Oswal Spinning And Weaving Mills Ltd

Founded in 1955 and headquartered in Punjab, India.

1955 | Ludhiana, Punjab (India) | Under Liquidation
Last Updated: March 13, 2023

Oswal Spinning And Weaving Mills Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 26.20 Cr
  • Company Age 69 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 173.71 Cr
  • Satisfied Charges ₹ 87.09 Cr
  • Revenue Growth -38.22%
  • Profit Growth -3337.67%
  • Ebitda -1921.62%
  • Net Worth -37.47%
  • Total Assets -9.29%

About Oswal Spinning And Weaving Mills

Oswal Spinning And Weaving Mills Ltd (OSAWML) is Under Liquidation company established on 19 Sep 1955 with its office registered at Ludhiana, Punjab, India and has been running since 69 Year, 4 Months with a paid up capital of 26.20 Cr. According to MCA records, 3 Directors are linked to this company as of 13 Mar 2023.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17111PB1955PLC001884

  • Company No.

    001884

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1955

  • Date of AGM

    23 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Listed

  • ROC Code

    Roc-Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Oswal Spinning And Weaving Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Oswal Country flag representing In Managing Director11-Jun-1979Current

Board Members (2)

NameDesignationAppointment DateStatus
Raj Oswal Country flag representing In Director 30-May-1992Current
Pawan Bahl Country flag representing In Director 20-Mar-2006Current

Financial Performance of Oswal Spinning And Weaving Mills.

Oswal Spinning And Weaving Mills Ltd, for the financial year ended 2015, experienced significant reduction in revenue, with a 38.22% decrease. The company also saw a substantial fall in profitability, with a 3337.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.47%.

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
-38.22%
Revenue from Operations
-34.58%
Total Assets
-9.29%
Profit or Loss
-3337.67%
Net Worth
-37.47%
EBITDA
-1921.62%

What is the Ownership and Shareholding Structure of Oswal Spinning And Weaving Mills?

In 2017, Oswal Spinning And Weaving Mills had a promoter holding of 37.18% and a public holding of 62.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹173.71 Cr

Satisfied Charges

₹87.09 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 53.37 Cr
  • Ifci Limited : 43.56 Cr
  • State Bank Of Patiala : 41.00 Cr
  • Uco Bank : 23.66 Cr
  • Industrial Finanace Corp;Of India Ltd; : 5.00 Cr
  • Others : 7.12 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2012Uco Bank₹2.00 CrOpen
22 Feb 2008Uco Bank₹17.48 CrOpen
19 Nov 2007Kotak Mahindra Bank Limited₹53.37 CrOpen
03 Jun 1997Ifci Limited₹14.30 CrOpen
20 Dec 1996Ifci Limited₹1.73 CrOpen

How Many Employees Work at Oswal Spinning And Weaving Mills?

Oswal Spinning And Weaving Mills has a workforce of 6 employees as of Apr 05, 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 Oswal Spinning And Weaving 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 Oswal Spinning And Weaving 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 Oswal Spinning And Weaving Mills

Recent activity within the organization

  • Annual General Meeting

    Oswal Spinning And Weaving Mills Ltd last Annual general meeting of members was held on 23 Sep 2017 as per latest MCA records.

    23 Sep 2017

  • Balance Sheet

    Oswal Spinning And Weaving Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2017 with RoC-Chandigarh.

    31 Mar 2017

  • Charges

    A charge with Uco Bank of Rs. 2.00 Cr registered on 28 Feb 2012 with Charge ID 10339554 was modified on 30 May 2015.

    30 May 2015

  • Charges

    A charge with Uco Bank of Rs. 17.48 Cr registered on 22 Feb 2008 with Charge ID 10098163 was modified on 30 May 2015.

    30 May 2015

  • Charges

    A charge registered on 20 Jul 1985 via Charge ID 90167947 with Uco Bank was fully satisfied on 29 Jan 2015.

    29 Jan 2015

  • Charges

    A charge registered on 12 Aug 1970 via Charge ID 90170249 with Uco Bank was fully satisfied on 29 Jan 2015.

    29 Jan 2015

Frequently asked questions

  • Oswal Spinning And Weaving Mills Ltd was incorporated on 19 Sep 1955.

  • The authorized share capital of Oswal Spinning And Weaving Mills Ltd is ₹ 40.00 Cr and paid-up capital is ₹ 26.20 Cr.

  • Currently 3 directors are associated with Oswal Spinning And Weaving Mills Ltd.

    • Raj Paul Oswal
    • Pawan Kumar Bahl
    • Ashok Oswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Spinning And Weaving Mills Ltd is #92 Industrial Area- A Near Kwality Chowk, Ludhiana., Punjab, India, 141014.

  • The corporate identification number (CIN) of Oswal Spinning And Weaving Mills Ltd is L17111PB1955PLC001884 and the company number is 001884 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Oswal Spinning And Weaving Mills Ltd is https://www.oswalcotton.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Oswal Spinning And Weaving Mills Ltd has fallen by -38.22%.

  • As Per 2015 financial reports, 6 employees are currently employed by Oswal Spinning And Weaving Mills Ltd.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Oswal Spinning And Weaving Mills Ltd has experienced an downturn of -37.47%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Oswal Spinning And Weaving Mills Ltd amount to ₹ 173.71 Cr.

  • The most recent Balance Sheet for Oswal Spinning And Weaving Mills Ltd was filed with the ROC on 31 Mar 2017.

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