Aastha Filaments Private Limited

Aastha Filaments Private Limited - manufacturing in Surat, Gujarat, India. Directors, charges & compliance details.
CIN U17111GJ2003PTC043417 Incorporated 31 December 2003 ROC Ahmedabad HQ Surat, Gujarat, India
Converted to LLP Private Limited Company manufacturing
Data last updated
Revenue · FY 2022
₹3.58 Cr
▲ 68% YoY
Net loss · FY 2022
₹12.17 Lakh
Net margin -3.4%
EBITDA · FY 2022
₹5.36 Lakh
EBITDA margin 1.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹14.27 Lakh
Issued & subscribed
Satisfied charges
₹5.74 Cr
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
13
Provident fund records

About Aastha Filaments Private Limited

Data last updated:

Aastha Filaments Private Limited was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 December 2003.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2003PTC043417. Its GSTIN is 24AAECA5709K1ZP (Gujarat).

The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.27 Lakh. It was led by directors Pankajkumar Bhagwandas Rathi and Adityakumar Ramgopal Tiwari.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 451 Arihant Complex Nr. A.P. Market Udhna Main Road Udhna, Surat, Gujarat, India – 395017.

As per the financials filed for FY 2022, the company reported a revenue of ₹3.58 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹12.17 Lakh (net margin -3.4%) and EBITDA of ₹5.36 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹5.74 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Company details

CIN U17111GJ2003PTC043417
Registration Number 043417
Incorporation Date 31 December 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

Contact details

Aastha Filaments Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    451 Arihant Complex Nr. A.P. Market Udhna Main Road Udhna, Surat, Gujarat, India – 395017
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Aastha Filaments Private Limited, buy the company report.

Comprehensive company report
Aastha Filaments Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Aastha Filaments is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Aastha Filaments Private Limited, buy the company report.

Financials of Aastha Filaments Private Limited

FY 2022 filings available

Aastha Filaments Private Limited reported revenue of ₹3.58 Cr (up 68% YoY) for FY 2022.

Revenue · FY 2022
₹3.58 Cr ▲ 68%
Net loss · FY 2022
₹12.17 Lakh margin -3.4%
EBITDA · FY 2022
₹5.36 Lakh margin 1.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 16%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 239%
3 years · compounded
▲ 37%
5 years · compounded
▼ 36%

Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 239% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹5.36 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.17 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin1.5%
Net Profit Margin-3.4%
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 Aastha Filaments Private Limited, buy the company report.

Board of directors of Aastha Filaments Private Limited

Aastha Filaments has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pankajkumar Bhagwandas RathiDirector31 Dec 200322 Years 10 MonthsAs last reported
Adityakumar Ramgopal TiwariDirector31 Dec 200322 Years 10 MonthsAs last reported

Peer comparison

Aastha Filaments Private Limited is compared with the 9 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vikas Cotex Private Limited₹3.58 Cr (FY 2025)311.0%Shirpur, Maharashtra, India
Chandan Yadav Group Private Limited₹3.58 Cr (FY 2022)Faridabad, Haryana, India
Ms Sharwin Cottex Private Limited₹3.58 Cr (FY 2022)2654.0%Ahmedabad, Gujarat, India
K M Cotton Print Private Limited₹3.58 Cr (FY 2024)-22.0%Ahmedabad, Gujarat, India
Sri Kumaran Mills Private Limited₹3.58 Cr (FY 2025)-65.0%Coimbatore, Tamil Nadu, India
Aastha Filaments Private Limitedthis company₹3.58 Cr (FY 2022)-₹12.17 Lakh-3.4%68.0%13Surat, Gujarat, India
Jkothari Fashions Private Limited₹3.58 Cr (FY 2025)15.0%Howrah, West Bengal, India
Shri Raghunath Silk Mills Private Limited.₹3.58 Cr (FY 2024)9.0%Gujarat, India
Fibretree Spin Private Limited₹3.58 Cr (FY 2024)Ahmedabad, Gujarat, India
Vimal Perfect Merchant Private Limited₹3.57 Cr (FY 2024)-36.0%Mumbai, Maharashtra, India

To see the full peer comparison of Aastha Filaments Private Limited, buy the company report.

Auditor

Aastha Filaments Private Limited is audited by SANJAY MAHESHWARI & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SANJAY MAHESHWARI & ASSOCIATESFY 2020113289W

Shareholding

The shareholding of Aastha Filaments Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aastha Filaments Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹5.74 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.04 Cr
Ing Vysya Bank Limited₹2.53 Cr
Central Bank of India₹0.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Nov 201310460232Hdfc Bank Limited₹1.29 CrSatisfied
12 Aug 201310442175Hdfc Bank Limited₹1.74 CrSatisfied
11 Nov 200910184272Ing Vysya Bank Limited₹1.07 CrSatisfied
26 Dec 200610031198Ing Vysya Bank Limited₹12 LakhSatisfied
14 Dec 200580011536Ing Vysya Bank Limited₹1.07 CrSatisfied

To see the full charge records of Aastha Filaments Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aastha Filaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Aastha Filaments Private Limited has a workforce of 13 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-35%

GST

Aastha Filaments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECA5709K1ZPGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Aastha Filaments Private Limited, buy the company report.

Recent activity

Aastha Filaments Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Yogesh Harishchandra Pandey ceased to be Director on 24 Jun 2013.

AGM
Aastha Filaments Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge registered on 12 Nov 2013 via Charge ID 10460232 with Hdfc Bank Limited was fully satisfied on 02 Jul 2022.
Charges
A charge registered on 12 Aug 2013 via Charge ID 10442175 with Hdfc Bank Limited was fully satisfied on 02 Jul 2022.
Filing
Aastha Filaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 174.35 Lakh registered on 12 Aug 2013 with Charge ID 10442175 was modified on 23 Dec 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 129.35 Lakh registered on 12 Nov 2013 with Charge ID 10460232 was modified on 13 Nov 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 129.35 Lakh with Charge ID 10460232 was registered on 12 Nov 2013.
Charges
A charge registered on 11 Nov 2009 via Charge ID 10184272 with Ing Vysya Bank Limited was fully satisfied on 16 Sep 2013.
Charges
A charge registered on 14 Dec 2005 via Charge ID 80011536 with Ing Vysya Bank Limited was fully satisfied on 16 Sep 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 174.35 Lakh with Charge ID 10442175 was registered on 12 Aug 2013.
Ceased
Yogesh Harishchandra Pandey ceased to be Director.
Charges
A charge registered on 26 Dec 2006 via Charge ID 10031198 with Ing Vysya Bank Limited was fully satisfied on 19 May 2011.

16 earlier events are in the company report.

Frequently asked questions

Aastha Filaments has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Aastha Filaments was a private limited company based in Surat, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 31 December 2003 and is registered under CIN U17111GJ2003PTC043417. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Aastha Filaments is U17111GJ2003PTC043417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aastha Filaments had 2 directors:

Aastha Filaments was incorporated on 31 December 2003. It is registered with the Registrar of Companies, Ahmedabad.

The registered office of Aastha Filaments is at 451 Arihant Complex Nr. A.P. Market Udhna Main Road Udhna, Surat, Gujarat, India – 395017.

The latest financial statements of Aastha Filaments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Aastha Filaments is 24AAECA5709K1ZP, registered in Gujarat.

Aastha Filaments operated in the manufacturing industry, in the textile and fabric production segment.

The peers of Aastha Filaments by revenue are Vikas Cotex Private Limited, Chandan Yadav Group Private Limited, Ms Sharwin Cottex Private Limited, K M Cotton Print Private Limited, Sri Kumaran Mills Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Aastha Filaments has 1 court case on record: 1 filed against it.