Bansal Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.64 Cr
- Company Age 27 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 371.45 Cr
- Satisfied Charges ₹ 116.05 Cr
- Revenue Growth 6.41%
- Profit Growth 25.91%
- Ebitda 30.25%
- Net Worth 4.87%
- Total Assets -11.05%
About Bansal Spinning Mills
Bansal Spinning Mills Private Limited (BSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 1998 and has a history of 27 years and one month. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Bansal Spinning Mills Limited. 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 3.00 Cr and a paid-up capital of Rs 2.64 Cr.
The company currently has active open charges totaling ₹371.45 Cr. The company has closed loans amounting to ₹116.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satpal Bansal, Chintan Bansal, and Isha Bansal serve as directors at the Company.
Company Details
-
Location
Ludhiana, Punjab, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U17115PB1998PTC020944
-
Company No.
020944
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
13 Jan 1998
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Bansal Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satpal Bansal
|
Managing Director | 13-Jan-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Chintan Bansal
|
Whole-Time Director | 25-Jan-2013 | Current |
|
Isha Bansal
|
Director | 24-Aug-2022 | Current |
Financial Performance of Bansal Spinning Mills.
Bansal Spinning Mills Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 6.41% increase. The company also saw a substantial improvement in profitability, with a 25.91% increase in profit. The company's net worth moved up by a moderate rise of 4.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Bansal Spinning Mills?
In 2024, Bansal Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Almante Private LimitedIsha Bansal is a mutual person
Charges (Loans)
₹371.45 Cr
₹116.05 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 176.39 Cr
- Sbicap Trustee Company Limited : 171.66 Cr
- Others : 16.00 Cr
- Hdfc Bank Limited : 6.90 Cr
- Axis Bank Limited : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Sbicap Trustee Company Limited | ₹171.66 Cr | Open |
| 19 Jul 2024 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 27 Jun 2024 | Others | ₹7.00 Cr | Open |
| 30 Oct 2023 | Hdfc Bank Limited | ₹1.90 Cr | Open |
| 02 Feb 2023 | Others | ₹9.00 Cr | Open |
How Many Employees Work at Bansal Spinning Mills?
Bansal Spinning Mills has a workforce of 204 employees as of Jan 08, 2025. 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 Bansal Spinning Mills, 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 Bansal Spinning Mills'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.
