MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0057011
Narayan Muni Spinners Private Limited
Narayan Muni Spinners Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.89 Cr
▼ 48% YoY
Net profit · FY 2024
₹9.98 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹1.82 Cr
EBITDA margin 13.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.25 Lakh
Issued & subscribed
Open charges
₹8.85 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
14
Provident fund records
About Narayan Muni Spinners Private Limited
Data last updated:
Narayan Muni Spinners Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2019PTC109390. Its GSTIN is 24AAGCN6361E1ZL (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.25 Lakh. It is led by directors including Priyank Jasubhai Vaghasia and Jashubhai Arjanbhai Patel.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 204 Zenobia Bhd. Auda Garden Plot No. 34 Nr. Sindhu Bhavan Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.89 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹9.98 Lakh (net margin 0.7%) and EBITDA of ₹1.82 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.85 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 3 cases are pending.
Narayan Muni Spinners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0057011).
Company details
CIN U17299GJ2019PTC109390
Registration Number 109390
Incorporation Date 02 August 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0057011
Key People
Priyank Jasubhai Vaghasia Director Jashubhai Arjanbhai Patel Director Pravinbhai Govindbhai Sorathiya Director Recognitions & Rankings of Narayan Muni Spinners
Contact details
Narayan Muni Spinners Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 204 Zenobia Bhd. Auda Garden Plot No. 34 Nr. Sindhu Bhavan Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Narayan Muni Spinners Private Limited, buy the company report.
Comprehensive company report
Narayan Muni Spinners 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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Secure checkout · GST invoice included
Business activity
The main business activity of Narayan Muni Spinners 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 Narayan Muni Spinners Private Limited, buy the company report.
Financials of Narayan Muni Spinners Private Limited
FY 2025 filings availableNarayan Muni Spinners Private Limited reported revenue of ₹13.89 Cr (down 48% YoY) for FY 2024.
Revenue · FY 2024
₹13.89 Cr ▼ 48%
Net profit · FY 2024
₹9.98 Lakh margin 0.7%
EBITDA · FY 2024
₹1.82 Cr margin 13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 19%
Revenue fell 48% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.98 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Narayan Muni Spinners Private Limited, buy the company report.
Board of directors of Narayan Muni Spinners Private Limited
Narayan Muni Spinners has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Jasubhai Vaghasia Also directs: Narayan Muni Spintex Private Limited | Director | 22 Aug 2019 | 7 Years 2 Months | Current |
| Jashubhai Arjanbhai Patel Also directs: Narayan Muni Spintex Private Limited, Scan Agro Limited | Director | 02 Aug 2019 | 7 Years 2 Months | Current |
| Pravinbhai Govindbhai Sorathiya Also directs: Dharmjivan Oil Cake Private Limited | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Bhavin Chaturbhai Sorathiya | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Narayan Muni Spinners Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Cross Loops Laminofab Private Limited | ₹13.94 Cr (FY 2025) | 45.0% | Tri Nagar, Delhi, India | |||
| Dsy Cotspin Private Limited | ₹13.93 Cr (FY 2024) | 4245.0% | Ambala, Haryana, India | |||
| G.S.Dass Apparels Private Limited | ₹13.92 Cr (FY 2025) | 33.0% | Delhi, India | |||
| Mamta Rayons Private Limited | ₹13.91 Cr (FY 2025) | 25.0% | Surat, Gujarat, India | |||
| Narayan Muni Spinners Private Limitedthis company | ₹13.89 Cr (FY 2024) | ₹9.98 Lakh | 0.7% | -48.0% | 14 | Ahmedabad, Gujarat, India |
| Artview Merchants Private Limited | ₹13.88 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Chhaparia Synthetics Private Limited | ₹13.87 Cr (FY 2024) | -14.0% | Mumbai, Maharashtra, India | |||
| Satyam Cotspin Private Limited | ₹13.87 Cr (FY 2025) | 0.0% | Uttar Pradesh, India | |||
| Glowknit Private Limited | ₹13.87 Cr (FY 2025) | 31.0% | Surat, Gujarat, India |
To see the full peer comparison of Narayan Muni Spinners Private Limited, buy the company report.
Auditor
Narayan Muni Spinners Private Limited is audited by SIROIYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIROIYA & CO. | FY 2023 | 177400 |
Shareholding
The shareholding of Narayan Muni Spinners Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Narayan Muni Spinners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2022 | 100629366 | Others | ₹8.85 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Narayan Muni Spinners Private Limited has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Total cases
6
Filed against the company
6
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C1-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C1-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CHANGE LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
To see the full case history of Narayan Muni Spinners Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Narayan Muni Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Narayan Muni Spinners Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
7.69%
GST
Narayan Muni Spinners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN6361E1ZL | Gujarat | Active | 03 Mar 2020 |
To see the full GST registrations and return filing status of Narayan Muni Spinners Private Limited, buy the company report.
Recent activity
Narayan Muni Spinners Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Anand Gupta ceased to be Director on 13 Feb 2020.
AGM
Narayan Muni Spinners Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records.
Filing
Narayan Muni Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 884.82 Lakh with Charge ID 100629366 was registered on 15 Nov 2022.
Ceased
Anand Gupta ceased to be Director.
Appointed
Bhavin Chaturbhai Sorathiya was appointed as Director.
Appointed
Pravinbhai Govindbhai Sorathiya was appointed as Director.
Appointed
Priyank Jasubhai Vaghasia was appointed as Director.
Appointed
Anand Gupta was appointed as Director.
Appointed
Jashubhai Arjanbhai Patel was appointed as Director.
Incorporation
02 Aug 2019
Narayan Muni Spinners Private Limited was registered on 02 Aug 2019 with Roc Ahmedabad & aged 7 years 2 months as per MCA records.
Frequently asked questions
Narayan Muni Spinners is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 August 2019 (7+ years old) and is registered under CIN U17299GJ2019PTC109390.
Narayan Muni Spinners has 4 current directors:
- Priyank Jasubhai Vaghasia - Director
- Jashubhai Arjanbhai Patel - Director
- Pravinbhai Govindbhai Sorathiya - Director
- Bhavin Chaturbhai Sorathiya - Director
The latest financial statements of Narayan Muni Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Narayan Muni Spinners is 24AAGCN6361E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Narayan Muni Spinners is U17299GJ2019PTC109390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narayan Muni Spinners has 6 court cases on record: 6 filed against it. 3 are pending.
Narayan Muni Spinners was incorporated on 02 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Narayan Muni Spinners by revenue are Cross Loops Laminofab Private Limited, Dsy Cotspin Private Limited, G.S.Dass Apparels Private Limited, Mamta Rayons Private Limited, Artview Merchants Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Anand Gupta ceased to be Director on 13 Feb 2020. Bhavin Chaturbhai Sorathiya was appointed as Director on 12 Feb 2020. Pravinbhai Govindbhai Sorathiya was appointed as Director on 12 Feb 2020. Narayan Muni Spinners has 6 board changes on record in total.
Yes, Narayan Muni Spinners is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0057011).
The registered office of Narayan Muni Spinners is at D – 204 Zenobia Bhd. Auda Garden Plot No. 34 Nr. Sindhu Bhavan Bodakdev, Ahmedabad, Gujarat, India – 380054.