Skywin Spinning Private Limited

Manufacturer of high-quality cotton yarns with global distribution and advanced technology.

2013 | Rajkot, Gujarat (India) | Active
Last Updated: November 16, 2024

Skywin Spinning Profile

Key Indicators

  • Authorised Capital ₹ 3.95 Cr
  • Paid Up Capital ₹ 3.95 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 208.93 Cr
  • Satisfied Charges ₹ 107.84 Cr
  • Revenue Growth -22.33%
  • Profit Growth -91.65%
  • Ebitda -79.59%
  • Net Worth 1.26%
  • Total Assets 2.01%

About Skywin Spinning

Skywin Spinning Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 September 2013 and has a history of 11 years and four months. Its registered office is in Rajkot, 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 3.95 Cr and a paid-up capital of Rs 3.95 Cr.

The company currently has active open charges totaling ₹208.93 Cr. The company has closed loans amounting to ₹107.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kishorbhai Radadiya, Gordhan Sorathiya, Bharatkumar Gajipara, and Six other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17291GJ2013PTC076952

  • Company No.

    076952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 2013

  • 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 Skywin Spinning?

Board Members (9)

Name Designation Appointment Date Status
Suresh Sorathiya Country flag representing In Director 01-Oct-2019 Current
Kishorbhai Radadiya Country flag representing In Director 17-Dec-2013 Current
Gordhan Sorathiya Country flag representing In Director 24-Sep-2013 Current
Bharatkumar Gajipara Country flag representing In Director 01-Oct-2019 Current
Laljibhai Barsia Country flag representing In Director 17-Dec-2013 Current
Kishorbhai Sorathiya Country flag representing In Director 24-Sep-2013 Current

Financial Performance of Skywin Spinning.

Skywin Spinning Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.33% decrease. The company also saw a substantial fall in profitability, with a 91.65% decrease in profit. The company's net worth moved up by a moderate rise of 1.26%.

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
-22.33%
Revenue from Operations
-23.78%
Total Assets
2.01%
Profit or Loss
-91.65%
Net Worth
1.26%
EBITDA
-79.59%

What is the Ownership and Shareholding Structure of Skywin Spinning?

In 2022, Skywin Spinning had a promoter holding of 30.50% and a public holding of 69.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹208.93 Cr

Satisfied Charges

₹107.84 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 125.30 Cr
  • Axis Bank Limited : 83.63 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 2023 Axis Bank Limited ₹9.90 Cr Open
09 Jun 2022 Hdfc Bank Limited ₹59.75 Cr Open
20 Dec 2018 Hdfc Bank Limited ₹37.78 Cr Open
17 Dec 2018 Hdfc Bank Limited ₹27.77 Cr Open
13 Mar 2018 Axis Bank Limited ₹73.73 Cr Open

How Many Employees Work at Skywin Spinning?

Skywin Spinning has a workforce of 50 employees as of Mar 29, 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 Skywin Spinning, 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 Skywin Spinning'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 Skywin Spinning

Recent activity within the organization

  • Annual General Meeting

    Skywin Spinning 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 Hdfc Bank Limited of Rs. 59.75 Cr registered on 09 Jun 2022 with Charge ID 100586443 was modified on 17 Sep 2024.

    17 Sep 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 73.73 Cr registered on 13 Mar 2018 with Charge ID 100167745 was modified on 17 Sep 2024.

    17 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100847034 was registered on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 37.78 Cr registered on 20 Dec 2018 with Charge ID 100232071 was modified on 03 Jan 2023.

    03 Jan 2023

Frequently asked questions

  • Skywin Spinning Private Limited was incorporated on 24 Sep 2013.

  • The authorized share capital of Skywin Spinning Private Limited is ₹ 3.95 Cr and paid-up capital is ₹ 3.95 Cr.

  • Currently 9 directors are associated with Skywin Spinning Private Limited.

    • Kishorbhai Parbatbhai Radadiya
    • Gordhan Kurjibhai Sorathiya
    • Bharatkumar Mohanlal Gajipara
    • Suresh Devjibhai Sorathiya
    • Laljibhai Dayabhai Barsia
    • Kishorbhai Tulsibhai Sorathiya
    • Ashvinbhai Tulshibhai Sorathia
    • Ishwarbhai Mohanbhai Brambholiya
    • Rajeshbhai Kalubhai Asodariya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Skywin Spinning Private Limited is Endoc Pharma Imperial Heights Tower D Office No D-601, 150 Feet Rd India, Rajkot, Gujarat, 360005.

  • The corporate identification number (CIN) of Skywin Spinning Private Limited is U17291GJ2013PTC076952 and the company number is 076952 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Skywin Spinning Private Limited is https://www.skywinspinning.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Skywin Spinning Private Limited has fallen by -22.33%.

  • As Per 2023 financial reports, 50 employees are currently employed by Skywin Spinning Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Skywin Spinning Private Limited has experienced an upsurge of 1.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Skywin Spinning Private Limited amount to ₹ 208.93 Cr.

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