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Oswal Spinning Limited

Textile company specializing in trading, manufacturing, and processing of yarn, fabrics, and hosiery goods.
1983 | Ludhiana, Punjab (India) | Active

Last Updated:

December 10, 2024
HomeCompanyOswal Spinning Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Raj Oswal InManaging Director01-Jul-1998Current

Board Members(2)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹194.80 M

LenderAmountStatus

Uco Bank

Creation Date: 16 Nov 2005
₹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 Graph

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Rating

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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.

    30 Sep 2019

  • Balance Sheet

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

    31 Mar 2019

  • 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.

    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 8 months .

    30 Mar 2013

  • Charges

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

    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 8 months .

    04 Apr 1999

Frequently asked questions

  • Oswal Spinning Limited was incorporated on 09 Jun 1983.

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

  • Currently 3 directors are associated with Oswal Spinning Limited.

    • Raj Paul Oswal
    • Satish Oswal
    • Taru Oswal
  • 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.

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

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

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

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

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

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

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