Asg Textiles Private Limited

Asg Textiles Private Limited - home & lifestyle in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74110UP2008PTC034848 Incorporated 14 March 2008 ROC Kanpur HQ Varanasi, Uttar Pradesh, India
Active Private Limited Company home and lifestyle MSME · Small
Data last updated
Revenue · FY 2024
₹9.94 Cr
▼ 1% YoY
Net profit · FY 2024
₹13.75 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹88.89 Lakh
EBITDA margin 8.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.5 Lakh
Issued & subscribed
Open charges
₹5.6 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Asg Textiles Private Limited

Data last updated:

Asg Textiles Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 14 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74110UP2008PTC034848. Its GSTIN is 29AAICA6684K1ZZ (Karnataka).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.5 Lakh. It was formerly known as Ad Enterprise Private Limited and Varanasi Air Motors Private Limited. It is led by directors Awadesh Prasad Gupta and Saurabh Gupta.

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 C – 27/274 – A – 3 – 1 – A Maldahia First Floor Dr Jai Singh Building, Varanasi, Uttar Pradesh, India – 221001.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.94 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹13.75 Lakh (net margin 1.4%) and EBITDA of ₹88.89 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 96% over five years.

As per MCA filings, the company has open charges of ₹5.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Asg Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0099184). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74110UP2008PTC034848
Registration Number 034848
Incorporation Date 14 March 2008
ROC Kanpur
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 Small
Udyam Registration UDYAM-KR-03-0099184

Name history

Asg Textiles has undergone 2 name changes throughout its history. The company was previously known as Ad Enterprise Private Limited, and Varanasi Air Motors Private Limited. The current legal name is Asg Textiles Private Limited.

Company NameStatus
Asg Textiles Private LimitedCurrent
Ad Enterprise Private LimitedPrevious
Varanasi Air Motors Private LimitedPrevious

CIN history

Asg Textiles has one previous CIN (Corporate Identification Number): U74999UP2008PTC034848. The current CIN is U74110UP2008PTC034848, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110UP2008PTC034848Current
U74999UP2008PTC034848Previous

Recognitions & Rankings of Asg Textiles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0099184

Contact details

Asg Textiles Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 27/274 – A – 3 – 1 – A Maldahia First Floor Dr Jai Singh Building, Varanasi, Uttar Pradesh, India – 221001
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Asg Textiles Private Limited, buy the company report.

Comprehensive company report
Asg Textiles 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
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Business activity

The main business activity of Asg Textiles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Asg Textiles Private Limited, buy the company report.

Financials of Asg Textiles Private Limited

FY 2025 filings available

Asg Textiles Private Limited reported revenue of ₹9.94 Cr (down 1% YoY) for FY 2024.

Revenue · FY 2024
₹9.94 Cr ▼ 1%
Net profit · FY 2024
₹13.75 Lakh margin 1.4%
EBITDA · FY 2024
₹88.89 Lakh margin 8.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 22%
5 years · compounded
▲ 96%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 16%
5 years · compounded
▲ 172%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 96%. EBITDA fell 8% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹88.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.75 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.9%
Net Profit Margin1.4%
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 Asg Textiles Private Limited, buy the company report.

Board of directors of Asg Textiles Private Limited

Asg Textiles has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Awadesh Prasad GuptaDirector14 Mar 200818 Years 7 MonthsCurrent
Saurabh GuptaDirector14 Mar 200818 Years 7 MonthsCurrent

Auditor

Asg Textiles Private Limited is audited by GUPTA S KUMAR & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
GUPTA S KUMAR & COFY 2019006641C

Shareholding

The shareholding of Asg Textiles Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asg Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Sep 2025101183010Others₹4 CrOpen
09 Jun 2021100464603Others₹1.6 CrOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asg Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Asg Textiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICA6684K1ZZKarnatakaActive31 Aug 2018

To see the full GST registrations and return filing status of Asg Textiles Private Limited, buy the company report.

Recent activity

Asg Textiles Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Awadesh Prasad Gupta was appointed as Director on 14 Mar 2008.

AGM
Asg Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101183010 was registered on 26 Sep 2025.
Filing
Asg Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 159.79 Lakh with Charge ID 100464603 was registered on 09 Jun 2021.
Appointed
Awadesh Prasad Gupta was appointed as Director.
Appointed
Saurabh Gupta was appointed as Director.
Incorporation
14 Mar 2008
Asg Textiles Private Limited was registered on 14 Mar 2008 with Roc Kanpur & aged 18 years 7 months as per MCA records.

Frequently asked questions

Asg Textiles is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 14 March 2008 (18+ years old) and is registered under CIN U74110UP2008PTC034848.

Asg Textiles has 2 current directors:

The latest financial statements of Asg Textiles 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 Asg Textiles is 29AAICA6684K1ZZ, registered in Karnataka.

The CIN (Corporate Identification Number) of Asg Textiles is U74110UP2008PTC034848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asg Textiles has 1 court case on record: 1 filed against it. 1 is pending.

Asg Textiles was incorporated on 14 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.

Awadesh Prasad Gupta was appointed as Director on 14 Mar 2008. Saurabh Gupta was appointed as Director on 14 Mar 2008.

Yes, Asg Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0099184).

The registered office of Asg Textiles is at C – 27274 – A – 3 – 1 – A Maldahia First Floor Dr Jai Singh Building, Varanasi, Uttar Pradesh, India – 221001.