MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0005620
Sumati Spintex Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹148.42 Cr
▼ 1% YoY
Net loss · FY 2025
₹2.48 Cr
Net margin -1.7%
EBITDA · FY 2025
₹9.9 Cr
EBITDA margin 6.7%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.95 Cr
Issued & subscribed
Open charges
₹124.99 Cr
Satisfied ₹126.08 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
198
Provident fund records
About Sumati Spintex Private Limited
Data last updated:
Sumati Spintex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2013PTC241489. Its GSTIN is 27AASCS9651A1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.95 Cr. It is led by directors including Ganpath Ratanchand Jain (Managing Director) and Mukesh Chandulal Bagadia.
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 323 Hari Om Plaza M.G. Road Opp. National Park Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.42 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Cr (net margin -1.7%) and EBITDA of ₹9.9 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 198 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹124.99 Cr and satisfied charges of ₹126.08 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it. The company has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in September 2018. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 5 smaller; the largest is Haren Textiles Private Limited with revenue of ₹149.25 Cr.
Sumati Spintex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0005620). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumatispintex.com.
Company details
CIN U17120MH2013PTC241489
Registration Number 241489
Incorporation Date 29 March 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0005620
Key People
Ganpath Ratanchand Jain Managing Director Ratanchand Deshmal Jain Additional Director Mukesh Chandulal Bagadia Director Recognitions & Rankings of Sumati Spintex
Contact details
Sumati Spintex Private Limited's registered office is in Mumbai, Maharashtra. Its website is sumatispintex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address323 Hari Om Plaza M.G. Road Opp. National Park Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sumati Spintex Private Limited, buy the company report.
Comprehensive company report
Sumati Spintex 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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Business activity
The main business activity of Sumati Spintex 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 Sumati Spintex Private Limited, buy the company report.
Financials of Sumati Spintex Private Limited
FY 2025 filings availableSumati Spintex Private Limited reported revenue of ₹148.42 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹148.42 Cr ▼ 1%
Net loss · FY 2025
₹2.48 Cr margin -1.7%
EBITDA · FY 2025
₹9.9 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 7%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹9.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.48 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | -1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sumati Spintex Private Limited, buy the company report.
Board of directors of Sumati Spintex Private Limited
Sumati Spintex has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratanchand Deshmal Jain | Additional Director | 04 Mar 2025 | 1 Years 7 Months | Current |
| Ganpath Ratanchand Jain | Managing Director | 29 Mar 2013 | 13 Years 6 Months | Current |
| Mukesh Chandulal Bagadia | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Ashok Kumar Also directs: E Hill and Company Private Limited | Director | 01 Jun 2013 | 13 Years 4 Months | Current |
| Pranay Maurya Also directs: Denalins Foods LLP, Maurya Exports Private Limited, Parul J Luxury Atelier Private Limited and 3 more | Director | 01 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Sumati Spintex Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Haren Textiles Private Limited | ₹149.25 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Swastik Polyprints Private Limited | ₹148.6 Cr (FY 2025) | 31.0% | Surat, Gujarat, India | |||
| Sumati Spintex Private Limitedthis company | ₹148.42 Cr (FY 2025) | -₹2.48 Cr | -1.7% | -1.0% | 198 | Mumbai, Maharashtra, India |
| King Yarns Private Limited | ₹148.11 Cr (FY 2025) | -6.0% | Surat, Gujarat, India | |||
| Davinder Sandhu Impex Private Limited | ₹147.36 Cr (FY 2025) | -2.0% | Ludhiana, Punjab, India | |||
| Arino Seeds Private Limited | ₹147.27 Cr (FY 2025) | 28.0% | Gondal, Gujarat, India | |||
| Esstee Exports India Private Limited | ₹147.09 Cr (FY 2025) | 29.0% | Tirupur, Tamil Nadu, India | |||
| Sona Textiles Private Limited | ₹146.55 Cr (FY 2025) | 1.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Sumati Spintex Private Limited, buy the company report.
Auditor
Sumati Spintex Private Limited is audited by V K JINDAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K JINDAL & CO | FY 2023 | 001468C |
Shareholding
The shareholding of Sumati Spintex 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 Sumati Spintex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹124.99 Cr
Satisfied charges
₹126.08 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101166378 | Others | ₹4 Cr | Open | |
| 13 Jun 2025 | 101116485 | Hdfc Bank Limited | ₹61.94 Cr | Open | |
| 11 Jun 2024 | 100941872 | Others | ₹5.25 Cr | Open | |
| 11 Jun 2024 | 100941877 | Others | ₹23 Cr | Open | |
| 11 Jun 2024 | 100941881 | Others | ₹80 Lakh | Open |
To see the full charge records of Sumati Spintex Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Sumati Spintex Private Limited has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in September 2018.
Total deals
7
Secondary share transfers
5
Rights issue
1
Funding round
1
Disclosed funding
₹5 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Subh Mangal Sales Private Limited, Jintan Vanijya Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Raj Rajendra Industries Limited , 3 individuals Seller: Subh Mangal Sales Private Limited, Jintan Vanijya Private Limited , Ratanchand D Jain HUF, an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Raj Rajendra Industries Limited Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Ratanchand D Jain HUF Seller: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Jintan Vanijya Private Limited , Subh Mangal Sales Private Limited Seller: KR Kumar Industries Limited, 2 individuals |
To see the full deal history of Sumati Spintex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sumati Spintex Private Limited has 8 court cases on record: 4 filed by Sumati Spintex, 4 filed against it. All cases are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Court case (BIR LC) | Filed by the company against an individual | Disposed |
To see the full case history of Sumati Spintex 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.
Credit ratings & regulatory alerts
Sumati Spintex Private Limited was last rated by Crisil on 30 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jan 2020 |
To see the full credit ratings and regulatory alerts of Sumati Spintex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sumati Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sumati Spintex Private Limited has a workforce of 198 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
198
Active EPFO establishments
1
Employee growth
-8.76%
GST
Sumati Spintex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS9651A1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 24AASCS9651A1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sumati Spintex Private Limited, buy the company report.
Recent activity
Sumati Spintex Private Limited has 13 board changes on record since 2013: 5 appointments and 8 cessations. The latest: Ratanchand Deshmal Jain was appointed as Additional Director on 04 Mar 2025.
AGM
Sumati Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101166378 was registered on 17 Sep 2025.
Charges
A charge with Others of Rs. 23.00 Cr registered on 11 Jun 2024 with Charge ID 100941877 was modified on 17 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 61.94 Cr with Charge ID 101116485 was registered on 13 Jun 2025.
Filing
Sumati Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ratanchand Deshmal Jain was appointed as Additional Director.
Charges
A charge registered on 12 May 2015 via Charge ID 10568990 with Others was fully satisfied on 16 Jan 2025.
Charges
A charge registered on 04 May 2023 via Charge ID 100724083 with Others was fully satisfied on 21 Sep 2024.
Charges
A charge registered on 04 Feb 2023 via Charge ID 100680445 with Others was fully satisfied on 21 Sep 2024.
Charges
A charge registered on 24 Apr 2015 via Charge ID 10569074 with Others was fully satisfied on 21 Sep 2024.
Charges
A charge registered on 04 Feb 2023 via Charge ID 100684068 with Others was fully satisfied on 16 Aug 2024.
Charges
A charge with Others amounted to Rs. 5.25 Cr with Charge ID 100941872 was registered on 11 Jun 2024.
32 earlier events are in the company report.
Frequently asked questions
Sumati Spintex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 March 2013 (13+ years old) and is registered under CIN U17120MH2013PTC241489.
Sumati Spintex has 5 current directors:
- Ganpath Ratanchand Jain - Managing Director
- Ratanchand Deshmal Jain - Additional Director
- Mukesh Chandulal Bagadia - Director
- Ashok Kumar - Director
- Pranay Maurya - Director
The latest financial statements of Sumati Spintex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sumati Spintex is 27AASCS9651A1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AASCS9651A1Z5 (Gujarat).
The CIN (Corporate Identification Number) of Sumati Spintex is U17120MH2013PTC241489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumati Spintex has 8 court cases on record: 4 filed by the company and 4 filed against it. Most are in the district courts.
Sumati Spintex was incorporated on 29 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Sumati Spintex has 7 deals on record (5 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in September 2018.
The peers of Sumati Spintex by revenue are Haren Textiles Private Limited, Swastik Polyprints Private Limited, King Yarns Private Limited, Davinder Sandhu Impex Private Limited, Arino Seeds Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ratanchand Deshmal Jain was appointed as Additional Director on 04 Mar 2025. Priya Ganpath Jain ceased to be Additional Director on 30 Sep 2022. Kiran Ratanchand Jain ceased to be Director on 13 Oct 2021. Sumati Spintex has 13 board changes on record in total.
Yes, Sumati Spintex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0005620).