Shital Spinning Mills Ltd

Real estate services including leasing and renting of factory spaces since 1995.

1995 | Jalandhar, Punjab (India) | Active
Last Updated:

Shital Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 2.08 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 96.78 Cr
  • Revenue Growth -56.77%
  • Profit Growth -78.18%
  • Ebitda -145.12%
  • Net Worth -0.41%
  • Total Assets 1.44%

About Shital Spinning Mills

Shital Spinning Mills Ltd (SSML) is a Public Limited Indian Non-Government Company incorporated in India on 23 February 1995 and has a history of 30 years and two months. Its registered office is in Jalandhar, Punjab, 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 2.10 Cr and a paid-up capital of Rs 2.08 Cr.

The company currently has active open charges totaling ₹96.78 Cr.

Vani Vij, Ruchi Vij, and Abhishek Vij serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115PB1995PLC015888

  • Company No.

    015888

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing
Company report

Shital Spinning Mills Ltd

Explore comprehensive data for Shital Spinning Mills Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shital Spinning Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Vani Vij Country flag representing In Director 28-Feb-2022Current
Ruchi Vij Country flag representing In Director 30-Mar-2019Current
Abhishek Vij Country flag representing In Director 30-Mar-2019Current

Financial Performance of Shital Spinning Mills.

Shital Spinning Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.77% decrease. The company also saw a substantial fall in profitability, with a 78.18% decrease in profit. The company's net worth dipped by a decrease of 0.41%.

Shital Spinning Mills revenue growth over time
Shital Spinning Mills 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
-56.77%
Revenue from Operations
Total Assets
1.44%
Profit or Loss
-78.18%
Net Worth
-0.41%
EBITDA
-145.12%

What is the Ownership and Shareholding Structure of Shital Spinning Mills?

In 2023, Shital 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.78 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 94.78 Cr
  • Small Ind. Development Bank Of India : 0.75 Cr
  • Small Industries Development Bank Of India : 0.75 Cr
  • Oriental Bank Of Commerce : 0.25 Cr
  • Oriental Bank Of Commerce : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2022Others₹4.20 CrOpen
13 Sep 2013Others₹90.58 CrOpen
20 Sep 1995Oriental Bank Of Commerce₹2.50 MOpen
20 Sep 1995Oriental Bank Of Commerce₹2.50 MOpen
09 Jun 1995Small Ind. Development Bank Of India₹7.50 MOpen

How Many Employees Work at Shital Spinning Mills?

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

Employee growth trends for Shital Spinning Mills Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shital 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 Shital Spinning Mills'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 Shital Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Shital Spinning Mills Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 90.58 Cr registered on 13 Sep 2013 with Charge ID 10452387 was modified on 15 May 2023.

  • Balance Sheet

    Shital Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 4.20 Cr with Charge ID 100591913 was registered on 01 Jul 2022.

  • Director Appointment

    Vani Vij was appointed as a Director was appointed as a Director on 28 Feb 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Ruchi Vij was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 6 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Shital Spinning Mills Ltd?

    Shital Spinning Mills Ltd was incorporated on 23 Feb 1995.

  • What is authorized share capital and paid-up capital of Shital Spinning Mills Ltd?

    The authorized share capital of Shital Spinning Mills Ltd is ₹ 2.10 Cr and paid-up capital is ₹ 2.08 Cr.

  • Who are the current board members & directors of Shital Spinning Mills Ltd?

    Currently 3 directors are associated with Shital Spinning Mills Ltd.

    • Vani Vij
    • Ruchi Vij
    • Abhishek Vij

  • What is the registered address of Shital Spinning Mills Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shital Spinning Mills Ltd is C 110Focal Point Extn Jalandhar City India, Punjab, 144004.

  • What is the corporate identification number (CIN) and company number of Shital Spinning Mills Ltd?

    The corporate identification number (CIN) of Shital Spinning Mills Ltd is U17115PB1995PLC015888 and the company number is 015888 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shital Spinning Mills Ltd?

    The Official website of Shital Spinning Mills Ltd is https://www.shitalgroups.com

  • What has been the recent revenue trend for Shital Spinning Mills Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shital Spinning Mills Ltd has fallen by -56.77%.

  • What change has been observed in the net worth of Shital Spinning Mills Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shital Spinning Mills Ltd has experienced an downturn of -0.41%.

  • What are the total open charges for Shital Spinning Mills Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Shital Spinning Mills Ltd amount to ₹ 96.78 Cr.

  • When was the last Balance Sheet of Shital Spinning Mills Ltd filed with the ROC?

    The most recent Balance Sheet for Shital Spinning Mills Ltd was filed with the ROC on 31 Mar 2023.

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