Planet Spinning Mills Private Limited

Manufacturer and distributor of various types of yarns, fibers, and fabrics since 2011.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated:

Planet Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.00 Cr
  • Satisfied Charges ₹ 29.10 Cr
  • Revenue Growth -34.29%
  • Profit Growth -48.66%
  • Ebitda -13.20%
  • Net Worth 17.57%
  • Total Assets -22.78%

About Planet Spinning Mills

Planet Spinning Mills Private Limited (PSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2011 and has a history of 13 years and five months. Its registered office is in Mumbai, Maharashtra, 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹29.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajendrakumar Arya, Vipulkumar Patel, and Devkinandan Sharma serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17291MH2011PTC222105

  • Company No.

    222105

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2011

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajendrakumar Arya Country flag representing In Whole-Time Director 30-Dec-2013Current
Vipulkumar Patel Country flag representing In Director 09-Mar-2024Current
Devkinandan Sharma Country flag representing In Director 22-May-2021Current

Financial Performance of Planet Spinning Mills.

Planet Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.29% decrease. The company also saw a substantial fall in profitability, with a 48.66% decrease in profit. The company's net worth Soared by an impressive increase of 17.57%.

Planet Spinning Mills revenue growth over time
Planet 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
-34.29%
Revenue from Operations
-34.05%
Total Assets
-22.78%
Profit or Loss
-48.66%
Net Worth
17.57%
EBITDA
-13.20%

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

In 2023, Planet 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

₹25.00 Cr

Satisfied Charges

₹29.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2022Others₹25.00 CrOpen
29 Dec 2011Axis Bank Limited₹29.10 CrSatisfied

How Many Employees Work at Planet Spinning Mills?

Planet Spinning Mills has a workforce of 20 employees as of Apr 06, 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.

Employee growth trends for Planet Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Planet Spinning Mills Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Planet Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Vipulkumar Motibhai Patel was appointed as a Director was appointed as a Director on 09 Mar 2024 & has been associated with this company since 11 months 25 days .

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 22 Nov 2022 with Charge ID 100651291 was modified on 17 Jun 2023.

  • Charges

    A charge registered on 29 Dec 2011 via Charge ID 10333036 with Axis Bank Limited was fully satisfied on 06 Jun 2023.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100651291 was registered on 22 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Planet Spinning Mills Private Limited?

    Planet Spinning Mills Private Limited was incorporated on 17 Sep 2011.

  • What is authorized share capital and paid-up capital of Planet Spinning Mills Private Limited?

    The authorized share capital of Planet Spinning Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Planet Spinning Mills Private Limited?

    Currently 3 directors are associated with Planet Spinning Mills Private Limited.

    • Rajendrakumar Chandulal Arya
    • Vipulkumar Motibhai Patel
    • Devkinandan Jagdishprashad Sharma

  • What is the registered address of Planet Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Planet Spinning Mills Private Limited is Jbf House 13 Old Post Office Lane Kalbadevi Road, India, Mumbai, Maharashtra, 400002.

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

    The corporate identification number (CIN) of Planet Spinning Mills Private Limited is U17291MH2011PTC222105 and the company number is 222105 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Planet Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Planet Spinning Mills Private Limited has fallen by -34.29%.

  • How many employees does Planet Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Planet Spinning Mills Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Planet Spinning Mills Private Limited has experienced an upsurge of 17.57%.

  • What are the total open charges for Planet Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Planet Spinning Mills Private Limited amount to ₹ 25.00 Cr.

  • When was the last Balance Sheet of Planet Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Planet Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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