Kaur Sain Spinners Limited
About Kaur Sain Spinners Limited
Data last updated:
Kaur Sain Spinners Limited is a public limited company based in Doraha, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 September 1997.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1997PLC020455. Its GSTIN is 03AABCK6958K1Z9 (Punjab).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹40 Cr. It is led by directors including Arvind Chauhan Singh (Whole-Time Director) and Sanjay Kumar Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Village Arrincha Gt Road Opposite Macdonalds P.O. Doraha, Punjab, India – 141421.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.84 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹4.4 Cr (net margin -239.8%) and EBITDA of ₹92.16 Lakh (EBITDA margin 50.2%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 63% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹682.65 Cr and satisfied charges of ₹139.75 Cr on record. Court records list 50 cases involving the company, including 22 filed by the company and 25 filed against it; 14 cases are pending.
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- Registered AddressVillage Arrincha Gt Road Opposite Macdonalds P.O. Doraha, Punjab, India – 141421
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Kaur Sain Spinners Limited
The main business activity of Kaur Sain Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kaur Sain Spinners Limited FY 2024 filings available
Kaur Sain Spinners Limited reported revenue of ₹1.84 Cr (down 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kaur Sain Spinners Limited
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 86% fall in the latest year. EBITDA rose 40% 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 of Kaur Sain Spinners Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹92.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.4 Cr | •••• | •••• | •••• | •••• |
| 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 of Kaur Sain Spinners Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -239.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kaur Sain Spinners are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kaur Sain Spinners Limited
Kaur Sain Spinners Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KG Corporation Limited | ₹1.84 Cr (FY 2020) | •••• | •••• | -77.0% | •••• | Silvassa, Dadra and Nagar Haveli, India |
| Ruia Garments Private Limited | ₹1.84 Cr (FY 2024) | •••• | •••• | -72.0% | •••• | Mumbai, Maharashtra, India |
| Indra Fabrics Private Limited | ₹1.84 Cr (FY 2018) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Recre8 Tech Private Limited | ₹1.84 Cr (FY 2025) | •••• | •••• | 307.0% | •••• | Gurgaon, Haryana, India |
| Relax Knitting Private Limited | ₹1.84 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Kaur Sain Spinners Limited this company | ₹1.84 Cr (FY 2024) | •••• | •••• | -86.0% | •••• | Doraha, Punjab, India |
| Akg Trends Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 7300.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Happy Wardrobe Private Limited | ₹1.83 Cr (FY 2023) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Shiva Fabtex Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Punjab, India |
| Malwa Overseas Limited | ₹1.83 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Indore, Madhya Pradesh, India |
| Rigaa Clothings Private Limited | ₹1.83 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kaur Sain Spinners by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kaur Sain Spinners Limited
Kaur Sain Spinners Limited is audited by Anish Singla & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Anish Singla & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kaur Sain Spinners Limited
Kaur Sain Spinners has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Chauhan Singh Also directs: Mittal Cotspin Limited | Whole-Time Director | 11 May 2017 | 9 Years 5 Months | As last reported |
| Pawan Kumar | Director | 18 Sep 1997 | 29 Years 0 Months | As last reported |
| Nipan Bansal Also directs: Competent Insolvency Professionals Private Limited | Irp/Rp/Liquidator | 21 May 2024 | 2 Years 4 Months | As last reported |
| Sanjay Kumar Mittal | Whole-Time Director | 17 Jan 2011 | 15 Years 8 Months | As last reported |
Ownership and Shareholding of Kaur Sain Spinners Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kaur Sain Spinners Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2017 | Others | ₹116.75 Cr | Open |
| 05 Aug 2016 | Others | ₹4.8 Cr | Open |
| 20 May 2016 | Others | ₹140 Cr | Open |
| 23 Feb 2016 | Central Bank of India | ₹3 Cr | Open |
| 09 Feb 2015 | Oriental Bank of Commerce | ₹36 Cr | Open |
Total charge records: 20 View all charges
Legal Cases of Kaur Sain Spinners Limited
Kaur Sain Spinners Limited has 50 court cases on record: 22 filed by Kaur Sain Spinners, 25 filed against it, 3 where it is another party. 14 cases are pending and 36 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 25 | 9 |
| High courts | 16 | 0 | 5 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Central Bank of India Limited | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Indian Acrylics Limited | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by an individual | Pending |
Full case history
All 50 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Kaur Sain Spinners Limited
Kaur Sain Spinners Limited has a workforce of 11 employees as of Mar 22, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Kaur Sain Spinners Limited
Kaur Sain Spinners has one previous CIN (Corporate Identification Number): L17115PB1997PLC020455. The current CIN is U17115PB1997PLC020455, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115PB1997PLC020455 | Current |
| L17115PB1997PLC020455 | Previous |
Recent Activity on Kaur Sain Spinners Limited
Kaur Sain Spinners Limited has 13 board changes on record since 1997: 4 appointments and 9 cessations. The latest: Nipan Bansal was appointed as Irp/Rp/Liquidator on 21 May 2024.
37 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kaur Sain Spinners Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kaur Sain Spinners Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kaur Sain Spinners Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kaur Sain Spinners Limited
Kaur Sain Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCK6958K1Z9 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kaur Sain Spinners Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kaur Sain Spinners Limited
Kaur Sain Spinners is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Kaur Sain Spinners is a company under insolvency, formerly operating as a public limited company based in Doraha, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 September 1997 and is registered under CIN U17115PB1997PLC020455. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kaur Sain Spinners reported revenue of ₹1.84 Cr for FY 2024 (down 86% YoY).
Kaur Sain Spinners has 4 current directors:
- Arvind Chauhan Singh - Whole-Time Director
- Sanjay Kumar Mittal - Whole-Time Director
- Pawan Kumar - Director
- Nipan Bansal - Irp/Rp/Liquidator
Kaur Sain Spinners reported a net loss of ₹4.4 Cr (net margin -239.8%) and EBITDA of ₹92.16 Lakh (EBITDA margin 50.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kaur Sain Spinners is -31% over three years and -63% over five years. In the latest year (FY 2024) revenue fell 86%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Kaur Sain Spinners is U17115PB1997PLC020455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaur Sain Spinners has open charges of ₹682.65 Cr and satisfied charges of ₹139.75 Cr as per latest MCA filings.
Kaur Sain Spinners has 50 court cases on record: 22 filed by the company and 25 filed against it. 14 are pending. Most are in the district courts.
Kaur Sain Spinners was incorporated on 18 September 1997. It is registered with the Registrar of Companies, Chandigarh.
The peers of Kaur Sain Spinners by revenue are KG Corporation Limited, Ruia Garments Private Limited, Indra Fabrics Private Limited, Recre8 Tech Private Limited, Relax Knitting Private Limited and 5 more, all in the Manufacturing industry (Textiles).