Microspin Machine Works Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 15-11-2024
- Paid Up Capital ₹ 0.13 M
as on 15-11-2024
- Company Age 13 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.88 Cr
as on 15-11-2024
- Satisfied Charges ₹ 3.00 M
as on 15-11-2024
- Revenue 118.44%
(FY 2023)
- Profit 2596.93%
(FY 2023)
- Ebitda 619.83%
(FY 2023)
- Net Worth 5.64%
(FY 2023)
- Total Assets 10.66%
(FY 2023)
About Microspin Machine Works
The Company is engaged in the Home & Lifestyle 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 1.00 M and a paid-up capital of Rs 0.13 M.
The company currently has active open charges totaling ₹1.88 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
Hemamalini Jagannathan and Kannan Lakshminarayan serve as directors at the Company.
- CIN/LLPIN
U29253TN2011PTC080314
- Company No.
080314
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 2011
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Microspin Machine Works?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemamalini Jagannathan  | Director | 13-Nov-2017 | Current |
| Kannan Lakshminarayan | Director | 26-Apr-2011 | Current |
Financial Performance and Corporate Structure Insights of Microspin Machine Works.
Microspin Machine Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 118.44% increase. The company also saw a substantial improvement in profitability, with a 2596.93% increase in profit. The company's net worth moved up by a moderate rise of 5.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Microspin Machine Works?
In 2023, Microspin Machine Works had a promoter holding of 74.87% and a public holding of 25.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Skillveri Training Solutions Private LimitedActive 12 years 2 monthsHemamalini Jagannathan is a mutual person
Emotiv Traction Solutions Private LimitedActive 3 years 2 monthsHemamalini Jagannathan and Kannan Lakshminarayan are mutual person
- Pilabz Electro Mechanical Systems Private LimitedActive 1 year 3 months
Kannan Lakshminarayan is a mutual person
- Motorz Design And Manufacturing Private LimitedActive 5 years 2 months
Kannan Lakshminarayan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
National Skill Development Corporation Creation Date: 06 Sep 2012 | ₹1.88 Cr | Open |
Syndicate Bank Creation Date: 23 Feb 2015 | ₹3.00 M | Satisfied |
How Many Employees Work at Microspin Machine Works?
Microspin Machine Works has a workforce of 0 employees as of Apr 08, 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 Microspin Machine Works, 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 Microspin Machine Works'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.
