Swastik Spinners (India) Private Limited - Company Profile

It is a manufacturing private limited company based in Chennai, Tamil Nadu, India, established in 2012.
2012 Chennai, Tamil Nadu, India Under Liquidation
Last Updated:
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About Swastik Spinners (India) Private Limited

Swastik Spinners (India) Private Limited, a under liquidation private limited company, was established on 30 November 2012 in Chennai, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17122TN2012PTC088721. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Its leadership includes Sevugan Chettiar Ramasamy (Managing Director), Girish Ramaswamy (Director). Past directors included Sevugan Chettiar Ramasamy. It holds ₹7.14 Cr open charges and no settled loans. Its latest AGM occurred on 12 September 2018, with the balance sheet filed on 31 March 2018. It is based at No.22/1, Ormes Road, Kilpauk, Chennai, Tamil Nadu, 600010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17122TN2012PTC088721

  • Registration Number

    088721

  • Incorporation Date

    30 November 2012

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 7.14 Cr
  • Revenue Growth **** 4.36%
  • Profit Growth **** 16.55%
  • Ebitda **** -64.39%
  • Net Worth -100.04%
  • Total Assets **** 0.25%
Company report

Swastik Spinners (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Swastik Spinners (India) 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 Swastik Spinners (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Sevugan Chettiar Ramasamy Managing Director 30 Nov 2012 Current
Girish Ramaswamy Director 30 Nov 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Feb 2013 Past

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Financial Performance of Swastik Spinners (India).

Swastik Spinners (India) Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 4.36% increase. The company also saw a substantial improvement in profitability, with a 16.55% increase in profit. The company's net worth observed a substantial decline by a decrease of 100.04%.

Swastik Spinners (India) revenue growth over time
Swastik Spinners (India) 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
********
 4.36%
*******
*******
*******
*******
Revenue from Operations
*******
 4.31%
*******
*******
*******
*******
Total Assets
*******
 0.25%
*******
*******
*******
*******
Profit or Loss
*******
 16.55%
*******
*******
*******
*******
Net Worth
*******
 -100.04%
*******
*******
*******
*******
EBITDA
*******
 -64.39%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Swastik Spinners (India)?

In 2018, Swastik Spinners (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹71,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Tamilnad Mercantile Bank Limited : 7.14 Cr
Latest Charge Details
Date Lender Amount Status
31 Aug 2016 Tamilnad Mercantile Bank Limited ₹5.00 M Open
20 Mar 2013 Tamilnad Mercantile Bank Limited ₹6.64 Cr Open

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How Many Employees Work at Swastik Spinners (India)?

Unlock and access historical data on people associated with Swastik Spinners (India), 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 Swastik Spinners (India), 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 Swastik Spinners (India)'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.

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Latest Updates, News, and FAQs on Swastik Spinners (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Swastik Spinners (India) Private Limited last Annual general meeting of members was held on 12 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Swastik Spinners (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai. was completed.

  • Charges

    Progress on A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100063128 was registered on 31 Aug 2016. was documented.

  • Charges

    The activity A charge with Tamilnad Mercantile Bank Limited of Rs. 6.64 Cr registered on 20 Mar 2013 with Charge ID 10423185 was modified on 30 Jun 2016. was completed.

  • Charges

    Progress on A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 6.64 Cr with Charge ID 10423185 was registered on 20 Mar 2013. was documented.

  • Director Appointment

    Sevugan Chettiar Ramasamy was appointed as a Managing Director was appointed as a Managing Director on 30 Nov 2012 & has been associated with this company since 13 years 3 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Swastik Spinners (India) Private Limited?

The CIN of Swastik Spinners (India) Private Limited is U17122TN2012PTC088721.

Where is Swastik Spinners (India) Private Limited headquartered?

Swastik Spinners (India) Private Limited is headquartered at No.22/1, Ormes Road, Kilpauk, Chennai, Tamil Nadu, 600010.

When was Swastik Spinners (India) Private Limited incorporated?

Swastik Spinners (India) Private Limited was incorporated on 30 November 2012.

Who are the current directors of Swastik Spinners (India) Private Limited?

The current directors of Swastik Spinners (India) Private Limited are

What is the primary industry of Swastik Spinners (India) Private Limited?

The primary industry of Swastik Spinners (India) Private Limited is Manufacturing.

Is Swastik Spinners (India) Private Limited a listed company?

Swastik Spinners (India) Private Limited is unlisted.

What is the capital structure of Swastik Spinners (India) Private Limited?

The authorized capital of Swastik Spinners (India) Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Swastik Spinners (India) Private Limited?

The compliance status of Swastik Spinners (India) Private Limited is Compliant.

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