MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0073589
Prince Spintex Private Limited
Prince Spintex Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹252.59 Cr
▲ 4% YoY
Net profit · FY 2025
₹4.32 Cr
Net margin 1.7%
EBITDA · FY 2025
₹17.46 Cr
EBITDA margin 6.9%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹25 Cr
Issued & subscribed
Open charges
₹115.66 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
45
Provident fund records
About Prince Spintex Private Limited
Data last updated:
Prince Spintex 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 10 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC092421. Its GSTIN is 24AAICP6343G1ZF (Gujarat).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors including Kamrudin Kurbanali Meghani and Anilkumar Amarshibhai Daslania.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹252.59 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.32 Cr (net margin 1.7%) and EBITDA of ₹17.46 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹115.66 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2022. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Permeshwar Creations Private Limited with revenue of ₹254.84 Cr.
Prince Spintex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0073589). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17299GJ2016PTC092421
Registration Number 092421
Incorporation Date 10 June 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0073589
Key People
Kamrudin Kurbanali Meghani Director Anilkumar Amarshibhai Daslania Director Haidarali Jafarbhai Makhani Director Recognitions & Rankings of Prince Spintex
Contact details
Prince Spintex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 719 Siddhi Vinayank Tower – A Survey No – 212/2 Tps – 84/B B/H Dcp Office Off S.G.Highwa, Y Makrba, Ahmedabad, Gujarat, India – 380051
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Prince Spintex Private Limited, buy the company report.
Comprehensive company report
Prince Spintex 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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Business activity
The main business activity of Prince Spintex 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 Prince Spintex Private Limited, buy the company report.
Financials of Prince Spintex Private Limited
FY 2025 filings availablePrince Spintex Private Limited reported revenue of ₹252.59 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹252.59 Cr ▲ 4%
Net profit · FY 2025
₹4.32 Cr margin 1.7%
EBITDA · FY 2025
₹17.46 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 4%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 8%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 4% growth in the latest year. EBITDA rose 10% 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 |
|---|---|---|---|---|---|
| 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 | ₹17.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.32 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Prince Spintex Private Limited, buy the company report.
Board of directors of Prince Spintex Private Limited
Prince Spintex has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Peer comparison
Prince Spintex Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Permeshwar Creations Private Limited | ₹254.84 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Encot Fabrics Private Limited | ₹254.65 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Gainup Technotek Limited | ₹254.32 Cr (FY 2025) | 86.0% | Athur, Tamil Nadu, India | |||
| Mira Exim Ltd | ₹254.06 Cr (FY 2025) | 122.0% | New Delhi, Delhi, India | |||
| Prince Spintex Private Limitedthis company | ₹252.59 Cr (FY 2025) | ₹4.32 Cr | 1.7% | 4.0% | 45 | Ahmedabad, Gujarat, India |
| Goodcore Spintex Limited | ₹252.39 Cr (FY 2025) | -20.0% | Ahmedabad, Gujarat, India | |||
| Shahlon Silk Industries Limited | ₹251.94 Cr (FY 2025) | -19.0% | Surat, Gujarat, India | |||
| Saivana Garments Private Limited | ₹251.75 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Prince Spintex Private Limited, buy the company report.
Auditor
Prince Spintex Private Limited is audited by LAKHANI ISMAI LI TUNDIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAKHANI ISMAI LI TUNDIYA & CO | FY 2023 | 119573W |
Shareholding
The shareholding of Prince Spintex Private 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 Prince Spintex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹115.66 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101094424 | Hdfc Bank Limited | ₹57.38 Lakh | Open | |
| 24 Jan 2024 | 100860088 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 21 Oct 2023 | 100826734 | Hdfc Bank Limited | ₹22.82 Cr | Open | |
| 01 Mar 2017 | 100092398 | State Bank of India | ₹77.27 Cr | Open |
To see the full charge records of Prince Spintex Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Prince Spintex Private Limited has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2022.
Total deals
5
Secondary share transfers
4
Rights issue
1
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Prince Ginning and Pressing Private Limited , 3 individuals Seller: 4 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Sep 2016 | Rights issue | ₹24.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prince Spintex Private Limited has 2 court cases on record: 1 filed by Prince Spintex, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0403-Indirect Taxes Matters : Interpretation of other notification under Customs Act) | Filed against the company by Union of India THR. the Secretary 4Th Floor, A Wing, Rajendra Prasad Road, Shastri Bhavan, New Delhi , , Delhi and 4 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 5 others | Disposed |
To see the full case history of Prince Spintex 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.
Credit ratings & regulatory alerts
Prince Spintex Private Limited was last rated by Crisil on 27 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Oct 2020 |
To see the full credit ratings and regulatory alerts of Prince Spintex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prince Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prince Spintex Private Limited has a workforce of 45 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
-8.16%
GST
Prince Spintex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP6343G1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prince Spintex Private Limited, buy the company report.
Recent activity
Prince Spintex Private Limited has 8 board changes on record since 2016: 6 appointments and 2 cessations. The latest: Amirali Vajirali Panjwani ceased to be Director on 03 Oct 2023.
AGM
Prince Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.57 Cr with Charge ID 101094424 was registered on 13 May 2025.
Filing
Prince Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100860088 was registered on 24 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.82 Cr with Charge ID 100826734 was registered on 21 Oct 2023.
Ceased
Amirali Vajirali Panjwani ceased to be Director.
Ceased
Honey Haiderali Makhani ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 77.27 Cr registered on 01 Mar 2017 with Charge ID 100092398 was modified on 29 Jul 2022.
Appointed
Honey Haiderali Makhani was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 77.27 Cr with Charge ID 100092398 was registered on 01 Mar 2017.
Appointed
Anilkumar Amarshibhai Daslania was appointed as Director.
Appointed
Gulajar Haidarali Makhani was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Prince Spintex 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 10 June 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC092421.
Prince Spintex has 6 current directors:
- Kamrudin Kurbanali Meghani - Director
- Anilkumar Amarshibhai Daslania - Director
- Haidarali Jafarbhai Makhani - Director
- Gulajar Haidarali Makhani - Director
- Honey Haiderali Makhani - Director
- Sirajali Sadrudin Gangani - Director
The latest financial statements of Prince Spintex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Prince Spintex is 24AAICP6343G1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Prince Spintex is U17299GJ2016PTC092421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prince Spintex has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Prince Spintex was incorporated on 10 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prince Spintex has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2022.
The peers of Prince Spintex by revenue are Permeshwar Creations Private Limited, Encot Fabrics Private Limited, Gainup Technotek Limited, Mira Exim Ltd, Goodcore Spintex Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Amirali Vajirali Panjwani ceased to be Director on 03 Oct 2023. Honey Haiderali Makhani ceased to be Additional Director on 30 Sep 2022. Honey Haiderali Makhani was appointed as Director on 01 Apr 2022. Prince Spintex has 8 board changes on record in total.
Yes, Prince Spintex is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0073589).
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