Texspin Bearings Ltd - Company Profile

It is a automotive public limited company based in Ahmedabad, Gujarat, India, established in 1995.
1995 Ahmedabad, Gujarat, India Active
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About Texspin Bearings Ltd

Texspin Bearings Ltd, a active public limited company, was established on 08 November 1995 in Ahmedabad, Gujarat, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U29120GJ1995PLC028061. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹16.46 Cr.

It upholds a compliant status. Employing 584 professional, Its leadership includes Karishma Aditya Patel (Director), Divya Nihar Patel (Director), Jigar Harshadkumar Shah (Company Secretary). Past directors included Aditya Surshbhai Patel, Vikramkumar Jaswantbhai Desai, Karishma Aditya Patel. It holds ₹582.81 Cr open charges and ₹92.94 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at B-804, Shapath - Iv, Opp Karnavati Club, S.G.Highway, Ahmedabad, Gujarat, 380051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U29120GJ1995PLC028061

  • Registration Number

    028061

  • Incorporation Date

    08 November 1995

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹16.46 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 16.46 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 582.81 Cr
  • Satisfied Charges ₹ 92.94 Cr
  • Revenue Growth **** 32.39%
  • Profit Growth **** 37.34%
  • Ebitda **** 46.96%
  • Net Worth 19.24%
  • Total Assets **** 23.02%
Company report

Texspin Bearings Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Texspin Bearings Ltd — 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 Texspin Bearings Ltd?
Current Directors
Name Designation Appointment Date Status
Karishma Aditya Patel Director 07 Jul 2021 Current
Divya Nihar Patel Director 15 Mar 2019 Current
Jigar Harshadkumar Shah Company Secretary 25 Aug 2025 Current
Rajan Wadhera Director 11 Jul 2025 Current
Dipen Makwana Bhupendra Managing Director 01 Nov 2004 Current
Vishal Bhupendra Makwana Whole-Time Director 01 Apr 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Director 15 Mar 2019 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 28 Sep 2025 Past
Pramod Abcsdd Whole-Time Director 31 Mar 2014 Past

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Financial Performance of Texspin Bearings.

Texspin Bearings Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 32.39% increase. The company also saw a substantial improvement in profitability, with a 37.34% increase in profit. The company's net worth Soared by an impressive increase of 19.24%.

Texspin Bearings revenue growth over time
Texspin Bearings 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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 32.39%
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*******
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Revenue from Operations
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 33.52%
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*******
*******
Total Assets
*******
 23.02%
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*******
*******
Profit or Loss
*******
 37.34%
*******
*******
*******
*******
Net Worth
*******
 19.24%
*******
*******
*******
*******
EBITDA
*******
 46.96%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Texspin Bearings?

In 2023, Texspin Bearings had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹5,828,059,000.00

Satisfied Charges

₹929,412,562.00

Charges Breakdown by Lending Institutions
  • Others : 298.06 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 114.83 Cr
  • Axis Bank Limited : 97.88 Cr
  • State Bank Of India : 71.50 Cr
  • Hdfc Bank Limited : 0.54 Cr
Latest Charge Details
Date Lender Amount Status
01 Dec 2025 Hdfc Bank Limited ₹3.50 M Open
25 Jul 2025 The Hongkong And Shanghai Banking Corporation Limited ₹12.00 Cr Open
21 Jun 2025 Hdfc Bank Limited ₹1.86 M Open
05 Jul 2024 Others ₹7.60 M Open
05 Apr 2024 Others ₹244.80 Cr Open

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How Many Employees Work at Texspin Bearings?

Texspin Bearings has a workforce of 584 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Texspin Bearings, 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 Texspin Bearings'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 Texspin Bearings
Recent Activity within the Organization
  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 12.00 Cr registered on 25 Jul 2025 with Charge ID 101136491 was modified on 05 Dec 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 101197795 was registered on 01 Dec 2025. was completed.

  • Charges

    The activity A charge with Others of Rs. 244.80 Cr registered on 05 Apr 2024 with Charge ID 100910240 was modified on 20 Nov 2025. was completed.

  • Director Appointment

    Progress on Pranav Kiritbhai Raval was appointed as a Cfo was appointed as a Cfo on 11 Oct 2025 & has been associated with this company since 7 months 1 day . was documented.

  • Charges

    A charge with Axis Bank Limited of Rs. 97.88 Cr registered on 03 Jan 2020 with Charge ID 100317088 was modified on 29 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    Texspin Bearings Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Texspin Bearings Ltd?

The CIN of Texspin Bearings Ltd is U29120GJ1995PLC028061.

Where is Texspin Bearings Ltd headquartered?

Texspin Bearings Ltd is headquartered at B-804, Shapath - Iv, Opp Karnavati Club, S.G.Highway, Ahmedabad, Gujarat, 380051.

When was Texspin Bearings Ltd incorporated?

Texspin Bearings Ltd was incorporated on 08 November 1995.

Who are the current directors of Texspin Bearings Ltd?

The current directors of Texspin Bearings Ltd are

What is the primary industry of Texspin Bearings Ltd?

The primary industry of Texspin Bearings Ltd is Manufacturing.

Is Texspin Bearings Ltd a listed company?

Texspin Bearings Ltd is unlisted.

What is the capital structure of Texspin Bearings Ltd?

The authorized capital of Texspin Bearings Ltd is ₹25.00 Cr, and the paid-up capital is ₹16.46 Cr.

What is the compliance status of Texspin Bearings Ltd?

The compliance status of Texspin Bearings Ltd is Compliant.

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