About Acsen Tex Private Limited
Data last updated:
Acsen Tex Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U13111TZ1996PTC028337. Its GSTIN is 33AABCR4238F1ZP (Tamil Nadu).
The company has an authorised share capital of ₹29.2 Cr and a paid-up capital of ₹28.19 Cr. It was formerly known as Rasi Tex India Private Limited and Rasi Technitex Private Limited. It is led by directors including Sengottuvelu Senthilnathan (Managing Director) and Abishiek (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 47 Co – Operative Colony Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015.
As per the financials filed for FY 2025, the company reported a revenue of ₹335.21 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹56.35 Lakh (net margin -0.2%) and EBITDA of ₹27.86 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 520 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹426.63 Cr and satisfied charges of ₹99.5 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 1 case is pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹7.35 Cr; the latest was in March 2017. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 5 smaller; the largest is Mangal Textile Mills (India) Private Limited with revenue of ₹338.65 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acsentex.com.
Company details
Name history
Acsen Tex has undergone 2 name changes throughout its history. The company was previously known as Rasi Tex India Private Limited, and Rasi Technitex Private Limited. The current legal name is Acsen Tex Private Limited.
| Company Name | Status |
|---|---|
| Acsen Tex Private Limited | Current |
| Rasi Tex India Private Limited | Previous |
| Rasi Technitex Private Limited | Previous |
CIN history
Acsen Tex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U13111TZ1996PTC028337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13111TZ1996PTC028337 | Current |
| U17111TZ1996PTC028337 | Previous |
| U17111TN1996PTC056836 | Previous |
Contact details
Acsen Tex Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered Address47 Co – Operative Colony Uppilipalayam, Coimbatore, Tamil Nadu, India – 641015
- IndustryManufacturing, Textile & Fabric Production
- 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 Acsen Tex 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 Acsen Tex Private Limited, buy the company report.
Financials of Acsen Tex Private Limited
FY 2025 filings availableAcsen Tex Private Limited reported revenue of ₹335.21 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 37% growth in the latest year. EBITDA rose 98% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹27.86 Cr | ||||
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| Net Profit (PAT) | -₹56.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Acsen Tex Private Limited, buy the company report.
Board of directors of Acsen Tex Private Limited
Acsen Tex has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abishiek | Whole-Time Director | 25 Oct 2022 | 3 Years 11 Months | Current |
| Muthu Gounder Ramasami Also directs: Kongu Association LLP, Rasi Seeds Private Limited, Acsen Agriscience Private Limited and 2 more | Director | 15 Feb 1996 | 30 Years 8 Months | Current |
| Chitra Senthilnathan Also directs: Rasi Agrescots LLP, Acsen Energy Private Limited | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Sengottuvelu Senthilnathan | Managing Director | 22 Feb 2001 | 25 Years 8 Months | Current |
Peer comparison
Acsen Tex Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Mangal Textile Mills (India) Private Limited | ₹338.65 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Arvind Dyeing and Bleaching Mills Private Limited | ₹337.18 Cr (FY 2025) | -9.0% | Ichalkaranji, Maharashtra, India | |||
| Acsen Tex Private Limitedthis company | ₹335.21 Cr (FY 2025) | -₹56.35 Lakh | -0.2% | 37.0% | Coimbatore, Tamil Nadu, India | |
| RDB Textiles Ltd. | ₹334.15 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Sree Jagathguru Textiles Mills Private Limited | ₹333.79 Cr (FY 2025) | 22.0% | Erode Dt, Tamil Nadu, India | |||
| Jaya Varma Textiles Private Limited | ₹333.62 Cr (FY 2025) | 1.0% | P N Road Tirupur, Tamil Nadu, India | |||
| Komal Texfab Pvt Ltd | ₹332.62 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Sri Velayudhaswamy Spinning Mills Private Limited | ₹332.19 Cr (FY 2024) | 7.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Acsen Tex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2023 | 100777716 | Hdfc Bank Limited | ₹14.25 Cr | Open | |
| 09 May 2023 | 100718517 | Hdfc Bank Limited | ₹28.5 Cr | Open | |
| 10 Nov 2022 | 100644967 | Hdfc Bank Limited | ₹44 Cr | Open | |
| 30 Jul 2022 | 100655194 | Hdfc Bank Limited | ₹12.73 Cr | Open | |
| 09 Sep 2021 | 100504478 | Hdfc Bank Limited | ₹99.81 Cr | Open |
To see the full charge records of Acsen Tex Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Acsen Tex Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹7.35 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rasi Seeds Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Muthugounder Ramasami HUF, Rasi Seeds Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Rasi Seeds Private Limited Seller: Rasi Agrescots Private Limited |
To see the full deal history of Acsen Tex Private 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
Acsen Tex Private Limited has 14 court cases on record: 11 filed by Acsen Tex, 3 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 1 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S Tata Capital Housing Finance Limited | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed by the company against Padmaadevi Sugars Ltd and 1 other | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Tamil Nadu Generation and Distribution Corporation Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
To see the full case history of Acsen Tex 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.
Credit ratings & regulatory alerts
Acsen Tex Private Limited was last rated by Icra on 21 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Feb 2022 |
To see the full credit ratings and regulatory alerts of Acsen Tex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acsen Tex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acsen Tex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCR4238F1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acsen Tex Private Limited, buy the company report.
Recent activity
Acsen Tex Private Limited has 9 board changes on record since 1996: 4 appointments and 5 cessations. The latest: Sukumar Balakrishnan ceased to be Company Secretary on 31 Aug 2025.
25 earlier events are in the company report.
Frequently asked questions
Acsen Tex is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 1996 (30+ years old) and is registered under CIN U13111TZ1996PTC028337.
Acsen Tex has 4 current directors:
- Sengottuvelu Senthilnathan - Managing Director
- Abishiek - Whole-Time Director
- Muthu Gounder Ramasami - Director
- Chitra Senthilnathan - Director
The latest financial statements of Acsen Tex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Acsen Tex is 33AABCR4238F1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Acsen Tex is U13111TZ1996PTC028337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acsen Tex has 14 court cases on record: 11 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Acsen Tex was incorporated on 15 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Coimbatore.
Acsen Tex has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹7.35 Cr; the latest was in March 2017.
The peers of Acsen Tex by revenue are Mangal Textile Mills (India) Private Limited, Arvind Dyeing and Bleaching Mills Private Limited, RDB Textiles Ltd, Sree Jagathguru Textiles Mills Private Limited, Jaya Varma Textiles Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sukumar Balakrishnan ceased to be Company Secretary on 31 Aug 2025. Abishiek was appointed as Whole-Time Director on 25 Oct 2022. Chitra Senthilnathan was appointed as Director on 01 Dec 2016. Acsen Tex has 9 board changes on record in total.
Acsen Tex can be reached through the website acsentex.com. Its registered office is in Coimbatore, Tamil Nadu, India.