Parashnath Spin & Knitfab Limited
About Parashnath Spin & Knitfab Limited
Data last updated:
Parashnath Spin & Knitfab Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 05 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17309PB2010PLC033659. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Bharat Bhushan Jain and Brij Mohan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Parashnath Sankeshwar Jain Marg Vill. Hussianpura G.T. Road West, Ludhiana, Punjab, India – 141007.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parashnath Spin & Knitfab Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressParashnath Sankeshwar Jain Marg Vill. Hussianpura G.T. Road West, Ludhiana, Punjab, India – 141007
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Parashnath Spin & Knitfab 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
Financials of Parashnath Spin & Knitfab Limited
FY 2023 filings availableParashnath Spin & Knitfab Limited reported revenue of ₹1,540 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 92% over five years, including a 99% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Parashnath Spin & Knitfab Limited, buy the company report.
Board of directors of Parashnath Spin & Knitfab Limited
Parashnath Spin & Knitfab has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Bhushan Jain Also directs: B&H Texfab Private Limited, BMV Exim Private Limited | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
| Deepak Jain | Additional Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Brij Mohan Also directs: B&H Texfab Private Limited, BMV Exim Private Limited | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Parashnath Spin & Knitfab Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Branded Wear), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khemka Garments Private Limited | ₹2,180 (FY 2022) | Delhi, India | ||||
| Elan Apparels Private Limited | ₹2,118 (FY 2019) | -88.0% | Chennai, Tamil Nadu, India | |||
| Ehsaas Fashion and Interior Designers Private Limited | ₹1,980 (FY 2023) | -100.0% | Pune, Maharashtra, India | |||
| Kokila Texpro Private Limited | ₹1,779 (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Diva Creations Private Limited | ₹1,701 (FY 2024) | New Delhi, Delhi, India | ||||
| Parashnath Spin & Knitfab Limitedthis company | ₹1,540 (FY 2023) | -99.0% | Ludhiana, Punjab, India | |||
| Diamond Exports Private Limited | ₹1,440 (FY 2025) | 200.0% | Delhi, India | |||
| B M Patil Business Ventures Private Limited | ₹1,380 (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Tisa Clothing Private Limited | ₹1,343 (FY 2021) | -100.0% | Mumbai, Maharashtra, India | |||
| 9Realms Fashion and Retail Private Limited | ₹1,295 (FY 2023) | Mumbai, Maharashtra, India | ||||
| Buoyance International Private Limited | ₹1,280 (FY 2025) | -100.0% | New Delhi, Delhi, India |
To see the full peer comparison of Parashnath Spin & Knitfab Limited, buy the company report.
Auditor
Parashnath Spin & Knitfab Limited is audited by V V BHALLA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V V BHALLA & CO | FY 2019 | 002928N |
Shareholding
The shareholding of Parashnath Spin & Knitfab Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
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To see the full shareholding pattern of Parashnath Spin & Knitfab Limited, buy the company report.
Legal cases
Parashnath Spin & Knitfab Limited has 3 court cases on record: 1 filed by Parashnath Spin & Knitfab, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Court case (COMI) | Filed against the company by M/S Jindal Cotex Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Jindal Cotex Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Jindal Cottex Limited | Disposed |
To see the full case history of Parashnath Spin & Knitfab 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 Parashnath Spin & Knitfab Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parashnath Spin & Knitfab has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parashnath Spin & Knitfab Limited, buy the company report.
Recent activity
Parashnath Spin & Knitfab Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Anil Jain ceased to be Director on 01 Sep 2016.
Frequently asked questions
Parashnath Spin & Knitfab is an active public limited company based in Ludhiana, Punjab, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 05 March 2010 (16+ years old) and is registered under CIN U17309PB2010PLC033659.
Parashnath Spin & Knitfab has 3 current directors:
- Bharat Bhushan Jain - Director
- Deepak Jain - Additional Director
- Brij Mohan - Director
The latest financial statements of Parashnath Spin & Knitfab on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Parashnath Spin & Knitfab has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Parashnath Spin & Knitfab is U17309PB2010PLC033659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parashnath Spin & Knitfab has 3 court cases on record: 1 filed by the company and 2 filed against it.
Parashnath Spin & Knitfab was incorporated on 05 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Parashnath Spin & Knitfab by revenue are Khemka Garments Private Limited, Elan Apparels Private Limited, Ehsaas Fashion and Interior Designers Private Limited, Kokila Texpro Private Limited, Diva Creations Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Anil Jain ceased to be Director on 01 Sep 2016. Deepak Jain was appointed as Additional Director on 01 Sep 2016. Bharat Bhushan Jain was appointed as Director on 05 Mar 2010. Parashnath Spin & Knitfab has 4 board changes on record in total.
The registered office of Parashnath Spin & Knitfab is at Parashnath Sankeshwar Jain Marg Vill. Hussianpura G.T. Road West, Ludhiana, Punjab, India – 141007.
Parashnath Spin & Knitfab operates in the fashion and textile industry, in the designer and branded fashion segment.