MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0031346
Aswatha Spintex India Private Limited
Aswatha Spintex India Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹72.93 Lakh
▼ 95% YoY
Net loss · FY 2024
₹77.31 Lakh
Net margin -106%
EBITDA · FY 2024
-₹31,511
EBITDA margin -0.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹6.35 Cr
Satisfied ₹74 Lakh
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings
About Aswatha Spintex India Private Limited
Data last updated:
Aswatha Spintex India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2001PTC009681. Its GSTIN is 33AABCT6587D2ZA (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Theeran Spinners India Private Limited. It is led by directors Chinniyagounder Palanisamy Rajendren and Rajendran Kalaivani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sf No 82 2 Thottipalayamsulur Road Somanur Palladam Tk, Coimbatore, Tamil Nadu, India – 633668.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.93 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹77.31 Lakh (net margin -106%) and EBITDA of -₹31,511 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹6.35 Cr and satisfied charges of ₹74 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Aswatha Spintex India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0031346). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ2001PTC009681
Registration Number 009681
Incorporation Date 14 March 2001
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0031346
Recognitions & Rankings of Aswatha Spintex India
Contact details
Aswatha Spintex India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf No 82 2 Thottipalayamsulur Road Somanur Palladam Tk, Coimbatore, Tamil Nadu, India – 633668
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aswatha Spintex India Private Limited, buy the company report.
Comprehensive company report
Aswatha Spintex India Private 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
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Business activity
The main business activity of Aswatha Spintex India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Aswatha Spintex India Private Limited, buy the company report.
Financials of Aswatha Spintex India Private Limited
FY 2025 filings availableAswatha Spintex India Private Limited reported revenue of ₹72.93 Lakh (down 95% YoY) for FY 2024.
Revenue · FY 2024
₹72.93 Lakh ▼ 95%
Net loss · FY 2024
₹77.31 Lakh margin -106%
EBITDA · FY 2024
-₹31,511 margin -0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 69%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▼ 100%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 95% fall in the latest year. EBITDA fell 100% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31,511 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -106% | ||||
| 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 Aswatha Spintex India Private Limited, buy the company report.
Board of directors of Aswatha Spintex India Private Limited
Aswatha Spintex India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinniyagounder Palanisamy Rajendren | Director | 13 Aug 2014 | 12 Years 2 Months | Current |
| Rajendran Kalaivani | Director | 13 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Aswatha Spintex India Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadarsh Cotex Private Limited | ₹73.14 Lakh (FY 2025) | -5.0% | Shirpur, Maharashtra, India | |||
| Kga Creations Private Limited | ₹72.99 Lakh (FY 2025) | -91.0% | Surat, Gujarat, India | |||
| Aswatha Spintex India Private Limitedthis company | ₹72.93 Lakh (FY 2024) | -₹77.31 Lakh | -106% | -95.0% | Coimbatore, Tamil Nadu, India | |
| Chandreshwar Textile Private Limited | ₹72.9 Lakh (FY 2025) | -9.0% | Shirpur, Maharashtra, India | |||
| Rakhumai Vitthal Textiles Private Limited | ₹72.9 Lakh (FY 2020) | -90.0% | Solapur, Maharashtra, India | |||
| Wellknown Synthetics Private Limited | ₹72.75 Lakh (FY 2021) | 160.0% | Mumbai, Maharashtra, India | |||
| Mahaniti Texfab Private Limited | ₹72.69 Lakh (FY 2025) | -61.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Aswatha Spintex India Private Limited, buy the company report.
Auditor
Aswatha Spintex India Private Limited is audited by K.N. SWAMY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.N. SWAMY & CO | FY 2023 | 018956 |
Shareholding
The shareholding of Aswatha Spintex India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aswatha Spintex India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.35 Cr
Satisfied charges
₹74 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2012 | 10381524 | Indian Overseas Bank | ₹6.35 Cr | Open | |
| 05 Feb 2003 | 90001413 | The Federal Bank Ltd | ₹74 Lakh | Satisfied |
To see the full charge records of Aswatha Spintex India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aswatha Spintex India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by Indusind Bank Ltd. | Disposed |
| District court, Karimnagar, Telangana | Court case (STC-NI) | Filed against the company by an individual | Disposed |
To see the full case history of Aswatha Spintex India Private 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 Aswatha Spintex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aswatha Spintex India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCT6587D2ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aswatha Spintex India Private Limited, buy the company report.
Recent activity
Aswatha Spintex India Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Chinniyagounder Palanisamy Rajendren ceased to be Additional Director on 30 Sep 2014.
AGM
Aswatha Spintex India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aswatha Spintex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Indian Overseas Bank of Rs. 6.35 Cr registered on 27 Sep 2012 with Charge ID 10381524 was modified on 05 Aug 2021.
Ceased
Chinniyagounder Palanisamy Rajendren ceased to be Additional Director.
Ceased
Rajendran Kalaivani ceased to be Additional Director.
Appointed
Chinniyagounder Palanisamy Rajendren was appointed as Director.
Appointed
Rajendran Kalaivani was appointed as Director.
Charges
A charge registered on 05 Feb 2003 via Charge ID 90001413 with The Federal Bank Ltd was fully satisfied on 26 Nov 2012.
Charges
A charge with Indian Overseas Bank amounted to Rs. 6.35 Cr with Charge ID 10381524 was registered on 27 Sep 2012.
Ceased
Namashivayam Tamilarasan ceased to be Additional Director.
Ceased
Chinnamuthu Nachimuthu ceased to be Director.
Ceased
Kalavathy Pazhanisami ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Aswatha Spintex India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 March 2001 (25+ years old) and is registered under CIN U17111TZ2001PTC009681.
Aswatha Spintex India has 2 current directors:
- Chinniyagounder Palanisamy Rajendren - Director
- Rajendran Kalaivani - Director
The latest financial statements of Aswatha Spintex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aswatha Spintex India is 33AABCT6587D2ZA, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aswatha Spintex India is U17111TZ2001PTC009681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aswatha Spintex India has 2 court cases on record: 2 filed against it.
Aswatha Spintex India was incorporated on 14 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Aswatha Spintex India by revenue are Aadarsh Cotex Private Limited, Kga Creations Private Limited, Chandreshwar Textile Private Limited, Rakhumai Vitthal Textiles Private Limited, Wellknown Synthetics Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chinniyagounder Palanisamy Rajendren ceased to be Additional Director on 30 Sep 2014. Rajendran Kalaivani ceased to be Additional Director on 30 Sep 2014. Chinniyagounder Palanisamy Rajendren was appointed as Director on 13 Aug 2014. Aswatha Spintex India has 12 board changes on record in total.
Yes, Aswatha Spintex India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0031346).
The registered office of Aswatha Spintex India is at Sf No 82 2 Thottipalayamsulur Road Somanur Palladam Tk, Coimbatore, Tamil Nadu, India – 633668.
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