Chaaya Spining Private Limited
About Chaaya Spining Private Limited
Data last updated:
Chaaya Spining Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17290KA1991PTC011886. Its GSTIN is 29AAACC8563B1ZQ (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.38 Lakh. It is led by directors including Shantabai Shamsundar Rathi and Rajgopal Rathi Shamsundar.
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 Juni Peth Dist Ramdurg., Belgaum, Karnataka, India – 591123.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.38 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹11.06 Lakh (net margin 35.3%) and EBITDA of ₹29.65 Lakh (EBITDA margin 94.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹10.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Chaaya Spining has one previous CIN (Corporate Identification Number): U17000KA1991PTC011886. The current CIN is U17290KA1991PTC011886, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17290KA1991PTC011886 | Current |
| U17000KA1991PTC011886 | Previous |
Contact details
Chaaya Spining Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressJuni Peth Dist Ramdurg., Belgaum, Karnataka, India – 591123
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Chaaya Spining 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
Business activity
The main business activity of Chaaya Spining is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Chaaya Spining Private Limited, buy the company report.
Financials of Chaaya Spining Private Limited
FY 2025 filings availableChaaya Spining Private Limited reported revenue of ₹31.38 Lakh (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| 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 | ₹29.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.06 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.5% | ||||
| Net Profit Margin | 35.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Chaaya Spining Private Limited, buy the company report.
Board of directors of Chaaya Spining Private Limited
Chaaya Spining has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantabai Shamsundar Rathi | Director | 22 Apr 1991 | 35 Years 6 Months | Current |
| Rajgopal Rathi Shamsundar Also directs: Shri Laxmiraman Stone Crusher and M-Sand LLP | Director | 22 Apr 1991 | 35 Years 6 Months | Current |
| Chhaya Rajgopal Rathi | Director | 22 Apr 1991 | 35 Years 6 Months | Current |
| Sonali Dilipkumar Rathi | Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Kishorkumar Rajagopal Rathi Also directs: Shri Laxmiraman Stone Crusher and M-Sand LLP | Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Dilipkumar Shamsundar Rathi | Director | 25 Mar 2017 | 9 Years 6 Months | Current |
Auditor
Chaaya Spining Private Limited is audited by R N BHATTAD & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N BHATTAD & COMPANY | FY 2021 | 129278W |
Shareholding
The shareholding of Chaaya Spining Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Chaaya Spining Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2011 | 10262891 | Union Bank of India | ₹8.5 Cr | Open | |
| 08 Dec 2010 | 10256110 | Union Bank of India | ₹75 Lakh | Open | |
| 03 Mar 1998 | 80043337 | Union Bank of India | ₹90 Lakh | Open |
To see the full charge records of Chaaya Spining Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Chaaya Spining Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chaaya Spining Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chaaya Spining has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACC8563B1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chaaya Spining Private Limited, buy the company report.
Recent activity
Chaaya Spining Private Limited has 8 board changes on record since 1991: 7 appointments and 1 cessation. The latest: Shasundar Sevaram Rathi ceased to be Director on 12 Jan 2019.
3 earlier events are in the company report.
Frequently asked questions
Chaaya Spining is an active private limited company based in Belgaum, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 April 1991 (35+ years old) and is registered under CIN U17290KA1991PTC011886.
Chaaya Spining has 7 current directors:
- Shantabai Shamsundar Rathi - Director
- Rajgopal Rathi Shamsundar - Director
- Chhaya Rajgopal Rathi - Director
- Sonali Dilipkumar Rathi - Director
- Kishorkumar Rajagopal Rathi - Director
- Dilipkumar Shamsundar Rathi - Director
- Shrutika Kishorkumar Rathi - Director
The latest financial statements of Chaaya Spining 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 Chaaya Spining is 29AAACC8563B1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Chaaya Spining is U17290KA1991PTC011886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chaaya Spining was incorporated on 22 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Shasundar Sevaram Rathi ceased to be Director on 12 Jan 2019. Dilipkumar Shamsundar Rathi was appointed as Director on 25 Mar 2017. Kishorkumar Rajagopal Rathi was appointed as Director on 25 Mar 2017. Chaaya Spining has 8 board changes on record in total.
The registered office of Chaaya Spining is at Juni Peth Dist Ramdurg., Belgaum, Karnataka, India – 591123.
Chaaya Spining operates in the manufacturing industry, in the textile and fabric production segment.
Chaaya Spining has open charges of ₹10.15 Cr and no satisfied charges on record as per latest MCA filings.