Salona Spinntex Private Limited

Trading yarn since 2006, based in Coimbatore, Tamil Nadu.

2006 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Salona Spinntex Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth 23.60%
  • Profit Growth 244.46%
  • Ebitda -42.67%
  • Net Worth 4.50%
  • Total Assets 46.20%

About Salona Spinntex

Salona Spinntex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 2006 and has a history of 19 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 9.00 M.

The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pista Jhajharia, Pramod Jhajharia, and Saloni Agarwal serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2006PTC012561

  • Company No.

    012561

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Home & Lifestyle

What products or services does Salona Spinntex Private Limited offer?

Salona Spinntex Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn, Engineering and Shipping Ropes, Twine, Synthetic Yarn, Industrial Yarn, Natural Fiber Yarns, Yarn, Ladies Palazzo, Jeggings.

Company report

Salona Spinntex Private Limited

Explore comprehensive data for Salona Spinntex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Salona Spinntex?

Board Members (3)

NameDesignationAppointment DateStatus
Pramod Jhajharia Country flag representing In Whole-Time Director 10-Feb-2006Current
Pista Jhajharia Country flag representing In Director 10-Feb-2006Current
Saloni Agarwal Country flag representing In Director 21-Jul-2014Current

Financial Performance of Salona Spinntex.

Salona Spinntex Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.6% increase. The company also saw a substantial improvement in profitability, with a 244.46% increase in profit. The company's net worth moved up by a moderate rise of 4.5%.

Salona Spinntex revenue growth over time
Salona Spinntex 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
23.60%
Revenue from Operations
22.81%
Total Assets
46.20%
Profit or Loss
244.46%
Net Worth
4.50%
EBITDA
-42.67%

What is the Ownership and Shareholding Structure of Salona Spinntex?

In 2022, Salona Spinntex had a promoter holding of 55.61% and a public holding of 44.39%. 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

₹0.10 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2008Tamilnad Mercantile Bank Ltd.₹1.00 MSatisfied

How Many Employees Work at Salona Spinntex?

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

Employee growth trends for Salona Spinntex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salona Spinntex, 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 Salona Spinntex'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 Salona Spinntex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Salona Spinntex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Saloni Agarwal was appointed as a Director was appointed as a Director on 21 Jul 2014 & has been associated with this company since 10 years 9 months .

  • Charges

    A charge registered on 28 Mar 2008 via Charge ID 10098169 with Tamilnad Mercantile Bank Ltd. was fully satisfied on 21 Dec 2011.

  • Charges

    A charge with Tamilnad Mercantile Bank Ltd. amounted to Rs. 0.10 Cr with Charge ID 10098169 was registered on 28 Mar 2008.

  • Director Appointment

    Pista Devi Jhajharia was appointed as a Director was appointed as a Director on 10 Feb 2006 & has been associated with this company since 19 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Salona Spinntex Private Limited?

    Salona Spinntex Private Limited was incorporated on 10 Feb 2006.

  • What is authorized share capital and paid-up capital of Salona Spinntex Private Limited?

    The authorized share capital of Salona Spinntex Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Salona Spinntex Private Limited?

    Currently 3 directors are associated with Salona Spinntex Private Limited.

    • Pista Devi Jhajharia
    • Pramod Kumar Jhajharia
    • Saloni Agarwal
  • What is the registered address of Salona Spinntex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Salona Spinntex Private Limited is No.9 Ramalinga Nagar Iv Cross Saibaba Colony, India, Coimbatore, Tamil Nadu, 641011.

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

    The corporate identification number (CIN) of Salona Spinntex Private Limited is U17111TZ2006PTC012561 and the company number is 012561 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Salona Spinntex Private Limited?

    The Official website of Salona Spinntex Private Limited is https://www.salonagroup.com

  • What has been the recent revenue trend for Salona Spinntex Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Salona Spinntex Private Limited has risen by 23.60%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Salona Spinntex Private Limited has experienced an upsurge of 4.50%.

  • When was the last Balance Sheet of Salona Spinntex Private Limited filed with the ROC?

    The most recent Balance Sheet for Salona Spinntex Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial