Kaur Sain Spinners Limited

Manufacturer of acrylic, polyester, and cotton yarn, knitted cloth, and CNC routers. Exports to China and Canada.

1997 | Ludhiana, Punjab (India) | Under Insolvency
Last Updated: January 16, 2025

Who are the key members and board of directors at Kaur Sain Spinners?

Board Members (3)

NameDesignationAppointment DateStatus
Arvind Singh Country flag representing In Whole-Time Director 11-May-2017Current
Pawan Kumar Country flag representing In Director 18-Sep-1997Current
Sanjay Mittal Country flag representing In Whole-Time Director 17-Jan-2011Current

Financial Performance of Kaur Sain Spinners.

Kaur Sain Spinners Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 324.67% increase. The company also saw a substantial improvement in profitability, with a 45.31% increase in profit. The company's net worth dipped by a decrease of 8.98%.

Graph illustrating revenue growth over time
Graph showing 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
324.67%
Revenue from Operations
445.43%
Total Assets
-7.40%
Profit or Loss
45.31%
Net Worth
-8.98%
EBITDA
-92.11%

Charges (Loans)

Open Charges

₹682.65 Cr

Satisfied Charges

₹139.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 261.55 Cr
  • Oriental Bank Of Commerce : 251.10 Cr
  • Obc : 147.00 Cr
  • Punjab National Bank : 20.00 Cr
  • Central Bank Of India : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2017Others₹116.75 CrOpen
05 Aug 2016Others₹4.80 CrOpen
20 May 2016Others₹140.00 CrOpen
23 Feb 2016Central Bank Of India₹3.00 CrOpen
09 Feb 2015Oriental Bank Of Commerce₹36.00 CrOpen

How Many Employees Work at Kaur Sain Spinners?

Kaur Sain Spinners has a workforce of 11 employees as of Mar 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kaur Sain Spinners, 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 Kaur Sain Spinners'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 Kaur Sain Spinners

Recent activity within the organization

  • Annual General Meeting

    Kaur Sain Spinners Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Kaur Sain Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Arvind Chauhan Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 May 2017 & has been associated with this company since 7 years 8 months .

    11 May 2017

  • Charges

    A charge with Others of Rs. 116.75 Cr registered on 27 Jan 2017 with Charge ID 100074018 was modified on 24 Apr 2017.

    24 Apr 2017

  • Charges

    A charge with Others of Rs. 140.00 Cr registered on 20 May 2016 with Charge ID 100033804 was modified on 06 Mar 2017.

    06 Mar 2017

  • Charges

    A charge with Others amounted to Rs. 116.75 Cr with Charge ID 100074018 was registered on 27 Jan 2017.

    27 Jan 2017

Frequently asked questions

  • Kaur Sain Spinners Limited was incorporated on 18 Sep 1997.

  • The authorized share capital of Kaur Sain Spinners Limited is ₹ 40.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Currently 3 directors are associated with Kaur Sain Spinners Limited.

    • Pawan Kumar
    • Sanjay Kumar Mittal
    • Arvind Chauhan Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kaur Sain Spinners Limited is Village Arrincha Gt Road Opposite Macdonalds, P.O. India, Doraha, Punjab, 141421.

  • The corporate identification number (CIN) of Kaur Sain Spinners Limited is U17115PB1997PLC020455 and the company number is 020455 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kaur Sain Spinners Limited has risen by 324.67%.

  • As Per 2023 financial reports, 11 employees are currently employed by Kaur Sain Spinners Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kaur Sain Spinners Limited has experienced an downturn of -8.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kaur Sain Spinners Limited amount to ₹ 682.65 Cr.

  • The most recent Balance Sheet for Kaur Sain Spinners Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production