Bio Spun Private Limited
About Bio Spun Private Limited
Data last updated:
Bio Spun Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U20203MP2021PTC056324. Its GSTIN is 23AAJCB9159M1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹93.33 Lakh. It was formerly known as Bio Cotton Spinning Private Limited. It is led by directors including Rahul Doshi and Ashish Doshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9/A 9/B Manoramaganj 604 Vibrent Business Tower, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹222.09 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹8.82 Cr (net margin -4%) and EBITDA of -₹2.24 Cr (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 1,031 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹152 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Bio Spun has one previous CIN (Corporate Identification Number): U17299MP2021PTC056324. The current CIN is U20203MP2021PTC056324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20203MP2021PTC056324 | Current |
| U17299MP2021PTC056324 | Previous |
Contact details
Bio Spun Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address9/A 9/B Manoramaganj 604 Vibrent Business Tower, Indore, Madhya Pradesh, India – 452001
- 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
Business activity
The main business activity of Bio Spun 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 Bio Spun Private Limited, buy the company report.
Financials of Bio Spun Private Limited
FY 2024 filings availableBio Spun Private Limited reported revenue of ₹222.09 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 140% 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 |
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| EBITDA | -₹2.24 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.82 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1% | |||
| Net Profit Margin | -4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Bio Spun Private Limited, buy the company report.
Board of directors of Bio Spun Private Limited
Bio Spun has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Doshi Also directs: Delight Lifelike Products Private Limited, Bafna Ginning and Pressing Private Limited, Bio Spinning Private Limited and 4 more | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Ashish Doshi Also directs: Delight Lifelike Products Private Limited, Bio Spinning Private Limited, Delight Innovations Private Limited and 4 more | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Abhishek Kumar Doshi Also directs: Bafna Ginning and Pressing Private Limited, Bio Spinning Private Limited, Delight Devcon Private Limited and 3 more | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Bio Spun Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Sambandam Spinning Mills Limited | ₹224.36 Cr (FY 2024) | Salem, Tamil Nadu, India | ||||
| S D Polytech Private Limited | ₹222.54 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Pearl Apparels Private Limited | ₹222.43 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Bio Spun Private Limitedthis company | ₹222.09 Cr (FY 2025) | -₹8.82 Cr | -4% | -22.0% | Indore, Madhya Pradesh, India | |
| Kelvin Jute Limited | ₹221.9 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Shetrunjay Dyeing & Weaving Mills Limited | ₹221.74 Cr (FY 2025) | 18.0% | Bhiwandi, Maharashtra, India | |||
| V Thangavel and Sons Private Limited | ₹221.57 Cr (FY 2025) | 24.0% | Pallipalayam, Tamil Nadu, India | |||
| Gurulaxmi Textiles Private Limited | ₹221.51 Cr (FY 2025) | 38.0% | Yavatmal, Maharashtra, India | |||
| K K Silk Mills Limited | ₹221.43 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bio Spun Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101097941 | Hdfc Bank Limited | ₹67 Cr | Open | |
| 27 Jul 2023 | 100760771 | Axis Bank Limited | ₹85 Cr | Open |
To see the full charge records of Bio Spun Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bio Spun Private Limited has 1 court case on record: 1 filed by Bio Spun. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Bio Spun 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 Bio Spun Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bio Spun has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCB9159M1Z5 | Madhya Pradesh | Active | 13 Aug 2021 |
To see the full GST registrations and return filing status of Bio Spun Private Limited, buy the company report.
Recent activity
Bio Spun Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Abhishek Kumar Doshi was appointed as Director on 16 Jun 2021.
Frequently asked questions
Bio Spun is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 June 2021 (5+ years old) and is registered under CIN U20203MP2021PTC056324.
Bio Spun has 3 current directors:
- Rahul Doshi - Director
- Ashish Doshi - Director
- Abhishek Kumar Doshi - Director
The latest financial statements of Bio Spun on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Bio Spun is 23AAJCB9159M1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bio Spun is U20203MP2021PTC056324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bio Spun has 1 court case on record: 1 filed by the company.
Bio Spun was incorporated on 16 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bio Spun by revenue are Sambandam Spinning Mills Limited, S D Polytech Private Limited, Pearl Apparels Private Limited, Kelvin Jute Limited, Shetrunjay Dyeing & Weaving Mills Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhishek Kumar Doshi was appointed as Director on 16 Jun 2021. Ashish Doshi was appointed as Director on 16 Jun 2021. Rahul Doshi was appointed as Director on 16 Jun 2021.
The registered office of Bio Spun is at 9A 9B Manoramaganj 604 Vibrent Business Tower, Indore, Madhya Pradesh, India – 452001.
Bio Spun operates in the manufacturing industry, in the textile and fabric production segment.