Aarnav Synthetics Private Limited
About Aarnav Synthetics Private Limited
Data last updated:
Aarnav Synthetics Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 04 October 1973.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1973PTC002397. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.76 Cr. It was formerly known as Omkar Textile Mills Private Limited. It was led by directors Champalal Gopiram Agarwal and Sumit Champalal Agarwal.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Survey No. 6/1 & 6/2 Gopi Compound Near Narol Village Narol, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.54 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 12.5%) and EBITDA of ₹2.23 Lakh (EBITDA margin 17.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 20% over five years.
As per MCA filings, the company had satisfied charges of ₹323.45 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Aarnav Synthetics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No. 6/1 & 6/2 Gopi Compound Near Narol Village Narol, Ahmedabad, Gujarat, India – 382405
- IndustryHome & Lifestyle, Textile Retail & Distribution, Home Furnishings & Accessories Retail
To see the full contact details of Aarnav Synthetics 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 Aarnav Synthetics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aarnav Synthetics Private Limited, buy the company report.
Financials of Aarnav Synthetics Private Limited
FY 2021 filings availableAarnav Synthetics Private Limited reported revenue of ₹12.54 Lakh (up 5% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.54 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 12.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Aarnav Synthetics Private Limited, buy the company report.
Board of directors of Aarnav Synthetics Private Limited
Aarnav Synthetics has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Champalal Gopiram Agarwal Also directs: Celestia Jubilee Realty LLP, Aarnav Fashions Limited, One World Texofab Private Limited and 4 more | Director | 02 Apr 2012 | 14 Years 7 Months | As last reported |
| Sumit Champalal Agarwal | Director | 02 Apr 2012 | 14 Years 7 Months | As last reported |
Peer comparison
Aarnav Synthetics Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crown Softech Private Limited | ₹12.57 Lakh (FY 2024) | -65.0% | New Delhi, Delhi, India | |||
| Rasada Enterprises Private Limited | ₹12.57 Lakh (FY 2025) | -79.0% | Bhilwara, Rajasthan, India | |||
| Aarnav Synthetics Private Limitedthis company | ₹12.54 Lakh (FY 2021) | ₹1.57 Lakh | 12.5% | 5.0% | Ahmedabad, Gujarat, India | |
| Silk Creations Private Limited | ₹12.52 Lakh (FY 2025) | 66.0% | Uttar Pradesh, India | |||
| Saharia Elastics Private Limited | ₹12.51 Lakh (FY 2025) | 12.0% | Gujarat, India |
To see the full peer comparison of Aarnav Synthetics Private Limited, buy the company report.
Auditor
Aarnav Synthetics Private Limited is audited by NAHTA JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAHTA JAIN & ASSOCIATES | FY 2021 | 106801W |
Shareholding
The shareholding of Aarnav Synthetics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aarnav Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2014 | 10514007 | Pnb Investment Services Ltd. Co. Punjab National Bank | ₹52.9 Cr | Satisfied | |
| 03 Jul 2014 | 10510027 | Pnb Investment Services Ltd. Co. Punjab National Bank | ₹52.9 Cr | Satisfied | |
| 16 Sep 2013 | 10453178 | Boi Consortium - Bank of India as Lead with Union Bank of India as Const Member | ₹48.57 Cr | Satisfied | |
| 22 Mar 2010 | 10208270 | Bank of India | ₹34.65 Cr | Satisfied | |
| 11 Mar 2010 | 10208269 | Boi Consortium - Bank of India as Lead with Union Bank of India as Const Member | ₹48.57 Cr | Satisfied |
To see the full charge records of Aarnav Synthetics Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Aarnav Synthetics Private Limited has 3 court cases on record: 3 filed by Aarnav Synthetics. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (MA(CompaniesAct)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company against an individual | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Aarnav Synthetics Private Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aarnav Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aarnav Synthetics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aarnav Synthetics Private Limited, buy the company report.
Recent activity
Aarnav Synthetics Private Limited has 8 board changes on record since 2002: 2 appointments and 6 cessations. The latest: Rajnikant Omkarmal Agarwal ceased to be Director on 28 Sep 2015.
51 earlier events are in the company report.
Frequently asked questions
Aarnav Synthetics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aarnav Synthetics was a private limited company based in Ahmedabad, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 04 October 1973 and is registered under CIN U17110GJ1973PTC002397. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aarnav Synthetics was incorporated on 04 October 1973. It is registered with the Registrar of Companies, Ahmedabad.
Aarnav Synthetics had 2 directors:
- Champalal Gopiram Agarwal - Director
- Sumit Champalal Agarwal - Director
The CIN (Corporate Identification Number) of Aarnav Synthetics is U17110GJ1973PTC002397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aarnav Synthetics is at Survey No. 61 & 62 Gopi Compound Near Narol Village Narol, Ahmedabad, Gujarat, India – 382405.
The latest financial statements of Aarnav Synthetics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
No. Aarnav Synthetics has 2 GST registrations on record and all of them are cancelled or inactive.
Aarnav Synthetics operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Aarnav Synthetics by revenue are Crown Softech Private Limited, Rasada Enterprises Private Limited, Silk Creations Private Limited, Saharia Elastics Private Limited, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Aarnav Synthetics has 3 court cases on record: 3 filed by the company.
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