Shyamprakash Spinning Mills Limited

Textile company trading cotton, polyester yarn, color chemicals, and cloth since 1979.

1979 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Shyamprakash Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 3.98 Cr
  • Company Age 46 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.90 Cr
  • Satisfied Charges ₹ 3.19 Cr
  • Revenue Growth -0.66%
  • Profit Growth -82.89%
  • Ebitda -22.14%
  • Net Worth 2.47%
  • Total Assets 601.60%

About Shyamprakash Spinning Mills

Shyamprakash Spinning Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 January 1979 and has a history of 46 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Shree Mukesh Rayon & Silk Mills Private Limited. The Company is engaged in the Chemicals And Materials 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 7.00 Cr and a paid-up capital of Rs 3.98 Cr.

The company currently has active open charges totaling ₹19.90 Cr. The company has closed loans amounting to ₹3.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogendra Patel, Shyamsunder Patel, and Prakash Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1979PLC003265

  • Company No.

    003265

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
Home & Lifestyle
Company report

Shyamprakash Spinning Mills Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Prakash Patel Country flag representing In Managing Director01-Dec-1989Current

Board Members (2)

NameDesignationAppointment DateStatus
Yogendra Patel Country flag representing In Director 18-Oct-2012Current
Shyamsunder Patel Country flag representing In Director 01-Dec-1989Current

Financial Performance of Shyamprakash Spinning Mills.

Shyamprakash Spinning Mills Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.66% decrease. The company also saw a substantial fall in profitability, with a 82.89% decrease in profit. The company's net worth moved up by a moderate rise of 2.47%.

Shyamprakash Spinning Mills revenue growth over time
Shyamprakash 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
-0.66%
Revenue from Operations
-0.53%
Total Assets
601.60%
Profit or Loss
-82.89%
Net Worth
2.47%
EBITDA
-22.14%

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

In 2023, Shyamprakash 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

₹19.90 Cr

Satisfied Charges

₹3.19 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 19.90 Cr

Latest Charge Details

DateLenderAmountStatus
11 May 2018Citi Bank N.A.₹8.90 CrOpen
11 May 2018Citi Bank N.A.₹11.00 CrOpen
31 Mar 1999The Madhavpura Mercantile Co-Opeartive Bank Ltd₹1.75 CrSatisfied
01 Feb 1995Uti Asset Management Co Pvt Ltd₹0.00Satisfied
01 Feb 1995Dena Bank₹7.70 MSatisfied

How Many Employees Work at Shyamprakash Spinning Mills?

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

Employee growth trends for Shyamprakash Spinning Mills Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Shyamprakash Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 8.90 Cr with Charge ID 100223160 was registered on 11 May 2018.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 11.00 Cr with Charge ID 100223161 was registered on 11 May 2018.

  • Charges

    A charge registered on 31 Mar 1999 via Charge ID 80068236 with The Madhavpura Mercantile Co-Opeartive Bank Ltd was fully satisfied on 07 Oct 2015.

  • Director Appointment

    Yogendra Navinchandra Patel was appointed as a Director was appointed as a Director on 18 Oct 2012 & has been associated with this company since 12 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Shyamprakash Spinning Mills Limited?

    Shyamprakash Spinning Mills Limited was incorporated on 09 Jan 1979.

  • What is authorized share capital and paid-up capital of Shyamprakash Spinning Mills Limited?

    The authorized share capital of Shyamprakash Spinning Mills Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.98 Cr.

  • Who are the current board members & directors of Shyamprakash Spinning Mills Limited?

    Currently 3 directors are associated with Shyamprakash Spinning Mills Limited.

    • Yogendra Navinchandra Patel
    • Shyamsunder Purshottamdas Patel
    • Prakash Purushottamdas Patel

  • What is the registered address of Shyamprakash Spinning Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shyamprakash Spinning Mills Limited is 111, New Cloth Market O/S Raipur Gate India, Ahmedabad, Gujarat, 380002.

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

    The corporate identification number (CIN) of Shyamprakash Spinning Mills Limited is U17110GJ1979PLC003265 and the company number is 003265 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shyamprakash Spinning Mills Limited?

    The Official website of Shyamprakash Spinning Mills Limited is https://www.ashutoshfibre.com

  • What has been the recent revenue trend for Shyamprakash Spinning Mills Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shyamprakash Spinning Mills Limited has fallen by -0.66%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Shyamprakash Spinning Mills Limited has experienced an upsurge of 2.47%.

  • What are the total open charges for Shyamprakash Spinning Mills Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shyamprakash Spinning Mills Limited amount to ₹ 19.90 Cr.

  • When was the last Balance Sheet of Shyamprakash Spinning Mills Limited filed with the ROC?

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

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