Bansal Spinning Mills Private Limited

Manufacturer of worsted woolen yarn, fabrics, blankets, and garments with in-house dyeing and processing facilities.

1998 | Ludhiana, Punjab (India) | Active
Last Updated:

Bansal Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.64 Cr
  • Company Age 27 Year, 2 Months
  • 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 two months. 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

Manufacturing
Company report

Bansal Spinning Mills Private Limited

Explore comprehensive data for Bansal Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bansal Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Satpal Bansal Country flag representing In Managing Director13-Jan-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Chintan Bansal Country flag representing In Whole-Time Director 25-Jan-2013Current
Isha Bansal Country flag representing In Director 24-Aug-2022Current

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%.

Bansal Spinning Mills revenue growth over time
Bansal Spinning Mills 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
6.41%
Revenue from Operations
6.51%
Total Assets
-11.05%
Profit or Loss
25.91%
Net Worth
4.87%
EBITDA
30.25%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹371.45 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
27 Aug 2024Sbicap Trustee Company Limited₹171.66 CrOpen
19 Jul 2024Hdfc Bank Limited₹5.00 CrOpen
27 Jun 2024Others₹7.00 CrOpen
30 Oct 2023Hdfc Bank Limited₹1.90 CrOpen
02 Feb 2023Others₹9.00 CrOpen

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.

Employee growth trends for Bansal Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

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 Bansal Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 171.66 Cr registered on 27 Aug 2024 with Charge ID 100975413 was modified on 10 Oct 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 171.66 Cr with Charge ID 100975413 was registered on 27 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100969535 was registered on 19 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100942077 was registered on 27 Jun 2024.

  • Balance Sheet

    Bansal Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

Frequently asked questions

  • What is the Incorporation or founding date of Bansal Spinning Mills Private Limited?

    Bansal Spinning Mills Private Limited was incorporated on 13 Jan 1998.

  • What is authorized share capital and paid-up capital of Bansal Spinning Mills Private Limited?

    The authorized share capital of Bansal Spinning Mills Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.64 Cr.

  • Who are the current board members & directors of Bansal Spinning Mills Private Limited?

    Currently 3 directors are associated with Bansal Spinning Mills Private Limited.

    • Satpal Bansal
    • Chintan Bansal
    • Isha Bansal

  • What is the registered address of Bansal Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Spinning Mills Private Limited is G.T. Road Village Bilga India, Sahnewal, Punjab, 141120.

  • What is the corporate identification number (CIN) and company number of Bansal Spinning Mills Private Limited?

    The corporate identification number (CIN) of Bansal Spinning Mills Private Limited is U17115PB1998PTC020944 and the company number is 020944 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bansal Spinning Mills Private Limited?

    The Official website of Bansal Spinning Mills Private Limited is https://www.bansalspinning.com

  • What has been the recent revenue trend for Bansal Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Bansal Spinning Mills Private Limited has risen by 6.41%.

  • How many employees does Bansal Spinning Mills Private Limited currently have?

    As Per 2024 financial reports, 204 employees are currently employed by Bansal Spinning Mills Private Limited.

  • What change has been observed in the net worth of Bansal Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Bansal Spinning Mills Private Limited has experienced an upsurge of 4.87%.

  • What are the total open charges for Bansal Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Bansal Spinning Mills Private Limited amount to ₹ 371.45 Cr.

  • When was the last Balance Sheet of Bansal Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Bansal Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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