Spring Air Bedding Company (India) Limited

Manufactures and sells mattresses for hotels and individuals.

2008 | Delhi (India) | Merged
Last Updated: January 17, 2025

Spring Air Bedding Company (India) Profile

Key Indicators

  • Authorised Capital ₹ 56.30 Cr
  • Paid Up Capital ₹ 56.22 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 5.35 Cr
  • Revenue Growth -3.94%
  • Profit Growth 12.06%
  • Ebitda 31.02%
  • Net Worth 177.12%
  • Total Assets -16.97%

About Spring Air Bedding Company (India)

Spring Air Bedding Company (India) Limited (SABCIL) is Amalgamated company established on 10 Jul 2008 with its office registered at Delhi, India and has been running since 16 Year, 7 Months with a paid up capital of 56.22 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    springair.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36104DL2008PLC180766

  • Company No.

    180766

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2008

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

What products or services does Spring Air Bedding Company (India) Limited offer?

Spring Air Bedding Company (India) Limited offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Bed Mattress, Medical Mattress, Spring Air Bed Mattress, Spring Mattress, Foam Mattress, Memory Foam Mattress, Air Mattress, Air Spring Mattress, Pillows.

Who are the key members and board of directors at Spring Air Bedding Company (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Niraj Somani Country flag representing In CFO03-Apr-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Gev Engineer Country flag representing In Whole-Time Director 01-Apr-2019Current
Rohinton Poonawala Country flag representing In Director 01-Apr-2019Current
Nikhil Shah Country flag representing In Director 01-Apr-2019Current

Financial Performance of Spring Air Bedding Company (India).

Spring Air Bedding Company (India) Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 3.94% decrease. The company also saw a substantial improvement in profitability, with a 12.06% increase in profit. The company's net worth Soared by an impressive increase of 177.12%.

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
-3.94%
Revenue from Operations
-27.06%
Total Assets
-16.97%
Profit or Loss
12.06%
Net Worth
177.12%
EBITDA
31.02%

What is the Ownership and Shareholding Structure of Spring Air Bedding Company (India)?

In 2018, Spring Air Bedding Company (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

₹0

Satisfied Charges

₹5.35 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 5.35 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2011The Hongkong And Shanghai Banking Corporation Limited₹4.00 CrSatisfied
20 Feb 2009The Hongkong And Shanghai Banking Corporation Limited₹1.35 CrSatisfied

How Many Employees Work at Spring Air Bedding Company (India)?

Spring Air Bedding Company (India) has a workforce of 93 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spring Air Bedding Company (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 Spring Air Bedding Company (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 Spring Air Bedding Company (India)

Recent activity within the organization

  • Annual General Meeting

    Spring Air Bedding Company (India) Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Director Appointment

    Niraj Somani was appointed as a Cfo was appointed as a Cfo on 03 Apr 2019 & has been associated with this company since 5 years 10 months .

    03 Apr 2019

  • Director Appointment

    Rohinton Sam Poonawala was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Director Appointment

    Gev Framroze Engineer was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Director Appointment

    Nikhil Ratilal Shah was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Balance Sheet

    Spring Air Bedding Company (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.

    31 Mar 2019

Frequently asked questions

  • Spring Air Bedding Company (India) Limited was incorporated on 10 Jul 2008.

  • The authorized share capital of Spring Air Bedding Company (India) Limited is ₹ 56.30 Cr and paid-up capital is ₹ 56.22 Cr.

  • Currently 4 directors are associated with Spring Air Bedding Company (India) Limited.

    • Rohinton Sam Poonawala
    • Niraj Somani
    • Gev Framroze Engineer
    • Nikhil Ratilal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spring Air Bedding Company (India) Limited is Plot No. 10/19 Ground Floor East Patel Nagar, India, New Delhi, 110008.

  • The corporate identification number (CIN) of Spring Air Bedding Company (India) Limited is U36104DL2008PLC180766 and the company number is 180766 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spring Air Bedding Company (India) Limited is https://www.springair.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Spring Air Bedding Company (India) Limited has fallen by -3.94%.

  • As Per 2019 financial reports, 93 employees are currently employed by Spring Air Bedding Company (India) Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Spring Air Bedding Company (India) Limited has experienced an upsurge of 177.12%.

  • The most recent Balance Sheet for Spring Air Bedding Company (India) Limited was filed with the ROC on 31 Mar 2019.

Similar Companies Based on Home Furnishings Manufacturing