Manmade Spinners (India) Ltd.
About Manmade Spinners (India) Ltd.
Data last updated:
Manmade Spinners (India) Ltd. is a public limited company based in Ichalkaranji, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U99999PN1993PLC072381. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.25 Cr. It is led by directors including Radheshyam Sohanlal Bang and Giriraj Madangopal Mohatta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 23/302 Shahapur Road Ganganagar, Ichalkaranji, Maharashtra, India – 416116.
As per the financials filed for FY 2025, the company reported a revenue of ₹16,050, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹84,190 and EBITDA of -₹84,190. Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹7.78 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Manmade Spinners (India) has one previous CIN (Corporate Identification Number): U17111PN1993PTC072381. The current CIN is U99999PN1993PLC072381, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999PN1993PLC072381 | Current |
| U17111PN1993PTC072381 | Previous |
Contact details
Manmade Spinners (India) Ltd.'s registered office is in Ichalkaranji, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address23/302 Shahapur Road Ganganagar, Ichalkaranji, Maharashtra, India – 416116
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Manmade Spinners (India) Ltd., 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
Financials of Manmade Spinners (India) Ltd.
FY 2025 filings availableManmade Spinners (India) Ltd. reported revenue of ₹16,050 (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 48% growth in the latest year. EBITDA rose 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹84,190 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹84,190 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Manmade Spinners (India) Ltd., buy the company report.
Board of directors of Manmade Spinners (India) Ltd.
Manmade Spinners (India) has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radheshyam Sohanlal Bang | Director | 22 Oct 2020 | 6 Years 0 Months | Current |
| Giriraj Madangopal Mohatta Also directs: Ichalkaranji Maheswary Foundation | Director | 16 Sep 2024 | 2 Years 1 Months | Current |
| Abhishek Rajendrakumar Mohatta Also directs: Amit Weaving Mills Pvt Ltd | Director | 28 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Manmade Spinners (India) Ltd. is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kartik Threads Private Limited | ₹16,415 (FY 2025) | -87.0% | Surat, Gujarat, India | |||
| Shree Suraj Sponge Iron Private Limited | ₹16,327 (FY 2024) | -84.0% | Dudu, Rajasthan, India | |||
| Brandstream India Private Limited | ₹16,308 (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Vishal Textiles Private Limited | ₹16,218 (FY 2025) | -12.0% | Amritsar, Punjab, India | |||
| Neetla Lifestyle Private Limited | ₹16,178 (FY 2023) | Jaipur, Rajasthan, India | ||||
| Manmade Spinners (India) Ltd.this company | ₹16,050 (FY 2025) | -₹84,190 | 48.0% | Ichalkaranji, Maharashtra, India | ||
| KGN Textiles Private Limited | ₹16,050 (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Garg Polytex Private Limited | ₹16,000 (FY 2024) | 300.0% | Mumbai, Maharashtra, India | |||
| Fivzen Shoppers Private Limited | ₹16,000 (FY 2023) | 14.0% | Ghaziabad, Uttar Pradesh, India | |||
| Shri Khatushyam Filaments Private Limited | ₹16,000 (FY 2024) | -6.0% | Surat, Gujarat, India | |||
| Jagga Spinners Private Limited | ₹15,904 (FY 2025) | -100.0% | Guarunda, Haryana, India |
To see the full peer comparison of Manmade Spinners (India) Ltd., buy the company report.
Auditor
Manmade Spinners (India) Ltd. is audited by R V BHARADIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V BHARADIA & CO | FY 2019 | 101192W |
Shareholding
The shareholding of Manmade Spinners (India) Ltd. is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manmade Spinners (India) Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 1995 | 90356083 | Union Bank of India | ₹1.21 Cr | Open | |
| 30 Oct 1995 | 90355603 | Union Bank of India | ₹4.17 Cr | Open | |
| 11 Aug 1995 | 90356068 | The Maharashtra State Financial Corporation | ₹2.4 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Manmade Spinners (India) Ltd. has 5 court cases on record: 4 filed by Manmade Spinners (India), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Sicom Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India Thru the Secty. and Anr. | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Maharashtra State Financial Corporation | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Manmade Spinners (India) Ltd., 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 Manmade Spinners (India) Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manmade Spinners (India) 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 Manmade Spinners (India) Ltd., buy the company report.
Recent activity
Manmade Spinners (India) Ltd. has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Giriraj Madangopal Mohatta was appointed as Director on 16 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Manmade Spinners (India) is an active public limited company based in Ichalkaranji, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 June 1993 (33+ years old) and is registered under CIN U99999PN1993PLC072381.
Manmade Spinners (India) has 3 current directors:
- Radheshyam Sohanlal Bang - Director
- Giriraj Madangopal Mohatta - Director
- Abhishek Rajendrakumar Mohatta - Director
The latest financial statements of Manmade Spinners (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Manmade Spinners (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Manmade Spinners (India) is U99999PN1993PLC072381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manmade Spinners (India) has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Manmade Spinners (India) was incorporated on 15 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Manmade Spinners (India) by revenue are Kartik Threads Private Limited, Shree Suraj Sponge Iron Private Limited, Brandstream India Private Limited, Vishal Textiles Private Limited, Neetla Lifestyle Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Giriraj Madangopal Mohatta was appointed as Director on 16 Sep 2024. Radheshyam Sohanlal Bang ceased to be Additional Director on 31 Dec 2020. Radheshyam Sohanlal Bang was appointed as Director on 22 Oct 2020. Manmade Spinners (India) has 9 board changes on record in total.
The registered office of Manmade Spinners (India) is at 23302 Shahapur Road Ganganagar, Ichalkaranji, Maharashtra, India – 416116.
Manmade Spinners (India) operates in the manufacturing industry, in the textile and fabric production segment.
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