Spell Organics Limited

Manufacturer of emulsifiers for bakery, confectionery, chocolate, and cosmetics industries, exporting to 30 countries.

1988 | Delhi (India) | Active
Last Updated: November 16, 2024

Spell Organics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.57 M
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.54 Cr
  • Satisfied Charges ₹ 4.47 Cr
  • Revenue Growth 28.48%
  • Profit Growth 40.17%
  • Ebitda 14.55%
  • Net Worth 11.79%
  • Total Assets 9.26%

About Spell Organics

Spell Organics Limited (SOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 1988 and has a history of 36 years and seven months. Its registered office is in Delhi, India.

The Company is engaged in the Food And Beverages 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 Cr and a paid-up capital of Rs 4.57 M.

The company currently has active open charges totaling ₹9.54 Cr. The company has closed loans amounting to ₹4.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Mundhra, Balram Singi, and Ramavtar Sharma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24239DL1988PLC031991

  • Company No.

    031991

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1988

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

What products or services does Spell Organics Limited offer?

Spell Organics Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Cosmetic Chemical, Glycerine, Glycerol Monostearate, Food Emulsifiers, Glycerol Monooleate, Industrial Chemicals & Supplies, Chemical Intermediates, Flavours & Aromatics, Food Additive.

Who are the key members and board of directors at Spell Organics?

Executive Team (1)

Name Designation Appointment Date Status
Suresh Mundhra Country flag representing In Managing Director 22-Sep-1995 Current

Board Members (2)

Name Designation Appointment Date Status
Balram Singi Country flag representing In Director 24-Dec-2001 Current
Ramavtar Sharma Country flag representing In Whole-Time Director 29-Mar-2011 Current

Financial Performance of Spell Organics.

Spell Organics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.48% increase. The company also saw a substantial improvement in profitability, with a 40.17% increase in profit. The company's net worth Soared by an impressive increase of 11.79%.

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
28.48%
Revenue from Operations
28.64%
Total Assets
9.26%
Profit or Loss
40.17%
Net Worth
11.79%
EBITDA
14.55%

What is the Ownership and Shareholding Structure of Spell Organics?

In 2023, Spell Organics had a promoter holding of 77.66% and a public holding of 22.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.54 Cr

Satisfied Charges

₹4.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.30 Cr
  • Ing Vysya Bank Ltd : 2.24 Cr

Latest Charge Details

Date Lender Amount Status
13 Aug 2024 Others ₹1.54 Cr Open
30 Oct 2021 Others ₹2.60 M Open
02 Jun 2020 Others ₹4.95 M Open
10 Jan 2008 Others ₹5.00 Cr Open
10 Apr 2003 Ing Vysya Bank Ltd ₹1.16 Cr Open

How Many Employees Work at Spell Organics?

Spell Organics has a workforce of 6 employees as of Apr 02, 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 Spell Organics, 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 Spell Organics'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 Spell Organics

Recent activity within the organization

  • Annual General Meeting

    Spell Organics Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.54 Cr with Charge ID 100967585 was registered on 13 Aug 2024.

    13 Aug 2024

  • Balance Sheet

    Spell Organics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 23 Apr 2020 via Charge ID 100336364 with Others was fully satisfied on 06 Jul 2022.

    06 Jul 2022

  • Charges

    A charge registered on 21 Jan 2008 via Charge ID 10086179 with Punjab National Bank was fully satisfied on 06 Jul 2022.

    06 Jul 2022

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 10 Jan 2008 with Charge ID 10086180 was modified on 07 Feb 2022.

    07 Feb 2022

Frequently asked questions

  • Spell Organics Limited was incorporated on 07 Jun 1988.

  • The authorized share capital of Spell Organics Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.57 M.

  • Currently 3 directors are associated with Spell Organics Limited.

    • Suresh Kumar Mundhra
    • Balram Singi
    • Ramavtar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spell Organics Limited is 16/2-B, Ansari Road Daryaganj India, New Delhi, 110002.

  • The corporate identification number (CIN) of Spell Organics Limited is U24239DL1988PLC031991 and the company number is 031991 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spell Organics Limited is https://www.spellorganics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spell Organics Limited has risen by 28.48%.

  • As Per 2023 financial reports, 6 employees are currently employed by Spell Organics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spell Organics Limited has experienced an upsurge of 11.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spell Organics Limited amount to ₹ 9.54 Cr.

  • The most recent Balance Sheet for Spell Organics Limited was filed with the ROC on 31 Mar 2024.

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