Yogiraj Spinning Limited
About Yogiraj Spinning Limited
Data last updated:
Yogiraj Spinning Limited is a public limited company based in Gondal, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17121GJ2012PLC072083. Its GSTIN is 24AAACY5719M2ZY (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹18 Cr. It was formerly known as Yogiraj Spinning Private Limited. It is led by directors including Kiran Jaswantrai Mehta and Darshan Kiran Mehta.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 14 – Ac Shopping Centre New Sardar Marketing Yard, Gondal, Gujarat, India – 360311.
As per the financials filed for FY 2016, the company reported a revenue of ₹105.9 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹94.57 Lakh (net margin 0.9%) and EBITDA of ₹12.21 Cr (EBITDA margin 11.5%).
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹47.7 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹17.99 Cr; the latest was in July 2013. Its 8 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 4 smaller; the largest is Kamala Ginning and Oil Industries Private Limited with revenue of ₹106.18 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Yogiraj Spinning has one previous CIN (Corporate Identification Number): U17121GJ2012PTC072083. The current CIN is U17121GJ2012PLC072083, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17121GJ2012PLC072083 | Current |
| U17121GJ2012PTC072083 | Previous |
Contact details
Yogiraj Spinning Limited's registered office is in Gondal, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14 – Ac Shopping Centre New Sardar Marketing Yard, Gondal, Gujarat, India – 360311
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Yogiraj Spinning 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
Financials of Yogiraj Spinning Limited
FY 2016 filings availableYogiraj Spinning Limited reported revenue of ₹105.9 Cr (up 16% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year. EBITDA fell 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹105.9 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹12.21 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹94.57 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.5% | |
| Net Profit Margin | 0.9% | |
| 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 Yogiraj Spinning Limited, buy the company report.
Board of directors of Yogiraj Spinning Limited
Yogiraj Spinning has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Jaswantrai Mehta Also directs: Fine Waters and Beverages Private Limited, Maruti Cotex Limited, Shree Siddhivinayak Cotspin Private Limited and 2 more | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Darshan Kiran Mehta Also directs: Fine Waters and Beverages Private Limited | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Shivani Mehta Also directs: Fine Waters and Beverages Private Limited | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Yogiraj Spinning Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Kamala Ginning and Oil Industries Private Limited | ₹106.18 Cr (FY 2024) | 20.0% | Secunderabad, Telangana, India | |||
| Sri Anantha Lakshmi Spinning Mills Private Limited | ₹106.07 Cr (FY 2025) | 3.0% | Guntur, Andhra Pradesh, India | |||
| Menzstyl Creation Private Limited | ₹106.04 Cr (FY 2025) | 31.0% | Gandhi Nagar, Delhi, India | |||
| Sri Srinivasa Spin Tex (India) Limited | ₹105.93 Cr (FY 2020) | -36.0% | Tadepalligudem, Telangana, India | |||
| Yogiraj Spinning Limitedthis company | ₹105.9 Cr (FY 2016) | ₹94.57 Lakh | 0.9% | 16.0% | Gondal, Gujarat, India | |
| V K S M Cotton Mills Private Limited | ₹105.88 Cr (FY 2025) | 20.0% | Coimbatore, Tamil Nadu, India | |||
| Perlei Textiles Private Limited | ₹105.88 Cr (FY 2025) | 1.0% | Tirupur, Tamil Nadu, India | |||
| N Tex Apparel Private Limited | ₹105.8 Cr (FY 2025) | 17.0% | Tirupur, Tamil Nadu, India | |||
| Sreedhara Textiles Private Limited | ₹105.55 Cr (FY 2025) | 0.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Yogiraj Spinning Limited, buy the company report.
Shareholding
The shareholding of Yogiraj Spinning Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Yogiraj Spinning Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2025 | 101051868 | Others | ₹15 Cr | Open | |
| 26 Apr 2017 | 100150363 | Others | ₹1.8 Cr | Satisfied | |
| 26 Jul 2013 | 10441683 | Others | ₹45.9 Cr | Satisfied |
To see the full charge records of Yogiraj Spinning Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Yogiraj Spinning Limited has 1 deal on record (1 funding round), with disclosed funding of ₹17.99 Cr; the latest was in July 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2013 | Funding round | ₹17.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Yogiraj Spinning Limited has 12 court cases on record: 6 filed by Yogiraj Spinning, 6 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 6 | 1 | 1 |
| District courts | 5 | 5 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Paschim Gujarat Vij Company Limited and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by M/S Hero Fincorp Ltd | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by State Bank of India | Pending |
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed by the company against State Bank of India | Disposed |
To see the full case history of Yogiraj Spinning 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.
Credit ratings & regulatory alerts
Yogiraj Spinning Limited was last rated by Crisil on 22 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jun 2020 |
To see the full credit ratings and regulatory alerts of Yogiraj Spinning Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Yogiraj Spinning Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yogiraj Spinning has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACY5719M2ZY | Gujarat | Active | 20 Mar 2023 |
To see the full GST registrations and return filing status of Yogiraj Spinning Limited, buy the company report.
Recent activity
Yogiraj Spinning Limited has 6 board changes on record since 2024: 3 appointments and 3 cessations. The latest: Darshan Kiran Mehta was appointed as Director on 22 Jul 2024.
3 earlier events are in the company report.
Frequently asked questions
Yogiraj Spinning is an active public limited company based in Gondal, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 September 2012 (14+ years old) and is registered under CIN U17121GJ2012PLC072083.
Yogiraj Spinning has 3 current directors:
- Kiran Jaswantrai Mehta - Director
- Darshan Kiran Mehta - Director
- Shivani Mehta - Director
The latest financial statements of Yogiraj Spinning on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Yogiraj Spinning is 24AAACY5719M2ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Yogiraj Spinning is U17121GJ2012PLC072083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yogiraj Spinning has 12 court cases on record: 6 filed by the company and 6 filed against it. 2 are pending. Most are in the nclt.
Yogiraj Spinning was incorporated on 24 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yogiraj Spinning has 1 deal on record (1 funding round), with disclosed funding of ₹17.99 Cr; the latest was in July 2013.
The peers of Yogiraj Spinning by revenue are Kamala Ginning and Oil Industries Private Limited, Sri Anantha Lakshmi Spinning Mills Private Limited, Menzstyl Creation Private Limited, Sri Srinivasa Spin Tex (India) Limited, V K S M Cotton Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Darshan Kiran Mehta was appointed as Director on 22 Jul 2024. Shivani Mehta was appointed as Director on 22 Jul 2024. Jignesh Harjibhai Ghanva ceased to be Director on 15 Jul 2024. Yogiraj Spinning has 6 board changes on record in total.
The registered office of Yogiraj Spinning is at 14 – Ac Shopping Centre New Sardar Marketing Yard, Gondal, Gujarat, India – 360311.
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