Ankit Texo Innovations Private Limited

Ankit Texo Innovations Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2011PTC068152 Incorporated 10 December 2011 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹55.49 Cr
▲ 8% YoY
Net profit · FY 2023
₹12.92 Lakh
Net margin 0.2%
EBITDA · FY 2023
₹1.49 Cr
EBITDA margin 2.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.87 Cr
Issued & subscribed
Open charges
₹8.96 Cr
Satisfied ₹4 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Ankit Texo Innovations Private Limited

Data last updated:

Ankit Texo Innovations Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC068152. Its GSTIN is 24AAKCA0594N1ZC (Gujarat).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.87 Cr. It is led by directors including Sanjay Gandhi Pravinkumar and Ankit Pravinbhai Gandhi.

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 Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹55.49 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.92 Lakh (net margin 0.2%) and EBITDA of ₹1.49 Cr (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹8.96 Cr and satisfied charges of ₹4 Cr on record. Court records list 27 cases involving the company, including 25 filed by the company and 2 filed against it; 2 cases are pending.

Ankit Texo Innovations Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0054217). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atipl.net.

Company details

CIN U17120GJ2011PTC068152
Registration Number 068152
Incorporation Date 10 December 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0054217
Key People
Sanjay Gandhi Pravinkumar Director Ankit Pravinbhai Gandhi Director Pravinkumar Dhanraj Gandhi Director

Recognitions & Rankings of Ankit Texo Innovations

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0054217

Contact details

Ankit Texo Innovations Private Limited's registered office is in Ahmedabad, Gujarat. Its website is atipl.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    atipl.net
  • Registered Address
    Block – A Sf – 201 Sumel – 6, Jupiter Mill Compound Dudheshwar Road, Ahmedabad, Gujarat, India – 380004
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Ankit Texo Innovations Private Limited, buy the company report.

Comprehensive company report
Ankit Texo Innovations Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Ankit Texo Innovations Private Limited

FY 2025 filings available

Ankit Texo Innovations Private Limited reported revenue of ₹55.49 Cr (up 8% YoY) for FY 2023.

Revenue · FY 2023
₹55.49 Cr ▲ 8%
Net profit · FY 2023
₹12.92 Lakh margin 0.2%
EBITDA · FY 2023
₹1.49 Cr margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 2%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 4%
5 years · compounded
▲ 8%

Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 19% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹55.49 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.92 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.7%
Net Profit Margin0.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ankit Texo Innovations Private Limited, buy the company report.

Board of directors of Ankit Texo Innovations Private Limited

Ankit Texo Innovations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Gandhi Pravinkumar
Also directs: Shanaya Fabrics LLP, De Pin Exports LLP
Director10 Dec 201114 Years 10 MonthsCurrent
Ankit Pravinbhai Gandhi
Also directs: Shanaya Fabrics LLP, De Pin Exports LLP, Vika Lifestyle Private Limited
Director10 Dec 201114 Years 10 MonthsCurrent
Pravinkumar Dhanraj GandhiDirector10 Dec 201114 Years 10 MonthsCurrent
View all directors

Auditor

Ankit Texo Innovations Private Limited is audited by A. S. Gupta & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A. S. Gupta & AssociatesFY 2023116882W

Shareholding

The shareholding of Ankit Texo Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ankit Texo Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.96 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Axis Bank Limited₹8.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jun 2016100037539Axis Bank Limited₹8.96 CrOpen
30 Mar 2016100021793City Union Bank Limited₹1 CrSatisfied
29 Mar 201310419817City Union Bank Limited₹3 CrSatisfied

To see the full charge records of Ankit Texo Innovations Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Ankit Texo Innovations Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 97 overdue payments to 34 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 (5 of 34)

SupplierAmount dueDue sinceReported on
Baldev Textile Mills Private Limited
Aarnav Fashions Limited
Bhagyoday Fabrics Private Limited
Chandraprakash Textiles LLP
Vardhman Textiles Limited

To see the full MSME payment records of Ankit Texo Innovations Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Ankit Texo Innovations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA0594N1ZCGujaratActive11 Jul 2017

To see the full GST registrations and return filing status of Ankit Texo Innovations Private Limited, buy the company report.

Recent activity

Ankit Texo Innovations Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Pravinkumar Dhanraj Gandhi ceased to be Director on 11 Jan 2025.

AGM
Ankit Texo Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ankit Texo Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Pravinkumar Dhanraj Gandhi ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 8.96 Cr registered on 23 Jun 2016 with Charge ID 100037539 was modified on 17 Mar 2023.
Charges
A charge registered on 30 Mar 2016 via Charge ID 100021793 with City Union Bank Limited was fully satisfied on 21 Jul 2016.
Charges
A charge registered on 29 Mar 2013 via Charge ID 10419817 with City Union Bank Limited was fully satisfied on 21 Jul 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.96 Cr with Charge ID 100037539 was registered on 23 Jun 2016.
Charges
A charge with City Union Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100021793 was registered on 30 Mar 2016.
Charges
A charge with City Union Bank Limited of Rs. 3.00 Cr registered on 29 Mar 2013 with Charge ID 10419817 was modified on 04 Dec 2013.
Charges
A charge with City Union Bank Limited amounted to Rs. 3.00 Cr with Charge ID 10419817 was registered on 29 Mar 2013.
Appointed
Ankit Pravinbhai Gandhi was appointed as Director.
Appointed
Pravinkumar Dhanraj Gandhi was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Ankit Texo Innovations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 December 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC068152.

Ankit Texo Innovations has 3 current directors:

The latest financial statements of Ankit Texo Innovations 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 Ankit Texo Innovations is 24AAKCA0594N1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Ankit Texo Innovations is U17120GJ2011PTC068152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ankit Texo Innovations has 27 court cases on record: 25 filed by the company and 2 filed against it. 2 are pending.

Ankit Texo Innovations was incorporated on 10 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Pravinkumar Dhanraj Gandhi ceased to be Director on 11 Jan 2025. Ankit Pravinbhai Gandhi was appointed as Director on 10 Dec 2011. Pravinkumar Dhanraj Gandhi was appointed as Director on 10 Dec 2011. Ankit Texo Innovations has 4 board changes on record in total.

Yes, Ankit Texo Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0054217).

Ankit Texo Innovations has 6 MSME Form 1 returns on record between 2019 and 2023, listing 97 overdue payments to 34 micro and small suppliers. The latest return was filed on 22 Dec 2023.

Ankit Texo Innovations can be reached through the website atipl.net. Its registered office is in Ahmedabad, Gujarat, India.