Mack Springs Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 44 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.60 Cr
- Satisfied Charges ₹ 5.50 Cr
- Revenue Growth 18.03%
- Profit Growth 100.61%
- Ebitda 172.69%
- Net Worth 5.37%
- Total Assets 30.97%
About Mack Springs
Mack Springs Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 December 1980 and has a history of 44 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Automotive 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 1.50 Cr.
The company currently has active open charges totaling ₹19.60 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jasvindersingh Bhasin, Sukhvinder Bhasin, and Jasjeev Bhasin serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29290MH1980PTC023536
- Company No.
023536
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Dec 1980
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Mack Springs Private Limited offer?
Mack Springs Private Limited offers a wide range of products and services, including Suspension System & Components, Leaf Springs.
Mack Springs Private Limited
Explore comprehensive data for Mack Springs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mack Springs?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jasjeev Bhasin  | Director | 05-Jan-2017 | Current |
| Jasvindersingh Bhasin | Director | 01-Jun-1998 | Current |
| Sukhvinder Bhasin | Director | 01-Jun-1998 | Current |
Financial Performance of Mack Springs.
Mack Springs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.03% increase. The company also saw a substantial improvement in profitability, with a 100.61% increase in profit. The company's net worth moved up by a moderate rise of 5.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mack Springs?
In 2023, Mack Springs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bhasin Spring Industries Pvt LtdJasvindersingh Bhasin and Sukhvinder Bhasin are mutual person
- Eagle Suspension Pvt Ltd
Jasvindersingh Bhasin and Sukhvinder Bhasin are mutual person
Charges (Loans)
Open Charges
₹19.60 Cr
Satisfied Charges
₹5.50 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 17.65 Cr
- Others : 1.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2023 | Others | ₹4.50 M | Open |
| 21 Oct 2022 | Canara Bank | ₹7.50 M | Open |
| 21 Oct 2022 | Canara Bank | ₹7.50 M | Open |
| 13 Dec 2021 | Others | ₹1.50 Cr | Open |
| 04 Dec 2021 | Canara Bank | ₹4.90 M | Open |
How Many Employees Work at Mack Springs?
Mack Springs has a workforce of 52 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 Mack Springs, 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 Mack Springs'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.
Latest Updates, News, and FAQs on Mack Springs
Recent activity within the organization
- Annual General Meeting
Mack Springs Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100737677 was registered on 20 Jun 2023.
- Charges
A charge with Canara Bank of Rs. 12.21 Cr registered on 02 Jul 2015 with Charge ID 10584030 was modified on 06 Jun 2023.
- Balance Sheet
Mack Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Canara Bank amounted to Rs. 0.75 Cr with Charge ID 100642796 was registered on 21 Oct 2022.
- Charges
A charge with Canara Bank amounted to Rs. 0.75 Cr with Charge ID 100643082 was registered on 21 Oct 2022.
Frequently asked questions
What is the Incorporation or founding date of Mack Springs Private Limited?
Mack Springs Private Limited was incorporated on 06 Dec 1980.
What is authorized share capital and paid-up capital of Mack Springs Private Limited?
The authorized share capital of Mack Springs Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Mack Springs Private Limited?
Currently 3 directors are associated with Mack Springs Private Limited.
- Jasvindersingh Manmohansingh Bhasin
- Sukhvinder Singh Manmohansingh Bhasin
- Jasjeev Singh Bhasin
What is the registered address of Mack Springs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mack Springs Private Limited is 37 Barristernathpai Marg, Cotton Green India, Mumbai, Maharashtra, 400033.
What is the corporate identification number (CIN) and company number of Mack Springs Private Limited?
The corporate identification number (CIN) of Mack Springs Private Limited is U29290MH1980PTC023536 and the company number is 023536 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mack Springs Private Limited?
The Official website of Mack Springs Private Limited is https://www.macksprings.com
What has been the recent revenue trend for Mack Springs Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mack Springs Private Limited has risen by 18.03%.
How many employees does Mack Springs Private Limited currently have?
As Per 2023 financial reports, 52 employees are currently employed by Mack Springs Private Limited.
What change has been observed in the net worth of Mack Springs Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mack Springs Private Limited has experienced an upsurge of 5.37%.
What are the total open charges for Mack Springs Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mack Springs Private Limited amount to ₹ 19.60 Cr.
When was the last Balance Sheet of Mack Springs Private Limited filed with the ROC?
The most recent Balance Sheet for Mack Springs Private Limited was filed with the ROC on 31 Mar 2023.
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