Singhal Spintex Private Limited

Produces and sells textiles through manufacturing and trading.

1996 | Delhi (India) | Active
Last Updated: November 15, 2024

Singhal Spintex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.98 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 59.12 Cr
  • Satisfied Charges ₹ 74.76 Cr
  • Revenue Growth -8.39%
  • Profit Growth -68.26%
  • Ebitda -16.60%
  • Net Worth 6.15%
  • Total Assets 17.68%

About Singhal Spintex

Singhal Spintex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 1996 and has a history of 28 years and ten months. Its registered office is in Delhi, India.

The Corporate was formerly known as Singhal Spintex 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.98 Cr.

The company currently has active open charges totaling ₹59.12 Cr. The company has closed loans amounting to ₹74.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Punit Singhal, Ram Singhal, and Sumit Singhal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17114DL1996PTC077188

  • Company No.

    077188

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Singhal Spintex Private Limited offer?

Singhal Spintex Private Limited offers a wide range of products and services, including Silk Yarn, Spun Silk Yarn, Yarns & Threads, Natural Fiber Yarns, Paper Bags, Gifts & Paper Products, Paper Cones, Furnishing Yarns, Filament Yarn, Multifilament Yarn.

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

Board Members (3)

Name Designation Appointment Date Status
Punit Singhal Country flag representing In Whole-Time Director 25-Oct-2005 Current
Ram Singhal Country flag representing In Whole-Time Director 16-Jan-1997 Current
Sumit Singhal Country flag representing In Whole-Time Director 16-May-2005 Current

Financial Performance of Singhal Spintex.

Singhal Spintex Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.39% decrease. The company also saw a substantial fall in profitability, with a 68.26% decrease in profit. The company's net worth moved up by a moderate rise of 6.15%.

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
-8.39%
Revenue from Operations
-7.61%
Total Assets
17.68%
Profit or Loss
-68.26%
Net Worth
6.15%
EBITDA
-16.60%

What is the Ownership and Shareholding Structure of Singhal Spintex?

In 2023, Singhal Spintex had a promoter holding of 63.82% and a public holding of 36.18%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.12 Cr

Satisfied Charges

₹74.76 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 58.67 Cr
  • Others : 0.30 Cr
  • Punjab National Bank : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
22 Apr 2024 Others ₹3.00 M Open
21 Oct 2022 Hdfc Bank Limited ₹2.16 M Open
30 Aug 2022 Hdfc Bank Limited ₹1.35 M Open
26 Apr 2022 Hdfc Bank Limited ₹58.32 Cr Open
04 Feb 2012 Punjab National Bank ₹1.50 M Open

How Many Employees Work at Singhal Spintex?

Singhal Spintex has a workforce of 146 employees as of Apr 06, 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 Singhal Spintex, 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 Singhal Spintex'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 Singhal Spintex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100934873 was registered on 22 Apr 2024.

    22 Apr 2024

  • Balance Sheet

    Singhal Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 58.32 Cr registered on 26 Apr 2022 with Charge ID 100581277 was modified on 16 Mar 2023.

    16 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100679836 was registered on 21 Oct 2022.

    21 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100649043 was registered on 30 Aug 2022.

    30 Aug 2022

Frequently asked questions

  • Singhal Spintex Private Limited was incorporated on 15 Mar 1996.

  • The authorized share capital of Singhal Spintex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.98 Cr.

  • Currently 3 directors are associated with Singhal Spintex Private Limited.

    • Punit Singhal
    • Ram Rishi Singhal
    • Sumit Singhal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Singhal Spintex Private Limited is 1224/5 1St Floor Suchit Complex Naiwala Bank Street, Karol Bagh India, Delhi, 110005.

  • The corporate identification number (CIN) of Singhal Spintex Private Limited is U17114DL1996PTC077188 and the company number is 077188 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Singhal Spintex Private Limited is https://www.ssplyarns.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Singhal Spintex Private Limited has fallen by -8.39%.

  • As Per 2023 financial reports, 146 employees are currently employed by Singhal Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Singhal Spintex Private Limited has experienced an upsurge of 6.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Singhal Spintex Private Limited amount to ₹ 59.12 Cr.

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

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