Sugavaneswara Spinning Mills Private Limited Company Logo

Sugavaneswara Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1981.

1981 | Salem, Tamil Nadu, India | Active
Last Updated:

About Sugavaneswara Spinning Mills Private Limited

Sugavaneswara Spinning Mills Private Limited, a active private limited company, was established on 04 November 1981 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the electricity, gas, steam and air condition supply sector, it holds CIN: U17111TZ1981PTC001116. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.20 Cr.

Formerly known as Sugavaneswara Spinning Mills Limited. It upholds a compliant status. Employing 142 professional, Its leadership includes Umashankar Manojkumar (Director), Umashankar Mourya (Director), Perumal Saravanan (Director). Past directors included Subramaniamudaliar Arunachalam, Annamalai Mudaliar Veerabadra Mudaliar Marimuthu, Perumal Saravanan. It holds ₹11.84 Cr open charges and ₹39.85 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Belur Main Roadminnampalli P O Minnampalli P O, Salem, Tamil Nadu, 636106.

Company Details

  • CIN/LLPIN

    U17111TZ1981PTC001116

  • Registration Number

    001116

  • Incorporation Date

    04 November 1981

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.20 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.20 Cr
  • Company Age 44 Year, 20 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.84 Cr
  • Satisfied Charges ₹ 39.85 Cr
  • Revenue Growth -34.80%
  • Profit Growth -195.37%
  • Ebitda -74.74%
  • Net Worth -23.62%
  • Total Assets -14.14%
Company report

Sugavaneswara Spinning Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sugavaneswara Spinning Mills 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 Sugavaneswara Spinning Mills Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Umashankar ManojkumarDirector29 Oct 2001Current
Umashankar MouryaDirector14 Jul 1986Current
Perumal SaravananDirector23 Dec 2020Current
Pachiappan SaravananDirector30 Sep 2020Current
Manickam AngamuthuDirector28 Apr 2011Current
Angamuthu Mudaly LoganathanManaging Director14 Jul 1986Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector19 Nov 2008Past
Pramod AbcsddDirector03 Aug 2017Past
Pramod AbcsddAdditional Director27 Sep 2021Past
Pramod AbcsddDirector23 Sep 2011Past
Pramod AbcsddAdditional Director23 Sep 2011Past
Pramod AbcsddDirector05 Jul 2017Past

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Financial Performance of Sugavaneswara Spinning Mills.

Sugavaneswara Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.8% decrease. The company also saw a substantial fall in profitability, with a 195.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.62%.

Sugavaneswara Spinning Mills revenue growth over time
Sugavaneswara Spinning 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
-34.80%
Revenue from Operations
-34.83%
Total Assets
-14.14%
Profit or Loss
-195.37%
Net Worth
-23.62%
EBITDA
-74.74%

What is the Ownership and Shareholding Structure of Sugavaneswara Spinning Mills?

In 2023, Sugavaneswara Spinning Mills had a public holding of 39.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹118,427,000.00

Satisfied Charges

₹398,500,000.00

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 11.09 Cr
  • The Karnataka Bank Ltd : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2022Karnataka Bank Ltd.₹1.09 CrOpen
27 Oct 2010Karnataka Bank Ltd.₹3.00 CrOpen
27 Oct 2010The Karnataka Bank Ltd₹7.50 MOpen
07 Oct 1994Karnataka Bank Ltd.₹7.00 CrOpen
03 Jul 2020Karnataka Bank Ltd.₹2.15 CrSatisfied

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How Many Employees Work at Sugavaneswara Spinning Mills?

Sugavaneswara Spinning Mills has a workforce of 142 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 Sugavaneswara Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sugavaneswara Spinning 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 Sugavaneswara Spinning 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 Sugavaneswara Spinning Mills

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 06 Nov 2019 via Charge ID 100304768 with Karnataka Bank Ltd. was fully satisfied on 07 Apr 2025. was completed.

  • Annual General Meeting

    Progress on Sugavaneswara Spinning Mills Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge registered on 03 Jul 2020 via Charge ID 100366410 with Karnataka Bank Ltd. was fully satisfied on 05 Jul 2024. was recorded as a recent event.

  • Balance Sheet

    The activity Sugavaneswara Spinning Mills 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 with Karnataka Bank Ltd. of Rs. 3.00 Cr registered on 27 Oct 2010 with Charge ID 10252786 was modified on 28 Apr 2023. was documented.

  • Charges

    Progress on A charge registered on 11 Apr 2019 via Charge ID 100263840 with Karnataka Bank Ltd. was fully satisfied on 27 Jan 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Sugavaneswara Spinning Mills Private Limited?

    The CIN of Sugavaneswara Spinning Mills Private Limited is U17111TZ1981PTC001116.

  • Where is Sugavaneswara Spinning Mills Private Limited headquartered?

    Sugavaneswara Spinning Mills Private Limited is headquartered at Belur Main Roadminnampalli P O Minnampalli P O, Salem, Tamil Nadu, 636106.

  • When was Sugavaneswara Spinning Mills Private Limited incorporated?

    Sugavaneswara Spinning Mills Private Limited was incorporated on 04 November 1981.

  • Who are the current directors of Sugavaneswara Spinning Mills Private Limited?

    The current directors of Sugavaneswara Spinning Mills Private Limited are

  • What is the primary industry of Sugavaneswara Spinning Mills Private Limited?

    The primary industry of Sugavaneswara Spinning Mills Private Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Sugavaneswara Spinning Mills Private Limited a listed company?

    Sugavaneswara Spinning Mills Private Limited is unlisted.

  • What is the capital structure of Sugavaneswara Spinning Mills Private Limited?

    The authorized capital of Sugavaneswara Spinning Mills Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.20 Cr.

  • What is the compliance status of Sugavaneswara Spinning Mills Private Limited?

    The compliance status of Sugavaneswara Spinning Mills Private Limited is Compliant.

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