About Shanti Spintex Limited
Data last updated: 06 January 2026
Shanti Spintex Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in textile, a part of the broader manufacturing sector. Incorporated on 23 August 2010, the company has been in operation for over 16 years.
Registered with ROC Ahmedabad under CIN L17120GJ2010PLC062084. Listed.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.89 Cr. It is led by directors including Kruti Vyas and Bhavik Rameshbhai Talati.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Integrated Spinning Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹710.46 Cr, a growth of 40% compared to the previous year.
The company has a workforce of approximately 10 employees as per the latest available data.
The company is associated with 1 brand - Shanti Spintex. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹51.72 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shantispintex.com.
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Registered AddressSub Plot 1 Unit 1 Survey No. 297 Dholi – Integrated Spinning Park Limited Dholi, Dholka, Ahmedabad, Gujarat, India – 382240
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IndustryManufacturing, Textile
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shanti Spintex Limited
Shanti Spintex Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17120GJ2010PLC062084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120GJ2010PLC062084 | Current |
| U17120GJ2010PLC062084 | Previous |
| U17120GJ2010PTC062084 | Previous |
Associated Brands with Shanti Spintex Limited
Shanti Spintex Limited operates one associated brand: Shanti Spintex. These brands represent Shanti Spintex Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of eco-friendly denim textiles | shantispintex.com |
Competitors & Alternatives of Shanti Spintex Limited
Brands and companies operating in the same space as Shanti Spintex Limited include Karighar, Orbit Exports, UberUrban and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Karighar
|
Sells handcrafted lifestyle items, supports artisans, focuses on eco-friendly production. | New Delhi, India, India | 2018 |
Orbit Exports
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Orbit Exports is recognized as a leading fabric exporter from India. | Mumbai, India, India | 1983 |
UberUrban
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Internet first brand offering casual wear for men and women | Ahmedabad, India, India | 2011 |
eha
|
Online platform offering a wide range of eco-friendly kitchen and garden supplies | Bengaluru, India, India | 2015 |
Cortina India
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Runs a direct-to-consumer brand specializing in high-quality home linen products for kids. | Ahmedabad, India, India | 2012 |
Shadesofindia
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Provides handcrafted clothing, accessories, and home decor from Indian inspirations. | Noida, India, India | 1992 |
Jeyavishnu Clothing
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Provides dyeing, printing, and supplying of knitted fabrics with sustainable practices. | Tiruppur, India, India | 2008 |
Space Textiles
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Diversified operations in textiles manufacturing, jewelry retail, education, and energy production. | Coimbatore, India, India | 2006 |
Winner Nippon Leatherette
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Produces synthetic leather alternatives for footwear, automotive, medical, and sports sectors. | Zirakpur, India, India | 1995 |
Sri Ganapathy Silks Sankarankoil
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Offers comprehensive solutions for spinning, weaving, and finishing textiles. | Coimbatore, India, India | 2009 |
Business Activity of Shanti Spintex Limited
Shanti 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 | ********* |
Auditor Details of Shanti Spintex Limited
Shanti Spintex Limited is audited by Anil S. Shah & Co. (ICAI peer reviewed, certificate valid till 2027-02-28) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Anil S. Shah & Co. (ICAI peer reviewed, certificate valid till 2027-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Shanti Spintex Limited
Shanti Spintex Limited is currently managed by 8 directors, with 9 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 |
|---|---|---|---|---|
|
Kruti Vyas
Also directs:
Shanti Spintex Limited, Bansal Multiflex Limited
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Director | 31 Aug 2023 | 2 Years 10 Months | Current |
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Bhavik Rameshbhai Talati
Also directs:
Shanti Spintex Limited
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Director | 31 Jul 2023 | 2 Years 11 Months | Current |
| Monika Gaurav Gupta | Director | 22 Jun 2024 | 2 Years 0 Months | Current |
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Rikin Bharatbhushan Agarwal
Also directs:
Shanti Spintex Limited, Rikin Fabrics Private Limited, Jagson Textiles Limited and 4 more
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Managing Director | 20 Aug 2014 | 11 Years 10 Months | Current |
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Urmila Bharatbhushan Agarwal
Also directs:
Shanti Spintex Limited, Dulari Fabrics Private Limited
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Director | 03 Jan 2025 | 1 Years 6 Months | Current |
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Bharatbhushan Omprakash Agarwal
Also directs:
Sunrise Wealth Advisors Llp, Shanti Spintex Limited, Dulari Fabrics Private Limited and 5 more
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Cfo | 24 Aug 2023 | 2 Years 10 Months | Current |
Financials of Shanti Spintex Limited FY 2026 filings available
Shanti Spintex Limited reported revenue of ₹704.21 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹704.21 Cr |
| Other Income | ₹4.31 Cr |
| Total Income | ₹708.52 Cr |
| Cost of Materials Consumed | ₹663.49 Cr |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | ₹10 Cr |
| Employee Benefit Expense | ₹3.2 Cr |
| Finance Costs | ₹2.81 Cr |
| Other Expenses | ₹11.41 Cr |
| Total Expenses | ₹696.48 Cr |
| Profit Before Tax | ₹12.05 Cr |
| Total Tax Expense | ₹2.14 Cr |
| Net Profit | ₹9.91 Cr |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹230.7 Cr |
| Non-current Assets | ₹75.83 Cr |
| Current Assets | ₹154.87 Cr |
| Property, Plant & Equipment | ₹72.38 Cr |
| Inventories | ₹11.09 Cr |
| Cash & Equivalents | ₹0 |
| Equity (Net Worth) | ₹105.75 Cr |
| Current Liabilities | ₹105.16 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹27.33 Cr |
| Investing Cash Flow | ₹16.59 Lakh |
| Financing Cash Flow | ₹19.7 Cr |
| Capital Expenditure | ₹83.37 Lakh |
| Free Cash Flow (computed) | -₹28.16 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹7.46 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Textile | ₹704.55 Cr | ₹9.91 Cr | - | - |
| Renewable Energy | ₹3.97 Cr | ₹0 | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹682.82 Cr | ₹709.94 Cr | ₹505.83 Cr |
| Other Income | ₹4.26 Cr | ₹52.41 Lakh | ₹1.25 Cr |
| Total Income | ₹687.08 Cr | ₹710.46 Cr | - |
| Cost of Materials Consumed | ₹651.21 Cr | ₹674.79 Cr | ₹456.6 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹10 Cr | -₹4.1 Cr | ₹76.55 Lakh |
| Employee Benefit Expense | ₹2.63 Cr | ₹2.26 Cr | ₹2.19 Cr |
| Finance Costs | ₹2.2 Cr | ₹1.72 Cr | ₹3.23 Cr |
| Other Expenses | ₹10.09 Cr | ₹17.17 Cr | ₹21.64 Cr |
| Total Expenses | ₹681.21 Cr | ₹696.89 Cr | ₹489.19 Cr |
| Profit Before Tax | ₹5.87 Cr | ₹13.58 Cr | ₹17.9 Cr |
| Total Tax Expense | ₹1.38 Cr | ₹3.38 Cr | ₹4.88 Cr |
| Net Profit | ₹4.49 Cr | ₹10.2 Cr | ₹13.02 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹215.95 Cr | ₹177.06 Cr | ₹194 Cr |
| Non-current Assets | ₹64.14 Cr | ₹64.38 Cr | ₹68.92 Cr |
| Current Assets | ₹151.8 Cr | ₹112.68 Cr | ₹125.08 Cr |
| Property, Plant & Equipment | ₹58.13 Cr | ₹62.89 Cr | - |
| Inventories | ₹10.97 Cr | ₹21.7 Cr | ₹18.49 Cr |
| Cash & Equivalents | ₹0 | ₹0 | ₹5.03 Cr |
| Equity (Net Worth) | ₹100.29 Cr | ₹96.77 Cr | - |
| Current Liabilities | ₹104.11 Cr | ₹68.68 Cr | ₹83.27 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹28.15 Cr | ₹17.23 Cr | ₹6.97 Cr |
| Investing Cash Flow | -₹3.38 Cr | -₹31.45 Lakh | -₹4.86 Cr |
| Financing Cash Flow | ₹23.64 Cr | -₹14.03 Cr | -₹1.93 Cr |
| Capital Expenditure | ₹30.66 Lakh | ₹0 | - |
| Free Cash Flow (computed) | -₹28.45 Cr | ₹17.23 Cr | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹7.89 Cr | ₹2.88 Cr | ₹18.56 Lakh |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Textile | ₹683.11 Cr | ₹4.49 Cr | - | - |
| Renewable Energy | ₹3.97 Cr | ₹0 | - | - |
Charges & Borrowings of Shanti Spintex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2024 | Others | ₹45 Cr | Open |
| 08 Mar 2022 | State Bank of India | ₹10.3 Cr | Satisfied |
| 22 Dec 2020 | State Bank of India | ₹10.68 Cr | Satisfied |
| 29 Aug 2020 | State Bank of India | ₹10.68 Cr | Satisfied |
| 04 Mar 2016 | State Bank of India | ₹20.06 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Shanti Spintex Limited
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Employee Count & EPFO Data of Shanti Spintex Limited
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GST Compliance of Shanti Spintex Limited
GSTIN & GST Filing Data of Shanti Spintex Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shanti Spintex Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Shanti Spintex Limited
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MSME Payment Delays by Shanti Spintex Limited
MSME Payment Delays by Shanti Spintex Limited
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Subsidiaries & Group Companies of Shanti Spintex Limited
Subsidiaries & Group Companies of Shanti Spintex Limited
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MCA Filings & Documents of Shanti Spintex Limited
MCA Filings & Documents of Shanti Spintex Limited
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Recent Activity on Shanti Spintex Limited
Frequently Asked Questions about Shanti Spintex Limited
Shanti Spintex Limited is an active public limited company in the manufacturing sector based in Ahmedabad, Gujarat, India. It was incorporated on 23 August 2010 (16+ years old) and is registered under CIN L17120GJ2010PLC062084. The company has 10 employees.
Shanti Spintex Limited reported revenue of ₹710.46 Cr for FY 2025 (up 40.00% YoY).
The current directors of Shanti Spintex Limited are:
- Kruti Vyas
- Bharat Bhushan Omprakash Agarwal
- Bhavik Rameshbhai Talati
- Mohini Singhal
- Monika Gaurav Gupta
- Rikin Bharatbhushan Agarwal
- Urmila Bharatbhushan Agarwal
- Bharatbhushan Omprakash Agarwal
The primary industry of Shanti Spintex Limited is manufacturing. The company specifically operates in textile. The company is currently active in this sector.
Yes, Shanti Spintex Limited is a listed company.
Shanti Spintex Limited can be reached at the registered office: Sub Plot 1 Unit 1 Survey No. 297 Dholi – Integrated Spinning Park Limited Dholi, Dholka, Ahmedabad, Gujarat, India – 382240, or through the website shantispintex.com.