Manisha Spinning Mills Private Limited
About Manisha Spinning Mills Private Limited
Data last updated:
Manisha Spinning Mills Private Limited is a private limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1990PTC010656. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83.48 Lakh. It was formerly known as Kiran Spinning and General Mills Limited. It is led by directors Sahil Dhawan and Rahul Dhawan.
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 164 Industrial Area A Ludhiana, Punjab, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.42 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹86.09 Lakh (net margin -19.5%) and EBITDA of -₹20.6 Lakh (EBITDA margin -4.7%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 30% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.28 Cr and satisfied charges of ₹11.15 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Manisha Spinning Mills Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address164 Industrial Area A Ludhiana, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Manisha Spinning Mills Private Limited, buy the company report.
- 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
Business activity
The main business activity of Manisha Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Manisha Spinning Mills Private Limited, buy the company report.
Financials of Manisha Spinning Mills Private Limited
FY 2023 filings availableManisha Spinning Mills Private Limited reported revenue of ₹4.42 Cr (down 74% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 74% fall in the latest year. EBITDA fell 121% 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 | ₹4.42 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹86.09 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 | -4.7% | ||||
| Net Profit Margin | -19.5% | ||||
| 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 Manisha Spinning Mills Private Limited, buy the company report.
Board of directors of Manisha Spinning Mills Private Limited
Manisha Spinning Mills has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Dhawan Also directs: Satyanand Combing and Spinning Machines Private Limited | Director | 15 Jul 2005 | 21 Years 3 Months | Current |
| Rahul Dhawan Also directs: Satyanand Combing and Spinning Machines Private Limited | Director | 01 Jul 2001 | 25 Years 4 Months | Current |
Peer comparison
Manisha Spinning Mills Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pinehill Business Direct Private Limited | ₹4.42 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Vaman Fabrics Private Limited | ₹4.42 Cr (FY 2016) | -88.0% | Surat, Gujarat, India | |||
| Manisha Spinning Mills Private Limitedthis company | ₹4.42 Cr (FY 2023) | -₹86.09 Lakh | -19.5% | -74.0% | 2 | Punjab, India |
| Ganpati Sulz Tex Private Limited | ₹4.41 Cr (FY 2025) | -22.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Manisha Spinning Mills Private Limited, buy the company report.
Auditor
Manisha Spinning Mills Private Limited is audited by RAJESH MEHRU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2023 | 011715N |
Shareholding
The shareholding of Manisha Spinning Mills 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 Manisha Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2018 | 100232999 | Hdfc Bank Limited | ₹5.28 Cr | Open | |
| 20 Apr 2017 | 100113233 | Others | ₹1 Cr | Satisfied | |
| 25 Jul 2014 | 10515597 | Others | ₹5 Cr | Satisfied | |
| 18 Apr 2011 | 10284807 | Dena Bank | ₹2.3 Cr | Satisfied | |
| 21 Oct 2009 | 10186747 | Idbi Bank Limited | ₹1.81 Cr | Satisfied |
To see the full charge records of Manisha Spinning Mills Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Manisha Spinning Mills Private Limited has 4 court cases on record: 3 filed by Manisha Spinning Mills, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Shriram Finance Ltd | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed by the company against State of Punjab and Anr. | Disposed |
| High Court, CHANDIGARH (UT) | Civil miscellaneous application | Filed by the company against State of PB. Etc. | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against State of PB. and Ors. | Disposed |
To see the full case history of Manisha Spinning Mills 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
No delayed payments to MSME suppliers are on our record for Manisha Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manisha Spinning Mills Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Manisha Spinning Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Manisha Spinning Mills Private Limited, buy the company report.
Recent activity
Manisha Spinning Mills Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Sahil Dhawan was appointed as Director on 15 Jul 2005.
17 earlier events are in the company report.
Frequently asked questions
Manisha Spinning Mills is an active private limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 August 1990 (36+ years old) and is registered under CIN U17115PB1990PTC010656.
Manisha Spinning Mills has 2 current directors:
- Sahil Dhawan - Director
- Rahul Dhawan - Director
The latest financial statements of Manisha Spinning Mills 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.
No. Manisha Spinning Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Manisha Spinning Mills is U17115PB1990PTC010656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manisha Spinning Mills has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Manisha Spinning Mills was incorporated on 29 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Manisha Spinning Mills by revenue are Pinehill Business Direct Private Limited, Vaman Fabrics Private Limited, Ganpati Sulz Tex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sahil Dhawan was appointed as Director on 15 Jul 2005. Rahul Dhawan was appointed as Director on 01 Jul 2001.
The registered office of Manisha Spinning Mills is at 164 Industrial Area A Ludhiana, Punjab, India.
Manisha Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.
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