Spinsun Solutions Private Limited
About Spinsun Solutions Private Limited
Data last updated:
Spinsun Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA2014PTC075236. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pramodh Gopal and Janani Thyagarajan.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹44.86 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹18,184 (net margin 0.4%) and EBITDA of ₹1.65 Lakh (EBITDA margin 3.7%).
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Spinsun Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.150/1 (Old No.12) Shop No.10 Mathrushree Nilaya Hegganahalli Main Road Vishwaneedam Pos, T, Bangalore, Karnataka, India – 560091
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Spinsun Solutions 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 Spinsun Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Spinsun Solutions Private Limited, buy the company report.
Financials of Spinsun Solutions Private Limited
FY 2017 filings availableSpinsun Solutions Private Limited reported revenue of ₹44.86 Lakh (up 18% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | ₹1.65 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹18,184 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.7% | ||
| Net Profit Margin | 0.4% | ||
| 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 Spinsun Solutions Private Limited, buy the company report.
Board of directors of Spinsun Solutions Private Limited
Spinsun Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramodh Gopal | Director | 07 Jul 2014 | 12 Years 3 Months | Current |
| Janani Thyagarajan | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
Auditor
Spinsun Solutions Private Limited is audited by AMIT PAWANI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT PAWANI & CO | FY 2016 | 013869S |
Shareholding
The shareholding of Spinsun Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Spinsun Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2015 | 10560271 | State Bank of Mysore | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Spinsun Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ruthika Power Electric Solutions Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ruthika Power Electric Solutions Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
To see the full case history of Spinsun Solutions 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 Spinsun Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spinsun Solutions 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 Spinsun Solutions Private Limited, buy the company report.
Recent activity
Spinsun Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Gnana Prakash ceased to be Director on 01 Jan 2016.
Frequently asked questions
Spinsun Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 July 2014 (12+ years old) and is registered under CIN U29248KA2014PTC075236.
Spinsun Solutions has 2 current directors:
- Pramodh Gopal - Director
- Janani Thyagarajan - Director
The latest financial statements of Spinsun Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
No. Spinsun Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Spinsun Solutions is U29248KA2014PTC075236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinsun Solutions has 3 court cases on record: 3 filed against it.
Spinsun Solutions was incorporated on 07 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Gnana Prakash ceased to be Director on 01 Jan 2016. Janani Thyagarajan was appointed as Director on 01 Jan 2016. Pramodh Gopal was appointed as Director on 07 Jul 2014.
The registered office of Spinsun Solutions is at No.1501 Old No.12 Shop No.10 Mathrushree Nilaya Hegganahalli Main Road Vishwaneedam Pos, T, Bangalore, Karnataka, India – 560091.
Spinsun Solutions operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
