Manipal Springs Limited

Processes and trades automobile spring leaf.

1984 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: December 06, 2024

Manipal Springs Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.48 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -65.47%
  • Profit Growth -59.69%
  • Ebitda -3243.66%
  • Net Worth 0.99%
  • Total Assets -7.82%

About Manipal Springs

Manipal Springs Limited (MSL) is a Public Limited Indian Non-Government Company incorporated in India on 22 March 1984 and has a history of 40 years and 11 months. Its registered office is in Dakshina Kannada, Karnataka, India.

The Corporate was formerly known as Mangalore Steels & Alloys Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subbarame Gowda, Katpady Kini, and Jagadish Kudva serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    manipal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309KA1984PLC005964

  • Company No.

    005964

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Manipal Springs?

Board Members (3)

NameDesignationAppointment DateStatus
Subbarame Gowda Country flag representing In Director 17-Aug-2021Current
Katpady Kini Country flag representing In Director 17-Aug-2021Current
Jagadish Kudva Country flag representing In Director 24-Sep-2009Current

Financial Performance of Manipal Springs.

Manipal Springs Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 65.47% decrease. The company also saw a substantial fall in profitability, with a 59.69% decrease in profit. The company's net worth moved up by a moderate rise of 0.99%.

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
-65.47%
Revenue from Operations
-81.47%
Total Assets
-7.82%
Profit or Loss
-59.69%
Net Worth
0.99%
EBITDA
-3243.66%

What is the Ownership and Shareholding Structure of Manipal Springs?

In 2019, Manipal Springs had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Manipal Springs?

Manipal Springs has a workforce of 0 employees as of Apr 06, 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 Manipal 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 Manipal Springs'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 Manipal Springs

Recent activity within the organization

  • Annual General Meeting

    Manipal Springs Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Manipal Springs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Subbarame Gowda was appointed as a Director was appointed as a Director on 17 Aug 2021 & has been associated with this company since 3 years 6 months .

    17 Aug 2021

  • Director Appointment

    Katpady Madhava Kini was appointed as a Director was appointed as a Director on 17 Aug 2021 & has been associated with this company since 3 years 6 months .

    17 Aug 2021

  • Director Appointment

    Jagadish Kudva was appointed as a Director was appointed as a Director on 24 Sep 2009 & has been associated with this company since 15 years 4 months .

    24 Sep 2009

  • Company Incorporation

    Manipal Springs Limited was registered on 22 Mar 1984 with Roc Bangalore & aged 40 years 11 months as per MCA records.

    22 Mar 1984

Recent News, Updates & Announcement

  • News icon
    Manipal Group acquires Jigsaw Academy | Mint.

    Jigsaw Academy founders Sarita Digumarti and Gaurav Vohra will continue with the firm.Manipal ProLearn offers certification courses across technology, digital marketing, data sciences, project management and finance.

    12 Jun 2019 mint

  • News icon
    Blackstone to Invest Rs 3,200 Crore in Manipal Group's Medanta Hospital Acquisition, Expected to Close by March.

    Blackstone is investing Rs 3,200 crore to help Ranjan Pai of Manipal Group buy Medanta Hospital for Rs 6,000 crore. Pai owns 60% of Manipal Hospitals, with TPG and Temasek owning the rest. Blackstone's investment will have a pre-agreed return and is expected to be completed by March. Medanta founder Naresh Trehan may stay on after the acquisition. Blackstone has invested $9 billion in India and is gaining traction in structured capital solutions..

    18 Feb 2019 Economic Times

  • News icon
    TPG and Manipal Set to Acquire Medanta for 6000 Crore Amidst Exclusivity Period, Healthcare Sector Sees Multiple Investments from KKR, General Atlantic, and True North.

    When you hear TPG and Manipal are buying Medanta for 6000 crore but then you remember they have a three-month exclusivity period so no other buyers can come in. Meanwhile, Medanta is just like "We don't comment on media speculations." TPG is really into healthcare in India, they even fought for Fortis last year. But now they're focusing on Medanta, which is owned by Carlyle and Temasek. But wait, didn't Carlyle also buy a stake in Global Health in 2013? And Temasek in 2015? And now Medanta is facing pressure because of price controls. But don't worry, there's still hope for the healthcare sector with investments from KKR, General Atlantic, and True North..

    13 Feb 2019 mint

Frequently asked questions

  • Manipal Springs Limited was incorporated on 22 Mar 1984.

  • The authorized share capital of Manipal Springs Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.48 Cr.

  • Currently 3 directors are associated with Manipal Springs Limited.

    • Subbarame Gowda
    • Katpady Madhava Kini
    • Jagadish Kudva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manipal Springs Limited is 131-A Industrial Area Baikampady, India, Mangalore, Karnataka, 575011.

  • The corporate identification number (CIN) of Manipal Springs Limited is U29309KA1984PLC005964 and the company number is 005964 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manipal Springs Limited is https://www.manipal.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Manipal Springs Limited has fallen by -65.47%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Manipal Springs Limited has experienced an upsurge of 0.99%.

  • The most recent Balance Sheet for Manipal Springs Limited was filed with the ROC on 31 Mar 2024.

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