
  • Others : 50.00 Cr
  • The Catholic Syrian Bank Ltd : 36.00 Cr
  • State Bank Of India : 12.50 Cr
  • Housing Development Finance Corporation Limited : 6.00 Cr
  • Others : 5.31 Cr
Latest Charge Details
Date Lender Amount Status
26 Dec 2024 State Bank Of India ₹12.50 Cr Open
17 Aug 2024 Canara Bank ₹4.50 Cr Open
27 Jun 2024 Others ₹15.00 Cr Open
27 Jan 2023 The Catholic Syrian Bank Ltd ₹36.00 Cr Open
14 Sep 2021 Others ₹15.00 Cr Open

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How Many Employees Work at Sri Parameswari Spinning Mills?

Sri Parameswari Spinning Mills has a workforce of 1159 employees as of Mar 28, 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 Sri Parameswari Spinning Mills, 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 Sri Parameswari Spinning Mills'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 Sri Parameswari Spinning Mills
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 24 Dec 2018 via Charge ID 100234936 with The South Indian Bank Limited was fully satisfied on 28 Jan 2025. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 12.50 Cr with Charge ID 101034253 was registered on 26 Dec 2024. was documented.

  • Annual General Meeting

    Progress on Sri Parameswari Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 4.50 Cr with Charge ID 100998984 was registered on 17 Aug 2024. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100961079 was registered on 27 Jun 2024. was documented.

  • Charges

    The activity A charge registered on 08 Dec 2022 via Charge ID 100659726 with State Bank Of India was fully satisfied on 16 May 2024. was completed.

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Frequently Asked Questions
What is the CIN of Sri Parameswari Spinning Mills Private Limited?

The CIN of Sri Parameswari Spinning Mills Private Limited is U18101TN1980PTC008322.

Where is Sri Parameswari Spinning Mills Private Limited headquartered?

Sri Parameswari Spinning Mills Private Limited is headquartered at Survey No.38, 39,4A Great Cotton Road Pandalgudi, Aruppukottai Taluk, Tamil Nadu, 626113.

When was Sri Parameswari Spinning Mills Private Limited incorporated?

Sri Parameswari Spinning Mills Private Limited was incorporated on 01 July 1980.

Who are the current directors of Sri Parameswari Spinning Mills Private Limited?

The current directors of Sri Parameswari Spinning Mills Private Limited are

What is the primary industry of Sri Parameswari Spinning Mills Private Limited?

The primary industry of Sri Parameswari Spinning Mills Private Limited is Manufacturing.

Is Sri Parameswari Spinning Mills Private Limited a listed company?

Sri Parameswari Spinning Mills Private Limited is unlisted.

What is the capital structure of Sri Parameswari Spinning Mills Private Limited?

The authorized capital of Sri Parameswari Spinning Mills Private Limited is ₹35.00 Cr, and the paid-up capital is ₹27.79 Cr.

What is the compliance status of Sri Parameswari Spinning Mills Private Limited?

The compliance status of Sri Parameswari Spinning Mills Private Limited is Compliant.

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