Spinglow Textiles Limited

Textile company specializing in all aspects of cotton, silk, wool, and other fabric production and trade.

2010 | Guntur, Andhra Pradesh (India) | Active
Last Updated:

Spinglow Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth -44.20%
  • Profit Growth 146.50%
  • Ebitda 148.78%
  • Net Worth 185.33%
  • Total Assets 305.03%

About Spinglow Textiles

Spinglow Textiles Limited (STL) is a Public Limited Indian Non-Government Company incorporated in India on 12 April 2010 and has a history of 14 years and ten months. Its registered office is in Guntur, Andhra Pradesh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.00 Cr.

Anne Priya, Lavakumar Dasari, and Sathyanandam Guntagani serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17291AP2010PLC067906

  • Company No.

    067906

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2010

  • Date of AGM

    28 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Spinglow Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Anne Priya Country flag representing In Director 08-Nov-2014Current
Lavakumar Dasari Country flag representing In Additional Director 13-Oct-2018Current
Sathyanandam Guntagani Country flag representing In Additional Director 13-Oct-2018Current

Financial Performance of Spinglow Textiles.

Spinglow Textiles Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 44.2% decrease. The company also saw a substantial improvement in profitability, with a 146.5% increase in profit. The company's net worth Soared by an impressive increase of 185.33%.

Spinglow Textiles revenue growth over time
Spinglow Textiles 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
-44.20%
Revenue from Operations
-44.89%
Total Assets
305.03%
Profit or Loss
146.50%
Net Worth
185.33%
EBITDA
148.78%

What is the Ownership and Shareholding Structure of Spinglow Textiles?

In 2016, Spinglow Textiles 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

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2014City Union Bank₹1.00 CrOpen

How Many Employees Work at Spinglow Textiles?

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

Employee growth trends for Spinglow Textiles Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Lavakumar Dasari was appointed as a Additional Director was appointed as a Additional Director on 13 Oct 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Sathyanandam Guntagani was appointed as a Additional Director was appointed as a Additional Director on 13 Oct 2018 & has been associated with this company since 6 years 4 months .

  • Annual General Meeting

    Spinglow Textiles Limited last Annual general meeting of members was held on 28 Sep 2016 as per latest MCA records.

  • Balance Sheet

    Spinglow Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Vijayawada.

  • Director Appointment

    Anne Bindu Priya was appointed as a Director was appointed as a Director on 08 Nov 2014 & has been associated with this company since 10 years 3 months .

  • Charges

    A charge with City Union Bank amounted to Rs. 10.00 M with Charge ID 10488802 was registered on 28 Feb 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Spinglow Textiles Limited?

    Spinglow Textiles Limited was incorporated on 12 Apr 2010.

  • What is authorized share capital and paid-up capital of Spinglow Textiles Limited?

    The authorized share capital of Spinglow Textiles Limited is ₹ 5.00 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Spinglow Textiles Limited?

    Currently 3 directors are associated with Spinglow Textiles Limited.

    • Anne Bindu Priya
    • Lavakumar Dasari
    • Sathyanandam Guntagani

  • What is the registered address of Spinglow Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Spinglow Textiles Limited is D.No. 4-4-173/2 7/2 Chandramouli Nagar, India, Gunutr, Andhra Pradesh, 522007.

  • What is the corporate identification number (CIN) and company number of Spinglow Textiles Limited?

    The corporate identification number (CIN) of Spinglow Textiles Limited is U17291AP2010PLC067906 and the company number is 067906 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Spinglow Textiles Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Spinglow Textiles Limited has fallen by -44.20%.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Spinglow Textiles Limited has experienced an upsurge of 185.33%.

  • What are the total open charges for Spinglow Textiles Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Spinglow Textiles Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Spinglow Textiles Limited filed with the ROC?

    The most recent Balance Sheet for Spinglow Textiles Limited was filed with the ROC on 31 Mar 2016.

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