MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-07-0008886
Giriraj Spintex Private Limited
Giriraj Spintex Private Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.04 Cr
▲ 11% YoY
Net loss · FY 2025
₹53,270
Net margin 0%
EBITDA · FY 2025
₹1.81 Cr
EBITDA margin 3.8%
Authorised capital
₹1.8 Cr
Registered with MCA
Paid-up capital
₹1.79 Cr
Issued & subscribed
Open charges
₹20.14 Cr
Satisfied ₹14.7 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
29
Provident fund records
About Giriraj Spintex Private Limited
Data last updated:
Giriraj Spintex Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24304RJ2000PTC016350. Its GSTIN is 08AABCG3426G1ZV (Rajasthan).
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors including Prakash Ladha (Managing Director) and Subhash Ladha (Whole-Time Director).
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 G – 177 RIICO Industrial Area, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.04 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹53,270 (net margin 0%) and EBITDA of ₹1.81 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.14 Cr and satisfied charges of ₹14.7 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending. The company has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹2.94 Cr; the latest was in December 2022. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Magus Creations Private Limited with revenue of ₹48.17 Cr.
Giriraj Spintex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0008886). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24304RJ2000PTC016350
Registration Number 016350
Incorporation Date 24 April 2000
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-07-0008886
Key People
Prakash Ladha Managing Director Subhash Ladha Whole-Time Director Vishal Ladha Whole-Time Director Recognitions & Rankings of Giriraj Spintex
Contact details
Giriraj Spintex Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 177 RIICO Industrial Area, Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Giriraj Spintex Private Limited, buy the company report.
Comprehensive company report
Giriraj Spintex Private Limited - 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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Business activity
The main business activities of Giriraj Spintex are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Giriraj Spintex Private Limited, buy the company report.
Financials of Giriraj Spintex Private Limited
FY 2024 filings availableGiriraj Spintex Private Limited reported revenue of ₹48.04 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹48.04 Cr ▲ 11%
Net loss · FY 2025
₹53,270 margin 0%
EBITDA · FY 2025
₹1.81 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 14%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA fell 6% 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 | ₹1.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹53,270 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 3.8% | ||||
| Net Profit Margin | 0% | ||||
| 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 Giriraj Spintex Private Limited, buy the company report.
Board of directors of Giriraj Spintex Private Limited
Giriraj Spintex has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Ladha | Whole-Time Director | 24 Apr 2000 | 26 Years 6 Months | Current |
| Vishal Ladha | Whole-Time Director | 24 Apr 2000 | 26 Years 6 Months | Current |
| Prakash Ladha | Managing Director | 24 Apr 2000 | 26 Years 6 Months | Current |
Peer comparison
Giriraj Spintex Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Magus Creations Private Limited | ₹48.17 Cr (FY 2025) | 59.0% | Surat, Gujarat, India | |||
| Savitri Polyesters Private Limited | ₹48.06 Cr (FY 2025) | 14.0% | Surat, Gujarat, India | |||
| Giriraj Spintex Private Limitedthis company | ₹48.04 Cr (FY 2025) | -₹53,270 | 0% | 11.0% | 29 | Bhilwara, Rajasthan, India |
| S.D. Spinning Private Limited | ₹47.95 Cr (FY 2024) | 18.0% | Panipat, Haryana, India | |||
| Patel Ginning and Pressing Private Limited | ₹47.91 Cr (FY 2025) | -38.0% | Bhavnagar, Gujarat, India | |||
| Chase Lifestyle Private Limited | ₹47.84 Cr (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Swastik Readymade Clothing Private Limited | ₹47.78 Cr (FY 2025) | 127.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Giriraj Spintex Private Limited, buy the company report.
Auditor
Giriraj Spintex Private Limited is audited by B. Maheshwari & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. Maheshwari & Company | FY 2023 | 105839W |
Shareholding
The shareholding of Giriraj Spintex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Giriraj Spintex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.14 Cr
Satisfied charges
₹14.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2025 | 101117945 | Others | ₹75 Lakh | Open | |
| 26 Jul 2024 | 100952025 | Sidbi | ₹34 Lakh | Open | |
| 16 Nov 2023 | 100830282 | Others | ₹1.14 Cr | Open | |
| 16 Nov 2023 | 100830284 | Others | ₹8 Cr | Open | |
| 07 Feb 2023 | 100673490 | Sidbi | ₹26.5 Lakh | Open |
To see the full charge records of Giriraj Spintex Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Giriraj Spintex Private Limited has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹2.94 Cr; the latest was in December 2022.
Total deals
6
Funding rounds
5
Rights issue
1
Disclosed funding
₹2.94 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹38.2 Lakh | Investors: 4 individuals |
| Feb 2018 | Rights issue | ₹19.9 Lakh | Investors: 4 individuals |
| Nov 2012 | Funding round | ₹24 Lakh | Investors: 4 individuals |
| Jun 2010 | Funding round | ₹1.45 Cr | Investors: Rashmi Tie-Up Pvt.Ltd. , 3 individuals |
| Nov 2007 | Funding round | ₹60 Lakh | Investors: Jamnalal Prakash Chandra Laddha HUF, 3 individuals |
To see the full deal history of Giriraj Spintex 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
Giriraj Spintex Private Limited has 7 court cases on record: 5 filed by Giriraj Spintex, 2 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhilwara, Rajasthan | Civil miscellaneous application | Filed against the company | Pending |
| District court, Bhilwara, Rajasthan | Civil suit | Filed against the company | Pending |
| High Court | Writ petition | Filed by the company against Union of India and Ors | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Union of India and Ors | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Giriraj Spintex 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
Giriraj Spintex Private Limited was last rated by Care on 11 Aug 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Aug 2026 |
To see the full credit ratings and regulatory alerts of Giriraj Spintex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Giriraj Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Giriraj Spintex Private Limited has a workforce of 29 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
3.57%
GST
Giriraj Spintex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCG3426G1ZV | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Giriraj Spintex Private Limited, buy the company report.
Recent activity
Giriraj Spintex Private Limited has 6 board changes on record since 2000: 3 appointments and 3 cessations. The latest: Prakash Ladha ceased to be Director on 01 May 2017.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 101117945 was registered on 18 Jun 2025.
AGM
Giriraj Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 0.34 Cr with Charge ID 100952025 was registered on 26 Jul 2024.
Filing
Giriraj Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge registered on 28 Mar 2022 via Charge ID 100563242 with Others was fully satisfied on 13 Dec 2023.
Charges
A charge registered on 15 Jun 2020 via Charge ID 100348640 with Others was fully satisfied on 13 Dec 2023.
Charges
A charge registered on 07 May 2020 via Charge ID 100335554 with Others was fully satisfied on 13 Dec 2023.
Charges
A charge registered on 17 May 2016 via Charge ID 100031071 with Others was fully satisfied on 13 Dec 2023.
Charges
A charge registered on 16 Nov 2010 via Charge ID 10249137 with Others was fully satisfied on 13 Dec 2023.
Charges
A charge with Others amounted to Rs. 1.14 Cr with Charge ID 100830282 was registered on 16 Nov 2023.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100830284 was registered on 16 Nov 2023.
Charges
A charge with Sidbi amounted to Rs. 0.27 Cr with Charge ID 100673490 was registered on 07 Feb 2023.
38 earlier events are in the company report.
Frequently asked questions
Giriraj Spintex is an active private limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 April 2000 (26+ years old) and is registered under CIN U24304RJ2000PTC016350.
Giriraj Spintex has 3 current directors:
- Prakash Ladha - Managing Director
- Subhash Ladha - Whole-Time Director
- Vishal Ladha - Whole-Time Director
The latest financial statements of Giriraj Spintex 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 2015 are in the company report.
The GSTIN of Giriraj Spintex is 08AABCG3426G1ZV, registered in Rajasthan.
The CIN (Corporate Identification Number) of Giriraj Spintex is U24304RJ2000PTC016350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giriraj Spintex has 7 court cases on record: 5 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Giriraj Spintex was incorporated on 24 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Jaipur.
Giriraj Spintex has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹2.94 Cr; the latest was in December 2022.
The peers of Giriraj Spintex by revenue are Magus Creations Private Limited, Savitri Polyesters Private Limited, S.D. Spinning Private Limited, Patel Ginning and Pressing Private Limited, Chase Lifestyle Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Prakash Ladha ceased to be Director on 01 May 2017. Subhash Ladha ceased to be Director on 01 May 2017. Vishal Ladha ceased to be Director on 01 May 2017. Giriraj Spintex has 6 board changes on record in total.
Yes, Giriraj Spintex is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-07-0008886).
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