Spangle Clothing Private Limited
Manufactures, trades, and exports various types of clothing and accessories in India and abroad.
2020 | Indore, Madhya Pradesh (India) | Active
Spangle Clothing Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 4 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.50 Cr
- Satisfied Charges ₹ 2.30 Cr
- Revenue Growth 227.56%
- Profit Growth 544.88%
- Ebitda 41.36%
- Net Worth 54.09%
- Total Assets 181.27%
About Spangle Clothing
Spangle Clothing Private Limited (SCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 July 2020 (Four years and ten months 22 days old ). Its registered office is in Indore, Madhya Pradesh, India.
The Company is engaged in the Fashion And Textile 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 1.00 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹6.50 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Shah, Haresh Shah, Abhishek Shah, and One other member serve as directors at the Company.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18109MP2020PTC051674
- Company No.
051674
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jul 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Fashion and Textile
Spangle Clothing Private Limited
Explore comprehensive data for Spangle Clothing Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Spangle Clothing?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Shah  | Whole-Time Director | 03-Jul-2020 | Current |
| Haresh Shah | Whole-Time Director | 03-Jul-2020 | Current |
| Abhishek Shah | Whole-Time Director | 03-Jul-2020 | Current |
| Manish Shah | Whole-Time Director | 03-Jul-2020 | Current |
Financial Performance of Spangle Clothing.
Spangle Clothing Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 227.56% increase. The company also saw a substantial improvement in profitability, with a 544.88% increase in profit. The company's net worth Soared by an impressive increase of 54.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Spangle Clothing?
In 2022, Spangle Clothing had a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Accrual Builders Llp
Rajesh Shah is a mutual person
- Greenstitch Apparel Private Limited
Rajesh Shah, Haresh Shah and 2 more are mutual person
- A R Infra (India) Private Limited
Rajesh Shah is a mutual person
Charges (Loans)
Open Charges
₹65.00 M
Satisfied Charges
₹23.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 6.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2022 | Axis Bank Limited | ₹6.50 Cr | Open |
| 24 Sep 2020 | Others | ₹1.80 Cr | Satisfied |
| 24 Sep 2020 | Others | ₹5.00 M | Satisfied |
How Many Employees Work at Spangle Clothing?
Spangle Clothing has a workforce of 122 employees as of Apr 07, 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 Spangle Clothing, 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 Spangle Clothing'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.
Latest Updates, News, and FAQs on Spangle Clothing
Recent activity within the organization
- Annual General Meeting
Spangle Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Spangle Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
- Charges
A charge registered on 24 Sep 2020 via Charge ID 100377638 with Others was fully satisfied on 13 Oct 2022.
- Charges
A charge registered on 24 Sep 2020 via Charge ID 100377646 with Others was fully satisfied on 13 Oct 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 65.00 M with Charge ID 100622553 was registered on 06 Sep 2022.
- Charges
A charge with Others amounted to Rs. 18.00 M with Charge ID 100377638 was registered on 24 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Spangle Clothing Private Limited?
Spangle Clothing Private Limited was incorporated on 03 Jul 2020.
What is authorized share capital and paid-up capital of Spangle Clothing Private Limited?
The authorized share capital of Spangle Clothing Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Spangle Clothing Private Limited?
Currently 4 directors are associated with Spangle Clothing Private Limited.
- Rajesh Shah
- Haresh Shah
- Abhishek Shah
- Manish Shah
What is the registered address of Spangle Clothing Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spangle Clothing Private Limited is 14, Gas House Road India, Indore, Madhya Pradesh, 452001.
What is the corporate identification number (CIN) and company number of Spangle Clothing Private Limited?
The corporate identification number (CIN) of Spangle Clothing Private Limited is U18109MP2020PTC051674 and the company number is 051674 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Spangle Clothing Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Spangle Clothing Private Limited has risen by 227.56%.
How many employees does Spangle Clothing Private Limited currently have?
As Per 2022 financial reports, 122 employees are currently employed by Spangle Clothing Private Limited.
What change has been observed in the net worth of Spangle Clothing Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Spangle Clothing Private Limited has experienced an upsurge of 54.09%.
What are the total open charges for Spangle Clothing Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Spangle Clothing Private Limited amount to ₹ 6.50 Cr.
When was the last Balance Sheet of Spangle Clothing Private Limited filed with the ROC?
The most recent Balance Sheet for Spangle Clothing Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records