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:
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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 (Director), Madhubala Deepak Choudhari (Director), Siddharth Pradip Bhirdi (Director). Past directors included Rajesh Kumar Tripathi, Krishnan Sankaramani, Ashok Kumudrai Jani. It holds ₹77.98 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 2.06 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 77.98 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Arunkumar Manakchand Lalwani Director 19 Feb 2025 Current
Madhubala Deepak Choudhari Director 29 Mar 2024 Current
Siddharth Pradip Bhirdi Director 29 Mar 2024 Current
Dhruv Jain Director 30 Sep 2022 Current
Shrenik Deepak Choudhari Cfo 17 May 2025 Current
Deepak Chaganlal Choudhari Managing Director 09 Aug 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary 01 Apr 2010 Past
Pramod Abcsdd Director 01 Aug 2017 Past
Pramod Abcsdd Additional Director 29 Jan 2009 Past
Pramod Abcsdd Director 24 Feb 2020 Past
Pramod Abcsdd Additional Director 29 Jan 2009 Past
Pramod Abcsdd Additional Director 29 Sep 2025 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 145.33%
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Revenue from Operations
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 147.41%
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Total Assets
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 6.89%
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Profit or Loss
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 542.85%
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Net Worth
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 28.49%
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EBITDA
*******
 136.82%
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*******
*******
*******

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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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹779,764,000.00

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 : 24.40 Cr
  • Others : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
01 Dec 2025 Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited ₹8.40 Cr Open
28 Mar 2025 Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited ₹16.00 Cr Open
14 Dec 2024 Others ₹5.00 Cr Open
15 Jul 2019 Hdfc Bank Limited ₹48.58 Cr Open
22 Jan 2018 Others ₹2.70 M Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Girnar Spintex Industries
Recent Activity within the Organization
  • Charges

    The activity A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 8.40 Cr with Charge ID 101207498 was registered on 01 Dec 2025. was completed.

  • 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 8 months 21 days . was completed.

  • Director Appointment

    Progress on Shrenik Deepak Choudhari was appointed as a CFO was appointed as a CFO on 17 May 2025 & has been associated with this company since 9 months 4 days . was documented.

  • 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 Director was appointed as a Director on 19 Feb 2025 & has been associated with this company since 11 months 30 days . was documented.

  • Charges

    Progress on A charge registered on 05 Jul 2000 via Charge ID 80012185 with Bank Of Baroda was fully satisfied on 16 Dec 2024. was documented.

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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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