Minar Spinners Private Limited
About Minar Spinners Private Limited
Data last updated:
Minar Spinners Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17111PB1996PTC017968. Its GSTIN is 03AACCM4346A1Z5 (Punjab).
The company has an authorised share capital of ₹37.46 Lakh and a paid-up capital of ₹25.96 Lakh. It is led by directors Kusum Thapar and Barkha Thapar.
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 249 Industrial Area 'A', Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.42 Lakh, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Lakh (net margin 5%) and EBITDA of ₹5.46 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address249 Industrial Area 'A', Ludhiana, Punjab, India – 141003
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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 Minar Spinners Private Limited FY 2025 filings available
Minar Spinners Private Limited reported revenue of ₹76.42 Lakh (up 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Minar Spinners Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 94% growth in the latest year. EBITDA fell 86% 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 Minar Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.83 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 of Minar Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• | •••• | •••• |
| 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 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 Minar Spinners are in the company report.
Financial statements from 2015
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.
Peer Comparison of Minar Spinners Private Limited
Minar Spinners Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grover Silk Mills Private Limited | ₹76.56 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Inactus Tex-Fab Private Limited | ₹76.49 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | New Delhi, Delhi, India |
| Maxim Iez Now Private Limited | ₹76.46 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Chennai, Tamil Nadu, India |
| Vijay and Ajay Marketing Pvt Ltd | ₹76.46 Lakh (FY 2025) | •••• | •••• | •••• | Himachal Pradesh, India | |
| Divya Collections Private Limited | ₹76.45 Lakh (FY 2024) | •••• | •••• | -12.0% | •••• | Kolkata, West Bengal, India |
| Minar Spinners Private Limited this company | ₹76.42 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Ludhiana, Punjab, India |
| Baggon India Fashion Private Limited | ₹76.38 Lakh (FY 2024) | •••• | •••• | -75.0% | •••• | Hyderabad, Telangana, India |
| Sri Saihema Exports Private Limited | ₹76.32 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| Vimal Agencies Pvt Ltd | ₹76.26 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Raipur, Chhattisgarh, India |
| Sarvuttam Software Private Limited | ₹76.24 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Kundli Garments Private Limited | ₹76.23 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Minar Spinners by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Minar Spinners Private Limited
Minar Spinners Private Limited is audited by DAVINDER REKHI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DAVINDER REKHI & CO | 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.
Board of Directors of Minar Spinners Private Limited
Minar Spinners has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Thapar | Director | 03 Jan 2012 | 14 Years 9 Months | Current |
| Barkha Thapar Also directs: Ganga Acrowools Limited | Director | 03 Jan 2012 | 14 Years 9 Months | Current |
Ownership and Shareholding of Minar Spinners Private Limited
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 Minar Spinners Private Limited
Minar Spinners Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Minar Spinners Private Limited
Employment history and EPFO contributions of people linked to Minar Spinners.
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 Minar Spinners Private Limited
Minar Spinners Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Matbar Singh Rawat ceased to be Director on 21 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for Minar Spinners Private Limited
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 Minar Spinners Private Limited
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 Minar Spinners Private Limited
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 Minar Spinners Private Limited
Minar Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCM4346A1Z5 | Punjab | Active | 07 Sep 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 Minar Spinners Private Limited
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 Minar Spinners Private Limited
Minar Spinners is an active private limited company based in Ludhiana, Punjab, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 April 1996 (30+ years old) and is registered under CIN U17111PB1996PTC017968.
Minar Spinners reported revenue of ₹76.42 Lakh for FY 2025 (up 94% YoY).
Minar Spinners has 2 current directors:
- Kusum Thapar - Director
- Barkha Thapar - Director
Minar Spinners reported a net profit of ₹3.83 Lakh (net margin 5%) and EBITDA of ₹5.46 Lakh (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Minar Spinners is -22% over three years and 38% over five years. In the latest year (FY 2025) revenue rose 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Minar Spinners is 03AACCM4346A1Z5, registered in Punjab.
The CIN (Corporate Identification Number) of Minar Spinners is U17111PB1996PTC017968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minar Spinners was incorporated on 03 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Minar Spinners by revenue are Grover Silk Mills Private Limited, Inactus Tex-Fab Private Limited, Maxim Iez Now Private Limited, Vijay and Ajay Marketing Pvt Ltd, Divya Collections Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Matbar Singh Rawat ceased to be Director on 21 Mar 2012. Naresh Kumar ceased to be Director on 21 Mar 2012. Barkha Thapar was appointed as Director on 03 Jan 2012. Minar Spinners has 4 board changes on record in total.
The registered office of Minar Spinners is at 249 Industrial Area A, Ludhiana, Punjab, India – 141003.