Abha Spintex Private Limited
About Abha Spintex Private Limited
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Abha Spintex Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 09 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U18101RJ2006PTC021891. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Prateek Sharma and Rahul Suwalka.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No E – 171 Growth Centre Swaroopganj Hamirgarh, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.92 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹3.73 Cr (net margin -47.1%) and EBITDA of -₹2.76 Cr (EBITDA margin -34.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹5.44 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Abha Spintex Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No E – 171 Growth Centre Swaroopganj Hamirgarh, Bhilwara, Rajasthan, India – 311001
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Abha Spintex 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 activities of Abha Spintex are trade and manufacturing. In detail, this covers wholesale trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Abha Spintex Private Limited, buy the company report.
Financials of Abha Spintex Private Limited
FY 2019 filings availableAbha Spintex Private Limited reported revenue of ₹7.92 Cr (down 64% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 64% fall in the latest year. EBITDA fell 430% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.92 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.73 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.8% | ||||
| Net Profit Margin | -47.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Abha Spintex Private Limited, buy the company report.
Board of directors of Abha Spintex Private Limited
Abha Spintex has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Sharma Also directs: Corporate Fashion Private Limited | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Rahul Suwalka | Director | 18 Feb 2017 | 9 Years 8 Months | Current |
| Bhimraj Shivraj Jain | Director | 18 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Abha Spintex Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Shubhang Processing Mills Pvt Ltd | ₹8.11 Cr (FY 2024) | 15.0% | Ahmedabad, Gujarat, India | |||
| Neo Vastram Private Limited | ₹8.11 Cr (FY 2016) | 48.0% | Ahmedabad, Gujarat, India | |||
| Ta Studios Private Limited | ₹8.08 Cr (FY 2025) | 595.0% | Amritsar, Punjab, India | |||
| Abha Spintex Private Limitedthis company | ₹7.92 Cr (FY 2019) | -₹3.73 Cr | -47.1% | -64.0% | 34 | Bhilwara, Rajasthan, India |
To see the full peer comparison of Abha Spintex Private Limited, buy the company report.
Shareholding
The shareholding of Abha Spintex Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Abha Spintex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2016 | 100058446 | State Bank of India | ₹6 Cr | Open | |
| 03 Feb 2015 | 10551024 | The Shamrao Vithal Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 03 Feb 2015 | 10551026 | The Shamrao Vithal Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 25 Sep 2007 | 10067440 | Rajasthan State Industrial Development and Investment Corporation Ltd | ₹1.44 Cr | Satisfied |
To see the full charge records of Abha Spintex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Abha Spintex Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhilwara, Rajasthan | Execution petition | Filed against the company by Simran Technologies Pvt Ltd | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Simran Technologies Pvt Ltd | Disposed |
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by Simran Technologies Pvt Ltd | Disposed |
| District court, Bhilwara, Rajasthan | Court case (Cro) | Filed against the company by an individual | Disposed |
| District court, Bhilwara, Rajasthan | Court case (Cro) | Filed against the company by Ms Mountwe Suitings Pvt Ltd. | Disposed |
To see the full case history of Abha Spintex 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 Abha Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Abha Spintex Private Limited has a workforce of 34 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Abha Spintex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Abha Spintex Private Limited, buy the company report.
Recent activity
Abha Spintex Private Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Bhimraj Shivraj Jain ceased to be Additional Director on 29 Sep 2017.
11 earlier events are in the company report.
Frequently asked questions
Abha Spintex is an active private limited company based in Bhilwara, Rajasthan, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 09 January 2006 (20+ years old) and is registered under CIN U18101RJ2006PTC021891.
Abha Spintex has 3 current directors:
- Prateek Sharma - Director
- Rahul Suwalka - Director
- Bhimraj Shivraj Jain - Director
The latest financial statements of Abha Spintex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Abha Spintex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Abha Spintex is U18101RJ2006PTC021891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abha Spintex has 8 court cases on record: 8 filed against it.
Abha Spintex was incorporated on 09 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Abha Spintex by revenue are Shubhang Processing Mills Pvt Ltd, Neo Vastram Private Limited, Ta Studios Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (wholesale trading).
Bhimraj Shivraj Jain ceased to be Additional Director on 29 Sep 2017. Rahul Suwalka ceased to be Additional Director on 29 Sep 2017. Bhimraj Shivraj Jain was appointed as Director on 18 Feb 2017. Abha Spintex has 12 board changes on record in total.
The registered office of Abha Spintex is at Plot No E – 171 Growth Centre Swaroopganj Hamirgarh, Bhilwara, Rajasthan, India – 311001.
Abha Spintex operates in the fashion and textile industry, in the designer and branded fashion segment.
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