- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0000469

About Bansal Spinning Mills Private Limited
Data last updated:
Bansal Spinning Mills Private Limited is a private limited company based in Sahnewal, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1998PTC020944. Its GSTIN is 03AAACB9911E1Z5 (Punjab).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.64 Cr. It was formerly known as Bansal Spinning Mills Limited and Bansal Spinning and Weaving Mills Private Limited. It is led by directors including Satpal Bansal (Managing Director) and Chintan Bansal (Whole-Time Director).
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 G.T. Road Village Bilga Sahnewal, Punjab, India – 141120.
As per the financials filed for FY 2025, the company reported a revenue of ₹390.91 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.85 Cr (net margin 2%) and EBITDA of ₹28.38 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 204 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bansal Spinning Mills. As per MCA filings, the company has open charges of ₹229.07 Cr and satisfied charges of ₹283.24 Cr on record. Court records list 31 cases involving the company, including 15 filed by the company and 16 filed against it; 8 cases are pending. The company has 22 deals on record (14 secondary share transfers, 8 funding rounds), with disclosed funding of ₹39.33 Cr; the latest was in September 2023. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Supreme Tex Mart Limited with revenue of ₹396.01 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 8 micro and small suppliers.
Bansal Spinning Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0000469). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bansalspinning.com.
Company details
Name history
Bansal Spinning Mills has undergone 2 name changes throughout its history. The company was previously known as Bansal Spinning Mills Limited, and Bansal Spinning And Weaving Mills Private Limited. The current legal name is Bansal Spinning Mills Private Limited.
| Company Name | Status |
|---|---|
| Bansal Spinning Mills Private Limited | Current |
| Bansal Spinning Mills Limited | Previous |
| Bansal Spinning And Weaving Mills Private Limited | Previous |
CIN history
Bansal Spinning Mills has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17115PB1998PTC020944, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115PB1998PTC020944 | Current |
| L17115PB1998PLC020944 | Previous |
| U17115PB1998PLC020944 | Previous |
Recognitions & Rankings of Bansal Spinning Mills
Contact details
Bansal Spinning Mills Private Limited's registered office is in Sahnewal, Punjab. Its website is bansalspinning.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG.T. Road Village Bilga Sahnewal, Punjab, India – 141120
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bansal Spinning Mills Private 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
Brands
Bansal Spinning Mills operates one associated brand: Bansal Spinning Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces wool yarns, fabrics, blankets, and knitwear through advanced manufacturing processes. | bansalspinning.com |
Business activity
The main business activity of Bansal Spinning Mills 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 Bansal Spinning Mills Private Limited, buy the company report.
Financials of Bansal Spinning Mills Private Limited
FY 2025 filings availableBansal Spinning Mills Private Limited reported revenue of ₹390.91 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 9% growth in the latest year. EBITDA rose 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.85 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Bansal Spinning Mills Private Limited, buy the company report.
Board of directors of Bansal Spinning Mills Private Limited
Bansal Spinning Mills has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Isha Bansal | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Satpal Bansal | Managing Director | 13 Jan 1998 | 28 Years 9 Months | Current |
| Chintan Bansal | Whole-Time Director | 25 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Bansal Spinning Mills Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Supreme Tex Mart Limited | ₹396.01 Cr (FY 2017) | 9.0% | Ludhiana, Punjab, India | |||
| Darshan Creation Private Limited | ₹394.35 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Mohota Industries Limited | ₹394.33 Cr (FY 2025) | 3745.0% | Hinganghat, Maharashtra, India | |||
| United Polyfab Private Limited | ₹392.25 Cr (FY 2025) | -48.0% | Ahmedabad, Gujarat, India | |||
| Bansal Spinning Mills Private Limitedthis company | ₹390.91 Cr (FY 2025) | ₹7.85 Cr | 2% | 9.0% | 204 | Sahnewal, Punjab, India |
| Rameswar Udyog Private Limited | ₹388.47 Cr (FY 2025) | -22.0% | Ahmedabad, Gujarat, India | |||
| Shristi Cotspinn Private Limited | ₹387.61 Cr (FY 2025) | 32.0% | Coimbatore, Tamil Nadu, India | |||
| Patodia Filaments Private Limited | ₹384.97 Cr (FY 2025) | -2.0% | Dadra and Nagar Haveli, India |
To see the full peer comparison of Bansal Spinning Mills Private Limited, buy the company report.
Auditor
Bansal Spinning Mills Private Limited is audited by Kumar Sunil & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumar Sunil & Associates | FY 2024 | 006263N |
Shareholding
The shareholding of Bansal Spinning Mills Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bansal Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2025 | 101138422 | Axis Bank Limited | ₹19.5 Cr | Open | |
| 28 Apr 2025 | 101112935 | Axis Bank Limited | ₹1.69 Cr | Open | |
| 17 Feb 2025 | 101056289 | Sidbi | ₹4.5 Cr | Open | |
| 27 Aug 2024 | 100975413 | Sbicap Trustee Company Limited | ₹171.66 Cr | Open | |
| 19 Jul 2024 | 100969535 | Hdfc Bank Limited | ₹5 Cr | Open |
To see the full charge records of Bansal Spinning Mills Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Bansal Spinning Mills Private Limited has 22 deals on record (14 secondary share transfers, 8 funding rounds), with disclosed funding of ₹39.33 Cr; the latest was in September 2023.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Global Softech Inc, Longma Orient Limited |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Argentatus Pte Limited, Multi Impex Limited, 2 individuals |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Global Softech Inc, Ludhiana Scrips Private Limited |
| Jun 2008 | Funding round | ₹5.93 Cr | Investors: Global Softech Inc, Ludhiana Scrips Private Limited , Sat Pal Bansal & Sons HUF, an individual |
To see the full deal history of Bansal Spinning Mills Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bansal Spinning Mills Private Limited has 31 court cases on record: 15 filed by Bansal Spinning Mills, 16 filed against it. 8 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 15 | 6 |
| High courts | 6 | 0 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by Union of India and 2 others | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against VHM Industries Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Union of India | Pending |
| District court, Ludhiana, Punjab | Court case (CRR) | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Court case (CRR) | Filed against the company by an individual | Pending |
To see the full case history of Bansal Spinning Mills 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.
Credit ratings & regulatory alerts
Bansal Spinning Mills Private Limited was last rated by Brickwork on 14 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 14 Jun 2022 |
To see the full credit ratings and regulatory alerts of Bansal Spinning Mills Private Limited, buy the company report.
MSME payment delays
Bansal Spinning Mills Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Monga Strayfield Private Limited | |||
| Silvertex Industries |
To see the full MSME payment records of Bansal Spinning Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bansal Spinning Mills Private Limited has a workforce of 204 employees on its EPFO records as of Jan 08, 2025, across 1 active EPFO establishment.
GST
Bansal Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACB9911E1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bansal Spinning Mills Private Limited, buy the company report.
Recent activity
Bansal Spinning Mills Private Limited has 14 board changes on record since 1998: 3 appointments and 11 cessations. The latest: Isha Bansal ceased to be Additional Director on 30 Sep 2022.
75 earlier events are in the company report.
Frequently asked questions
Bansal Spinning Mills is an active private limited company based in Sahnewal, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 January 1998 (28+ years old) and is registered under CIN U17115PB1998PTC020944.
Bansal Spinning Mills has 3 current directors:
- Satpal Bansal - Managing Director
- Chintan Bansal - Whole-Time Director
- Isha Bansal - Director
The latest financial statements of Bansal Spinning Mills 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 Bansal Spinning Mills is 03AAACB9911E1Z5, registered in Punjab.
The CIN (Corporate Identification Number) of Bansal Spinning Mills is U17115PB1998PTC020944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bansal Spinning Mills has 31 court cases on record: 15 filed by the company and 16 filed against it. 8 are pending. Most are in the district courts.
Bansal Spinning Mills was incorporated on 13 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Bansal Spinning Mills has 22 deals on record (14 secondary share transfers, 8 funding rounds), with disclosed funding of ₹39.33 Cr; the latest was in September 2023.
The peers of Bansal Spinning Mills by revenue are Supreme Tex Mart Limited, Darshan Creation Private Limited, Mohota Industries Limited, United Polyfab Private Limited, Rameswar Udyog Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Isha Bansal ceased to be Additional Director on 30 Sep 2022. Sanjay Bansal ceased to be Whole-Time Director on 05 Sep 2022. Isha Bansal was appointed as Director on 24 Aug 2022. Bansal Spinning Mills has 14 board changes on record in total.
Yes, Bansal Spinning Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0000469).
Bansal Spinning Mills has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 8 micro and small suppliers. The latest return was filed on 07 Jun 2019.

