About Supreme Tex Mart Limited
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Supreme Tex Mart Limited is a public limited company based in Ludhiana, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 October 1988.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L17117PB1988PLC016933. Its GSTIN is 03AAHCS9897D1ZY (Punjab). It is recorded as listed by MCA, but its shares were delisted from NSE on 17 Oct 2019 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹34.06 Cr. It is led by directors including Ajay Gupta (Managing Director) and Bhupinder Singh Mann.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 72 Focal Point Phase – VIII, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2017, the company reported a revenue of ₹396.01 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹43.39 Cr (net margin -11%) and EBITDA of ₹4.19 Cr (EBITDA margin 1.1%).
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Supreme Tex Mart. As per MCA filings, the company has open charges of ₹794.6 Cr and satisfied charges of ₹309.56 Cr on record. Court records list 93 cases involving the company, including 28 filed by the company and 65 filed against it; 21 cases are pending. The company has 43 deals on record (42 market trades, 1 funding round), with disclosed funding of ₹14.64 Cr; the latest was in March 2017. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Adishakti Industries Private Limited with revenue of ₹401.02 Cr.
The last known website on record is supremetexmart.com.
Company details
CIN history
Supreme Tex Mart has one previous CIN (Corporate Identification Number): U17117PB1988PLC016933. The current CIN is L17117PB1988PLC016933, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17117PB1988PLC016933 | Current |
| U17117PB1988PLC016933 | Previous |
Contact details
Supreme Tex Mart Limited's registered office is in Ludhiana, Punjab. Its website is supremetexmart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 72 Focal Point Phase – VIII, Ludhiana, Punjab, India – 141010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Supreme Tex Mart Limited, buy the company report.
- 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
Brands
Supreme Tex Mart operates one associated brand: Supreme Tex Mart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of knitting, polyester cotton, fancy yarn, and other textile products | supremetexmart.com |
Business activity
The main business activity of Supreme Tex Mart 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 Supreme Tex Mart Limited, buy the company report.
Financials of Supreme Tex Mart Limited
FY 2017 filings availableSupreme Tex Mart Limited reported revenue of ₹396.01 Cr (up 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹396.01 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.19 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹43.39 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | ||
| Net Profit Margin | -11% | ||
| 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 | |||
To see the full financial statements and ratios of Supreme Tex Mart Limited, buy the company report.
Board of directors of Supreme Tex Mart Limited
Supreme Tex Mart has 3 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupinder Singh Mann | Director | 12 Aug 2015 | 11 Years 2 Months | As last reported |
| Ajay Gupta Also directs: Gold Leaf International Private Limited, Gautam Terrytech Limited | Managing Director | 25 Oct 1988 | 38 Years 0 Months | As last reported |
| Kuldip Singh | Director | 21 Jul 2012 | 14 Years 3 Months | As last reported |
Peer comparison
Supreme Tex Mart Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Adishakti Industries Private Limited | ₹401.02 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Sumilon Industries Private Limited | ₹400.74 Cr (FY 2025) | 38.0% | Surat, Gujarat, India | |||
| P K P N Spinning Mills Private Limited | ₹400.61 Cr (FY 2025) | 20.0% | Pallipalayam, Tamil Nadu, India | |||
| Sudhan Spinning Mills Private Limited | ₹399.23 Cr (FY 2025) | -15.0% | Tirpur, Tamil Nadu, India | |||
| Chola Spinning Mills Private Limited | ₹397.71 Cr (FY 2025) | -9.0% | Erode, Tamil Nadu, India | |||
| Supreme Tex Mart Limitedthis company | ₹396.01 Cr (FY 2017) | -₹43.39 Cr | -11% | 9.0% | 36 | Ludhiana, Punjab, India |
| Indian Acrylics Limited | ₹394.43 Cr (FY 2025) | -29.0% | Sangrur, Punjab, India | |||
| Darshan Creation Private Limited | ₹394.35 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Mohota Industries Limited | ₹394.33 Cr (FY 2025) | 3745.0% | Hinganghat, Maharashtra, India | |||
| United Polyfab Private Limited | ₹392.25 Cr (FY 2025) | -48.0% | Ahmedabad, Gujarat, India | |||
| Bansal Spinning Mills Private Limited | ₹390.91 Cr (FY 2025) | 9.0% | Sahnewal, Punjab, India |
To see the full peer comparison of Supreme Tex Mart Limited, buy the company report.
Auditor
Supreme Tex Mart Limited is audited by DATTA SINGLA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DATTA SINGLA & CO | FY 2017 | 006185N |
Shareholding
The shareholding of Supreme Tex Mart Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Supreme Tex Mart Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2015 | 10571402 | Punjab & Sind Bank | ₹8.18 Cr | Open | |
| 31 Mar 2015 | 10571849 | Allahabad Bank | ₹17.13 Cr | Open | |
| 30 Mar 2015 | 10564032 | Punjab National Bank | ₹160.21 Cr | Open | |
| 30 Mar 2015 | 10557988 | Idbi Bank Limited | ₹58.46 Cr | Open | |
| 05 Dec 2013 | 10468318 | Union Bank of India | ₹5 Cr | Open |
To see the full charge records of Supreme Tex Mart Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Supreme Tex Mart Limited has 43 deals on record (42 market trades, 1 funding round), with disclosed funding of ₹14.64 Cr; the latest was in March 2017.
Deals on record (5 of 43)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Market trade | ₹19.4 Lakh | Seller: Adroit Financial Services Private Limited |
| Oct 2016 | Market trade | ₹53.7 Lakh | Buyer: NBN Fintrade Private Limited , an individual Seller: NBN Fintrade Private Limited , an individual |
| Oct 2016 | Market trade | ₹62.3 Lakh | Buyer: NBN Fintrade Private Limited , an individual Seller: NBN Fintrade Private Limited , an individual |
| Sep 2016 | Market trade | ₹2.44 Cr | Buyer: NBN Fintrade Private Limited , an individual Seller: NBN Fintrade Private Limited , an individual |
| Aug 2016 | Market trade | ₹1.63 Cr | Buyer: SHPL Enterprises Private Limited , an individual Seller: SHPL Enterprises Private Limited , an individual |
To see the full deal history of Supreme Tex Mart 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
Supreme Tex Mart Limited has 93 court cases on record: 28 filed by Supreme Tex Mart, 65 filed against it. 21 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 39 | 16 |
| High courts | 19 | 14 | 3 |
| NCLAT | 7 | 7 | 2 |
| NCLT | 5 | 5 | 0 |
Cases on record (5 of 93)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Bluechip Worldwide Yarn Private Limited | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S Flyjac Logistics Pvt Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Bluechip Worldwide Yarn Private Limited | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by Bluechip Worldwide Yarn Private Limited | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Can Bank Factors Ltd | Disposed |
To see the full case history of Supreme Tex Mart 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 Supreme Tex Mart Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Supreme Tex Mart Limited has a workforce of 36 employees on its EPFO records as of Apr 05, 2024, across 3 active EPFO establishments.
GST
Supreme Tex Mart has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCS9897D1ZY | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Supreme Tex Mart Limited, buy the company report.
Recent activity
Supreme Tex Mart Limited has 57 board changes on record since 1988: 30 appointments and 27 cessations. The latest: Gaurav Gupta ceased to be Company Secretary on 24 Jul 2018.
110 earlier events are in the company report.
Frequently asked questions
Supreme Tex Mart is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Supreme Tex Mart is a company under liquidation, formerly operating as a public limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 October 1988 and is registered under CIN L17117PB1988PLC016933. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Supreme Tex Mart has 3 current directors:
- Ajay Gupta - Managing Director
- Bhupinder Singh Mann - Director
- Kuldip Singh - Director
The latest financial statements of Supreme Tex Mart on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Supreme Tex Mart is L17117PB1988PLC016933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Supreme Tex Mart is recorded as a listed company by MCA, but its shares were delisted from NSE on 17 Oct 2019 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
Supreme Tex Mart has open charges of ₹794.6 Cr and satisfied charges of ₹309.56 Cr as per latest MCA filings.
Supreme Tex Mart has 93 court cases on record: 28 filed by the company and 65 filed against it. 21 are pending. Most are in the district courts.
Supreme Tex Mart was incorporated on 25 October 1988. It is registered with the Registrar of Companies, Chandigarh.
Supreme Tex Mart has 43 deals on record (42 market trades, 1 funding round), with disclosed funding of ₹14.64 Cr; the latest was in March 2017.
The peers of Supreme Tex Mart by revenue are Adishakti Industries Private Limited, Sumilon Industries Private Limited, P K P N Spinning Mills Private Limited, Sudhan Spinning Mills Private Limited, Chola Spinning Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).