- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-26-0019114

V.P.S.Spinning Mills Private Limited
About V.P.S.Spinning Mills Private Limited
Data last updated:
V.P.S.Spinning Mills Private Limited is a private limited company based in Tuticorin, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1993PTC024665. Its GSTIN is 33AABCV0861G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Vellaiammalpuram Ponnu Subbiah Subbiah (Managing Director) and Subbiah Ramesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S.No.2/402 3/402 Tuticorin High Road Eppodumvendran Tuti, Corin Dist, Tamil Nadu, India – 628712.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.77 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹26.37 Lakh (net margin 2.1%) and EBITDA of ₹84.45 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹4.53 Cr and satisfied charges of ₹8.38 Cr on record.
V.P.S.Spinning Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-26-0019114). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of V.P.S.Spinning Mills
Contact details
V.P.S.Spinning Mills Private Limited's registered office is in Tuticorin, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.No.2/402 3/402 Tuticorin High Road Eppodumvendran Tuti, Corin Dist, Tamil Nadu, India – 628712
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of V.P.S.Spinning Mills Private Limited, buy the company report.
- 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
Business activity
The main business activity of V.P.S.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 V.P.S.Spinning Mills Private Limited, buy the company report.
Financials of V.P.S.Spinning Mills Private Limited
FY 2022 filings availableV.P.S.Spinning Mills Private Limited reported revenue of ₹12.77 Cr (up 33% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 33% growth in the latest year. EBITDA rose 13% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹84.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.37 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of V.P.S.Spinning Mills Private Limited, buy the company report.
Board of directors of V.P.S.Spinning Mills Private Limited
V.P.S.Spinning Mills has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbiah Ramesh | Whole-Time Director | 23 Mar 1993 | 33 Years 7 Months | Current |
| Subbiah Ravichandran Also directs: Sree Rajagopal Benefit Fund Ltd | Whole-Time Director | 23 Mar 1993 | 33 Years 7 Months | Current |
| Vellaiammalpuram Ponnu Subbiah Subbiah Also directs: Sree Rajagopal Benefit Fund Ltd | Managing Director | 23 Mar 1993 | 33 Years 7 Months | Current |
Peer comparison
V.P.S.Spinning Mills Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Nidhi Dyeing and Printing Mills Pvt Ltd | ₹12.8 Cr (FY 2025) | 14.0% | Palsana, Gujarat, India | |||
| Sudarshan Sulz Private Limited | ₹12.8 Cr (FY 2024) | -19.0% | Bhilwara, Rajasthan, India | |||
| Padam Prabhu Knits Private Limited | ₹12.8 Cr (FY 2024) | 21.0% | Ludhiana, Punjab, India | |||
| Oracle Home Textile Limited | ₹12.79 Cr (FY 2018) | -32.0% | Mumbai, Maharashtra, India | |||
| Tayal Hosiery Mills Private Limited | ₹12.77 Cr (FY 2025) | 15.0% | Kanpur, Uttar Pradesh, India | |||
| V.P.S.Spinning Mills Private Limitedthis company | ₹12.77 Cr (FY 2022) | ₹26.37 Lakh | 2.1% | 33.0% | Tuticorin, Tamil Nadu, India | |
| Dhanalaxmi Dyeing and Printing Mills Pvt Ltd | ₹12.76 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Net Paradigm India Private Limited | ₹12.75 Cr (FY 2024) | -47.0% | Noida, Uttar Pradesh, India | |||
| MCC Resources Pvt. Ltd. | ₹12.72 Cr (FY 2024) | 871.0% | Kolkata, West Bengal, India |
To see the full peer comparison of V.P.S.Spinning Mills Private Limited, buy the company report.
Auditor
V.P.S.Spinning Mills Private Limited is audited by P.S. VENKATASUBRAMANAIM & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S. VENKATASUBRAMANAIM & CO. | FY 2022 | 0005512-S |
Shareholding
The shareholding of V.P.S.Spinning Mills Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V.P.S.Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2005 | 90290587 | Indian Overseas Bank | ₹4 Cr | Open | |
| 15 Dec 2000 | 90303095 | The Investment Trust of India Ltd. | ₹15.08 Lakh | Open | |
| 27 Nov 2000 | 90303094 | The Investment Trust of India Ltd. | ₹10.06 Lakh | Open | |
| 27 Oct 1997 | 90303080 | The Investment Trust of India Ltd. | ₹28.19 Lakh | Open | |
| 29 Jan 2014 | 100062709 | Indian Overseas Bank | ₹1.11 Cr | Satisfied |
To see the full charge records of V.P.S.Spinning Mills Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving V.P.S.Spinning Mills Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V.P.S.Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V.P.S.Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV0861G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V.P.S.Spinning Mills Private Limited, buy the company report.
Recent activity
V.P.S.Spinning Mills Private Limited has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Subbiah Ravichandran ceased to be Director on 22 Mar 2018.
30 earlier events are in the company report.
Frequently asked questions
V.P.S.Spinning Mills is an active private limited company based in Tuticorin, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 March 1993 (33+ years old) and is registered under CIN U17111TN1993PTC024665.
V.P.S.Spinning Mills has 3 current directors:
- Vellaiammalpuram Ponnu Subbiah Subbiah - Managing Director
- Subbiah Ramesh - Whole-Time Director
- Subbiah Ravichandran - Whole-Time Director
The latest financial statements of V.P.S.Spinning Mills on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of V.P.S.Spinning Mills is 33AABCV0861G1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of V.P.S.Spinning Mills is U17111TN1993PTC024665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.P.S.Spinning Mills was incorporated on 23 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of V.P.S.Spinning Mills by revenue are Nidhi Dyeing and Printing Mills Pvt Ltd, Sudarshan Sulz Private Limited, Padam Prabhu Knits Private Limited, Oracle Home Textile Limited, Tayal Hosiery Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Subbiah Ravichandran ceased to be Director on 22 Mar 2018. Subbiah Ramesh ceased to be Whole-Time Director on 21 Mar 2018. Vellaiammalpuram Ponnu Subbiah Subbiah ceased to be Managing Director on 21 Mar 2018. V.P.S.Spinning Mills has 7 board changes on record in total.
Yes, V.P.S.Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-TN-26-0019114).
The registered office of V.P.S.Spinning Mills is at S.No.2402 3402 Tuticorin High Road Eppodumvendran Tuti, Corin Dist, Tamil Nadu, India – 628712.
V.P.S.Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.

