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Girnar Spintex Industries Limited - Company Profile

It is a manufacturing public limited company based in Kolhapur, Maharashtra, India, established in 1991.

1991 | Kolhapur, Maharashtra, India | Active
Last Updated:

About Girnar Spintex Industries Limited

Girnar Spintex Industries Limited, a active public limited company, was established on 18 November 1991 in Kolhapur, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17100PN1991PLC190209. Registered under ROC Roc Pune. it is listed on BSE: 521076. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹2.06 Cr.

Formerly known as United Industries Limited, Amit Spinning Industries Ltd. It upholds a compliant status. In 2022, it reported revenue of ₹117.21 Cr and a net worth of ₹51.66 Cr. Employing 59 professional, Its leadership includes Arunkumar Manakchand Lalwani (Additional Director), Madhubala Deepak Choudhari (Director), Siddharth Pradip Bhirdi (Director). Past directors included Rajesh Kumar Tripathi, Krishnan Sankaramani, Ashok Kumudrai Jani. It holds ₹69.58 Cr open charges and ₹155.63 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Gat No. 47 & 48, Sangwade, Hupari Kolhapur Road, Karvir, Kolhapur, Maharashtra, 416202.

Company Details

  • CIN/LLPIN

    L17100PN1991PLC190209

  • Registration Number

    190209

  • Incorporation Date

    18 November 1991

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹2.06 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Listed (BSE: 521076)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.58 Cr
  • Satisfied Charges ₹ 155.63 Cr
  • Revenue Growth 145.33%
  • Profit Growth 542.85%
  • Ebitda 136.82%
  • Net Worth 28.49%
  • Total Assets 6.89%
Company report

Girnar Spintex Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Girnar Spintex Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Girnar Spintex Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Arunkumar Manakchand LalwaniAdditional Director19 Feb 2025Current
Madhubala Deepak ChoudhariDirector29 Mar 2024Current
Siddharth Pradip BhirdiDirector29 Mar 2024Current
Dhruv JainDirector30 Sep 2022Current
Deepak Chaganlal ChoudhariManaging Director09 Aug 2021Current
Manoj SethiaDirector27 Feb 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary01 Apr 2010Past
Pramod AbcsddDirector01 Aug 2017Past
Pramod AbcsddAdditional Director29 Jan 2009Past
Pramod AbcsddDirector24 Feb 2020Past
Pramod AbcsddAdditional Director29 Jan 2009Past
Pramod AbcsddDirector15 Nov 2018Past

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Financial Performance of Girnar Spintex Industries.

Girnar Spintex Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 145.33% increase. The company also saw a substantial improvement in profitability, with a 542.85% increase in profit. The company's net worth Soared by an impressive increase of 28.49%.

Girnar Spintex Industries revenue growth over time
Girnar Spintex Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
145.33%
Revenue from Operations
147.41%
Total Assets
6.89%
Profit or Loss
542.85%
Net Worth
28.49%
EBITDA
136.82%

What is the Ownership and Shareholding Structure of Girnar Spintex Industries?

In 2021, Girnar Spintex Industries had a promoter holding of 70.56% and a public holding of 29.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹695,764,000.00

Satisfied Charges

₹1,556,258,006.52

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 48.58 Cr
  • Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited : 16.00 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2025Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹16.00 CrOpen
14 Dec 2024Others₹5.00 CrOpen
15 Jul 2019Hdfc Bank Limited₹48.58 CrOpen
22 Jan 2018Others₹2.70 MSatisfied
26 Mar 2015Axis Bank Limited₹4.50 CrSatisfied

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How Many Employees Work at Girnar Spintex Industries?

Girnar Spintex Industries has a workforce of 59 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Girnar Spintex Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Girnar Spintex Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Girnar Spintex Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Girnar Spintex Industries

Recent Activity within the Organization

  • Director Appointment

    The activity Shrenik Deepak Choudhari was appointed as a Cfo was appointed as a Cfo on 30 May 2025 & has been associated with this company since 7 months 3 days . was completed.

  • Charges

    A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 16.00 Cr with Charge ID 101087823 was registered on 28 Mar 2025. was recorded as a recent event.

  • Director Appointment

    Progress on Arunkumar Manakchand Lalwani was appointed as a Additional Director was appointed as a Additional Director on 19 Feb 2025 & has been associated with this company since 10 months 11 days . was documented.

  • Charges

    A charge registered on 05 Jul 2000 via Charge ID 80012185 with Bank Of Baroda was fully satisfied on 16 Dec 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101041232 was registered on 14 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    Girnar Spintex Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Girnar Spintex Industries Limited?

    The CIN of Girnar Spintex Industries Limited is L17100PN1991PLC190209.

  • Where is Girnar Spintex Industries Limited headquartered?

    Girnar Spintex Industries Limited is headquartered at Gat No. 47 & 48, Sangwade, Hupari Kolhapur Road, Karvir, Kolhapur, Maharashtra, 416202.

  • When was Girnar Spintex Industries Limited incorporated?

    Girnar Spintex Industries Limited was incorporated on 18 November 1991.

  • Who are the current directors of Girnar Spintex Industries Limited?

    The current directors of Girnar Spintex Industries Limited are

  • What is the primary industry of Girnar Spintex Industries Limited?

    The primary industry of Girnar Spintex Industries Limited is Manufacturing.

  • Is Girnar Spintex Industries Limited a listed company?

    Girnar Spintex Industries Limited is listed. It is listed on BSE: 521076.

  • What is the capital structure of Girnar Spintex Industries Limited?

    The authorized capital of Girnar Spintex Industries Limited is ₹25.00 Cr, and the paid-up capital is ₹2.06 Cr.

  • What is the compliance status of Girnar Spintex Industries Limited?

    The compliance status of Girnar Spintex Industries Limited is Compliant.

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