About Ganga Acrowools Limited
Data last updated:
Ganga Acrowools Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17117PB1994PLC014190. Its GSTIN is 03AAACG8869Q1ZW (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30.5 Cr and a paid-up capital of ₹28.09 Cr. It is led by directors including Ravinder Verma (Managing Director) and Barkha Thapar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. 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 ₹856.49 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹157.77 Cr (net margin 18.4%) and EBITDA of ₹247.03 Cr (EBITDA margin 28.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 17% over five years.
The company has about 3,883 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹230.41 Cr and satisfied charges of ₹372.11 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 4 cases are pending. The company has 15 deals on record (9 secondary share transfers, 6 funding rounds), with disclosed funding of ₹21.92 Cr; the latest was in December 2023. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Shree Siddhivinayak Cotspin Private Limited with revenue of ₹898.99 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 507 overdue payments to 94 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gangaacrowools.com.
Company details
CIN history
Ganga Acrowools has one previous CIN (Corporate Identification Number): L17117PB1994PLC014190. The current CIN is U17117PB1994PLC014190, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17117PB1994PLC014190 | Current |
| L17117PB1994PLC014190 | Previous |
Contact details
Ganga Acrowools Limited's registered office is in Ludhiana, Punjab. Its website is gangaacrowools.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address249 Industrial Area – A, Ludhiana, Punjab, India – 141003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ganga Acrowools 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 Ganga Acrowools 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 Ganga Acrowools Limited, buy the company report.
Financials of Ganga Acrowools Limited
FY 2024 filings availableGanga Acrowools Limited reported revenue of ₹856.49 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA rose 17% 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 | ₹247.03 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹157.77 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | ||||
| Net Profit Margin | 18.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ganga Acrowools Limited, buy the company report.
Board of directors of Ganga Acrowools Limited
Ganga Acrowools has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Barkha Thapar Also directs: Minar Spinners Private Limited | Whole-Time Director | 27 May 2017 | 9 Years 4 Months | Current |
| Jagdeep Kumar Goel Also directs: JTL Industries Limited, Disecto Technologies Private Limited | Director | 23 Dec 2023 | 2 Years 10 Months | Current |
| Ravinder Verma Also directs: Sohana Acrowools Private Limited, Minar Enterprises Private Limited, Mitul Industries Private Limited and 1 more | Managing Director | 26 Jul 1999 | 27 Years 2 Months | Current |
| Inderjit Singh Bhatia | Director | 11 Oct 2007 | 19 Years 0 Months | Current |
| Deepinder Singh Kalra | Whole-Time Director | 29 Oct 2021 | 4 Years 11 Months | Current |
Peer comparison
Ganga Acrowools Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Shree Siddhivinayak Cotspin Private Limited | ₹898.99 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India | |||
| Skaps Industries India Private Limited | ₹883.53 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Precot Limited | ₹872.51 Cr (FY 2025) | 3.0% | Coimbatore, Tamil Nadu, India | |||
| Winsome Textile Industries Limited | ₹868.16 Cr (FY 2025) | 5.0% | Himachal Pradesh, India | |||
| Raymond Luxury Cottons Limited | ₹858.56 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Ganga Acrowools Limitedthis company | ₹856.49 Cr (FY 2025) | ₹157.77 Cr | 18.4% | 10.0% | 3,883 | Ludhiana, Punjab, India |
| Sri Cheran Synthetics India Private Limited | ₹855.61 Cr (FY 2021) | -1.0% | Erode, Tamil Nadu, India | |||
| Raj Rayon Industries Limited | ₹854.13 Cr (FY 2025) | 14.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Ambika Cotton Mills Limited | ₹846.21 Cr (FY 2024) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Ganges Jute Private Limited | ₹840.38 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Milan Ginning Pressing Limited | ₹836.75 Cr (FY 2025) | -8.0% | Limbdi, Gujarat, India |
To see the full peer comparison of Ganga Acrowools Limited, buy the company report.
Auditor
Ganga Acrowools Limited is audited by SCV & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SCV & Co. LLP | FY 2023 | 000235N/N500089 |
Shareholding
The shareholding of Ganga Acrowools Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ganga Acrowools Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101148353 | Axis Bank Limited | ₹45 Cr | Open | |
| 15 Jun 2022 | 100588646 | Hdfc Bank Limited | ₹1.45 Cr | Open | |
| 26 May 2022 | 100581728 | Hdfc Bank Limited | ₹1.03 Cr | Open | |
| 17 Mar 2022 | 100552862 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 04 Mar 2022 | 100548136 | Axis Bank Limited | ₹9 Cr | Open |
To see the full charge records of Ganga Acrowools Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Ganga Acrowools Limited has 15 deals on record (9 secondary share transfers, 6 funding rounds), with disclosed funding of ₹21.92 Cr; the latest was in December 2023.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Minar Enterprises Private Limited , Mital Industries Private Limited, Rahil Enterprises Private Limited Seller: B S Brar Spinning Mills Private Limited, Star Impex Pvt Ltd , Heena Investment Services Private Limited, an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: NTM Constructions Private Limited, Nanda Polymers Private Limited , NTM Investment Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Minar Spinners Private Limited Seller: Minar Enterprises Private Limited |
| Mar 2015 | Funding round | ₹2.14 Cr | Investors: Mitul Industries Private Limited , Minar Spinners Private Limited , Rahil Enterprises Private Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Mitul Industries Private Limited , Ganga Spinning and Weaving Mills Private Limited , Rahil Enterprises Private Limited , an individual |
To see the full deal history of Ganga Acrowools 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
Ganga Acrowools Limited has 12 court cases on record: 5 filed by Ganga Acrowools, 7 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 3 |
| High courts | 4 | 3 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Samsung Data Systems India Pvt. Ltd. | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by Samsung Data Systems India Private Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Samsung Data Systems India Private Limited | Pending |
| District court, South East, Delhi | Court case (T.P. C) | Filed by the company against Samsung Data Systems India Private Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Oriental Insurance Company Limited | Disposed |
To see the full case history of Ganga Acrowools 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.
Credit ratings & regulatory alerts
Ganga Acrowools Limited was last rated by Crisil on 11 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Nov 2019 |
To see the full credit ratings and regulatory alerts of Ganga Acrowools Limited, buy the company report.
MSME payment delays
Ganga Acrowools Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 507 overdue payments to 94 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 94)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Maini Materials Movement Private Limited | |||
| an individual supplier | |||
| A R Shipping | |||
| Satwindera Engineers |
To see the full MSME payment records of Ganga Acrowools Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ganga Acrowools Limited has a workforce of 3,883 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ganga Acrowools has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACG8869Q1ZW | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ganga Acrowools Limited, buy the company report.
Recent activity
Ganga Acrowools Limited has 28 board changes on record since 1999: 10 appointments and 18 cessations. The latest: Davinderpal Singh Rekhi was appointed as Additional Director on 04 Dec 2024.
116 earlier events are in the company report.
Frequently asked questions
Ganga Acrowools is an active public limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 February 1994 (32+ years old) and is registered under CIN U17117PB1994PLC014190.
Ganga Acrowools has 5 current directors:
- Ravinder Verma - Managing Director
- Barkha Thapar - Whole-Time Director
- Deepinder Singh Kalra - Whole-Time Director
- Jagdeep Kumar Goel - Director
- Inderjit Singh Bhatia - Director
The latest financial statements of Ganga Acrowools on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ganga Acrowools is 03AAACG8869Q1ZW, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ganga Acrowools is U17117PB1994PLC014190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganga Acrowools has 12 court cases on record: 5 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
Ganga Acrowools was incorporated on 02 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ganga Acrowools has 15 deals on record (9 secondary share transfers, 6 funding rounds), with disclosed funding of ₹21.92 Cr; the latest was in December 2023.
The peers of Ganga Acrowools by revenue are Shree Siddhivinayak Cotspin Private Limited, Skaps Industries India Private Limited, Precot Limited, Winsome Textile Industries Limited, Raymond Luxury Cottons Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Davinderpal Singh Rekhi was appointed as Additional Director on 04 Dec 2024. Jagdeep Kumar Goel ceased to be Additional Director on 29 Sep 2024. Jagdeep Kumar Goel was appointed as Director on 23 Dec 2023. Ganga Acrowools has 28 board changes on record in total.
Ganga Acrowools has 14 MSME Form 1 returns on record between 2019 and 2024, listing 507 overdue payments to 94 micro and small suppliers. The latest return was filed on 02 May 2024.
Ganga Acrowools can be reached through the website gangaacrowools.com. Its registered office is in Ludhiana, Punjab, India.