Spinning King (India) Limited

Trading yarns and fabrics with top Indian groups since 2001.

2001 | Active
Last Updated:

Spinning King (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.00 M
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.48 Cr
  • Revenue Growth 37.41%
  • Profit Growth 69.13%
  • Ebitda 797.54%
  • Net Worth 26.76%
  • Total Assets 42.95%

About Spinning King (India)

Spinning King (India) Limited (SKIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 September 2001 and has a history of 23 years and five months. Its registered office is in Na, Gujarat.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹10.48 Cr.

Kishan Kashiwala, Khagen Kashiwala, and Virang Kashiwala serve as directors at the Company.

Company Details

  • Location Na, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spinningking.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ2001PLC039968

  • Company No.

    039968

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

What products or services does Spinning King (India) Limited offer?

Spinning King (India) Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Natural Fabric.

Who are the key members and board of directors at Spinning King (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Kishan Kashiwala Country flag representing In Director 04-Sep-2001Current
Khagen Kashiwala Country flag representing In Director 04-Sep-2001Current
Virang Kashiwala Country flag representing In Director 04-Sep-2001Current

Financial Performance of Spinning King (India).

Spinning King (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.41% increase. The company also saw a substantial improvement in profitability, with a 69.13% increase in profit. The company's net worth Soared by an impressive increase of 26.76%.

Spinning King (India) revenue growth over time
Spinning King (India) 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
37.41%
Revenue from Operations
36.52%
Total Assets
42.95%
Profit or Loss
69.13%
Net Worth
26.76%
EBITDA
797.54%

What is the Ownership and Shareholding Structure of Spinning King (India)?

In 2023, Spinning King (India) 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

₹10.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.48 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2022Others₹4.21 CrOpen
13 Sep 2012Others₹4.87 CrOpen
16 Aug 2012Others₹1.40 CrOpen

How Many Employees Work at Spinning King (India)?

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

Employee growth trends for Spinning King (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spinning King (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 Spinning King (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 Spinning King (India)

Recent activity within the organization

  • Annual General Meeting

    Spinning King (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Spinning King (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 4.87 Cr registered on 13 Sep 2012 with Charge ID 10379863 was modified on 25 May 2022.

  • Charges

    A charge with Others amounted to Rs. 4.21 Cr with Charge ID 100536782 was registered on 02 Feb 2022.

  • Charges

    A charge with Others of Rs. 1.40 Cr registered on 16 Aug 2012 with Charge ID 10375216 was modified on 14 Feb 2018.

  • Charges

    A charge with Others amounted to Rs. 4.87 Cr with Charge ID 10379863 was registered on 13 Sep 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Spinning King (India) Limited?

    Spinning King (India) Limited was incorporated on 04 Sep 2001.

  • What is authorized share capital and paid-up capital of Spinning King (India) Limited?

    The authorized share capital of Spinning King (India) Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Spinning King (India) Limited?

    Currently 3 directors are associated with Spinning King (India) Limited.

    • Kishan Pranjivandas Kashiwala
    • Khagen Kisanbhai Kashiwala
    • Virang Krushnakant Kashiwala
  • What is the registered address of Spinning King (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Spinning King (India) Limited is B/66. Pariseema Building, C.G. Road Ahmedabad 380 009 India, Na, Gujarat.

  • What is the corporate identification number (CIN) and company number of Spinning King (India) Limited?

    The corporate identification number (CIN) of Spinning King (India) Limited is U17119GJ2001PLC039968 and the company number is 039968 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Spinning King (India) Limited?

    The Official website of Spinning King (India) Limited is https://www.spinningking.com

  • What has been the recent revenue trend for Spinning King (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Spinning King (India) Limited has risen by 37.41%.

  • What change has been observed in the net worth of Spinning King (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Spinning King (India) Limited has experienced an upsurge of 26.76%.

  • What are the total open charges for Spinning King (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Spinning King (India) Limited amount to ₹ 10.48 Cr.

  • When was the last Balance Sheet of Spinning King (India) Limited filed with the ROC?

    The most recent Balance Sheet for Spinning King (India) Limited was filed with the ROC on 31 Mar 2024.