Spinco India Limited

Company trades polyester and deals in real estate, construction, and property development.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: November 04, 2024

Spinco India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.60 M
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth 0.28%
  • Profit Growth -104.87%
  • Ebitda 41.84%
  • Net Worth -14.69%
  • Total Assets 2.48%

About Spinco India

Spinco India Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 May 1992 and has a history of 32 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 0.60 M.

The company currently has active open charges totaling ₹4.50 Cr.

Deepak Saraf, Lokesh Saraf, and Ranjana Saraf serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spincoindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100MH1992PLC066658

  • Company No.

    066658

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 May 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Spinco India?

Board Members (3)

NameDesignationAppointment DateStatus
Lokesh Saraf Country flag representing In Director 31-Jul-2018Current
Deepak Saraf Country flag representing In Director 05-May-1992Current
Ranjana Saraf Country flag representing In Director 05-May-1992Current

Financial Performance of Spinco India.

Spinco India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.28% increase. The company also saw a substantial fall in profitability, with a 104.87% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.69%.

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
0.28%
Revenue from Operations
1.99%
Total Assets
2.48%
Profit or Loss
-104.87%
Net Worth
-14.69%
EBITDA
41.84%

What is the Ownership and Shareholding Structure of Spinco India?

In 2023, Spinco India had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2021Others₹4.50 CrOpen

How Many Employees Work at Spinco India?

Unlock and access historical data on people associated with Spinco India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spinco India, 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 Spinco India'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 Spinco India

Recent activity within the organization

  • Annual General Meeting

    Spinco India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 4.50 Cr registered on 30 Jul 2021 with Charge ID 100468932 was modified on 22 Aug 2023.

    22 Aug 2023

  • Balance Sheet

    Spinco India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100468932 was registered on 30 Jul 2021.

    30 Jul 2021

  • Director Appointment

    Lokesh Deepak Saraf was appointed as a Director was appointed as a Director on 31 Jul 2018 & has been associated with this company since 6 years 6 months .

    31 Jul 2018

  • Director Appointment

    Ranjana Deepak Saraf was appointed as a Director was appointed as a Director on 05 May 1992 & has been associated with this company since 32 years 9 months .

    05 May 1992

Frequently asked questions

  • Spinco India Limited was incorporated on 05 May 1992.

  • The authorized share capital of Spinco India Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.60 M.

  • Currently 3 directors are associated with Spinco India Limited.

    • Deepak Banwarilal Saraf
    • Lokesh Deepak Saraf
    • Ranjana Deepak Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spinco India Limited is 5 Keshav Kunj Main Avenue Road Opp. Standard Chartered Bank, Santacruz (West) India, Mumbai, Maharashtra, 400054.

  • The corporate identification number (CIN) of Spinco India Limited is U70100MH1992PLC066658 and the company number is 066658 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spinco India Limited is https://www.spincoindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spinco India Limited has risen by 0.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spinco India Limited has experienced an downturn of -14.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spinco India Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Spinco India Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile Retail & Distribution