Ashima Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L99999GJ1982PLC005253 Incorporated 17 June 1982 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: ASHIMASYN · BSE: 514286 Public Limited Company manufacturing
Data last updated
Market Cap
₹285 Cr
ASHIMASYN · NSE
Share Price
₹13.92
-6.26% today
Revenue
₹12.01 Cr
FY 2025-26 · +14.6% YoY
EBITDA
−₹22.41 Cr
Margin -186.6%
Net Profit
−₹21.26 Cr
FY 2025-26 · -19.3% YoY
ROE
-7.4%
ROCE 0.4%
Debt / Equity
0.45
Interest cover -39.5x
Authorised capital
₹212.16 Cr
Registered with MCA

About Ashima Limited

Data last updated:

Ashima Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 June 1982 and has been in existence for over 44 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L99999GJ1982PLC005253. Its GSTIN is 24AACCA2750L1ZU (Gujarat). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 514286 and NSE: ASHIMASYN.

The company has an authorised share capital of ₹212.16 Cr and a paid-up capital of ₹212.16 Cr. It was formerly known as Ashima Syntex Private Limited and Ashima Syntex Limited. It is led by directors including Chintan Navnitlal Parikh (Managing Director) and Krishnachintan Chintan Parikh (Whole-Time Director).

Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹12.01 Cr, a growth of 14.6% compared to the previous year. For the same year it recorded a net loss of ₹21.26 Cr (net margin -177%) and EBITDA of -₹22.41 Cr (EBITDA margin -186.6%). The net worth stands at ₹286.52 Cr (down 6.8% YoY). Total assets are valued at ₹441.12 Cr (up 5% YoY).

The company has about 560 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ashima Texcellence. As per MCA filings, the company has open charges of ₹180 Cr and satisfied charges of ₹795.23 Cr on record. Court records list 315 cases involving the company, including 108 filed by the company and 207 filed against it; 66 cases are pending. The company has 39 deals on record (39 market trades); the latest was in May 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 48 overdue payments to 9 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashima.in.

Company details

CIN L99999GJ1982PLC005253
Registration Number 005253
Incorporation Date 17 June 1982
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ASHIMASYN); Listed on BSE (514286)
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Ashima has undergone 2 name changes throughout its history. The company was previously known as Ashima Syntex Private Limited, and Ashima Syntex Limited. The current legal name is Ashima Limited.

Company NameStatus
Ashima LimitedCurrent
Ashima Syntex Private LimitedPrevious
Ashima Syntex LimitedPrevious

Contact details

Ashima Limited's registered office is in Ahmedabad, Gujarat. Its website is ashima.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    1st Floor Aditya, Near Khadayata Colony, Ahmedabad, Gujarat, India – 380006
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Ashima Limited, buy the company report.

Comprehensive company report
Ashima 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

Brands

Ashima operates one associated brand: Ashima Texcellence. Each brand links to its own profile.

BrandDescriptionWebsite
Cotton garments and fabrics are manufactured for international export.ashima.in

Business activity

The main business activities of Ashima are manufacturing and real estate. In detail, this covers textile, leather and other apparel products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
LReal EstateL1Real estate activities with own or leased property

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

Financials of Ashima Limited

FY 2025-26 filings available

Ashima Limited reported revenue of ₹12.01 Cr (up 14.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹12.01 Cr
+14.6% YoY
EBITDA
−₹22.41 Cr
-52.6% YoY
Profit After Tax
−₹21.26 Cr
-19.3% YoY
Net Worth
₹287 Cr
-6.8% YoY
Total Assets
₹441 Cr
+5.0% YoY
Total Debt
₹155 Cr
+37.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income statement
Revenue12.0110.4889.61207104285336
Revenue growth+14.6%-88.3%-+99.8%-63.6%-15.0%-
EBITDA(22.41)(14.69)71.92(15.10)(16.92)(3.74)(4.45)
EBITDA margin-186.6%-140.2%+80.3%-7.3%-16.3%-1.3%-1.3%
Profit before tax(21.79)(19.03)96.4717.92(11.30)(3.38)32.63
Net profit(21.26)(17.82)96.59(17.96)(11.30)(6.29)1.07
Net profit margin-177.0%-170.0%+107.8%-8.7%-10.9%-2.2%+0.3%
EPS (₹)(1.06)(0.99)5.030.93(0.60)(0.64)3.51
Balance sheet
Total assets441420441244232247255
Net worth287307325233216227231
Total debt15511311611.0916.1819.1722.84
Cash & bank28.1094.9670.2427.1252.8017.2717.09
Net working capital21128623198.4484.1283.2092.85
Cash flow
Cash from operations(40.29)(19.86)(38.51)(26.40)(8.04)3.91(25.51)
Cash from investing(41.41)29.44(3.47)37.44(7.24)13.3255.35
Cash from financing33.62(9.72)86.45(5.54)13.40(19.51)(23.67)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14.988.336.860.784.012.770.812.17
Revenue growth (YoY)+273.6%+200.7%+746.9%-64.1%-24.1%-64.7%--
Other income0.871.750.187.001.541.136.160.91
EBITDA(22.97)2.81(6.19)(7.09)(7.32)(1.77)(1.19)(10.55)
EBITDA margin-153.3%+33.7%-90.2%-909.0%-182.5%-63.9%-146.9%-486.2%
Depreciation0.070.070.070.070.070.070.070.20
Interest2.492.462.642.482.131.721.681.71
Profit before tax(24.66)2.03(8.72)(2.64)(7.98)(2.43)3.22(11.55)
Tax(4.48)0.10(1.78)0.100.100.10(0.03)0.00
Net profit(20.18)1.93(6.94)(2.74)(8.08)(2.53)3.25(11.55)
EPS (₹)(1.06)0.10(0.36)(0.15)(0.42)(0.14)0.17(0.60)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10.4210.4089.61207208104285
Revenue growth+0.2%-88.4%-56.7%-0.5%+100.5%-63.6%-
EBITDA(23.89)(14.31)71.92(4.95)(14.39)(16.92)(3.75)
EBITDA margin-229.3%-137.6%+80.3%-2.4%-6.9%-16.3%-1.3%
Profit before tax(23.59)(18.88)96.47(6.65)17.92(11.59)(3.39)
Net profit(22.57)(17.70)96.59(8.04)(17.96)(11.59)(6.30)
Net profit margin-216.6%-170.2%+107.8%-3.9%-8.6%-11.2%-2.2%
EPS (₹)(1.13)(0.99)5.03(0.35)0.93(0.61)(0.64)
Balance sheet
Total assets440420441253246233248
Net worth285308325228234217228
Total debt15511311625.0911.0916.1819.17
Cash & bank21.4589.3170.2427.2027.1252.8017.27
Net working capital20428123192.9299.4985.1583.21
Cash flow
Cash from operations(40.94)(19.35)(38.51)(23.91)(26.40)(8.04)3.91
Cash from investing(41.75)23.27(3.47)16.0237.44(7.24)13.32
Cash from financing33.61(9.71)86.4513.22(5.54)13.40(19.51)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14.387.746.330.393.662.440.742.17
Revenue growth (YoY)+292.9%+217.2%+755.4%-82.0%-30.7%-68.9%--
Other income0.771.670.106.921.461.066.090.83
Total expenses38.025.6713.067.8111.304.521.8312.61
EBITDA(23.64)2.07(6.73)(7.42)(7.64)(2.08)(1.09)(10.44)
EBITDA margin-164.4%+26.7%-106.3%-1902.6%-208.7%-85.2%-147.3%-481.1%
Depreciation0.070.070.070.070.070.070.070.20
Interest2.482.462.642.482.131.721.681.71
Profit before tax(25.42)1.21(9.34)(3.05)(8.38)(2.81)3.25(11.52)
Tax(4.67)(0.12)(1.94)0.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14.988.336.860.784.012.770.812.17
Revenue growth (YoY)+273.6%+200.7%+746.9%-64.1%-24.1%-64.7%--
Other income0.871.750.187.001.541.136.160.91
EBITDA(22.97)2.81(6.19)(7.09)(7.32)(1.77)(1.19)(10.55)
EBITDA margin-153.3%+33.7%-90.2%-909.0%-182.5%-63.9%-146.9%-486.2%
Depreciation0.070.070.070.070.070.070.070.20
Interest2.492.462.642.482.131.721.681.71
Profit before tax(24.66)2.03(8.72)(2.64)(7.98)(2.43)3.22(11.55)
Tax(4.48)0.10(1.78)0.100.100.10(0.03)0.00
Net profit(20.18)1.93(6.94)(2.74)(8.08)(2.53)3.25(11.55)
EPS (₹)(1.06)0.10(0.36)(0.15)(0.42)(0.14)0.17(0.60)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Revenue12.0110.4889.61207104285336
Revenue growth+14.6%-88.3%-+99.8%-63.6%-15.0%-
Other income9.863.1228.9838.4210.957.7650.57
Total expenses34.4225.1717.69222121289340
Employee cost7.832.814.6029.0220.3344.9152.25
EBITDA(22.41)(14.69)71.92(15.10)(16.92)(3.74)(4.45)
EBITDA margin-186.6%-140.2%+80.3%-7.3%-16.3%-1.3%-1.3%
Depreciation0.280.660.783.113.355.375.55
Interest8.966.803.652.291.982.037.94
Profit before tax(21.79)(19.03)96.4717.92(11.30)(3.38)32.63
Tax(1.49)(0.03)0.060.000.170.000.00
Net profit(21.26)(17.82)96.59(17.96)(11.30)(6.29)1.07
Net profit margin-177.0%-170.0%+107.8%-8.7%-10.9%-2.2%+0.3%
EPS (₹)(1.06)(0.99)5.030.93(0.60)(0.64)3.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Equity & liabilities
Share capital20120120019919819898.58
Reserves & surplus85.2510712534.5417.5329.24132
Shareholders' funds (net worth)287307325233216227231
Minority interest0.000.000.000.000.000.000.00
Secured loans14710595.143.598.0911.6715.00
Unsecured loans7.507.5020.527.508.097.507.84
Total debt15511311611.0916.1819.1722.84
Total liabilities441420441244232247255
Assets
Gross block54.0664.77257239316320314
Net block42.3346.55131117134139137
Capital work in progress0.000.007.288.070.710.690.32
Investments13731.1130.6312.603.0014.9513.45
Inventories29020118776.8436.8058.3873.33
Sundry debtors2.133.9437.2322.1514.1716.4824.88
Cash & bank balances28.1094.9670.2427.1252.8017.2717.09
Loans & advances6.7468.1627.7745.4817.4040.3742.23
Total current assets327368322172121132158
Total current liabilities11682.0091.8473.1537.0549.3064.68
Net working capital21128623198.4484.1283.2092.85
Total assets441420441244232247255
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Opening cash64.3364.4720.009.1711.0513.337.16
Net cash from operating activities(40.29)(19.86)(38.51)(26.40)(8.04)3.91(25.51)
Net cash from investing activities(41.41)29.44(3.47)37.44(7.24)13.3255.35
Net cash from financing activities33.62(9.72)86.45(5.54)13.40(19.51)(23.67)
Net change in cash(48.08)(0.14)44.475.50(1.88)(2.28)6.17
Closing cash28.1094.9670.2427.1252.8017.2717.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Growth
Sales growth+14.6%-88.3%-+99.8%-63.6%-15.0%-
EBITDA growth-52.6%-120.4%-+10.8%-352.4%+16.0%-
PBT growth-14.5%-+438.3%+9998.0%-234.3%-+9997.0%
Net income growth-19.3%-118.5%--58.9%-79.7%-687.9%-
Revenue CAGR (3Y)-61.3%-53.4%-32.0%-14.9%---
EBITDA CAGR (3Y)+14.1%-4.6%-+50.3%---
Profitability & leverage
Net income margin-169.0%-181.3%+107.6%+8.6%-11.1%-1.2%+9.7%
Return on capital employed+0.4%+1.8%+16.5%-3.3%+2.0%-0.9%+1.3%
Return on net worth-7.4%-5.8%+30.5%-8.3%-7.8%-1.6%+0.2%
Debt / equity0.450.360.360.060.080.090.10
Long-term debt / equity0.450.340.320.040.090.110.08
Interest cover-39.49-44.305.13-12.58-9.77-22.28-79.40
Efficiency & per share
Fixed asset turnover0.200.070.350.750.330.901.07
Inventory turnover0.050.050.483.652.184.334.58
Debtors turnover3.960.512.4111.426.7713.8013.50
EPS (₹)(1.06)(0.99)5.030.93(0.60)(0.64)3.51
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)14.4515.5816.5311.8010.9115.5024.24
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14.387.746.330.393.662.440.742.17
Revenue growth (YoY)+292.9%+217.2%+755.4%-82.0%-30.7%-68.9%--
Other income0.771.670.106.921.461.066.090.83
Total expenses38.025.6713.067.8111.304.521.8312.61
EBITDA(23.64)2.07(6.73)(7.42)(7.64)(2.08)(1.09)(10.44)
EBITDA margin-164.4%+26.7%-106.3%-1902.6%-208.7%-85.2%-147.3%-481.1%
Depreciation0.070.070.070.070.070.070.070.20
Interest2.482.462.642.482.131.721.681.71
Profit before tax(25.42)1.21(9.34)(3.05)(8.38)(2.81)3.25(11.52)
Tax(4.67)(0.12)(1.94)0.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10.4210.4089.61207208104285
Revenue growth+0.2%-88.4%-56.7%-0.5%+100.5%-63.6%-
Other income9.542.8928.984.6837.7110.667.76
Total expenses34.3124.7117.69212222121289
Employee cost7.572.664.6031.5629.0220.3344.91
EBITDA(23.89)(14.31)71.92(4.95)(14.39)(16.92)(3.75)
EBITDA margin-229.3%-137.6%+80.3%-2.4%-6.9%-16.3%-1.3%
Depreciation0.280.660.784.133.113.355.37
Interest8.966.803.652.252.291.982.03
Profit before tax(23.59)(18.88)96.47(6.65)17.92(11.59)(3.39)
Tax(1.95)0.000.060.000.000.170.00
Net profit(22.57)(17.70)96.59(8.04)(17.96)(11.59)(6.30)
Net profit margin-216.6%-170.2%+107.8%-3.9%-8.6%-11.2%-2.2%
EPS (₹)(1.13)(0.99)5.03(0.35)0.93(0.61)(0.64)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital201201200199199198198
Reserves & surplus84.0310712528.6235.5818.5630.57
Shareholders' funds (net worth)285308325228234217228
Secured loans14710595.1417.593.598.0911.67
Unsecured loans7.507.5020.527.507.508.097.50
Total debt15511311625.0911.0916.1819.17
Total liabilities440420441253246233248
Assets
Gross block54.0364.73257260239316320
Net block42.3046.52131134117134139
Capital work in progress0.000.007.284.138.070.710.69
Investments14337.1130.6315.1512.603.0016.28
Inventories29020118779.8676.8436.8058.38
Sundry debtors1.593.8537.2314.5322.1514.1716.48
Cash & bank balances21.4589.3170.2427.2027.1252.8017.27
Loans & advances6.7268.0927.7738.4146.5218.4440.38
Total current assets320363322160173122133
Total current liabilities11681.9991.8467.0873.1437.0649.30
Net working capital20428123192.9299.4985.1583.21
Total assets440420441253246233248
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash58.6864.4720.0014.679.1711.0513.33
Net cash from operating activities(40.94)(19.35)(38.51)(23.91)(26.40)(8.04)3.91
Net cash from investing activities(41.75)23.27(3.47)16.0237.44(7.24)13.32
Net cash from financing activities33.61(9.71)86.4513.22(5.54)13.40(19.51)
Net change in cash(49.08)(5.79)44.475.335.50(1.88)(2.28)
Closing cash21.4589.3170.2427.2027.1252.8017.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+0.2%-88.4%-56.7%-0.5%+100.5%-63.6%-
EBITDA growth-67.0%-119.9%+1552.9%+65.6%+15.0%-351.2%-
PBT growth-25.0%-+9998.0%-+9998.0%-241.9%-
Net income growth-27.5%-118.3%+1301.4%+55.2%-55.0%-84.0%-
Revenue CAGR (3Y)-63.1%-63.2%-4.8%-10.2%-14.8%-23.3%+14.0%
EBITDA CAGR (3Y)+69.0%-0.2%-+9.7%+49.6%+14.3%-33.6%
Profitability & leverage
Net income margin-207.7%-181.5%+107.6%-3.2%+8.6%-11.3%-1.2%
Return on capital employed+0.0%+1.8%+21.0%-2.7%-3.2%+1.9%-0.9%
Return on net worth-7.9%-5.8%+36.0%-3.6%-8.2%-7.9%-1.6%
Debt / equity0.450.360.250.080.060.080.09
Long-term debt / equity0.450.340.230.070.040.090.11
Interest cover-37.07-45.425.13-24.78-13.09-9.77-22.26
Efficiency & per share
Fixed asset turnover0.180.060.350.830.750.330.90
Inventory turnover0.040.050.672.643.662.184.33
Debtors turnover3.830.513.4611.2911.466.7713.80
EPS (₹)(1.13)(0.99)5.03(0.35)0.93(0.61)(0.64)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)14.3815.5816.5311.4911.8610.9715.75

To see the full year-wise statements and ratios of Ashima Limited, buy the company report.

Board of directors of Ashima Limited

Ashima has 7 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neeraj GolasDirector12 Aug 201610 Years 2 MonthsCurrent
Krishnachintan Chintan ParikhWhole-Time Director05 Jun 20215 Years 4 MonthsCurrent
Koushlya Vijay MelwaniDirector15 Dec 201411 Years 10 MonthsCurrent
Chintan Navnitlal ParikhManaging Director17 Jun 198244 Years 4 MonthsCurrent
Nilesh Bansilal MehtaDirector25 May 20242 Years 5 MonthsCurrent
Uttara Chintan ParikhAdditional Director01 Jul 20260 Years 4 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Ashima Limited is audited by MUKESH M. SHAH & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MUKESH M. SHAH & CO.FY 2023106625W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 73.50%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 26.40%.

Promoters: 73.50%FII (Foreign Institutional): 0.10%Retail & Others: 26.40%
Sep 2026
QUARTER
73.50% Promoters
0.10% FII (Foreign Institutional)
26.40% Retail & Others
Promoter holding - history
Now 73.50% · Sep 2026High 73.50% · Dec 2025Low 73.50% · Dec 2025
72%72.8%73.5%74.3%75%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 73.50%Mar 2026: 73.50%Jun 2026: 73.50%Sep 2026: 73.50%73.50%73.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters73.50%73.50%73.50%73.50%
Public26.50%26.50%26.50%26.50%

Charges & borrowings

Open charges
₹180 Cr
Satisfied charges
₹795.23 Cr
Breakdown by lending institutions
Others₹180.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Aug 2025101151798Others₹120 CrOpen
24 May 2024100931233Others₹20 CrOpen
14 Sep 2023100796109Others₹40 CrOpen
11 Feb 2025101068992Others₹50 CrSatisfied
11 Jan 2024100845934Others₹30 CrSatisfied

To see the full charge records of Ashima Limited, buy the company report.

Total charge records: 51 View all charges

Deals & funding

Ashima Limited has 39 deals on record (39 market trades); the latest was in May 2024.

Total deals
39
Market trades
39

Deals on record (5 of 39)

WhenDealAmountParties
May 2024Market trade₹3.6 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited
May 2024Market trade₹3.84 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited
Feb 2024Market trade₹2.6 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Mar 2021Market trade₹3.36 CrSeller: Asset Reconstruction Company (India) Limited
Jan 2021Market trade₹5.2 CrBuyer: an individual
Seller: Asset Reconstruction Company (India) Limited

To see the full deal history of Ashima Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ashima Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 48 overdue payments to 9 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 9)

SupplierAmount dueDue sinceReported on
Mutha Labels Corporation
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Ashima Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ashima Limited has a workforce of 560 employees on its EPFO records as of Apr 10, 2024, across 4 active EPFO establishments.

Employee count
560
Active EPFO establishments
4
Employee growth
22.27%

GST

Ashima has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AACCA2750L1ZUGujaratActive01 Jul 2017
24AACCA2750L2ZTGujaratActive18 Apr 2022

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

Recent activity

Ashima Limited has 37 board changes on record since 1982: 23 appointments and 14 cessations. The latest: Uttara Chintan Parikh was appointed as Additional Director on 01 Jul 2026.

Appointed
Uttara Chintan Parikh was appointed as Additional Director.
Charges
A charge with Others of Rs. 20.00 Cr registered on 24 May 2024 with Charge ID 100931233 was modified on 30 May 2026.
Charges
A charge with Others of Rs. 40.00 Cr registered on 14 Sep 2023 with Charge ID 100796109 was modified on 30 May 2026.
Appointed
Malay Jayendra Dalal was appointed as Director.
Filing
Ashima Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 11 Feb 2025 via Charge ID 101068992 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 101151798 was registered on 26 Aug 2025.
AGM
Ashima Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Ceased
Shrikant Sachchidanand Pareek ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101068992 was registered on 11 Feb 2025.
Charges
A charge registered on 11 Jan 2024 via Charge ID 100845934 with Others was fully satisfied on 11 Feb 2025.
Charges
A charge registered on 03 Nov 2023 via Charge ID 100808347 with Others was fully satisfied on 11 Feb 2025.

156 earlier events are in the company report.

Frequently asked questions

Ashima is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 June 1982 (44+ years old) and is registered under CIN L99999GJ1982PLC005253. Listed on BSE: 514286 and NSE: ASHIMASYN.

Ashima reported revenue of ₹12.01 Cr for FY 2025-26 (up 14.6% YoY) based on consolidated financials.

Ashima has 7 current directors:

The latest financial statements of Ashima on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ashima is 24AACCA2750L1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCA2750L2ZT (Gujarat).

The CIN (Corporate Identification Number) of Ashima is L99999GJ1982PLC005253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ashima is a listed company as per MCA records. Its shares are listed on both BSE (code: 514286) and NSE (symbol: ASHIMASYN).

Ashima has 315 court cases on record: 108 filed by the company and 207 filed against it. 66 are pending. Most are in the district courts.

Ashima was incorporated on 17 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ashima has 39 deals on record (39 market trades); the latest was in May 2024.

Uttara Chintan Parikh was appointed as Additional Director on 01 Jul 2026. Malay Jayendra Dalal was appointed as Director on 01 May 2026. Shrikant Sachchidanand Pareek ceased to be Whole-Time Director on 31 Mar 2025. Ashima has 37 board changes on record in total.