Punjab Spintex Private Limited

Produces and sells yarn and fabrics made from cotton.

2006 | Bathinda, Punjab (India) | Active
Last Updated: November 16, 2024

Punjab Spintex Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 81.38 Cr
  • Revenue Growth -99.08%
  • Profit Growth -144.58%
  • Net Worth -19.21%
  • Total Assets -2.34%

About Punjab Spintex

Punjab Spintex Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 December 2006 and has a history of 18 years and two months. Its registered office is in Bathinda, Punjab, India.

The Corporate was formerly known as Punjab Spintex Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 2.39 Cr.

The company has closed loans amounting to ₹81.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sanjay Pal, Pawan Bansal, and Nitya Nand serve as directors at the Company.

Company Details

  • Location

    Bathinda, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    punjabspintex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17114PB2006PTC030769

  • Company No.

    030769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Punjab Spintex?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Pal Country flag representing In Director 26-Dec-2006Current
Pawan Bansal Country flag representing In Additional Director 01-Feb-2017Current
Nitya Nand Country flag representing In Additional Director 16-Aug-2018Current

Financial Performance of Punjab Spintex.

Punjab Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.08% decrease. The company also saw a substantial fall in profitability, with a 144.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.21%.

Graph illustrating revenue growth over time
Graph showing 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
-99.08%
Revenue from Operations
Total Assets
-2.34%
Profit or Loss
-144.58%
Net Worth
-19.21%
EBITDA

What is the Ownership and Shareholding Structure of Punjab Spintex?

In 2023, Punjab Spintex 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

₹0

Satisfied Charges

₹81.38 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Patiala : 81.38 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jun 2007State Bank Of Patiala₹81.38 CrSatisfied

How Many Employees Work at Punjab Spintex?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Spintex, 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 Punjab Spintex'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 Punjab Spintex

Recent activity within the organization

  • Annual General Meeting

    Punjab Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Punjab Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 02 Jun 2007 via Charge ID 10058825 with State Bank Of Patiala was fully satisfied on 08 Jan 2019.

    08 Jan 2019

  • Director Appointment

    Nitya Nand was appointed as a Additional Director was appointed as a Additional Director on 16 Aug 2018 & has been associated with this company since 6 years 6 months .

    16 Aug 2018

  • Director Appointment

    Pawan Kumar Bansal was appointed as a Additional Director was appointed as a Additional Director on 01 Feb 2017 & has been associated with this company since 8 years 21 days .

    01 Feb 2017

  • Charges

    A charge with State Bank Of Patiala of Rs. 81.38 Cr registered on 02 Jun 2007 with Charge ID 10058825 was modified on 04 Nov 2014.

    04 Nov 2014

Frequently asked questions

  • Punjab Spintex Private Limited was incorporated on 26 Dec 2006.

  • The authorized share capital of Punjab Spintex Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 2.39 Cr.

  • Currently 3 directors are associated with Punjab Spintex Private Limited.

    • Sanjay Pal
    • Pawan Kumar Bansal
    • Nitya Nand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Spintex Private Limited is Scf Aggarssain Market Amrik Singh Road Veer Colony India, Bathinda, Punjab, 151001.

  • The corporate identification number (CIN) of Punjab Spintex Private Limited is U17114PB2006PTC030769 and the company number is 030769 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab Spintex Private Limited is https://www.punjabspintex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Punjab Spintex Private Limited has fallen by -99.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Punjab Spintex Private Limited has experienced an downturn of -19.21%.

  • The most recent Balance Sheet for Punjab Spintex Private Limited was filed with the ROC on 31 Mar 2023.

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