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: January 01, 2025

Kinarivala Spinners Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.80 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.90 Cr
  • Satisfied Charges ₹ 7.85 Cr
  • Revenue Growth %
  • Profit Growth 41.00%
  • Ebitda 41.00%
  • Net Worth -0.01%
  • Total Assets -0.01%

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 30 years and 11 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

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 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 41% increase in profit. The company's net worth dipped by a decrease of 0.01%.

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
Revenue from Operations
Total Assets
-0.01%
Profit or Loss
41.00%
Net Worth
-0.01%
EBITDA
41.00%

What is the Ownership and Shareholding Structure of Kinarivala Spinners?

In 2016, Kinarivala Spinners had a promoter holding of 90.92% 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.

Graph showing employee growth trends

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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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.

    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.

    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.

    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.

    01 Feb 2024

Frequently asked questions

  • Kinarivala Spinners Limited was incorporated on 28 Feb 1994.

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

  • Currently 3 directors are associated with Kinarivala Spinners Limited.

    • Pradip Jivanlal Kinarivala
    • Prashant Jivanlal Kinarivala
    • Kamal Vishnubhai Raval
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kinarivala Spinners Limited is L-1002, Sa India, Ahmedabad, Gujarat, 380004.

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

  • The financial reports for the fiscal year 2020 indicates that The net worth of Kinarivala Spinners Limited has experienced an downturn of -0.01%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Kinarivala Spinners Limited amount to ₹ 5.90 Cr.

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

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