Solan Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 29-07-2024
- Paid Up Capital ₹ 1.82 Cr
as on 29-07-2024
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.15 Cr
as on 29-07-2024
- Satisfied Charges ₹ 17.67 Cr
as on 29-07-2024
- Revenue -25.89%
(FY 2023)
- Profit 30.40%
(FY 2023)
- Ebitda -8.41%
(FY 2023)
- Net Worth 1.29%
(FY 2023)
- Total Assets -26.52%
(FY 2023)
About Solan Spinning Mills
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 2.00 Cr and a paid-up capital of Rs 1.82 Cr.
The company currently has active open charges totaling ₹7.15 Cr. The company has closed loans amounting to ₹17.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sushila Singh, Mithlesh Arora, Arvind Arora, and One other member serve as directors at the Company.
- CIN/LLPIN
U51311HP2003PTC000436
- Company No.
000436
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Aug 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Himachal Pradesh
Industry
Company Details
- Location
Baddi, Himachal Pradesh, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Solan Spinning Mills?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sushila Singh | Additional Director | Current | |
Mithlesh Arora  | Director | 21-Apr-2022 | Current |
| Arvind Arora | Whole-Time Director | 01-Jan-2008 | Current |
| Sansar Sirohi | Whole-Time Director | 05-Aug-2003 | Current |
Financial Performance and Corporate Structure Insights of Solan Spinning Mills.
Solan Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.89% decrease. The company also saw a substantial improvement in profitability, with a 30.4% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Solan Spinning Mills?
In 2023, Solan 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.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Jun 2005 | ₹7.15 Cr | Open |
Others Creation Date: 13 Jul 2020 | ₹7.00 M | Satisfied |
Others Creation Date: 13 Jul 2020 | ₹1.41 Cr | Satisfied |
How Many Employees Work at Solan Spinning Mills?
Solan Spinning Mills has a workforce of 37 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solan 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 Solan Spinning Mills's trajectory.
Rating
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
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.
