Winsome Yarns Ltd

Textile manufacturing and sales, specializing in cotton and melange dyed yarn, sweaters, and knitwear.

1990 | Chandigarh (India) | Under Insolvency
Last Updated: January 16, 2025

Winsome Yarns Profile

Key Indicators

  • Authorised Capital ₹ 85.00 Cr
  • Paid Up Capital ₹ 70.71 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 706.22 Cr
  • Satisfied Charges ₹ 202.85 Cr
  • Revenue Growth -18.48%
  • Profit Growth -80.62%
  • Ebitda -130599.24%
  • Net Worth -6.91%
  • Total Assets -15.18%

About Winsome Yarns

Winsome Yarns Ltd (WYL) is Under Cirp company established on 19 Jul 1990 with its office registered at Chandigarh, India and has been running since 34 Year, 7 Months with a paid up capital of 70.71 Cr. According to MCA records, 6 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    winsomegroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17115CH1990PLC010566

  • Company No.

    010566

  • Stock Symbol

    BSE : 514348

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1990

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Winsome Yarns Ltd offer?

Winsome Yarns Ltd offers a wide range of products and services, including Winter Wear & Accessories, Sweater, Yarns & Threads, Silk Yarn, Kids Casual, Ethnic & Western Wear, Kids Fashion Clothing, Industrial Fabrics and Textiles, Non Woven Fabric, Mulberry Raw Silk Yarn, Cotton Yarn.

Who are the key members and board of directors at Winsome Yarns?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjay Sharma CFO14-Jul-2020Current
Neha Singhal Company Secretary27-Jun-2021Current
Manish Bagrodia Country flag representing In Managing Director19-Jul-1990Current

Board Members (5)

NameDesignationAppointment DateStatus
Tilak Dembla Country flag representing In Director 05-Aug-2019Current
Pankaj Mahajan Country flag representing In Director 22-May-2023Current
Mridula Goyal Country flag representing In Director 08-Feb-2019Current
Rajiv Chadha Country flag representing In Director 14-Jul-2020Current
Anupma Kashyap Country flag representing In Director 22-May-2023Current

Financial Performance of Winsome Yarns.

Winsome Yarns Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.48% decrease. The company also saw a substantial fall in profitability, with a 80.62% decrease in profit. The company's net worth dipped by a decrease of 6.91%.

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
-18.48%
Revenue from Operations
-28.84%
Total Assets
-15.18%
Profit or Loss
-80.62%
Net Worth
-6.91%
EBITDA
-130599.24%

What is the Ownership and Shareholding Structure of Winsome Yarns?

In 2023, Winsome Yarns had a promoter holding of 38.67% and a public holding of 61.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹706.22 Cr

Satisfied Charges

₹202.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 527.69 Cr
  • Edelweiss Asset Reconstruction Company Limited : 56.72 Cr
  • Bank Of India : 28.36 Cr
  • Bank Of Maharashtra : 28.36 Cr
  • Indian Overseas Bank : 22.68 Cr
  • Others : 42.41 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2009Icici Bank Limited₹9.73 CrOpen
19 Jun 2009Others₹11.82 CrOpen
17 Jun 2009Others₹9.63 CrOpen
17 Mar 2007Oriental Bank Of Commerce₹22.68 CrOpen
08 Feb 2007Others₹16.99 CrOpen

How Many Employees Work at Winsome Yarns?

Winsome Yarns has a workforce of 305 employees as of Mar 29, 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 Winsome Yarns, 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 Winsome Yarns'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 Winsome Yarns

Recent activity within the organization

  • Annual General Meeting

    Winsome Yarns Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Pankaj Mahajan was appointed as a Director was appointed as a Director on 22 May 2023 & has been associated with this company since 1 year 9 months .

    22 May 2023

  • Director Appointment

    Anupma Kashyap was appointed as a Director was appointed as a Director on 22 May 2023 & has been associated with this company since 1 year 9 months .

    22 May 2023

  • Balance Sheet

    Winsome Yarns Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Neha Singhal was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jun 2021 & has been associated with this company since 3 years 7 months .

    27 Jun 2021

  • Director Appointment

    Rajiv Chadha was appointed as a Director was appointed as a Director on 14 Jul 2020 & has been associated with this company since 4 years 7 months .

    14 Jul 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Winsome Yarns Ltd was incorporated on 19 Jul 1990.

  • The authorized share capital of Winsome Yarns Ltd is ₹ 85.00 Cr and paid-up capital is ₹ 70.71 Cr.

  • Currently 8 directors are associated with Winsome Yarns Ltd.

    • Tilak Raj Dembla
    • Pankaj Mahajan
    • Mridula Goyal
    • Rajiv Chadha
    • Anupma Kashyap
    • Sanjay Sharma
    • Neha Singhal
    • Manish Bagrodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Winsome Yarns Ltd is Basement Sco No. 13-14-15, Sector 34-A India, Chandigarh, 160022.

  • The corporate identification number (CIN) of Winsome Yarns Ltd is L17115CH1990PLC010566 and the company number is 010566 as per Ministry of Corporate Affairs (MCA).

  • Yes, Winsome Yarns Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Winsome Yarns Ltd is https://www.winsomegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Winsome Yarns Ltd has fallen by -18.48%.

  • As Per 2023 financial reports, 305 employees are currently employed by Winsome Yarns Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Winsome Yarns Ltd has experienced an downturn of -6.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Winsome Yarns Ltd amount to ₹ 706.22 Cr.

  • The most recent Balance Sheet for Winsome Yarns Ltd was filed with the ROC on 31 Mar 2023.

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