Avnish Spinners Private Limited
About Avnish Spinners Private Limited
Data last updated:
Avnish Spinners 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 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2003PTC010847. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.45 Cr. It is led by directors Damodharan Rajkumar (Managing Director) and Srividya Rajkumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at G1 B Block Ground Floor1075B Avanashi Road, Coimbatore, Tamil Nadu, India – 641011.
As per the financials filed for FY 2019, the company reported a revenue of ₹38.27 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹9,416 (net margin -0.2%) and EBITDA of ₹3.32 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹13.75 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressG1 B Block Ground Floor1075B Avanashi Road, Coimbatore, Tamil Nadu, India – 641011
- 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
Financials of Avnish Spinners Private Limited FY 2019 filings available
Avnish Spinners Private Limited reported revenue of ₹38.27 Lakh (up 33% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Avnish Spinners Private Limited
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 87% 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 Avnish Spinners Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9,416 | •••• | •••• | •••• | •••• |
| 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 Avnish Spinners Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 Avnish Spinners 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 Avnish Spinners Private Limited
Avnish Spinners 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 |
|---|---|---|---|---|---|---|
| Krishnaraj Industries Limited | ₹38.33 Lakh (FY 2024) | •••• | •••• | 973.0% | •••• | Ahmedabad, Gujarat, India |
| Frontier Jewellers Private Limited | ₹38.33 Lakh (FY 2024) | •••• | •••• | 96.0% | •••• | Punjab, India |
| Innor Fashions Private Limited | ₹38.31 Lakh (FY 2025) | •••• | •••• | -72.0% | •••• | Tirurangadi, Kerala, India |
| Goldshree Silky Route India Private Limited | ₹38.3 Lakh (FY 2016) | •••• | •••• | 2171.0% | •••• | New Delhi, Delhi, India |
| Fairway Textiles Private Limited | ₹38.27 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Amritsar, Punjab, India |
| Avnish Spinners Private Limited this company | ₹38.27 Lakh (FY 2019) | •••• | •••• | 33.0% | •••• | Coimbatore, Tamil Nadu, India |
| Orchid Cotex Private Limited | ₹38.24 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Shirpur, Maharashtra, India |
| NCC Matoshri Cotton Private Limited | ₹38.11 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Aurangabad, Maharashtra, India |
| Allied IT Services Private Limited | ₹38.11 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Gracious Designers Private Limited | ₹38.06 Lakh (FY 2023) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Sujain Textiles Private Limited | ₹38.06 Lakh (FY 2024) | •••• | •••• | 210.0% | •••• | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Avnish Spinners 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 Avnish Spinners Private Limited
Avnish Spinners Private Limited is audited by SWAMY & RAVI for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWAMY & RAVI | 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 Avnish Spinners Private Limited
Avnish Spinners has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srividya Rajkumar Also directs: Amsam Spinning Mills Private Limited | Director | 14 Nov 2003 | 22 Years 10 Months | Current |
| Damodharan Rajkumar Also directs: Amsam Spinning Mills Private Limited | Managing Director | 14 Nov 2003 | 22 Years 10 Months | Current |
Ownership and Shareholding of Avnish Spinners 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 Avnish Spinners Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2012 | Standard Chartered Bank | ₹13.75 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Avnish Spinners Private Limited
Avnish Spinners Private Limited has 1 court case on record: 1 filed by Avnish Spinners. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRP PD) | Filed by the company against an individual | Disposed |
Full case history
All 1 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 Avnish Spinners Private Limited
Avnish Spinners Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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 Avnish Spinners Private Limited
Avnish Spinners Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Damodharan Rajkumar was appointed as Managing Director on 14 Nov 2003.
Credit Ratings, Litigation & Regulatory Alerts for Avnish Spinners 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 Avnish Spinners 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 Avnish Spinners 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 Avnish Spinners Private Limited
Avnish Spinners has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Avnish Spinners 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 Avnish Spinners Private Limited
Avnish Spinners 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 November 2003 (23+ years old) and is registered under CIN U17111TZ2003PTC010847.
Avnish Spinners reported revenue of ₹38.27 Lakh for FY 2019 (up 33% YoY).
Avnish Spinners has 2 current directors:
- Damodharan Rajkumar - Managing Director
- Srividya Rajkumar - Director
Avnish Spinners reported a net loss of ₹9,416 (net margin -0.2%) and EBITDA of ₹3.32 Lakh (EBITDA margin 8.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avnish Spinners is -12% over three years and -22% over five years. In the latest year (FY 2019) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
No. Avnish Spinners has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avnish Spinners is U17111TZ2003PTC010847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avnish Spinners has 1 court case on record: 1 filed by the company.
Avnish Spinners was incorporated on 14 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Avnish Spinners by revenue are Krishnaraj Industries Limited, Frontier Jewellers Private Limited, Innor Fashions Private Limited, Goldshree Silky Route India Private Limited, Fairway Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Damodharan Rajkumar was appointed as Managing Director on 14 Nov 2003. Srividya Rajkumar was appointed as Director on 14 Nov 2003.