Eastern Spinwell Limited

Produces and sells cotton yarn and other fibrous substances, including artificial silk and nylon.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Eastern Spinwell Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.84 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 486.47%
  • Profit Growth 15.36%
  • Ebitda 301.91%
  • Net Worth -28.59%
  • Total Assets 1.81%

About Eastern Spinwell

Eastern Spinwell Limited (ESL) is a Public Limited Indian Non-Government Company incorporated in India on 24 August 1994 and has a history of 30 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.84 Cr.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mathi Pandian, Ankit Agarwal, Suresh Agarwal, and One other member 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

    U45200TZ1994PLC005291

  • Company No.

    005291

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Eastern Spinwell?

Executive Team (1)

NameDesignationAppointment DateStatus
Suresh Agarwal Country flag representing In Managing Director22-Mar-1997Current

Board Members (3)

NameDesignationAppointment DateStatus
Ankit Agarwal Country flag representing In Director 25-Jan-2017Current
Mathi Pandian Country flag representing In Director 20-May-2024Current
Meenakshi Agarwal Country flag representing In Director 22-Mar-1997Current

Financial Performance of Eastern Spinwell.

Eastern Spinwell Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 486.47% increase. The company also saw a substantial improvement in profitability, with a 15.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.59%.

Eastern Spinwell revenue growth over time
Eastern Spinwell 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
486.47%
Revenue from Operations
Total Assets
1.81%
Profit or Loss
15.36%
Net Worth
-28.59%
EBITDA
301.91%

What is the Ownership and Shareholding Structure of Eastern Spinwell?

In 2019, Eastern Spinwell had a promoter holding of 42.03% and a public holding of 57.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2015Canara Bank₹1.00 CrOpen
26 Jul 2006Indian Overseas Bank₹1.50 CrSatisfied
19 Jun 1996Industrial Development Bank Of India₹0.00Satisfied

How Many Employees Work at Eastern Spinwell?

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

Employee growth trends for Eastern Spinwell Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eastern Spinwell, 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 Eastern Spinwell'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 Eastern Spinwell

Recent activity within the organization

  • Annual General Meeting

    Eastern Spinwell Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mathi Arasu Pandian was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 10 months 7 days .

  • Balance Sheet

    Eastern Spinwell Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Ankit Agarwal was appointed as a Director was appointed as a Director on 25 Jan 2017 & has been associated with this company since 8 years 2 months .

  • Charges

    A charge with Canara Bank of Rs. 1.00 Cr registered on 06 Jan 2015 with Charge ID 10554004 was modified on 08 Jan 2016.

  • Charges

    A charge with Canara Bank amounted to Rs. 1.00 Cr with Charge ID 10554004 was registered on 06 Jan 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Eastern Spinwell Limited?

    Eastern Spinwell Limited was incorporated on 24 Aug 1994.

  • What is authorized share capital and paid-up capital of Eastern Spinwell Limited?

    The authorized share capital of Eastern Spinwell Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.84 Cr.

  • Who are the current board members & directors of Eastern Spinwell Limited?

    Currently 4 directors are associated with Eastern Spinwell Limited.

    • Mathi Arasu Pandian
    • Ankit Agarwal
    • Suresh Kumar Agarwal
    • Meenakshi Agarwal

  • What is the registered address of Eastern Spinwell Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Spinwell Limited is Sf No 472/1A Pothiyampalayam Road Arasur Village India, Coimbatore, Tamil Nadu, 641407.

  • What is the corporate identification number (CIN) and company number of Eastern Spinwell Limited?

    The corporate identification number (CIN) of Eastern Spinwell Limited is U45200TZ1994PLC005291 and the company number is 005291 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Eastern Spinwell Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Eastern Spinwell Limited has risen by 486.47%.

  • What change has been observed in the net worth of Eastern Spinwell Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Eastern Spinwell Limited has experienced an downturn of -28.59%.

  • What are the total open charges for Eastern Spinwell Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Eastern Spinwell Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Eastern Spinwell Limited filed with the ROC?

    The most recent Balance Sheet for Eastern Spinwell Limited was filed with the ROC on 31 Mar 2024.

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