MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-12-0002371
Kaizen Spin Tech Private Limited
Kaizen Spin Tech Private Limited - packaging in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.64 Cr
▲ 34% YoY
Net profit · FY 2023
₹6.29 Lakh
Net margin 2.4%
EBITDA · FY 2023
₹36.77 Lakh
EBITDA margin 13.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.81 Cr
Satisfied ₹2.94 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Kaizen Spin Tech Private Limited
Data last updated:
Kaizen Spin Tech Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 16 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17120TN2012PTC088084. Its GSTIN is 33AAECK9524C1ZS (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jamesalexander Jeyaprakash and Christina Joseph.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2 S.K.S.Nagar Uthangudi, Madurai, Tamil Nadu, India – 625107.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.64 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.29 Lakh (net margin 2.4%) and EBITDA of ₹36.77 Lakh (EBITDA margin 13.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹2.81 Cr and satisfied charges of ₹2.94 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Kaizen Spin Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0002371). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120TN2012PTC088084
Registration Number 088084
Incorporation Date 16 October 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-12-0002371
Recognitions & Rankings of Kaizen Spin Tech
Contact details
Kaizen Spin Tech Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 S.K.S.Nagar Uthangudi, Madurai, Tamil Nadu, India – 625107
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Kaizen Spin Tech Private Limited, buy the company report.
Comprehensive company report
Kaizen Spin Tech Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Kaizen Spin Tech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Kaizen Spin Tech Private Limited, buy the company report.
Financials of Kaizen Spin Tech Private Limited
FY 2023 filings availableKaizen Spin Tech Private Limited reported revenue of ₹2.64 Cr (up 34% YoY) for FY 2023.
Revenue · FY 2023
₹2.64 Cr ▲ 34%
Net profit · FY 2023
₹6.29 Lakh margin 2.4%
EBITDA · FY 2023
₹36.77 Lakh margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 13%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 11%
5 years · compounded
▼ 5%
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.64 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kaizen Spin Tech Private Limited, buy the company report.
Board of directors of Kaizen Spin Tech Private Limited
Kaizen Spin Tech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jamesalexander Jeyaprakash Also directs: Texsavvy Solutions LLP, Vijay Tool Room Private Limited | Director | 16 Oct 2012 | 14 Years 0 Months | Current |
| Christina Joseph | Director | 16 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Kaizen Spin Tech Private Limited is audited by P.S. Venkatasubramanian & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S. Venkatasubramanian & Co | FY 2023 | 5512S |
Shareholding
The shareholding of Kaizen Spin Tech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kaizen Spin Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.81 Cr
Satisfied charges
₹2.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2024 | 100942823 | Hdfc Bank Limited | ₹39.18 Lakh | Open | |
| 30 Jun 2023 | 100750547 | Canara Bank | ₹1.56 Cr | Open | |
| 26 May 2023 | 100752426 | Others | ₹31.4 Lakh | Open | |
| 19 May 2023 | 100724682 | Others | ₹20.9 Lakh | Open | |
| 23 Feb 2022 | 100546280 | Others | ₹33 Lakh | Open |
To see the full charge records of Kaizen Spin Tech Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Kaizen Spin Tech Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed against the company by Sundaram Finance Ltd | Pending |
| Madras High Court | Arbitration matter | Filed against the company by M S Profectus Capital Private Limited Represented by Its Authorized Signatory Mr A Johnson | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company | Disposed |
To see the full case history of Kaizen Spin Tech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kaizen Spin Tech Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Kaizen Spin Tech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kaizen Spin Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECK9524C1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kaizen Spin Tech Private Limited, buy the company report.
Recent activity
Kaizen Spin Tech Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Christina Joseph was appointed as Director on 16 Oct 2012.
Charges
A charge registered on 14 Aug 2020 via Charge ID 100366708 with Others was fully satisfied on 05 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.18 Lakh with Charge ID 100942823 was registered on 22 Apr 2024.
AGM
Kaizen Spin Tech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 28 Aug 2014 via Charge ID 10549876 with The Karur Vysya Bank Limited was fully satisfied on 25 Jul 2023.
Charges
A charge registered on 03 Aug 2013 via Charge ID 10445725 with The Karur Vysya Bank Limited was fully satisfied on 25 Jul 2023.
Charges
A charge registered on 08 Apr 2013 via Charge ID 10423742 with Others was fully satisfied on 25 Jul 2023.
Charges
A charge with Canara Bank amounted to Rs. 156.49 Lakh with Charge ID 100750547 was registered on 30 Jun 2023.
Charges
A charge with Others amounted to Rs. 31.40 Lakh with Charge ID 100752426 was registered on 26 May 2023.
Charges
A charge with Others amounted to Rs. 20.90 Lakh with Charge ID 100724682 was registered on 19 May 2023.
Filing
Kaizen Spin Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 33.00 Lakh with Charge ID 100546280 was registered on 23 Feb 2022.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100366708 was registered on 14 Aug 2020.
7 earlier events are in the company report.
Frequently asked questions
Kaizen Spin Tech is an active private limited company based in Madurai, Tamil Nadu, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 16 October 2012 (14+ years old) and is registered under CIN U17120TN2012PTC088084.
Kaizen Spin Tech has 2 current directors:
- Jamesalexander Jeyaprakash - Director
- Christina Joseph - Director
The latest financial statements of Kaizen Spin Tech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Kaizen Spin Tech is 33AAECK9524C1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Kaizen Spin Tech is U17120TN2012PTC088084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaizen Spin Tech has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Kaizen Spin Tech was incorporated on 16 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Christina Joseph was appointed as Director on 16 Oct 2012. Jamesalexander Jeyaprakash was appointed as Director on 16 Oct 2012.
Yes, Kaizen Spin Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-12-0002371).
Kaizen Spin Tech has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Nov 2023.
The registered office of Kaizen Spin Tech is at 2 S.K.S.Nagar Uthangudi, Madurai, Tamil Nadu, India – 625107.