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:
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 31 Year, 10 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Usharani Prabhakaran Director 09 Feb 2015 Current
Govindan Prabhakaran Managing Director 21 Apr 2017 Current
Prabhakaran Thennarasu Director 09 Feb 2015 Current
Pachiappan Saraswathi Director 09 Feb 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Oct 2013 Past
Pramod Abcsdd Managing Director 05 Jun 2008 Past
Pramod Abcsdd Director 18 Oct 2013 Past
Pramod Abcsdd Managing Director 12 Mar 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Managing 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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 -9.56%
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*******
*******
*******
Revenue from Operations
*******
 -9.57%
*******
*******
*******
*******
Total Assets
*******
 2.10%
*******
*******
*******
*******
Profit or Loss
*******
 -19.70%
*******
*******
*******
*******
Net Worth
*******
 17.15%
*******
*******
*******
*******
EBITDA
*******
 10.65%
*******
*******
*******
*******

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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 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

₹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
Date Lender Amount Status
18 Mar 2019 Hdfc Bank Limited ₹12.70 Cr Open
26 Jul 2014 Kotak Mahindra Bank Limited ₹1.13 M Open
05 Dec 2016 Canara Bank ₹2.00 Cr Satisfied
14 Feb 2014 Lakshmi Vilas Bank Ltd ₹1.00 Cr Satisfied
19 Feb 2009 Axis Bank Ltd ₹7.50 M Satisfied

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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 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 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.

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Latest Updates, News, and FAQs on Sri Venkateswara Cotton Yarn Mills (Salem)
Recent Activity within the Organization
  • Annual General Meeting

    The activity 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 completed.

  • 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

    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 recorded as a recent event.

  • Charges

    A charge registered on 05 Dec 2016 via Charge ID 100070796 with Canara Bank was fully satisfied on 22 Mar 2019. was recorded as a recent event.

  • 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

    Progress on 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 documented.

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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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