MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0006335
Span Apparels Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53 Cr
▲ 13% YoY
Net profit · FY 2024
₹11.17 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹2.05 Cr
EBITDA margin 3.9%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3.36 Cr
Issued & subscribed
Open charges
₹8.07 Cr
Satisfied ₹1.5 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
44
Provident fund records
About Span Apparels Private Limited
Data last updated:
Span Apparels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 18 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1998PTC034687. Its GSTIN is 24AADCS3747E3ZH (Gujarat). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.36 Cr. It is led by directors including Pankaj Kantilal Khandhar (Managing Director) and Rashmiben Pankajbhai Khandhar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Span House Stadium Circle 7 Shreyas Colony, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹53 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹11.17 Lakh (net margin 0.2%) and EBITDA of ₹2.05 Cr (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 1% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Span Fashion. As per MCA filings, the company has open charges of ₹8.07 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Span Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006335). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spanfashions.com.
Company details
CIN U17119GJ1998PTC034687
Registration Number 034687
Incorporation Date 18 September 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0006335
Key People
Pankaj Kantilal Khandhar Managing Director Rashmiben Pankajbhai Khandhar Director Naman Pankaj Khandhar Director Recognitions & Rankings of Span Apparels
Contact details
Span Apparels Private Limited's registered office is in Ahmedabad, Gujarat. Its website is spanfashions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSpan House Stadium Circle 7 Shreyas Colony, Ahmedabad, Gujarat, India – 380009
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Span Apparels Private Limited, buy the company report.
Comprehensive company report
Span Apparels 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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Brands
Span Apparels operates one associated brand: Span Fashion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An Indian ethnic wear brand offering a diverse range of traditional outfits through an online platform. | spanfashions.com |
Business activity
The main business activity of Span Apparels 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 Span Apparels Private Limited, buy the company report.
Financials of Span Apparels Private Limited
FY 2024 filings availableSpan Apparels Private Limited reported revenue of ₹53 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹53 Cr ▲ 13%
Net profit · FY 2024
₹11.17 Lakh margin 0.2%
EBITDA · FY 2024
₹2.05 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 33%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 13%
5 years · compounded
▼ 2%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.17 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Span Apparels Private Limited, buy the company report.
Board of directors of Span Apparels Private Limited
Span Apparels has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmiben Pankajbhai Khandhar | Director | 20 Apr 2000 | 26 Years 6 Months | Current |
| Naman Pankaj Khandhar Also directs: LFH Organic Foods LLP | Director | 10 Oct 2009 | 17 Years 0 Months | Current |
| Tapan Pankajbhai Khandhar Also directs: LFH Organic Foods LLP | Director | 10 Oct 2009 | 17 Years 0 Months | Current |
| Krishna Naman Khandhar | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
| Pankaj Kantilal Khandhar Also directs: LFH Organic Foods LLP | Managing Director | 18 Sep 1998 | 28 Years 1 Months | Current |
Peer comparison
Span Apparels Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Ethnic Wear), 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 |
|---|---|---|---|---|---|---|
| Anushree Textiles Private Limited | ₹55.91 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Sangam Shree Collections Private Limited | ₹55.74 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Parvati Fabrics Limited | ₹53.26 Cr (FY 2025) | 26.0% | Surat, Gujarat, India | |||
| Span Apparels Private Limitedthis company | ₹53 Cr (FY 2024) | ₹11.17 Lakh | 0.2% | 13.0% | 44 | Ahmedabad, Gujarat, India |
| Vikas Fashions Private Limited | ₹47.48 Cr (FY 2025) | 3.0% | Surat, Gujarat, India |
To see the full peer comparison of Span Apparels Private Limited, buy the company report.
Auditor
Span Apparels Private Limited is audited by Khandhar & Khandhar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandhar & Khandhar | FY 2023 | 137865W |
Shareholding
The shareholding of Span Apparels 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 Span Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.07 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2021 | 100475884 | Others | ₹1.57 Cr | Open | |
| 24 Nov 2017 | 100151813 | Others | ₹6.5 Cr | Open | |
| 28 Feb 2012 | 10341134 | Textile Traders Cooperative Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Span Apparels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Span Apparels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Span Apparels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Span Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Span Apparels Private Limited has a workforce of 44 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-27.87%
GST
Span Apparels has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3747E3ZH | Gujarat | Active | 01 Apr 2025 |
| 27AADCS3747E1ZD | Maharashtra | Active | 01 Jul 2017 |
| 33AADCS3747E1ZK | Tamil Nadu | Active | 17 Oct 2017 |
| 32AADCS3747E1ZM | Kerala | Active | 15 Dec 2018 |
To see the full GST registrations and return filing status of Span Apparels Private Limited, buy the company report.
Recent activity
Span Apparels Private Limited has 9 board changes on record since 1998: 5 appointments and 4 cessations. The latest: Lipi Tapan Khandhar ceased to be Director on 11 Apr 2019.
AGM
Span Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Span Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.57 Cr with Charge ID 100475884 was registered on 02 Feb 2021.
Ceased
Lipi Tapan Khandhar ceased to be Director.
Charges
A charge with Others of Rs. 6.50 Cr registered on 24 Nov 2017 with Charge ID 100151813 was modified on 22 Jan 2019.
Charges
A charge registered on 28 Feb 2012 via Charge ID 10341134 with Textile Traders Cooperative Bank Limited was fully satisfied on 24 Jul 2018.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100151813 was registered on 24 Nov 2017.
Appointed
Krishna Naman Khandhar was appointed as Director.
Charges
A charge with Textile Traders Cooperative Bank Limited amounted to Rs. 1.50 Cr with Charge ID 10341134 was registered on 28 Feb 2012.
Ceased
Kantibhai Kalidasbhai Khandhar ceased to be Director.
Ceased
Mihir Kantilal Khandhar ceased to be Director.
Appointed
Naman Pankaj Khandhar was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Span Apparels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 18 September 1998 (28+ years old) and is registered under CIN U17119GJ1998PTC034687.
Span Apparels has 5 current directors:
- Pankaj Kantilal Khandhar - Managing Director
- Rashmiben Pankajbhai Khandhar - Director
- Naman Pankaj Khandhar - Director
- Tapan Pankajbhai Khandhar - Director
- Krishna Naman Khandhar - Director
The latest financial statements of Span Apparels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Span Apparels is 24AADCS3747E3ZH, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCS3747E1ZD (Maharashtra), 33AADCS3747E1ZK (Tamil Nadu), 32AADCS3747E1ZM (Kerala).
The CIN (Corporate Identification Number) of Span Apparels is U17119GJ1998PTC034687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Span Apparels has 1 court case on record: 1 filed against it.
Span Apparels was incorporated on 18 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Span Apparels by revenue are Anushree Textiles Private Limited, Sangam Shree Collections Private Limited, Parvati Fabrics Limited, Vikas Fashions Private Limited, all in the Apparel industry (Ethnic Wear), with the same principal business activity (textile, leather and other apparel products).
Lipi Tapan Khandhar ceased to be Director on 11 Apr 2019. Krishna Naman Khandhar was appointed as Director on 01 Jul 2014. Kantibhai Kalidasbhai Khandhar ceased to be Director on 10 Oct 2009. Span Apparels has 9 board changes on record in total.
Yes, Span Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0006335).
Span Apparels can be reached through the website spanfashions.com. Its registered office is in Ahmedabad, Gujarat, India.