Leaspin Textile LLP
About Leaspin Textile LLP
Data last updated:
Leaspin Textile LLP is a limited liability partnership (LLP) based in Maliya Miyana, Gujarat, India. It operates in the textile segment of the manufacturing sector. It was incorporated on 29 October 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAF-1043. Its GSTIN is 24AAGFL0210M1ZO (Gujarat).
The LLP has a total obligation of contribution of ₹37.16 Cr. It is led by designated partners including Dharam Chandulal Halvadiya and Jayantilal Mahadevbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Maliya Miyana, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹172.73 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹4.85 Cr (net margin 2.8%) and EBITDA of ₹12.9 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.
The LLP has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹65.34 Cr on record. Court records list 2 cases involving the LLP, including 1 filed by the LLP and 1 filed against it; 1 case is pending.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey No. 629P5, Jetpar Aniyari Road Jetpar Machhu Morbi, Maliya Miyana, Gujarat, India – 363630
- IndustryManufacturing, Textile
- 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
Financials of Leaspin Textile LLP FY 2025 filings available
Leaspin Textile LLP reported revenue of ₹172.73 Cr (down 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Leaspin Textile LLP
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 47% 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 of Leaspin Textile LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹4.85 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Leaspin Textile LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Leaspin Textile are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Leaspin Textile LLP
Leaspin Textile LLP is audited by SHERASIYA AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHERASIYA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Designated Partners of Leaspin Textile LLP
Leaspin Textile has 6 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharam Chandulal Halvadiya | Designated Partner | 25 Nov 2015 | 10 Years 10 Months | Current |
| Jayantilal Mahadevbhai Patel Also directs: Agritex Enterprise LLP, Leamax Textiles LLP | Designated Partner | 25 Nov 2015 | 10 Years 10 Months | Current |
| Rajubhai Chaturbhai Patel | Designated Partner | 29 Oct 2015 | 10 Years 11 Months | Current |
| Tusharbhai Chaturbhai Patel Also directs: Agritex Enterprise LLP, Makson Formulations Pvt Ltd, Leamak Health Care Private Limited and 3 more | Designated Partner | 29 Oct 2015 | 10 Years 11 Months | Current |
| Kiranbhai Khimjibhai Patel Also directs: Agritex Enterprise LLP | Designated Partner | 25 Nov 2015 | 10 Years 10 Months | Current |
| Sandeepkuamr Jayantilal Patel Also directs: Agritex Enterprise LLP, Leaomax Textile Private Limited, Leamax Textiles LLP and 5 more | Designated Partner | 25 Nov 2015 | 10 Years 10 Months | Current |
Ownership and Shareholding of Leaspin Textile LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Leaspin Textile LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2017 | State Bank of India | ₹65.34 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Leaspin Textile LLP
Leaspin Textile LLP has 2 court cases on record: 1 filed by Leaspin Textile, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Arbitration matter | Filed by the company against Iffco Tokio General Insurance Co. Ltd | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 at Leaspin Textile LLP
Leaspin Textile LLP has a workforce of 12 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Leaspin Textile LLP
Leaspin Textile LLP has 11 designated partner changes on record since 2015: 7 appointments and 4 cessations. The latest: Jayeshkumar Harilal Patel ceased to be Partner on 01 Apr 2020.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Leaspin Textile LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Leaspin Textile LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Leaspin Textile LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Leaspin Textile LLP
Leaspin Textile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGFL0210M1ZO | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Leaspin Textile LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Leaspin Textile LLP
Leaspin Textile is an active limited liability partnership based in Maliya Miyana, Gujarat, India. The LLP works in textile, within the manufacturing industry. It was incorporated on 29 October 2015 (11+ years old) and is registered under LLPIN AAF-1043.
Leaspin Textile reported revenue of ₹172.73 Cr for FY 2023 (down 38% YoY).
Leaspin Textile has 6 current designated partners:
- Dharam Chandulal Halvadiya - Designated Partner
- Jayantilal Mahadevbhai Patel - Designated Partner
- Rajubhai Chaturbhai Patel - Designated Partner
- Tusharbhai Chaturbhai Patel - Designated Partner
- Kiranbhai Khimjibhai Patel - Designated Partner
- Sandeepkuamr Jayantilal Patel - Designated Partner
Leaspin Textile reported a net profit of ₹4.85 Cr (net margin 2.8%) and EBITDA of ₹12.9 Cr (EBITDA margin 7.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Leaspin Textile is 3% over three years and 17% over five years. In the latest year (FY 2023) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Leaspin Textile is 24AAGFL0210M1ZO, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Leaspin Textile is AAF-1043. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Leaspin Textile has 2 court cases on record: 1 filed by the LLP and 1 filed against it. 1 is pending. Most are in the high courts.
Leaspin Textile was incorporated on 29 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayeshkumar Harilal Patel ceased to be Partner on 01 Apr 2020. Manherlal Mohanlal Patel ceased to be Partner on 01 Apr 2020. Milankumar Chandulal Halvadiya ceased to be Designated Partner on 01 Apr 2020. Leaspin Textile has 11 designated partner changes on record in total.