Castle Spinners Private Limited

Textile company specializing in yarn manufacturing and cloth trading.

2010 | Ludhiana, Punjab (India) | Active
Last Updated: December 16, 2024

Castle Spinners Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.02 Cr
  • Company Age 15 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 36.25%
  • Profit Growth 103.87%
  • Ebitda 47.44%
  • Net Worth 7.49%
  • Total Assets 7.72%

About Castle Spinners

Castle Spinners Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 February 2010 and has a history of 15 years. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Fashion And Textile 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 1.50 Cr and a paid-up capital of Rs 1.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tilak Jain and Raman Jain 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

    U17299PB2010PTC033578

  • Company No.

    033578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile
Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Tilak Jain Country flag representing In Managing Director08-Feb-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Raman Jain Country flag representing In Whole-Time Director 23-Dec-2011Current

Financial Performance of Castle Spinners.

Castle Spinners Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.25% increase. The company also saw a substantial improvement in profitability, with a 103.87% increase in profit. The company's net worth moved up by a moderate rise of 7.49%.

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
36.25%
Revenue from Operations
36.64%
Total Assets
7.72%
Profit or Loss
103.87%
Net Worth
7.49%
EBITDA
47.44%

What is the Ownership and Shareholding Structure of Castle Spinners?

In 2022, Castle Spinners 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Castle Spinners?

Castle Spinners has a workforce of 15 employees as of Mar 31, 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 Castle 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 Castle 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 Castle Spinners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Raman Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Dec 2011 & has been associated with this company since 13 years 2 months .

    23 Dec 2011

  • Director Appointment

    Tilak Raj Jain was appointed as a Managing Director was appointed as a Managing Director on 08 Feb 2010 & has been associated with this company since 15 years 14 days .

    08 Feb 2010

  • Company Incorporation

    Castle Spinners Private Limited was registered on 08 Feb 2010 with Roc Chandigarh & aged 15 years 14 days as per MCA records.

    08 Feb 2010

Frequently asked questions

  • Castle Spinners Private Limited was incorporated on 08 Feb 2010.

  • The authorized share capital of Castle Spinners Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.02 Cr.

  • Currently 2 directors are associated with Castle Spinners Private Limited.

    • Tilak Raj Jain
    • Raman Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Castle Spinners Private Limited is C/O. Rishab Threads Private Limited. Lakhowal Road Kohara, India, Ludhiana, Punjab, 141112.

  • The corporate identification number (CIN) of Castle Spinners Private Limited is U17299PB2010PTC033578 and the company number is 033578 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Castle Spinners Private Limited has risen by 36.25%.

  • As Per 2022 financial reports, 15 employees are currently employed by Castle Spinners Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Castle Spinners Private Limited has experienced an upsurge of 7.49%.

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

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