Spin Packaging Limited.

Produces industrial packaging products such as bags and containers made from various materials.

1991 | Bilaspur, Chattisgarh (India) | Active
Last Updated:

Spin Packaging Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 4.64 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 58.48 Cr
  • Satisfied Charges ₹ 19.80 Cr
  • Revenue Growth -32.44%
  • Profit Growth -98.24%
  • Ebitda -110.05%
  • Net Worth -1.06%
  • Total Assets -0.02%

About Spin Packaging

Spin Packaging Limited. (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1991 and has a history of 33 years and four months. Its registered office is in Bilaspur, Chattisgarh.

The Corporate was formerly known as Spin Packaging Private Limited. The Company is engaged in the Packaging 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 9.00 Cr and a paid-up capital of Rs 4.64 Cr.

The company currently has active open charges totaling ₹58.48 Cr. The company has closed loans amounting to ₹19.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramavtar Agrawal, Asha Agrawal, and Mukesh Kedia serve as directors at the Company.

Company Details

  • Location Bilaspur, Chattisgarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25203CT1991PLC006713

  • Company No.

    006713

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Packaging
Company report

Spin Packaging Limited.

Explore comprehensive data for Spin Packaging Limited., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Spin Packaging?

Board Members (3)

NameDesignationAppointment DateStatus
Ramavtar Agrawal Country flag representing In Director 16-Oct-1991Current
Asha Agrawal Country flag representing In Director 18-Nov-2022Current
Mukesh Kedia Country flag representing In Director 23-Mar-2024Current

Financial Performance of Spin Packaging.

Spin Packaging Limited., for the financial year ended 2023, experienced significant reduction in revenue, with a 32.44% decrease. The company also saw a substantial fall in profitability, with a 98.24% decrease in profit. The company's net worth dipped by a decrease of 1.06%.

Spin Packaging revenue growth over time
Spin Packaging 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
-32.44%
Revenue from Operations
-32.70%
Total Assets
-0.02%
Profit or Loss
-98.24%
Net Worth
-1.06%
EBITDA
-110.05%

What is the Ownership and Shareholding Structure of Spin Packaging?

In 2023, Spin Packaging had a promoter holding of 18.43% and a public holding of 81.57%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹58.48 Cr

Satisfied Charges

₹19.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 44.25 Cr
  • Bank Of India : 10.18 Cr
  • State Bank Of India : 2.75 Cr
  • Hdfc Bank Limited : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2024Axis Bank Limited₹2.25 CrOpen
27 Sep 2021Axis Bank Limited₹31.00 CrOpen
25 Jun 2021Axis Bank Limited₹8.95 CrOpen
18 Feb 2021Axis Bank Limited₹2.05 CrOpen
30 Jun 2014Hdfc Bank Limited₹4.00 MOpen

How Many Employees Work at Spin Packaging?

Spin Packaging has a workforce of 107 employees as of Mar 30, 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 Spin Packaging Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spin Packaging, 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 Spin Packaging'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 Spin Packaging

Recent activity within the organization

  • Annual General Meeting

    Spin Packaging Limited. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.25 Cr with Charge ID 100972283 was registered on 28 May 2024.

  • Balance Sheet

    Spin Packaging Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Director Appointment

    Mukesh Kedia was appointed as a Director was appointed as a Director on 23 Mar 2024 & has been associated with this company since 11 months 20 days .

  • Director Appointment

    Asha Devi Agrawal was appointed as a Director was appointed as a Director on 18 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge with Axis Bank Limited of Rs. 31.00 Cr registered on 27 Sep 2021 with Charge ID 100485249 was modified on 21 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Spin Packaging Limited.?

    Spin Packaging Limited. was incorporated on 16 Oct 1991.

  • What is authorized share capital and paid-up capital of Spin Packaging Limited.?

    The authorized share capital of Spin Packaging Limited. is ₹ 9.00 Cr and paid-up capital is ₹ 4.64 Cr.

  • Who are the current board members & directors of Spin Packaging Limited.?

    Currently 3 directors are associated with Spin Packaging Limited..

    • Ramavtar Agrawal
    • Asha Devi Agrawal
    • Mukesh Kedia

  • What is the registered address of Spin Packaging Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Spin Packaging Limited. is Sector-C Plot No.61 621 Industrial Estate Sirggitti, India, Bilaspur, Chattisgarh.

  • What is the corporate identification number (CIN) and company number of Spin Packaging Limited.?

    The corporate identification number (CIN) of Spin Packaging Limited. is U25203CT1991PLC006713 and the company number is 006713 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Spin Packaging Limited.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Spin Packaging Limited. has fallen by -32.44%.

  • How many employees does Spin Packaging Limited. currently have?

    As Per 2023 financial reports, 107 employees are currently employed by Spin Packaging Limited..

  • What change has been observed in the net worth of Spin Packaging Limited., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Spin Packaging Limited. has experienced an downturn of -1.06%.

  • What are the total open charges for Spin Packaging Limited.?

    As per the financial statements for fiscal Year 2023, The total open charges for Spin Packaging Limited. amount to ₹ 58.48 Cr.

  • When was the last Balance Sheet of Spin Packaging Limited. filed with the ROC?

    The most recent Balance Sheet for Spin Packaging Limited. was filed with the ROC on 31 Mar 2024.

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