MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000302
Revenue · FY 2026
₹443.4 Cr
▲ 26% YoY
Net profit · FY 2026
₹23.74 Cr
Net margin 5.4%
EBITDA · FY 2026
₹53.17 Cr
EBITDA margin 12%
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹31.64 Cr
Issued & subscribed
Open charges
₹142.85 Cr
Satisfied ₹17 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
48
Provident fund records
About Aastha Spintex Limited
Data last updated:
Aastha Spintex Limited is a public limited company based in Halvad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17120GJ2013PLC076361. Its GSTIN is 24AALCA9242J1ZG (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544808 and NSE: AASTHA.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹31.64 Cr. It is led by directors including Divyang Jashwant Patel (Managing Director) and Vivek Rasiklal Gothi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad Maliya High Way, Gujarat, India – 363330.
As per the financials filed for FY 2026, the company reported a revenue of ₹443.4 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹23.74 Cr (net margin 5.4%) and EBITDA of ₹53.17 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 19% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹142.85 Cr and satisfied charges of ₹17 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 52 deals on record (22 secondary share transfers, 22 market trades, 4 funding rounds), with disclosed funding of ₹37.34 Cr; the latest was in September 2026.
Aastha Spintex Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000302). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aasthaspintex.com.
Company details
CIN L17120GJ2013PLC076361
Registration Number 076361
Incorporation Date 12 August 2013
ROC Ahmedabad
Listing Status Listed - Listed on NSE (AASTHA); Listed on BSE (544808)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000302
CIN history
Aastha Spintex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17120GJ2013PLC076361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120GJ2013PLC076361 | Current |
| U17120GJ2013PLC076361 | Previous |
| U17120GJ2013PTC076361 | Previous |
Key People
Divyang Jashwant Patel Managing Director Vivek Rasiklal Gothi Whole-Time Director Tushar Dhirubhai Devera Company Secretary Recognitions & Rankings of Aastha Spintex
Contact details
Aastha Spintex Limited's registered office is in Halvad, Gujarat.
- Registered AddressSurvey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad Maliya High Way, Gujarat, India – 363330
- IndustryManufacturing, Textile & Fabric Production
Comprehensive company report
Aastha Spintex 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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Financials of Aastha Spintex Limited
FY 2026 filings availableAastha Spintex Limited reported revenue of ₹443.4 Cr (up 26% YoY) for FY 2026.
Revenue · FY 2026
₹443.4 Cr ▲ 26%
Net profit · FY 2026
₹23.74 Cr margin 5.4%
EBITDA · FY 2026
₹53.17 Cr margin 12%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 23%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 56%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 26% growth in the latest year. EBITDA rose 7% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹443.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹53.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.74 Cr | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 Spintex Limited, buy the company report.
Board of directors and KMP of Aastha Spintex Limited
Aastha Spintex Limited currently reports 8 directors and 1 key managerial person. 12 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Rasiklal Gothi | Whole-Time Director | 12 Aug 2013 | 13 Years 3 Months | Current |
| Tushar Dhirubhai Devera Also directs: Asianline International Private Limited | Company Secretary | 01 Sep 2017 | 9 Years 2 Months | Current |
| Pankajbhai Chaturbhai Amrutiya | Director | 06 Nov 2024 | 2 Years 0 Months | Current |
| Jashwant Valjibhai Patel | Director | 15 Jan 2014 | 12 Years 9 Months | Current |
| Indira Suresh Vora | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Divyang Jashwant Patel | Managing Director | 12 Aug 2013 | 13 Years 3 Months | Current |
Showing 6 of 9 current directors and KMP. View all directors and KMP
Charges & borrowings
Open charges
₹142.85 Cr
Satisfied charges
₹17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2023 | 100685004 | Others | ₹62.33 Cr | Open | |
| 25 Jul 2022 | 100603137 | Others | ₹15.07 Cr | Open | |
| 20 Jun 2022 | 100593300 | Others | ₹3.12 Cr | Open | |
| 31 Jul 2014 | 10512702 | Others | ₹62.33 Cr | Open | |
| 02 Aug 2024 | 100962624 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Aastha Spintex Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Aastha Spintex Limited has 52 deals on record (22 secondary share transfers, 22 market trades, 4 funding rounds), with disclosed funding of ₹37.34 Cr; the latest was in September 2026.
Total deals
52
Secondary share transfers
22
Market trades
22
Funding rounds
4
Rights issues
3
Disclosed funding
₹37.34 Cr
Deals on record (5 of 52)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹19.65 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: L7 Hitech Private Limited , Bloomcrest Trade Private Limited, Vaxfab Enterprises Limited , an individual |
| Sep 2026 | Market trade | ₹20.23 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: Vaxfab Enterprises Limited , L7 Hitech Private Limited , 2 individuals |
| Sep 2026 | Market trade | ₹7.73 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: L7 Hitech Private Limited , an individual |
| Sep 2026 | Market trade | ₹1.8 Cr | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Sep 2026 | Market trade | ₹2.23 Cr | Buyer: Vaxfab Enterprises Limited |
To see the full deal history of Aastha Spintex Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aastha Spintex Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Aastha Spintex 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.
Credit ratings & regulatory alerts
Aastha Spintex Limited was last rated by Crisil on 13 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Aug 2020 |
To see the full credit ratings and regulatory alerts of Aastha Spintex Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aastha Spintex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aastha Spintex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA9242J1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aastha Spintex Limited, buy the company report.
Recent activity
Aastha Spintex Limited has 21 board changes on record since 2013: 9 appointments and 12 cessations. The latest: Pankajbhai Chaturbhai Amrutiya ceased to be Additional Director on 26 Sep 2025.
Filing
Aastha Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Aastha Spintex Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Pankajbhai Chaturbhai Amrutiya ceased to be Additional Director.
Ceased
Rukaiya Mufazzal Shakir ceased to be Additional Director.
Appointed
Rukaiya Mufazzal Shakir was appointed as Director.
Ceased
Jashwant Valjibhai Patel ceased to be Director.
Charges
A charge registered on 02 Aug 2024 via Charge ID 100962624 with Others was fully satisfied on 04 Sep 2025.
Charges
A charge registered on 25 Oct 2023 via Charge ID 100804306 with Others was fully satisfied on 04 Sep 2025.
Ceased
Anant Bharatbhai Bhatt ceased to be Additional Director.
Ceased
Indira Suresh Vora ceased to be Additional Director.
Ceased
Shyamsunder Kiranbhai Panchal ceased to be Additional Director.
Appointed
Anant Bharatbhai Bhatt was appointed as Director.
29 earlier events are in the company report.
News
Frequently asked questions
Aastha Spintex is an active public limited company based in Halvad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN L17120GJ2013PLC076361. Listed on BSE: 544808 and NSE: AASTHA.
Aastha Spintex has 9 current directors and KMP:
- Divyang Jashwant Patel - Managing Director
- Vivek Rasiklal Gothi - Whole-Time Director
- Pankajbhai Chaturbhai Amrutiya - Director
- Jashwant Valjibhai Patel - Director
- Indira Suresh Vora - Director
- Anant Bharatbhai Bhatt - Director
- Shyamsunder Kiranbhai Panchal - Director
- Rukaiya Mufazzal Shakir - Director
- Tushar Dhirubhai Devera - Company Secretary
The latest financial statements of Aastha Spintex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aastha Spintex is 24AALCA9242J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Aastha Spintex is L17120GJ2013PLC076361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aastha Spintex is a listed company as per MCA records. Its shares are listed on both BSE (code: 544808) and NSE (symbol: AASTHA).
Aastha Spintex has 1 court case on record: 1 filed against it.
Aastha Spintex was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aastha Spintex has 52 deals on record (22 secondary share transfers, 22 market trades, 4 funding rounds), with disclosed funding of ₹37.34 Cr; the latest was in September 2026.
Pankajbhai Chaturbhai Amrutiya ceased to be Additional Director on 26 Sep 2025. Rukaiya Mufazzal Shakir ceased to be Additional Director on 26 Sep 2025. Rukaiya Mufazzal Shakir was appointed as Director on 10 Sep 2025. Aastha Spintex has 21 board changes on record in total.
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