Oswal Knitting And Spinning Industries Limited
Founded in 1992 and headquartered in Punjab, India.
1992 | Ludhiana, Punjab (India) | Active
Oswal Knitting And Spinning Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.55 M
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 39.32 Cr
- Satisfied Charges ₹ 5.60 M
- Revenue Growth 722897.75%
- Profit Growth 500.07%
- Ebitda -916.42%
- Net Worth 110.92%
- Total Assets 21.65%
About Oswal Knitting And Spinning Industries
Oswal Knitting And Spinning Industries Limited (OKASIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1992 and has a history of 32 years and two months. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Fashion And Textile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.55 M.
The company currently has active open charges totaling ₹39.32 Cr. The company has closed loans amounting to ₹5.60 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Jain, Jasbir Singh, and Rajesh Duggal 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
U17119PB1992PLC012869
- Company No.
012869
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Dec 1992
- Date of AGM
27 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Fashion and Textile
Home & Lifestyle
Who are the key members and board of directors at Oswal Knitting And Spinning Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Jain  | Director | 28-Feb-2002 | Current |
| Jasbir Singh | Director | 01-Dec-2020 | Current |
| Rajesh Duggal | Additional Director | 01-Jun-2021 | Current |
Financial Performance of Oswal Knitting And Spinning Industries.
Oswal Knitting And Spinning Industries Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 722897.75% increase. The company also saw a substantial improvement in profitability, with a 500.07% increase in profit. The company's net worth Soared by an impressive increase of 110.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Oswal Knitting And Spinning Industries?
In 2021, Oswal Knitting And Spinning Industries had a promoter holding of 99.72% and a public holding of 0.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oswal Knit India LimitedJasbir Singh is a mutual person
Malwa Millennium Designs LimitedJasbir Singh is a mutual person
Malwa Cotton Spinning Mills LtdAshok Jain and Rajesh Duggal are mutual person
- Malwa Capital And Finance Limited
Ashok Jain is a mutual person
- Oswego Trading And Investment Company Limited
Ashok Jain is a mutual person
- Crouse Investment Limited
Ashok Jain is a mutual person
Charges (Loans)
Open Charges
₹393.20 M
Satisfied Charges
₹5.60 M
Charges Breakdown by Lending Institutions
- Punjab National Bank : 32.32 Cr
- Canara Bank : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2010 | Punjab National Bank | ₹32.32 Cr | Open |
| 13 Sep 2006 | Canara Bank | ₹7.00 Cr | Open |
| 27 Jul 1995 | Punjab National Bank | ₹5.60 M | Satisfied |
How Many Employees Work at Oswal Knitting And Spinning Industries?
Unlock and access historical data on people associated with Oswal Knitting And Spinning Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Oswal Knitting And Spinning Industries, 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 Oswal Knitting And Spinning Industries'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.
Latest Updates, News, and FAQs on Oswal Knitting And Spinning Industries
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 70.00 M registered on 13 Sep 2006 with Charge ID 10020668 was modified on 25 May 2022.
- Annual General Meeting
Oswal Knitting And Spinning Industries Limited last Annual general meeting of members was held on 27 Nov 2021 as per latest MCA records.
- Director Appointment
Rajesh Kumar Duggal was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2021 & has been associated with this company since 3 years 9 months .
- Balance Sheet
Oswal Knitting And Spinning Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
- Director Appointment
Jasbir Singh was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 4 years 3 months .
- Charges
A charge with Punjab National Bank of Rs. 323.20 M registered on 14 Mar 2010 with Charge ID 10217046 was modified on 03 May 2011.
Frequently asked questions
What is the Incorporation or founding date of Oswal Knitting And Spinning Industries Limited?
Oswal Knitting And Spinning Industries Limited was incorporated on 29 Dec 1992.
What is authorized share capital and paid-up capital of Oswal Knitting And Spinning Industries Limited?
The authorized share capital of Oswal Knitting And Spinning Industries Limited is ₹ 3.00 M and paid-up capital is ₹ 2.55 M.
Who are the current board members & directors of Oswal Knitting And Spinning Industries Limited?
Currently 3 directors are associated with Oswal Knitting And Spinning Industries Limited.
- Ashok Kumar Jain
- Jasbir Singh
- Rajesh Kumar Duggal
What is the registered address of Oswal Knitting And Spinning Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Knitting And Spinning Industries Limited is 229Industrial Area A Ludhiana India, Punjab, 141003.
What is the corporate identification number (CIN) and company number of Oswal Knitting And Spinning Industries Limited?
The corporate identification number (CIN) of Oswal Knitting And Spinning Industries Limited is U17119PB1992PLC012869 and the company number is 012869 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Oswal Knitting And Spinning Industries Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Oswal Knitting And Spinning Industries Limited has risen by 722897.75%.
What change has been observed in the net worth of Oswal Knitting And Spinning Industries Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Oswal Knitting And Spinning Industries Limited has experienced an upsurge of 110.92%.
What are the total open charges for Oswal Knitting And Spinning Industries Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Oswal Knitting And Spinning Industries Limited amount to ₹ 39.32 Cr.
When was the last Balance Sheet of Oswal Knitting And Spinning Industries Limited filed with the ROC?
The most recent Balance Sheet for Oswal Knitting And Spinning Industries Limited was filed with the ROC on 31 Mar 2021.
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