J.Korin Spinning Profile
Key Indicators
- Authorised Capital ₹ 6.90 Cr
- Paid Up Capital ₹ 6.82 Cr
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 83.83 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 16 years and 11 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 2023. 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 ₹83.83 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at J.Korin Spinning?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kyokee Lee  | Director | 01-Jun-2008 | Current |
Rajesh Gupta  | Director | 01-Jun-2008 | Current |
| Himanshu Jariwala | Director | 27-Feb-2008 | Current |
| Jitendrakumar Arya | Director | 27-Feb-2008 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Tapti Valley Education FoundationJitendrakumar Arya is a mutual person
J.Korin Cocoon Manufacturing Private LimitedKyokee Lee, Himanshu Jariwala and 1 more are mutual person
J B Ecotex LimitedRajesh Gupta and Jitendrakumar Arya are mutual person
Korin Optoelectronics LlpHimanshu Jariwala is a mutual person
We Guard Advisory LlpRajesh Gupta is a mutual person
- Climate Connections Llp
Rajesh Gupta is a mutual person
Charges (Loans)
₹83.83 Cr
₹62.56 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 63.33 Cr
- Hdfc Bank Limited : 20.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2021 | Standard Chartered Bank | ₹8.00 Cr | Open |
| 29 Nov 2021 | Hdfc Bank Limited | ₹20.50 Cr | Open |
| 22 Sep 2021 | Standard Chartered Bank | ₹8.00 Cr | Open |
| 07 Sep 2017 | Standard Chartered Bank | ₹44.69 Cr | Open |
| 07 Sep 2017 | Standard Chartered Bank | ₹2.65 Cr | Open |
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.
Deals i
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
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.
