MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0116521
Bhaarat Spinning Mills LLP
Bhaarat Spinning Mills LLP - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹38.17 Cr
▲ 18% YoY
Net loss · FY 2023
₹1.6 Cr
Net margin -4.2%
EBITDA · FY 2023
-₹91.57 Lakh
EBITDA margin -2.4%
Contribution obligation
₹2 Lakh
As per LLP agreement
Open charges
₹51.6 Cr
Secured borrowings
LLP age
8 yrs
Est. 2018
Designated partners
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Bhaarat Spinning Mills LLP
Data last updated:
Bhaarat Spinning Mills LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 April 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAM-3718.
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners including Sandeep Gopiram Kanodia and Sarvesh Anilkumar Saboo.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹38.17 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -4.2%) and EBITDA of -₹91.57 Lakh (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.
As per MCA filings, the LLP has open charges of ₹51.6 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.
Bhaarat Spinning Mills LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0116521).
Company details
LLPIN AAM-3718
Incorporation Date 05 April 2018
Total Obligation of Contribution ₹2 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0116521
Key People
Sandeep Gopiram Kanodia Designated Partner Sarvesh Anilkumar Saboo Designated Partner Abhinav Jagdishprasad Garg Designated Partner Recognitions & Rankings of Bhaarat Spinning Mills
Contact details
Bhaarat Spinning Mills LLP's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressEf – Office – 812 Rajhans Montessa, Nr. Tgb Dumas Road, Surat, Gujarat, India – 395001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhaarat Spinning Mills LLP, buy the company report.
Comprehensive company report
Bhaarat Spinning Mills LLP - 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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Financials of Bhaarat Spinning Mills LLP
FY 2025 filings availableBhaarat Spinning Mills LLP reported revenue of ₹38.17 Cr (up 18% YoY) for FY 2023.
Revenue · FY 2023
₹38.17 Cr ▲ 18%
Net loss · FY 2023
₹1.6 Cr margin -4.2%
EBITDA · FY 2023
-₹91.57 Lakh margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 87%
Revenue has grown at a compounded annual rate (CAGR) of 87% over three years, including 18% growth 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹38.17 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | -₹1.6 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -4.2% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Bhaarat Spinning Mills LLP, buy the company report.
Designated partners of Bhaarat Spinning Mills LLP
Bhaarat Spinning Mills has 4 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Gopiram Kanodia | Designated Partner | 20 Feb 2021 | 5 Years 8 Months | Current |
| Sarvesh Anilkumar Saboo | Designated Partner | 25 Oct 2021 | 5 Years 0 Months | Current |
| Abhinav Jagdishprasad Garg Also directs: Tribeni Worldwide Private Limited | Designated Partner | 16 Feb 2021 | 5 Years 8 Months | Current |
| Ramratan Bhutra | Designated Partner | 25 Oct 2021 | 5 Years 0 Months | Current |
Charges & borrowings
Open charges
₹51.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101086453 | Axis Bank Limited | ₹2 Cr | Open | |
| 27 Mar 2024 | 100899035 | Icici Bank Limited | ₹13.5 Cr | Open | |
| 21 Jun 2023 | 100789035 | State Bank of India | ₹3.6 Cr | Open | |
| 12 Feb 2022 | 100600760 | Icici Bank Limited | ₹32.5 Cr | Open |
To see the full charge records of Bhaarat Spinning Mills LLP, buy the company report.
Total charge records: 4 View all charges
Legal cases
Bhaarat Spinning Mills LLP has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Bhaarat Spinning Mills LLP, 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 Bhaarat Spinning Mills LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bhaarat Spinning Mills LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhaarat Spinning Mills LLP has 6 designated partner changes on record since 2021: 4 appointments and 2 cessations. The latest: Jagdishprasad Ramkishan Garg ceased to be Designated Partner on 25 Oct 2021.
AGM
Bhaarat Spinning Mills Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Bhaarat Spinning Mills Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 101086453 was registered on 29 Mar 2025.
Charges
A charge with Icici Bank Limited of Rs. 3,250.00 Lakh registered on 12 Feb 2022 with Charge ID 100600760 was modified on 22 Jan 2025.
Charges
A charge with Icici Bank Limited amounted to Rs. 1,350.00 Lakh with Charge ID 100899035 was registered on 27 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 360.00 Lakh with Charge ID 100789035 was registered on 21 Jun 2023.
Charges
A charge with Icici Bank Limited amounted to Rs. 3,250.00 Lakh with Charge ID 100600760 was registered on 12 Feb 2022.
Ceased
Jagdishprasad Ramkishan Garg ceased to be Designated Partner.
Appointed
Ramratan Bhutra was appointed as Designated Partner.
Appointed
Sarvesh Anilkumar Saboo was appointed as Designated Partner.
Appointed
Sandeep Gopiram Kanodia was appointed as Designated Partner.
Appointed
Abhinav Jagdishprasad Garg was appointed as Designated Partner.
2 earlier events are in the company report.
Frequently asked questions
Bhaarat Spinning Mills is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 April 2018 (8+ years old) and is registered under LLPIN AAM-3718.
Bhaarat Spinning Mills has 4 current designated partners:
- Sandeep Gopiram Kanodia - Designated Partner
- Sarvesh Anilkumar Saboo - Designated Partner
- Abhinav Jagdishprasad Garg - Designated Partner
- Ramratan Bhutra - Designated Partner
The latest financial statements of Bhaarat Spinning Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Bhaarat Spinning Mills is AAM-3718. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bhaarat Spinning Mills has 1 court case on record: 1 filed against it.
Bhaarat Spinning Mills was incorporated on 05 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jagdishprasad Ramkishan Garg ceased to be Designated Partner on 25 Oct 2021. Ramratan Bhutra was appointed as Designated Partner on 25 Oct 2021. Sarvesh Anilkumar Saboo was appointed as Designated Partner on 25 Oct 2021. Bhaarat Spinning Mills has 6 designated partner changes on record in total.
Yes, Bhaarat Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0116521).
The registered office of Bhaarat Spinning Mills is at Ef – Office – 812 Rajhans Montessa, Nr. Tgb Dumas Road, Surat, Gujarat, India – 395001.
Bhaarat Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.