Akshar Spintex Limited - Company Profile

Q: Who are the current directors of Akshar Spintex Limited?

The current directors of Akshar Spintex Limited are Ilaben Dineshbhai Paghdar, Parshotam Vasoya, Nirala Indubhai Joshi, Harikrushna Shamjibhai Chauhan, Rohit Bhanjibhai Dobariya, Harry Paghdar, Sureshkumar Chaturbhai Gajera, Dheeraj Kumar Sahu, Poonam Pratik Kapupara, Namrata Jagdishbhai Seta, Bhavin Jayantibhai Kothiya.

It is a manufacturing public limited company based in Jamnagar, Gujarat, India, established in 2013.

2013 Jamnagar, Gujarat, India Active

Last Updated: January 05, 2026

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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

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 as on 05-01-2026
Paid Up Capital ₹ 78.75 Cr as on 05-01-2026
Company Age 12 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 7.76 Cr as on 05-01-2026
Satisfied Charges ₹ 50.76 Cr as on 05-01-2026
Revenue Growth **** 7855448.89% (FY 2023)
Profit Growth **** -3962174.85% (FY 2023)
Ebitda **** -458161.92% (FY 2023)
Net Worth 9400343.17% (FY 2023)
Total Assets **** 7959262.17% (FY 2023)

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%.

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

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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

********

7855448.89%

*******

Revenue from Operations

*******

7874733.54%

*******

Total Assets

*******

7959262.17%

*******

Profit or Loss

*******

-3962174.85%

*******

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)

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

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Deals i

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

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

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

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 2 months 20 days . was recorded as a recent event.
24 Nov 2025
Director Appointment

The activity 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 3 months 17 days . was completed.
27 Oct 2025
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. was recorded as a recent event.
17 Oct 2025
Annual General Meeting

Progress on Akshar Spintex Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was documented.
25 Aug 2025
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 8 months 23 days . was documented.
21 May 2025
Director Appointment

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 8 months 23 days . was recorded as a recent event.
21 May 2025

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