Shubham Polyspin Limited

Manufacturer of polypropylene multifilament yarn for various industries worldwide.

2012 | Mahesana, Gujarat (India) | Active
Last Updated:

Shubham Polyspin Profile

Key Indicators

  • Authorised Capital ₹ 13.01 Cr
  • Paid Up Capital ₹ 12.12 Cr
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.19 Cr
  • Satisfied Charges ₹ 25.88 Cr
  • Revenue Growth -14.75%
  • Profit Growth 23.47%
  • Ebitda 12.02%
  • Net Worth 6.12%
  • Total Assets -10.99%

About Shubham Polyspin

Shubham Polyspin Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 March 2012 and has a history of 13 years and one month. Its registered office is in Mahesana, Gujarat, India.

The Corporate was formerly known as Shubham Polyspin Private 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 13.01 Cr and a paid-up capital of Rs 12.12 Cr.

The company currently has active open charges totaling ₹30.19 Cr. The company has closed loans amounting to ₹25.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shubham Polyspin Limited India are Dhara Sanghavi as COMPANY SECRETARY and Akshay Somani as Cfo. Urva Patel, Radhika Chandak, Akshay Somani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2012PLC069319

  • Company No.

    069319

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Shubham Polyspin Limited offer?

Shubham Polyspin Limited offers a wide range of products and services, including Packaging, Laminated & Zip Bags, Printed Plastic Bag, Sewing Threads, Laces & Accessories, Cords, Bulk Bags & Sacks, Woven Bags, Industrial Fabrics and Textiles, Industrial Fabric, Plastic Bags, Yarns & Threads.

Company report

Shubham Polyspin Limited

Explore comprehensive data for Shubham Polyspin Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shubham Polyspin?

Executive Team (3)

NameDesignationAppointment DateStatus
Dhara Sanghavi Company Secretary07-Mar-2020Current
Ankit Somani Country flag representing In Managing Director12-Mar-2012Current
Akshay Somani CFO11-Aug-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Urva Patel Country flag representing In Director 04-Aug-2018Current
Radhika Chandak Country flag representing In Director 04-Aug-2018Current
Akshay Somani Country flag representing In Director 10-Jul-2018Current
Kush Kalaria Country flag representing In Director 04-Aug-2018Current
Krutika Singhvi Country flag representing In Additional Director 31-May-2024Current

Financial Performance of Shubham Polyspin.

Shubham Polyspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.75% decrease. The company also saw a substantial improvement in profitability, with a 23.47% increase in profit. The company's net worth moved up by a moderate rise of 6.12%.

Shubham Polyspin revenue growth over time
Shubham Polyspin 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
-14.75%
Revenue from Operations
-15.69%
Total Assets
-10.99%
Profit or Loss
23.47%
Net Worth
6.12%
EBITDA
12.02%

What is the Ownership and Shareholding Structure of Shubham Polyspin?

In 2023, Shubham Polyspin had a promoter holding of 72.78% and a public holding of 27.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.19 Cr

Satisfied Charges

₹25.88 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 29.55 Cr
  • Sidbi : 0.64 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2022Sidbi₹6.38 MOpen
18 May 2018Yes Bank Limited₹14.78 CrOpen
15 Mar 2018Yes Bank Limited₹14.78 CrOpen
19 Dec 2015Dena Bank₹11.79 CrSatisfied
19 Feb 2014Dena Bank₹11.79 CrSatisfied

How Many Employees Work at Shubham Polyspin?

Shubham Polyspin has a workforce of 1 employees as of Apr 09, 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 Shubham Polyspin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shubham Polyspin, 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 Shubham Polyspin'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 Shubham Polyspin

Recent activity within the organization

  • Director Appointment

    Krutika Singhvi was appointed as a Additional Director was appointed as a Additional Director on 31 May 2024 & has been associated with this company since 10 months 14 days .

  • Annual General Meeting

    Shubham Polyspin Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Shubham Polyspin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Sidbi amounted to Rs. 0.64 Cr with Charge ID 100586819 was registered on 29 Jun 2022.

  • Charges

    A charge with Yes Bank Limited of Rs. 14.78 Cr registered on 18 May 2018 with Charge ID 100178276 was modified on 16 May 2022.

  • Charges

    A charge with Yes Bank Limited of Rs. 14.78 Cr registered on 15 Mar 2018 with Charge ID 100166391 was modified on 22 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Shubham Polyspin Limited?

    Shubham Polyspin Limited was incorporated on 12 Mar 2012.

  • What is authorized share capital and paid-up capital of Shubham Polyspin Limited?

    The authorized share capital of Shubham Polyspin Limited is ₹ 13.01 Cr and paid-up capital is ₹ 12.12 Cr.

  • Who are the current board members & directors of Shubham Polyspin Limited?

    Currently 8 directors are associated with Shubham Polyspin Limited.

    • Dhara Ben Manojkumar Sanghavi
    • Urva Pragnesh Patel
    • Radhika Anand Chandak
    • Akshay Anilbhai Somani
    • Ankit Anil Somani
    • Kush Prafulbhai Kalaria
    • Krutika Singhvi
    • Akshay Anilbhai Somani

  • What is the registered address of Shubham Polyspin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shubham Polyspin Limited is Block No. 748 Saket Industrial Estate Nr. Kaneria Oil Mill Jetpura- Basantpur A Road, India, Village Borisana Taluka Kadi, Gujarat, 382728.

  • What is the corporate identification number (CIN) and company number of Shubham Polyspin Limited?

    The corporate identification number (CIN) of Shubham Polyspin Limited is U17120GJ2012PLC069319 and the company number is 069319 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shubham Polyspin Limited?

    The Official website of Shubham Polyspin Limited is https://www.shubhampolyspin.com

  • What has been the recent revenue trend for Shubham Polyspin Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shubham Polyspin Limited has fallen by -14.75%.

  • How many employees does Shubham Polyspin Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Shubham Polyspin Limited.

  • What change has been observed in the net worth of Shubham Polyspin Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shubham Polyspin Limited has experienced an upsurge of 6.12%.

  • What are the total open charges for Shubham Polyspin Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shubham Polyspin Limited amount to ₹ 30.19 Cr.

  • When was the last Balance Sheet of Shubham Polyspin Limited filed with the ROC?

    The most recent Balance Sheet for Shubham Polyspin Limited was filed with the ROC on 31 Mar 2023.

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