About GRV Spintex Private Limited
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GRV Spintex Private Limited is a private limited company based in Dhrol, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2013PTC073609. Its GSTIN is 24AAFCG1107J1Z0 (Gujarat).
The company has an authorised share capital of ₹32.65 Cr and a paid-up capital of ₹31.92 Cr. It is led by directors including Rajnikant Shivlal Ghodasara and Rajeshkumar Shivlal Patel.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No.176/P1 (Old Sr.No.173), Village Sanosara Taluka Dhrol, Gujarat, India – 361210.
As per the financials filed for FY 2026, the company reported a revenue of ₹331.09 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.46 Cr (net margin 1.3%) and EBITDA of ₹24.13 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GRV Spintex. As per MCA filings, the company has open charges of ₹188.68 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 7 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹17.26 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grvspintex.com.
Company details
Contact details
GRV Spintex Private Limited's registered office is in Dhrol, Gujarat. Its website is grvspintex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No.176/P1 (Old Sr.No.173), Village Sanosara Taluka Dhrol, Gujarat, India – 361210
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of GRV Spintex 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
Brands
GRV Spintex operates one associated brand: GRV Spintex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Yarn manufacturing and supply with a focus on quality in Gujarat. | grvspintex.com |
Financials of GRV Spintex Private Limited
FY 2025 filings availableGRV Spintex Private Limited reported revenue of ₹331.09 Cr (down 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 14% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹24.13 Cr | ||||
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| Net Profit (PAT) | ₹4.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of GRV Spintex Private Limited, buy the company report.
Board of directors of GRV Spintex Private Limited
GRV Spintex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnikant Shivlal Ghodasara Also directs: Fiotex Cotspin Private Limited | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Rajeshkumar Shivlal Patel Also directs: Fiotex Cotspin Private Limited | Director | 18 Feb 2013 | 13 Years 8 Months | Current |
| Hiteshkumar Kanjibhai Raiyani | Director | 18 Feb 2013 | 13 Years 8 Months | Current |
Auditor
GRV Spintex Private Limited is audited by H. B. KALARIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. B. KALARIA & ASSOCIATES | FY 2023 | 104571W |
Shareholding
The shareholding of GRV 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GRV Spintex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2023 | 100815865 | Hdfc Bank Limited | ₹23.65 Lakh | Open | |
| 12 Nov 2013 | 10459444 | State Bank of India | ₹94.22 Cr | Open | |
| 17 Oct 2013 | 10459445 | State Bank of India | ₹94.22 Cr | Open |
To see the full charge records of GRV Spintex Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
GRV Spintex Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹17.26 Cr; the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2014 | Rights issue | ₹14.61 Cr | Investors: 4 individuals |
| Dec 2013 | Funding round | ₹14.61 Cr | Investors: 4 individuals |
To see the full deal history of GRV 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
GRV Spintex Private Limited has 10 court cases on record: 1 filed by GRV Spintex, 9 filed against it. 7 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 7 | 7 | 5 |
| District courts | 2 | 1 | 1 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Mr Premraj Ramratan Laddha Resolution Professional for Bajrang Cotgin Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by individuals | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
To see the full case history of GRV 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
GRV Spintex Private Limited was last rated by Care on 02 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Dec 2021 |
To see the full credit ratings and regulatory alerts of GRV Spintex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GRV Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GRV Spintex Private Limited has a workforce of 23 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
GRV Spintex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCG1107J1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GRV Spintex Private Limited, buy the company report.
Recent activity
GRV Spintex Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Rajnikant Shivlal Ghodasara was appointed as Director on 05 Oct 2018.
Frequently asked questions
GRV Spintex is an active private limited company based in Dhrol, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 February 2013 (13+ years old) and is registered under CIN U17200GJ2013PTC073609.
GRV Spintex has 3 current directors:
- Rajnikant Shivlal Ghodasara - Director
- Rajeshkumar Shivlal Patel - Director
- Hiteshkumar Kanjibhai Raiyani - Director
The latest financial statements of GRV Spintex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GRV Spintex is 24AAFCG1107J1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of GRV Spintex is U17200GJ2013PTC073609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GRV Spintex has 10 court cases on record: 1 filed by the company and 9 filed against it. 7 are pending. Most are in the nclat.
GRV Spintex was incorporated on 18 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
GRV Spintex has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹17.26 Cr; the latest was in March 2023.
Rajnikant Shivlal Ghodasara was appointed as Director on 05 Oct 2018. Ramanbhai Jivrajbhai Varmora ceased to be Director on 05 Oct 2018. Hiteshkumar Kanjibhai Raiyani was appointed as Director on 18 Feb 2013. GRV Spintex has 4 board changes on record in total.
GRV Spintex can be reached through the website grvspintex.com. Its registered office is in Dhrol, Gujarat, India.