Balkrishna Spintex Private Limited

Produces cotton yarn for various industries.

2013 | Jamnagar, Gujarat (India) | Active
Last Updated: October 23, 2024

Balkrishna Spintex Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 18.00 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.21 Cr
  • Satisfied Charges ₹ 0.83 M
  • Revenue Growth -30.16%
  • Profit Growth -28.32%
  • Ebitda 37.68%
  • Net Worth 8.60%
  • Total Assets 21.99%

About Balkrishna Spintex

Balkrishna Spintex Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2013 and has a history of 11 years and four months. Its registered office is in Jamnagar, Gujarat, 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 18.00 Cr and a paid-up capital of Rs 18.00 Cr.

The company currently has active open charges totaling ₹70.21 Cr. The company has closed loans amounting to ₹0.83 M, as per Ministry of Corporate Affairs (MCA) records.

Arvindkumar Raichura, Girishkumar Raichura, Dipakkumar Raichura, and One other member serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2013PTC076910

  • Company No.

    076910

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Balkrishna Spintex Private Limited offer?

Balkrishna Spintex Private Limited offers a wide range of products and services, including Food Processing Plants & Machinery, Seed Processing Machinery, Oil Mill Machinery, Oil Mills.

Who are the key members and board of directors at Balkrishna Spintex?

Board Members (4)

Name Designation Appointment Date Status
Arvindkumar Raichura Country flag representing In Director 20-Sep-2013 Current
Girishkumar Raichura Country flag representing In Director 20-Sep-2013 Current
Dipakkumar Raichura Country flag representing In Director 20-Sep-2013 Current
Mitesh Kotecha Country flag representing In Director 08-Nov-2013 Current

Financial Performance of Balkrishna Spintex.

Balkrishna Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.16% decrease. The company also saw a substantial fall in profitability, with a 28.32% decrease in profit. The company's net worth moved up by a moderate rise of 8.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-30.16%
Revenue from Operations
-29.94%
Total Assets
21.99%
Profit or Loss
-28.32%
Net Worth
8.60%
EBITDA
37.68%

What is the Ownership and Shareholding Structure of Balkrishna Spintex?

In 2023, Balkrishna Spintex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.21 Cr

Satisfied Charges

₹0.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.21 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 2014 Others ₹70.21 Cr Open
23 Jan 2015 Bank Of Baroda ₹0.83 M Satisfied

How Many Employees Work at Balkrishna Spintex?

Balkrishna Spintex has a workforce of 12 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balkrishna Spintex, 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 Balkrishna Spintex's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Balkrishna Spintex

Recent activity within the organization

  • Annual General Meeting

    Balkrishna Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Balkrishna Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 70.21 Cr registered on 12 Dec 2014 with Charge ID 10535740 was modified on 16 Mar 2024.

    16 Mar 2024

  • Charges

    A charge registered on 23 Jan 2015 via Charge ID 10547524 with Bank Of Baroda was fully satisfied on 15 Jun 2020.

    15 Jun 2020

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.08 Cr with Charge ID 10547524 was registered on 23 Jan 2015.

    23 Jan 2015

  • Charges

    A charge with Others amounted to Rs. 70.21 Cr with Charge ID 10535740 was registered on 12 Dec 2014.

    12 Dec 2014

Frequently asked questions

  • Balkrishna Spintex Private Limited was incorporated on 20 Sep 2013.

  • The authorized share capital of Balkrishna Spintex Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 18.00 Cr.

  • Currently 4 directors are associated with Balkrishna Spintex Private Limited.

    • Arvindkumar Nathalal Raichura
    • Girishkumar Nathalal Raichura
    • Dipakkumar Nathalal Raichura
    • Mitesh Hasmukhbhai Kotecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balkrishna Spintex Private Limited is Survey No. 111 Rajkot Jamnagar Highway Opp. Hotel Sarvotam, Tal.: Dhrol India, Sanosara, Gujarat, 361210.

  • The corporate identification number (CIN) of Balkrishna Spintex Private Limited is U17120GJ2013PTC076910 and the company number is 076910 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Balkrishna Spintex Private Limited is https://www.balkrishnaspintex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balkrishna Spintex Private Limited has fallen by -30.16%.

  • As Per 2023 financial reports, 12 employees are currently employed by Balkrishna Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balkrishna Spintex Private Limited has experienced an upsurge of 8.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balkrishna Spintex Private Limited amount to ₹ 70.21 Cr.

  • The most recent Balance Sheet for Balkrishna Spintex Private Limited was filed with the ROC on 31 Mar 2024.

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