Spurs And Threads Solutions Private Limited

Distributes cutting tools and machine tool accessories to various industries.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Spurs And Threads Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.45 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.30 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 78.02%
  • Profit Growth 101.76%
  • Ebitda 86.37%
  • Net Worth 68.92%
  • Total Assets 18.56%

About Spurs And Threads Solutions

Spurs And Threads Solutions Private Limited (SATSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2016 (Eight years and three months 6 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.45 M.

The company currently has active open charges totaling ₹2.30 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anita Dhurka and Pavan Dhurka serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spursandthreads.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52520KA2016PTC097663

  • Company No.

    097663

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

Who are the key members and board of directors at Spurs And Threads Solutions?

Board Members (2)

Name Designation Appointment Date Status
Anita Dhurka Country flag representing In Director 02-Jan-2017 Current
Pavan Dhurka Country flag representing In Director 02-Jan-2017 Current

Financial Performance of Spurs And Threads Solutions.

Spurs And Threads Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.02% increase. The company also saw a substantial improvement in profitability, with a 101.76% increase in profit. The company's net worth Soared by an impressive increase of 68.92%.

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
78.02%
Revenue from Operations
78.12%
Total Assets
18.56%
Profit or Loss
101.76%
Net Worth
68.92%
EBITDA
86.37%

What is the Ownership and Shareholding Structure of Spurs And Threads Solutions?

In 2023, Spurs And Threads Solutions 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

₹23.00 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.30 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2020 Others ₹2.30 Cr Open
17 Nov 2017 Tata Capital Financial Services Limited ₹1.50 Cr Satisfied

How Many Employees Work at Spurs And Threads Solutions?

Unlock and access historical data on people associated with Spurs And Threads Solutions, 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 Spurs And Threads Solutions, 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 Spurs And Threads Solutions'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 Spurs And Threads Solutions

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 23.00 M registered on 30 Sep 2020 with Charge ID 100376696 was modified on 28 Dec 2023.

    28 Dec 2023

  • Annual General Meeting

    Spurs And Threads Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Spurs And Threads Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 17 Nov 2017 via Charge ID 100138599 with Tata Capital Financial Services Limited was fully satisfied on 23 Oct 2020.

    23 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 23.00 M with Charge ID 100376696 was registered on 30 Sep 2020.

    30 Sep 2020

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 15.00 M registered on 17 Nov 2017 with Charge ID 100138599 was modified on 09 Oct 2018.

    09 Oct 2018

Frequently asked questions

  • Spurs And Threads Solutions Private Limited was incorporated on 08 Nov 2016.

  • The authorized share capital of Spurs And Threads Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.45 M.

  • Currently 2 directors are associated with Spurs And Threads Solutions Private Limited.

    • Anita Dhurka
    • Pavan Kumar Dhurka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spurs And Threads Solutions Private Limited is B201 Mantri Serenity Doddakalasandra Kanakapura Road, India, Bangalore, Karnataka, 560062.

  • The corporate identification number (CIN) of Spurs And Threads Solutions Private Limited is U52520KA2016PTC097663 and the company number is 097663 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spurs And Threads Solutions Private Limited is https://www.spursandthreads.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spurs And Threads Solutions Private Limited has risen by 78.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spurs And Threads Solutions Private Limited has experienced an upsurge of 68.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spurs And Threads Solutions Private Limited amount to ₹ 2.30 Cr.

  • The most recent Balance Sheet for Spurs And Threads Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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