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Victory Spinning Mills Location T. Score Charges People Network Registered Details

VICTORY SPINNING MILLS PRIVATE LIMITED

www.spinningmills.com
Active
Updated: 17 Aug 2024

Victory Spinning Mills Private Limited, is an unlisted private company incorporated on 30 January, 2003. It is classified as a private limited company and is located in Namakkal District, Tamil Nadu. It's authorized share capital is INR 22.75 cr and the total paid-up capital is INR 22.62 cr.

Victory Spinning Mills'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 42.0% over the previous year. At the same time, it's book networth has increased by 1.28%.

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Industry

Manufacture of textiles
Products
  • Polyester Spun Yarn, Viscose blended., Polyester
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-30.65%
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EBITDA
-16.46%
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Net Profit
-66.41%
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Networth
0.42%
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Borrowings
-27.84%
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Assets
-9.64%
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Gross Margin
5.34
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Operating Margin
0.66
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Net Profit Margin
-0.11
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Return on Equity
-0.84
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ROCE
0.61
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Debt to Equity
-0.28
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (2)
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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Axis Bank Limited

No. of Loans: 2

Total Amount : 59.5 cr

2

Canara Bank

No. of Loans: 1

Total Amount : 0.1 cr

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Charges

Axis Bank Limited
Canara Bank

People

Designation Name DIN/PAN Tenure
Managing Director Pallipalayam Sellappan Sundaram
Shareholder
00505559 22 years
Director Sundaram Vijayalakshmi
Shareholder
00508551 22 years
Managing Director Ramasamygounder Thangavelu
Shareholder
00555722 22 years
Director Thangavelu Balachandar
Shareholder
00781103 22 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SKV YARNS PRIVATE LIMITED
Active
1.0 L 2 Tamil Nadu
VK VICTORY YARNS INDIA PRIVATE LIMITED
Active
1.2 L 2 Tamil Nadu

Registered Details

CIN

U17111TZ2003PTC010459

PAN

AABCV7533K

Incorporation

2003, 22.0 years

Company Email

victoryspgmills@gmail.com

Paid up Capital

₹ 22.6 Cr

Authorised Capital

₹ 22.8 Cr

AGM

Sep 2023

Type

Private
Non-government Company

Last Balance Sheet Date

Mar 2023 Updated on : 17 Aug 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - VICTORY SPINNING MILLS PRIVATE LIMITED

What is the incorporation date of VICTORY SPINNING MILLS PRIVATE LIMITED?

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The incorporation date of VICTORY SPINNING MILLS PRIVATE LIMITED is 30 January, 2003

What is the authorized share capital of VICTORY SPINNING MILLS PRIVATE LIMITED?

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The authorized share capital of VICTORY SPINNING MILLS PRIVATE LIMITED is INR ₹ 22.8 Cr.

What is the paid-up capital of VICTORY SPINNING MILLS PRIVATE LIMITED?

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The paid-up capital of VICTORY SPINNING MILLS PRIVATE LIMITED is INR ₹ 22.6 Cr.

What is the registered address of VICTORY SPINNING MILLS PRIVATE LIMITED?

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The registered address of VICTORY SPINNING MILLS PRIVATE LIMITED is SANKAGIRI MAIN ROADUPPUPALAYAM MODAMANGALAM POST TIRCHENGODE TALUK NAMAKKAL DISTRICT Tamil Nadu - 638006

What is the CIN number of VICTORY SPINNING MILLS PRIVATE LIMITED?

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The CIN number of VICTORY SPINNING MILLS PRIVATE LIMITED is U17111TZ2003PTC010459.

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