Spinners Association (Gujarat)

Non-profit organization promoting growth in spinning and textile industry through seminars, conferences, and exhibitions.

2016 | Rajkot, Gujarat (India) | Active
Last Updated: January 27, 2025

Spinners Association (Gujarat) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -20.68%
  • Profit Growth 61.24%
  • Ebitda 36.87%
  • Net Worth 4.47%
  • Total Assets 4.60%

About Spinners Association (Gujarat)

Spinners Association (Gujarat) (SAG) is a Private Not For Profit Company incorporated in India on 17 August 2016 (Eight years and six months 7 days old ). Its registered office is in Rajkot, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Bharat Boghara, Saurin Parikh, and Jayeshkumar Patel serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sagujarat.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U91920GJ2016NPL093398

  • Company No.

    093398

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    17 Aug 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Spinners Association (Gujarat)?

Board Members (3)

NameDesignationAppointment DateStatus
Bharat Boghara Country flag representing In Director 17-Aug-2016Current
Saurin Parikh Country flag representing In Director 17-Aug-2016Current
Jayeshkumar Patel Country flag representing In Director 17-Aug-2016Current

Financial Performance of Spinners Association (Gujarat).

Spinners Association (Gujarat), for the financial year ended 2021, experienced significant reduction in revenue, with a 20.68% decrease. The company also saw a substantial improvement in profitability, with a 61.24% increase in profit. The company's net worth moved up by a moderate rise of 4.47%.

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
-20.68%
Revenue from Operations
-65.62%
Total Assets
4.60%
Profit or Loss
61.24%
Net Worth
4.47%
EBITDA
36.87%

What is the Ownership and Shareholding Structure of Spinners Association (Gujarat)?

In 2021, Spinners Association (Gujarat) 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Spinners Association (Gujarat)?

Unlock and access historical data on people associated with Spinners Association (Gujarat), 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 Spinners Association (Gujarat), 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 Spinners Association (Gujarat)'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 Spinners Association (Gujarat)

Recent activity within the organization

  • Annual General Meeting

    Spinners Association (Gujarat) last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Spinners Association (Gujarat) has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Bharat Khodabhai Boghara was appointed as a Director was appointed as a Director on 17 Aug 2016 & has been associated with this company since 8 years 6 months .

    17 Aug 2016

  • Director Appointment

    Saurin Jagdish Bhai Parikh was appointed as a Director was appointed as a Director on 17 Aug 2016 & has been associated with this company since 8 years 6 months .

    17 Aug 2016

  • Director Appointment

    Jayeshkumar Harilal Patel was appointed as a Director was appointed as a Director on 17 Aug 2016 & has been associated with this company since 8 years 6 months .

    17 Aug 2016

  • Company Incorporation

    Spinners Association (Gujarat) was registered on 17 Aug 2016 with Roc Ahmedabad & aged 8 years 6 months as per MCA records.

    17 Aug 2016

Frequently asked questions

  • Spinners Association (Gujarat) was incorporated on 17 Aug 2016.

  • The authorized share capital of Spinners Association (Gujarat) is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Spinners Association (Gujarat).

    • Bharat Khodabhai Boghara
    • Saurin Jagdish Bhai Parikh
    • Jayeshkumar Harilal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spinners Association (Gujarat) is Time Square Complex Office No-908 Ayodhya Chowk Nr. Gokul Mathura Appartment, 150-Feet R Ing Road India, Rajkot, Gujarat, 360007.

  • The corporate identification number (CIN) of Spinners Association (Gujarat) is U91920GJ2016NPL093398 and the company number is 093398 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spinners Association (Gujarat) is https://www.sagujarat.org

  • According to the financial reports for the fiscal year 2021, the revenue trend for Spinners Association (Gujarat) has fallen by -20.68%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Spinners Association (Gujarat) has experienced an upsurge of 4.47%.

  • The most recent Balance Sheet for Spinners Association (Gujarat) was filed with the ROC on 31 Mar 2024.