Oswal Spinning Limited

Textile company specializing in trading, manufacturing, and processing of yarn, fabrics, and hosiery goods.

1983 | Ludhiana, Punjab (India) | Active
Last Updated:

Oswal Spinning Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.84 M
  • Company Age 41 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 19.48 Cr
  • Revenue Growth -23.34%
  • Profit Growth 2.91%
  • Ebitda -44.52%
  • Net Worth -23.04%
  • Total Assets -8.38%

About Oswal Spinning

Oswal Spinning Limited (OSL) is a Public Limited Indian Non-Government Company incorporated in India on 09 June 1983 and has a history of 41 years and eight months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Oswal Industries Ltd. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.84 M.

The company currently has active open charges totaling ₹19.48 Cr.

Raj Oswal, Satish Oswal, and Taru Oswal 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

    U00000PB1983PLC005469

  • Company No.

    005469

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1983

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

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

Executive Team (1)

NameDesignationAppointment DateStatus
Raj Oswal Country flag representing In Managing Director01-Jul-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Satish Oswal Country flag representing In Director 04-Apr-1999Current
Taru Oswal Country flag representing In Director 30-Mar-2013Current

Financial Performance of Oswal Spinning.

Oswal Spinning Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 23.34% decrease. The company also saw a slight improvement in profitability, with a 2.91% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.04%.

Oswal Spinning revenue growth over time
Oswal Spinning 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
-23.34%
Revenue from Operations
-21.21%
Total Assets
-8.38%
Profit or Loss
2.91%
Net Worth
-23.04%
EBITDA
-44.52%

What is the Ownership and Shareholding Structure of Oswal Spinning?

In 2019, Oswal Spinning 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

₹194.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 19.48 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2005Uco Bank₹19.48 CrOpen

How Many Employees Work at Oswal Spinning?

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

Employee growth trends for Oswal Spinning Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oswal Spinning, 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'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

Recent activity within the organization

  • Annual General Meeting

    Oswal Spinning Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Oswal Spinning Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh.

  • Charges

    A charge with Uco Bank of Rs. 194.80 M registered on 16 Nov 2005 with Charge ID 80019634 was modified on 30 May 2015.

  • Director Appointment

    Taru Oswal was appointed as a Director was appointed as a Director on 30 Mar 2013 & has been associated with this company since 11 years 11 months .

  • Charges

    A charge with Uco Bank amounted to Rs. 194.80 M with Charge ID 80019634 was registered on 16 Nov 2005.

  • Director Appointment

    Satish Oswal was appointed as a Director was appointed as a Director on 04 Apr 1999 & has been associated with this company since 25 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Oswal Spinning Limited?

    Oswal Spinning Limited was incorporated on 09 Jun 1983.

  • What is authorized share capital and paid-up capital of Oswal Spinning Limited?

    The authorized share capital of Oswal Spinning Limited is ₹ 2.50 M and paid-up capital is ₹ 1.84 M.

  • Who are the current board members & directors of Oswal Spinning Limited?

    Currently 3 directors are associated with Oswal Spinning Limited.

    • Raj Paul Oswal
    • Satish Oswal
    • Taru Oswal

  • What is the registered address of Oswal Spinning Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Spinning Limited is Plot No. 92 Oswal Road Industrial Area-A, India, Ludhiana, Punjab, 141003.

  • What is the corporate identification number (CIN) and company number of Oswal Spinning Limited?

    The corporate identification number (CIN) of Oswal Spinning Limited is U00000PB1983PLC005469 and the company number is 005469 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Oswal Spinning Limited?

    The Official website of Oswal Spinning Limited is https://www.oswalcotton.com

  • What has been the recent revenue trend for Oswal Spinning Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Oswal Spinning Limited has fallen by -23.34%.

  • What change has been observed in the net worth of Oswal Spinning Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Oswal Spinning Limited has experienced an downturn of -23.04%.

  • What are the total open charges for Oswal Spinning Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Oswal Spinning Limited amount to ₹ 19.48 Cr.

  • When was the last Balance Sheet of Oswal Spinning Limited filed with the ROC?

    The most recent Balance Sheet for Oswal Spinning Limited was filed with the ROC on 31 Mar 2019.

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