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Asia Spintex Limited - Company Profile

It is a manufacturing public limited company based in Punjab, Punjab, India, established in 1995.

1995 | Punjab, Punjab, India | Active
Last Updated:

About Asia Spintex Limited

Asia Spintex Limited, a active public limited company, was established on 09 October 1995 in Punjab, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U51311PB1995PLC017119. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹2.05 Cr.

It upholds a compliant status. Employing 13 professional, Its leadership includes Raj Kumar (Whole-Time Director), Ramesh Chander Garg (Director), Darshan Kumar Singla (Whole-Time Director). Past directors included Rattan Lal, Murli Dhar, Raj Kumar. It holds ₹1.98 Cr open charges and ₹4.36 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Village Samalherilalru Distt Patiala, Punjab, Punjab.

Company Details

  • CIN/LLPIN

    U51311PB1995PLC017119

  • Registration Number

    017119

  • Incorporation Date

    09 October 1995

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹2.05 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.05 Cr
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.98 Cr
  • Satisfied Charges ₹ 4.36 Cr
  • Revenue Growth 15.74%
  • Profit Growth 23.89%
  • Ebitda 14.78%
  • Net Worth 112.55%
  • Total Assets 15.81%
Company report

Asia Spintex Limited

Company Report FY 2025-2026

Explore comprehensive insights into Asia Spintex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asia Spintex Limited?

Current Directors

NameDesignationAppointment DateStatus
Raj KumarWhole-Time Director14 Sep 2002Current
Ramesh Chander GargDirector04 Dec 2019Current
Darshan Kumar SinglaWhole-Time Director01 Nov 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director02 Jun 2008Past
Pramod AbcsddDirector04 Dec 2019Past
Pramod AbcsddDirector01 Apr 2020Past
Pramod AbcsddManaging Director27 May 2008Past
Pramod AbcsddDirector25 May 2016Past
Pramod AbcsddDirector20 Feb 2017Past

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Financial Performance of Asia Spintex.

Asia Spintex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.74% increase. The company also saw a substantial improvement in profitability, with a 23.89% increase in profit. The company's net worth Soared by an impressive increase of 112.55%.

Asia Spintex revenue growth over time
Asia Spintex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.74%
Revenue from Operations
15.83%
Total Assets
15.81%
Profit or Loss
23.89%
Net Worth
112.55%
EBITDA
14.78%

What is the Ownership and Shareholding Structure of Asia Spintex?

In 2022, Asia Spintex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹19,768,000.00

Satisfied Charges

₹43,600,000.00

Charges Breakdown by Lending Institutions

  • Others : 1.98 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2003Others₹1.98 CrOpen
23 Dec 2011State Bank Of Patiala₹2.40 CrSatisfied
29 May 2007State Bank Of Patiala₹1.96 CrSatisfied

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How Many Employees Work at Asia Spintex?

Asia Spintex has a workforce of 13 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Asia Spintex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asia Spintex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asia Spintex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Asia Spintex

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Asia Spintex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Asia Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 1.98 Cr registered on 05 Feb 2003 with Charge ID 90169764 was modified on 30 May 2020. was documented.

  • Director Appointment

    Progress on Ramesh Chander Garg was appointed as a Director was appointed as a Director on 04 Dec 2019 & has been associated with this company since 5 years 11 months . was documented.

  • Charges

    A charge registered on 23 Dec 2011 via Charge ID 10330566 with State Bank Of Patiala was fully satisfied on 09 Nov 2018. was recorded as a recent event.

  • Charges

    The activity A charge registered on 29 May 2007 via Charge ID 10056342 with State Bank Of Patiala was fully satisfied on 01 Jan 2018. was completed.

Frequently Asked Questions

  • What is the CIN of Asia Spintex Limited?

    The CIN of Asia Spintex Limited is U51311PB1995PLC017119.

  • Where is Asia Spintex Limited headquartered?

    Asia Spintex Limited is headquartered at Village Samalherilalru Distt Patiala, Punjab, Punjab.

  • When was Asia Spintex Limited incorporated?

    Asia Spintex Limited was incorporated on 09 October 1995.

  • Who are the current directors of Asia Spintex Limited?

    The current directors of Asia Spintex Limited are

  • What is the primary industry of Asia Spintex Limited?

    The primary industry of Asia Spintex Limited is Manufacturing.

  • Is Asia Spintex Limited a listed company?

    Asia Spintex Limited is unlisted.

  • What is the capital structure of Asia Spintex Limited?

    The authorized capital of Asia Spintex Limited is ₹4.00 Cr, and the paid-up capital is ₹2.05 Cr.

  • What is the compliance status of Asia Spintex Limited?

    The compliance status of Asia Spintex Limited is Compliant.

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