Planet Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 13 Year, 4 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 four 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17291MH2011PTC222105
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Company No.
222105
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Sep 2011
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Date of AGM
14 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Planet Spinning Mills?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendrakumar Arya
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Whole-Time Director | 30-Dec-2013 | Current |
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Vipulkumar Patel
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Director | 09-Mar-2024 | Current |
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Devkinandan Sharma
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Director | 22-May-2021 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Jindal Creations Private LimitedDevkinandan Sharma is a mutual person
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Jindal Integrated Textile Park Private Limited
Devkinandan Sharma is a mutual person
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Balaji Weft Private LimitedDevkinandan Sharma is a mutual person
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Niharika Threads Private Limited
Devkinandan Sharma is a mutual person
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Bienville Estates Enterprise Private Limited
Devkinandan Sharma is a mutual person
Charges (Loans)
₹25.00 Cr
₹29.10 Cr
Charges Breakdown by Lending Institutions
- Others : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2022 | Others | ₹25.00 Cr | Open |
| 29 Dec 2011 | Axis Bank Limited | ₹29.10 Cr | Satisfied |
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.
Deals i
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
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.
