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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.11 Cr
  • Company Age 31 Year, 4 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Meetu Baheti Whole-Time Director 20 Mar 2007 Current
Ankit Rathi Director 05 Apr 2022 Current
Ghanshyam Rathi Managing Director 13 Oct 1994 Current
Vinod Kumar Rathi Managing Director 01 Oct 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 13 Feb 2007 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Whole-Time Director 15 Mar 2007 Past
Pramod Abcsdd Director 28 Dec 2020 Past
Pramod Abcsdd Director 25 May 2022 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 17.56%
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*******
*******
*******
Revenue from Operations
*******
 19.10%
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*******
*******
Total Assets
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 -15.30%
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*******
*******
*******
Profit or Loss
*******
 -197.31%
*******
*******
*******
*******
Net Worth
*******
 -17.49%
*******
*******
*******
*******
EBITDA
*******
 -147.65%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
28 Apr 2017 Others ₹0.68 M Open
08 Oct 2014 Icici Bank Limited ₹1.19 M Open
19 Jul 1996 State Bank Of India ₹1.13 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Swastik Spintex
Recent Activity within the Organization
  • Annual General Meeting

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

  • 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

    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 recorded as a recent event.

  • Director Appointment

    The activity 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 10 months . was completed.

  • 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

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

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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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