Spice Island Apparels Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.30 Cr
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 8.04 Cr
- Revenue Growth -61.27%
- Profit Growth 90.71%
- Ebitda 81.69%
- Net Worth -20.01%
- Total Assets -44.80%
About Spice Island Apparels
Spice Island Apparels Limited (SIAL) is a Public Limited Indian Non-Government Company incorporated in India on 23 December 1988 and has a history of 36 years and two months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526827.
The Corporate was formerly known as Spice Island Apparels Private Limited. The Company is engaged in the Finance And Insurance 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 5.00 Cr and a paid-up capital of Rs 4.30 Cr.
The company has closed loans amounting to ₹8.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Spice Island Apparels Limited India are Sandeep Khedekar as CFO and Surbhi Pachori as Company Secretary. Umesh Katre, Shivanand Hemmady, Sandeep Merchant, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L17121MH1988PLC050197
- Company No.
050197
- Stock Symbol
BSE : 526827
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1988
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Spice Island Apparels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Khedekar | CFO | 14-Feb-2020 | Current |
| Surbhi Pachori | Company Secretary | 15-Feb-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shikha Sethia  | Additional Director | Current | |
| Umesh Katre | Director | 01-Nov-2009 | Current |
| Shivanand Hemmady | Additional Director | Current | |
| Sandeep Merchant | Additional Director | Current |
Financial Performance of Spice Island Apparels.
Spice Island Apparels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.27% decrease. The company also saw a substantial improvement in profitability, with a 90.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Spice Island Apparels?
In 2022, Spice Island Apparels had a promoter holding of 62.34% and a public holding of 37.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Arkance In Private LimitedShikha Sethia is a mutual person
Seven Islands Ventures Private LimitedUmesh Katre is a mutual person
The Central Province Railways Company LimitedShivanand Hemmady is a mutual person
- Killick Paints Private Limited
Shivanand Hemmady is a mutual person
- Lodestar Slotted Angles Limited
Shivanand Hemmady is a mutual person
- Killick Exports Limited
Shivanand Hemmady is a mutual person
Charges (Loans)
₹0
₹8.04 Cr
Charges Breakdown by Lending Institutions
- Vijaya Bank : 6.32 Cr
- Kotak Mahindra Prime Limited : 1.16 Cr
- Others : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2020 | Others | ₹3.10 M | Satisfied |
| 16 Aug 2016 | Others | ₹2.50 M | Satisfied |
| 10 Sep 2015 | Kotak Mahindra Prime Limited | ₹3.50 M | Satisfied |
| 26 Jun 2015 | Kotak Mahindra Prime Limited | ₹1.12 M | Satisfied |
| 28 May 2015 | Kotak Mahindra Prime Limited | ₹1.94 M | Satisfied |
How Many Employees Work at Spice Island Apparels?
Unlock and access historical data on people associated with Spice Island Apparels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Spice Island Apparels, 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 Spice Island Apparels'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
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