Assam State Weaving and Mfging Co Ltd
About Assam State Weaving and Mfging Co Ltd
Data last updated:
Assam State Weaving and Mfging Co Ltd was a private limited state government company based in Guwahati, Assam, India, operated as a subsidiary of Assam Industrial Development Corporation Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 November 1988.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U17116AS1988SGC003128. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.2 Cr. It was led by directors including Prasanta Bora (Managing Director) and Neera Daulagupu.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at A I D C Complex R G Baruah Road, Guwahati, Assam, India – 781024.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.2 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Cr and EBITDA of -₹55.61 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
As per MCA filings, the company had satisfied charges of ₹15.6 Cr on record.
Company details
CIN history
Assam State Weaving and Mfging Co has one previous CIN (Corporate Identification Number): U17116AS1988PTC003128. The current CIN is U17116AS1988SGC003128, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17116AS1988SGC003128 | Current |
| U17116AS1988PTC003128 | Previous |
Contact details
Assam State Weaving and Mfging Co Ltd's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA I D C Complex R G Baruah Road, Guwahati, Assam, India – 781024
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Assam State Weaving and Mfging Co Ltd, 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
Financials of Assam State Weaving and Mfging Co Ltd
FY 2019 filings availableAssam State Weaving and Mfging Co Ltd reported revenue of ₹3.2 Lakh (down 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 16% fall in the latest year. EBITDA fell 677% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.2 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹55.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.14 Cr | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Assam State Weaving and Mfging Co Ltd, buy the company report.
Board of directors of Assam State Weaving and Mfging Co Ltd
Assam State Weaving and Mfging Co has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neera Daulagupu Also directs: Ashok Paper Mill (Assam) Limited | Nominee Director | 26 May 2015 | 11 Years 5 Months | As last reported |
| Sailendra Nath Sarmah | Nominee Director | 14 Aug 2015 | 11 Years 2 Months | As last reported |
| Tarun Chandra Sahariah Also directs: Assam Plains Tribes Development Corpn Ltd | Nominee Director | 30 Jun 2011 | 15 Years 4 Months | As last reported |
| Hiranya Kumar Sarma | Nominee Director | 06 Jul 2012 | 14 Years 4 Months | As last reported |
| Prasanta Bora | Managing Director | 19 Dec 2018 | 7 Years 10 Months | As last reported |
Peer comparison
Assam State Weaving and Mfging Co Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hibotex Pvt Ltd | ₹3.22 Lakh (FY 2024) | 17.0% | Surat, Gujarat, India | |||
| Maverick Textiles Private Limited | ₹3.21 Lakh (FY 2025) | -47.0% | Hinganghat, Maharashtra, India | |||
| Delta 4 Digital Private Limited | ₹3.2 Lakh (FY 2024) | -79.0% | Noida, Uttar Pradesh, India | |||
| Yamuna Spintech Private Limited | ₹3.2 Lakh (FY 2024) | 3101.0% | Niwali, Madhya Pradesh, India | |||
| PCR Textiles Private Limited | ₹3.2 Lakh (FY 2024) | 1623.0% | Hyderabad, Telangana, India | |||
| Assam State Weaving and Mfging Co Ltdthis company | ₹3.2 Lakh (FY 2019) | -₹1.14 Cr | -16.0% | Guwahati, Assam, India | ||
| High Tech Knitwear Private Limited | ₹3.2 Lakh (FY 2019) | -27.0% | Surat, Gujarat, India | |||
| Sukara Enterprises Private Limited | ₹3.2 Lakh (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Solid Investments Private Limited | ₹3.2 Lakh (FY 2025) | 58328.0% | Mumbai, Maharashtra, India | |||
| German Poly Films Private Limited | ₹3.18 Lakh (FY 2025) | 21.0% | Surat, Gujarat, India | |||
| The Rishabh Velveleen Limited | ₹3.16 Lakh (FY 2024) | Uttarakhand, India |
To see the full peer comparison of Assam State Weaving and Mfging Co Ltd, buy the company report.
Auditor
Assam State Weaving and Mfging Co Ltd is audited by D. PATWARY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. PATWARY & CO | FY 2019 | 324523E |
Shareholding
The shareholding of Assam State Weaving and Mfging Co Ltd is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Assam State Weaving and Mfging Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 1991 | 80044673 | Industrial Development Bank of India | ₹4.85 Cr | Satisfied | |
| 27 Nov 1991 | 80044675 | Industrial Finance Corporation of India | ₹2.45 Cr | Satisfied | |
| 24 Jan 1991 | 80044676 | Industrial Finance Corporation of India | ₹2.75 Cr | Satisfied | |
| 24 Jan 1991 | 80044674 | Industrial Development Bank of India | ₹5.55 Cr | Satisfied |
To see the full charge records of Assam State Weaving and Mfging Co Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Assam State Weaving and Mfging Co Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Assam State Weaving and Mfging Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assam State Weaving and Mfging Co has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Assam State Weaving and Mfging Co Ltd, buy the company report.
Recent activity
Assam State Weaving and Mfging Co Ltd has 22 board changes on record since 2007: 5 appointments and 17 cessations. The latest: Geetimala Baishya ceased to be Managing Director on 19 Dec 2018.
21 earlier events are in the company report.
Frequently asked questions
Assam State Weaving and Mfging Co has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Assam State Weaving and Mfging Co was a private limited state government company based in Guwahati, Assam, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 29 November 1988 and is registered under CIN U17116AS1988SGC003128. The company has been struck off by the Registrar of Companies and is no longer operational.
Assam State Weaving and Mfging Co had 5 directors:
- Prasanta Bora - Managing Director
- Neera Daulagupu - Nominee Director
- Sailendra Nath Sarmah - Nominee Director
- Tarun Chandra Sahariah - Nominee Director
- Hiranya Kumar Sarma - Nominee Director
The CIN (Corporate Identification Number) of Assam State Weaving and Mfging Co is U17116AS1988SGC003128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Assam State Weaving and Mfging Co is at A I D C Complex R G Baruah Road, Guwahati, Assam, India – 781024.
Assam State Weaving and Mfging Co was incorporated on 29 November 1988. It is registered with the Registrar of Companies, Guwahati.
The latest financial statements of Assam State Weaving and Mfging Co on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
No. Assam State Weaving and Mfging Co has 1 GST registration on record and it is cancelled or inactive.
Assam State Weaving and Mfging Co operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
The peers of Assam State Weaving and Mfging Co by revenue are Hibotex Pvt Ltd, Maverick Textiles Private Limited, Delta 4 Digital Private Limited, Yamuna Spintech Private Limited, PCR Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Geetimala Baishya ceased to be Managing Director on 19 Dec 2018. Prasanta Bora was appointed as Managing Director on 19 Dec 2018. Vinod Seshan ceased to be Nominee Director on 29 May 2018. Assam State Weaving and Mfging Co has 22 board changes on record in total.
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