Siddhartha Super Spinning Mills Ltd

Manufacturer of synthetic yarn from manmade fibres in Himachal Pradesh since 1980.

1980 | Himachal Pradesh, Himachal Pradesh (India) | Active
Last Updated: October 23, 2024

Siddhartha Super Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.75 Cr
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.20 Cr
  • Satisfied Charges ₹ 113.68 Cr
  • Revenue Growth 20.39%
  • Profit Growth 42.84%
  • Ebitda -8.12%
  • Net Worth 16.07%
  • Total Assets 0.02%

About Siddhartha Super Spinning Mills

Siddhartha Super Spinning Mills Ltd (SSSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 August 1980 and has a history of 44 years and six months. Its registered office is in Himachal Pradesh, Himachal Pradesh.

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 15.00 Cr and a paid-up capital of Rs 12.75 Cr.

The company currently has active open charges totaling ₹47.20 Cr. The company has closed loans amounting to ₹113.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Siddhartha Super Spinning Mills Ltd India are Neha Chopra as COMPANY SECRETARY and Harsh Gulati as Cfo. Dharmendra Goyal, Ramgopal Agarwal, Madangopal Rathi, and Three other members serve as directors at the Company.

Company Details

  • Location Himachal Pradesh, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115HP1980PLC025940

  • Company No.

    025940

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Neha Chopra Company Secretary06-Sep-2024Current
Harsh Gulati Country flag representing In CFO14-Aug-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Dharmendra Goyal Country flag representing In Director 16-Aug-2005Current
Ramgopal Agarwal Country flag representing In Whole-Time Director 29-May-2006Current
Madangopal Rathi Country flag representing In Director 29-May-2006Current
Vishal Agarwal Country flag representing In Director 01-Feb-2013Current
Manjushree Mohta Country flag representing In Director 31-Mar-2015Current
Laxminarayan Taparia Country flag representing In Director 13-Aug-2011Current

Financial Performance of Siddhartha Super Spinning Mills.

Siddhartha Super Spinning Mills Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 20.39% increase. The company also saw a substantial improvement in profitability, with a 42.84% increase in profit. The company's net worth Soared by an impressive increase of 16.07%.

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
20.39%
Revenue from Operations
19.98%
Total Assets
0.02%
Profit or Loss
42.84%
Net Worth
16.07%
EBITDA
-8.12%

What is the Ownership and Shareholding Structure of Siddhartha Super Spinning Mills?

In 2023, Siddhartha Super Spinning Mills had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.20 Cr

Satisfied Charges

₹113.68 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 47.00 Cr
  • Axis Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2021State Bank Of India₹27.50 CrOpen
09 Jul 2018Axis Bank Limited₹1.97 MOpen
13 Apr 2013State Bank Of India₹19.50 CrOpen
17 Jul 2015Janakalyan Sahakari Bank Limited₹7.00 CrSatisfied
11 Aug 2014Janakalyan Sahakari Bank Limtied₹1.50 CrSatisfied

How Many Employees Work at Siddhartha Super Spinning Mills?

Siddhartha Super Spinning Mills has a workforce of 845 employees as of Apr 07, 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 Siddhartha Super 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 Siddhartha Super 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 Siddhartha Super Spinning Mills

Recent activity within the organization

  • Director Appointment

    Neha Chopra was appointed as a Company Secretary was appointed as a Company Secretary on 06 Sep 2024 & has been associated with this company since 5 months 17 days .

    06 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 19.50 Cr registered on 13 Apr 2013 with Charge ID 10430371 was modified on 25 Jun 2024.

    25 Jun 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Siddhartha Super Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 27.50 Cr registered on 17 Sep 2021 with Charge ID 100486899 was modified on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 27.50 Cr with Charge ID 100486899 was registered on 17 Sep 2021.

    17 Sep 2021

Frequently asked questions

  • Siddhartha Super Spinning Mills Ltd was incorporated on 13 Aug 1980.

  • The authorized share capital of Siddhartha Super Spinning Mills Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 12.75 Cr.

  • Currently 8 directors are associated with Siddhartha Super Spinning Mills Ltd.

    • Dharmendra Mohandas Goyal
    • Ramgopal Satyanarayan Agarwal
    • Madangopal Bhairudan Rathi
    • Vishal Rajendra Prasad Agarwal
    • Manjushree Balkishan Mohta
    • Laxminarayan Taparia
    • Neha Chopra
    • Harsh Dev Gulati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddhartha Super Spinning Mills Ltd is Siddhartha Super Spinningmills Ltd Vpo Nihla Khera Nalagarh Distt Solan India, Himachal Pradesh.

  • The corporate identification number (CIN) of Siddhartha Super Spinning Mills Ltd is U17115HP1980PLC025940 and the company number is 025940 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Siddhartha Super Spinning Mills Ltd has risen by 20.39%.

  • As Per 2023 financial reports, 845 employees are currently employed by Siddhartha Super Spinning Mills Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Siddhartha Super Spinning Mills Ltd has experienced an upsurge of 16.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Siddhartha Super Spinning Mills Ltd amount to ₹ 47.20 Cr.

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

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