Spinnmax Tyres Private Limited

Manufactures and sells automotive and non-automotive tires in India and abroad.

2019 | Hyderabad, Telangana (India) | Active
Last Updated: December 31, 2024

Spinnmax Tyres Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 444.20 Cr
  • Revenue Growth 1864.21%
  • Profit Growth -836.19%
  • Ebitda 1900.24%
  • Net Worth -49.34%
  • Total Assets -7.72%

About Spinnmax Tyres

Spinnmax Tyres Private Limited (STPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 October 2019 (Five years and four months 15 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Automotive 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 40.00 Cr and a paid-up capital of Rs 20.00 Cr.

The company currently has active open charges totaling ₹444.20 Cr.

The Key Managerial Personnel (KMP) at Spinnmax Tyres Private Limited India is Rajni Chaliya as COMPANY SECRETARY. Suprajj Papireddy and Syed Naveed serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spinnmaxtyres.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25111TG2019PTC136008

  • Company No.

    136008

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive

Who are the key members and board of directors at Spinnmax Tyres?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajni Chaliya Company Secretary14-Nov-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Suprajj Papireddy Country flag representing In Director 11-Oct-2019Current
Syed Naveed Country flag representing In Director 11-Oct-2019Current

Financial Performance of Spinnmax Tyres.

Spinnmax Tyres Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1864.21% increase. The company also saw a substantial fall in profitability, with a 836.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.34%.

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
1864.21%
Revenue from Operations
2137.99%
Total Assets
-7.72%
Profit or Loss
-836.19%
Net Worth
-49.34%
EBITDA
1900.24%

What is the Ownership and Shareholding Structure of Spinnmax Tyres?

In 2023, Spinnmax Tyres 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

₹444.20 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 405.00 Cr
  • Others : 39.20 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Citi Bank N.A.₹100.00 CrOpen
02 Sep 2023Others₹7.20 CrOpen
23 Aug 2023Others₹32.00 CrOpen
08 Jun 2023Citi Bank N.A.₹120.00 CrOpen
28 Jan 2022Citi Bank N.A.₹25.00 CrOpen

How Many Employees Work at Spinnmax Tyres?

Unlock and access historical data on people associated with Spinnmax Tyres, 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 Spinnmax Tyres, 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 Spinnmax Tyres'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 Spinnmax Tyres

Recent activity within the organization

  • Director Appointment

    Rajni Champalal Chaliya was appointed as a Company Secretary was appointed as a Company Secretary on 14 Nov 2024 & has been associated with this company since 3 months 10 days .

    14 Nov 2024

  • Annual General Meeting

    Spinnmax Tyres Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 100.00 Cr with Charge ID 100966065 was registered on 26 Jul 2024.

    26 Jul 2024

  • Balance Sheet

    Spinnmax Tyres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 7.20 Cr with Charge ID 100783966 was registered on 02 Sep 2023.

    02 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 32.00 Cr with Charge ID 100765561 was registered on 23 Aug 2023.

    23 Aug 2023

Frequently asked questions

  • Spinnmax Tyres Private Limited was incorporated on 11 Oct 2019.

  • The authorized share capital of Spinnmax Tyres Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 3 directors are associated with Spinnmax Tyres Private Limited.

    • Rajni Champalal Chaliya
    • Suprajj Reddy Papireddy
    • Syed Warisuddin Naveed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spinnmax Tyres Private Limited is Sy.No.315 316 Ameenpur Road, Bachupally Village Quthbullapur (M) India, Hyderabad, Telangana, 500090.

  • The corporate identification number (CIN) of Spinnmax Tyres Private Limited is U25111TG2019PTC136008 and the company number is 136008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spinnmax Tyres Private Limited is https://www.spinnmaxtyres.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spinnmax Tyres Private Limited has risen by 1864.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spinnmax Tyres Private Limited has experienced an downturn of -49.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spinnmax Tyres Private Limited amount to ₹ 444.20 Cr.

  • The most recent Balance Sheet for Spinnmax Tyres Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Auto Parts & Components