Prince Spinners Private Limited

Produces textiles through Prince Spinners Private Limited.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Prince Spinners Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 2.03 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 153.61 Cr
  • Satisfied Charges ₹ 22.40 Cr
  • Revenue Growth 3.66%
  • Profit Growth -67.36%
  • Ebitda -23.88%
  • Net Worth -6.26%
  • Total Assets -2.46%

About Prince Spinners

Prince Spinners Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 2006 and has a history of 18 years and eight months. Its registered office is in Ahmedabad, Gujarat, 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 11.00 Cr and a paid-up capital of Rs 2.03 Cr.

The company currently has active open charges totaling ₹153.61 Cr. The company has closed loans amounting to ₹22.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Haidarali Makhani, Gulajar Makhani, Anilkumar Daslania, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121GJ2006PTC048561

  • Company No.

    048561

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Prince Spinners?

Board Members (6)

NameDesignationAppointment DateStatus
Haidarali Makhani Country flag representing In Director 26-Jun-2006Current
Gulajar Makhani Country flag representing In Director 26-Jun-2006Current
Anilkumar Daslania Country flag representing In Director 25-Jan-2011Current
Sirajali Gangani Country flag representing In Director 25-Jan-2011Current
Kamrudin Meghani Country flag representing In Director 18-Feb-2011Current
Honey Makhani Country flag representing In Director 01-Apr-2022Current

Financial Performance of Prince Spinners.

Prince Spinners Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.66% increase. The company also saw a substantial fall in profitability, with a 67.36% decrease in profit. The company's net worth dipped by a decrease of 6.26%.

Prince Spinners revenue growth over time
Prince Spinners 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
3.66%
Revenue from Operations
3.63%
Total Assets
-2.46%
Profit or Loss
-67.36%
Net Worth
-6.26%
EBITDA
-23.88%

What is the Ownership and Shareholding Structure of Prince Spinners?

In 2023, Prince Spinners had a promoter holding of 26.86% and a public holding of 73.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹153.61 Cr

Satisfied Charges

₹22.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 120.24 Cr
  • Hdfc Bank Limited : 33.37 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2024Hdfc Bank Limited₹15.00 CrOpen
21 Oct 2023Hdfc Bank Limited₹18.37 CrOpen
01 Mar 2017State Bank Of India₹77.27 CrOpen
29 Jul 2011State Bank Of India₹42.97 CrOpen
18 Mar 2011Bank Of Baroda₹22.40 CrSatisfied

How Many Employees Work at Prince Spinners?

Prince Spinners has a workforce of 27 employees as of Mar 28, 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 Prince Spinners Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prince Spinners, 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 Prince Spinners'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 Prince Spinners

Recent activity within the organization

  • Annual General Meeting

    Prince Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Prince Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100859720 was registered on 24 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.37 Cr with Charge ID 100839562 was registered on 21 Oct 2023.

  • Charges

    A charge with State Bank Of India of Rs. 77.27 Cr registered on 01 Mar 2017 with Charge ID 100092395 was modified on 29 Jul 2022.

  • Charges

    A charge with State Bank Of India of Rs. 42.97 Cr registered on 29 Jul 2011 with Charge ID 10303156 was modified on 29 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prince Spinners Private Limited?

    Prince Spinners Private Limited was incorporated on 26 Jun 2006.

  • What is authorized share capital and paid-up capital of Prince Spinners Private Limited?

    The authorized share capital of Prince Spinners Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 2.03 Cr.

  • Who are the current board members & directors of Prince Spinners Private Limited?

    Currently 6 directors are associated with Prince Spinners Private Limited.

    • Haidarali Jafarbhai Makhani
    • Gulajar Haidarali Makhani
    • Anilkumar Amarshibhai Daslania
    • Sirajali Sadrudin Gangani
    • Kamrudin Kurbanali Meghani
    • Honey Haiderali Makhani

  • What is the registered address of Prince Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prince Spinners Private Limited is Survey No. 1634/1637 Dholka Bagodra Highway Vil. Gangad Taluka- Bavla, Dist. Ahmeda Bad India, Gangad Ta Bavla, Gujarat, 382240.

  • What is the corporate identification number (CIN) and company number of Prince Spinners Private Limited?

    The corporate identification number (CIN) of Prince Spinners Private Limited is U17121GJ2006PTC048561 and the company number is 048561 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Prince Spinners Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prince Spinners Private Limited has risen by 3.66%.

  • How many employees does Prince Spinners Private Limited currently have?

    As Per 2023 financial reports, 27 employees are currently employed by Prince Spinners Private Limited.

  • What change has been observed in the net worth of Prince Spinners Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prince Spinners Private Limited has experienced an downturn of -6.26%.

  • What are the total open charges for Prince Spinners Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prince Spinners Private Limited amount to ₹ 153.61 Cr.

  • When was the last Balance Sheet of Prince Spinners Private Limited filed with the ROC?

    The most recent Balance Sheet for Prince Spinners Private Limited was filed with the ROC on 31 Mar 2024.