Pankaj Spinners Pvt Ltd
About Pankaj Spinners Pvt Ltd
Data last updated:
Pankaj Spinners Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1989PTC051248. Its GSTIN is 02AAACP9689D2ZB (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.09 Cr. It is led by directors Joginder Khanna and Priti Khanna.
Its last annual general meeting (AGM) was held on 02 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13/2 Basant Building Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr (net margin -97.2%) and EBITDA of -₹2.19 Cr (EBITDA margin -97.2%).
As per MCA filings, the company has open charges of ₹5.43 Cr and satisfied charges of ₹19.68 Cr on record. Court records list 27 cases involving the company, including 13 filed by the company and 14 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Pankaj Spinners Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13/2 Basant Building Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Pankaj Spinners Pvt 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
Business activity
The main business activity of Pankaj 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 Pankaj Spinners Pvt Ltd, buy the company report.
Financials of Pankaj Spinners Pvt Ltd
FY 2024 filings availablePankaj Spinners Pvt Ltd reported revenue of ₹2.25 Cr (up 340% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 340% in the latest year. EBITDA fell 72% 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 |
|---|---|---|---|---|---|
| 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 | -₹2.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.19 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -97.2% | ||||
| Net Profit Margin | -97.2% | ||||
| 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 Pankaj Spinners Pvt Ltd, buy the company report.
Board of directors of Pankaj Spinners Pvt Ltd
Pankaj Spinners has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joginder Khanna | Director | 03 Apr 1989 | 37 Years 7 Months | Current |
| Priti Khanna | Director | 09 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Pankaj Spinners Pvt Ltd is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Pankaj Spinners Pvt Ltdthis company | ₹2.25 Cr (FY 2024) | -₹2.19 Cr | -97.2% | 340.0% | Mumbai, Maharashtra, India | |
| Surani Fashion Private Limited | ₹2.25 Cr (FY 2024) | -35.0% | Surat, Gujarat, India | |||
| Maxvalue Creations Private Limited | ₹2.24 Cr (FY 2024) | -44.0% | Panipat, Haryana, India | |||
| Esskay Fibres Private Limited | ₹2.24 Cr (FY 2025) | -3.0% | Delhi, India |
To see the full peer comparison of Pankaj Spinners Pvt Ltd, buy the company report.
Auditor
Pankaj Spinners Pvt Ltd is audited by PADAM BAHL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PADAM BAHL & CO | FY 2019 | 000956N |
Shareholding
The shareholding of Pankaj Spinners Pvt 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 Pankaj Spinners Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2012 | 10340296 | Punjab National Bank | ₹7.5 Lakh | Satisfied | |
| 18 Aug 2007 | 10069399 | Punjab National Bank | ₹5.35 Cr | Satisfied | |
| 17 Jul 2007 | 10059194 | Himachal Pradesh State Industrial Development Corporation Limited | ₹5 Cr | Satisfied | |
| 12 May 2006 | 10006924 | Bank of India Limited | ₹1 Cr | Satisfied | |
| 12 May 2006 | 10007864 | Bank of India Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Pankaj Spinners Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Pankaj Spinners Pvt Ltd has 27 court cases on record: 13 filed by Pankaj Spinners, 14 filed against it. 1 case is pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 11 | 1 |
| District courts | 11 | 3 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Writ petition | Filed against the company by Marine Medicare Pvt. Ltd,(Not Applicable) and 5 others | Disposed |
| High Court of Himachal Pradesh | Court case (CMP.M) | Filed against the company by an individual | Pending |
| High Court of Himachal Pradesh | Writ petition | Filed against the company | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Baddi Barotiwala Nalagarh Development Authority and Others(Not Applicable) | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against Baddi Barotiwala Nalagarh Development Authority and Others(Not Applicable) | Disposed |
To see the full case history of Pankaj Spinners Pvt 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 Pankaj Spinners Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pankaj Spinners has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACP9689D2ZB | Himachal Pradesh | Active | 16 Jul 2017 |
To see the full GST registrations and return filing status of Pankaj Spinners Pvt Ltd, buy the company report.
Recent activity
Pankaj Spinners Pvt Ltd has 8 board changes on record since 1989: 2 appointments and 6 cessations. The latest: Priti Khanna ceased to be Additional Director on 30 Sep 2017.
16 earlier events are in the company report.
Frequently asked questions
Pankaj Spinners is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 April 1989 (37+ years old) and is registered under CIN U17100MH1989PTC051248.
Pankaj Spinners has 2 current directors:
- Joginder Khanna - Director
- Priti Khanna - Director
The latest financial statements of Pankaj Spinners on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pankaj Spinners is 02AAACP9689D2ZB, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pankaj Spinners is U17100MH1989PTC051248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pankaj Spinners has 27 court cases on record: 13 filed by the company and 14 filed against it. 1 is pending. Most are in the high courts.
Pankaj Spinners was incorporated on 03 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pankaj Spinners by revenue are Surani Fashion Private Limited, Maxvalue Creations Private Limited, Esskay Fibres Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Priti Khanna ceased to be Additional Director on 30 Sep 2017. Manav Khanna ceased to be Director on 11 Sep 2017. Priti Khanna was appointed as Director on 09 Sep 2017. Pankaj Spinners has 8 board changes on record in total.
The registered office of Pankaj Spinners is at 132 Basant Building Cuffe Parade, Mumbai, Maharashtra, India – 400005.
Pankaj Spinners operates in the manufacturing industry, in the textile and fabric production segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
