V.P.S.Spinning Mills Private Limited

V.P.S.Spinning Mills Private Limited - manufacturing in Tuticorin, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TN1993PTC024665 Incorporated 23 March 1993 ROC Chennai HQ Tuticorin, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2022
₹12.77 Cr
▲ 33% YoY
Net profit · FY 2022
₹26.37 Lakh
Net margin 2.1%
EBITDA · FY 2022
₹84.45 Lakh
EBITDA margin 6.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹4.53 Cr
Satisfied ₹8.38 Cr
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings

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

CIN U17111TN1993PTC024665
Registration Number 024665
Incorporation Date 23 March 1993
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-26-0019114

Recognitions & Rankings of V.P.S.Spinning Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-26-0019114

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 Address
    S.No.2/402 3/402 Tuticorin High Road Eppodumvendran Tuti, Corin Dist, Tamil Nadu, India – 628712
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of V.P.S.Spinning Mills Private Limited, buy the company report.

Comprehensive company report
V.P.S.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 V.P.S.Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, 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 available

V.P.S.Spinning Mills Private Limited reported revenue of ₹12.77 Cr (up 33% YoY) for FY 2022.

Revenue · FY 2022
₹12.77 Cr ▲ 33%
Net profit · FY 2022
₹26.37 Lakh margin 2.1%
EBITDA · FY 2022
₹84.45 Lakh margin 6.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 49%
5 years · compounded
▲ 13%

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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.6%
Net Profit Margin2.1%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Subbiah RameshWhole-Time Director23 Mar 199333 Years 7 MonthsCurrent
Subbiah RavichandranWhole-Time Director23 Mar 199333 Years 7 MonthsCurrent
Vellaiammalpuram Ponnu Subbiah SubbiahManaging Director23 Mar 199333 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh2.1%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 firmFinancial yearFirm registration number
P.S. VENKATASUBRAMANAIM & CO.FY 20220005512-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 categoryFY 2022FY 2021FY 2020FY 2019FY 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

Open charges
₹4.53 Cr
Satisfied charges
₹8.38 Cr
Breakdown by lending institutions
Indian Overseas Bank₹4.00 Cr
The Investment Trust of India Ltd.₹0.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Mar 200590290587Indian Overseas Bank₹4 CrOpen
15 Dec 200090303095The Investment Trust of India Ltd.₹15.08 LakhOpen
27 Nov 200090303094The Investment Trust of India Ltd.₹10.06 LakhOpen
27 Oct 199790303080The Investment Trust of India Ltd.₹28.19 LakhOpen
29 Jan 2014100062709Indian Overseas Bank₹1.11 CrSatisfied

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

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AABCV0861G1ZMTamil NaduActive01 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.

Charges
A charge with Indian Overseas Bank of Rs. 4.00 Cr registered on 16 Mar 2005 with Charge ID 90290587 was modified on 21 Jan 2023.
Charges
A charge registered on 29 Jan 2014 via Charge ID 100062709 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 06 Jan 2012 via Charge ID 10336061 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 10 Aug 2010 via Charge ID 10236219 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 09 Oct 2009 via Charge ID 10186859 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 03 Jun 2008 via Charge ID 10224447 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 15 Feb 2007 via Charge ID 10040309 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 02 Dec 2005 via Charge ID 90289832 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 26 Mar 2005 via Charge ID 90290604 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 27 Nov 2003 via Charge ID 90302890 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 20 Sep 2001 via Charge ID 90302167 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.
Charges
A charge registered on 29 Sep 2000 via Charge ID 90302790 with Indian Overseas Bank was fully satisfied on 19 Jan 2023.

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:

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.