Sanghvi Spinners Private Limited
About Sanghvi Spinners Private Limited
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Sanghvi Spinners Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC072451. Its GSTIN is 24AASCS2530E1ZH (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mrugesh Kalpesh Jariwala and Nikitaben Kalpesh Jariwala.
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 27/A 812 City Centre Building Near Sosyo Circle Udhna Magdalla Road, Surat, Gujarat, India – 395017.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.03 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹443 (net margin -0.2%) and EBITDA of ₹1.28 Lakh (EBITDA margin 62.9%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sanghvi Spinners Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27/A 812 City Centre Building Near Sosyo Circle Udhna Magdalla Road, Surat, Gujarat, India – 395017
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sanghvi Spinners Private 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 Sanghvi Spinners Private Limited
FY 2025 filings availableSanghvi Spinners Private Limited reported revenue of ₹2.03 Lakh (down 74% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 74% fall in the latest year. EBITDA fell 57% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.03 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹443 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.9% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Sanghvi Spinners Private Limited, buy the company report.
Board of directors of Sanghvi Spinners Private Limited
Sanghvi Spinners has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrugesh Kalpesh Jariwala | Director | 26 Oct 2012 | 14 Years 0 Months | Current |
| Nikitaben Kalpesh Jariwala | Director | 26 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Sanghvi Spinners Private Limited is audited by Surendra Mehta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Surendra Mehta & Associates | FY 2023 | 035102 |
Shareholding
The shareholding of Sanghvi Spinners 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 Sanghvi Spinners Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sanghvi Spinners Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sanghvi Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sanghvi Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS2530E1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanghvi Spinners Private Limited, buy the company report.
Recent activity
Sanghvi Spinners Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Mrugesh Kalpesh Jariwala was appointed as Director on 26 Oct 2012.
Frequently asked questions
Sanghvi Spinners is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 October 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC072451.
Sanghvi Spinners has 2 current directors:
- Mrugesh Kalpesh Jariwala - Director
- Nikitaben Kalpesh Jariwala - Director
The latest financial statements of Sanghvi Spinners 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 2015 are in the company report.
The GSTIN of Sanghvi Spinners is 24AASCS2530E1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Sanghvi Spinners is U17120GJ2012PTC072451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanghvi Spinners was incorporated on 26 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mrugesh Kalpesh Jariwala was appointed as Director on 26 Oct 2012. Nikitaben Kalpesh Jariwala was appointed as Director on 26 Oct 2012.
The registered office of Sanghvi Spinners is at 27A 812 City Centre Building Near Sosyo Circle Udhna Magdalla Road, Surat, Gujarat, India – 395017.
Sanghvi Spinners operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Sanghvi Spinners is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.
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