Spica Elastic Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 21-06-2024
- Paid Up Capital ₹ 4.61 Cr
as on 21-06-2024
- Company Age 45 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.88 Cr
as on 21-06-2024
- Satisfied Charges ₹ 104.35 Cr
as on 21-06-2024
- Revenue -66.54%
(FY 2021)
- Profit 109.63%
(FY 2021)
- Ebitda 51.23%
(FY 2021)
- Net Worth 6.56%
(FY 2021)
- Total Assets -29.93%
(FY 2021)
About Spica Elastic
The Corporate was formerly known as Spica Elastic Limited. 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 7.00 Cr and a paid-up capital of Rs 4.61 Cr.
The company currently has active open charges totaling ₹36.88 Cr. The company has closed loans amounting to ₹104.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manish Jaitha, Amish Jaitha, Manisha Jaitha, and One other member serve as directors at the Company.
- CIN/LLPIN
U17236MH1979PTC021712
- Company No.
021712
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1979
- Date of AGM
10 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Spica Elastic Private Limited offer?
Spica Elastic Private Limited offers a wide range of products and services, including Face Mask & Medical PPE Kits, Elastic Tapes.
Who are the key members and board of directors at Spica Elastic?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Jaitha  | Managing Director | 20-Jun-1988 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sohrab Bharucha | Director | 01-Apr-2019 | Current |
| Amish Jaitha | Director | 16-Nov-1997 | Current |
| Manisha Jaitha | Director | 01-Apr-2019 | Current |
Financial Performance and Corporate Structure Insights of Spica Elastic.
Spica Elastic Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 66.54% decrease. The company also saw a substantial improvement in profitability, with a 109.63% increase in profit. The company's net worth moved up by a moderate rise of 6.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Spica Elastic?
In 2021, Spica Elastic had a promoter holding of 78.53% and a public holding of 21.47%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sonatapes Private LimitedActive 19 years 5 monthsManish Jaitha, Amish Jaitha and 1 more are mutual person
Sargam Packaging And Labels LlpActive 12 years 2 monthsManish Jaitha and Amish Jaitha are mutual person
- Spica Industries Private LimitedActive 2 years 4 months
Manish Jaitha, Amish Jaitha and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 30 Nov 2021 | ₹1.57 Cr | Open |
Others Creation Date: 30 Sep 2021 | ₹6.81 Cr | Open |
The Saraswat Co-Operative Bank Limited Creation Date: 19 Nov 2010 | ₹14.00 Cr | Open |
How Many Employees Work at Spica Elastic?
Spica Elastic has a workforce of 3 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 Spica Elastic, 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 Spica Elastic'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.
