Nahar Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 18.03 Cr
- Company Age 44 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,841.00 Cr
- Satisfied Charges ₹ 1,959.00 Cr
- Revenue Growth -21.26%
- Profit Growth -77.94%
- Ebitda -74.07%
- Net Worth -2.92%
- Total Assets -14.80%
About Nahar Spinning Mills
Nahar Spinning Mills Ltd (NSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 December 1980 and has a history of 44 years and two months. Its registered office is in Ludhiana, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500296 and on the National Stock Exchange(NSE) under NAHARSPING.
The Corporate was formerly known as Nahar Spinning Mills Pvt Ltd. The Company is engaged in the Environment 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 30.00 Cr and a paid-up capital of Rs 18.03 Cr.
The company currently has active open charges totaling ₹1,841.00 Cr. The company has closed loans amounting to ₹1,959.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nahar Spinning Mills Ltd India are Sh Sharma as COMPANY SECRETARY and Sh Garg as Cfo. Anchal Jain, Vijay Asdhir, Roshan Behl, and Seven other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L17115PB1980PLC004341
- Company No.
004341
- Stock Symbol
BSE : 500296 NSE : NAHARSPING
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Dec 1980
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
What products or services does Nahar Spinning Mills Ltd offer?
Nahar Spinning Mills Ltd offers a wide range of products and services, including Material Testing Labs & Services, Testing Services, Apparel & Textile Machinery, Dyeing Machinery, Sewing,Knitting & Embroidery Machine, Embroidery Machine, Yarns & Threads, Cotton Yarn.
Who are the key members and board of directors at Nahar Spinning Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Oswal  | Managing Director | 21-May-1985 | Current |
| Sh Sharma | Company Secretary | 01-Nov-1993 | Current |
| Sh Garg | CFO | 29-May-2014 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yash Sachdeva | Director | 10-Aug-2011 | Current |
| Vijay Asdhir | Director | 26-Sep-2017 | Current |
| Anchal Jain | Director | 24-Aug-2022 | Current |
| Roshan Behl | Director | 29-Sep-2020 | Current |
| Dinesh Gogna | Director | 21-May-1985 | Current |
| Kamal Oswal | Director | 30-Sep-1991 | Current |
Financial Performance of Nahar Spinning Mills.
Nahar Spinning Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.26% decrease. The company also saw a substantial fall in profitability, with a 77.94% decrease in profit. The company's net worth dipped by a decrease of 2.92%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Nahar Spinning Mills?
In 2022, Nahar Spinning Mills had a promoter holding of 66.31% and a public holding of 33.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nahar Poly Films LimitedAnchal Jain, Roshan Behl and 6 more are mutual person
Monte Carlo Fashions LimitedAnchal Jain, Roshan Behl and 3 more are mutual person
Nahar Industrial Enterprises LimitedAnchal Jain, Roshan Behl and 6 more are mutual person
- Nahar Capital And Financial Services Limited
Vijay Asdhir, Roshan Behl and 7 more are mutual person
- Oswal Woollen Mills Ltd
Roshan Behl, Dinesh Oswal and 4 more are mutual person
- Oswal Leasing Limited
Roshan Behl, Dinesh Gogna and 2 more are mutual person
Charges (Loans)
₹1,841.00 Cr
₹1,959.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1841.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2021 | Others | ₹275.00 Cr | Open |
| 11 Feb 2019 | Others | ₹66.00 Cr | Open |
| 28 Sep 2018 | Others | ₹113.00 Cr | Open |
| 25 Jun 2012 | Others | ₹125.00 Cr | Open |
| 28 Jul 2000 | Others | ₹1,262.00 Cr | Open |
How Many Employees Work at Nahar Spinning Mills?
Nahar Spinning Mills has a workforce of 8603 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 Nahar Spinning Mills, 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 Nahar Spinning Mills'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
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