J G Spinning Mills Private Limited

Manufactures and sells yarn and fabrics, with a focus on garment manufacturers in India.

1991 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

J G Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.73 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 34.11 Cr
  • Satisfied Charges ₹ 88.94 Cr
  • Revenue Growth 3.60%
  • Profit Growth -82.18%
  • Ebitda -65.11%
  • Net Worth 8.17%
  • Total Assets 13.87%

About J G Spinning Mills

J G Spinning Mills Private Limited (JGSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1991 and has a history of 34 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Jay Gee Textiles Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.73 Cr.

The company currently has active open charges totaling ₹34.11 Cr. The company has closed loans amounting to ₹88.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Seksaria, Shradha Agarwal, and Gunjan Seksaria serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1991PTC011033

  • Company No.

    011033

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

J G Spinning Mills Private Limited

Explore comprehensive data for J G Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at J G Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Manish Seksaria Country flag representing In Managing Director21-Oct-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Shradha Agarwal Country flag representing In Director 01-Apr-2019Current
Gunjan Seksaria Country flag representing In Director 26-Oct-2020Current

Financial Performance of J G Spinning Mills.

J G Spinning Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.6% increase. The company also saw a substantial fall in profitability, with a 82.18% decrease in profit. The company's net worth moved up by a moderate rise of 8.17%.

J G Spinning Mills revenue growth over time
J G Spinning Mills 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
3.60%
Revenue from Operations
3.50%
Total Assets
13.87%
Profit or Loss
-82.18%
Net Worth
8.17%
EBITDA
-65.11%

What is the Ownership and Shareholding Structure of J G Spinning Mills?

In 2023, J G Spinning Mills had a promoter holding of 89.44% and a public holding of 10.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.11 Cr

Satisfied Charges

₹88.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr
  • Sidbi : 9.11 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2023Others₹25.00 CrOpen
25 Nov 2021Sidbi₹9.11 CrOpen
28 Nov 2021Others₹20.00 CrSatisfied
20 May 2020Others₹7.50 MSatisfied
12 Dec 2013Axis Bank Limited₹21.19 CrSatisfied

How Many Employees Work at J G Spinning Mills?

Unlock and access historical data on people associated with J G Spinning Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for J G Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of J G Spinning Mills, 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 J G Spinning Mills'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 J G Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    J G Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    J G Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 27 May 2023 with Charge ID 100724501 was modified on 22 Aug 2023.

  • Charges

    A charge registered on 28 Nov 2021 via Charge ID 100519744 with Others was fully satisfied on 10 Aug 2023.

  • Charges

    A charge with Sidbi of Rs. 9.11 Cr registered on 25 Nov 2021 with Charge ID 100502915 was modified on 31 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100724501 was registered on 27 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of J G Spinning Mills Private Limited?

    J G Spinning Mills Private Limited was incorporated on 07 Feb 1991.

  • What is authorized share capital and paid-up capital of J G Spinning Mills Private Limited?

    The authorized share capital of J G Spinning Mills Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.73 Cr.

  • Who are the current board members & directors of J G Spinning Mills Private Limited?

    Currently 3 directors are associated with J G Spinning Mills Private Limited.

    • Manish Seksaria
    • Shradha Agarwal
    • Gunjan Seksaria

  • What is the registered address of J G Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of J G Spinning Mills Private Limited is S F No.267 Sathy Road Kariyampalayam Village India, Annur, Tamil Nadu, 641653.

  • What is the corporate identification number (CIN) and company number of J G Spinning Mills Private Limited?

    The corporate identification number (CIN) of J G Spinning Mills Private Limited is U17111TZ1991PTC011033 and the company number is 011033 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of J G Spinning Mills Private Limited?

    The Official website of J G Spinning Mills Private Limited is https://www.jgspinning.com

  • What has been the recent revenue trend for J G Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for J G Spinning Mills Private Limited has risen by 3.60%.

  • What change has been observed in the net worth of J G Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of J G Spinning Mills Private Limited has experienced an upsurge of 8.17%.

  • What are the total open charges for J G Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for J G Spinning Mills Private Limited amount to ₹ 34.11 Cr.

  • When was the last Balance Sheet of J G Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for J G Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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