Akshar Spintex Limited - Company Profile

It is a manufacturing public limited company based in Jamnagar, Gujarat, India, established in 2013.
2013 Jamnagar, Gujarat, India Active
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About Akshar Spintex Limited

Akshar Spintex Limited, a active public limited company, was established on 19 June 2013 in Jamnagar, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17291GJ2013PLC075677. Registered under ROC Roc Ahmedabad. it is listed on BSE: 541303. It has an authorized capital of ₹82.00 Cr and a paid-up capital of ₹78.75 Cr.

Formerly known as Akshar Spintex Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹137.92 Cr and a net worth of ₹40.64 Cr. Employing 28 professional, Its leadership includes Ilaben Dineshbhai Paghdar (Director), Parshotam Vasoya (Director), Nirala Indubhai Joshi (Director). Past directors included Ashok Shukan Bhalala, Prakashkumar Rambhai Sorathia, Ashokbhai Arjanbhai Vaghasia. It holds ₹7.76 Cr open charges and ₹50.76 Cr settled loans. Its latest AGM occurred on 25 August 2025, with the balance sheet filed on 31 March 2025. It is based at Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar , Ranuja Road. Tal: Ka, Lavad., Jamnagar, Gujarat, 361013.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L17291GJ2013PLC075677

  • Registration Number

    075677

  • Incorporation Date

    19 June 2013

  • Authorized Capital

    ₹82.00 Cr

  • Paid-Up Capital

    ₹78.75 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 541303)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 82.00 Cr
  • Paid Up Capital ₹ 78.75 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 7.76 Cr
  • Satisfied Charges ₹ 50.76 Cr
  • Revenue Growth **** 7855448.89%
  • Profit Growth **** -3962174.85%
  • Ebitda **** -458161.92%
  • Net Worth 9400343.17%
  • Total Assets **** 7959262.17%
Company report

Akshar Spintex Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Akshar Spintex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akshar Spintex Limited?
Current Directors
Name Designation Appointment Date Status
Ilaben Dineshbhai Paghdar Director 16 Aug 2016 Current
Parshotam Vasoya Director 23 Aug 2021 Current
Nirala Indubhai Joshi Director 17 Jan 2018 Current
Harikrushna Shamjibhai Chauhan Whole-Time Director 17 Jan 2017 Current
Rohit Bhanjibhai Dobariya Director 14 Mar 2018 Current
Harry Paghdar Managing Director 21 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 08 Jan 2021 Past
Pramod Abcsdd Director 12 Mar 2016 Past
Pramod Abcsdd Director 23 Feb 2018 Past
Pramod Abcsdd Director 12 Mar 2015 Past
Pramod Abcsdd Director 05 Sep 2013 Past
Pramod Abcsdd Director 12 Mar 2015 Past

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Financial Performance of Akshar Spintex.

Akshar Spintex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 7855448.89% increase. The company also saw a substantial fall in profitability, with a 3962174.85% decrease in profit. The company's net worth Soared by an impressive increase of 9400343.17%.

Akshar Spintex revenue growth over time
Akshar Spintex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 7855448.89%
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Revenue from Operations
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 7874733.54%
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Total Assets
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 7959262.17%
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Profit or Loss
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 -3962174.85%
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*******
*******
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Net Worth
*******
 9400343.17%
*******
*******
*******
*******
EBITDA
*******
 -458161.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akshar Spintex?

In 2022, Akshar Spintex had a promoter holding of 50.49% and a public holding of 49.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹77,600,000.00

Satisfied Charges

₹507,629,643.00

Charges Breakdown by Lending Institutions
  • Others : 5.00 Cr
  • The South Indian Bank Limited : 2.76 Cr
Latest Charge Details
Date Lender Amount Status
22 Aug 2023 Others ₹5.00 Cr Open
22 Feb 2019 The South Indian Bank Limited ₹2.76 Cr Open
09 Aug 2018 Others ₹2.41 Cr Satisfied
30 Jan 2014 State Bank Of India ₹48.35 Cr Satisfied

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How Many Employees Work at Akshar Spintex?

Akshar Spintex has a workforce of 28 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshar Spintex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akshar Spintex's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Akshar Spintex
Recent Activity within the Organization
  • Director Appointment

    Progress on Bhavin Jayantibhai Kothiya was appointed as a Additional Director was appointed as a Additional Director on 24 Nov 2025 & has been associated with this company since 5 months 28 days . was documented.

  • Director Appointment

    Progress on Namrata Jagdishbhai Seta was appointed as a Company Secretary was appointed as a Company Secretary on 27 Oct 2025 & has been associated with this company since 6 months 26 days . was documented.

  • Charges

    The activity 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. was completed.

  • Annual General Meeting

    Akshar Spintex Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Harry Paghdar was appointed as a Managing Director was appointed as a Managing Director on 21 May 2025 & has been associated with this company since 1 year 1 day . was documented.

  • Director Appointment

    Progress on Sureshkumar Chaturbhai Gajera was appointed as a Additional Director was appointed as a Additional Director on 21 May 2025 & has been associated with this company since 1 year 1 day . was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Akshar Spintex Limited?

The CIN of Akshar Spintex Limited is L17291GJ2013PLC075677.

Where is Akshar Spintex Limited headquartered?

Akshar Spintex Limited is headquartered at Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar , Ranuja Road. Tal: Ka, Lavad., Jamnagar, Gujarat, 361013.

When was Akshar Spintex Limited incorporated?

Akshar Spintex Limited was incorporated on 19 June 2013.

Who are the current directors of Akshar Spintex Limited?

The current directors of Akshar Spintex Limited are

What is the primary industry of Akshar Spintex Limited?

The primary industry of Akshar Spintex Limited is Manufacturing.

Is Akshar Spintex Limited a listed company?

Akshar Spintex Limited is listed. It is listed on BSE: 541303.

What is the capital structure of Akshar Spintex Limited?

The authorized capital of Akshar Spintex Limited is ₹82.00 Cr, and the paid-up capital is ₹78.75 Cr.

What is the compliance status of Akshar Spintex Limited?

The compliance status of Akshar Spintex Limited is Compliant.

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