Maruti Spincot India Private Limited
Manufactures cotton yarn with 18,000 spindles in Martur, Andhra Pradesh.
2021 | Guntur, Andhra Pradesh (India) | Active
Maruti Spincot India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 4 Year, 6 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.25 Cr
- Revenue Growth -20.37%
- Profit Growth -57.94%
- Ebitda 48.61%
- Net Worth 2.03%
- Total Assets 27.59%
About Maruti Spincot India
Maruti Spincot India Private Limited (MSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 March 2021 (Four years 6 days old ). Its registered office is in Guntur, Andhra Pradesh, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹30.25 Cr.
Kiran Agarwal, Sri Agarwal, Arun Agrawal, and Two other members serve as directors at the Company.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17299AP2021PTC117806
- Company No.
117806
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Manufacturing
Who are the key members and board of directors at Maruti Spincot India?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Agarwal  | Director | 12-Aug-2021 | Current |
| Sri Agarwal | Director | 12-Aug-2021 | Current |
| Arun Agrawal | Director | 31-Dec-2022 | Current |
| Kunduru Venkatareddy | Director | 23-Mar-2021 | Current |
| Rohitkumar Goyel | Director | 23-Mar-2021 | Current |
Financial Performance of Maruti Spincot India.
Maruti Spincot India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.37% decrease. The company also saw a substantial fall in profitability, with a 57.94% decrease in profit. The company's net worth moved up by a moderate rise of 2.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maruti Spincot India?
In 2023, Maruti Spincot India 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)
Lt Supercom India Private LimitedKunduru Venkatareddy is a mutual person
- Whitefield Agro Products Private Limited
Kunduru Venkatareddy is a mutual person
- Andhra Pradesh Textile Mills Association
Kunduru Venkatareddy is a mutual person
- K.K.Protiens Private Limited
Rohitkumar Goyel is a mutual person
Charges (Loans)
Open Charges
₹30.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 21.75 Cr
- Others : 8.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | City Union Bank Limited | ₹2.00 Cr | Open |
| 30 Jun 2022 | Others | ₹8.50 Cr | Open |
| 09 Aug 2021 | City Union Bank Limited | ₹19.75 Cr | Open |
How Many Employees Work at Maruti Spincot India?
Maruti Spincot India has a workforce of 18 employees as of Apr 10, 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 Maruti Spincot India, 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 Maruti Spincot India'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 Maruti Spincot India
Recent activity within the organization
- Annual General Meeting
Maruti Spincot India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Maruti Spincot India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge with City Union Bank Limited of Rs. 19.75 Cr registered on 09 Aug 2021 with Charge ID 100476804 was modified on 03 Feb 2024.
- Director Appointment
Arun Agrawal was appointed as a Director was appointed as a Director on 31 Dec 2022 & has been associated with this company since 2 years 2 months .
- Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100655021 was registered on 21 Nov 2022.
- Charges
A charge with Others amounted to Rs. 8.50 Cr with Charge ID 100590484 was registered on 30 Jun 2022.
Frequently asked questions
What is the Incorporation or founding date of Maruti Spincot India Private Limited?
Maruti Spincot India Private Limited was incorporated on 23 Mar 2021.
What is authorized share capital and paid-up capital of Maruti Spincot India Private Limited?
The authorized share capital of Maruti Spincot India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Maruti Spincot India Private Limited?
Currently 5 directors are associated with Maruti Spincot India Private Limited.
- Kiran Devi Agarwal
- Sri Kishan Agarwal
- Arun Agrawal
- Kunduru Venkatareddy
- Rohitkumar Goyel
What is the registered address of Maruti Spincot India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maruti Spincot India Private Limited is Plot No.110 A Block Rishivalley Homes Ground Floor Opp.Tobaccoboard Gt Road, India, Guntur, Andhra Pradesh, 522004.
What is the corporate identification number (CIN) and company number of Maruti Spincot India Private Limited?
The corporate identification number (CIN) of Maruti Spincot India Private Limited is U17299AP2021PTC117806 and the company number is 117806 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Maruti Spincot India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maruti Spincot India Private Limited has fallen by -20.37%.
How many employees does Maruti Spincot India Private Limited currently have?
As Per 2023 financial reports, 18 employees are currently employed by Maruti Spincot India Private Limited.
What change has been observed in the net worth of Maruti Spincot India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maruti Spincot India Private Limited has experienced an upsurge of 2.03%.
What are the total open charges for Maruti Spincot India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Maruti Spincot India Private Limited amount to ₹ 30.25 Cr.
When was the last Balance Sheet of Maruti Spincot India Private Limited filed with the ROC?
The most recent Balance Sheet for Maruti Spincot India Private Limited was filed with the ROC on 31 Mar 2024.