About Subburaj Spinning Mills Private Limited
Data last updated:
Subburaj Spinning Mills Private Limited was a private limited company based in Tirunelveli, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 02 April 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1993PTC024754. Its GSTIN is 33AADCS3017R1Z6 (Tamil Nadu).
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹2 Cr. It was led by directors Kishore Sethia Manoharlal and Manohar Jain Lal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Madurai Roadsankarnagar Terunelveli, Tirunelveli, Tamil Nadu, India – 627357.
As per the financials filed for FY 2022, the company reported a revenue of ₹86.84 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹14.94 Cr (net margin 17.2%) and EBITDA of ₹15.74 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 41% over five years.
The company had about 394 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹151.8 Cr on record. Court records list 24 cases involving the company, including 11 filed by the company and 14 filed against it.
The last known website on record is subburaj.com.
Company details
Contact details
Subburaj Spinning Mills Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its website is subburaj.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMadurai Roadsankarnagar Terunelveli, Tirunelveli, Tamil Nadu, India – 627357
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Subburaj Spinning Mills Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Subburaj Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Subburaj Spinning Mills Private Limited, buy the company report.
Financials of Subburaj Spinning Mills Private Limited
FY 2022 filings availableSubburaj Spinning Mills Private Limited reported revenue of ₹86.84 Cr (up 83% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 83% growth in the latest year. EBITDA rose 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹86.84 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.94 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 17.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Subburaj Spinning Mills Private Limited, buy the company report.
Board of directors of Subburaj Spinning Mills Private Limited
Subburaj Spinning Mills has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Sethia Manoharlal Also directs: H.M.Textiles Private Limited, H M Ventures Private Limited | Nominee Director | 12 Mar 2019 | 7 Years 7 Months | As last reported |
| Manohar Jain Lal Also directs: H.M.Textiles Private Limited, H M Ventures Private Limited | Nominee Director | 12 Mar 2019 | 7 Years 7 Months | As last reported |
Auditor
Subburaj Spinning Mills Private Limited is audited by V.M.G Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.M.G Associates | FY 2022 | 0004475S |
Shareholding
The shareholding of Subburaj Spinning Mills Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Subburaj Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2017 | 100127306 | Others | ₹6.5 Cr | Satisfied | |
| 29 Dec 2016 | 100077403 | Others | ₹2.5 Cr | Satisfied | |
| 22 Sep 2016 | 100070413 | Others | ₹5 Cr | Satisfied | |
| 02 May 2016 | 100035527 | Others | ₹40.68 Lakh | Satisfied | |
| 13 Jan 2016 | 100035535 | Others | ₹1.55 Cr | Satisfied |
To see the full charge records of Subburaj Spinning Mills Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Subburaj Spinning Mills Private Limited has 24 court cases on record: 11 filed by Subburaj Spinning Mills, 14 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 0 |
| High courts | 10 | 2 | 0 |
| NCLT | 3 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Appeal | Filed by the company against H M Textiles Pvt Ltd | Disposed |
| NCLT, Chennai | Court case (COMP.APPL) | Filed against the company by Merger of Subburaj Spinning Mills Private Limited With H M Textiles Private Limited and 2 others | Disposed |
| NCLT, Chennai | Court case (COMP.APPL) | Filed by the company against Subburaj Spinning Mills Private Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (Tr.OP) | Filed against the company by Icici Bank Ltd., and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Ms Lesha Impex Pvt Ltd | Disposed |
To see the full case history of Subburaj Spinning Mills Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Subburaj Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Subburaj Spinning Mills Private Limited has a workforce of 394 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Subburaj Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCS3017R1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Subburaj Spinning Mills Private Limited, buy the company report.
Recent activity
Subburaj Spinning Mills Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Kishore Sethia Manoharlal was appointed as Nominee Director on 12 Mar 2019.
40 earlier events are in the company report.
Frequently asked questions
Subburaj Spinning Mills has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Subburaj Spinning Mills was a private limited company based in Tirunelveli, Tamil Nadu, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 02 April 1993 and is registered under CIN U17111TN1993PTC024754. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Subburaj Spinning Mills was incorporated on 02 April 1993. It is registered with the Registrar of Companies, Chennai.
Subburaj Spinning Mills had 2 directors:
- Kishore Sethia Manoharlal - Nominee Director
- Manohar Jain Lal - Nominee Director
The CIN (Corporate Identification Number) of Subburaj Spinning Mills is U17111TN1993PTC024754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Subburaj Spinning Mills is at Madurai Roadsankarnagar Terunelveli, Tirunelveli, Tamil Nadu, India – 627357.
Subburaj Spinning Mills can be reached through the website subburaj.com. Its registered office is in Tirunelveli, Tamil Nadu, India.
The latest financial statements of Subburaj Spinning Mills on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Subburaj Spinning Mills is 33AADCS3017R1Z6, registered in Tamil Nadu.
Subburaj Spinning Mills operated in the home and lifestyle industry, in the textile retail and distribution segment.
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