Aakarshan Tex Fab Private Limited
About Aakarshan Tex Fab Private Limited
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Aakarshan Tex Fab Private Limited is a private limited company based in Dhule, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2005PTC155589. Its GSTIN is 27AAGCA5865N1Z2 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors Sandeep Vitthalrao Deore and Amruta Mayur Ravandale.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at At Post Khede Mukkam – Sutrepada, Dhule, Maharashtra, India – 424302.
As per the financials filed for FY 2021, the company reported a revenue of ₹95.85 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹15.02 Lakh (net margin -15.7%) and EBITDA of -₹7.16 Lakh (EBITDA margin -7.5%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 39% over five years.
As per MCA filings, the company has satisfied charges of ₹1.16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aakarshan Tex Fab Private Limited's registered office is in Dhule, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt Post Khede Mukkam – Sutrepada, Dhule, Maharashtra, India – 424302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aakarshan Tex Fab Private 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 Aakarshan Tex Fab 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 Aakarshan Tex Fab Private Limited, buy the company report.
Financials of Aakarshan Tex Fab Private Limited
FY 2021 filings availableAakarshan Tex Fab Private Limited reported revenue of ₹95.85 Lakh (down 39% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 551% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹7.16 Lakh | ||||
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| Net Profit (PAT) | -₹15.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -7.5% | ||||
| Net Profit Margin | -15.7% | ||||
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To see the full financial statements and ratios of Aakarshan Tex Fab Private Limited, buy the company report.
Board of directors of Aakarshan Tex Fab Private Limited
Aakarshan Tex Fab has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amruta Mayur Ravandale Also directs: Artisan Tex Fab Private Limited, Kaushalya Fabric Private Limited, Srishti Fabric Private Limited and 5 more | Additional Director | 25 Nov 2022 | 3 Years 10 Months | Current |
| Sandeep Vitthalrao Deore Also directs: Piotex Industries Limited, Simoni Textile Private Limited, Adhrit Textiles Private Limited and 2 more | Director | 08 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Aakarshan Tex Fab Private 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 |
|---|---|---|---|---|---|---|
| RCMT Clothings Private Limited | ₹96.07 Lakh (FY 2021) | -36.0% | Delhi, India | |||
| Kap Garments (India) Private Limited | ₹95.94 Lakh (FY 2024) | 39.0% | Delhi, India | |||
| Aakarshan Tex Fab Private Limitedthis company | ₹95.85 Lakh (FY 2021) | -₹15.02 Lakh | -15.7% | -39.0% | Dhule, Maharashtra, India | |
| Kudos Lifestyle Private Limited | ₹95.74 Lakh (FY 2024) | 119.0% | Ghaziabad, Uttar Pradesh, India | |||
| Bansi Silk Mills Private Limited | ₹95.65 Lakh (FY 2025) | 820.0% | Mumbai, Maharashtra, India | |||
| D.M.Sons Apparels Private Limited | ₹95.35 Lakh (FY 2024) | 1.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Aakarshan Tex Fab Private Limited, buy the company report.
Auditor
Aakarshan Tex Fab Private Limited is audited by M.B.AGRAWAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.B.AGRAWAL & CO. | FY 2017 | 100137W |
Shareholding
The shareholding of Aakarshan Tex Fab Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aakarshan Tex Fab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2012 | 10355744 | State Bank of India | ₹67 Lakh | Satisfied | |
| 18 Nov 2008 | 10137190 | Axis Bank Limited | ₹49.07 Lakh | Satisfied |
To see the full charge records of Aakarshan Tex Fab Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aakarshan Tex Fab Private 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 Aakarshan Tex Fab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aakarshan Tex Fab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA5865N1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakarshan Tex Fab Private Limited, buy the company report.
Recent activity
Aakarshan Tex Fab Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Amruta Mayur Ravandale was appointed as Additional Director on 25 Nov 2022.
2 earlier events are in the company report.
Frequently asked questions
Aakarshan Tex Fab is an active private limited company based in Dhule, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 August 2005 (21+ years old) and is registered under CIN U17120MH2005PTC155589.
Aakarshan Tex Fab has 2 current directors:
- Amruta Mayur Ravandale - Additional Director
- Sandeep Vitthalrao Deore - Director
The latest financial statements of Aakarshan Tex Fab on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakarshan Tex Fab is 27AAGCA5865N1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aakarshan Tex Fab is U17120MH2005PTC155589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakarshan Tex Fab was incorporated on 24 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aakarshan Tex Fab by revenue are RCMT Clothings Private Limited, Kap Garments (India) Private Limited, Kudos Lifestyle Private Limited, Bansi Silk Mills Private Limited, D.M.Sons Apparels Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Amruta Mayur Ravandale was appointed as Additional Director on 25 Nov 2022. Narendra Madhukar Kapadane ceased to be Director on 25 Nov 2022. Sandeep Vitthalrao Deore ceased to be Additional Director on 28 Sep 2013. Aakarshan Tex Fab has 6 board changes on record in total.
The registered office of Aakarshan Tex Fab is at At Post Khede Mukkam – Sutrepada, Dhule, Maharashtra, India – 424302.
Aakarshan Tex Fab operates in the manufacturing industry, in the textile and fabric production segment.
Aakarshan Tex Fab has no open charges and satisfied charges of ₹1.16 Cr as per latest MCA filings.