
Shivam Spinfab Limited
About Shivam Spinfab Limited
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Shivam Spinfab Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2013PLC076697. Its GSTIN is 24AATCS7207F2Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹6 Lakh. It is led by directors including Borsaniya Bhanuben Jitendrabhai and Bhavika Ronakbhai Borsaniya.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.02 Lakh, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹31,028 (net margin -0.8%) and EBITDA of ₹34,372 (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivam Spinfab Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1203 Times Square Arcade Opp. Rambaug Nr Ravija Plaza Thaltej – Shilaj Road Tha, Ltej, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shivam Spinfab 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 Shivam Spinfab is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shivam Spinfab Limited, buy the company report.
Financials of Shivam Spinfab Limited
FY 2025 filings availableShivam Spinfab Limited reported revenue of ₹40.02 Lakh (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 59% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA fell 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹34,372 | ||||
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| Net Profit (PAT) | -₹31,028 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Shivam Spinfab Limited, buy the company report.
Board of directors of Shivam Spinfab Limited
Shivam Spinfab has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Borsaniya Bhanuben Jitendrabhai Also directs: Patidar Cot-Spin Private Limited | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Bhavika Ronakbhai Borsaniya | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Ritaben Sureshbhai Rajodiya | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Shivam Spinfab Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mehamia Textiles Private Limited | ₹40.12 Lakh (FY 2025) | -46.0% | Delhi, India | |||
| Unipulse Textiles Private Limited | ₹40.08 Lakh (FY 2017) | 75.0% | Kanpur, Uttar Pradesh, India | |||
| Shivam Spinfab Limitedthis company | ₹40.02 Lakh (FY 2025) | -₹31,028 | -0.8% | 59.0% | Ahmedabad, Gujarat, India | |
| Mimamsaa Designs Private Limited | ₹40 Lakh (FY 2019) | Pune, Maharashtra, India | ||||
| Moti Textiles Private Limited | ₹39.92 Lakh (FY 2025) | 2.0% | Boisar, Maharashtra, India | |||
| Meha Tex Private Limited | ₹39.91 Lakh (FY 2025) | -1.0% | Dhule, Maharashtra, India |
To see the full peer comparison of Shivam Spinfab Limited, buy the company report.
Auditor
Shivam Spinfab Limited is audited by YOGESH A. THAKER for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH A. THAKER | FY 2023 | 138685W |
Shareholding
The shareholding of Shivam Spinfab Limited 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 Shivam Spinfab Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shivam Spinfab Limited 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 Shivam Spinfab Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivam Spinfab has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS7207F2Z5 | Gujarat | Active | 17 Jun 2020 |
To see the full GST registrations and return filing status of Shivam Spinfab Limited, buy the company report.
Recent activity
Shivam Spinfab Limited has 9 board changes on record since 2013: 6 appointments and 3 cessations. The latest: Jitendrakumar Bhupatbhai Borsaniya ceased to be Director on 29 Jul 2017.
Frequently asked questions
Shivam Spinfab is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 September 2013 (13+ years old) and is registered under CIN U17120GJ2013PLC076697.
Shivam Spinfab has 3 current directors:
- Borsaniya Bhanuben Jitendrabhai - Director
- Bhavika Ronakbhai Borsaniya - Director
- Ritaben Sureshbhai Rajodiya - Director
The latest financial statements of Shivam Spinfab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shivam Spinfab is 24AATCS7207F2Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shivam Spinfab is U17120GJ2013PLC076697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam Spinfab was incorporated on 04 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shivam Spinfab by revenue are Mehamia Textiles Private Limited, Unipulse Textiles Private Limited, Mimamsaa Designs Private Limited, Moti Textiles Private Limited, Meha Tex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jitendrakumar Bhupatbhai Borsaniya ceased to be Director on 29 Jul 2017. Patel Madhavlal Jayeshkumar ceased to be Director on 29 Jul 2017. Sureshbhai Parbatbhai Rajodiya ceased to be Director on 29 Jul 2017. Shivam Spinfab has 9 board changes on record in total.
The registered office of Shivam Spinfab is at 1203 Times Square Arcade Opp. Rambaug Nr Ravija Plaza Thaltej – Shilaj Road Tha, Ltej, Ahmedabad, Gujarat, India – 380059.
Shivam Spinfab operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Shivam Spinfab is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.

