Ashi Texfab Private Limited
About Ashi Texfab Private Limited
Data last updated:
Ashi Texfab Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17121GJ2006PTC049643. Its GSTIN is 24AAGCA2953D1Z2 (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.41 Cr. It is led by directors Sitadevi Arunkumar Tulsian and Arunkumar Jwalaprasad Tulsian.
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 42 – 43 Hirabhai Market Diwan Ballubhai School Road Kankaria, Ahmedabad, Gujarat, India – 380022.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.75 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹8.68 Lakh (net margin 1.8%) and EBITDA of ₹10.91 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years and 59% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashi Texfab Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address42 – 43 Hirabhai Market Diwan Ballubhai School Road Kankaria, Ahmedabad, Gujarat, India – 380022
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Ashi Texfab Private Limited, buy the company report.
- 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 Ashi Texfab is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ashi Texfab Private Limited, buy the company report.
Financials of Ashi Texfab Private Limited
FY 2025 filings availableAshi Texfab Private Limited reported revenue of ₹4.75 Cr (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.91 Lakh | ||||
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| Net Profit (PAT) | ₹8.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Ashi Texfab Private Limited, buy the company report.
Board of directors of Ashi Texfab Private Limited
Ashi Texfab has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunkumar Jwalaprasad Tulsian Also directs: Kartik Clothing and Fabrics Private Limited | Additional Director | 03 Oct 2024 | 2 Years 0 Months | Current |
| Sitadevi Arunkumar Tulsian Also directs: Kartik Clothing and Fabrics Private Limited | Director | 26 Dec 2006 | 19 Years 9 Months | Current |
Peer comparison
Ashi Texfab Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Balaji Emporium Private Limited | ₹4.75 Cr (FY 2025) | -62.0% | Kolkata, West Bengal, India | |||
| Soch Impex Private Limited | ₹4.75 Cr (FY 2025) | 43.0% | Ludhiana, Punjab, India | |||
| Ashi Texfab Private Limitedthis company | ₹4.75 Cr (FY 2024) | ₹8.68 Lakh | 1.8% | -81.0% | Ahmedabad, Gujarat, India | |
| Sunrose Fabrics Private Limited | ₹4.73 Cr (FY 2025) | 48.0% | Surat, Gujarat, India |
To see the full peer comparison of Ashi Texfab Private Limited, buy the company report.
Auditor
Ashi Texfab Private Limited is audited by KOTHARI SANGAWAT & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI SANGAWAT & ASSOCIATES | FY 2018 | 132985W |
Shareholding
The shareholding of Ashi Texfab Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashi Texfab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2010 | 10215117 | Punjab and Sind Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Ashi Texfab Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ashi Texfab Private Limited has 2 court cases on record: 2 filed by Ashi Texfab. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ms. Arsh Enterprises | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against an individual | Disposed |
To see the full case history of Ashi Texfab 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 Ashi Texfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashi Texfab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA2953D1Z2 | Gujarat | Active | 17 Jan 2022 |
To see the full GST registrations and return filing status of Ashi Texfab Private Limited, buy the company report.
Recent activity
Ashi Texfab Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Arunkumar Jwalaprasad Tulsian was appointed as Additional Director on 03 Oct 2024.
Frequently asked questions
Ashi Texfab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 December 2006 (20+ years old) and is registered under CIN U17121GJ2006PTC049643.
Ashi Texfab has 2 current directors:
- Arunkumar Jwalaprasad Tulsian - Additional Director
- Sitadevi Arunkumar Tulsian - Director
The latest financial statements of Ashi Texfab 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 Ashi Texfab is 24AAGCA2953D1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashi Texfab is U17121GJ2006PTC049643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashi Texfab has 2 court cases on record: 2 filed by the company.
Ashi Texfab was incorporated on 26 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashi Texfab by revenue are Shree Balaji Emporium Private Limited, Soch Impex Private Limited, Sunrose Fabrics Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Arunkumar Jwalaprasad Tulsian was appointed as Additional Director on 03 Oct 2024. Ashi Arunkumar Tulsian ceased to be Director on 03 Oct 2024. Kartik Arunkumar Tulsian ceased to be Director on 20 Mar 2022. Ashi Texfab has 5 board changes on record in total.
The registered office of Ashi Texfab is at 42 – 43 Hirabhai Market Diwan Ballubhai School Road Kankaria, Ahmedabad, Gujarat, India – 380022.
Ashi Texfab operates in the home and lifestyle industry, in the textile retail and distribution segment.