MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-10-0000549
Market Cap
₹33.07 Cr
AKSHAR · NSE
Share Price
₹0.42
0.00% today
Revenue
₹117 Cr
FY 2025-26 · +0.4% YoY
EBITDA
−₹4.65 Cr
Margin -4.0%
Net Profit
−₹7.39 Cr
FY 2025-26 · -66.1% YoY
Debt / Equity
0.06
Interest cover -4.0x
Authorised capital
₹82 Cr
Registered with MCA
Paid-up capital
₹78.75 Cr
Issued & subscribed
About Akshar Spintex Limited
Data last updated:
Akshar Spintex Limited is a public limited company based in Jamnagar, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17291GJ2013PLC075677. Its GSTIN is 24AALCA7373E1ZN (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 541303 and NSE: AKSHAR.
The company has an authorised share capital of ₹82 Cr and a paid-up capital of ₹78.75 Cr. It was formerly known as Akshar Spintex Private Limited. It is led by directors including Harikrushna Shamjibhai Chauhan (Whole-Time Director) and Ilaben Dineshbhai Paghdar.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Jamnagar, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹117.28 Cr, a growth of 0.4% compared to the previous year. For the same year it recorded a net loss of ₹7.39 Cr (net margin -6.3%) and EBITDA of -₹4.65 Cr (EBITDA margin -4%). The net worth stands at ₹80.87 Cr (down 8.3% YoY). Total assets are valued at ₹86.11 Cr (down 8.7% YoY).
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akshar Spintex. As per MCA filings, the company has open charges of ₹7.88 Cr and satisfied charges of ₹50.76 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending. The company has 95 deals on record (94 market trades, 1 ipo); the latest was in April 2026. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Planet Spinning Mills Private Limited with revenue of ₹119.47 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 2 micro and small suppliers.
Akshar Spintex Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0000549). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharspintex.in.
Company details
CIN L17291GJ2013PLC075677
Registration Number 075677
Incorporation Date 19 June 2013
ROC Ahmedabad
Listing Status Listed - Listed on NSE (AKSHAR); Listed on BSE (541303)
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-10-0000549
CIN history
Akshar Spintex has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17291GJ2013PLC075677, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17291GJ2013PLC075677 | Current |
| U17291GJ2013PTC075677 | Previous |
| U17291GJ2013PLC075677 | Previous |
Key People
Harikrushna Shamjibhai Chauhan Whole-Time Director Ilaben Dineshbhai Paghdar Director Rohit Bhanjibhai Dobariya Director Recognitions & Rankings of Akshar Spintex
Contact details
Akshar Spintex Limited's registered office is in Jamnagar, Gujarat. Its website is aksharspintex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRevenue Survey No.102/2 Paiki Plot No. – 2 Village: Haripar Ranuja Road. Tal: Ka, Lavad., Jamnagar, Gujarat, India – 361013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Akshar Spintex Limited, buy the company report.
Comprehensive company report
Akshar 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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Brands
Akshar Spintex operates one associated brand: Akshar Spintex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Various specialized yarns are manufactured by Akshar Spintex in India. | aksharspintex.in |
Business activity
The main business activity of Akshar Spintex 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 Akshar Spintex Limited, buy the company report.
Financials of Akshar Spintex Limited
FY 2025-26 filings availableAkshar Spintex Limited reported revenue of ₹117.28 Cr (up 0.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹117 Cr
+0.4% YoY
EBITDA
−₹4.65 Cr
-95.4% YoY
Profit After Tax
−₹7.39 Cr
-66.1% YoY
Net Worth
₹80.87 Cr
-8.3% YoY
Total Assets
₹86.11 Cr
-8.7% YoY
Total Debt
₹5.03 Cr
-15.3% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 117 | 117 | 175 | 136 | 172 | 110 | 109 |
| Revenue growth | +0.4% | -33.3% | +29.1% | -21.3% | +57.1% | +0.4% | - |
| EBITDA | (4.65) | (2.38) | 7.75 | (0.46) | 13.00 | 5.15 | 0.67 |
| EBITDA margin | -4.0% | -2.0% | +4.4% | -0.3% | +7.6% | +4.7% | +0.6% |
| Profit before tax | (8.10) | (5.89) | 5.01 | (4.20) | 9.67 | (0.18) | (4.62) |
| Net profit | (7.39) | (4.45) | 3.45 | (2.77) | 7.00 | 1.24 | (5.75) |
| Net profit margin | -6.3% | -3.8% | +2.0% | -2.0% | +4.1% | +1.1% | -5.3% |
| EPS (₹) | (0.09) | (0.06) | 0.12 | (1.11) | 2.81 | 0.50 | (2.29) |
| Balance sheet | |||||||
| Total assets | 86.11 | 94.35 | 63.00 | 58.42 | 69.13 | 61.47 | 63.54 |
| Net worth | 80.87 | 88.21 | 43.88 | 40.64 | 43.23 | 36.26 | 35.02 |
| Total debt | 5.03 | 5.94 | 18.98 | 17.67 | 25.64 | 25.09 | 28.27 |
| Cash & bank | 1.47 | 2.80 | 0.01 | 0.02 | 0.05 | 0.09 | 0.11 |
| Net working capital | 42.19 | 54.03 | 21.78 | 17.93 | 26.19 | 16.20 | 16.17 |
| Cash flow | |||||||
| Cash from operations | 1.81 | (31.83) | 4.77 | 9.84 | 2.92 | 6.14 | 7.79 |
| Cash from investing | (7.69) | (2.26) | (4.50) | (0.18) | (0.95) | (0.51) | (0.11) |
| Cash from financing | (1.32) | 34.62 | (0.27) | (9.69) | (2.01) | (5.66) | (7.69) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.69 | 29.93 | 34.40 | 34.35 | 22.34 | 26.19 | 30.58 | 25.97 |
| Revenue growth (YoY) | +59.8% | +14.3% | +12.5% | +32.3% | -3.7% | -29.3% | - | - |
| Other income | 0.64 | 0.57 | 1.22 | 1.62 | 0.47 | 0.50 | 0.85 | 0.39 |
| Total expenses | 33.76 | 27.74 | 33.20 | 39.42 | 22.61 | 26.71 | 31.42 | 28.22 |
| EBITDA | 1.93 | 2.19 | 1.20 | (5.07) | (0.27) | (0.52) | (0.84) | (2.25) |
| EBITDA margin | +5.4% | +7.3% | +3.5% | -14.8% | -1.2% | -2.0% | -2.7% | -8.7% |
| Depreciation | 1.94 | 1.65 | 1.74 | 1.82 | 1.69 | 1.59 | 1.16 | 1.16 |
| Interest | 0.07 | 0.07 | 0.09 | 0.10 | 0.11 | 0.12 | 0.13 | 0.28 |
| Profit before tax | 0.56 | 1.04 | 0.59 | (5.37) | (1.60) | (1.73) | (1.28) | (3.30) |
| Tax | 0.26 | 0.44 | 0.99 | (1.58) | 0.37 | (0.49) | (0.13) | (0.96) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.69 | 29.93 | 34.40 | 34.35 | 22.34 | 26.19 | 30.58 | 25.97 |
| Revenue growth (YoY) | +59.8% | +14.3% | +12.5% | +32.3% | -3.7% | -29.3% | - | - |
| Other income | 0.64 | 0.57 | 1.22 | 1.62 | 0.47 | 0.50 | 0.85 | 0.39 |
| Total expenses | 33.76 | 27.74 | 33.20 | 39.42 | 22.61 | 26.71 | 31.42 | 28.22 |
| EBITDA | 1.93 | 2.19 | 1.20 | (5.07) | (0.27) | (0.52) | (0.84) | (2.25) |
| EBITDA margin | +5.4% | +7.3% | +3.5% | -14.8% | -1.2% | -2.0% | -2.7% | -8.7% |
| Depreciation | 1.94 | 1.65 | 1.74 | 1.82 | 1.69 | 1.59 | 1.16 | 1.16 |
| Interest | 0.07 | 0.07 | 0.09 | 0.10 | 0.11 | 0.12 | 0.13 | 0.28 |
| Profit before tax | 0.56 | 1.04 | 0.59 | (5.37) | (1.60) | (1.73) | (1.28) | (3.30) |
| Tax | 0.26 | 0.44 | 0.99 | (1.58) | 0.37 | (0.49) | (0.13) | (0.96) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 117 | 117 | 175 | 136 | 172 | 110 | 109 |
| Revenue growth | +0.4% | -33.3% | +29.1% | -21.3% | +57.1% | +0.4% | - |
| Other income | 3.81 | 2.28 | 2.96 | 2.39 | 3.46 | 1.34 | 1.99 |
| Total expenses | 122 | 119 | 167 | 136 | 159 | 104 | 108 |
| Employee cost | 0.00 | 5.39 | 4.81 | 5.05 | 7.50 | 4.73 | 5.61 |
| EBITDA | (4.65) | (2.38) | 7.75 | (0.46) | 13.00 | 5.15 | 0.67 |
| EBITDA margin | -4.0% | -2.0% | +4.4% | -0.3% | +7.6% | +4.7% | +0.6% |
| Depreciation | 6.85 | 4.64 | 4.34 | 4.27 | 4.21 | 4.14 | 4.10 |
| Interest | 0.41 | 1.15 | 1.36 | 1.86 | 2.58 | 2.53 | 3.18 |
| Profit before tax | (8.10) | (5.89) | 5.01 | (4.20) | 9.67 | (0.18) | (4.62) |
| Tax | (0.71) | (1.43) | 1.56 | (1.43) | 2.64 | (1.42) | 1.13 |
| Net profit | (7.39) | (4.45) | 3.45 | (2.77) | 7.00 | 1.24 | (5.75) |
| Net profit margin | -6.3% | -3.8% | +2.0% | -2.0% | +4.1% | +1.1% | -5.3% |
| EPS (₹) | (0.09) | (0.06) | 0.12 | (1.11) | 2.81 | 0.50 | (2.29) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 78.75 | 78.75 | 30.00 | 25.00 | 25.00 | 25.00 | 25.00 |
| Reserves & surplus | 2.12 | 9.46 | 13.88 | 15.64 | 18.23 | 11.26 | 10.02 |
| Shareholders' funds (net worth) | 80.87 | 88.21 | 43.88 | 40.64 | 43.23 | 36.26 | 35.02 |
| Secured loans | 1.66 | 3.62 | 12.53 | 11.20 | 13.17 | 14.08 | 16.75 |
| Unsecured loans | 3.37 | 2.32 | 6.45 | 6.47 | 12.47 | 11.01 | 11.52 |
| Total debt | 5.03 | 5.94 | 18.98 | 17.67 | 25.64 | 25.09 | 28.27 |
| Total liabilities | 86.11 | 94.35 | 63.00 | 58.42 | 69.13 | 61.47 | 63.54 |
| Assets | |||||||
| Gross block | 81.35 | 78.75 | 76.60 | 71.99 | 71.76 | 70.53 | 70.01 |
| Net block | 39.77 | 37.21 | 39.44 | 39.17 | 43.21 | 46.08 | 49.70 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 | 0.31 |
| Inventories | 38.82 | 42.74 | 24.10 | 17.38 | 33.18 | 15.64 | 9.97 |
| Sundry debtors | 5.13 | 7.73 | 5.03 | 12.13 | 1.04 | 3.14 | 4.55 |
| Cash & bank balances | 1.47 | 2.80 | 0.01 | 0.02 | 0.05 | 0.09 | 0.11 |
| Loans & advances | 6.42 | 4.53 | 3.04 | 6.43 | 14.57 | 6.50 | 8.15 |
| Total current assets | 51.84 | 57.80 | 32.18 | 35.96 | 48.84 | 25.37 | 22.78 |
| Total current liabilities | 9.65 | 3.77 | 10.40 | 18.03 | 22.65 | 9.17 | 6.61 |
| Net working capital | 42.19 | 54.03 | 21.78 | 17.93 | 26.19 | 16.20 | 16.17 |
| Total assets | 86.11 | 94.35 | 63.00 | 58.42 | 69.13 | 61.47 | 63.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.80 | 0.01 | 0.02 | 0.05 | 0.09 | 0.11 | 0.13 |
| Net cash from operating activities | 1.81 | (31.83) | 4.77 | 9.84 | 2.92 | 6.14 | 7.79 |
| Net cash from investing activities | (7.69) | (2.26) | (4.50) | (0.18) | (0.95) | (0.51) | (0.11) |
| Net cash from financing activities | (1.32) | 34.62 | (0.27) | (9.69) | (2.01) | (5.66) | (7.69) |
| Net change in cash | (7.19) | 0.54 | (0.01) | (0.03) | (0.04) | (0.02) | (0.02) |
| Closing cash | 1.47 | 2.80 | 0.01 | 0.02 | 0.05 | 0.09 | 0.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.4% | -33.3% | +29.1% | -21.3% | +57.1% | +0.4% | - |
| EBITDA growth | -95.4% | -130.7% | +1784.8% | -103.5% | +152.4% | +668.7% | - |
| PBT growth | -37.7% | - | +9998.0% | - | +9998.0% | +96.1% | - |
| Net income growth | -66.1% | -229.0% | +224.6% | -139.6% | +464.5% | +121.6% | - |
| Revenue CAGR (3Y) | -4.7% | -12.1% | +16.9% | +7.5% | +19.6% | +5.6% | +8.2% |
| EBITDA CAGR (3Y) | +115.6% | - | +14.6% | - | +29.2% | -13.0% | -57.9% |
| Profitability & leverage | |||||||
| Net income margin | -6.3% | -3.8% | +2.0% | -2.0% | +4.1% | +1.1% | -5.3% |
| Return on capital employed | 0.0% | -6.0% | +10.5% | -3.7% | +18.8% | +3.8% | -2.1% |
| Return on net worth | 0.0% | -6.7% | +8.2% | -6.6% | +17.7% | +3.5% | -15.1% |
| Debt / equity | 0.06 | 0.19 | 0.43 | 0.52 | 0.64 | 0.75 | 0.81 |
| Long-term debt / equity | 0.04 | 0.10 | 0.20 | 0.24 | 0.32 | 0.37 | 0.42 |
| Interest cover | -4.01 | -16.38 | 39.88 | -39.32 | 29.35 | 250.50 | -92.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.47 | 1.50 | 2.35 | 1.89 | 2.42 | 1.56 | 1.61 |
| Inventory turnover | 2.88 | 3.49 | 8.44 | 5.36 | 7.05 | 8.55 | 9.43 |
| Debtors turnover | 18.24 | 18.30 | 20.39 | 20.58 | 82.35 | 28.49 | 22.80 |
| EPS (₹) | (0.09) | (0.06) | 0.12 | (1.11) | 2.81 | 0.50 | (2.29) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.03 | 1.12 | 1.46 | 16.26 | 17.29 | 14.50 | 14.01 |
To see the full year-wise statements and ratios of Akshar Spintex Limited, buy the company report.
Board of directors of Akshar Spintex Limited
Akshar Spintex has 5 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikrushna Shamjibhai Chauhan Also directs: Shyamal Shrushti LLP, Stagro Foods Private Limited | Whole-Time Director | 17 Jan 2017 | 9 Years 9 Months | Current |
| Ilaben Dineshbhai Paghdar | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Rohit Bhanjibhai Dobariya | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Bhavin Jayantibhai Kothiya | Director | 24 Nov 2025 | 0 Years 11 Months | Current |
| Harry Paghdar | Director | 18 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Akshar Spintex Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Planet Spinning Mills Private Limited | ₹119.47 Cr (FY 2025) | 66.0% | Mumbai, Maharashtra, India | |||
| Mis Texfab Private Limited | ₹119.46 Cr (FY 2025) | -14.0% | Delhi, India | |||
| Hukam Chand Gupta Fabrics Private Limited | ₹119.29 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Rapier Machinery Manufacturing Company (India) Pvt Ltd | ₹119.14 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Hojiwala Fabrics Private Limited | ₹118.83 Cr (FY 2025) | 13.0% | Surat, Gujarat, India | |||
| Sultania Oil Industries Private Limited | ₹118.82 Cr (FY 2025) | -23.0% | Nagpur, Maharashtra, India | |||
| Precise Seamless Apparels Private Limited | ₹118.67 Cr (FY 2025) | 70.0% | New Delhi, Delhi, India | |||
| Sahyog Ginning and Pressing Private Limited | ₹118.59 Cr (FY 2025) | -42.0% | Amreli, Gujarat, India | |||
| Akshar Spintex Limitedthis company | ₹117.28 Cr (FY 2026) | -₹7.39 Cr | -6.3% | 0.4% | 28 | Jamnagar, Gujarat, India |
To see the full peer comparison of Akshar Spintex Limited, buy the company report.
Auditor
Akshar Spintex Limited is audited by H.B. Kalaria & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.B. Kalaria & Associates | FY 2023 | 104571W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 0.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 99.70%.
Sep 2026
QUARTER
0.30% Promoters
99.70% Retail & Others
Promoter holding - history
Now 0.30% · Sep 2026High 0.30% · Dec 2025Low 0.30% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.30% | 0.30% | 0.30% | 0.30% |
| Public | 99.70% | 99.70% | 99.70% | 99.70% |
Charges & borrowings
Open charges
₹7.88 Cr
Satisfied charges
₹50.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2026 | 101383666 | Others | ₹11.81 Lakh | Open | |
| 22 Aug 2023 | 100767200 | Others | ₹5 Cr | Open | |
| 22 Feb 2019 | 100256873 | The South Indian Bank Limited | ₹2.76 Cr | Open | |
| 09 Aug 2018 | 100219856 | Others | ₹2.41 Cr | Satisfied | |
| 30 Jan 2014 | 10475997 | State Bank of India | ₹48.35 Cr | Satisfied |
To see the full charge records of Akshar Spintex Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Akshar Spintex Limited has 95 deals on record (94 market trades, 1 ipo); the latest was in April 2026.
Total deals
95
Market trades
94
IPO
1
Deals on record (5 of 95)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Market trade | ₹2.1 Cr | Buyer: Ishaan Tradefin LLP , an individual Seller: Ishaan Tradefin LLP , an individual |
| Oct 2024 | Market trade | ₹90.5 Lakh | Seller: Devi Traders LLP , an individual |
| Oct 2024 | Market trade | ₹2.15 Cr | Buyer: Devi Traders LLP , Ishaan Tradefin LLP Seller: Ishaan Tradefin LLP , Devi Traders LLP , 2 individuals |
| Oct 2024 | Market trade | ₹3.53 Cr | Buyer: 2 individuals Seller: Setu Securities Private Limited , 3 individuals |
| Oct 2024 | Market trade | ₹1.47 Cr | Buyer: an individual Seller: Setu Securities Private Limited , 2 individuals |
To see the full deal history of Akshar 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
Akshar Spintex Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed against the company
5
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 3 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (COMP.APPL) | Filed against the company by an individual | Pending |
| NCLT, Ahmedabad | Appeal | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
To see the full case history of Akshar 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
Akshar Spintex Limited was last rated by Care on 30 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Aug 2022 |
To see the full credit ratings and regulatory alerts of Akshar Spintex Limited, buy the company report.
MSME payment delays
Akshar Spintex Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| United Packaging Industries | |||
| Orient Enterprise (Gujarat) Private Limited |
To see the full MSME payment records of Akshar Spintex Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Akshar Spintex Limited has a workforce of 28 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-3.45%
GST
Akshar Spintex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA7373E1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshar Spintex Limited, buy the company report.
Recent activity
Akshar Spintex Limited has 47 board changes on record since 2013: 26 appointments and 21 cessations. The latest: Harry Paghdar was appointed as Director on 18 Feb 2026.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101383666 was registered on 31 Jul 2026.
Filing
Akshar Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Harry Paghdar was appointed as Director.
Appointed
Bhavin Jayantibhai Kothiya was appointed as Director.
Charges
A charge with The South Indian Bank Limited of Rs. 2.76 Cr registered on 22 Feb 2019 with Charge ID 100256873 was modified on 17 Oct 2025.
AGM
Akshar Spintex Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Ceased
Harry Paghdar ceased to be Managing Director.
Ceased
Sureshkumar Chaturbhai Gajera ceased to be Additional Director.
Ceased
Brijeshkumar Prahladbhai Patel ceased to be Additional Director.
Appointed
Harry Paghdar was appointed as Managing Director.
Ceased
Sohilkumar Dineshkumar Patel ceased to be Additional Director.
Appointed
Sureshkumar Chaturbhai Gajera was appointed as Additional Director.
46 earlier events are in the company report.
News
Frequently asked questions
Akshar Spintex is an active public limited company based in Jamnagar, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 June 2013 (13+ years old) and is registered under CIN L17291GJ2013PLC075677. Listed on BSE: 541303 and NSE: AKSHAR.
Akshar Spintex reported revenue of ₹117.28 Cr for FY 2025-26 (up 0.4% YoY) based on standalone financials.
Akshar Spintex has 5 current directors:
- Harikrushna Shamjibhai Chauhan - Whole-Time Director
- Ilaben Dineshbhai Paghdar - Director
- Rohit Bhanjibhai Dobariya - Director
- Bhavin Jayantibhai Kothiya - Director
- Harry Paghdar - Director
The latest financial statements of Akshar Spintex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshar Spintex is 24AALCA7373E1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Akshar Spintex is L17291GJ2013PLC075677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Akshar Spintex is a listed company as per MCA records. Its shares are listed on both BSE (code: 541303) and NSE (symbol: AKSHAR).
Akshar Spintex has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the nclt.
Akshar Spintex was incorporated on 19 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akshar Spintex has 95 deals on record (94 market trades, 1 ipo); the latest was in April 2026.
The peers of Akshar Spintex by revenue are Planet Spinning Mills Private Limited, Mis Texfab Private Limited, Hukam Chand Gupta Fabrics Private Limited, Rapier Machinery Manufacturing Company (India) Pvt Ltd, Hojiwala Fabrics Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Harry Paghdar was appointed as Director on 18 Feb 2026. Bhavin Jayantibhai Kothiya was appointed as Director on 24 Nov 2025. Harry Paghdar ceased to be Managing Director on 25 Aug 2025. Akshar Spintex has 47 board changes on record in total.