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Sambandam Spinning Mills Ltd

REGD. Office TIN No.: 3346 2420619 MILLS AT: (Unit I ) –


P.B.No:1, Kamaraj Nagar Colony, CST RC. No. 323196 dt. 3-7-73 Ayeepalayam, Athanur, SALEM -
SALEM - 636 014, TamilNadu, INDIA IEC.No.: 3290000893 636 301, Rasipuram Taluk
Phone: 8220012661 Namakkal District.
Fax: (427) 2240169 (Unit III) -
Email: info@sambandam.com 60/1A, Sendryanpalyam Piruvu
Road, Kavarakala
Seshanchavadi (P.O),Salem

Profile of Sambandam Spinning Mills Ltd


Sambandam Spinning Mills Limited was incorporated as a private
limited Company on 7th Nov. 1973 under The Companies Act, 1956. The word "Private" was deleted
under the provisions of Section 43A (2) of the Act with effect from 1st July, 1989 when it became a
deemed public limited company. The Company became full fledged Public Company with effect
from 17th June, 1994.
The Company has two units situated at Salem and Ayeepalayam. The
Unit at Salem (Unit I) was started in 1974 and is now having a spindleage of 25,220 spindles. The
Unit commenced commercial production in May, 1974 with an installed capacity of 3,300 spindles.
The spindleage was gradually expanded in stages to 15000 between the years 1974 and 1980.
The expansion was financed by way of Term Loans from Financial
Institutions to the tune of Rs.39 lakhs, Deferred Payment Guarantees of Rs.257.24 Lakhs from
Tamilnadu Industrial Investment Corporation (TIIC) and State Bank of India (SBI). Further
expansion programmes were undertaken between 1980 and 1988 to increase the spindleage from
15,000 to 25,220.
The capacity increase was financed by way of term loans from
SIPCOT, and also internal accruals. The second unit at Ayeepalayam, Athanur in Salem District
(Unit II) was started in 1990 with an installed capacity of 5,760 spindles at a cost of Rs.335 Lakhs.
The capacity was expanded to 12480 spindles in 1993 at a cost of Rs.565 Lakhs. Both the above
projects were financed by way of term loans from IFCI and also internal accruals.
At present the Company has a combined aggregate installed Capacity
of 37700 Spindles. The Company has a sound track record of productivity and profitability, and has
been producing high quality yarn for the domestic market.
The Company has also been regular in modernising its unit and at
present almost all the machines at its existing Units are fully modernised. The Company's product
range includes cotton carded and combed yarn in the count range from 20s to 100s.
The company's products are well received in the local and international markets.
In spite of the political scenario in the Country during 1996-97 being
full of uncertainties, the industrial production was not in any way hindered. But the textile industry
with the prices of cotton ruling very high and those of yarn remaining unremunerative during most
part of the year went through a trying period. The situation eased up only during the last quarter of
the year

 Ventured in 1973, by M/s. S.P.Sambandam, S.P.Ratnam and S.P.Rajendran with 2000


spindles.
 Now a synergy of 5 mills with 1,10,000 spindlage capacity
 Produces only 100% cotton yarn
 Quality classified under 5-10% Uster international Standards
 Striding length & breadth of Indian / World Yarn Market
 100% own power generating capacity
 Productivity ranking within top ten mills in India
 12 Million Kilos of 100% Cotton yarn production per annum
 ISO 9001:2000 certfied

Product Spectrum

 From 20s to 100s


 100% Cotton Autoconed / siro cleared
 Single / multi Ply Yarn
 Carded / Combed Weaving & Knitting Yarns
 Ring Doubled wet spliced / TFO Yarns
 Value Added Products : Gassed Yarn / Compact Yarn / Slub Yarn

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