Spin Packaging Limited.
About Spin Packaging Limited.
Data last updated:
Spin Packaging Limited. is a public limited company based in Bilaspur, Chhattisgarh, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 16 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U25203CT1991PLC006713. Its GSTIN is 22AACCS3713K1ZL (Chattisgarh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹4.64 Cr. It was formerly known as Spin Packaging Private Limited. It is led by directors including Asha Devi Agrawal and Ramavtar Agrawal.
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 Sector – C Plot No.61&621 Industrial Estate Sirggitti Bilaspur, Chhattisgarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹228.5 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹33.64 Lakh (net margin 0.1%) and EBITDA of ₹12.31 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
The company has about 121 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹48.48 Cr and satisfied charges of ₹29.8 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSector – C Plot No.61&621 Industrial Estate Sirggitti Bilaspur, Chhattisgarh, India
- IndustryPackaging, Industrial Packaging Solutions
- 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 Spin Packaging Limited.
The main business activity of Spin Packaging Limited is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco 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 Spin Packaging Limited. FY 2024 filings available
Spin Packaging Limited. reported revenue of ₹228.5 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spin Packaging Limited.
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 17% growth in the latest year. EBITDA rose 544% 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 Spin Packaging Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹12.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.64 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 of Spin Packaging Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Spin Packaging Limited 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 Spin Packaging Limited.
Spin Packaging Limited. is compared with the companies closest to it by revenue in the Packaging industry (Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaidayal Hitex Private Limited | ₹239.94 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Varanasi, Uttar Pradesh, India |
| The Angus Company Limited | ₹238.06 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Shri Khemisati Polysacks Private Limited | ₹232.66 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Sacos Indigo Private Limited | ₹230.71 Cr (FY 2016) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Polyspin Exports Limited Listed | ₹228.84 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Tamil Nadu, India |
| Spin Packaging Limited. this company | ₹228.5 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bilaspur, Chhattisgarh, India |
| Sun Polytex Private Limited | ₹224.97 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Udaipur, Rajasthan, India |
| Kelvin Jute Limited | ₹221.9 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Bright Packaging Private Limited | ₹220.11 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Karnataka, India |
| Kanpur Packagers Private Limited | ₹219.71 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Kanpur, Uttar Pradesh, India |
| Jakhotia Polyfibre Private Limited | ₹218.25 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Spin Packaging Limited by revenue in the Packaging industry (Woven Products), 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 Spin Packaging Limited.
Spin Packaging Limited. is audited by DEEPAK AKASH & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK AKASH & 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 Spin Packaging Limited.
Spin Packaging Limited has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Devi Agrawal | Director | 18 Nov 2022 | 3 Years 10 Months | Current |
| Ramavtar Agrawal Also directs: Jayem Buildtech LLP, Cpcbl Steels and Power Private Limited, Chhattisgarh Power and Coal Benefication Limited and 3 more | Director | 16 Oct 1991 | 34 Years 11 Months | Current |
| Shikhar Agarwal Also directs: Jayem Buildtech LLP, Cpcbl Steels and Power Private Limited, Chhattisgarh Power and Coal Benefication Limited and 3 more | Director | 01 Mar 2025 | 1 Years 7 Months | Current |
| Mukesh Kedia Also directs: A. S. Fun Private Limited | Director | 15 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Spin Packaging 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 Spin Packaging Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2024 | Axis Bank Limited | ₹2.25 Cr | Open |
| 27 Sep 2021 | Axis Bank Limited | ₹31 Cr | Open |
| 25 Jun 2021 | Axis Bank Limited | ₹8.95 Cr | Open |
| 18 Feb 2021 | Axis Bank Limited | ₹2.05 Cr | Open |
| 30 Jun 2014 | Hdfc Bank Limited | ₹40 Lakh | Open |
Total charge records: 12 View all charges
Legal Cases of Spin Packaging Limited.
Spin Packaging Limited. has 14 court cases on record: 9 filed by Spin Packaging Limited, 4 filed against it, 1 where it is another party. 2 cases are pending and 12 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 2 |
| District courts | 5 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Writ petition | Filed against the company by Sita Cement Ltd | Disposed |
| High Court of Chhattisgarh | Court case (FAM) | Filed against the company by an individual | Pending |
| High Court of Chhattisgarh | Motor accident claim | Company is another party | Pending |
| District court, Raipur, Chhattisgarh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Raipur, Chhattisgarh | Commercial suit | Filed by the company against an individual | Disposed |
Full case history
All 14 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 Spin Packaging Limited.
Spin Packaging Limited. has a workforce of 121 employees as of Nov 26, 2025.
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.
Group Structure of Spin Packaging Limited.
Spin Packaging Limited has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Chhattisgarh Power And Coal Beneficiation Limited | U40106CT2003PLC015560 | Locked |
| Sna Fun Private Limited | U92140CT2011PTC022337 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Spin Packaging Limited.
Spin Packaging Limited has one previous CIN (Corporate Identification Number): U25203MP1991PLC006713. The current CIN is U25203CT1991PLC006713, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25203CT1991PLC006713 | Current |
| U25203MP1991PLC006713 | Previous |
Recent Activity on Spin Packaging Limited.
Spin Packaging Limited. has 8 board changes on record since 1991: 4 appointments and 4 cessations. The latest: Shikhar Agarwal was appointed as Director on 01 Mar 2025.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spin Packaging 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 Spin Packaging 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 Spin Packaging 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 Spin Packaging Limited.
Spin Packaging Limited has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCS3713K1ZL | Chattisgarh | Active | 01 Jul 2017 |
| 22AACCS3713K2ZK | Chattisgarh | Active | 28 Oct 2021 |
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 Spin Packaging 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 Spin Packaging Limited.
Spin Packaging Limited is an active public limited company based in Bilaspur, Chhattisgarh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 16 October 1991 (35+ years old) and is registered under CIN U25203CT1991PLC006713.
Spin Packaging Limited reported revenue of ₹228.5 Cr for FY 2025 (up 17% YoY).
Spin Packaging Limited has 4 current directors:
- Asha Devi Agrawal - Director
- Ramavtar Agrawal - Director
- Shikhar Agarwal - Director
- Mukesh Kedia - Director
Spin Packaging Limited reported a net profit of ₹33.64 Lakh (net margin 0.1%) and EBITDA of ₹12.31 Cr (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spin Packaging Limited is 3% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spin Packaging Limited is 22AACCS3713K1ZL, registered in Chattisgarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AACCS3713K2ZK (Chattisgarh).
The CIN (Corporate Identification Number) of Spin Packaging Limited is U25203CT1991PLC006713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spin Packaging Limited has 14 court cases on record: 9 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Spin Packaging Limited was incorporated on 16 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Spin Packaging Limited by revenue are Jaidayal Hitex Private Limited, The Angus Company Limited, Shri Khemisati Polysacks Private Limited, Sacos Indigo Private Limited, Polyspin Exports Limited and 5 more, all in the Packaging industry (Woven Products).
Shikhar Agarwal was appointed as Director on 01 Mar 2025. Mukesh Kedia was appointed as Director on 15 Mar 2024. Shikhar Agarwal ceased to be Director on 15 Mar 2024. Spin Packaging Limited has 8 board changes on record in total.