Mc Spinnings Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 15.00 Cr
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.00 Cr
- Satisfied Charges ₹ 63.25 Cr
- Revenue Growth -0.97%
- Profit Growth 27.77%
- Ebitda 41.98%
- Net Worth -47.04%
- Total Assets -3.30%
About Mc Spinnings
Mc Spinnings Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 May 2011 and has a history of 13 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as M C Spinners Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 15.00 Cr.
The company currently has active open charges totaling ₹9.00 Cr. The company has closed loans amounting to ₹63.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mc Spinnings Private Limited India is Satyabrata Baral as COMPANY SECRETARY. Carthic, Ramasamy Doraiswamy, Chinna Subramaniam, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ2011PTC017114
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Company No.
017114
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 May 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Mc Spinnings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satyabrata Baral | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Carthic
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Director | 27-May-2011 | Current |
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Ramasamy Doraiswamy
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Director | 27-May-2011 | Current |
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Chinna Subramaniam
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Director | 27-May-2011 | Current |
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Shanmugam Sivaraman
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Director | 19-Oct-2011 | Current |
Financial Performance of Mc Spinnings.
Mc Spinnings Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.97% decrease. The company also saw a substantial improvement in profitability, with a 27.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 47.04%.
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What is the Ownership and Shareholding Structure of Mc Spinnings?
In 2023, Mc Spinnings had a promoter holding of 12.89% and a public holding of 87.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mehala Carona Textiles Private LimitedChinna Subramaniam is a mutual person
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Arun Textiles Private LimitedCarthic is a mutual person
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Thaai Casting LimitedSatyabrata Baral is a mutual person
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Arunkarthik Textiles Private LimitedCarthic is a mutual person
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Cotton Sourcing Company Limited
Chinna Subramaniam is a mutual person
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Mehala Technologies India Private Limited
Chinna Subramaniam is a mutual person
Charges (Loans)
₹9.00 Cr
₹63.25 Cr
Charges Breakdown by Lending Institutions
- Others : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2022 | Others | ₹9.00 Cr | Open |
| 20 Dec 2017 | Others | ₹11.00 Cr | Satisfied |
| 19 Oct 2011 | State Bank Of India | ₹52.25 Cr | Satisfied |
How Many Employees Work at Mc Spinnings?
Mc Spinnings has a workforce of 125 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mc Spinnings, 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 Mc Spinnings's trajectory.
Rating
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
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.
