Ashirwad Spinfab LLP
About Ashirwad Spinfab LLP
Data last updated:
Ashirwad Spinfab LLP is a limited liability partnership (LLP) 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 25 March 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAI-9468. Its GSTIN is 24ABHFA8449F1ZE (Gujarat).
The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners Amit Tikamchand Agarwal and Tikamchand Nagarmal Agarwal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹61.39 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹20.67 Lakh (net margin 0.3%) and EBITDA of ₹1.13 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
As per MCA filings, the LLP has open charges of ₹8.14 Cr and satisfied charges of ₹3.2 Cr on record. Court records list 1 case involving the LLP; 1 case is pending.
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- Registered AddressOffice No. A/2 – 511 Palladium Near Vodafone House, Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Ashirwad Spinfab LLP FY 2025 filings available
Ashirwad Spinfab LLP reported revenue of ₹61.39 Cr (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ashirwad Spinfab LLP
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 43% 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 of Ashirwad Spinfab LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹20.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashirwad Spinfab LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Ashirwad Spinfab are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Ashirwad Spinfab LLP
Ashirwad Spinfab has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Tikamchand Agarwal | Designated Partner | 25 Mar 2017 | 9 Years 6 Months | Current |
| Tikamchand Nagarmal Agarwal | Designated Partner | 25 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Ashirwad Spinfab LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashirwad Spinfab LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2020 | Axis Bank Limited | ₹8.14 Cr | Open |
| 22 May 2017 | Citi Bank N.A. | ₹3.2 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ashirwad Spinfab LLP
Ashirwad Spinfab LLP has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (INS P) | Company is another party | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ashirwad Spinfab LLP
Employment history and EPFO contributions of people linked to Ashirwad Spinfab.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashirwad Spinfab LLP
Ashirwad Spinfab LLP has 2 designated partner changes on record since 2017: 2 appointments. The latest: Amit Tikamchand Agarwal was appointed as Designated Partner on 25 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Ashirwad Spinfab LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashirwad Spinfab LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashirwad Spinfab LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashirwad Spinfab LLP
Ashirwad Spinfab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABHFA8449F1ZE | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashirwad Spinfab LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashirwad Spinfab LLP
Ashirwad Spinfab is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 March 2017 (9+ years old) and is registered under LLPIN AAI-9468.
Ashirwad Spinfab reported revenue of ₹61.39 Cr for FY 2023 (down 2% YoY).
Ashirwad Spinfab has 2 current designated partners:
- Amit Tikamchand Agarwal - Designated Partner
- Tikamchand Nagarmal Agarwal - Designated Partner
Ashirwad Spinfab reported a net profit of ₹20.67 Lakh (net margin 0.3%) and EBITDA of ₹1.13 Cr (EBITDA margin 1.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashirwad Spinfab is -5% over three years and 2% over five years. In the latest year (FY 2023) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashirwad Spinfab is 24ABHFA8449F1ZE, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Ashirwad Spinfab is AAI-9468. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ashirwad Spinfab has 1 court case on record. 1 is pending.
Ashirwad Spinfab was incorporated on 25 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amit Tikamchand Agarwal was appointed as Designated Partner on 25 Mar 2017. Tikamchand Nagarmal Agarwal was appointed as Designated Partner on 25 Mar 2017.