Sandhya Spinning | Unlisted Shares | Latest Share Price & Updates

Last Modified - September 8, 2023

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Company Overview

Sandhya Spinning Mill Limited was established in 1994, it’s a part of Ramco Group. Its engaged in cement, textiles, software and fibre cement roofing sheets and accessories. Sandhya Spinning Mills share price has been a significant aspect of the company’s trajectory. It has its spinning unit at Rajapalaiyam, Tamil Nadu and Gopinenipalem Village, Vadsavai Mandal, Krishna Dist, Andhra Pradesh with installed capacity of 57552 spindles. They have 1024 rotors Rajapalayam and 1440 rotors in Andhra Pradesh. The company has installed 10.95 MW Wind Turbine generators to save the power cost substantially. The wind mill installed will take care of almost 70% of the total power requirements of mills after expansion.

Sandhya Spinning Mill’s products have been accepted in the overseas markets also and they export 60% of the capacity to the high quality conscious markets like Japan, Germany, Italy, Czech Republic, Madagascar and Bangladesh. With a belief of stable quality of raw material is key to stable quality product, Sandhya Spinning Mill Limited is growing as one of the best cotton yarn spinning in South India. The products they produce are: Ring Yarn, Compact Y

arn, TFO Doubled Yarn and OE Yarn.

Registered Office

Sandhya Spinning Mill Limited has its registered office located at Sandhya Spinnin Mill Limited No.47, P.S.K Nagar, Rajapalayam- 626108.

Board of Directors

NAME	DESIGNATION
Shri Venketrama Raja	Chairman
Smt. B Srisandhya Raju	Managing Director
Smt. R Sudarsanam	Director
Shri N.K. Shrikantan Raja	Director
Shri P A S Krishnama Raja	Director
Smt. P V Nirmala Raju	Director
Shri Kanthimathinathan	Director

Key Business Highlights of Sandhya Spinning Mills & Sandhya Spinning Mills Share Price

Ratio

Ratio	FY23	FY22
Operating Margin	32.50%	15.80%
Net Profit Margin	-11.90%	8.30%
Return on Equity	-14.70%	48.90%
Debt-Equity	8.7	6.25
Current Ratio	0.81	0.85
Dividend Payout	0%	7%

Financial Highlights

Particulars	2022-23	2021-22	2020-21	2019-20	2018-19
Total Income (₹ Crores)	43.86	241.14	139.16	116.21	158.81
PAT (₹ Crores)	-5.24	19.99	-2.17	-8.83	-1.42
Diluted EPS	-1.98	9.55	-3.15	-19.19	-3.09
Book Value per Share (₹)	12.91	14.8	6.77	5.05	24.24
Equity (₹ Crores)	35.62	40.86	9.35	2.32	11.15

Financial Charts

Shareholding Pattern

Peer Comparison

Company	Market Cap (₹ Crores)	Profitability Margin (%)	ROCE (%)	ROE (%)	D/E Ratio	P/E Ratio	P/B Ratio	Book Value per Share (₹)
Sandhya Spinning Mill Limited	41	-11.95%	10.10%	-15%	8.7	-7.58	1.16	12.91
Surat Textile Mills Limited	183	245%	2.02%	37.60%	0	2.94	0.92	8.83
Loyal Textile Mills Limited	333	0.20%	3.54%	0.79%	1.84	117	0.92	748

Media Updates

Annual Reports

Sandhya Spinning – Annual Report FY 2018-19
Sandhya Spinning – Annual Report FY 2019-20
Sandhya Spinning – Annual Report FY 2020-21
Sandhya Spinning – Annual Report FY 2021-22
Sandhya Spinning – Annual Report FY 2022-23

Frequently Asked Questions (FAQs) on Sandhya Spinning Unlisted Shares

Is it legal to buy Sandhya Spinning Mill Ltd unlisted shares in India?

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.

How to buy Sandhya Spinning Mill unlisted shares?

The procedure to buy the Sandhya Spinning Mill unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.

Is Sandhya Spinning Mill Ltd involved in selling its unlisted shares?

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.

When will the Sandhya Spinning Mill unlisted shares be credited into my demat account?

The Sandhya Spinning Mill unlisted shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

Is there any minimum lot size limit to buy Sandhya Spinning Mill unlisted shares?

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size of Sandhya Spinning Mill, please visit the stock page on our website: www.delistedstocks.in

How is the market price of Sandhya Spinning Mill unlisted shares determined?

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.

What is the minimum lock-in period for Sandhya Spinning Mill unlisted shares?

Before IPO, there is no restriction on sale and transfer of your Sandhya Spinning Mill unlisted shares. But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.

How to sell Sandhya Spinning Mill unlisted shares?

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.

How much capital gains tax rate would be applicable on sale of Sandhya Spinning Mill unlisted shares?

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

Are Sandhya Spinning Mill unlisted shares regulated by SEBI rules and regulations?

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.

What are the risks involved in investing in Sandhya Spinning Mill unlisted shares?

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.

Can NRI’s buy Sandhya Spinning Mill unlisted shares?

Yes, NRI’s can also buy and sell Sandhya Spinning Mill unlisted shares just like
domestic investors. But their investment is on a non-repatriable basis.