Avishkaar Processing Mills Private Limited
About Avishkaar Processing Mills Private Limited
Data last updated:
Avishkaar Processing Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 March 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1991PTC015213. Its GSTIN is 24AACCA0038P2ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sandeep Kaluram Rustagi and Rekharani Kaluram Rustagi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 145 GIDC Pandasara, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.65 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹7.01 Lakh (net margin 2.6%) and EBITDA of ₹31.07 Lakh (EBITDA margin 11.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 21% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹3.14 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address145 GIDC Pandasara, Surat, Gujarat, India – 394221
- IndustryManufacturing, Textile & Fabric Production
- 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
Business Activity of Avishkaar Processing Mills Private Limited
The main business activity of Avishkaar Processing Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avishkaar Processing Mills Private Limited FY 2024 filings available
Avishkaar Processing Mills Private Limited reported revenue of ₹2.65 Cr (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avishkaar Processing Mills Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 52% fall in the latest year. EBITDA rose 17% 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 Avishkaar Processing Mills Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹31.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.01 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 of Avishkaar Processing Mills Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avishkaar Processing Mills are in the company report.
Financial statements from 2015
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.
Peer Comparison of Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tex and Nets Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Vikram Threads Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Raj Synthetics Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Surat, Gujarat, India |
| Om Yarn Plus Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
| Jayaraj Yarns (India) Private Limited | ₹2.65 Cr (FY 2021) | •••• | •••• | -22.0% | •••• | Namakkal, Tamil Nadu, India |
| Avishkaar Processing Mills Private Limited this company | ₹2.65 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Surat, Gujarat, India |
| Kanchan Cotex Private Limited | ₹2.65 Cr (FY 2024) | •••• | •••• | 206.0% | •••• | Shirpur, Maharashtra, India |
| Shivam Fabricaters Pvt Ltd | ₹2.65 Cr (FY 2018) | •••• | •••• | -21.0% | •••• | Surat, Gujarat, India |
| Sakku Spinning Mills Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | -98.0% | •••• | Guntur, Andhra Pradesh, India |
| Kiah Sourcing Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| High Profile Garments Private Limited | ₹2.64 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Avishkaar Processing Mills by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills Private Limited is audited by K KIRAN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K KIRAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kaluram Rustagi | Director | 31 Mar 1996 | 30 Years 6 Months | Current |
| Rekharani Kaluram Rustagi | Director | 14 Mar 1991 | 35 Years 6 Months | Current |
| Sumitkumar Kaluram Rustagi | Director | 01 Oct 2002 | 24 Years 0 Months | Current |
| Sachinkumar Kaluram Rastogi | Director | 15 Dec 1998 | 27 Years 9 Months | Current |
| Kaluram Bhishamberdayal Rustagi | Director | 14 Mar 1991 | 35 Years 6 Months | Current |
Ownership and Shareholding of Avishkaar Processing Mills Private Limited
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 Avishkaar Processing Mills Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2012 | Hdfc Bank Limited | ₹3.75 Cr | Open |
| 04 Aug 2005 | Bank of Baroda | ₹1.57 Cr | Satisfied |
| 04 Aug 2005 | Bank of Baroda | ₹1.57 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills Private Limited has 3 court cases on record: 1 filed by Avishkaar Processing Mills, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India Deleted | Disposed |
Full case history
All 3 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 Avishkaar Processing Mills Private Limited
Employment history and EPFO contributions of people linked to Avishkaar Processing Mills.
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 Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills Private Limited has 5 board changes on record since 1991: 5 appointments. The latest: Sumitkumar Kaluram Rustagi was appointed as Director on 01 Oct 2002.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avishkaar Processing Mills Private Limited
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 Avishkaar Processing Mills Private Limited
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 Avishkaar Processing Mills Private Limited
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 Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA0038P2ZS | 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 Avishkaar Processing Mills Private Limited
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 Avishkaar Processing Mills Private Limited
Avishkaar Processing Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 March 1991 (35+ years old) and is registered under CIN U17119GJ1991PTC015213.
Avishkaar Processing Mills reported revenue of ₹2.65 Cr for FY 2024 (down 52% YoY).
Avishkaar Processing Mills has 5 current directors:
- Sandeep Kaluram Rustagi - Director
- Rekharani Kaluram Rustagi - Director
- Sumitkumar Kaluram Rustagi - Director
- Sachinkumar Kaluram Rastogi - Director
- Kaluram Bhishamberdayal Rustagi - Director
Avishkaar Processing Mills reported a net profit of ₹7.01 Lakh (net margin 2.6%) and EBITDA of ₹31.07 Lakh (EBITDA margin 11.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avishkaar Processing Mills is -26% over three years and -21% over five years. In the latest year (FY 2024) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avishkaar Processing Mills is 24AACCA0038P2ZS, registered in Gujarat. 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 Avishkaar Processing Mills is U17119GJ1991PTC015213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avishkaar Processing Mills has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Avishkaar Processing Mills was incorporated on 14 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Avishkaar Processing Mills by revenue are Tex and Nets Private Limited, Vikram Threads Private Limited, Raj Synthetics Private Limited, Om Yarn Plus Private Limited, Jayaraj Yarns (India) Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sumitkumar Kaluram Rustagi was appointed as Director on 01 Oct 2002. Sachinkumar Kaluram Rastogi was appointed as Director on 15 Dec 1998. Sandeep Kaluram Rustagi was appointed as Director on 31 Mar 1996. Avishkaar Processing Mills has 5 board changes on record in total.