Orissa Spinning Mills Ltd
About Orissa Spinning Mills Ltd
Data last updated:
Orissa Spinning Mills Ltd is a public limited company based in Sundergarh, Odisha, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 March 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U17111OR1975PLC000657.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.18 Cr. It is led by directors including Nirmal Kumar Goenka and Bir Kumar Chatterjee.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at At/Po: Rajgangpur, Sundergarh, Odisha, India – 770017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Lakh. For the same year it recorded a net loss of ₹95.18 Lakh and EBITDA of -₹4.97 Lakh (EBITDA margin -405.4%).
As per MCA filings, the company has open charges of ₹87.84 Cr on record. Court records list 39 cases involving the company, including 18 filed by the company and 21 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Orissa Spinning Mills Ltd's registered office is in Sundergarh, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt/Po: Rajgangpur, Sundergarh, Odisha, India – 770017
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Orissa Spinning Mills Ltd, 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
Financials of Orissa Spinning Mills Ltd
FY 2025 filings availableOrissa Spinning Mills Ltd reported revenue of ₹1.23 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹4.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹95.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -405.4% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Orissa Spinning Mills Ltd, buy the company report.
Board of directors of Orissa Spinning Mills Ltd
Orissa Spinning Mills has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Goenka | Director | 26 Mar 1975 | 51 Years 6 Months | Current |
| Bir Kumar Chatterjee | Additional Director | 06 Sep 2014 | 12 Years 1 Months | Current |
| Partha Dasgupta | Additional Director | 10 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Orissa Spinning Mills Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raised Apparels Private Limited | ₹1.24 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Eshu Textiles Private Limited | ₹1.24 Lakh (FY 2021) | Kasganj, Uttar Pradesh, India | ||||
| R3g Apparel Retail Private Limited | ₹1.24 Lakh (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Fineburlap Merchants Private Limited | ₹1.24 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Avani Cotex Limited | ₹1.23 Lakh (FY 2018) | 25.0% | Sangrur, Punjab, India | |||
| Orissa Spinning Mills Ltdthis company | ₹1.23 Lakh (FY 2025) | -₹95.18 Lakh | Sundergarh, Odisha, India | |||
| Populas Enterprises Private Limited | ₹1.23 Lakh (FY 2019) | -48.0% | New Delhi, Delhi, India | |||
| Shivam Elastic & Tape Private Limited | ₹1.22 Lakh (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Trialshot Fashion Private Limited | ₹1.22 Lakh (FY 2024) | 10.0% | Hapur, Uttar Pradesh, India | |||
| Alveeno Synthetics Pvt Ltd | ₹1.21 Lakh (FY 2017) | -14.0% | Mumbai, Maharashtra, India | |||
| Pachu Ashi Aradana Exims Traders Private Limited | ₹1.21 Lakh (FY 2019) | -75.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Orissa Spinning Mills Ltd, buy the company report.
Auditor
Orissa Spinning Mills Ltd is audited by A.K. BARMAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. BARMAN & ASSOCIATES | FY 2023 | 316190E |
Shareholding
The shareholding of Orissa Spinning Mills Ltd 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 Orissa Spinning Mills Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 1998 | 90384502 | Allahabad Bank | ₹30.98 Cr | Open | |
| 13 Sep 1997 | 90382222 | Icici Banking Corporation Ltd. | ₹1 Cr | Open | |
| 07 Jun 1997 | 90384497 | Industrial Promotion & Investment Corporation of Orissa Ltd. | ₹15 Lakh | Open | |
| 18 Mar 1997 | 90382217 | Icici Bank Ltd. | ₹2.5 Cr | Open | |
| 08 Aug 1996 | 90382216 | Icici Banking Corporation | ₹1.5 Cr | Open |
To see the full charge records of Orissa Spinning Mills Ltd, buy the company report.
Total charge records: 17 View all charges
Legal cases
Orissa Spinning Mills Ltd has 39 court cases on record: 18 filed by Orissa Spinning Mills, 21 filed against it. 12 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 11 | 7 |
| District courts | 11 | 10 | 5 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Appeal | Filed against the company by M/S. Dalmia Cement (Bharat) Ltd. | Pending |
| Calcutta High Court | Court case (FAT) | Filed by the company against Transport Corporation of India Ltd. | Pending |
| District court, Sundargarh, Orissa | Civil suit | Filed against the company by Ocl India Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Shree Ganesh Knitindia Ltd., | Disposed |
| High Court | Court case (APOT) | Filed against the company by M/S.Abs Spinning Orissa Ltd. | Disposed |
To see the full case history of Orissa Spinning Mills Ltd, 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 Orissa Spinning Mills Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Orissa Spinning Mills Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Orissa Spinning Mills Ltd has 8 board changes on record since 1975: 3 appointments and 5 cessations. The latest: Sajal Kar ceased to be Additional Director on 12 Aug 2019.
25 earlier events are in the company report.
Frequently asked questions
Orissa Spinning Mills is an active public limited company based in Sundergarh, Odisha, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 March 1975 (51+ years old) and is registered under CIN U17111OR1975PLC000657.
Orissa Spinning Mills has 3 current directors:
- Nirmal Kumar Goenka - Director
- Bir Kumar Chatterjee - Additional Director
- Partha Dasgupta - Additional Director
The latest financial statements of Orissa Spinning Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Orissa Spinning Mills is U17111OR1975PLC000657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orissa Spinning Mills has 39 court cases on record: 18 filed by the company and 21 filed against it. 12 are pending. Most are in the high courts.
Orissa Spinning Mills was incorporated on 26 March 1975, making it 51+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Orissa Spinning Mills by revenue are Raised Apparels Private Limited, Eshu Textiles Private Limited, R3g Apparel Retail Private Limited, Fineburlap Merchants Private Limited, Avani Cotex Limited and 5 more, all in the Manufacturing industry (Textiles).
Sajal Kar ceased to be Additional Director on 12 Aug 2019. Partha Dasgupta was appointed as Additional Director on 10 Aug 2019. Partha Dasgupta ceased to be Director on 13 Apr 2019. Orissa Spinning Mills has 8 board changes on record in total.
The registered office of Orissa Spinning Mills is at AtPo: Rajgangpur, Sundergarh, Odisha, India – 770017.
Orissa Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.
Orissa Spinning Mills has open charges of ₹87.84 Cr and no satisfied charges on record as per latest MCA filings.