Baba Spinners Profile
Key Indicators
- Authorised Capital ₹ 6.70 Cr
- Paid Up Capital ₹ 6.66 Cr
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 313.01 Cr
- Satisfied Charges ₹ 5.10 Cr
- Revenue Growth 59.47%
- Profit Growth 279.98%
- Ebitda 54.80%
- Net Worth 30.74%
- Total Assets -4.67%
About Baba Spinners
Baba Spinners Limited (BSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 January 1997 and has a history of 28 years and one month. Its registered office is in Bhilwara, Rajasthan, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.70 Cr and a paid-up capital of Rs 6.66 Cr.
The company currently has active open charges totaling ₹313.01 Cr. The company has closed loans amounting to ₹5.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Kumar, Sharad Agarwal, and Deepak Agrawal serve as directors at the Company.
Company Details
- Location
Bhilwara, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17115RJ1997PLC013089
- Company No.
013089
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Jan 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
What products or services does Baba Spinners Limited offer?
Baba Spinners Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Apparel Fabrics & Clothing Textiles, Fabric.
Who are the key members and board of directors at Baba Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Kumar  | Managing Director | 01-Oct-1997 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sharad Agarwal | Whole-Time Director | 01-Nov-1999 | Current |
| Deepak Agrawal | Whole-Time Director | 01-Nov-1999 | Current |
Financial Performance of Baba Spinners.
Baba Spinners Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.47% increase. The company also saw a substantial improvement in profitability, with a 279.98% increase in profit. The company's net worth Soared by an impressive increase of 30.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Baba Spinners?
In 2022, Baba Spinners had a promoter holding of 83.72% and a public holding of 16.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹313.01 Cr
₹5.10 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 311.58 Cr
- Hdfc Bank Limited : 1.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 May 2024 | Hdfc Bank Limited | ₹1.64 M | Open |
| 04 Jan 2023 | State Bank Of India | ₹142.50 Cr | Open |
| 27 Dec 2022 | Hdfc Bank Limited | ₹5.20 M | Open |
| 30 Nov 2022 | Hdfc Bank Limited | ₹5.20 M | Open |
| 06 Jun 2022 | Hdfc Bank Limited | ₹2.30 M | Open |
How Many Employees Work at Baba Spinners?
Baba Spinners has a workforce of 787 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Baba Spinners, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Baba Spinners's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
