Indian Yarn Limited

Manufacturer of synthetic yarns with 22,000 spindles and capacity for 20 MT polyester yarn per day.

1991 | Mohali, Punjab (India) | Active
Last Updated:

Indian Yarn Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.84 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 218.68 Cr
  • Revenue Growth 231.06%
  • Profit Growth -141.64%
  • Ebitda 145.10%
  • Net Worth 47.03%
  • Total Assets -4.87%

About Indian Yarn

Indian Yarn Limited (IYL) is a Public Limited Indian Non-Government Company incorporated in India on 09 August 1991 and has a history of 33 years and six months. Its registered office is in Mohali, 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 15.00 Cr and a paid-up capital of Rs 14.84 Cr.

The company has closed loans amounting to ₹218.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indian Yarn Limited India is Raspal Singh as CFO. Manoj Kumar, Surjit Singh, and Kishan Bhatt serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111PB1991PLC023217

  • Company No.

    023217

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Indian Yarn?

Executive Team (1)

NameDesignationAppointment DateStatus
Raspal Singh CFO27-Dec-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Manoj Kumar Country flag representing In Director 15-May-2019Current
Surjit Singh Country flag representing In Director 20-Jul-2015Current
Kishan Bhatt Country flag representing In Whole-Time Director 03-Apr-2019Current

Financial Performance of Indian Yarn.

Indian Yarn Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 231.06% increase. The company also saw a substantial fall in profitability, with a 141.64% decrease in profit. The company's net worth Soared by an impressive increase of 47.03%.

Indian Yarn revenue growth over time
Indian Yarn 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
231.06%
Revenue from Operations
Total Assets
-4.87%
Profit or Loss
-141.64%
Net Worth
47.03%
EBITDA
145.10%

What is the Ownership and Shareholding Structure of Indian Yarn?

In 2019, Indian Yarn had a public 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

₹0

Satisfied Charges

₹218.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 142.90 Cr
  • Punjab National Bank : 62.38 Cr
  • Punjab Natioanl Bank : 8.40 Cr
  • Centurion Bank Of Punjab Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2015Punjab National Bank₹46.14 CrSatisfied
10 Sep 2013Others₹37.36 CrSatisfied
24 Jun 2010Others₹5.60 CrSatisfied
11 May 2010Punjab Natioanl Bank₹8.40 CrSatisfied
01 Jan 2008Others₹6.68 CrSatisfied

How Many Employees Work at Indian Yarn?

Indian Yarn has a workforce of 0 employees as of Apr 06, 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.

Employee growth trends for Indian Yarn Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Yarn, 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 Indian Yarn'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 Indian Yarn

Recent activity within the organization

  • Annual General Meeting

    Indian Yarn Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Indian Yarn Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Raspal Singh was appointed as a Cfo was appointed as a Cfo on 27 Dec 2022 & has been associated with this company since 2 years 2 months .

  • Charges

    A charge registered on 24 Jun 2010 via Charge ID 10228136 with Others was fully satisfied on 26 Sep 2022.

  • Charges

    A charge registered on 01 Jan 2008 via Charge ID 10088550 with Others was fully satisfied on 26 Sep 2022.

  • Charges

    A charge registered on 03 Nov 2007 via Charge ID 10082071 with Others was fully satisfied on 26 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Indian Yarn Limited?

    Indian Yarn Limited was incorporated on 09 Aug 1991.

  • What is authorized share capital and paid-up capital of Indian Yarn Limited?

    The authorized share capital of Indian Yarn Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.84 Cr.

  • Who are the current board members & directors of Indian Yarn Limited?

    Currently 4 directors are associated with Indian Yarn Limited.

    • Manoj Kumar
    • Surjit Singh
    • Kishan Parshad Bhatt
    • Raspal Singh

  • What is the registered address of Indian Yarn Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indian Yarn Limited is Village Himanyunpur 14 Km Lalru Handesra Road Post Office Lalru, Distt. Sas Nagar India, Mohali, Punjab, 140501.

  • What is the corporate identification number (CIN) and company number of Indian Yarn Limited?

    The corporate identification number (CIN) of Indian Yarn Limited is U17111PB1991PLC023217 and the company number is 023217 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Indian Yarn Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Indian Yarn Limited has risen by 231.06%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Indian Yarn Limited has experienced an upsurge of 47.03%.

  • When was the last Balance Sheet of Indian Yarn Limited filed with the ROC?

    The most recent Balance Sheet for Indian Yarn Limited was filed with the ROC on 31 Mar 2023.

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