Mack Springs Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 44 Year, 2 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 two 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
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.
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
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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)
₹19.60 Cr
₹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.