Sri Sankari Yarns Private Limited

Sri Sankari Yarns Private Limited

Produces open-ended yarn for home furnishing products using waste cotton, with spinning mill and power generation.

2007 Coimbatore, Tamil Nadu (India) Active

About

Basic Data Updated:

27 days ago

In the beautiful district of Dindigul, Tamil Nadu, lies the spinning mill of Sri Sankari Yarns Private Limited. This company, established in 2007, is known for its production of high-quality open-ended yarn in the count range of 2s to 20s. These yarns are widely used in the manufacturing of luxurious home furnishing products. With a total of 3,360 rotors, the spinning mill is equipped to produce open-ended cotton, primarily sourced from waste cotton obtained from other spinning mills in the region. This not only ensures the efficient use of resources but also promotes sustainability in the textile industry. One of the key features of Sri Sankari Yarns Private Limited is its captive power generation capacity of 3.6 MW. This allows the company to meet its energy needs and reduce its dependence on external sources. The registered office of SSYPL is located in the bustling city of Tirupur, Tamil Nadu. This strategic location allows the company to have easy access to the market and cater to the growing demand for its products.

Industry

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU17111TZ2007PTC013690
Company No.013690
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date04 May 2007
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Coimbatore

Financials of Sri Sankari Yarns Private Limited

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Sri Sankari Yarns Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.39% decrease. The company also saw a substantial fall in profitability, with a 61.25% decrease in profit. The company's net worth moved up by a moderate rise of 3.28%.

Corporate Structure

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People in Sri Sankari Yarns Private Limited

Executive Team (1)

  • SS

    Shanmugasundaram Sudhan In Managing Director

    Appointment Date: 04-May-2007

    Status: Current

Board Members(1)

Charges (Loans)

Open Charges Satisfied Charges

₹3,721.00 Lakh

₹1,760.00 Lakh

LenderAmountStatus

Axis Bank Limited

Creation Date: 28 Dec 2021
₹8.70 CrOpen

State Bank Of India

Creation Date: 29 Oct 2007
₹28.51 CrOpen

Others

Creation Date: 24 Oct 2014
₹10.00 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Sri Sankari Yarns Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Sri Sankari Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023
  • Activity

    Charges

    A charge with Axis Bank Limited of Rs. 870.00 Lakh registered on 28 Dec 2021 with Charge ID 100525837 was modified on 19 May 2022.

    19 May 2022
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 2,851.00 Lakh registered on 29 Oct 2007 with Charge ID 10081405 was modified on 21 Jan 2022.

    21 Jan 2022
  • Activity

    Charges

    A charge with Axis Bank Limited amounted to Rs. 870.00 Lakh with Charge ID 100525837 was registered on 28 Dec 2021.

    28 Dec 2021

Frequently asked questions

What is the Incorporation or founding date of Sri Sankari Yarns Private Limited?

Sri Sankari Yarns Private Limited was incorporated 17 years 18 days ago on 04 May 2007 with Registrar of Companies Roc Coimbatore.

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