Markwell Spinning Private Limited

Markwell Spinning Private Limited - manufacturing in Gondal, Gujarat, India. FY 2026 financials & compliance.
CIN U17123GJ2013PTC075553 Incorporated 11 June 2013 ROC Ahmedabad HQ Gondal, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2022
₹210.55 Cr
▲ 63% YoY
Net profit · FY 2022
₹9.01 Cr
Net margin 4.3%
EBITDA · FY 2022
₹20.54 Cr
EBITDA margin 9.8%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹161.16 Cr
Satisfied ₹65.65 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
90
Provident fund records

About Markwell Spinning Private Limited

Data last updated:

Markwell Spinning Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 June 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17123GJ2013PTC075553. Its GSTIN is 24AAICM6531D1ZQ (Gujarat).

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Divyesh Gopaldas Saparia and Gopaldas Gokaldas Saparia.

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 Revenue Survey No. 35/3 Paiki 3 Village : Pipaliya, Gondal, Gujarat, India – 360311.

As per the financials filed for FY 2022, the company reported a revenue of ₹210.55 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹9.01 Cr (net margin 4.3%) and EBITDA of ₹20.54 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.

The company has about 90 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Markwellspinning. As per MCA filings, the company has open charges of ₹161.16 Cr and satisfied charges of ₹65.65 Cr on record.

Markwell Spinning Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001479). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website markwellspinning.com.

Company details

CIN U17123GJ2013PTC075553
Registration Number 075553
Incorporation Date 11 June 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0001479
Key People
Divyesh Gopaldas Saparia Director Gopaldas Gokaldas Saparia Director Purshottam Gokaldas Saparia Director

Recognitions & Rankings of Markwell Spinning

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0001479

Contact details

Markwell Spinning Private Limited's registered office is in Gondal, Gujarat. Its website is markwellspinning.com. Its e-mail address is in the company report.

  • Email
  • Website
    markwellspinning.com
  • Registered Address
    Revenue Survey No. 35/3 Paiki 3 Village : Pipaliya, Gondal, Gujarat, India – 360311
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Markwell Spinning Private Limited, buy the company report.

Comprehensive company report
Markwell Spinning Private Limited - one report that includes everything
  • 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
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Brands

Markwell Spinning operates one associated brand: Markwellspinning. Each brand links to its own profile.

BrandDescriptionWebsite
Markwellspinning
Produces and sells high-quality cotton yarn from own farms for global textile industries.markwellspinning.com

Financials of Markwell Spinning Private Limited

FY 2025 filings available

Markwell Spinning Private Limited reported revenue of ₹210.55 Cr (up 63% YoY) for FY 2022.

Revenue · FY 2022
₹210.55 Cr ▲ 63%
Net profit · FY 2022
₹9.01 Cr margin 4.3%
EBITDA · FY 2022
₹20.54 Cr margin 9.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 22%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 20%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 63% growth in the latest year. EBITDA rose 68% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹210.55 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹20.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.01 Cr
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin9.8%
Net Profit Margin4.3%
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 Markwell Spinning Private Limited, buy the company report.

Board of directors of Markwell Spinning Private Limited

Markwell Spinning has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Divyesh Gopaldas Saparia
Also directs: Markwell Spintex LLP, Jaykishan Fibre Private Limited
Director11 Jun 201313 Years 5 MonthsCurrent
Gopaldas Gokaldas Saparia
Also directs: Jaykishan Fibre Private Limited
Director11 Jun 201313 Years 5 MonthsCurrent
Purshottam Gokaldas Saparia
Also directs: Jaykishan Fibre Private Limited
Director02 Jul 201313 Years 4 MonthsCurrent
Chirag Dineshkumar Ghetia
Also directs: Markwell Spintex LLP, Impression Offset Print Private Limited
Director11 Jun 201313 Years 5 MonthsCurrent
Mahesh Kumar Ramaniklal TilvaDirector11 Jun 201313 Years 5 MonthsCurrent
Mahesh Girdharbhai Maradiya
Also directs: Markwell Spintex LLP
Director11 Jun 201313 Years 5 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Markwell Spinning Private Limited is audited by H B KALARIA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
H B KALARIA & ASSOCIATESFY 2022104571W

Shareholding

The shareholding of Markwell Spinning Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Markwell Spinning Private Limited, buy the company report.

Charges & borrowings

Open charges
₹161.16 Cr
Satisfied charges
₹65.65 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹161.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Dec 2025101201656Hdfc Bank Limited₹83 CrOpen
10 Jan 2022100525090Hdfc Bank Limited₹78.16 CrOpen
24 Mar 201410485681Others₹65.65 CrSatisfied

To see the full charge records of Markwell Spinning Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Markwell Spinning Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Markwell Spinning Private Limited has a workforce of 90 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
90
Active EPFO establishments
1
Employee growth
-14.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2790
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Markwell Spinning Private Limited, buy the company report.

GST

Markwell Spinning has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICM6531D1ZQGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Markwell Spinning Private Limited, buy the company report.

Recent activity

Markwell Spinning Private Limited has 11 board changes on record since 2013: 9 appointments and 2 cessations. The latest: Govindbhai Gokaldas Saparia ceased to be Director on 10 Feb 2021.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 83.00 Cr with Charge ID 101201656 was registered on 09 Dec 2025.
AGM
Markwell Spinning Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Markwell Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 78.16 Cr registered on 10 Jan 2022 with Charge ID 100525090 was modified on 17 Feb 2025.
Charges
A charge registered on 24 Mar 2014 via Charge ID 10485681 with Others was fully satisfied on 17 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 78.16 Cr with Charge ID 100525090 was registered on 10 Jan 2022.
Ceased
Govindbhai Gokaldas Saparia ceased to be Director.
Charges
A charge with Others of Rs. 65.65 Cr registered on 24 Mar 2014 with Charge ID 10485681 was modified on 02 May 2018.
Ceased
Bharatkumar Babulal Gol ceased to be Director.
Charges
A charge with Others amounted to Rs. 65.65 Cr with Charge ID 10485681 was registered on 24 Mar 2014.
Appointed
Govindbhai Gokaldas Saparia was appointed as Director.
Appointed
Purshottam Gokaldas Saparia was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Markwell Spinning is an active private limited company based in Gondal, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 June 2013 (13+ years old) and is registered under CIN U17123GJ2013PTC075553.

Markwell Spinning has 7 current directors:

The latest financial statements of Markwell Spinning 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.

The GSTIN of Markwell Spinning is 24AAICM6531D1ZQ, registered in Gujarat.

The CIN (Corporate Identification Number) of Markwell Spinning is U17123GJ2013PTC075553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Markwell Spinning was incorporated on 11 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Govindbhai Gokaldas Saparia ceased to be Director on 10 Feb 2021. Bharatkumar Babulal Gol ceased to be Director on 02 Feb 2018. Govindbhai Gokaldas Saparia was appointed as Director on 02 Jul 2013. Markwell Spinning has 11 board changes on record in total.

Yes, Markwell Spinning is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0001479).

Markwell Spinning can be reached through the website markwellspinning.com. Its registered office is in Gondal, Gujarat, India.

The registered office of Markwell Spinning is at Revenue Survey No. 353 Paiki 3 Village : Pipaliya, Gondal, Gujarat, India – 360311.