Bright Spinners Private Limited

Establishes a spinning mill for manufacturing and selling yarn from waste and short staple cotton.

1972 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Bright Spinners Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.94 Cr
  • Company Age 52 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.90 Cr
  • Revenue Growth 3.70%
  • Profit Growth -72.04%
  • Ebitda -261.78%
  • Net Worth 2.23%
  • Total Assets -14.95%

About Bright Spinners

Bright Spinners Private Limited (BSPL) was founded in India on 13 September 1972 and has a glorious history of 52 years and seven months.Its registered office is in Madurai, Tamil Nadu, 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 2.00 Cr and a paid-up capital of Rs 1.94 Cr.

The company has closed loans amounting to ₹7.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nambur Raja and Padma Raja serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1972PTC006216

  • Company No.

    006216

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 1972

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Company report

Bright Spinners Private Limited

Explore comprehensive data for Bright Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bright Spinners?

Executive Team (1)

NameDesignationAppointment DateStatus
Nambur Raja Country flag representing In Managing Director27-Sep-1995Current

Board Members (1)

NameDesignationAppointment DateStatus
Padma Raja Country flag representing In Whole-Time Director 25-Mar-2021Current

Financial Performance of Bright Spinners.

Bright Spinners Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.7% increase. The company also saw a substantial fall in profitability, with a 72.04% decrease in profit. The company's net worth moved up by a moderate rise of 2.23%.

Bright Spinners revenue growth over time
Bright Spinners 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
3.70%
Revenue from Operations
Total Assets
-14.95%
Profit or Loss
-72.04%
Net Worth
2.23%
EBITDA
-261.78%

What is the Ownership and Shareholding Structure of Bright Spinners?

In 2019, Bright Spinners had a promoter holding of 73.07% and a public holding of 26.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹7.90 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 3.45 Cr
  • Phoenix Arc Private Limited : 2.43 Cr
  • State Industreis Promotion Corpn. Of Tamilnadu Limited : 2.01 Cr
  • Industries Commissioner & Dir. Of Indust. & Commerce : 0.01 Cr
  • Industries Commi8Ssioner & Dir. Of Indust. & Commerce : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2006Phoenix Arc Private Limited₹2.43 CrSatisfied
31 Mar 2004Indian Bank₹6.44 MSatisfied
09 Mar 2000Indian Bank₹2.00 CrSatisfied
09 Mar 2000Indian Bank₹2.50 MSatisfied
30 Sep 1994State Industreis Promotion Corpn. Of Tamilnadu Limited₹6.00 MSatisfied

How Many Employees Work at Bright Spinners?

Unlock and access historical data on people associated with Bright Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bright Spinners Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bright 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 Bright Spinners'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 Bright Spinners

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Bright Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 28 Dec 1988 via Charge ID 90296789 with Industries Commissioner & Dir. Of Indust. & Commerce was fully satisfied on 31 Mar 2021.

  • Director Appointment

    Padma Mala Raja was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Mar 2021 & has been associated with this company since 4 years 1 month .

  • Charges

    A charge registered on 31 Mar 2004 via Charge ID 90297192 with Indian Bank was fully satisfied on 17 Sep 2020.

  • Charges

    A charge registered on 09 Mar 2000 via Charge ID 90295589 with Indian Bank was fully satisfied on 17 Sep 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Bright Spinners Private Limited?

    Bright Spinners Private Limited was incorporated on 13 Sep 1972.

  • What is authorized share capital and paid-up capital of Bright Spinners Private Limited?

    The authorized share capital of Bright Spinners Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.94 Cr.

  • Who are the current board members & directors of Bright Spinners Private Limited?

    Currently 2 directors are associated with Bright Spinners Private Limited.

    • Nambur K Gopalakrishna Raja Kondurama Raja
    • Padma Mala Raja

  • What is the registered address of Bright Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bright Spinners Private Limited is Bright Nagar, Tirupparan India, Tirupparan KundramMadurai-5., Tamil Nadu, 625005.

  • What is the corporate identification number (CIN) and company number of Bright Spinners Private Limited?

    The corporate identification number (CIN) of Bright Spinners Private Limited is U17111TN1972PTC006216 and the company number is 006216 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bright Spinners Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Bright Spinners Private Limited has risen by 3.70%.

  • What change has been observed in the net worth of Bright Spinners Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Bright Spinners Private Limited has experienced an upsurge of 2.23%.

  • When was the last Balance Sheet of Bright Spinners Private Limited filed with the ROC?

    The most recent Balance Sheet for Bright Spinners Private Limited was filed with the ROC on 31 Mar 2024.

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