About Jaymala Spintex Limited
Data last updated:
Jaymala Spintex Limited was a public limited company based in Idar, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 May 2006.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17121GJ2006PLC048315. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹14 Cr and a paid-up capital of ₹14 Cr. It was formerly known as Jaymala Spintex Private Limited and Saraswati Cotspin Private Limited.
Its last annual general meeting (AGM) was held on 16 April 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Near Surpur Bus Stand Idar – Valasana Highway At & Po Surpur, Gujarat, India – 383430.
As per the financials filed for FY 2021, the company reported a revenue of ₹33.5 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹75.41 Lakh (net margin 2.3%) and EBITDA of ₹3.33 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
As per MCA filings, the company has satisfied charges of ₹91.07 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.99 Cr; the latest was in March 2021. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 5 smaller; the largest is Sri Mahaveer Creations Private Limited with revenue of ₹33.59 Cr.
The last known website on record is jaymalaspintex.com.
Name History
Jaymala Spintex has undergone 2 name changes throughout its history. The company was previously known as Jaymala Spintex Private Limited, and Saraswati Cotspin Private Limited. The current legal name is Jaymala Spintex Limited.
| Company Name | Status |
|---|---|
| Jaymala Spintex Limited | Current |
| Jaymala Spintex Private Limited | Previous |
| Saraswati Cotspin Private Limited | Previous |
CIN History
Jaymala Spintex has one previous CIN (Corporate Identification Number): U17121GJ2006PTC048315. The current CIN is U17121GJ2006PLC048315, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17121GJ2006PLC048315 | Current |
| U17121GJ2006PTC048315 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNear Surpur Bus Stand Idar – Valasana Highway At & Po Surpur, Gujarat, India – 383430
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Jaymala Spintex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Jaymala Spintex Limited
FY 2021 filings availableJaymala Spintex Limited reported revenue of ₹33.5 Cr (up 86% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 86% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹33.5 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹3.33 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹75.41 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.9% | |
| Net Profit Margin | 2.3% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2016-17 to FY 2019-20, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jaymala Spintex are in the company report.
: available in the company report
Board of Directors of Jaymala Spintex Limited
Jaymala Spintex has 4 former directors on record and no current directors listed.
Peer Comparison
Jaymala Spintex Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Mahaveer Creations Private Limited | ₹33.59 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Tiruppur, Tamil Nadu, India |
| Rudraksh Synthetic Private Limited | ₹33.56 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Surat, Gujarat, India |
| Jothees Spinners (OPC) Private Limited | ₹33.52 Cr (FY 2025) | •••• | •••• | 345.0% | •••• | Chennai, Tamil Nadu, India |
| Jaymala Spintex Limited this company | ₹33.5 Cr (FY 2021) | •••• | •••• | 86.0% | •••• | Idar, Gujarat, India |
| Amit Polyfab Private Limited | ₹33.5 Cr (FY 2024) | •••• | •••• | 174.0% | •••• | Surat, Gujarat, India |
| NPR Technology Private Limited | ₹33.5 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Faridabad, Haryana, India |
| Sanjeevani Cottex Private Limited | ₹33.48 Cr (FY 2024) | •••• | •••• | 871.0% | •••• | Amravati, Maharashtra, India |
| Centaurtex Industries Private Limited | ₹33.47 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Thiruvananthapuram, Kerala, India |
| A Jayaa Textile Private Limited | ₹33.47 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Sathyamangalam, Tamil Nadu, India |
Peers are the companies nearest to Jaymala Spintex by revenue, above and below it, 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Jaymala Spintex Limited is audited by DEEPAK R SONI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK R SONI & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2013 | Bank of Baroda | ₹43.97 Cr | Satisfied |
| 29 Apr 2011 | Bank of Baroda | ₹23.55 Cr | Satisfied |
| 27 Apr 2011 | Bank of Baroda | ₹23.55 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding
Jaymala Spintex Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.99 Cr; the latest was in March 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bharat I Patel HUF, Niranjanbhai I Patel HUF |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: Bharat I Patel HUF, 3 individuals Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Niranjanbhai I Patel HUF, Bharat I Patel HUF, 2 individuals Seller: 4 individuals |
| Mar 2016 | Funding round | ₹4.25 Cr | Investors: 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Jaymala Spintex Limited has 7 court cases on record: 5 filed by Jaymala Spintex, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed against the company by Unispin Card Clothing India Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Kirti Baheti Auth. Person of M/S United Raw Materials Pvt. Ltd. | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Jaymala Spintex.
: available in the company report
Recent Activity
Jaymala Spintex Limited has 3 board changes on record since 2016: 0 appointments and 3 cessations. The latest: Bharat Ishwarlal Patel ceased to be Whole-Time Director on 06 May 2021.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Jaymala Spintex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Jaymala Spintex has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Jaymala Spintex was a public limited company based in Idar, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 25 May 2006 and is registered under CIN U17121GJ2006PLC048315. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Jaymala Spintex is U17121GJ2006PLC048315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaymala Spintex was incorporated on 25 May 2006. It is registered with the Registrar of Companies, Ahmedabad.
Jaymala Spintex can be reached through the website jaymalaspintex.com. Its registered office is in Idar, Gujarat, India.
The registered office of Jaymala Spintex is at Near Surpur Bus Stand Idar – Valasana Highway At & Po Surpur, Gujarat, India – 383430.
The latest financial statements of Jaymala Spintex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 16 April 2021. Year-wise statements from 2015 are in the company report.
No. Jaymala Spintex has 1 GST registration on record and it is cancelled or inactive.
Jaymala Spintex operated in the manufacturing industry, in the textile and fabric production segment.
Jaymala Spintex has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.99 Cr; the latest was in March 2021.
The peers of Jaymala Spintex by revenue are Sri Mahaveer Creations Private Limited, Rudraksh Synthetic Private Limited, Jothees Spinners (OPC) Private Limited, Amit Polyfab Private Limited, NPR Technology Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).