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: January 16, 2025

Ksm Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 61.76 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 244.84 Cr
  • Satisfied Charges ₹ 92.45 Cr
  • Revenue Growth -75.51%
  • Profit Growth -1638.64%
  • Ebitda -292.42%
  • Net Worth -75.83%
  • Total Assets -29.49%

About Ksm Spinning Mills

Ksm Spinning Mills Limited (KSML) is Under Cirp company established on 28 Sep 2004 with its office registered at Ludhiana, Punjab, India and has been running since 20 Year, 4 Months with a paid up capital of 61.76 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

    U17111PB2004PLC027528

  • Company No.

    027528

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2004

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Lovelish Mittal Country flag representing In Whole-Time Director 13-Feb-2010Current
Vipan Kumar Country flag representing In Director 28-Sep-2004Current
Sarish Mittal Country flag representing 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%.

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
-75.51%
Revenue from Operations
-75.51%
Total Assets
-29.49%
Profit or Loss
-1638.64%
Net Worth
-75.83%
EBITDA
-292.42%

What is the Ownership and Shareholding Structure of Ksm Spinning Mills?

In 2016, Ksm Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹244.84 Cr

Satisfied Charges

₹92.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 114.84 Cr
  • Punjab National Bank : 35.00 Cr
  • Central Bank Of India : 25.50 Cr
  • Bank Of Baroda : 24.00 Cr
  • Punjab & Sind Bank : 15.00 Cr
  • Others : 30.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2015Corporation Bank₹7.50 CrOpen
13 Aug 2014Bank Of India₹15.00 CrOpen
16 Jul 2014Idbi Bank Limited₹5.00 CrOpen
26 Jun 2014Punjab National Bank₹10.00 CrOpen
26 Jun 2014Punjab National Bank₹25.00 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ksm Spinning Mills, 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 Ksm Spinning Mills'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 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 India, Ludhiana, Punjab, 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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