Orissa Spinning Mills Ltd

Textile company specializing in processing various fibers and fabrics since 1975.

1975 | Sundergarh, Odisha (India) | Active
Last Updated:

Orissa Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 87.84 Cr
  • Revenue Growth %
  • Profit Growth 43.91%
  • Ebitda 70.64%
  • Net Worth -10.39%
  • Total Assets -6.97%

About Orissa Spinning Mills

Orissa Spinning Mills Ltd (OSML) is a Public Limited Indian Non-Government Company incorporated in India on 26 March 1975 and has a history of 50 years and two months. Its registered office is in Sundergarh, Odisha, 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 2.00 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹87.84 Cr.

Partha Dasgupta, Bir Chatterjee, and Nirmal Goenka serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111OR1975PLC000657

  • Company No.

    000657

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Manufacturing
Company report

Orissa Spinning Mills Ltd

Explore comprehensive data for Orissa Spinning Mills Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Partha Dasgupta Country flag representing In Additional Director 03-Sep-2013Current
Bir Chatterjee Country flag representing In Additional Director 06-Sep-2014Current
Nirmal Goenka Country flag representing In Director 26-Mar-1975Current

Financial Performance of Orissa Spinning Mills.

Orissa Spinning Mills Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 43.91% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.39%.

Orissa Spinning Mills revenue growth over time
Orissa Spinning Mills 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
Revenue from Operations
Total Assets
-6.97%
Profit or Loss
43.91%
Net Worth
-10.39%
EBITDA
70.64%

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

In 2023, Orissa 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

₹87.84 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 59.75 Cr
  • Scici Limited : 14.75 Cr
  • Icici Bank Ltd. : 9.40 Cr
  • Icici Banking Corporation : 1.50 Cr
  • Icici Banking Corporation Ltd. : 1.00 Cr
  • Others : 1.44 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 1998Allahabad Bank₹30.98 CrOpen
13 Sep 1997Icici Banking Corporation Ltd.₹1.00 CrOpen
07 Jun 1997Industrial Promotion & Investment Corporation Of Orissa Ltd.₹1.50 MOpen
18 Mar 1997Icici Bank Ltd.₹2.50 CrOpen
08 Aug 1996Icici Banking Corporation₹1.50 CrOpen

How Many Employees Work at Orissa Spinning Mills?

Unlock and access historical data on people associated with Orissa Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Orissa Spinning Mills Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Orissa Spinning Mills Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Orissa Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Director Appointment

    Bir Kumar Chatterjee was appointed as a Additional Director was appointed as a Additional Director on 06 Sep 2014 & has been associated with this company since 10 years 8 months .

  • Director Appointment

    Partha Dasgupta was appointed as a Additional Director was appointed as a Additional Director on 03 Sep 2013 & has been associated with this company since 11 years 8 months .

  • Charges

    A charge with India Sme Asset Reconstruction Company Limited of Rs. 0.25 Cr registered on 21 Mar 1989 with Charge ID 80066390 was modified on 23 Mar 2013.

  • Charges

    A charge with Icici Bank Ltd. of Rs. 4.40 Cr registered on 12 Jul 1995 with Charge ID 90382211 was modified on 23 Dec 1998.

Frequently asked questions

  • What is the Incorporation or founding date of Orissa Spinning Mills Ltd?

    Orissa Spinning Mills Ltd was incorporated on 26 Mar 1975.

  • What is authorized share capital and paid-up capital of Orissa Spinning Mills Ltd?

    The authorized share capital of Orissa Spinning Mills Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.18 Cr.

  • Who are the current board members & directors of Orissa Spinning Mills Ltd?

    Currently 3 directors are associated with Orissa Spinning Mills Ltd.

    • Partha Dasgupta
    • Bir Kumar Chatterjee
    • Nirmal Kumar Goenka

  • What is the registered address of Orissa Spinning Mills Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Orissa Spinning Mills Ltd is At/Po: Rajgangpur India, Sundergarh, Orissa, 770017.

  • What is the corporate identification number (CIN) and company number of Orissa Spinning Mills Ltd?

    The corporate identification number (CIN) of Orissa Spinning Mills Ltd is U17111OR1975PLC000657 and the company number is 000657 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Orissa Spinning Mills Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Orissa Spinning Mills Ltd has experienced an downturn of -10.39%.

  • What are the total open charges for Orissa Spinning Mills Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Orissa Spinning Mills Ltd amount to ₹ 87.84 Cr.

  • When was the last Balance Sheet of Orissa Spinning Mills Ltd filed with the ROC?

    The most recent Balance Sheet for Orissa Spinning Mills Ltd was filed with the ROC on 31 Mar 2024.

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