Chahal Spintex Profile
Key Indicators
- Authorised Capital ₹ 23.40 Cr
- Paid Up Capital ₹ 22.67 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 68.54 Cr
- Satisfied Charges ₹ 171.10 Cr
- Revenue Growth -22.24%
- Profit Growth -27.60%
- Ebitda -31.34%
- Net Worth 7.24%
- Total Assets 5.68%
About Chahal Spintex
Chahal Spintex Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 2007 and has a history of 17 years and ten months. Its registered office is in Bathinda, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 23.40 Cr and a paid-up capital of Rs 22.67 Cr.
The company currently has active open charges totaling ₹68.54 Cr. The company has closed loans amounting to ₹171.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Chahal Spintex Private Limited India are Mayank as COMPANY SECRETARY and Maninder Singh as Cfo. Sukhdev Singh, Tek Singh, and Gurtej Singh serve as directors at the Company.
Company Details
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Location
Bathinda, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17299PB2007PTC030992
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Company No.
030992
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Mar 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Chahal Spintex?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukhdev Singh
|
Managing Director | 21-Mar-2007 | Current |
|
Mayank
|
Company Secretary | 22-Mar-2024 | Current |
| Maninder Singh | CFO | 13-Apr-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Tek Singh
|
Director | 21-Mar-2007 | Current |
|
Gurtej Singh
|
Director | 21-Mar-2007 | Current |
Financial Performance of Chahal Spintex.
Chahal Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.24% decrease. The company also saw a substantial fall in profitability, with a 27.6% decrease in profit. The company's net worth moved up by a moderate rise of 7.24%.
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What is the Ownership and Shareholding Structure of Chahal Spintex?
In 2022, Chahal Spintex had a promoter holding of 30.53% and a public holding of 69.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹68.54 Cr
₹171.10 Cr
Charges Breakdown by Lending Institutions
- Others : 36.54 Cr
- State Bank Of India : 25.00 Cr
- Axis Bank Limited : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | State Bank Of India | ₹25.00 Cr | Open |
| 14 Feb 2023 | Axis Bank Limited | ₹7.00 Cr | Open |
| 06 Dec 2021 | Others | ₹2.47 Cr | Open |
| 15 May 2009 | Others | ₹34.07 Cr | Open |
| 11 Nov 2022 | State Bank Of India | ₹35.00 Cr | Satisfied |
How Many Employees Work at Chahal Spintex?
Chahal Spintex has a workforce of 55 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chahal 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 Chahal Spintex'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.
