Katare Spinning Mills Limited - Company Profile

It is a environment public limited company based in Solapur, Maharashtra, India, established in 1980.
1980 Solapur, Maharashtra, India Active
Last Updated:
Access Report
About Katare Spinning Mills Limited

Katare Spinning Mills Limited, a active public limited company, was established on 08 August 1980 in Solapur, Maharashtra, India. Engaging in solar energy solutions within the manufacturing sector, it holds CIN: L17119PN1980PLC022962. Registered under ROC Roc Pune. it is listed on BSE: 502933. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹2.85 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹8.34 Cr and a net worth of ₹119.46 Cr. Employing 41 professional, Its leadership includes Vilas Ramakant Shendge (Director), Kamal Kishore Katare (Cfo), Yadgiri Narayan Konda (Director). Past directors included Prakash Venkappa Joti, Vilas Ramakant Shendge, Arati Virendra Bandi. It holds no open charges and ₹20.11 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 14/30 Ground Floor, B Wing, Katare Complex, Gandhinagar, Bl. No. 10, Solapur, Maharashtra, 413006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L17119PN1980PLC022962

  • Registration Number

    022962

  • Incorporation Date

    08 August 1980

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹2.85 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Listed (BSE: 502933)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 45 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 20.11 Cr
  • Revenue Growth **** -70.17%
  • Profit Growth **** -119.09%
  • Ebitda **** 84.78%
  • Net Worth -4.48%
  • Total Assets -4.31%
Company report

Katare Spinning Mills Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Katare Spinning Mills Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Katare Spinning Mills Limited?
Current Directors
Name Designation Appointment Date Status
Vilas Ramakant Shendge Director 11 Apr 2019 Current
Kamal Kishore Katare Cfo 11 Apr 2019 Current
Yadgiri Narayan Konda Director 30 Apr 2024 Current
Vidyavati Kishore Katare Director 28 Feb 2015 Current
Umakant Mahadevrao Mahindrakar Director 12 Aug 2006 Current
Kishore Tippanna Katare Managing Director 08 Aug 1980 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 09 Sep 2019 Past
Pramod Abcsdd Additional Director 09 Sep 2019 Past
Pramod Abcsdd Company Secretary 12 Apr 2021 Past
Pramod Abcsdd Director 09 Mar 2015 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 28 Jul 2022 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Katare Spinning Mills.

Katare Spinning Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.17% decrease. The company also saw a substantial fall in profitability, with a 119.09% decrease in profit. The company's net worth dipped by a decrease of 4.48%.

Katare Spinning Mills revenue growth over time
Katare Spinning Mills profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -70.17%
*******
*******
*******
*******
Revenue from Operations
*******
 104.31%
*******
*******
*******
*******
Total Assets
*******
 -4.31%
*******
*******
*******
*******
Profit or Loss
*******
 -119.09%
*******
*******
*******
*******
Net Worth
*******
 -4.48%
*******
*******
*******
*******
EBITDA
*******
 84.78%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Katare Spinning Mills?

In 2022, Katare Spinning Mills had a promoter holding of 47.73% and a public holding of 52.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹201,100,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 15.11 Cr
  • The Industrial Credit And Ivestment : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
24 Sep 2013 Bank Of India ₹9.00 Cr Satisfied
30 Mar 2009 Bank Of India ₹6.11 Cr Satisfied
14 Aug 1997 The Industrial Credit And Ivestment ₹5.00 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Katare Spinning Mills?

Katare Spinning Mills has a workforce of 41 employees as of Apr 06, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Katare 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 Katare 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Katare Spinning Mills
Recent Activity within the Organization
  • Annual General Meeting

    The activity Katare Spinning Mills Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Katare Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Director Appointment

    Yadgiri Narayan Konda was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Director Appointment

    Bhagyashree Rawani was appointed as a Company Secretary was appointed as a Company Secretary on 10 Nov 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 24 Sep 2013 via Charge ID 10455075 with Bank Of India was fully satisfied on 12 Oct 2021. was completed.

  • Charges

    Progress on A charge registered on 30 Mar 2009 via Charge ID 10158069 with Bank Of India was fully satisfied on 12 Oct 2021. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Katare Spinning Mills Limited?

The CIN of Katare Spinning Mills Limited is L17119PN1980PLC022962.

Where is Katare Spinning Mills Limited headquartered?

Katare Spinning Mills Limited is headquartered at 14/30 Ground Floor, B Wing, Katare Complex, Gandhinagar, Bl. No. 10, Solapur, Maharashtra, 413006.

When was Katare Spinning Mills Limited incorporated?

Katare Spinning Mills Limited was incorporated on 08 August 1980.

Who are the current directors of Katare Spinning Mills Limited?

The current directors of Katare Spinning Mills Limited are

What is the primary industry of Katare Spinning Mills Limited?

The primary industry of Katare Spinning Mills Limited is Manufacturing.

Is Katare Spinning Mills Limited a listed company?

Katare Spinning Mills Limited is listed. It is listed on BSE: 502933.

What is the capital structure of Katare Spinning Mills Limited?

The authorized capital of Katare Spinning Mills Limited is ₹6.00 Cr, and the paid-up capital is ₹2.85 Cr.

What is the compliance status of Katare Spinning Mills Limited?

The compliance status of Katare Spinning Mills Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available