Srm Spinners Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 13.50 Cr
- Company Age 12 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.20 Cr
- Satisfied Charges ₹ 42.94 Cr
- Revenue Growth 1.26%
- Profit Growth 23.08%
- Ebitda -1.69%
- Net Worth 17.39%
- Total Assets 2.20%
About Srm Spinners
Srm Spinners Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 October 2012 and has a history of 12 years and three months. Its registered office is in Bhilwara, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 13.50 Cr.
The company currently has active open charges totaling ₹12.20 Cr. The company has closed loans amounting to ₹42.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Srm Spinners Limited India are Rahul Jain as COMPANY SECRETARY and Raghav Somani as Cfo. Shyam Somani, Vishal Agarwal, Manisha Goenka, and Two other members serve as directors at the Company.
Company Details
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Location
Bhilwara, Rajasthan, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17290RJ2012PLC040425
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Company No.
040425
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
17 Oct 2012
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Srm Spinners?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shyam Somani
|
Managing Director | 17-Oct-2012 | Current |
| Rahul Jain | Company Secretary | 15-Apr-2015 | Current |
|
Raghav Somani
|
CFO | 01-Apr-2015 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vishal Agarwal
|
Director | 17-Oct-2012 | Current |
|
Manisha Goenka
|
Director | 04-Jul-2016 | Current |
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Murali Randad
|
Director | 30-Sep-2015 | Current |
|
Bheru Kabra
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Director | 30-Sep-2015 | Current |
Financial Performance of Srm Spinners.
Srm Spinners Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.26% increase. The company also saw a substantial improvement in profitability, with a 23.08% increase in profit. The company's net worth Soared by an impressive increase of 17.39%.
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What is the Ownership and Shareholding Structure of Srm Spinners?
In 2023, Srm Spinners had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Siddhartha Super Spinning Mills LtdVishal Agarwal is a mutual person
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Shreedhar Cotsyn Private LimitedVishal Agarwal is a mutual person
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Chitrakut Tex-Con Private LimitedShyam Somani is a mutual person
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Srm Fibres Private Limited
Vishal Agarwal is a mutual person
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Shree Nagani Silk Mills Private Limited
Vishal Agarwal is a mutual person
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Shreedhar Spinners Private Limited
Vishal Agarwal is a mutual person
Charges (Loans)
₹12.20 Cr
₹42.94 Cr
Charges Breakdown by Lending Institutions
- Others : 10.20 Cr
- Bank Of Baroda : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2021 | Others | ₹2.20 Cr | Open |
| 30 Jul 2015 | Bank Of Baroda | ₹2.00 Cr | Open |
| 25 Jun 2013 | Others | ₹8.00 Cr | Open |
| 07 Jul 2020 | Others | ₹4.42 Cr | Satisfied |
| 29 May 2020 | Others | ₹8.00 M | Satisfied |
How Many Employees Work at Srm Spinners?
Srm Spinners has a workforce of 429 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Srm Spinners, 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 Srm Spinners's trajectory.
Rating
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
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.
