Microspin Machine Works Private Limited

Manufacturer of spinning machinery and textiles, with a focus on cotton to yarn conversion.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Microspin Machine Works Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.88 Cr
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth 118.44%
  • Profit Growth 2596.93%
  • Ebitda 619.83%
  • Net Worth 5.64%
  • Total Assets 10.66%

About Microspin Machine Works

Microspin Machine Works Private Limited (MMWPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 2011 and has a history of 13 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

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.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Home & Lifestyle
Machinery and Equipment

Who are the key members and board of directors at Microspin Machine Works?

Board Members (2)

NameDesignationAppointment DateStatus
Hemamalini Jagannathan Country flag representing In Director 13-Nov-2017Current
Kannan Lakshminarayan Country flag representing In Director 26-Apr-2011Current

Financial Performance 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%.

Microspin Machine Works revenue growth over time
Microspin Machine Works 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
118.44%
Revenue from Operations
Total Assets
10.66%
Profit or Loss
2596.93%
Net Worth
5.64%
EBITDA
619.83%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.75 M

Satisfied Charges

₹3.00 M

Charges Breakdown by Lending Institutions

  • National Skill Development Corporation : 1.88 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2012National Skill Development Corporation₹1.88 CrOpen
23 Feb 2015Syndicate Bank₹3.00 MSatisfied

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.

Employee growth trends for Microspin Machine Works Private Limited

Deals i

Graph showing company valuation over time

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

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 Microspin Machine Works

Recent activity within the organization

  • Annual General Meeting

    Microspin Machine Works Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Microspin Machine Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 23 Feb 2015 via Charge ID 10556172 with Syndicate Bank was fully satisfied on 26 Dec 2019.

  • Director Appointment

    Hemamalini Jagannathan was appointed as a Director was appointed as a Director on 13 Nov 2017 & has been associated with this company since 7 years 4 months .

  • Charges

    A charge with Syndicate Bank amounted to Rs. 3.00 M with Charge ID 10556172 was registered on 23 Feb 2015.

  • Charges

    A charge with National Skill Development Corporation amounted to Rs. 18.75 M with Charge ID 10380414 was registered on 06 Sep 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Microspin Machine Works Private Limited?

    Microspin Machine Works Private Limited was incorporated on 26 Apr 2011.

  • What is authorized share capital and paid-up capital of Microspin Machine Works Private Limited?

    The authorized share capital of Microspin Machine Works Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.13 M.

  • Who are the current board members & directors of Microspin Machine Works Private Limited?

    Currently 2 directors are associated with Microspin Machine Works Private Limited.

    • Hemamalini Jagannathan
    • Kannan Lakshminarayan

  • What is the registered address of Microspin Machine Works Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Microspin Machine Works Private Limited is 3A 4Th Street, Raja Garden Kottivakkam India, Chennai, Tamil Nadu, 600041.

  • What is the corporate identification number (CIN) and company number of Microspin Machine Works Private Limited?

    The corporate identification number (CIN) of Microspin Machine Works Private Limited is U29253TN2011PTC080314 and the company number is 080314 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Microspin Machine Works Private Limited?

    The Official website of Microspin Machine Works Private Limited is https://www.microspin.co.in

  • What has been the recent revenue trend for Microspin Machine Works Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Microspin Machine Works Private Limited has risen by 118.44%.

  • What change has been observed in the net worth of Microspin Machine Works Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Microspin Machine Works Private Limited has experienced an upsurge of 5.64%.

  • What are the total open charges for Microspin Machine Works Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Microspin Machine Works Private Limited amount to ₹ 1.88 Cr.

  • When was the last Balance Sheet of Microspin Machine Works Private Limited filed with the ROC?

    The most recent Balance Sheet for Microspin Machine Works Private Limited was filed with the ROC on 31 Mar 2023.

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