- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0004465

About Virat Spinners Private Limited
Data last updated:
Virat Spinners Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17115GJ2010PTC062725. Its GSTIN is 24AADCV4340E1ZP (Gujarat).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.52 Cr. It is led by directors including Pavankumar Tibrewal Dungarmal and Ankit Anoop Gadia.
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 B – 602 6th Floor Shapath – 4 Opp. Karnavati Club S.G. Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.58 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹43.78 Lakh (net margin 0.7%) and EBITDA of ₹2.55 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹65.32 Cr and satisfied charges of ₹24.38 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in July 2023. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 2 smaller; the largest is GBKC Global Private Limited with revenue of ₹60.67 Cr. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 25 overdue payments to 5 micro and small suppliers.
Virat Spinners Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0004465). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virat-spinners-pvt-ltd.business.site.
Company details
Recognitions & Rankings of Virat Spinners
Contact details
Virat Spinners Private Limited's registered office is in Ahmedabad, Gujarat. Its website is virat-spinners-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 602 6th Floor Shapath – 4 Opp. Karnavati Club S.G. Highway, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Virat Spinners Private 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
Business activity
The main business activity of Virat Spinners 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 Virat Spinners Private Limited, buy the company report.
Financials of Virat Spinners Private Limited
FY 2025 filings availableVirat Spinners Private Limited reported revenue of ₹60.58 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 26% growth in the latest year. EBITDA rose 49% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Virat Spinners Private Limited, buy the company report.
Board of directors of Virat Spinners Private Limited
Virat Spinners has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavankumar Tibrewal Dungarmal | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
| Ankit Anoop Gadia | Director | 22 Apr 2013 | 13 Years 6 Months | Current |
| Sanjeevkumar Agrawal | Director | 23 Oct 2010 | 16 Years 0 Months | Current |
| Kailash Subhkaran Agarwal Also directs: Virat Weaving Private Limited | Director | 20 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Virat Spinners Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| GBKC Global Private Limited | ₹60.67 Cr (FY 2024) | -19.0% | Dehradun, Uttarakhand, India | |||
| Savute Textiles Private Limited | ₹60.66 Cr (FY 2019) | 3.0% | Kakkanad, Kerala, India | |||
| SRM Spinners Limited | ₹60.66 Cr (FY 2025) | -8.0% | Bhilwara, Rajasthan, India | |||
| Sant Ravidas Madhya Pradesh Hastashilp Evam Hathkargha Vikas Nigam Limited | ₹60.6 Cr (FY 2020) | 10.0% | Bhopal, Madhya Pradesh, India | |||
| Virat Spinners Private Limitedthis company | ₹60.58 Cr (FY 2025) | ₹43.78 Lakh | 0.7% | 26.0% | 3 | Ahmedabad, Gujarat, India |
| JMBC Cottfiber Private Limited | ₹60.46 Cr (FY 2024) | 5.0% | Lathi, Gujarat, India | |||
| Kunj Exim Private Limited | ₹60.44 Cr (FY 2025) | -6.0% | Malegaon, Maharashtra, India |
To see the full peer comparison of Virat Spinners Private Limited, buy the company report.
Auditor
Virat Spinners Private Limited is audited by ACM & ASSOCIATES LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ACM & ASSOCIATES LLP | FY 2025 | 135206W |
Shareholding
The shareholding of Virat Spinners Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Virat Spinners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2023 | 100799924 | Axis Bank Limited | ₹2.52 Cr | Open | |
| 03 Feb 2022 | 100535286 | Axis Bank Limited | ₹54.02 Cr | Open | |
| 24 Dec 2021 | 100535063 | Axis Bank Limited | ₹8.78 Cr | Open | |
| 16 Sep 2013 | 10450225 | Bank of India | ₹12.19 Cr | Satisfied | |
| 13 Sep 2013 | 10450223 | Bank of India | ₹12.19 Cr | Satisfied |
To see the full charge records of Virat Spinners Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Virat Spinners Private Limited has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in July 2023.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Gopi (India) Private Limited , Deendayal Agrawal Huf, Aatmaj Dealmark Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Mukund Fashion Private Limited Seller: Shyam Cotfab Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mukund Fashion Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Aatmaj Dealmark Private Limited Seller: Ushma Corporate Services Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Madhav Synfab Private Limited , Aakriti Synthetics Private Limited , 2 individuals |
To see the full deal history of Virat Spinners 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
Virat Spinners Private Limited has 1 court case on record: 1 filed by Virat Spinners. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against The Income Tax Officer and 1 other | Disposed |
To see the full case history of Virat Spinners 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.
MSME payment delays
Virat Spinners Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 25 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
To see the full MSME payment records of Virat Spinners Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Virat Spinners Private Limited has a workforce of 3 employees on its EPFO records as of Nov 19, 2025, across 1 active EPFO establishment.
GST
Virat Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV4340E1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Virat Spinners Private Limited, buy the company report.
Recent activity
Virat Spinners Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Pavankumar Tibrewal Dungarmal ceased to be Additional Director on 30 Sep 2019.
10 earlier events are in the company report.
Frequently asked questions
Virat Spinners is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 October 2010 (16+ years old) and is registered under CIN U17115GJ2010PTC062725.
Virat Spinners has 4 current directors:
- Pavankumar Tibrewal Dungarmal - Director
- Ankit Anoop Gadia - Director
- Sanjeevkumar Agrawal - Director
- Kailash Subhkaran Agarwal - Director
The latest financial statements of Virat Spinners 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 Virat Spinners is 24AADCV4340E1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Virat Spinners is U17115GJ2010PTC062725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virat Spinners has 1 court case on record: 1 filed by the company.
Virat Spinners was incorporated on 23 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Virat Spinners has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹11.99 Cr; the latest was in July 2023.
The peers of Virat Spinners by revenue are GBKC Global Private Limited, Savute Textiles Private Limited, SRM Spinners Limited, Sant Ravidas Madhya Pradesh Hastashilp Evam Hathkargha Vikas Nigam Limited, JMBC Cottfiber Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Pavankumar Tibrewal Dungarmal ceased to be Additional Director on 30 Sep 2019. Devesh Omprakash Jhunjhunwala ceased to be Director on 16 Mar 2019. Pavankumar Tibrewal Dungarmal was appointed as Director on 16 Mar 2019. Virat Spinners has 9 board changes on record in total.
Yes, Virat Spinners is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0004465).
Virat Spinners has 8 MSME Form 1 returns on record between 2020 and 2023, listing 25 overdue payments to 5 micro and small suppliers. The latest return was filed on 16 Dec 2023.

