Wool Spuns Limited

Manufacturer and exporter of garments for men, women, and children, supplying to international brands.

1973 | New Delhi, Delhi (India) | Active
Last Updated:

Wool Spuns Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.92 Cr
  • Company Age 51 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.31 Cr
  • Satisfied Charges ₹ 53.75 Cr
  • Revenue Growth -0.32%
  • Profit Growth -77.03%
  • Ebitda 15.66%
  • Net Worth 0.43%
  • Total Assets -4.59%

About Wool Spuns

Wool Spuns Limited (WSL) was founded in India on 24 April 1973 and has a glorious history of 51 years and ten months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Fashion And Textile 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 4.00 Cr and a paid-up capital of Rs 3.92 Cr.

The company currently has active open charges totaling ₹16.31 Cr. The company has closed loans amounting to ₹53.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akash Jain, Tanuvee Agarwal, and Amita Agarwal serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    woolspuns.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1973PLC006582

  • Company No.

    006582

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Fashion and Textile

Who are the key members and board of directors at Wool Spuns?

Board Members (3)

NameDesignationAppointment DateStatus
Akash Jain Country flag representing In Director 01-Jun-2019Current
Tanuvee Agarwal Country flag representing In Director 01-Nov-2019Current
Amita Agarwal Country flag representing In Director 15-Mar-2020Current

Financial Performance of Wool Spuns.

Wool Spuns Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.32% decrease. The company also saw a substantial fall in profitability, with a 77.03% decrease in profit. The company's net worth moved up by a moderate rise of 0.43%.

Wool Spuns revenue growth over time
Wool Spuns 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
-0.32%
Revenue from Operations
-0.27%
Total Assets
-4.59%
Profit or Loss
-77.03%
Net Worth
0.43%
EBITDA
15.66%

What is the Ownership and Shareholding Structure of Wool Spuns?

In 2023, Wool Spuns 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

₹16.31 Cr

Satisfied Charges

₹53.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.25 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 2023Hdfc Bank Limited₹0.60 MOpen
29 Sep 2018State Bank Of India₹16.25 CrOpen
26 Aug 2015Standard Chartered Bank₹4.50 MSatisfied
08 Oct 2014Standard Chartered Bank₹15.25 CrSatisfied
08 Jul 2014Standard Chartered Bank₹15.25 CrSatisfied

How Many Employees Work at Wool Spuns?

Wool Spuns has a workforce of 79 employees as of Mar 23, 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.

Employee growth trends for Wool Spuns Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wool Spuns, 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 Wool Spuns'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 Wool Spuns

Recent activity within the organization

  • Annual General Meeting

    Wool Spuns Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100755720 was registered on 26 May 2023.

  • Balance Sheet

    Wool Spuns Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with State Bank Of India of Rs. 16.25 Cr registered on 29 Sep 2018 with Charge ID 100217944 was modified on 08 Dec 2021.

  • Director Appointment

    Amita Agarwal was appointed as a Director was appointed as a Director on 15 Mar 2020 & has been associated with this company since 4 years 11 months .

  • Director Appointment

    Tanuvee Agarwal was appointed as a Director was appointed as a Director on 01 Nov 2019 & has been associated with this company since 5 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Wool Spuns Limited?

    Wool Spuns Limited was incorporated on 24 Apr 1973.

  • What is authorized share capital and paid-up capital of Wool Spuns Limited?

    The authorized share capital of Wool Spuns Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.92 Cr.

  • Who are the current board members & directors of Wool Spuns Limited?

    Currently 3 directors are associated with Wool Spuns Limited.

    • Akash Jain
    • Tanuvee Agarwal
    • Amita Agarwal

  • What is the registered address of Wool Spuns Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wool Spuns Limited is D-9/3Okhla Industrial Area Phase-Ii, New Delhi, India, 110020.

  • What is the corporate identification number (CIN) and company number of Wool Spuns Limited?

    The corporate identification number (CIN) of Wool Spuns Limited is U74899DL1973PLC006582 and the company number is 006582 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wool Spuns Limited?

    The Official website of Wool Spuns Limited is https://www.woolspuns.com

  • What has been the recent revenue trend for Wool Spuns Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wool Spuns Limited has fallen by -0.32%.

  • How many employees does Wool Spuns Limited currently have?

    As Per 2023 financial reports, 79 employees are currently employed by Wool Spuns Limited.

  • What change has been observed in the net worth of Wool Spuns Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wool Spuns Limited has experienced an upsurge of 0.43%.

  • What are the total open charges for Wool Spuns Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wool Spuns Limited amount to ₹ 16.31 Cr.

  • When was the last Balance Sheet of Wool Spuns Limited filed with the ROC?

    The most recent Balance Sheet for Wool Spuns Limited was filed with the ROC on 31 Mar 2023.

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