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 The company has 1 GST registration on record, which is no longer active.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.
Company details
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 |
Contact details
Jaymala Spintex Limited's registered office is in Idar, Gujarat. Its website is jaymalaspintex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNear Surpur Bus Stand Idar – Valasana Highway At & Po Surpur, Gujarat, India – 383430
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Jaymala Spintex 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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Jaymala Spintex Limited, buy the company report.
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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | |||||
To see the full financial statements and ratios of Jaymala Spintex Limited, buy 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 8 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 |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹33.5 Cr (FY 2021) | ₹75.41 Lakh | 2.3% | 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 |
To see the full peer comparison of Jaymala Spintex Limited, buy the company report.
Auditor
Jaymala Spintex Limited is audited by DEEPAK R SONI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK R SONI & CO | FY 2021 | 102245W |
Shareholding
The shareholding of Jaymala Spintex Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jaymala Spintex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2013 | 10424062 | Bank of Baroda | ₹43.97 Cr | Satisfied | |
| 29 Apr 2011 | 10290309 | Bank of Baroda | ₹23.55 Cr | Satisfied | |
| 27 Apr 2011 | 10290308 | Bank of Baroda | ₹23.55 Cr | Satisfied |
To see the full charge records of Jaymala Spintex Limited, buy the company report.
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 |
To see the full deal history of Jaymala Spintex 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
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 |
To see the full case history of Jaymala Spintex 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jaymala Spintex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Jaymala Spintex Limited, buy 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.
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).