Satyam Spinners Pvt Ltd

Manufacturer of cotton yarn with a wide range of products and high production capacity.

1990 | Barwani, Madhya Pradesh (India) | Active
Last Updated: October 24, 2024

Satyam Spinners Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.17 Cr
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 61.30 Cr
  • Satisfied Charges ₹ 50.20 Cr
  • Revenue Growth -36.40%
  • Profit Growth -66.21%
  • Ebitda -32.33%
  • Net Worth 12.16%
  • Total Assets 95.67%

About Satyam Spinners

Satyam Spinners Pvt Ltd (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 1990 and has a history of 34 years and eight months. Its registered office is in Barwani, Madhya Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.17 Cr.

The company currently has active open charges totaling ₹61.30 Cr. The company has closed loans amounting to ₹50.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhupendra Rajpal and Chetan Agrawal serve as directors at the Company.

Company Details

  • Location

    Barwani, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    satyamspinners.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72112MP1990PTC005851

  • Company No.

    005851

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Bhupendra Rajpal Country flag representing In Director 15-Jan-1994Current
Chetan Agrawal Country flag representing In Director 25-May-1990Current

Financial Performance of Satyam Spinners.

Satyam Spinners Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.4% decrease. The company also saw a substantial fall in profitability, with a 66.21% decrease in profit. The company's net worth Soared by an impressive increase of 12.16%.

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
-36.40%
Revenue from Operations
-36.40%
Total Assets
95.67%
Profit or Loss
-66.21%
Net Worth
12.16%
EBITDA
-32.33%

What is the Ownership and Shareholding Structure of Satyam Spinners?

In 2023, Satyam Spinners had a promoter holding of 99.74% and a public holding of 0.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.30 Cr

Satisfied Charges

₹50.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 60.97 Cr
  • Others : 0.26 Cr
  • Sundaram Finance Limited : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2022Hdfc Bank Limited₹55.30 CrOpen
29 Nov 2022Hdfc Bank Limited₹5.67 CrOpen
30 Jun 2021Others₹2.60 MOpen
17 Mar 2015Sundaram Finance Limited₹0.70 MOpen
30 Dec 2021Others₹2.80 CrSatisfied

How Many Employees Work at Satyam Spinners?

Satyam Spinners has a workforce of 41 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Satyam 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 Satyam 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 Satyam Spinners

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 55.30 Cr registered on 29 Nov 2022 with Charge ID 100646023 was modified on 02 Sep 2024.

    02 Sep 2024

  • Annual General Meeting

    Satyam Spinners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Satyam Spinners Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.67 Cr registered on 29 Nov 2022 with Charge ID 100654256 was modified on 26 Dec 2022.

    26 Dec 2022

  • Charges

    A charge registered on 30 Dec 2021 via Charge ID 100526551 with Others was fully satisfied on 15 Dec 2022.

    15 Dec 2022

  • Charges

    A charge registered on 12 Oct 2010 via Charge ID 10250373 with Others was fully satisfied on 15 Dec 2022.

    15 Dec 2022

Frequently asked questions

  • Satyam Spinners Pvt Ltd was incorporated on 25 May 1990.

  • The authorized share capital of Satyam Spinners Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 1.17 Cr.

  • Currently 2 directors are associated with Satyam Spinners Pvt Ltd.

    • Bhupendra Singh Rajpal
    • Chetan Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Satyam Spinners Pvt Ltd is A.B. Road Sandhwa Dist. Barwani India, Na, Madhya Pradesh, 451666.

  • The corporate identification number (CIN) of Satyam Spinners Pvt Ltd is U72112MP1990PTC005851 and the company number is 005851 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Satyam Spinners Pvt Ltd is https://www.satyamspinners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Satyam Spinners Pvt Ltd has fallen by -36.40%.

  • As Per 2023 financial reports, 41 employees are currently employed by Satyam Spinners Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Satyam Spinners Pvt Ltd has experienced an upsurge of 12.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Satyam Spinners Pvt Ltd amount to ₹ 61.30 Cr.

  • The most recent Balance Sheet for Satyam Spinners Pvt Ltd was filed with the ROC on 31 Mar 2023.

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