Sundesh Springs Pvt Ltd

Manufacturer of steel products including leaf springs, fasteners, hand tools, and bicycle parts.

1980 | Ludhiana, Punjab (India) | Active
Last Updated: October 24, 2024

Sundesh Springs Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.43 M
  • Company Age 44 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.91 Cr
  • Satisfied Charges ₹ 7.60 M
  • Revenue Growth -21.05%
  • Profit Growth -98.47%
  • Ebitda 20.69%
  • Net Worth 0.07%
  • Total Assets 0.14%

About Sundesh Springs

Sundesh Springs Pvt Ltd (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 December 1980 and has a history of 44 years and two months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 0.43 M.

The company currently has active open charges totaling ₹3.91 Cr. The company has closed loans amounting to ₹7.60 M, as per Ministry of Corporate Affairs (MCA) records.

Adishwar Jain and Sunita Jain serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300PB1980PTC004343

  • Company No.

    004343

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at Sundesh Springs?

Board Members (2)

NameDesignationAppointment DateStatus
Adishwar Jain Country flag representing In Director 16-Dec-1980Current
Sunita Jain Country flag representing In Director 16-Dec-1980Current

Financial Performance of Sundesh Springs.

Sundesh Springs Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.05% decrease. The company also saw a substantial fall in profitability, with a 98.47% decrease in profit. The company's net worth moved up by a moderate rise of 0.07%.

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
-21.05%
Revenue from Operations
Total Assets
0.14%
Profit or Loss
-98.47%
Net Worth
0.07%
EBITDA
20.69%

What is the Ownership and Shareholding Structure of Sundesh Springs?

In 2023, Sundesh Springs 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

₹39.15 M

Satisfied Charges

₹7.60 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 3.20 Cr
  • State Bank Of Patiala : 0.65 Cr
  • Indian Bank : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2008Punjab National Bank₹3.20 CrOpen
10 Mar 1995State Bank Of Patiala₹2.50 MOpen
18 Feb 1993State Bank Of Patiala₹1.00 MOpen
29 Aug 1989State Bank Of Patiala₹1.50 MOpen
29 Aug 1989State Bank Of Patiala₹1.50 MOpen

How Many Employees Work at Sundesh Springs?

Unlock and access historical data on people associated with Sundesh Springs, 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 Sundesh Springs, 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 Sundesh Springs'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 Sundesh Springs

Recent activity within the organization

  • Annual General Meeting

    Sundesh Springs Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sundesh Springs Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Punjab National Bank of Rs. 32.00 M registered on 20 Oct 2008 with Charge ID 10130227 was modified on 10 Jun 2011.

    10 Jun 2011

  • Charges

    A charge registered on 01 Mar 2001 via Charge ID 90182828 with State Bank Of Patiala was fully satisfied on 02 Jan 2009.

    02 Jan 2009

  • Charges

    A charge with Punjab National Bank amounted to Rs. 32.00 M with Charge ID 10130227 was registered on 20 Oct 2008.

    20 Oct 2008

  • Charges

    A charge registered on 19 Jun 1981 via Charge ID 90178715 with Punjab National Bank was fully satisfied on 20 Jun 2008.

    20 Jun 2008

Frequently asked questions

  • Sundesh Springs Pvt Ltd was incorporated on 16 Dec 1980.

  • The authorized share capital of Sundesh Springs Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 0.43 M.

  • Currently 2 directors are associated with Sundesh Springs Pvt Ltd.

    • Adishwar Jain
    • Sunita Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sundesh Springs Pvt Ltd is K 201 Kismat Complex G.T Road, Miller Ganj India, Ludhiana, Punjab, 141003.

  • The corporate identification number (CIN) of Sundesh Springs Pvt Ltd is U34300PB1980PTC004343 and the company number is 004343 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sundesh Springs Pvt Ltd has fallen by -21.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sundesh Springs Pvt Ltd has experienced an upsurge of 0.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sundesh Springs Pvt Ltd amount to ₹ 3.91 Cr.

  • The most recent Balance Sheet for Sundesh Springs Pvt Ltd was filed with the ROC on 31 Mar 2023.