Kinarivala Spinners Limited

Textile manufacturer and trader of synthetic spun yarn and blends. Established in 1994 in Ahmedabad, Gujarat.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Kinarivala Spinners Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.80 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.90 Cr
  • Satisfied Charges ₹ 7.85 Cr
  • Revenue Growth %
  • Profit Growth 64.93%
  • Ebitda 64.93%
  • Net Worth -0.02%
  • Total Assets -0.02%

About Kinarivala Spinners

Kinarivala Spinners Limited (KSL) is a Public Limited Indian Non-Government Company incorporated in India on 28 February 1994 and has a history of 31 years and two months. Its registered office is in Ahmedabad, 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 12.00 Cr and a paid-up capital of Rs 8.80 Cr.

The company currently has active open charges totaling ₹5.90 Cr. The company has closed loans amounting to ₹7.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradip Kinarivala, Prashant Kinarivala, and Kamal Raval serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1994PLC021416

  • Company No.

    021416

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Kinarivala Spinners Limited

Explore comprehensive data for Kinarivala Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Pradip Kinarivala Country flag representing In Director 28-Dec-1994Current
Prashant Kinarivala Country flag representing In Director 28-Dec-1994Current
Kamal Raval Country flag representing In Director 01-May-2006Current

Financial Performance of Kinarivala Spinners.

Kinarivala Spinners Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 64.93% increase in profit. The company's net worth dipped by a decrease of 0.02%.

Kinarivala Spinners revenue growth over time
Kinarivala Spinners 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
Revenue from Operations
Total Assets
-0.02%
Profit or Loss
64.93%
Net Worth
-0.02%
EBITDA
64.93%

What is the Ownership and Shareholding Structure of Kinarivala Spinners?

In 2022, Kinarivala Spinners had a promoter holding of 90.91% and a public holding of 9.08%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.90 Cr

Satisfied Charges

₹7.85 Cr

Charges Breakdown by Lending Institutions

  • Gujarat Industrial Investment Corporation Ltd : 4.54 Cr
  • Gujarat Industrial Investment Corp. Ltd : 1.36 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2001Gujarat Industrial Investment Corp. Ltd₹1.36 CrOpen
27 Sep 1996Gujarat Industrial Investment Corporation Ltd₹4.54 CrOpen
28 May 1998Kalupur Commercial Co-Op Bank Ltd₹1.50 CrSatisfied
25 Feb 1997Kalupur Commercial Co-Op Bank Ltd₹3.00 MSatisfied
05 Nov 1996The Kalupur Commercial Co-Op Bank Ltd₹4.50 CrSatisfied

How Many Employees Work at Kinarivala Spinners?

Unlock and access historical data on people associated with Kinarivala Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Kinarivala Spinners Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kinarivala 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 Kinarivala 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 Kinarivala Spinners

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Kinarivala Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 28 May 1998 via Charge ID 90098836 with Kalupur Commercial Co-Op Bank Ltd was fully satisfied on 01 Feb 2024.

  • Charges

    A charge registered on 25 Feb 1997 via Charge ID 90098554 with Kalupur Commercial Co-Op Bank Ltd was fully satisfied on 01 Feb 2024.

  • Charges

    A charge registered on 05 Nov 1996 via Charge ID 90098505 with The Kalupur Commercial Co-Op Bank Ltd was fully satisfied on 01 Feb 2024.

  • Charges

    A charge registered on 26 Mar 1996 via Charge ID 90098376 with Kalupur Commercial Co-Op Bank Ltd was fully satisfied on 01 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Kinarivala Spinners Limited?

    Kinarivala Spinners Limited was incorporated on 28 Feb 1994.

  • What is authorized share capital and paid-up capital of Kinarivala Spinners Limited?

    The authorized share capital of Kinarivala Spinners Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.80 Cr.

  • Who are the current board members & directors of Kinarivala Spinners Limited?

    Currently 3 directors are associated with Kinarivala Spinners Limited.

    • Pradip Jivanlal Kinarivala
    • Prashant Jivanlal Kinarivala
    • Kamal Vishnubhai Raval
  • What is the registered address of Kinarivala Spinners Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kinarivala Spinners Limited is L-1002, Sa India, Ahmedabad, Gujarat, 380004.

  • What is the corporate identification number (CIN) and company number of Kinarivala Spinners Limited?

    The corporate identification number (CIN) of Kinarivala Spinners Limited is U17119GJ1994PLC021416 and the company number is 021416 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Kinarivala Spinners Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Kinarivala Spinners Limited has experienced an downturn of -0.02%.

  • What are the total open charges for Kinarivala Spinners Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Kinarivala Spinners Limited amount to ₹ 5.90 Cr.

  • When was the last Balance Sheet of Kinarivala Spinners Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Textile & Fabric Production