Shriniwas Spintex Industries Private Limited

Leading cotton yarn manufacturer with 18,240 spindles in Maharashtra, founded by Mr Gopal Rathi.

2013 | Wardha, Maharashtra (India) | Active
Last Updated:

Shriniwas Spintex Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 154.33 Cr
  • Revenue Growth 6.51%
  • Profit Growth 34.44%
  • Ebitda 102.40%
  • Net Worth 14.28%
  • Total Assets 8.21%

About Shriniwas Spintex Industries

Shriniwas Spintex Industries Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 December 2013 and has a history of 11 years and two months. Its registered office is in Wardha, Maharashtra, 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹154.33 Cr.

Govind Rathi and Sandeep Joshi serve as directors at the Company.

Company Details

  • Location

    Wardha, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17200MH2013PTC251074

  • Company No.

    251074

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Govind Rathi Country flag representing In Director 17-Dec-2013Current
Sandeep Joshi Country flag representing In Director 22-Jan-2020Current

Financial Performance of Shriniwas Spintex Industries.

Shriniwas Spintex Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.51% increase. The company also saw a substantial improvement in profitability, with a 34.44% increase in profit. The company's net worth Soared by an impressive increase of 14.28%.

Shriniwas Spintex Industries revenue growth over time
Shriniwas Spintex Industries 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
6.51%
Revenue from Operations
7.97%
Total Assets
8.21%
Profit or Loss
34.44%
Net Worth
14.28%
EBITDA
102.40%

What is the Ownership and Shareholding Structure of Shriniwas Spintex Industries?

In 2023, Shriniwas Spintex Industries 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

₹154.33 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 154.33 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2024Others₹39.34 CrOpen
01 Feb 2024Others₹47.50 CrOpen
07 Mar 2022Others₹4.99 CrOpen
20 Feb 2016Others₹62.50 CrOpen

How Many Employees Work at Shriniwas Spintex Industries?

Shriniwas Spintex Industries has a workforce of 36 employees as of Mar 29, 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 Shriniwas Spintex Industries Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 39.34 Cr with Charge ID 100941453 was registered on 07 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 47.50 Cr with Charge ID 100865580 was registered on 01 Feb 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Shriniwas Spintex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 62.50 Cr registered on 20 Feb 2016 with Charge ID 100046323 was modified on 29 Sep 2022.

  • Charges

    A charge with Others amounted to Rs. 4.99 Cr with Charge ID 100558062 was registered on 07 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Shriniwas Spintex Industries Private Limited?

    Shriniwas Spintex Industries Private Limited was incorporated on 17 Dec 2013.

  • What is authorized share capital and paid-up capital of Shriniwas Spintex Industries Private Limited?

    The authorized share capital of Shriniwas Spintex Industries Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Shriniwas Spintex Industries Private Limited?

    Currently 2 directors are associated with Shriniwas Spintex Industries Private Limited.

    • Govind Gopaldas Rathi
    • Sandeep Ramesh Joshi

  • What is the registered address of Shriniwas Spintex Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shriniwas Spintex Industries Private Limited is H. No. 9, Gandhi Ward India, Hinganghat, Maharashtra, 442301.

  • What is the corporate identification number (CIN) and company number of Shriniwas Spintex Industries Private Limited?

    The corporate identification number (CIN) of Shriniwas Spintex Industries Private Limited is U17200MH2013PTC251074 and the company number is 251074 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Shriniwas Spintex Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shriniwas Spintex Industries Private Limited has risen by 6.51%.

  • How many employees does Shriniwas Spintex Industries Private Limited currently have?

    As Per 2023 financial reports, 36 employees are currently employed by Shriniwas Spintex Industries Private Limited.

  • What change has been observed in the net worth of Shriniwas Spintex Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shriniwas Spintex Industries Private Limited has experienced an upsurge of 14.28%.

  • What are the total open charges for Shriniwas Spintex Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shriniwas Spintex Industries Private Limited amount to ₹ 154.33 Cr.

  • When was the last Balance Sheet of Shriniwas Spintex Industries Private Limited filed with the ROC?

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

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