Durga Spintex India Private Limited

Textile company specializing in yarn manufacturing and processing, established in 2004.

2004 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Durga Spintex India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.79 Cr
  • Satisfied Charges ₹ 2.32 Cr
  • Revenue Growth -27.08%
  • Profit Growth -1052.77%
  • Ebitda -29.87%
  • Net Worth -7.50%
  • Total Assets -6.17%

About Durga Spintex India

Durga Spintex India Private Limited (DSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2004 and has a history of 20 years and seven months. Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹4.79 Cr. The company has closed loans amounting to ₹2.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narayanasamy Kanakadurga and Jayakumar Narayanasamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17112TZ2004PTC011205

  • Company No.

    011205

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Durga Spintex India?

Executive Team (1)

Name Designation Appointment Date Status
Jayakumar Narayanasamy Country flag representing In Managing Director 25-Jun-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Narayanasamy Kanakadurga Country flag representing In Director 25-Jun-2004 Current

Financial Performance of Durga Spintex India.

Durga Spintex India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.08% decrease. The company also saw a substantial fall in profitability, with a 1052.77% decrease in profit. The company's net worth dipped by a decrease of 7.5%.

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
-27.08%
Revenue from Operations
-27.23%
Total Assets
-6.17%
Profit or Loss
-1052.77%
Net Worth
-7.50%
EBITDA
-29.87%

What is the Ownership and Shareholding Structure of Durga Spintex India?

In 2023, Durga Spintex India 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

₹4.79 Cr

Satisfied Charges

₹2.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.79 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2014 Others ₹4.79 Cr Open
19 Nov 2004 Union Bank Of India ₹1.78 Cr Satisfied
19 Nov 2001 Union Bank Of India ₹5.44 M Satisfied

How Many Employees Work at Durga Spintex India?

Durga Spintex India has a workforce of 9 employees as of Apr 04, 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 Durga Spintex India, 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 Durga Spintex India'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 Durga Spintex India

Recent activity within the organization

  • Annual General Meeting

    Durga Spintex India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Durga Spintex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.79 Cr registered on 05 Dec 2014 with Charge ID 10539669 was modified on 31 Mar 2021.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 4.79 Cr with Charge ID 10539669 was registered on 05 Dec 2014.

    05 Dec 2014

  • Charges

    A charge registered on 19 Nov 2004 via Charge ID 90001742 with Union Bank Of India was fully satisfied on 14 Jul 2014.

    14 Jul 2014

  • Charges

    A charge registered on 19 Nov 2001 via Charge ID 90001263 with Union Bank Of India was fully satisfied on 14 Jul 2014.

    14 Jul 2014

Frequently asked questions

  • Durga Spintex India Private Limited was incorporated on 25 Jun 2004.

  • The authorized share capital of Durga Spintex India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Durga Spintex India Private Limited.

    • Narayanasamy Kanakadurga
    • Jayakumar Narayanasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Durga Spintex India Private Limited is No 6 Bn R Layout Singanallur India, Coimbatore, Tamil Nadu, 641005.

  • The corporate identification number (CIN) of Durga Spintex India Private Limited is U17112TZ2004PTC011205 and the company number is 011205 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Durga Spintex India Private Limited has fallen by -27.08%.

  • As Per 2023 financial reports, 9 employees are currently employed by Durga Spintex India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Durga Spintex India Private Limited has experienced an downturn of -7.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Durga Spintex India Private Limited amount to ₹ 4.79 Cr.

  • The most recent Balance Sheet for Durga Spintex India Private Limited was filed with the ROC on 31 Mar 2023.