About Spin2weave Apparels Private Limited
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Spin2weave Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18109KA2012PTC064732. Its GSTIN is 29AARCS7366M1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Khushboo Kothari and Piyush Kothari.
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 No.89/3 Thirumenahalli Jakkur Post, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.96 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 8.6%) and EBITDA of ₹2.75 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹1 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 spin2weaveapparels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.89/3 Thirumenahalli Jakkur Post, Bangalore, Karnataka, India – 560064
- 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
Business Activity of Spin2weave Apparels Private Limited
The main business activity of Spin2weave Apparels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spin2weave Apparels Private Limited FY 2025 filings available
Spin2weave Apparels Private Limited reported revenue of ₹21.96 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spin2weave Apparels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 15% growth in the latest year. EBITDA rose 77% 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 Spin2weave Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.89 Cr | •••• | •••• | •••• | •••• |
| 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 Spin2weave Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.6% | •••• | •••• | •••• | •••• |
| 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 Spin2weave Apparels 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.
Peer Comparison of Spin2weave Apparels Private Limited
Spin2weave Apparels Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venu Spinners Private Limited | ₹21.99 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bhilwara, Rajasthan, India |
| MSR Fabrics India Private Limited | ₹21.98 Cr (FY 2023) | •••• | •••• | -22.0% | •••• | Coimbatore, Tamil Nadu, India |
| Paramount Texfab Private Limited | ₹21.97 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Bhiwandi, Maharashtra, India |
| Suashish Apparels Private Limited | ₹21.96 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Surat, Gujarat, India |
| Epic Brands Private Limited | ₹21.96 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | New Delhi, Delhi, India |
| Spin2weave Apparels Private Limited this company | ₹21.96 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Thirukumaran Fibres Private Limited | ₹21.95 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kumarapalayam, Tamil Nadu, India |
| Shree Nath Syncot (India) Private Limited | ₹21.94 Cr (FY 2022) | •••• | •••• | 16.0% | •••• | Punjab, India |
| Fida Filaments Private Limited | ₹21.94 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kanyakumari-Dist, Tamil Nadu, India |
| Shivam Sulz Private Limited | ₹21.94 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Bhilwara, Rajasthan, India |
| Piyush Fabrics Private Limited | ₹21.94 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Spin2weave Apparels by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spin2weave Apparels Private Limited
Spin2weave Apparels Private Limited is audited by SRIDHARA & SASTRY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRIDHARA & SASTRY | 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 Spin2weave Apparels Private Limited
Spin2weave Apparels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushboo Kothari | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
| Piyush Kothari | Director | 05 Jul 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of Spin2weave Apparels 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 Spin2weave Apparels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2023 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Spin2weave Apparels Private Limited
Employment history and EPFO contributions of people linked to Spin2weave Apparels.
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 Spin2weave Apparels Private Limited
Spin2weave Apparels Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Khushboo Kothari ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Spin2weave Apparels 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.
MSME Payment Delays by Spin2weave Apparels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spin2weave Apparels 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 Spin2weave Apparels Private Limited
Spin2weave Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS7366M1Z7 | Karnataka | 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 Spin2weave Apparels 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 Spin2weave Apparels Private Limited
Spin2weave Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 July 2012 (14+ years old) and is registered under CIN U18109KA2012PTC064732.
Spin2weave Apparels reported revenue of ₹21.96 Cr for FY 2024 (up 15% YoY).
Spin2weave Apparels has 2 current directors:
- Khushboo Kothari - Director
- Piyush Kothari - Director
Spin2weave Apparels reported a net profit of ₹1.89 Cr (net margin 8.6%) and EBITDA of ₹2.75 Cr (EBITDA margin 12.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spin2weave Apparels is 48% over three years and 11% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spin2weave Apparels is 29AARCS7366M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Spin2weave Apparels is U18109KA2012PTC064732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spin2weave Apparels was incorporated on 05 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Spin2weave Apparels by revenue are Venu Spinners Private Limited, MSR Fabrics India Private Limited, Paramount Texfab Private Limited, Suashish Apparels Private Limited, Epic Brands Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Khushboo Kothari ceased to be Additional Director on 30 Sep 2017. Khushboo Kothari was appointed as Director on 30 Sep 2016. Manoj Kumar Agarwalla ceased to be Director on 30 Sep 2016. Spin2weave Apparels has 4 board changes on record in total.
Spin2weave Apparels can be reached through the website spin2weaveapparels.com. Its registered office is in Bangalore, Karnataka, India.