Ksm Spinning Mills Limited

Ksm Spinning Mills Limited

Manufactures cotton and polyester yarn for hosiery and knitting units, with export capabilities.
2004 | Ludhiana, Punjab (India) | Under Insolvency

Last Updated:

May 04, 2024
HomeCompanyKsm Spinning Mills Limited

Who are the key members and board of directors at Ksm Spinning Mills?

Board Members(3)

NameDesignationAppointment DateStatus
Lovelish Mittal In Whole-Time Director 13-Feb-2010Current
Vipan Kumar In Director 28-Sep-2004Current
Sarish Mittal In Whole-Time Director 13-Feb-2010Current

Financial Performance of Ksm Spinning Mills.

Ksm Spinning Mills Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 75.51% decrease. The company also saw a substantial fall in profitability, with a 1638.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 75.83%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-75.51%
Revenue from Operations
-75.51%
Total Assets
-29.49%
Profit or Loss
-1638.64%
Net Worth
-75.83%
EBITDA
-292.42%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹244.84 Cr

₹92.45 Cr

LenderAmountStatus

Corporation Bank

Creation Date: 14 Mar 2015
₹7.50 CrOpen

Bank Of India

Creation Date: 13 Aug 2014
₹15.00 CrOpen

Idbi Bank Limited

Creation Date: 16 Jul 2014
₹5.00 CrOpen

How Many Employees Work at Ksm Spinning Mills?

Ksm Spinning Mills has a workforce of 106 employees as of Apr 09, 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.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Ksm Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 7.50 Cr registered on 10 Dec 2010 with Charge ID 10262276 was modified on 29 May 2018.

    29 May 2018

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 02 Feb 2010 with Charge ID 10200806 was modified on 29 May 2018.

    29 May 2018

  • Charges

    A charge with Others of Rs. 90.22 Cr registered on 26 Oct 2006 with Charge ID 10028892 was modified on 29 May 2018.

    29 May 2018

  • Charges

    A charge with Others of Rs. 7.12 Cr registered on 16 Sep 2005 with Charge ID 80066171 was modified on 29 May 2018.

    29 May 2018

  • Annual General Meeting

    Ksm Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Ksm Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh.

    31 Mar 2016

Frequently asked questions

  • Ksm Spinning Mills Limited was incorporated on 28 Sep 2004.

  • The authorized share capital of Ksm Spinning Mills Limited is ₹ 65.00 Cr and paid-up capital is ₹ 61.76 Cr.

  • Currently 3 directors are associated with Ksm Spinning Mills Limited.

    • Vipan Kumar
    • Sarish Mittal
    • Lovelish Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ksm Spinning Mills Limited is 644 Aggar Nagar, B-Block, Ludhiana, Punjab, India, 141012.

  • The corporate identification number (CIN) of Ksm Spinning Mills Limited is U17111PB2004PLC027528 and the company number is 027528 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Ksm Spinning Mills Limited has fallen by -75.51%.

  • As Per 2016 financial reports, 106 employees are currently employed by Ksm Spinning Mills Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Ksm Spinning Mills Limited has experienced an downturn of -75.83%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Ksm Spinning Mills Limited amount to ₹ 244.84 Cr.

  • The most recent Balance Sheet for Ksm Spinning Mills Limited was filed with the ROC on 31 Mar 2016.

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