Niwas Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 14.09 Cr
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 22.66 Cr
- Revenue Growth 34.55%
- Profit Growth -19.12%
- Ebitda -333.01%
- Net Worth 0.23%
- Total Assets 20.85%
About Niwas Spinning Mills
Niwas Spinning Mills Limited (NSML) is a Public Limited Indian Non-Government Company incorporated in India on 19 April 1984 and has a history of 40 years and ten months. Its registered office is in Soalapur, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521009.
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 25.00 Cr and a paid-up capital of Rs 14.09 Cr.
The company has closed loans amounting to ₹22.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Vijay Jaju, Mitesh Daga, and Aditya Jaju serve as directors at the Company.
Company Details
- Location Soalapur, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L17110PN1984PLC032702
- Company No.
032702
- Stock Symbol
BSE : 521009
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Apr 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Niwas Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Jaju  | Managing Director | 19-Apr-1984 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mitesh Daga | Director | 01-Sep-2017 | Current |
| Aditya Jaju | Director | 25-Aug-2009 | Current |
Financial Performance of Niwas Spinning Mills.
Niwas Spinning Mills Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 34.55% increase. The company also saw a substantial fall in profitability, with a 19.12% decrease in profit. The company's net worth moved up by a moderate rise of 0.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Niwas Spinning Mills?
In 2021, Niwas Spinning Mills had a promoter holding of 49.68% and a public holding of 50.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Masterspin Export LimitedMitesh Daga is a mutual person
- Spinomat Textiles Private Limited
Aditya Jaju is a mutual person
Charges (Loans)
₹0
₹22.66 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 8.60 Cr
- Icici Bank Ltd. : 5.87 Cr
- The Ind. Credit And Investment Corp. Of India Ltd. : 5.86 Cr
- Asset Reconstruction Company (India) Limited : 2.15 Cr
- International Asset Reconstruction Company Private Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 1998 | Bank Of India | ₹5.00 M | Satisfied |
| 10 Jul 1997 | Bank Of India | ₹1.00 Cr | Satisfied |
| 30 Apr 1996 | Bank Of India | ₹2.00 Cr | Satisfied |
| 16 Feb 1996 | The Ind. Credit And Investment Corp. Of India Ltd. | ₹5.86 Cr | Satisfied |
| 11 Dec 1995 | Icici Bank Ltd. | ₹5.87 Cr | Satisfied |
How Many Employees Work at Niwas Spinning Mills?
Niwas Spinning Mills has a workforce of 6 employees as of Mar 23, 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 Niwas 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 Niwas 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
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.
