MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-28-0046728
Vigneshkumar Spinning Mills Private Limited
Vigneshkumar Spinning Mills Private Limited - manufacturing in Kamanaickenpalayam, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.75 Cr
▼ 21% YoY
Net loss · FY 2024
₹1.92 Cr
Net margin -24.8%
EBITDA · FY 2024
₹1.09 Cr
EBITDA margin 14.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.74 Cr
Issued & subscribed
Open charges
₹30.57 Cr
Satisfied ₹12.09 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
50
Provident fund records
About Vigneshkumar Spinning Mills Private Limited
Data last updated:
Vigneshkumar Spinning Mills Private Limited is a private limited company based in Kamanaickenpalayam, Tamil Nadu, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 04 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17115TZ1991PTC003167. Its GSTIN is 33AAACV6930D1ZN (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.74 Cr. It is led by directors including Palanisamy Balasubramanian (Managing Director) and Balasubramaniam Shanmugavadivelu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pollachi Main Road, Kamanaickenpalayam, Tamil Nadu, India – 641658.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.75 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.92 Cr (net margin -24.8%) and EBITDA of ₹1.09 Cr (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.57 Cr and satisfied charges of ₹12.09 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Vigneshkumar Spinning Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0046728). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17115TZ1991PTC003167
Registration Number 003167
Incorporation Date 04 March 1991
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0046728
Key People
Palanisamy Balasubramanian Managing Director Balasubramaniam Shanmugavadivelu Director Rathnasamy Chitradevi Director Recognitions & Rankings of Vigneshkumar Spinning Mills
Contact details
Vigneshkumar Spinning Mills Private Limited's registered office is in Kamanaickenpalayam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPollachi Main Road, Kamanaickenpalayam, Tamil Nadu, India – 641658
- IndustryManufacturing, Leather Goods, Textile & Fabric Production
To see the full contact details of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Comprehensive company report
Vigneshkumar Spinning Mills Private Limited - one report that includes everything
- Company details, directors and signatories
- 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 Vigneshkumar Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Financials of Vigneshkumar Spinning Mills Private Limited
FY 2024 filings availableVigneshkumar Spinning Mills Private Limited reported revenue of ₹7.75 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹7.75 Cr ▼ 21%
Net loss · FY 2024
₹1.92 Cr margin -24.8%
EBITDA · FY 2024
₹1.09 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 5%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 7%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 21% fall in the latest year. EBITDA rose 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.92 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | -24.8% | ||||
| 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 Vigneshkumar Spinning Mills Private Limited, buy the company report.
Board of directors of Vigneshkumar Spinning Mills Private Limited
Vigneshkumar Spinning Mills has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Balasubramanian | Managing Director | 17 Jun 1992 | 34 Years 4 Months | Current |
| Balasubramaniam Shanmugavadivelu | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
| Rathnasamy Chitradevi | Director | 21 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Vigneshkumar Spinning Mills Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Leather, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shalin Maniyar Fashions Private Limited | ₹7.75 Cr (FY 2024) | 33.0% | Surat, Gujarat, India | |||
| Kachave Industries Private Limited | ₹7.75 Cr (FY 2023) | -5.0% | Maharashtra, India | |||
| Ritelam Textiles Private Limited | ₹7.75 Cr (FY 2024) | 36.0% | Coimbatore, Tamil Nadu, India | |||
| Hira Syntex Private Limited | ₹7.75 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Vigneshkumar Spinning Mills Private Limitedthis company | ₹7.75 Cr (FY 2024) | -₹1.92 Cr | -24.8% | -21.0% | 50 | Kamanaickenpalayam, Tamil Nadu, India |
| Draax Fashions Private Limited | ₹7.74 Cr (FY 2024) | 120.0% | Gurgaon, Haryana, India | |||
| Nahar Cotsyn Private Limited | ₹7.74 Cr (FY 2024) | 11.0% | Delhi, India | |||
| NGL Fabrics Private Limited | ₹7.74 Cr (FY 2018) | -6.0% | Bhiwandi, Maharashtra, India |
To see the full peer comparison of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Auditor
Vigneshkumar Spinning Mills Private Limited is audited by Sarulatha & Saravanan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sarulatha & Saravanan | FY 2023 | 010572S |
Shareholding
The shareholding of Vigneshkumar Spinning Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.57 Cr
Satisfied charges
₹12.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2022 | 100571599 | Indian Overseas Bank | ₹8.5 Cr | Open | |
| 29 Oct 2020 | 100435064 | Indnian Overseas Bank | ₹50 Lakh | Open | |
| 21 Apr 2014 | 10511849 | Indian Overseas Bank | ₹19.14 Cr | Open | |
| 25 Nov 1999 | 90001009 | State Bank of India | ₹1 Cr | Open | |
| 20 Oct 1997 | 90000788 | The Karur Vysya Bank Ltd | ₹29 Lakh | Open |
To see the full charge records of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Vigneshkumar Spinning Mills Private Limited has 2 court cases on record: 2 filed by Vigneshkumar Spinning Mills. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vigneshkumar Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vigneshkumar Spinning Mills Private Limited has a workforce of 50 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-9.09%
GST
Vigneshkumar Spinning Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV6930D1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vigneshkumar Spinning Mills Private Limited, buy the company report.
Recent activity
Vigneshkumar Spinning Mills Private Limited has 8 board changes on record since 1992: 3 appointments and 5 cessations. The latest: Balasubramaniam Shanmugavadivelu was appointed as Director on 31 Mar 2021.
AGM
Vigneshkumar Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vigneshkumar Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Indian Overseas Bank amounted to Rs. 8.50 Cr with Charge ID 100571599 was registered on 20 Apr 2022.
Appointed
Balasubramaniam Shanmugavadivelu was appointed as Director.
Ceased
Balasubramaniam Shanmugavadivelu ceased to be Additional Director.
Charges
A charge with Indnian Overseas Bank amounted to Rs. 0.50 Cr with Charge ID 100435064 was registered on 29 Oct 2020.
Ceased
Palanisamy Rathanasamy ceased to be Director.
Appointed
Rathnasamy Chitradevi was appointed as Director.
Charges
A charge registered on 12 May 1997 via Charge ID 90000724 with State Bank Of India was fully satisfied on 02 Dec 2014.
Charges
A charge registered on 13 Mar 1995 via Charge ID 90000495 with State Bank Of India was fully satisfied on 02 Dec 2014.
Charges
A charge with Indian Overseas Bank amounted to Rs. 19.14 Cr with Charge ID 10511849 was registered on 21 Apr 2014.
Ceased
Marappagounder Krishnasamy ceased to be Director.
13 earlier events are in the company report.
Frequently asked questions
Vigneshkumar Spinning Mills is an active private limited company based in Kamanaickenpalayam, Tamil Nadu, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 04 March 1991 (35+ years old) and is registered under CIN U17115TZ1991PTC003167.
Vigneshkumar Spinning Mills has 3 current directors:
- Palanisamy Balasubramanian - Managing Director
- Balasubramaniam Shanmugavadivelu - Director
- Rathnasamy Chitradevi - Director
The latest financial statements of Vigneshkumar Spinning Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vigneshkumar Spinning Mills is 33AAACV6930D1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vigneshkumar Spinning Mills is U17115TZ1991PTC003167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vigneshkumar Spinning Mills has 2 court cases on record: 2 filed by the company.
Vigneshkumar Spinning Mills was incorporated on 04 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Vigneshkumar Spinning Mills by revenue are Shalin Maniyar Fashions Private Limited, Kachave Industries Private Limited, Ritelam Textiles Private Limited, Hira Syntex Private Limited, Draax Fashions Private Limited and 2 more, all in the Manufacturing industry (Leather, Textiles), with the same principal business activity (textile, leather and other apparel products).
Balasubramaniam Shanmugavadivelu was appointed as Director on 31 Mar 2021. Balasubramaniam Shanmugavadivelu ceased to be Additional Director on 14 Dec 2020. Palanisamy Rathanasamy ceased to be Director on 21 May 2019. Vigneshkumar Spinning Mills has 8 board changes on record in total.
Yes, Vigneshkumar Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0046728).
The registered office of Vigneshkumar Spinning Mills is at Pollachi Main Road, Kamanaickenpalayam, Tamil Nadu, India – 641658.
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