What does Thanjavur Spinning Mill Limited do?

Thanjavur Spinning Mill Limited (TSML) is a cotton spinning company incorporated in 1961 and based in Tamil Nadu. It operates a modernized spinning unit at Thanjavur with an installed capacity of 50,160 spindles and 776 rotors. The company manufactures cotton yarn and related textile products, part of which is exported to overseas markets.

Where is the company located and what are its manufacturing facilities?

TSML's registered headquarters is in Rajapalayam, Tamil Nadu, while its spinning unit is located in Thanjavur, Tamil Nadu. The unit has a capacity of 50,160 spindles and 776 rotors, making it a mid-scale spinning operation by Indian standards.

Is this company listed on a stock exchange?

No, Thanjavur Spinning Mill Limited is an unlisted public company registered with the Registrar of Companies, Tamil Nadu. Its shares are not traded on NSE or BSE. It falls under the category of unlisted public limited companies in India.

How do I buy Thanjavur Spinning Mill unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Thanjavur Spinning Mill?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Thanjavur Spinning Mill shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Thanjavur Spinning Mill Unlisted Share Price | Buy Thanjavur Spinning Mill Pre-IPO Shares — wisefolio

Investment Thesis

Coimbatore/Tamil Nadu cotton yarn spinner (est. 1961) and a key unit in the Ramco Group's textile division. Operates 50,160 spindles and 776 rotors at Thanjavur producing OE yarn, TFO doubled and combed ring spun yarn. 60% of output exported to Korea, Hong Kong, Bangladesh, Sri Lanka and Spain. Part of a ₹6,000 Cr+ group with strong balance sheet backing. Operating margins expected at 11-11.5% in FY2025. Solid unlisted textile asset within a major South Indian conglomerate.

Pros

Part of Ramco Group (₹6,000 Cr+ conglomerate) — strong institutional backing
50,160 spindles + 776 rotors — modernised spinning unit at Thanjavur
60% revenue from exports — diversified currency earnings
Operating margins improving to 11-11.5% in FY2025
Established since 1961 with 60+ years of textile experience

Cons

Unlisted — no exchange price discovery
Textile sector exposed to cotton price and global demand cycles

Business Segments

Cotton yarn manufacturing — OE yarn, TFO doubled yarn, combed ring spun yarn

Export-oriented spinning (60% of capacity exported to Korea, Hong Kong, Bangladesh, Sri Lanka, Spain)

Revenue Model

TSML generates revenue through the sale of cotton yarn produced at its Thanjavur facility. Revenue is derived from both domestic textile mills and export customers. Pricing is linked to cotton fiber costs (input) and prevailing yarn market prices.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds9

Growth Plans

India's textile export push under PLI (Production Linked Incentive) scheme for man-made and technical textiles could benefit the broader sector

Global supply chain realignment favoring Indian textile manufacturers post-China+1 trends

Rotor spinning capacity (776 rotors) allows cost-competitive production of coarser yarns for mass-market applications

Industry Tailwinds

Recent Developments

Part of Ramco Group textile division with ~400,000 total spindles and ~$175M USD annual turnover

Operating margins projected at 11-11.5% in FY2025 on easing input costs

Export markets: Korea, Hong Kong, Bangladesh, Sri Lanka, Spain

Comparable Companies

CompanyTypeTickerMkt Cap

Vardhman TextilesPE: ~14xxListedVTL~9,000 Cr

Nahar Spinning MillsPE: ~8xxListedNAHARSPING~600 Cr

Rajasthan Spinning & Weaving MillsListedRAJSPINNING~150 Cr

Vardhman TextilesListed

VTL · ~9,000 Cr

Frequently Asked Questions

About Thanjavur Spinning Mill

Thanjavur Spinning Mill Limited is a Tamil Nadu-based public limited company incorporated in 1961, engaged in the spinning, weaving, and finishing of textiles. The company's registered office is located at Rajapalayam Mills Premises, P.A.C.Ramasamy Raja Salai, Rajapalayam — a prominent textile mill town in the Virudhunagar district of Tamil Nadu. The company email domain (tsml@ramcotex.com) and its address within the Rajapalayam Mills complex indicate an association with the P.A.C.Ramasamy Raja family group, also known as the Ramco Group — one of South India's most prominent industrial conglomerates with interests in cement (Ramco Cements), fibres (Ramco Industries), and textiles. The company is primarily engaged in spinning cotton yarn and textile manufacturing, serving domestic mills and fabric manufacturers. As part of or closely associated with the Rajapalayam industrial cluster — which has one of the highest concentrations of textile spinning mills in India — Thanjavur Spinning Mill benefits from the established infrastructure, labour pool, and raw cotton procurement networks of this region. Key directors include Poosapadi A Sankar Raja Krishnama Raja, Poosapadi Jagadeeswara Raja Ramkumar Raj, and Kanthimathinathan Subramanian — the Poosapadi surname and the Rajapalayam address suggest deep ties to the region's prominent textile mill families. The company's last Annual General Meeting was held on 25 August 2021 with the balance sheet filed for the year ending March 2021, suggesting some lag in recent filings. The company is currently classified as Active under MCA records. Thanjavur Spinning Mill operates in the highly competitive cotton yarn spinning sector of Tamil Nadu, which is home to hundreds of spinning mills. While specific revenue figures are not available in public databases, the company's capital structure and Rajapalayam location suggest it is a mid-scale spinning mill serving domestic textile value chain participants.

Key Milestones

1961 — Incorporated; formerly known as Thanjavur Textiles Limited

Common questions about unlisted shares

How do I buy Thanjavur Spinning Mill unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Thanjavur Spinning Mill Limited

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