About Satluj Spintex Limited
Data last updated: 25 July 2025
Satluj Spintex Limited is a public limited company based in Bathinda, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 17 March 2010, the company has been in operation for over 16 years.
Registered with ROC Chandigarh under CIN U17290PB2010PLC033706.
Capital: an authorised share capital of ₹120.25 Cr and a paid-up capital of ₹110 Cr. It is led by directors including Anup Kumar and Subash Chand Bansal.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Post Office Bazar Near Post Office, Bathinda, Punjab, India – 151001.
As per the financials filed for FY 2022, the company reported a revenue of ₹241.09 Cr, a decline of 3% compared to the previous year.
The company has a workforce of approximately 14 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹406.75 Cr and satisfied charges of ₹932.25 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is satlujgroup.com.
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Registered AddressPost Office Bazar Near Post Office, Bathinda, Punjab, India – 151001
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Satluj Spintex Limited
Satluj Spintex Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Satluj Spintex Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Satluj Spintex Limited
Satluj Spintex Limited is audited by L K & ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L K & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Satluj Spintex Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Satluj Spintex Limited
Satluj Spintex Limited is currently managed by 7 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Kumar | Director | 10 Dec 2015 | 10 Years 7 Months | As last reported |
| Subash Chand Bansal | Director | 10 Dec 2015 | 10 Years 7 Months | As last reported |
| Sham Lal | Managing Director | 17 Mar 2010 | 16 Years 3 Months | As last reported |
| Sumit Shukla | Irp/Rp/Liquidator | 03 Jan 2025 | 1 Years 6 Months | As last reported |
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Pardeep Kumar Lakhani
Also directs:
Kvg Insolvency Advisors Private Limited
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Irp/Rp/Liquidator | 20 Aug 2024 | 1 Years 10 Months | As last reported |
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Rohit Kumar
Also directs:
Stanley Textiles Private Limited
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Director | 17 Mar 2010 | 16 Years 3 Months | As last reported |
Financials of Satluj Spintex Limited FY 2022 filings available
Satluj Spintex Limited reported revenue of ₹241.09 Cr (down 3.00% YoY) for FY 2022.
Ten-year financial statements for Satluj Spintex Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Satluj Spintex Limited
Shareholding and ownership data for Satluj Spintex Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Satluj Spintex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2021 | Others | ₹46 Cr | Open |
| 22 Apr 2020 | Others | ₹18.5 Cr | Open |
| 29 Jun 2019 | Others | ₹55 Cr | Open |
| 11 Feb 2019 | Others | ₹7 Cr | Open |
| 02 Feb 2016 | Others | ₹185 Cr | Open |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Satluj Spintex Limited
Satluj Spintex Limited has a workforce of 14 employees as of Apr 06, 2024.
Employee and EPFO history for Satluj Spintex Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Satluj Spintex Limited
GST registrations and filing compliance for Satluj Spintex Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Satluj Spintex Limited
Credit ratings, litigation, and regulatory alerts for Satluj Spintex Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Satluj Spintex Limited
MSME payment history for Satluj Spintex Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Satluj Spintex Limited
Corporate group structure for Satluj Spintex Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Satluj Spintex Limited
MCA filings and documents for Satluj Spintex Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Satluj Spintex Limited
Frequently Asked Questions about Satluj Spintex Limited
Satluj Spintex Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Satluj Spintex Limited is a company under insolvency, formerly operating as a public limited company in the manufacturing sector based in Bathinda, Punjab, India. It was incorporated on 17 March 2010 and is registered under CIN U17290PB2010PLC033706. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Satluj Spintex Limited reported revenue of ₹241.09 Cr for FY 2022 (down 3.00% YoY).
The current directors of Satluj Spintex Limited are:
- Anup Kumar - Director
- Subash Chand Bansal - Director
- Sham Lal - Managing Director
- Sumit Shukla - Irp/Rp/Liquidator
- Pardeep Kumar Lakhani - Irp/Rp/Liquidator
- Rohit Kumar - Director
- Rohit Garg - Additional Director
The CIN (Corporate Identification Number) of Satluj Spintex Limited is U17290PB2010PLC033706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satluj Spintex Limited has open charges of ₹406.75 Cr and satisfied charges of ₹932.25 Cr as per latest MCA filings.