Siddhi Spinners Private Limited

Manufactures and distributes various types of yarn and fibers domestically and internationally.

2001 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: December 12, 2024

Siddhi Spinners Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Satisfied Charges ₹ 3.17 Cr
  • Revenue Growth 6.02%
  • Profit Growth -23.45%
  • Ebitda -41.62%
  • Net Worth 13.06%
  • Total Assets -7.67%

About Siddhi Spinners

Siddhi Spinners Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 October 2001 and has a history of 23 years and four months. Its registered office is in Gandhi Nagar, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹3.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chirag Patel, Sevantilal Patel, and Arun Khatri serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ2001PTC040071

  • Company No.

    040071

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Siddhi Spinners?

Board Members (3)

Name Designation Appointment Date Status
Arun Khatri Country flag representing In Director 16-Aug-2004 Current
Chirag Patel Country flag representing In Director 16-Aug-2004 Current
Sevantilal Patel Country flag representing In Director 30-Mar-2003 Current

Financial Performance of Siddhi Spinners.

Siddhi Spinners Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 6.02% increase. The company also saw a substantial fall in profitability, with a 23.45% decrease in profit. The company's net worth Soared by an impressive increase of 13.06%.

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
6.02%
Revenue from Operations
5.24%
Total Assets
-7.67%
Profit or Loss
-23.45%
Net Worth
13.06%
EBITDA
-41.62%

What is the Ownership and Shareholding Structure of Siddhi Spinners?

In 2021, Siddhi Spinners had a promoter holding of 57.15% and a public holding of 42.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.01 M

Satisfied Charges

₹31.70 M

Charges Breakdown by Lending Institutions

  • Gujrat State Financial Corporation : 1.30 Cr

Latest Charge Details

Date Lender Amount Status
23 Jul 2003 Gujrat State Financial Corporation ₹1.30 Cr Open
22 Sep 2017 Others ₹1.16 Cr Satisfied
08 Sep 2017 Others ₹6.00 M Satisfied
30 May 2017 Others ₹5.60 M Satisfied
24 May 2017 Others ₹5.60 M Satisfied

How Many Employees Work at Siddhi Spinners?

Siddhi Spinners has a workforce of 7 employees as of Apr 08, 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 Siddhi Spinners, 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 Siddhi Spinners'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 Siddhi Spinners

Recent activity within the organization

  • Annual General Meeting

    Siddhi Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Siddhi Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 22 Sep 2017 via Charge ID 100166656 with Others was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge registered on 08 Sep 2017 via Charge ID 100156356 with Others was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge registered on 30 May 2017 via Charge ID 100109777 with Others was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge registered on 24 May 2017 via Charge ID 100109775 with Others was fully satisfied on 03 Jan 2024.

    03 Jan 2024

Frequently asked questions

  • Siddhi Spinners Private Limited was incorporated on 03 Oct 2001.

  • The authorized share capital of Siddhi Spinners Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.

  • Currently 3 directors are associated with Siddhi Spinners Private Limited.

    • Chirag Sevantibhai Patel
    • Sevantilal Ganeshbhai Patel
    • Arun Mathurbhai Khatri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Spinners Private Limited is 225 Dantali Industrial Estate Gota Vadsar Road Village: Dantali, Taluka: India, Kalol, Gujarat, 382721.

  • The corporate identification number (CIN) of Siddhi Spinners Private Limited is U17119GJ2001PTC040071 and the company number is 040071 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Siddhi Spinners Private Limited has risen by 6.02%.

  • As Per 2021 financial reports, 7 employees are currently employed by Siddhi Spinners Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Siddhi Spinners Private Limited has experienced an upsurge of 13.06%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Siddhi Spinners Private Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for Siddhi Spinners Private Limited was filed with the ROC on 31 Mar 2024.