M B S Spinning Mills Private Limited

Textile manufacturing company founded in 1990 in TIRUPPUR.

1994 | Salem, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

M B S Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.31 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.89 Cr
  • Revenue Growth 9.43%
  • Profit Growth 8.68%
  • Ebitda -113.17%
  • Net Worth 25.52%
  • Total Assets 19.42%

About M B S Spinning Mills

M B S Spinning Mills Private Limited (MBSSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 April 1994 and has a history of 30 years and nine months. Its registered office is in Salem, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.31 Cr.

The company has closed loans amounting to ₹2.89 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Govindan Prabhakaran and Prabhakaran Thennarasu serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005005

  • Company No.

    005005

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Home & Lifestyle

Who are the key members and board of directors at M B S Spinning Mills?

Board Members (2)

Name Designation Appointment Date Status
Govindan Prabhakaran Country flag representing In Director 06-Nov-2017 Current
Prabhakaran Thennarasu Country flag representing In Director 06-Nov-2017 Current

Financial Performance of M B S Spinning Mills.

M B S Spinning Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.43% increase. The company also saw a slight improvement in profitability, with a 8.68% increase in profit. The company's net worth Soared by an impressive increase of 25.52%.

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
9.43%
Revenue from Operations
Total Assets
19.42%
Profit or Loss
8.68%
Net Worth
25.52%
EBITDA
-113.17%

What is the Ownership and Shareholding Structure of M B S Spinning Mills?

In 2023, M B S Spinning Mills had a promoter holding of 52.86% and a public holding of 47.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.89 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 2.02 Cr
  • Karnataka Bank Limited : 0.70 Cr
  • The Karnataka Bank Limited : 0.15 Cr
  • The Karnataka Bank Ltd : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2015 Karnataka Bank Ltd. ₹5.00 M Satisfied
10 Feb 2012 Karnataka Bank Ltd. ₹2.00 M Satisfied
12 Sep 2011 Karnataka Bank Ltd. ₹1.15 M Satisfied
09 Nov 2010 The Karnataka Bank Ltd ₹0.28 M Satisfied
09 Feb 2010 Karnataka Bank Ltd. ₹1.00 M Satisfied

How Many Employees Work at M B S Spinning Mills?

M B S Spinning Mills has a workforce of 0 employees as of Apr 08, 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 M B S 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 M B S 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 M B S Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    M B S Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M B S Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 29 Oct 2015 via Charge ID 10600636 with Karnataka Bank Ltd. was fully satisfied on 27 Nov 2017.

    27 Nov 2017

  • Charges

    A charge registered on 22 Feb 1995 via Charge ID 90002721 with Karnataka Bank Ltd. was fully satisfied on 27 Nov 2017.

    27 Nov 2017

  • Director Appointment

    Govindan Prabhakaran was appointed as a Director was appointed as a Director on 06 Nov 2017 & has been associated with this company since 7 years 3 months .

    06 Nov 2017

  • Director Appointment

    Prabhakaran Thennarasu was appointed as a Director was appointed as a Director on 06 Nov 2017 & has been associated with this company since 7 years 3 months .

    06 Nov 2017

Frequently asked questions

  • M B S Spinning Mills Private Limited was incorporated on 18 Apr 1994.

  • The authorized share capital of M B S Spinning Mills Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.31 Cr.

  • Currently 2 directors are associated with M B S Spinning Mills Private Limited.

    • Govindan Prabhakaran
    • Prabhakaran Thennarasu
  • As per Ministry of Corporate Affairs (Mca), the registered address of M B S Spinning Mills Private Limited is D.No.1 Ramalingapuram Chinnagoundapuram, Salem, Tamil Nadu, India, 636106.

  • The corporate identification number (CIN) of M B S Spinning Mills Private Limited is U17111TZ1994PTC005005 and the company number is 005005 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for M B S Spinning Mills Private Limited has risen by 9.43%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M B S Spinning Mills Private Limited has experienced an upsurge of 25.52%.

  • The most recent Balance Sheet for M B S Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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