Promoter holding
64.27%
DS
Decent Spinners Pvt. Ltd. - Due diligence report
A 360° intelligence report on Decent Spinners Pvt. Ltd.: trust score, financial health, credit view, compliance, directors, growth and distr…
DS
Decent Spinners Pvt. Ltd.
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Decent Spinners Pvt. Ltd. — 360° Intelligence Report
Generated from MCA filings & public records85/100
Trust Score
Low Risk
Decent Spinners Pvt. Ltd. is assessed as Low Risk with a Trust Score of 85/100. Decent Spinners Pvt. Ltd. is an active private limited indian non-government company incorporated in 1990, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 22 Jul 2026 from the latest processed filings. Decent Spinners Pvt. Ltd. snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
85/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
81/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 38%).
- Profitable - internal accruals available.
Charges position: 2 open (25.59 cr) · 8 satisfied (9.92 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 3 | 48.0 cr |
| Hdfc Bank Limited | 1 | 48.0 cr |
| Oriental Bank Of Commerce | 1 | 48.0 cr |
| State Bank Of India | 3 | 48.0 cr |
| Corporation Bank | 1 | 48.0 cr |
| Bank Of India | 1 | 48.0 cr |
Compliance Score: 81/100 Low Risk
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 1 court forum(s).
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VEERA GARG | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NARESH KUMAR GARG | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 2 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Operating for 36+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
2 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment63/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 25.59 cr already registered.
- Compliance record supports lending.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events02 Jan 2026
Director ceased
VEERA GARG
31 Mar 2025
Charge created
Others - 6.00 cr
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
01 May 2021
Securities allotted
94650 Equity Shares - 2.10 cr raised
20 Feb 2021
Charge created
Others - 19.59 cr
18 Feb 2021
Charge satisfied
Hdfc Bank Limited
22 Nov 2019
Charge satisfied
Corporation Bank
Charge satisfied
Others
07 Oct 2019
Charge created
Hdfc Bank Limited - 2.80 cr
27 May 2014
Charge created
Corporation Bank - 40.00 Lakh
09 Jan 2014
Charge satisfied
Oriental Bank Of Commerce
28 Dec 2013
Charge created
Others - 2.50 cr
11 Oct 2010
Securities allotted
200000.00 Equity Shares - 20.00 Lakh raised
02 Jul 2009
Charge satisfied
State Bank Of India
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Srimants Designer Clothing Private Limited | U17200MH2012PTC228752 | Mumbai, Maharashtra, India |
| Tulsi Synthetics Private Limited | U99999MH1990PTC059056 | Mumbai, Maharashtra, India |
| Best Active Apparel Private Limited | U17299TZ2019PTC032940 | Tirupur, Tamil Nadu, India |
| Indian Tanning Industries Private Limited | U19201WB1998PTC087832 | Kolkata, West Bengal, India |
| Goodlays Creations Private Limited | U18101DL2003PTC118371 | New Delhi, Delhi, India |
| D B V Cotton Mills Private Limited | U17115TZ1982PTC001145 | Tamilnadu, Tamil Nadu, India |
| Epic Brands Private Limited | U18109DL2015PTC280448 | New Delhi, Delhi, India |
| Nissan | U17119GJ1982PTC005734 | Ahmedabad, Gujarat, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Decent Spinners Pvt. Ltd. before audits and certifications: compliance score 81/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Decent Spinners Pvt. Ltd.: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Decent Spinners Pvt. Ltd. - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 85/100, distress signals and MSME payment-delay disclosures - know whether Decent Spinners Pvt. Ltd. pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Decent Spinners Pvt. Ltd. - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Decent Spinners Pvt. Ltd. an active company?
Decent Spinners Pvt. Ltd. has MCA status “Active” with a compliance score of 81/100 (Low Risk).
Is Decent Spinners Pvt. Ltd. financially healthy?
Decent Spinners Pvt. Ltd. has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.
Should I do business with Decent Spinners Pvt. Ltd.?
Its overall Trust Score is 85/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Decent Spinners Pvt. Ltd.?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.
Does Decent Spinners Pvt. Ltd. have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 8 earlier charge(s) stand satisfied.
Is Decent Spinners Pvt. Ltd. up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 81/100 (Low Risk).
Is it risky to lend to Decent Spinners Pvt. Ltd.?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
