Katare Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.85 Cr
- Company Age 44 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 20.11 Cr
- Revenue Growth -70.17%
- Profit Growth -119.09%
- Ebitda 84.78%
- Net Worth -4.48%
- Total Assets -4.31%
About Katare Spinning Mills
Katare Spinning Mills Limited (KSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 1980 and has a history of 44 years and six months. Its registered office is in Solapur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502933.
The Company is engaged in the Environment 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 6.00 Cr and a paid-up capital of Rs 2.85 Cr.
The company has closed loans amounting to ₹20.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Katare Spinning Mills Limited India are Kamal Katare as CFO and Bhagyashree Rawani as Company Secretary. Kishore Katare, Umakant Mahindrakar, Vidyavati Katare, and Two other members serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17119PN1980PLC022962
- Company No.
022962
- Stock Symbol
BSE : 502933
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Aug 1980
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Katare Spinning Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kishore Katare  | Managing Director | 08-Aug-1980 | Current |
| Kamal Katare | CFO | 11-Apr-2019 | Current |
| Bhagyashree Rawani | Company Secretary | 10-Nov-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umakant Mahindrakar | Director | 12-Aug-2006 | Current |
| Vidyavati Katare | Director | 28-Feb-2015 | Current |
| Prakash Joti | Director | 11-Apr-2019 | Current |
| Vilas Shendge | Director | 11-Apr-2019 | Current |
Financial Performance of Katare Spinning Mills.
Katare Spinning Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.17% decrease. The company also saw a substantial fall in profitability, with a 119.09% decrease in profit. The company's net worth dipped by a decrease of 4.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Katare Spinning Mills?
In 2022, Katare Spinning Mills had a promoter holding of 47.73% and a public holding of 52.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shree Kamala Sakhar Udyog LimitedKishore Katare and Vidyavati Katare are mutual person
- Kamal Marketing Pvt Ltd
Kishore Katare and Vidyavati Katare are mutual person
Charges (Loans)
₹0
₹20.11 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 15.11 Cr
- The Industrial Credit And Ivestment : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2013 | Bank Of India | ₹9.00 Cr | Satisfied |
| 30 Mar 2009 | Bank Of India | ₹6.11 Cr | Satisfied |
| 14 Aug 1997 | The Industrial Credit And Ivestment | ₹5.00 Cr | Satisfied |
How Many Employees Work at Katare Spinning Mills?
Katare Spinning Mills has a workforce of 41 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Katare Spinning Mills, 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 Katare Spinning Mills'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.
