Assam Syntex Limited
About Assam Syntex Limited
Data last updated:
Assam Syntex Limited was a public 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 20 October 1982.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U01132AS1982SGC001977. Its GSTIN is 18AAIFA9351L1D9 (Assam). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.12 Cr. It was led by directors including Bimal Chandra Deori (Managing Director) and Dipok Kumar Boruah.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Aidc Campus R.G.Baruah Road, Guwahati, Assam, India – 781024.
As per the financials filed for FY 2020, the company reported a revenue of ₹28.03 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹11.11 Lakh (net margin 39.6%) and EBITDA of ₹13.27 Lakh (EBITDA margin 47.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
As per MCA filings, the company had satisfied charges of ₹5.98 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 1 case is pending.
Company details
CIN history
Assam Syntex has one previous CIN (Corporate Identification Number): U01132AS1982PTC001977. The current CIN is U01132AS1982SGC001977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01132AS1982SGC001977 | Current |
| U01132AS1982PTC001977 | Previous |
Contact details
Assam Syntex Limited's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAidc Campus R.G.Baruah Road, Guwahati, Assam, India – 781024
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Assam Syntex 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
Financials of Assam Syntex Limited
FY 2020 filings availableAssam Syntex Limited reported revenue of ₹28.03 Lakh (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.03 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.11 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.4% | ||||
| Net Profit Margin | 39.6% | ||||
| 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 Syntex Limited, buy the company report.
Board of directors of Assam Syntex Limited
Assam Syntex has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bimal Chandra Deori Also directs: G M Hospital Pvt Ltd | Managing Director | 28 Oct 2021 | 4 Years 11 Months | As last reported |
| Sailendra Nath Sarmah | Nominee Director | 14 Aug 2015 | 11 Years 2 Months | As last reported |
| Manvendra Pratap Singh | Nominee Director | 24 May 2022 | 4 Years 5 Months | As last reported |
| Dipok Kumar Boruah | Director | 21 Oct 2005 | 21 Years 0 Months | As last reported |
| Tarun Chandra Sahariah Also directs: Assam Plains Tribes Development Corpn Ltd | Nominee Director | 30 Jun 2011 | 15 Years 3 Months | As last reported |
Peer comparison
Assam Syntex Limited 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 |
|---|---|---|---|---|---|---|
| Gajanana Textiles Private Limited | ₹28.27 Lakh (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Mahalakshmi Poly Weaves (India) Private Limited | ₹28.21 Lakh (FY 2025) | -42.0% | Coimbatore, Tamil Nadu, India | |||
| Simiran Textiles Pvt Ltd | ₹28.18 Lakh (FY 2016) | -8.0% | Kolkata, West Bengal, India | |||
| Aarav Lifestyle Private Limited | ₹28.1 Lakh (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| Partake Exports Private Limited | ₹28.08 Lakh (FY 2024) | -94.0% | Kolkata, West Bengal, India | |||
| Assam Syntex Limitedthis company | ₹28.03 Lakh (FY 2020) | ₹11.11 Lakh | 39.6% | 14.0% | Guwahati, Assam, India | |
| Get Posh Private Limited | ₹28.03 Lakh (FY 2024) | -25.0% | Indore, Madhya Pradesh, India | |||
| Charchit Creation Limited | ₹28 Lakh (FY 2021) | -59.0% | Surat, Gujarat, India | |||
| Akal Textiles Pvt Ltd | ₹27.99 Lakh (FY 2025) | 6.0% | Punjab, India | |||
| Nanya Motors Private Limited | ₹27.98 Lakh (FY 2025) | 1151.0% | New Delhi, Delhi, India | |||
| Argyle Clothing Company Private Limited | ₹27.97 Lakh (FY 2024) | -28.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Assam Syntex Limited, buy the company report.
Auditor
Assam Syntex Limited is audited by O.P. CHANDAK & CO. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. CHANDAK & CO. | FY 2020 | 319127E |
Shareholding
The shareholding of Assam Syntex Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Assam Syntex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 1986 | 80044381 | State Bank of India | ₹1.38 Cr | Satisfied | |
| 23 Jan 1985 | 80044380 | Industrial Development Bank of India | ₹4.6 Cr | Satisfied |
To see the full charge records of Assam Syntex Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Assam Syntex Limited has 8 court cases on record: 3 filed by Assam Syntex, 5 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by Ms Advent Industries Ltd. | Disposed |
| High Court, Assam | Writ petition | Filed against the company by M/S. Assam Synte Ltd. Karmi Santha and 2 Ors. and 2 others | Pending |
| High Court, Assam | Court case (CRP(I/O)) | Filed against the company by an individual | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed by the company against Ms Advant Industries Limited | Disposed |
To see the full case history of Assam Syntex 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 Assam Syntex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assam Syntex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAIFA9351L1D9 | Assam | Active | 02 Jun 2020 |
| 18AAIFA9351L1Z0 | Assam | Active | 05 Aug 2020 |
To see the full GST registrations and return filing status of Assam Syntex Limited, buy the company report.
Recent activity
Assam Syntex Limited has 23 board changes on record since 2005: 5 appointments and 18 cessations. The latest: Adil Khan ceased to be Nominee Director on 24 May 2022.
19 earlier events are in the company report.
Frequently asked questions
Assam Syntex 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 Syntex was a public 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 20 October 1982 and is registered under CIN U01132AS1982SGC001977. The company has been struck off by the Registrar of Companies and is no longer operational.
Assam Syntex had 5 directors:
- Bimal Chandra Deori - Managing Director
- Sailendra Nath Sarmah - Nominee Director
- Manvendra Pratap Singh - Nominee Director
- Dipok Kumar Boruah - Director
- Tarun Chandra Sahariah - Nominee Director
The CIN (Corporate Identification Number) of Assam Syntex is U01132AS1982SGC001977. 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 Syntex is at Aidc Campus R.G.Baruah Road, Guwahati, Assam, India – 781024.
Assam Syntex was incorporated on 20 October 1982. It is registered with the Registrar of Companies, Guwahati.
The latest financial statements of Assam Syntex on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Assam Syntex is 18AAIFA9351L1D9, registered in Assam. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 18AAIFA9351L1Z0 (Assam).
Assam Syntex 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 Syntex by revenue are Gajanana Textiles Private Limited, Mahalakshmi Poly Weaves (India) Private Limited, Simiran Textiles Pvt Ltd, Aarav Lifestyle Private Limited, Partake Exports Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Assam Syntex has 8 court cases on record: 3 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.