About
Basic Data Updated:
27 days agoIn 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
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U17111TZ2007PTC013690 |
Company No. | 013690 |
Company Classification | Private Limited Indian Non-Government Company |
Incorporation Date | 04 May 2007 |
Date of AGM | 29 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Coimbatore |
Financials of Sri Sankari Yarns Private Limited
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
Unlock access to Sri Sankari Yarns's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Sri Sankari Yarns Private Limited
Unlock and access historical data on people associated with Sri Sankari Yarns, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
SS
Shanmugasundaram Sudhan Managing DirectorAppointment Date: 04-May-2007
Status: Current
Board Members(1)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Axis Bank Limited Creation Date: 28 Dec 2021 | ₹8.70 Cr | Open |
State Bank Of India Creation Date: 29 Oct 2007 | ₹28.51 Cr | Open |
Others Creation Date: 24 Oct 2014 | ₹10.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Sankari Yarns, 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 Sankari Yarns's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Kanakathara Estates Llp
Active 7 years 3 monthsSudhan Kavitha and Shanmugasundaram Sudhan are mutual person
Sri Matha Spinning Mills Private Limited
Active 25 years 6 monthsSudhan Kavitha and Shanmugasundaram Sudhan are mutual person
Dhyana Enterprises Private Limited
Active 5 years 4 monthsShanmugasundaram Sudhan is a mutual person
Recent activity within the organization
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 2023Balance Sheet
Sri Sankari Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023Charges
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 2022Charges
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 2022Charges
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?