Spincotech Private Limited

Provides scientific and laboratory equipment, maintenance, repair, service work, and manufacturing of impurities and intermediates.

2002 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Spincotech Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 2.29 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.50 Cr
  • Satisfied Charges ₹ 20.74 Cr
  • Revenue Growth 18.67%
  • Profit Growth 11.85%
  • Ebitda 4.16%
  • Net Worth 20.19%
  • Total Assets 21.36%

About Spincotech

Spincotech Private Limited (SPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 2002 and has a history of 23 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Engineering 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 17.00 Cr and a paid-up capital of Rs 2.29 Cr.

The company currently has active open charges totaling ₹17.50 Cr. The company has closed loans amounting to ₹20.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Spincotech Private Limited India is Ravikumar Amurthavalli as COMPANY SECRETARY. Janani Thyagarajan, Arvind Thyagarajan, Ravindranath Cherukuri, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51507TN2002PTC048571

  • Company No.

    048571

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering
Information Technology

What products or services does Spincotech Private Limited offer?

Spincotech Private Limited offers a wide range of products and services, including Lubrication Systems and Equipment, Grease Tools, Pliers, Screwdrivers & Hammers, Hammers, Analyzers & Analytical Instruments, Chromatographic Analyzer, Building & Construction Machines, Building Tools, High Pressure Liquid Chromatography System, Laboratory & Lab Equipment.

Company report

Spincotech Private Limited

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

Who are the key members and board of directors at Spincotech?

Executive Team (2)

NameDesignationAppointment DateStatus
Thyagarajan Srinivasan Country flag representing In Managing Director07-Mar-2002Current
Ravikumar Amurthavalli Country flag representing In Company Secretary01-Sep-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Ravindranath Cherukuri Country flag representing In Whole-Time Director 24-Sep-2005Current
Arvind Thyagarajan Country flag representing In Whole-Time Director 12-Dec-2012Current
Janani Thyagarajan Country flag representing In Whole-Time Director 30-Aug-2023Current

Financial Performance of Spincotech.

Spincotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.67% increase. The company also saw a substantial improvement in profitability, with a 11.85% increase in profit. The company's net worth Soared by an impressive increase of 20.19%.

Spincotech revenue growth over time
Spincotech 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
18.67%
Revenue from Operations
17.46%
Total Assets
21.36%
Profit or Loss
11.85%
Net Worth
20.19%
EBITDA
4.16%

What is the Ownership and Shareholding Structure of Spincotech?

In 2023, Spincotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.50 Cr

Satisfied Charges

₹20.74 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 10.00 Cr
  • Others : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
13 Dec 2023Canara Bank₹10.00 CrOpen
04 Mar 2021Others₹7.50 CrOpen
27 Aug 2009Uco Bank₹4.50 CrSatisfied
27 Aug 2009Uco Bank₹4.50 CrSatisfied
28 Jan 2009Uco Bank₹2.40 CrSatisfied

How Many Employees Work at Spincotech?

Spincotech has a workforce of 396 employees as of Apr 08, 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 Spincotech Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 Cr with Charge ID 100841980 was registered on 13 Dec 2023.

  • Annual General Meeting

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

  • Director Appointment

    Janani Thyagarajan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Spincotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100442776 was registered on 04 Mar 2021.

  • Charges

    A charge registered on 18 Jan 1997 via Charge ID 90293673 with Uco Bank was fully satisfied on 10 Jul 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Spincotech Private Limited?

    Spincotech Private Limited was incorporated on 07 Mar 2002.

  • What is authorized share capital and paid-up capital of Spincotech Private Limited?

    The authorized share capital of Spincotech Private Limited is ₹ 17.00 Cr and paid-up capital is ₹ 2.29 Cr.

  • Who are the current board members & directors of Spincotech Private Limited?

    Currently 5 directors are associated with Spincotech Private Limited.

    • Ravikumar Amurthavalli
    • Janani Thyagarajan
    • Arvind Thyagarajan
    • Ravindranath Cherukuri
    • Thyagarajan Srinivasan

  • What is the registered address of Spincotech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Spincotech Private Limited is 83&84 Perungudi Industrial Estate Perungudi, Chennai, Tamil Nadu, India, 600096.

  • What is the corporate identification number (CIN) and company number of Spincotech Private Limited?

    The corporate identification number (CIN) of Spincotech Private Limited is U51507TN2002PTC048571 and the company number is 048571 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Spincotech Private Limited?

    The Official website of Spincotech Private Limited is https://www.spincotech.com

  • What has been the recent revenue trend for Spincotech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Spincotech Private Limited has risen by 18.67%.

  • How many employees does Spincotech Private Limited currently have?

    As Per 2023 financial reports, 396 employees are currently employed by Spincotech Private Limited.

  • What change has been observed in the net worth of Spincotech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Spincotech Private Limited has experienced an upsurge of 20.19%.

  • What are the total open charges for Spincotech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Spincotech Private Limited amount to ₹ 17.50 Cr.

  • When was the last Balance Sheet of Spincotech Private Limited filed with the ROC?

    The most recent Balance Sheet for Spincotech Private Limited was filed with the ROC on 31 Mar 2023.

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