Spin Packaging Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 4.64 Cr
- Company Age 33 Year, 3 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 three 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
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LocationBilaspur, Chattisgarh
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25203CT1991PLC006713
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Company No.
006713
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Oct 1991
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
Who are the key members and board of directors at Spin Packaging?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramavtar Agrawal
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Director | 16-Oct-1991 | Current |
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Asha Agrawal
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Director | 18-Nov-2022 | Current |
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Mukesh Kedia
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Director | 23-Mar-2024 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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A. S. Fun Private LimitedMukesh Kedia is a mutual person
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Jayem Buildtech LlpRamavtar Agrawal is a mutual person
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Cpcbl Steels And Power Private Limited
Ramavtar Agrawal is a mutual person
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Chhattisgarh Power And Coal Beneficiation Limited
Ramavtar Agrawal is a mutual person
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Bilaspur Green Energy Private Limited
Ramavtar Agrawal is a mutual person
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Raziel Tieup Private Limited
Ramavtar Agrawal is a mutual person
Charges (Loans)
₹58.48 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2024 | Axis Bank Limited | ₹2.25 Cr | Open |
| 27 Sep 2021 | Axis Bank Limited | ₹31.00 Cr | Open |
| 25 Jun 2021 | Axis Bank Limited | ₹8.95 Cr | Open |
| 18 Feb 2021 | Axis Bank Limited | ₹2.05 Cr | Open |
| 30 Jun 2014 | Hdfc Bank Limited | ₹4.00 M | Open |
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.
Deals i
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
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.
