Aastha Spintex Private Limited

Manufacturer of cotton yarn for knitting and weaving, with bulk production of combed yarn.

2013 | Surendra Nagar, Gujarat (India) | Active
Last Updated: December 26, 2024

Aastha Spintex Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 27.71 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 149.85 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 39.05%
  • Profit Growth 225.86%
  • Ebitda 18.52%
  • Net Worth 22.90%
  • Total Assets -3.64%

About Aastha Spintex

Aastha Spintex Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2013 and has a history of 11 years and five months. Its registered office is in Surendra Nagar, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 27.71 Cr.

The company currently has active open charges totaling ₹149.85 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aastha Spintex Private Limited India is Tushar Devera as COMPANY SECRETARY. Jashwant Patel, Divyang Patel, and Vivek Gothi serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2013PTC076361

  • Company No.

    076361

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Tushar Devera Country flag representing In Company Secretary 01-Sep-2017 Current

Board Members (3)

Name Designation Appointment Date Status
Jashwant Patel Country flag representing In Director 15-Jan-2014 Current
Divyang Patel Country flag representing In Director 12-Aug-2013 Current
Vivek Gothi Country flag representing In Director 12-Aug-2013 Current

Financial Performance of Aastha Spintex.

Aastha Spintex Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.05% increase. The company also saw a substantial improvement in profitability, with a 225.86% increase in profit. The company's net worth Soared by an impressive increase of 22.9%.

Graph illustrating revenue growth over time
Graph showing 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
39.05%
Revenue from Operations
37.68%
Total Assets
-3.64%
Profit or Loss
225.86%
Net Worth
22.90%
EBITDA
18.52%

What is the Ownership and Shareholding Structure of Aastha Spintex?

In 2023, Aastha Spintex had a promoter holding of 85.04% and a public holding of 14.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹149.85 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 149.85 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2024 Others ₹4.00 Cr Open
25 Oct 2023 Others ₹3.00 Cr Open
23 Feb 2023 Others ₹62.33 Cr Open
25 Jul 2022 Others ₹15.07 Cr Open
20 Jun 2022 Others ₹3.12 Cr Open

How Many Employees Work at Aastha Spintex?

Aastha Spintex has a workforce of 48 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aastha 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 Aastha 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 Aastha Spintex

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 62.33 Cr registered on 23 Feb 2023 with Charge ID 100685004 was modified on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Others of Rs. 62.33 Cr registered on 31 Jul 2014 with Charge ID 10512702 was modified on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100962624 was registered on 02 Aug 2024.

    02 Aug 2024

  • Charges

    A charge registered on 29 Apr 2024 via Charge ID 100907210 with Others was fully satisfied on 27 Jul 2024.

    27 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100907210 was registered on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100804306 was registered on 25 Oct 2023.

    25 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Aastha Spintex Private Limited was incorporated on 12 Aug 2013.

  • The authorized share capital of Aastha Spintex Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 27.71 Cr.

  • Currently 4 directors are associated with Aastha Spintex Private Limited.

    • Jashwant Valjibhai Patel
    • Divyang Jashwant Patel
    • Vivek Rasiklal Gothi
    • Tushar Dhirubhai Devera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aastha Spintex Private Limited is 1 Rameshwar Complex, Opp. Sandipani School -Maliya Highway India, Halvad, Gujarat, 363330.

  • The corporate identification number (CIN) of Aastha Spintex Private Limited is U17120GJ2013PTC076361 and the company number is 076361 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aastha Spintex Private Limited is https://www.aasthaspintex.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Aastha Spintex Private Limited has risen by 39.05%.

  • As Per 2022 financial reports, 48 employees are currently employed by Aastha Spintex Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Aastha Spintex Private Limited has experienced an upsurge of 22.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Aastha Spintex Private Limited amount to ₹ 149.85 Cr.

  • The most recent Balance Sheet for Aastha Spintex Private Limited was filed with the ROC on 31 Mar 2023.

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