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Salona Cotspin Limited Location T. Score Charges People Network Registered Details
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SALONA COTSPIN LIMITED

www.salonagroup.com
Active
Updated: 22 Oct 2024

Salona Cotspin Limited, is a listed public company incorporated on 18 January, 1994. It is classified as a public limited company and is located in Sathyamangalam, Tamil Nadu. It's authorized share capital is INR 6.00 cr and the total paid-up capital is INR 5.26 cr.

Salona Cotspin Limited's operating revenue range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 6.85% over the previous year. At the same time, it's book networth has increased by 29.59%.

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Industry

Manufacture of textiles
Products
  • Ring Spin, Blended, Knitted fabrics
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
-24.75%
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EBITDA
-6.85%
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Net Profit
-11.22%
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Networth
29.59%
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Borrowings
14.4%
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Assets
18.52%
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Gross Margin
-0.03
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Operating Margin
1.37
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Net Profit Margin
0.55
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Return on Equity
-10.89
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ROCE
-9.35
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Debt to Equity
-0.27
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (21)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Union Bank of India

No. of Loans: 3

Total Amount : 450.5 cr

2

HDFC Bank Limited

No. of Loans: 7

Total Amount : 197.7 cr

3

State Bank of India

No. of Loans: 2

Total Amount : 60.7 cr

4

CSB BANK LIMITED

No. of Loans: 1

Total Amount : 29.9 cr

5

ICICI Bank Limited

No. of Loans: 1

Total Amount : 20.0 cr

6

CSB Bank Limited

No. of Loans: 2

Total Amount : 18.1 cr

7

Punjab National Bank

No. of Loans: 1

Total Amount : 1.2 cr

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Charges

Union Bank of India
HDFC Bank Limited
State Bank of India
CSB BANK LIMITED
Others

People

Designation Name DIN/PAN Tenure
Managing Director Shyam Lal Agarwala
Shareholder
00003055 28 years
Managing Director Manoj Kumar Jhajharia
Shareholder
00003076 26 years
Director Arunkumar Jhajharia
Shareholder
00003086 7 years
Additional Director Prabhu 05342906 2 years
Director Dhiresh Jayasi 06931744 10 years
Additional Director Raghav Agarwal
Shareholder
06981525 2 years
Director Meenakumari Shanmugam 07143889 10 years
Director Hari Desikan Ganesh 08710451 4 years
CFO Selvaraj Subbiah
Shareholder
<HIDDEN> 10 years
Kmp Punai Srinivasan Ravishankar <HIDDEN> 0 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SHRISTI COTSPINN PRIVATE LIMITED
Active
2.8 Cr 3 Tamil Nadu
ITF SOURCING LLP
Active
5,000.0 1 Nadu
TEXPRENEURS BUSINESS INSIGHTS AND SOLUTIONS LLP
Active
10,000.0 2 Tamil Nadu
COTTON SOURCING COMPANY LIMITED
Active
53.0 L 1 Tamil Nadu
SRI SADHYAA EXPORTS PRIVATE LIMITED
Active
30.0 L 1 Tamil Nadu
TERRAVAULT NETWORKS PRIVATE LIMITED
Active
1.0 L 1 Tamil Nadu
FLIBBR CONSULTING SERVICES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SHRAMY LEARNING TECHNOLOGIES PRIVATE LIMITED
Active
10.0 L 1 Maharashtra
MSE FINANCIAL SERVICES LIMITED
Active
23.4 Cr 1 Tamil Nadu

Registered Details

CIN

L17111TZ1994PLC004797

PAN

AACCS4554N

Incorporation

1994, 30.8 years

Company Email

cs@salonacotspin.com

Paid up Capital

₹ 5.3 Cr

Authorised Capital

₹ 6.0 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 22 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - SALONA COTSPIN LIMITED

What is the incorporation date of SALONA COTSPIN LIMITED?

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The incorporation date of SALONA COTSPIN LIMITED is 18 January, 1994

What is the authorized share capital of SALONA COTSPIN LIMITED?

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The authorized share capital of SALONA COTSPIN LIMITED is INR ₹ 6.0 Cr.

What is the paid-up capital of SALONA COTSPIN LIMITED?

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The paid-up capital of SALONA COTSPIN LIMITED is INR ₹ 5.3 Cr.

What is the registered address of SALONA COTSPIN LIMITED?

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The registered address of SALONA COTSPIN LIMITED is SF NO 74/12 & 75/3SATHY ROAD POONGAMPALLI VILLAGE SATHYAMANGALAM Tamil Nadu - 638402

What is the CIN number of SALONA COTSPIN LIMITED?

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The CIN number of SALONA COTSPIN LIMITED is L17111TZ1994PLC004797.

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