Asccard Spinners Private Limited
About Asccard Spinners Private Limited
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Asccard Spinners Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17124TN1982PTC009775.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹36.94 Lakh. It is led by directors including Chellappan Chellappanchokku and Palaniappan Chellappan.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.94 Lakh. For the same year it recorded a net profit of ₹20.69 Lakh (net margin 74%) and EBITDA of ₹24.61 Lakh (EBITDA margin 88.1%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years and 54% over five years.
Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 2 cases are pending.
Company details
Contact details
Asccard Spinners Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address66F(37F), 1st Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
- 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 Asccard Spinners 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 Asccard Spinners Private Limited, buy the company report.
Financials of Asccard Spinners Private Limited
FY 2025 filings availableAsccard Spinners Private Limited reported revenue of ₹27.94 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years. EBITDA rose 139% 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 | ₹24.61 Lakh | ||||
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| Net Profit (PAT) | ₹20.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 88.1% | ||||
| Net Profit Margin | 74% | ||||
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To see the full financial statements and ratios of Asccard Spinners Private Limited, buy the company report.
Board of directors of Asccard Spinners Private Limited
Asccard Spinners has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chellappan Chellappanchokku | Director | 20 Mar 2023 | 3 Years 7 Months | Current |
| Palaniappan Chellappan | Director | 31 Dec 2022 | 3 Years 9 Months | Current |
| Thangavelu Arunachalam | Director | 16 Jul 1993 | 33 Years 3 Months | Current |
Peer comparison
Asccard Spinners Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Akal Textiles Pvt Ltd | ₹27.99 Lakh (FY 2025) | 6.0% | Punjab, India | |||
| Argyle Clothing Company Private Limited | ₹27.97 Lakh (FY 2024) | -28.0% | Coimbatore, Tamil Nadu, India | |||
| Asccard Spinners Private Limitedthis company | ₹27.94 Lakh (FY 2025) | ₹20.69 Lakh | 74% | Chennai, Tamil Nadu, India | ||
| Gomati Cotex Private Limited | ₹27.88 Lakh (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Shree Gajanand Hosiery Mills Pvt Ltd | ₹27.85 Lakh (FY 2023) | -13.0% | Howrah, West Bengal, India | |||
| Selven Lifestyle Private Limited | ₹27.85 Lakh (FY 2024) | 118.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Asccard Spinners Private Limited, buy the company report.
Legal cases
Asccard Spinners Private Limited has 10 court cases on record: 3 filed by Asccard Spinners, 7 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 1 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against Employees State Insurance Corporation (Sro) | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by M/S. Rajendra Ginning Factory, | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against M/S.Sri Lakshmi Cotton Traders and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed against the company by M/S.Sri Lakshmi Cotton | Disposed |
To see the full case history of Asccard Spinners 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asccard Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Asccard Spinners Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asccard Spinners Private Limited has 3 board changes on record since 1993: 3 appointments. The latest: Chellappan Chellappanchokku was appointed as Director on 20 Mar 2023.
Frequently asked questions
Asccard Spinners is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 December 1982 (44+ years old) and is registered under CIN U17124TN1982PTC009775.
Asccard Spinners has 3 current directors:
- Chellappan Chellappanchokku - Director
- Palaniappan Chellappan - Director
- Thangavelu Arunachalam - Director
The latest financial statements of Asccard Spinners 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 CIN (Corporate Identification Number) of Asccard Spinners is U17124TN1982PTC009775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asccard Spinners has 10 court cases on record: 3 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Asccard Spinners was incorporated on 27 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Asccard Spinners by revenue are Akal Textiles Pvt Ltd, Argyle Clothing Company Private Limited, Gomati Cotex Private Limited, Shree Gajanand Hosiery Mills Pvt Ltd, Selven Lifestyle Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chellappan Chellappanchokku was appointed as Director on 20 Mar 2023. Palaniappan Chellappan was appointed as Director on 31 Dec 2022. Thangavelu Arunachalam was appointed as Director on 16 Jul 1993.
The registered office of Asccard Spinners is at 66F37F, 1st Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.
Asccard Spinners operates in the manufacturing industry, in the textile and fabric production segment.
Asccard Spinners can be reached at its registered office: 66F37F, 1st Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.