Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited Company Logo

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1994.

1994 | Salem, Tamil Nadu, India | Active
Last Updated:

About Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited, a active private limited company, was established on 24 April 1994 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1994PTC005295. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.82 Cr.

Formerly known as Vaithilingam Spinning Mills Private Limited. It upholds a compliant status. Its leadership includes Usharani Prabhakaran (Director), Govindan Prabhakaran (Managing Director), Prabhakaran Thennarasu (Director). Past directors included Sivakumar Palaniappa Mudaliar, Palaniappa Mudaliar Vaithilingam, Sundaralingam Palaniappa Mudaliar. It holds ₹12.81 Cr open charges and ₹9.78 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ramalingapuram Pochinnagoundapuram Minnampalli, Salem, Tamil Nadu, 636106.

Company Details

  • CIN/LLPIN

    U17111TZ1994PTC005295

  • Registration Number

    005295

  • Incorporation Date

    24 April 1994

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.82 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.81 Cr
  • Satisfied Charges ₹ 9.78 Cr
  • Revenue Growth -9.56%
  • Profit Growth -19.70%
  • Ebitda 10.65%
  • Net Worth 17.15%
  • Total Assets 2.10%
Company report

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sri Venkateswara Cotton Yarn Mills (Salem) 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 Venkateswara Cotton Yarn Mills (Salem) Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Usharani PrabhakaranDirector09 Feb 2015Current
Govindan PrabhakaranManaging Director21 Apr 2017Current
Prabhakaran ThennarasuDirector09 Feb 2015Current
Pachiappan SaraswathiDirector09 Feb 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 Oct 2013Past
Pramod AbcsddManaging Director05 Jun 2008Past
Pramod AbcsddDirector18 Oct 2013Past
Pramod AbcsddManaging Director12 Mar 2015Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddManaging Director-Past

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Financial Performance of Sri Venkateswara Cotton Yarn Mills (Salem).

Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.56% decrease. The company also saw a substantial fall in profitability, with a 19.7% decrease in profit. The company's net worth Soared by an impressive increase of 17.15%.

Sri Venkateswara Cotton Yarn Mills (Salem) revenue growth over time
Sri Venkateswara Cotton Yarn Mills (Salem) profit and loss trends over time
  • 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
-9.56%
Revenue from Operations
-9.57%
Total Assets
2.10%
Profit or Loss
-19.70%
Net Worth
17.15%
EBITDA
10.65%

What is the Ownership and Shareholding Structure of Sri Venkateswara Cotton Yarn Mills (Salem)?

Unlock access to Sri Venkateswara Cotton Yarn Mills (Salem)'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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹128,130,000.00

Satisfied Charges

₹97,778,254.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.70 Cr
  • Kotak Mahindra Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2019Hdfc Bank Limited₹12.70 CrOpen
26 Jul 2014Kotak Mahindra Bank Limited₹1.13 MOpen
05 Dec 2016Canara Bank₹2.00 CrSatisfied
14 Feb 2014Lakshmi Vilas Bank Ltd₹1.00 CrSatisfied
19 Feb 2009Axis Bank Ltd₹7.50 MSatisfied

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How Many Employees Work at Sri Venkateswara Cotton Yarn Mills (Salem)?

Unlock and access historical data on people associated with Sri Venkateswara Cotton Yarn Mills (Salem), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Venkateswara Cotton Yarn Mills (Salem), 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 Venkateswara Cotton Yarn Mills (Salem)'s trajectory.

Rating

Graph displaying rating trends over time

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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.

Latest Updates, News, and FAQs on Sri Venkateswara Cotton Yarn Mills (Salem)

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Sri Venkateswara Cotton Yarn Mills (Salem) 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 Hdfc Bank Limited of Rs. 12.70 Cr registered on 18 Mar 2019 with Charge ID 100247157 was modified on 20 Jun 2024. was documented.

  • Balance Sheet

    The activity Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Charges

    Progress on A charge registered on 05 Dec 2016 via Charge ID 100070796 with Canara Bank was fully satisfied on 22 Mar 2019. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 12.70 Cr with Charge ID 100247157 was registered on 18 Mar 2019. was completed.

  • Charges

    A charge with Canara Bank of Rs. 2.00 Cr registered on 05 Dec 2016 with Charge ID 100070796 was modified on 12 Feb 2018. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The CIN of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is U17111TZ1994PTC005295.

  • Where is Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited headquartered?

    Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is headquartered at Ramalingapuram Pochinnagoundapuram Minnampalli, Salem, Tamil Nadu, 636106.

  • When was Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited incorporated?

    Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited was incorporated on 24 April 1994.

  • Who are the current directors of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The current directors of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited are

  • What is the primary industry of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The primary industry of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is Manufacturing.

  • Is Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited a listed company?

    Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is unlisted.

  • What is the capital structure of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The authorized capital of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.82 Cr.

  • What is the compliance status of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited?

    The compliance status of Sri Venkateswara Cotton Yarn Mills (Salem) Private Limited is Compliant.

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