Solan Spinning Mills Private Limited

Produces cotton yarn for various textile products.

2003 | Solan, Himachal Pradesh (India) | Active
Last Updated:

Solan Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.82 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.15 Cr
  • Satisfied Charges ₹ 17.67 Cr
  • Revenue Growth -25.89%
  • Profit Growth 30.40%
  • Ebitda -12.46%
  • Net Worth 1.29%
  • Total Assets -26.52%

About Solan Spinning Mills

Solan Spinning Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 2003 and has a history of 21 years and eight months. Its registered office is in Solan, Himachal Pradesh, 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 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.

Sansar Sirohi, Arvind Arora, Mithlesh Arora, and One other member serve as directors at the Company.

Company Details

  • Location

    Solan, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51311HP2003PTC000436

  • Company No.

    000436

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2003

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Manufacturing
Company report

Solan Spinning Mills Private Limited

Explore comprehensive data for Solan Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Sansar Sirohi Country flag representing In Whole-Time Director 05-Aug-2003Current
Arvind Arora Country flag representing In Whole-Time Director 01-Jan-2008Current
Mithlesh Arora Country flag representing In Director 21-Apr-2022Current
Sushila Singh Director Current

Financial Performance 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%.

Solan Spinning Mills revenue growth over time
Solan Spinning Mills 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
-25.89%
Revenue from Operations
-26.05%
Total Assets
-26.52%
Profit or Loss
30.40%
Net Worth
1.29%
EBITDA
-12.46%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.15 Cr

Satisfied Charges

₹17.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.15 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2005Others₹7.15 CrOpen
13 Jul 2020Others₹7.00 MSatisfied
13 Jul 2020Others₹1.41 CrSatisfied
13 Mar 2019Others₹0.62 MSatisfied
10 Jul 2017Hdfc Bank Limited₹8.90 CrSatisfied

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.

Employee growth trends for Solan Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

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

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 Solan Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Solan Spinning Mills Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Solan Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

  • Charges

    A charge with Others of Rs. 7.15 Cr registered on 15 Jun 2005 with Charge ID 90044772 was modified on 27 Oct 2023.

  • Director Appointment

    Mithlesh Arora was appointed as a Director was appointed as a Director on 21 Apr 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge registered on 13 Jul 2020 via Charge ID 100360909 with Others was fully satisfied on 09 Dec 2021.

  • Charges

    A charge registered on 13 Jul 2020 via Charge ID 100360911 with Others was fully satisfied on 09 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Solan Spinning Mills Private Limited?

    Solan Spinning Mills Private Limited was incorporated on 05 Aug 2003.

  • What is authorized share capital and paid-up capital of Solan Spinning Mills Private Limited?

    The authorized share capital of Solan Spinning Mills Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.82 Cr.

  • Who are the current board members & directors of Solan Spinning Mills Private Limited?

    Currently 4 directors are associated with Solan Spinning Mills Private Limited.

    • Sansar Singh Sirohi
    • Arvind Kumar Arora
    • Mithlesh Arora
    • Sushila Singh

  • What is the registered address of Solan Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solan Spinning Mills Private Limited is Village Malpur P.O. Bhud India, Baddi, Himachal Pradesh, 173205.

  • What is the corporate identification number (CIN) and company number of Solan Spinning Mills Private Limited?

    The corporate identification number (CIN) of Solan Spinning Mills Private Limited is U51311HP2003PTC000436 and the company number is 000436 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Solan Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Solan Spinning Mills Private Limited has fallen by -25.89%.

  • How many employees does Solan Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 37 employees are currently employed by Solan Spinning Mills Private Limited.

  • What change has been observed in the net worth of Solan Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Solan Spinning Mills Private Limited has experienced an upsurge of 1.29%.

  • What are the total open charges for Solan Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Solan Spinning Mills Private Limited amount to ₹ 7.15 Cr.

  • When was the last Balance Sheet of Solan Spinning Mills Private Limited filed with the ROC?

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

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