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
Kaur Sain Spinners Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 40.00 Cr
- Company Age 27 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 682.65 Cr
- Satisfied Charges ₹ 139.75 Cr
- Revenue Growth 324.67%
- Profit Growth 45.31%
- Ebitda -92.11%
- Net Worth -8.98%
- Total Assets -7.40%
About Kaur Sain Spinners
Kaur Sain Spinners Limited (KSSL) is Under Cirp company established on 18 Sep 1997 with its office registered at Ludhiana, Punjab, India and has been running since 27 Year, 7 Months with a paid up capital of 40.00 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17115PB1997PLC020455
- Company No.
020455
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Sep 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Kaur Sain Spinners Limited offer?
Kaur Sain Spinners Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn, Textile Yarn, Knitted Yarn, Polyester Yarn, Viscose Yarn, Polyester Textured Yarn, Crochet Cotton Yarn, Polyester Spun Yarn, Synthetic Yarn.
Kaur Sain Spinners Limited
Explore comprehensive data for Kaur Sain Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kaur Sain Spinners?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Singh  | Whole-Time Director | 11-May-2017 | Current |
| Pawan Kumar | Director | 18-Sep-1997 | Current |
| Sanjay Mittal | Whole-Time Director | 17-Jan-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kaur Sain Spinners?
In 2023, Kaur Sain Spinners had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kaur Sain Spinning And Weaving Mills LimitedPawan Kumar and Sanjay Mittal are mutual person
- Mittal Cotspin Limited
Pawan Kumar, Sanjay Mittal and 1 more are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2017 | Others | ₹116.75 Cr | Open |
| 05 Aug 2016 | Others | ₹4.80 Cr | Open |
| 20 May 2016 | Others | ₹140.00 Cr | Open |
| 23 Feb 2016 | Central Bank Of India | ₹3.00 Cr | Open |
| 09 Feb 2015 | Oriental Bank Of Commerce | ₹36.00 Cr | Open |
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.
Deals i
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
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.
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.
- Balance Sheet
Kaur Sain Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- 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 11 months .
- 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.
- 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.
- Charges
A charge with Others amounted to Rs. 116.75 Cr with Charge ID 100074018 was registered on 27 Jan 2017.
Frequently asked questions
What is the Incorporation or founding date of Kaur Sain Spinners Limited?
Kaur Sain Spinners Limited was incorporated on 18 Sep 1997.
What is authorized share capital and paid-up capital of Kaur Sain Spinners Limited?
The authorized share capital of Kaur Sain Spinners Limited is ₹ 40.00 Cr and paid-up capital is ₹ 40.00 Cr.
Who are the current board members & directors of Kaur Sain Spinners Limited?
Currently 3 directors are associated with Kaur Sain Spinners Limited.
- Pawan Kumar
- Sanjay Kumar Mittal
- Arvind Chauhan Singh
What is the registered address of Kaur Sain Spinners Limited?
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.
What is the corporate identification number (CIN) and company number of Kaur Sain Spinners Limited?
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).
What has been the recent revenue trend for Kaur Sain Spinners Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kaur Sain Spinners Limited has risen by 324.67%.
How many employees does Kaur Sain Spinners Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Kaur Sain Spinners Limited.
What change has been observed in the net worth of Kaur Sain Spinners Limited, and by what percentage?
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%.
What are the total open charges for Kaur Sain Spinners Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kaur Sain Spinners Limited amount to ₹ 682.65 Cr.
When was the last Balance Sheet of Kaur Sain Spinners Limited filed with the ROC?
The most recent Balance Sheet for Kaur Sain Spinners Limited was filed with the ROC on 31 Mar 2024.
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