Sspe Cotton Mills Private Limited

Textile fiber manufacturing company specializing in cotton, silk, and yarn production.

1994 | Erode, Tamil Nadu (India) | Active
Last Updated:

Sspe Cotton Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.71 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 43.80 Cr
  • Revenue Growth -32.58%
  • Profit Growth -73.38%
  • Ebitda 401.43%
  • Net Worth 1.11%
  • Total Assets -20.36%

About Sspe Cotton Mills

Sspe Cotton Mills Private Limited (SCMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 February 1994 and has a history of 31 years and three months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.75 Cr and a paid-up capital of Rs 1.71 Cr.

The company has closed loans amounting to ₹43.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kasipalayam Ramesh, Sengoda Shanmugam, Sengodagounder Subramaniam, and One other member serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC004826

  • Company No.

    004826

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Sspe Cotton Mills Private Limited

Explore comprehensive data for Sspe Cotton Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sspe Cotton Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Sengodagounder Subramaniam Country flag representing In Managing Director10-Feb-1994Current

Board Members (3)

NameDesignationAppointment DateStatus
Kasipalayam Ramesh Country flag representing In Director 10-Feb-1994Current
Sengoda Shanmugam Country flag representing In Director 10-Feb-1994Current
Vaiyapuri Perumal Country flag representing In Director 10-Feb-1994Current

Financial Performance of Sspe Cotton Mills.

Sspe Cotton Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.58% decrease. The company also saw a substantial fall in profitability, with a 73.38% decrease in profit. The company's net worth moved up by a moderate rise of 1.11%.

Sspe Cotton Mills revenue growth over time
Sspe Cotton Mills 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
-32.58%
Revenue from Operations
-30.02%
Total Assets
-20.36%
Profit or Loss
-73.38%
Net Worth
1.11%
EBITDA
401.43%

What is the Ownership and Shareholding Structure of Sspe Cotton Mills?

In 2021, Sspe Cotton Mills had a promoter holding of 25.52% and a public holding of 74.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹43.80 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 20.42 Cr
  • Union Bank Of India : 14.02 Cr
  • Axis Bank Limited : 9.36 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2015Axis Bank Limited₹9.36 CrSatisfied
18 Oct 2012Corporation Bank₹7.35 MSatisfied
22 Oct 2010Corporation Bank₹1.34 CrSatisfied
01 Oct 2010Corporation Bank₹9.00 CrSatisfied
01 Oct 2010Corporation Bank₹9.34 CrSatisfied

How Many Employees Work at Sspe Cotton Mills?

Sspe Cotton Mills has a workforce of 6 employees as of Apr 04, 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.

Employee growth trends for Sspe Cotton Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sspe Cotton 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 Sspe Cotton Mills's trajectory.

Rating

Graph displaying rating trends over time

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.

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 Sspe Cotton Mills

Recent activity within the organization

  • Annual General Meeting

    Sspe Cotton Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sspe Cotton Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 27 Feb 2015 via Charge ID 10557706 with Axis Bank Limited was fully satisfied on 14 Sep 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 9.36 Cr registered on 27 Feb 2015 with Charge ID 10557706 was modified on 17 May 2018.

  • Charges

    A charge registered on 18 Oct 2012 via Charge ID 10391661 with Corporation Bank was fully satisfied on 12 Jun 2015.

  • Charges

    A charge registered on 22 Oct 2010 via Charge ID 10247745 with Corporation Bank was fully satisfied on 12 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Sspe Cotton Mills Private Limited?

    Sspe Cotton Mills Private Limited was incorporated on 04 Feb 1994.

  • What is authorized share capital and paid-up capital of Sspe Cotton Mills Private Limited?

    The authorized share capital of Sspe Cotton Mills Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.71 Cr.

  • Who are the current board members & directors of Sspe Cotton Mills Private Limited?

    Currently 4 directors are associated with Sspe Cotton Mills Private Limited.

    • Kasipalayam Shanmugam Ramesh
    • Sengoda Gounder Shanmugam
    • Sengodagounder Subramaniam
    • Vaiyapuri Perumal
  • What is the registered address of Sspe Cotton Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sspe Cotton Mills Private Limited is 65/1 Prasad Street Kongu Nagar Near Anna Theatre, Veerappa N Chatram India, Erode, Tamil Nadu, 638004.

  • What is the corporate identification number (CIN) and company number of Sspe Cotton Mills Private Limited?

    The corporate identification number (CIN) of Sspe Cotton Mills Private Limited is U17111TZ1994PTC004826 and the company number is 004826 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sspe Cotton Mills Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Sspe Cotton Mills Private Limited has fallen by -32.58%.

  • How many employees does Sspe Cotton Mills Private Limited currently have?

    As Per 2021 financial reports, 6 employees are currently employed by Sspe Cotton Mills Private Limited.

  • What change has been observed in the net worth of Sspe Cotton Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Sspe Cotton Mills Private Limited has experienced an upsurge of 1.11%.

  • When was the last Balance Sheet of Sspe Cotton Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sspe Cotton Mills Private Limited was filed with the ROC on 31 Mar 2024.

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