About Skywin Spinning Private Limited
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Skywin Spinning Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2013PTC076952. Its GSTIN is 24AATCS7015D1ZC (Gujarat).
The company has an authorised share capital of ₹3.95 Cr and a paid-up capital of ₹3.95 Cr. It is led by directors including Suresh Devjibhai Sorathiya and Laljibhai Dayabhai Barsia.
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 Endoc Pharma Imperial Heights Tower D Office No D – 601 150 Feet Rd, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2023, the company reported a revenue of ₹185.13 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹50.19 Lakh (net margin 0.3%) and EBITDA of ₹2.4 Cr (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Skywin Spinning. As per MCA filings, the company has open charges of ₹204.23 Cr and satisfied charges of ₹107.84 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skywinspinning.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressEndoc Pharma Imperial Heights Tower D Office No D – 601 150 Feet Rd, Rajkot, Gujarat, India – 360005
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Financials of Skywin Spinning Private Limited FY 2025 filings available
Skywin Spinning Private Limited reported revenue of ₹185.13 Cr (down 22% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Skywin Spinning Private Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 85% 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 of Skywin Spinning Private Limited
| 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 | ₹185.13 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.19 Lakh | •••• | •••• | •••• | •••• |
| 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 of Skywin Spinning Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Skywin Spinning are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Skywin Spinning Private Limited
Skywin Spinning Private Limited is audited by Ramesh M Patel & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramesh M Patel & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Skywin Spinning Private Limited
Skywin Spinning has 9 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Devjibhai Sorathiya Also directs: Earth Spintex Private Limited, SNJ Lifecare Private Limited, Nira Life Sciences Private Limited and 5 more | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Laljibhai Dayabhai Barsia Also directs: Earth Spintex Private Limited, Endoc Lifecare Private Limited | Director | 17 Dec 2013 | 12 Years 9 Months | Current |
| Kishorbhai Parbatbhai Radadiya | Director | 17 Dec 2013 | 12 Years 9 Months | Current |
| Gordhan Kurjibhai Sorathiya Also directs: Earth Spintex Private Limited | Director | 24 Sep 2013 | 13 Years 0 Months | Current |
| Bharatkumar Mohanlal Gajipara Also directs: Earth Spintex Private Limited, Karmyogi Mart Limited | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Kishorbhai Tulsibhai Sorathiya Also directs: Earth Spintex Private Limited, Nira Life Sciences Private Limited, Meera Technocast Private Limited and 1 more | Director | 24 Sep 2013 | 13 Years 0 Months | Current |
Ownership and Shareholding of Skywin Spinning Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Skywin Spinning Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2023 | Axis Bank Limited | ₹9.9 Cr | Open |
| 09 Jun 2022 | Hdfc Bank Limited | ₹59.75 Cr | Open |
| 20 Dec 2018 | Hdfc Bank Limited | ₹37.78 Cr | Open |
| 17 Dec 2018 | Hdfc Bank Limited | ₹27.77 Cr | Open |
| 13 Mar 2018 | Axis Bank Limited | ₹69.03 Cr | Open |
Total charge records: 7 View all charges
Legal Cases of Skywin Spinning Private Limited
Skywin Spinning Private Limited has 3 court cases on record: 1 filed by Skywin Spinning, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Skywin Spinning Private Limited
Skywin Spinning Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 44 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tex Tech Industries India Private Limited | •••• | •••• | •••• |
| Siddhi Paper Products | •••• | •••• | •••• |
| Apco Agencies | •••• | •••• | •••• |
| Royal Cotton Industries and Pressing | •••• | •••• | •••• |
| Orient Enterprise (Gujarat) Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Skywin Spinning Private Limited
Skywin Spinning operates one associated brand: Skywin Spinning. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of cotton yarns in India. | skywinspinning.com |
Employees and EPFO Compliance at Skywin Spinning Private Limited
Skywin Spinning Private Limited has a workforce of 50 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Skywin Spinning Private Limited
Skywin Spinning Private Limited has 9 board changes on record since 2013: 9 appointments. The latest: Ashvinbhai Tulshibhai Sorathia was appointed as Director on 01 Oct 2019.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Skywin Spinning Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Skywin Spinning Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Skywin Spinning Private Limited
Skywin Spinning has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS7015D1ZC | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Skywin Spinning Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Skywin Spinning Private Limited
Skywin Spinning is an active private limited company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 September 2013 (13+ years old) and is registered under CIN U17291GJ2013PTC076952.
Skywin Spinning reported revenue of ₹185.13 Cr for FY 2023 (down 22% YoY).
Skywin Spinning has 9 current directors:
- Suresh Devjibhai Sorathiya - Director
- Laljibhai Dayabhai Barsia - Director
- Kishorbhai Parbatbhai Radadiya - Director
- Gordhan Kurjibhai Sorathiya - Director
- Bharatkumar Mohanlal Gajipara - Director
- Kishorbhai Tulsibhai Sorathiya - Director
- Rajeshbhai Kalubhai Asodariya - Director
- Ishwarbhai Mohanbhai Brambholiya - Director
- Ashvinbhai Tulshibhai Sorathia - Director
Skywin Spinning reported a net profit of ₹50.19 Lakh (net margin 0.3%) and EBITDA of ₹2.4 Cr (EBITDA margin 1.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Skywin Spinning is 5% over three years and 15% over five years. In the latest year (FY 2023) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Skywin Spinning is 24AATCS7015D1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Skywin Spinning is U17291GJ2013PTC076952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skywin Spinning has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Skywin Spinning was incorporated on 24 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashvinbhai Tulshibhai Sorathia was appointed as Director on 01 Oct 2019. Bharatkumar Mohanlal Gajipara was appointed as Director on 01 Oct 2019. Suresh Devjibhai Sorathiya was appointed as Director on 01 Oct 2019. Skywin Spinning has 9 board changes on record in total.
Skywin Spinning has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 44 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 May 2019.