Mori Spinning Private Limited

Manufacturer of open-ended spinning yarn with high production capacity and export capabilities.

2016 | Amreli, Gujarat (India) | Active
Last Updated:

Mori Spinning Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 63.01 Cr
  • Satisfied Charges ₹ 63.26 Cr
  • Revenue Growth 4.23%
  • Profit Growth -63.20%
  • Ebitda -61.64%
  • Net Worth 5.14%
  • Total Assets 3.67%

About Mori Spinning

Mori Spinning Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 September 2016 (Eight years and five months 12 days old ). Its registered office is in Amreli, Gujarat, 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 15.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹63.01 Cr. The company has closed loans amounting to ₹63.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mori Spinning Private Limited India is Bharti Saxena as COMPANY SECRETARY. Manojkumar Mori and Bharatbhai Mori serve as directors at the Company.

Company Details

  • Location

    Amreli, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    morispinning.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2016PTC093778

  • Company No.

    093778

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Mori Spinning?

Executive Team (1)

NameDesignationAppointment DateStatus
Bharti Saxena Company Secretary08-Oct-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Manojkumar Mori Country flag representing In Director 19-Sep-2016Current
Bharatbhai Mori Country flag representing In Director 19-Sep-2016Current

Financial Performance of Mori Spinning.

Mori Spinning Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.23% increase. The company also saw a substantial fall in profitability, with a 63.2% decrease in profit. The company's net worth moved up by a moderate rise of 5.14%.

Mori Spinning revenue growth over time
Mori Spinning 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
4.23%
Revenue from Operations
0.76%
Total Assets
3.67%
Profit or Loss
-63.20%
Net Worth
5.14%
EBITDA
-61.64%

What is the Ownership and Shareholding Structure of Mori Spinning?

In 2022, Mori Spinning had a promoter holding of 33.33% and a public holding of 66.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.01 Cr

Satisfied Charges

₹63.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 48.98 Cr
  • State Bank Of India : 14.03 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2023State Bank Of India₹14.03 CrOpen
10 Mar 2017Others₹48.98 CrOpen
15 Mar 2017Others₹63.26 CrSatisfied

How Many Employees Work at Mori Spinning?

Mori Spinning has a workforce of 15 employees as of Mar 22, 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 Mori Spinning Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mori Spinning, 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 Mori Spinning'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 Mori Spinning

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 14.03 Cr registered on 31 Jan 2023 with Charge ID 100679401 was modified on 09 Oct 2024.

  • Annual General Meeting

    Mori Spinning Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mori Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India amounted to Rs. 14.03 Cr with Charge ID 100679401 was registered on 31 Jan 2023.

  • Charges

    A charge registered on 15 Mar 2017 via Charge ID 100085977 with Others was fully satisfied on 17 Jan 2023.

  • Charges

    A charge with Others of Rs. 48.98 Cr registered on 10 Mar 2017 with Charge ID 100085948 was modified on 11 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Mori Spinning Private Limited?

    Mori Spinning Private Limited was incorporated on 19 Sep 2016.

  • What is authorized share capital and paid-up capital of Mori Spinning Private Limited?

    The authorized share capital of Mori Spinning Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Who are the current board members & directors of Mori Spinning Private Limited?

    Currently 3 directors are associated with Mori Spinning Private Limited.

    • Manojkumar Varjangbhai Mori
    • Bharti Saxena
    • Bharatbhai Varjangbhai Mori

  • What is the registered address of Mori Spinning Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mori Spinning Private Limited is Survey No.297/3/P1/P1 Barpatoli Somnath Road, Char Nala India, Rajula, Gujarat, 365560.

  • What is the corporate identification number (CIN) and company number of Mori Spinning Private Limited?

    The corporate identification number (CIN) of Mori Spinning Private Limited is U74999GJ2016PTC093778 and the company number is 093778 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mori Spinning Private Limited?

    The Official website of Mori Spinning Private Limited is https://www.morispinning.com

  • What has been the recent revenue trend for Mori Spinning Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mori Spinning Private Limited has risen by 4.23%.

  • How many employees does Mori Spinning Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Mori Spinning Private Limited.

  • What change has been observed in the net worth of Mori Spinning Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mori Spinning Private Limited has experienced an upsurge of 5.14%.

  • What are the total open charges for Mori Spinning Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mori Spinning Private Limited amount to ₹ 63.01 Cr.

  • When was the last Balance Sheet of Mori Spinning Private Limited filed with the ROC?

    The most recent Balance Sheet for Mori Spinning Private Limited was filed with the ROC on 31 Mar 2024.

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