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
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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), Ramasamygounder Thangavelu (Managing 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 22.75 Cr
  • Paid Up Capital ₹ 22.62 Cr
  • Company Age 23 Year, 4 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Pallipalayam Sellappan Sundaram Managing Director 30 Jan 2003 Current
Thangavelu Balachandar Director 30 Jan 2003 Current
Ramasamygounder Thangavelu Managing Director 30 Jan 2003 Current
Sundaram Vijayalakshmi Director 30 Jan 2003 Current
Sellappagounder Sundaram Abhirami Additional Director 13 Oct 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 31 Jan 2020 Past
Pramod Abcsdd Managing Director 31 Jan 2020 Past

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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
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
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 -27.94%
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Revenue from Operations
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 -27.84%
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Total Assets
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 -6.71%
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Profit or Loss
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 -60.20%
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Net Worth
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 2.20%
*******
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*******
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EBITDA
*******
 -7.25%
*******
*******
*******
*******

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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.

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

₹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
Date Lender Amount Status
28 Mar 2025 Others ₹4.03 M Open
04 May 2020 Axis Bank Limited ₹2.00 Cr Open
31 Oct 2019 Canara Bank ₹1.23 M Open
15 Oct 2018 Axis Bank Limited ₹57.48 Cr Open
29 Apr 2013 Corporation Bank ₹36.25 Cr Satisfied

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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 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 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.

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Latest Updates, News, and FAQs on Victory Spinning Mills
Recent Activity within the Organization
  • Director Appointment

    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 7 months 26 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Victory Spinning Mills Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Victory Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • 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.

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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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