Swastik Spintex Limited Company Logo

Swastik Spintex Limited - Company Profile

It is a manufacturing public limited company based in Indore, Madhya Pradesh, India, established in 1994.

1994 | Indore, Madhya Pradesh, India | Active
Last Updated:

About Swastik Spintex Limited

Swastik Spintex Limited, a active public limited company, was established on 13 October 1994 in Indore, Madhya Pradesh, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17124MP1994PLC008721. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.11 Cr.

It upholds a compliant status. Its leadership includes Meetu Baheti (Whole-Time Director), Ankit Rathi (Director), Ghanshyam Rathi (Managing Director). Past directors included Subodh Dave, Kunal Jain, Anoop Zanwar. It holds ₹1.32 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 20Th Km Village Rajoda Post Solsinda Sanwer Road, Indore, Madhya Pradesh.

Company Details

  • CIN/LLPIN

    U17124MP1994PLC008721

  • Registration Number

    008721

  • Incorporation Date

    13 October 1994

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.11 Cr

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.11 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.32 Cr
  • Revenue Growth 17.56%
  • Profit Growth -197.31%
  • Ebitda -147.65%
  • Net Worth -17.49%
  • Total Assets -15.30%
Company report

Swastik Spintex Limited

Company Report FY 2025-2026

Explore comprehensive insights into Swastik Spintex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Swastik Spintex Limited?

Current Directors

NameDesignationAppointment DateStatus
Meetu BahetiWhole-Time Director20 Mar 2007Current
Ankit RathiDirector05 Apr 2022Current
Ghanshyam RathiManaging Director13 Oct 1994Current
Vinod Kumar RathiManaging Director01 Oct 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director13 Feb 2007Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo(Kmp)-Past
Pramod AbcsddWhole-Time Director15 Mar 2007Past
Pramod AbcsddDirector28 Dec 2020Past
Pramod AbcsddDirector25 May 2022Past

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Financial Performance of Swastik Spintex.

Swastik Spintex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.56% increase. The company also saw a substantial fall in profitability, with a 197.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.49%.

Swastik Spintex revenue growth over time
Swastik Spintex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.56%
Revenue from Operations
19.10%
Total Assets
-15.30%
Profit or Loss
-197.31%
Net Worth
-17.49%
EBITDA
-147.65%

What is the Ownership and Shareholding Structure of Swastik Spintex?

In 2022, Swastik Spintex had a promoter holding of 45.32% and a public holding of 54.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹13,166,300.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.13 Cr
  • Icici Bank Limited : 0.12 Cr
  • Others : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
28 Apr 2017Others₹0.68 MOpen
08 Oct 2014Icici Bank Limited₹1.19 MOpen
19 Jul 1996State Bank Of India₹1.13 CrOpen

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How Many Employees Work at Swastik Spintex?

Unlock and access historical data on people associated with Swastik Spintex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Swastik Spintex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Spintex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Swastik Spintex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Swastik Spintex

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Swastik Spintex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Swastik Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior. was completed.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 1.13 Cr registered on 19 Jul 1996 with Charge ID 90203232 was modified on 13 Jun 2022. was documented.

  • Director Appointment

    Progress on Ankit Rathi was appointed as a Director was appointed as a Director on 05 Apr 2022 & has been associated with this company since 3 years 8 months . was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100127338 was registered on 28 Apr 2017. was documented.

  • Charges

    Progress on A charge with Icici Bank Limited amounted to Rs. 0.12 Cr with Charge ID 10572643 was registered on 08 Oct 2014. was documented.

Frequently Asked Questions

  • What is the CIN of Swastik Spintex Limited?

    The CIN of Swastik Spintex Limited is U17124MP1994PLC008721.

  • Where is Swastik Spintex Limited headquartered?

    Swastik Spintex Limited is headquartered at 20Th Km Village Rajoda Post Solsinda Sanwer Road, Indore, Madhya Pradesh.

  • When was Swastik Spintex Limited incorporated?

    Swastik Spintex Limited was incorporated on 13 October 1994.

  • Who are the current directors of Swastik Spintex Limited?

    The current directors of Swastik Spintex Limited are

  • What is the primary industry of Swastik Spintex Limited?

    The primary industry of Swastik Spintex Limited is Manufacturing.

  • Is Swastik Spintex Limited a listed company?

    Swastik Spintex Limited is unlisted.

  • What is the capital structure of Swastik Spintex Limited?

    The authorized capital of Swastik Spintex Limited is ₹6.00 Cr, and the paid-up capital is ₹5.11 Cr.

  • What is the compliance status of Swastik Spintex Limited?

    The compliance status of Swastik Spintex Limited is Compliant.

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