It is a manufacturing private limited company based in Coimbatore Dist, Tamil Nadu, India, established in 1980.
1980 | Coimbatore Dist, Tamil Nadu, India | ActiveSri Shanmugavel Mills Private Limited, a active private limited company, was established on 24 April 1980 in Coimbatore Dist, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1980PTC000935. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.47 Cr.
Formerly known as Sri Shanmugavel Mills Limited. It upholds a compliant status. Employing 2,807 professional, Its leadership includes Kandaswamy Shanmugavel (Managing Director), Shakthivel Mukund (Whole-Time Director), Karuppasamy Dhanabala Krishnan (Director). Past directors included Sivakumar Shanthi, Kandaswamy Shanmugavel, Veluswamy Dhanalakshmi. It holds ₹691.48 Cr open charges and ₹778.26 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 207Mangalam Road Tirupur, Coimbatore Dist, Tamil Nadu, 641604.
U17111TZ1980PTC000935
000935
24 April 1980
₹1.50 Cr
₹1.47 Cr
Roc Coimbatore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kandaswamy Shanmugavel | Managing Director | 11 Oct 1999 | Current |
| Shakthivel Mukund | Whole-Time Director | 01 Jun 2024 | Current |
| Karuppasamy Dhanabala Krishnan | Director | 29 Aug 2024 | Current |
| Shanmugavel Veenaabirami | Whole-Time Director | 01 Jun 2022 | Current |
| Shanmugavel Sriram Siddarth | Whole-Time Director | 03 Mar 2023 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 20 Nov 2013 | Past |
| Pramod Abcsdd | Whole-Time Director | 10 Jun 2022 | Past |
| Pramod Abcsdd | Director | 10 Jun 2022 | Past |
| Pramod Abcsdd | Director | 10 Jun 2022 | Past |
| Pramod Abcsdd | Additional Director | 01 Jun 2024 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2024 | Past |
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Sri Shanmugavel Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.22% decrease. The company also saw a substantial fall in profitability, with a 126.47% decrease in profit. The company's net worth dipped by a decrease of 5.17%.
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In 2023, Sri Shanmugavel Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹6,914,800,000.00
₹7,782,550,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Canara Bank | ₹72.94 Cr | Open |
| 16 Mar 2023 | Canara Bank | ₹111.69 Cr | Open |
| 14 Nov 2022 | State Bank Of India | ₹103.15 Cr | Open |
| 20 Oct 2022 | Axis Bank Limited | ₹91.00 Cr | Open |
| 20 Mar 2015 | State Bank Of India | ₹272.70 Cr | Open |
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Sri Shanmugavel Mills has a workforce of 2807 employees as of Apr 08, 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.
Gain comprehensive insights into the Deals and Valuation data of Sri Shanmugavel 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 Shanmugavel Mills's trajectory.
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The activity A charge with State Bank Of India of Rs. 103.15 Cr registered on 14 Nov 2022 with Charge ID 100662855 was modified on 03 Oct 2025. was completed.
A charge with Canara Bank of Rs. 111.69 Cr registered on 16 Mar 2023 with Charge ID 100711338 was modified on 09 May 2025. was recorded as a recent event.
A charge with Axis Bank Limited of Rs. 91.00 Cr registered on 20 Oct 2022 with Charge ID 100641865 was modified on 17 Oct 2024. was recorded as a recent event.
Sri Shanmugavel Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Karuppasamy Dhanabala Krishnan was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 1 year 4 months . was completed.
Progress on Shakthivel Mukund was appointed as a Whole-time director was appointed as a Whole-time director on 01 Jun 2024 & has been associated with this company since 1 year 7 months . was documented.
The CIN of Sri Shanmugavel Mills Private Limited is U17111TZ1980PTC000935.
Sri Shanmugavel Mills Private Limited is headquartered at 207Mangalam Road Tirupur, Coimbatore Dist, Tamil Nadu, 641604.
Sri Shanmugavel Mills Private Limited was incorporated on 24 April 1980.
The current directors of Sri Shanmugavel Mills Private Limited are
The primary industry of Sri Shanmugavel Mills Private Limited is Manufacturing.
Sri Shanmugavel Mills Private Limited is unlisted.
The authorized capital of Sri Shanmugavel Mills Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.47 Cr.
The compliance status of Sri Shanmugavel Mills Private Limited is Compliant.
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