About Windston Springs Pvt Ltd
Data last updated:
Windston Springs Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH1983PTC029589. Its GSTIN is 27AAACW0542J1ZE (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹47.5 Lakh. It is led by directors including Narshi Shah Mulji and Devprabha Narshi Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.5 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹6.07 Cr (net margin 16.2%) and EBITDA of ₹9.76 Cr (EBITDA margin 26%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 127 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.1 Cr and satisfied charges of ₹48.6 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website windstonspring.com.
Company details
Contact details
Windston Springs Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is windstonspring.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit C – 25 Floor – 2 Plot – 13 Shree Ram Industrial Estate, G D Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Windston Springs 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 Windston Springs is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Windston Springs Pvt Ltd, buy the company report.
Financials of Windston Springs Pvt Ltd
FY 2024 filings availableWindston Springs Pvt Ltd reported revenue of ₹37.5 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 112% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.76 Cr | ||||
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| Net Profit (PAT) | ₹6.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 26% | ||||
| Net Profit Margin | 16.2% | ||||
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To see the full financial statements and ratios of Windston Springs Pvt Ltd, buy the company report.
Board of directors and KMP of Windston Springs Pvt Ltd
Windston Springs Pvt Ltd currently reports 3 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narshi Shah Mulji Also directs: Edma Cut Bombay Pvt Ltd, Form Metal Press Private Limited, Vel-More Home Decor Private Limited and 4 more | Director | 24 Jun 1997 | 29 Years 4 Months | Current |
| Devprabha Narshi Shah | Director | 04 Jun 2008 | 18 Years 5 Months | Current |
| Rupal Paren Shah Also directs: Gosar Fininvest Private Limited, Tayani Holdings Private Limited, Form Metal Press Private Limited and 2 more | Director | 19 Jan 2018 | 8 Years 9 Months | Current |
| Paren Narshi Shah Also directs: Edma Cut Bombay Pvt Ltd, Sitanshu Traders Pvt Ltd, Gosar Fininvest Private Limited and 1 more | Ceo | 07 Oct 2024 | 2 Years 1 Months | Current |
Peer comparison
Windston Springs Pvt Ltd is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Springs, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metal Work Pneumatic India Private Limited. | ₹37.71 Cr (FY 2024) | 21.0% | Bangalore, Karnataka, India | |||
| Windston Springs Pvt Ltdthis company | ₹37.5 Cr (FY 2024) | ₹6.07 Cr | 16.2% | 8.0% | 127 | Mumbai, Maharashtra, India |
| Metaval Engineering Private Limited | ₹37.44 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Shacha Technoforge Private Limited | ₹37.42 Cr (FY 2024) | 13.0% | Padavla, Gujarat, India | |||
| Goalprinet Engineering Formalisation Private Limited | ₹37.38 Cr (FY 2024) | 11.0% | Ahmednagar, Maharashtra, India |
To see the full peer comparison of Windston Springs Pvt Ltd, buy the company report.
Auditor
Windston Springs Pvt Ltd is audited by P K MALL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K MALL & ASSOCIATES | FY 2023 | 149702 |
Shareholding
The shareholding of Windston Springs Pvt 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 Windston Springs Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2024 | 100879882 | Idbi Bank Limited | ₹5 Cr | Open | |
| 28 Jun 2022 | 100607784 | Axis Bank Limited | ₹1.62 Cr | Open | |
| 02 Mar 1995 | 90163108 | The Surendranagar Peoples Co-Op. Bank Ltd. | ₹4 Lakh | Open | |
| 20 Aug 1991 | 90162521 | The Surendranagar Peoples Co-Op. Bank Ltd. | ₹2 Lakh | Open | |
| 24 Feb 1987 | 90162027 | The Surendranagar Peoples Co-Op. Bank Ltd. | ₹3 Lakh | Open |
To see the full charge records of Windston Springs Pvt Ltd, buy the company report.
Total charge records: 29 View all charges
Legal cases
Windston Springs Pvt Ltd has 8 court cases on record: 2 filed by Windston Springs, 6 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Civil suit | Filed by the company against Zen Air Tech Pvt Ltd | Disposed |
| District court, Surendranagar, Gujarat | Civil suit | Filed by the company against M/Sfouress Engineering(India)Ltd. | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Windston Springs Pvt 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.
Credit ratings & regulatory alerts
Windston Springs Pvt Ltd was last rated by Crisil on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Windston Springs Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Windston Springs Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Windston Springs has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Windston Springs Pvt Ltd has a workforce of 127 employees on its EPFO records as of Mar 21, 2024, across 2 active EPFO establishments.
GST
Windston Springs has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW0542J1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AAACW0542J2ZD | Maharashtra | Active | 04 Jun 2025 |
| 24AAACW0542J1ZK | Gujarat | Active | 01 Jul 2017 |
| 24AAACW0542J1DT | Gujarat | Active | 18 Apr 2025 |
To see the full GST registrations and return filing status of Windston Springs Pvt Ltd, buy the company report.
Recent activity
Windston Springs Pvt Ltd has 10 board changes on record since 1997: 4 appointments and 6 cessations. The latest: Paren Narshi Shah was appointed as CEO on 07 Oct 2024.
59 earlier events are in the company report.
Frequently asked questions
Windston Springs is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 March 1983 (43+ years old) and is registered under CIN U28910MH1983PTC029589.
Windston Springs has 4 current directors and KMP:
- Narshi Shah Mulji - Director
- Devprabha Narshi Shah - Director
- Rupal Paren Shah - Director
- Paren Narshi Shah - Ceo
The latest financial statements of Windston Springs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Windston Springs is 27AAACW0542J1ZE, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACW0542J2ZD (Maharashtra), 24AAACW0542J1ZK (Gujarat), 24AAACW0542J1DT (Gujarat).
The CIN (Corporate Identification Number) of Windston Springs is U28910MH1983PTC029589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Windston Springs has 8 court cases on record: 2 filed by the company and 6 filed against it. 4 are pending.
Windston Springs was incorporated on 21 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Windston Springs by revenue are Metal Work Pneumatic India Private Limited, Metaval Engineering Private Limited, Shacha Technoforge Private Limited, Goalprinet Engineering Formalisation Private Limited, all in the Automobiles industry (Auto Ancillary, Springs, Tools and Components), with the same principal business activity (metal and metal products).
Paren Narshi Shah was appointed as CEO on 07 Oct 2024. Lynette Hemant Shah ceased to be Director on 29 Feb 2024. Mayank Dhanji Karani ceased to be Additional Director on 21 Feb 2022. Windston Springs has 10 board changes on record in total.
Windston Springs can be reached through the website windstonspring.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Windston Springs is at Unit C – 25 Floor – 2 Plot – 13 Shree Ram Industrial Estate, G D Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
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