Summer India Weaving and Processing Mills Private Limited

Summer India Weaving and Processing Mills Private Limited - manufacturing in Namakkal, Tamil Nadu, India. Directors, charges & compliance details.
CIN U17115TZ2004PTC011238 Incorporated 14 July 2004 ROC Coimbatore HQ Namakkal, Tamil Nadu, India
Under Liquidation Private Limited Company manufacturing
Data last updated
Revenue · FY 2016
₹8,320
Latest filing
Authorised capital
₹12.5 Cr
Registered with MCA
Paid-up capital
₹8.64 Cr
Issued & subscribed
Open charges
₹51.79 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
34
Provident fund records
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Summer India Weaving and Processing Mills Private Limited

Data last updated:

Summer India Weaving and Processing Mills Private Limited is a private limited company based in Namakkal, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 July 2004.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17115TZ2004PTC011238. Its GSTIN is 33AAICS2206H1ZP (Tamil Nadu).

The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹8.64 Cr. It is led by directors Rangasamy Asaithambi (Managing Director) and Aasaithambhee Amuthaa.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 176/2 Akozhikkalanatham Road Tiruchengode, Namakkal, Tamil Nadu, India – 637211.

The company has about 34 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹51.79 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

The last known website on record is summerindia.com.

Company details

CIN U17115TZ2004PTC011238
Registration Number 011238
Incorporation Date 14 July 2004
ROC Coimbatore
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Contact details

Summer India Weaving and Processing Mills Private Limited's registered office is in Namakkal, Tamil Nadu.

  • Registered Address
    176/2 Akozhikkalanatham Road Tiruchengode, Namakkal, Tamil Nadu, India – 637211
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Summer India Weaving and Processing Mills Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Summer India Weaving and Processing Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

Financials of Summer India Weaving and Processing Mills Private Limited

FY 2016 filings available

Summer India Weaving and Processing Mills Private Limited reported revenue of ₹8,320 for FY 2016.

Revenue · FY 2016
₹8,320

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Summer India Weaving and Processing Mills Private Limited, buy the company report.

Board of directors of Summer India Weaving and Processing Mills Private Limited

Summer India Weaving and Processing Mills has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rangasamy AsaithambiManaging Director14 Jul 200422 Years 3 MonthsAs last reported
Aasaithambhee AmuthaaDirector14 Jul 200422 Years 3 MonthsAs last reported

Charges & borrowings

Open charges
₹51.79 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹35.79 Cr
State Bank of Hyderabad₹16.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jun 200590004699State Bank of Hyderabad₹16 CrOpen
03 Dec 200490004514State Bank of India₹35.79 CrOpen

To see the full charge records of Summer India Weaving and Processing Mills Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Summer India Weaving and Processing Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Summer India Weaving and Processing Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAICS2206H1ZPTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Summer India Weaving and Processing Mills Private Limited, buy the company report.

Recent activity

Summer India Weaving and Processing Mills Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Karuveppampatty Sennimalai Rangasamy ceased to be Director on 16 Feb 2014.

AGM
Summer India Weaving And Processing Mills Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Summer India Weaving And Processing Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Coimbatore.
Ceased
Karuveppampatty Sennimalai Rangasamy ceased to be Director.
Ceased
Rajammal Rangasamy ceased to be Director.
Ceased
Srinivasan Kavitha ceased to be Director.
Ceased
Srinivasan Rangasamy ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 35.79 Cr registered on 03 Dec 2004 with Charge ID 90004514 was modified on 19 Aug 2011.
Charges
A charge with State Bank Of Hyderabad of Rs. 16.00 Cr registered on 23 Jun 2005 with Charge ID 90004699 was modified on 29 Jun 2009.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 16.00 Cr with Charge ID 90004699 was registered on 23 Jun 2005.
Charges
A charge with State Bank Of India amounted to Rs. 35.79 Cr with Charge ID 90004514 was registered on 03 Dec 2004.
Appointed
Aasaithambhee Amuthaa was appointed as Director.
Appointed
Rangasamy Asaithambi was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Summer India Weaving and Processing Mills is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Summer India Weaving and Processing Mills is a company under liquidation, formerly operating as a private limited company based in Namakkal, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 July 2004 and is registered under CIN U17115TZ2004PTC011238. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Summer India Weaving and Processing Mills has 2 current directors:

The latest financial statements of Summer India Weaving and Processing Mills on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Summer India Weaving and Processing Mills is U17115TZ2004PTC011238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Summer India Weaving and Processing Mills has open charges of ₹51.79 Cr and no satisfied charges on record as per latest MCA filings.

Summer India Weaving and Processing Mills has 2 court cases on record: 2 filed against it. Most are in the district courts.

Summer India Weaving and Processing Mills was incorporated on 14 July 2004. It is registered with the Registrar of Companies, Coimbatore.

Karuveppampatty Sennimalai Rangasamy ceased to be Director on 16 Feb 2014. Rajammal Rangasamy ceased to be Director on 16 Feb 2014. Srinivasan Kavitha ceased to be Director on 16 Feb 2014. Summer India Weaving and Processing Mills has 6 board changes on record in total.

Summer India Weaving and Processing Mills can be reached through the website summerindia.com. Its registered office is in Namakkal, Tamil Nadu, India.