Tricon Spinners Pvt Ltd
About Tricon Spinners Pvt Ltd
Data last updated:
Tricon Spinners Pvt Ltd is a private limited company based in Amritsar, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17119PB1992PTC012606. Its GSTIN is 03AABCT5251E1ZT (Punjab).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.23 Lakh. It is led by directors including Sneh Mahajan and Tushar Mahajan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ess N Ess Marketing Buildingbharat Nagar Batala Road, Amritsar, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹33.36 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹12,912 (net margin 0.4%) and EBITDA of ₹5.09 Lakh (EBITDA margin 15.3%).
As per MCA filings, the company has open charges of ₹53 Lakh and satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tricon Spinners Pvt Ltd's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEss N Ess Marketing Buildingbharat Nagar Batala Road, Amritsar, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tricon Spinners Pvt 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
Business activity
The main business activity of Tricon Spinners is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Tricon Spinners Pvt Ltd, buy the company report.
Financials of Tricon Spinners Pvt Ltd
FY 2019 filings availableTricon Spinners Pvt Ltd reported revenue of ₹33.36 Lakh (down 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA fell 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.36 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12,912 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Tricon Spinners Pvt Ltd, buy the company report.
Board of directors of Tricon Spinners Pvt Ltd
Tricon Spinners has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneh Mahajan | Director | 02 Jun 1999 | 27 Years 4 Months | Current |
| Tushar Mahajan | Director | 13 Feb 2001 | 25 Years 8 Months | Current |
| Suman Mahajan | Director | 13 Feb 2001 | 25 Years 8 Months | Current |
Auditor
Tricon Spinners Pvt Ltd is audited by SATISH MAHAJAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH MAHAJAN & CO | FY 2019 | 010944N |
Shareholding
The shareholding of Tricon Spinners Pvt Ltd is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tricon Spinners Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2020 | 100375519 | Bank of India | ₹8 Lakh | Open | |
| 20 Mar 2008 | 10107239 | Bank of India | ₹45 Lakh | Open | |
| 11 Dec 2002 | 90178388 | Bank of India | ₹10 Lakh | Satisfied | |
| 11 Dec 2002 | 90180596 | Bank of India | ₹10 Lakh | Satisfied |
To see the full charge records of Tricon Spinners Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Tricon Spinners Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tricon Spinners Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tricon Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCT5251E1ZT | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tricon Spinners Pvt Ltd, buy the company report.
Recent activity
Tricon Spinners Pvt Ltd has 3 board changes on record since 1999: 3 appointments. The latest: Suman Mahajan was appointed as Director on 13 Feb 2001.
Frequently asked questions
Tricon Spinners is an active private limited company based in Amritsar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 September 1992 (34+ years old) and is registered under CIN U17119PB1992PTC012606.
Tricon Spinners has 3 current directors:
- Sneh Mahajan - Director
- Tushar Mahajan - Director
- Suman Mahajan - Director
The latest financial statements of Tricon Spinners on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Tricon Spinners is 03AABCT5251E1ZT, registered in Punjab.
The CIN (Corporate Identification Number) of Tricon Spinners is U17119PB1992PTC012606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tricon Spinners was incorporated on 21 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
Suman Mahajan was appointed as Director on 13 Feb 2001. Tushar Mahajan was appointed as Director on 13 Feb 2001. Sneh Mahajan was appointed as Director on 02 Jun 1999.
The registered office of Tricon Spinners is at Ess N Ess Marketing Buildingbharat Nagar Batala Road, Amritsar, Punjab, India.
Tricon Spinners operates in the manufacturing industry, in the textile and fabric production segment.
Tricon Spinners has open charges of ₹53 Lakh and satisfied charges of ₹20 Lakh as per latest MCA filings.