Castle Spinners Private Limited
About Castle Spinners Private Limited
Data last updated:
Castle Spinners Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 08 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17299PB2010PTC033578. Its GSTIN is 03AAECC0309D1ZK (Punjab).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Tilak Raj Jain (Managing Director) and Raman Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Rishab Threads Private Limited. Lakhowal Road Kohara, Ludhiana, Punjab, India – 141112.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.57 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Lakh (net margin 0.7%) and EBITDA of ₹5.97 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 12% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O. Rishab Threads Private Limited. Lakhowal Road Kohara, Ludhiana, Punjab, India – 141112
- IndustryFashion and Textile, Fashion Retail
- 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 Castle Spinners Private Limited
The main business activity of Castle Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel 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 Castle Spinners Private Limited FY 2025 filings available
Castle Spinners Private Limited reported revenue of ₹2.57 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Castle Spinners Private Limited
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 26% 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 Castle Spinners Private 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 | ₹5.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.84 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 Castle Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Castle Spinners 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 Castle Spinners Private Limited
Castle Spinners Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aans Stores Private Limited | ₹2.58 Cr (FY 2024) | •••• | •••• | 560.0% | •••• | Burdwan, West Bengal, India |
| D Play Clothing Private Limited | ₹2.58 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kozhikode, Kerala, India |
| Kidswear Fabricators Private Limited | ₹2.58 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Siyazoo Textile Private Limited | ₹2.58 Cr (FY 2024) | •••• | •••• | 145765.0% | •••• | Bhilwara, Rajasthan, India |
| Rathod Textiles Private Limited | ₹2.58 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Coimbatore, Tamil Nadu, India |
| Castle Spinners Private Limited this company | ₹2.57 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ludhiana, Punjab, India |
| Jayskay Trading Pvt Ltd | ₹2.57 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ulhasnagar, Maharashtra, India |
| Bhagyesh Polytex Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mangrol, Gujarat, India |
| Asharam Texolin Pvt Ltd | ₹2.57 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Gujarat, India |
| Parama Heartbeat Sports (India) Private Limited | ₹2.57 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
| Omega Tex-Rising (India) Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Santacruz West, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Castle Spinners by revenue in the Apparel industry (Apparel Retail and Distribution, Textiles), 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 Castle Spinners Private Limited
Castle Spinners Private Limited is audited by RAKESH GROVER & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH GROVER & 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 Castle Spinners Private Limited
Castle Spinners has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tilak Raj Jain | Managing Director | 08 Feb 2010 | 16 Years 8 Months | Current |
| Raman Jain | Whole-Time Director | 23 Dec 2011 | 14 Years 9 Months | Current |
| Neeti Jain | Manager | 14 Jan 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Castle Spinners Private 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 Castle Spinners Private Limited
Castle Spinners Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Castle Spinners Private Limited
Castle Spinners Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Company petition | Filed against the company by Rishab Threads Private Limited | Disposed |
| High Court of Punjab and Haryana | Company petition | Filed against the company by Rishab Threads P VT. Ltd | Disposed |
Full case history
All 2 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 Castle Spinners Private Limited
Castle Spinners Private Limited has a workforce of 15 employees as of Mar 31, 2024.
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.
Recent Activity on Castle Spinners Private Limited
Castle Spinners Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Neeti Jain was appointed as Manager on 14 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Castle Spinners Private 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 Castle Spinners Private 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 Castle Spinners Private 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 Castle Spinners Private Limited
Castle Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECC0309D1ZK | Punjab | Active | 01 Jul 2017 |
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 Castle Spinners Private 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 Castle Spinners Private Limited
Castle Spinners is an active private limited company based in Ludhiana, Punjab, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 08 February 2010 (16+ years old) and is registered under CIN U17299PB2010PTC033578.
Castle Spinners reported revenue of ₹2.57 Cr for FY 2025 (up 4% YoY).
Castle Spinners has 3 current directors:
- Tilak Raj Jain - Managing Director
- Raman Jain - Whole-Time Director
- Neeti Jain - Manager
Castle Spinners reported a net profit of ₹1.84 Lakh (net margin 0.7%) and EBITDA of ₹5.97 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Castle Spinners is -19% over three years and -12% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Castle Spinners is 03AAECC0309D1ZK, registered in Punjab.
The CIN (Corporate Identification Number) of Castle Spinners is U17299PB2010PTC033578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Castle Spinners has 2 court cases on record: 2 filed against it.
Castle Spinners was incorporated on 08 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Castle Spinners by revenue are Aans Stores Private Limited, D Play Clothing Private Limited, Kidswear Fabricators Private Limited, Siyazoo Textile Private Limited, Rathod Textiles Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Textiles).
Neeti Jain was appointed as Manager on 14 Jan 2026. Mohinder Pal Jain ceased to be Managing Director on 30 Dec 2011. Raman Jain was appointed as Whole-Time Director on 23 Dec 2011. Castle Spinners has 5 board changes on record in total.