Nilachal Spinning Mills Private Limited

Produces cotton yarn, including waste, and offers combed hosiery yarn and textile products through spinning, weaving, and finishing.

2005 | Coimbatore-641 004., Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Nilachal Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 18.27 Cr
  • Revenue Growth -29.09%
  • Profit Growth -56.23%
  • Ebitda -39.46%
  • Net Worth 1.76%
  • Total Assets 25.67%

About Nilachal Spinning Mills

Nilachal Spinning Mills Private Limited (NSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 October 2005 and has a history of 19 years and three months. Its registered office is in Coimbatore-641 004., Tamil Nadu.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company has closed loans amounting to ₹18.27 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Radheshyam Singhania, Aditya Singhania, Ashis Singhania, and One other member serve as directors at the Company.

Company Details

  • Location
    Coimbatore-641 004., Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17118TZ2005PTC012257

  • Company No.

    012257

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Aditya Singhania Country flag representing In Director 03-Feb-2017 Current
Radheshyam Singhania Country flag representing In Director 31-Oct-2005 Current
Ashis Singhania Country flag representing In Director 30-Jan-2017 Current
Dilip Singhania Country flag representing In Director 31-Oct-2005 Current

Financial Performance of Nilachal Spinning Mills.

Nilachal Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.09% decrease. The company also saw a substantial fall in profitability, with a 56.23% decrease in profit. The company's net worth moved up by a moderate rise of 1.76%.

Graph illustrating revenue growth over time
Graph showing 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
-29.09%
Revenue from Operations
-29.22%
Total Assets
25.67%
Profit or Loss
-56.23%
Net Worth
1.76%
EBITDA
-39.46%

What is the Ownership and Shareholding Structure of Nilachal Spinning Mills?

In 2023, Nilachal Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹18.27 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 16.90 Cr
  • Others : 1.37 Cr

Latest Charge Details

Date Lender Amount Status
15 Jun 2016 Others ₹1.37 Cr Satisfied
22 Mar 2007 Bank Of Baroda ₹16.90 Cr Satisfied

How Many Employees Work at Nilachal Spinning Mills?

Nilachal Spinning Mills has a workforce of 70 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nilachal 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 Nilachal Spinning Mills'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 Nilachal Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Nilachal Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nilachal Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 15 Jun 2016 via Charge ID 100038452 with Others was fully satisfied on 22 Jun 2021.

    22 Jun 2021

  • Charges

    A charge registered on 22 Mar 2007 via Charge ID 10045572 with Bank Of Baroda was fully satisfied on 22 Jun 2021.

    22 Jun 2021

  • Director Appointment

    Aditya Singhania Dilip Kumar Singhania was appointed as a Director was appointed as a Director on 03 Feb 2017 & has been associated with this company since 8 years 5 days .

    03 Feb 2017

  • Director Appointment

    Ashis Singhania Dilip Kumar Singhania was appointed as a Director was appointed as a Director on 30 Jan 2017 & has been associated with this company since 8 years 9 days .

    30 Jan 2017

Frequently asked questions

  • Nilachal Spinning Mills Private Limited was incorporated on 31 Oct 2005.

  • The authorized share capital of Nilachal Spinning Mills Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 4 directors are associated with Nilachal Spinning Mills Private Limited.

    • Radheshyam Singhania
    • Aditya Singhania Dilip Kumar Singhania
    • Ashis Singhania Dilip Kumar Singhania
    • Dilip Kumar Singhania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nilachal Spinning Mills Private Limited is Sf No.351 R.S.Nagar Thaneer Pandal Road Peelamedu, India, Coimbatore-641 004., Tamil Nadu.

  • The corporate identification number (CIN) of Nilachal Spinning Mills Private Limited is U17118TZ2005PTC012257 and the company number is 012257 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nilachal Spinning Mills Private Limited has fallen by -29.09%.

  • As Per 2023 financial reports, 70 employees are currently employed by Nilachal Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nilachal Spinning Mills Private Limited has experienced an upsurge of 1.76%.

  • The most recent Balance Sheet for Nilachal Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.