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Victory Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Namakkal District, Tamil Nadu, India, established in 2003.

2003 | Namakkal District, Tamil Nadu, India | Active
Last Updated:

About Victory Spinning Mills Private Limited

Victory Spinning Mills Private Limited, a active private limited company, was established on 30 January 2003 in Namakkal District, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2003PTC010459. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹22.75 Cr and a paid-up capital of ₹22.62 Cr.

Formerly known as Victory Yarn Spinners Private Limited, Victory Spinning Mills Limited. It upholds a active non-compliant status. Employing 157 professional, Its leadership includes Pallipalayam Sellappan Sundaram (Managing Director), Thangavelu Balachandar (Director), Sundaram Vijayalakshmi (Director). Past directors included Pallipalayam Sellappan Sundaram, Ramasamygounder Thangavelu. It holds ₹60.00 Cr open charges and ₹113.73 Cr settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sankagiri Main Roaduppupalayam Modamangalam Post Tirchengode Taluk, Namakkal District, Tamil Nadu, 638006.

Company Details

  • CIN/LLPIN

    U17111TZ2003PTC010459

  • Registration Number

    010459

  • Incorporation Date

    30 January 2003

  • Authorized Capital

    ₹22.75 Cr

  • Paid-Up Capital

    ₹22.62 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 22.75 Cr
  • Paid Up Capital ₹ 22.62 Cr
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 60.00 Cr
  • Satisfied Charges ₹ 113.73 Cr
  • Revenue Growth -27.94%
  • Profit Growth -60.20%
  • Ebitda -7.25%
  • Net Worth 2.20%
  • Total Assets -6.71%
Company report

Victory Spinning Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Victory 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 Victory Spinning Mills Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Pallipalayam Sellappan SundaramManaging Director30 Jan 2003Current
Thangavelu BalachandarDirector30 Jan 2003Current
Sundaram VijayalakshmiDirector30 Jan 2003Current
Sellappagounder Sundaram AbhiramiAdditional Director13 Oct 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director31 Jan 2020Past
Pramod AbcsddManaging Director31 Jan 2020Past

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Financial Performance of Victory Spinning Mills.

Victory Spinning Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 27.94% decrease. The company also saw a substantial fall in profitability, with a 60.2% decrease in profit. The company's net worth moved up by a moderate rise of 2.2%.

Victory Spinning Mills revenue growth over time
Victory 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
-27.94%
Revenue from Operations
-27.84%
Total Assets
-6.71%
Profit or Loss
-60.20%
Net Worth
2.20%
EBITDA
-7.25%

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

In 2023, Victory Spinning Mills had a promoter holding of 85.44% and a public holding of 14.56%. 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

₹600,007,000.00

Satisfied Charges

₹1,137,300,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 59.48 Cr
  • Others : 0.40 Cr
  • Canara Bank : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2025Others₹4.03 MOpen
04 May 2020Axis Bank Limited₹2.00 CrOpen
31 Oct 2019Canara Bank₹1.23 MOpen
15 Oct 2018Axis Bank Limited₹57.48 CrOpen
29 Apr 2013Corporation Bank₹36.25 CrSatisfied

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How Many Employees Work at Victory Spinning Mills?

Victory Spinning Mills has a workforce of 157 employees as of Apr 07, 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 Victory Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

Recent Activity within the Organization

  • Director Appointment

    The activity Sellappagounder Sundaram Abhirami was appointed as a Additional Director was appointed as a Additional Director on 13 Oct 2025 & has been associated with this company since 2 months 15 days . was completed.

  • Annual General Meeting

    Victory Spinning Mills Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Victory Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.40 Cr with Charge ID 101074436 was registered on 28 Mar 2025. was documented.

  • Charges

    Progress on A charge registered on 29 Apr 2013 via Charge ID 10476983 with Corporation Bank was fully satisfied on 29 Aug 2022. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100337843 was registered on 04 May 2020. was documented.

Frequently Asked Questions

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

    The CIN of Victory Spinning Mills Private Limited is U17111TZ2003PTC010459.

  • Where is Victory Spinning Mills Private Limited headquartered?

    Victory Spinning Mills Private Limited is headquartered at Sankagiri Main Roaduppupalayam Modamangalam Post Tirchengode Taluk, Namakkal District, Tamil Nadu, 638006.

  • When was Victory Spinning Mills Private Limited incorporated?

    Victory Spinning Mills Private Limited was incorporated on 30 January 2003.

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

    The current directors of Victory Spinning Mills Private Limited are

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

    The primary industry of Victory Spinning Mills Private Limited is Manufacturing.

  • Is Victory Spinning Mills Private Limited a listed company?

    Victory Spinning Mills Private Limited is unlisted.

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

    The authorized capital of Victory Spinning Mills Private Limited is ₹22.75 Cr, and the paid-up capital is ₹22.62 Cr.

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

    The compliance status of Victory Spinning Mills Private Limited is Active Non-Compliant.

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