Shriniwas Spintex Industries Private Limited

Shriniwas Spintex Industries Private Limited

Leading cotton yarn manufacturer with 18,240 spindles in Maharashtra, founded by Mr Gopal Rathi.

2013 Wardha, Maharashtra (India) Active

About

Basic Data Updated:

1 month ago

The manufacturing of cotton yarn at its unit in Hinganghat (Maharashtra) is the main focus of Shriniwas Spintex Industries Private Limited, as stated in its credit rating report. The company, which has an installed capacity of 18,240 spindles, is promoted by Mr. Gopal Rathi and his family. The Rathi family has been the driving force behind the success of SSIPL, with their dedication and hard work. The company's unit in Hinganghat is equipped with state-of-the-art technology and machinery, ensuring high-quality production. The credit rating report also highlights the company's commitment to sustainability and ethical practices in its operations. SSIPL's reputation as a reliable and trustworthy manufacturer of cotton yarn has made it a preferred choice among customers. With its strong leadership and efficient production processes, SSIPL continues to thrive in the competitive textile industry.

Industry

Company Details

  • Location

    Wardha, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU17200MH2013PTC251074
Company No.251074
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date17 Dec 2013
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Shriniwas Spintex Industries Private Limited

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Shriniwas Spintex Industries Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.87% decrease. The company also saw a substantial improvement in profitability, with a 45.72% increase in profit. The company's net worth Soared by an impressive increase of 26.53%.

Corporate Structure

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Unlock access to Shriniwas Spintex Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Shriniwas Spintex Industries Private Limited

Board Members(2)

Charges (Loans)

Open Charges

₹114.99 cr

LenderAmountStatus

Others

Creation Date: 01 Feb 2024
₹47.50 CrOpen

Others

Creation Date: 07 Mar 2022
₹4.99 CrOpen

Others

Creation Date: 20 Feb 2016
₹62.50 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Shriniwas Spintex Industries, 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 Shriniwas Spintex Industries's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

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    Active build-icon 77 years 7 months

    Govind Rathi is a mutual person

  • Grt Tex Industries Private Limited

    Grt Tex Industries Private Limited

    Active build-icon 6 years 2 months

    Govind Rathi is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Others amounted to Rs. 47.50 cr with Charge ID 100865580 was registered on 01 Feb 2024.

    01 Feb 2024
  • Activity

    Annual General Meeting

    Shriniwas Spintex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Shriniwas Spintex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others of Rs. 62.50 cr registered on 20 Feb 2016 with Charge ID 100046323 was modified on 29 Sep 2022.

    29 Sep 2022
  • Activity

    Charges

    A charge with Others amounted to Rs. 4.99 cr with Charge ID 100558062 was registered on 07 Mar 2022.

    07 Mar 2022

Frequently asked questions

What is the Incorporation or founding date of Shriniwas Spintex Industries Private Limited?

Shriniwas Spintex Industries Private Limited was incorporated 10 years 5 months ago on 17 Dec 2013 with Registrar of Companies Roc Mumbai.

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