J.Korin Spinning Private Limited

Manufacturer of polyester Mono-Filament Yarn (MFY) with advanced machinery from Korea and Japan.

2008 | Surat, Gujarat (India) | Active
Last Updated:

J.Korin Spinning Profile

Key Indicators

  • Authorised Capital ₹ 6.90 Cr
  • Paid Up Capital ₹ 6.82 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 124.88 Cr
  • Satisfied Charges ₹ 62.56 Cr
  • Revenue Growth 20.91%
  • Profit Growth -37.81%
  • Ebitda 13.39%
  • Net Worth 5.38%
  • Total Assets 13.19%

About J.Korin Spinning

J.Korin Spinning Private Limited (JSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2008 and has a history of 17 years and two months. Its registered office is in Surat, Gujarat, 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 6.90 Cr and a paid-up capital of Rs 6.82 Cr.

The company currently has active open charges totaling ₹124.88 Cr. The company has closed loans amounting to ₹62.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kyokee Lee, Rajesh Gupta, Himanshu Jariwala, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110GJ2008PTC053063

  • Company No.

    053063

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does J.Korin Spinning Private Limited offer?

J.Korin Spinning Private Limited offers a wide range of products and services, including Yarns & Threads, Filament Yarn, Natural Fiber Yarns, Yarn, Polyester Yarn, Polyester Monofilament Yarn.

Company report

J.Korin Spinning Private Limited

Explore comprehensive data for J.Korin Spinning Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at J.Korin Spinning?

Board Members (4)

NameDesignationAppointment DateStatus
Kyokee Lee Country flag representing Kr Director 01-Jun-2008Current
Rajesh Gupta Country flag representing In Director 01-Jun-2008Current
Himanshu Jariwala Country flag representing In Director 27-Feb-2008Current
Jitendrakumar Arya Country flag representing In Director 27-Feb-2008Current

Financial Performance of J.Korin Spinning.

J.Korin Spinning Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.91% increase. The company also saw a substantial fall in profitability, with a 37.81% decrease in profit. The company's net worth moved up by a moderate rise of 5.38%.

J.Korin Spinning revenue growth over time
J.Korin Spinning 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
20.91%
Revenue from Operations
21.06%
Total Assets
13.19%
Profit or Loss
-37.81%
Net Worth
5.38%
EBITDA
13.39%

What is the Ownership and Shareholding Structure of J.Korin Spinning?

In 2023, J.Korin Spinning had a promoter holding of 73.14% and a public holding of 26.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.88 Cr

Satisfied Charges

₹62.56 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 94.50 Cr
  • Hdfc Bank Limited : 30.38 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2024Standard Chartered Bank₹20.50 CrOpen
30 Nov 2021Standard Chartered Bank₹8.00 CrOpen
29 Nov 2021Hdfc Bank Limited₹30.38 CrOpen
22 Sep 2021Standard Chartered Bank₹8.00 CrOpen
07 Sep 2017Standard Chartered Bank₹52.86 CrOpen

How Many Employees Work at J.Korin Spinning?

J.Korin Spinning has a workforce of 107 employees as of Mar 27, 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 J.Korin Spinning Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of J.Korin Spinning, 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 J.Korin Spinning'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 J.Korin Spinning

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.38 Cr registered on 29 Nov 2021 with Charge ID 100514677 was modified on 04 Jan 2025.

  • Charges

    A charge with Standard Chartered Bank of Rs. 52.86 Cr registered on 07 Sep 2017 with Charge ID 100128095 was modified on 04 Jan 2025.

  • Annual General Meeting

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

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 20.50 Cr with Charge ID 100934233 was registered on 03 Jun 2024.

  • Balance Sheet

    J.Korin Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Standard Chartered Bank of Rs. 5.15 Cr registered on 07 Sep 2017 with Charge ID 100128102 was modified on 15 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of J.Korin Spinning Private Limited?

    J.Korin Spinning Private Limited was incorporated on 27 Feb 2008.

  • What is authorized share capital and paid-up capital of J.Korin Spinning Private Limited?

    The authorized share capital of J.Korin Spinning Private Limited is ₹ 6.90 Cr and paid-up capital is ₹ 6.82 Cr.

  • Who are the current board members & directors of J.Korin Spinning Private Limited?

    Currently 4 directors are associated with J.Korin Spinning Private Limited.

    • Kyokee Lee
    • Rajesh Ramniwas Gupta
    • Himanshu Surendra Jariwala
    • Jitendrakumar Arya

  • What is the registered address of J.Korin Spinning Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of J.Korin Spinning Private Limited is Office No. 502 5Th Floor, Union Trade Centre Udhana Darawaja India, Surat, Gujarat, 395002.

  • What is the corporate identification number (CIN) and company number of J.Korin Spinning Private Limited?

    The corporate identification number (CIN) of J.Korin Spinning Private Limited is U74110GJ2008PTC053063 and the company number is 053063 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of J.Korin Spinning Private Limited?

    The Official website of J.Korin Spinning Private Limited is https://www.jkorin.com

  • What has been the recent revenue trend for J.Korin Spinning Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for J.Korin Spinning Private Limited has risen by 20.91%.

  • How many employees does J.Korin Spinning Private Limited currently have?

    As Per 2023 financial reports, 107 employees are currently employed by J.Korin Spinning Private Limited.

  • What change has been observed in the net worth of J.Korin Spinning Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of J.Korin Spinning Private Limited has experienced an upsurge of 5.38%.

  • What are the total open charges for J.Korin Spinning Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for J.Korin Spinning Private Limited amount to ₹ 124.88 Cr.

  • When was the last Balance Sheet of J.Korin Spinning Private Limited filed with the ROC?

    The most recent Balance Sheet for J.Korin Spinning Private Limited was filed with the ROC on 31 Mar 2024.

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