Aggarsain Spinners Limited

Produces and sells cotton yarn and fabrics in multiple states.

1998 | Panchkula, Haryana (India) | Active
Last Updated: July 26, 2024

Aggarsain Spinners Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 26 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.06 Cr
  • Satisfied Charges ₹ 36.22 Cr
  • Revenue Growth 317.82%
  • Profit Growth 270.13%
  • Ebitda 74.95%
  • Net Worth 5.04%
  • Total Assets -7.17%

About Aggarsain Spinners

Aggarsain Spinners Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1998 and has a history of 26 years and four months. Its registered office is in Panchkula, Haryana, India.

The Company is engaged in the Home & Lifestyle 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 4.50 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹19.06 Cr. The company has closed loans amounting to ₹36.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aggarsain Spinners Limited India are Viney as COMPANY SECRETARY and Ajay Garg as Cfo. Rajeev Khunger, Parveen Saluja, Ajay Garg, and Four other members serve as directors at the Company.

Company Details

  • Location

    Panchkula, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aggarsainspinners.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17297HR1998PLC034043

  • Company No.

    034043

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1998

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

Who are the key members and board of directors at Aggarsain Spinners?

Executive Team (3)

NameDesignationAppointment DateStatus
Viney Company Secretary02-Nov-2020Current
Ajay Garg Country flag representing In CFO21-Dec-2017Current
Sunny Garg Country flag representing In Managing Director14-Aug-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajeev Khunger Country flag representing In Director 12-Nov-2022Current
Parveen Saluja Country flag representing In Director 12-Nov-2022Current
Sunita Rani Country flag representing In Director 12-Jan-2001Current
Ramesh Kumar Country flag representing In Director 30-Sep-1998Current
Rajnish Goyal Country flag representing In Director 15-Dec-2022Current

Financial Performance of Aggarsain Spinners.

Aggarsain Spinners Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 317.82% increase. The company also saw a substantial improvement in profitability, with a 270.13% increase in profit. The company's net worth moved up by a moderate rise of 5.04%.

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
317.82%
Revenue from Operations
592.09%
Total Assets
-7.17%
Profit or Loss
270.13%
Net Worth
5.04%
EBITDA
74.95%

What is the Ownership and Shareholding Structure of Aggarsain Spinners?

In 2023, Aggarsain Spinners had a promoter holding of 25.45% and a public holding of 74.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.06 Cr

Satisfied Charges

₹36.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 18.00 Cr
  • Hdfc Bank Limited : 1.06 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2023Hdfc Bank Limited₹1.58 MOpen
07 Jun 2021Hdfc Bank Limited₹9.01 MOpen
15 Nov 2014Others₹18.00 CrOpen
03 Jun 2020Others₹9.50 MSatisfied
26 May 2020Others₹6.00 MSatisfied

How Many Employees Work at Aggarsain Spinners?

Unlock and access historical data on people associated with Aggarsain Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aggarsain Spinners, 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 Aggarsain Spinners'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 Aggarsain Spinners

Recent activity within the organization

  • Charges

    A charge registered on 03 Jun 2020 via Charge ID 100362617 with Others was fully satisfied on 03 Jun 2024.

    03 Jun 2024

  • Annual General Meeting

    Aggarsain Spinners Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Others of Rs. 18.00 Cr registered on 15 Nov 2014 with Charge ID 10535000 was modified on 30 May 2023.

    30 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100706003 was registered on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Aggarsain Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Rajnish Kumar Goyal was appointed as a Director was appointed as a Director on 15 Dec 2022 & has been associated with this company since 2 years 2 months .

    15 Dec 2022

Frequently asked questions

  • Aggarsain Spinners Limited was incorporated on 30 Sep 1998.

  • The authorized share capital of Aggarsain Spinners Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 9 directors are associated with Aggarsain Spinners Limited.

    • Viney
    • Ajay Garg
    • Rajeev Kumar Khunger
    • Parveen Saluja
    • Ajay Garg
    • Sunita Rani
    • Sunny Garg
    • Ramesh Kumar
    • Rajnish Kumar Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aggarsain Spinners Limited is 2Nd Floor Sco 404 Sector 20, Panchkula, Haryana, India, 134116.

  • The corporate identification number (CIN) of Aggarsain Spinners Limited is U17297HR1998PLC034043 and the company number is 034043 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aggarsain Spinners Limited is https://www.aggarsainspinners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aggarsain Spinners Limited has risen by 317.82%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aggarsain Spinners Limited has experienced an upsurge of 5.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aggarsain Spinners Limited amount to ₹ 19.06 Cr.

  • The most recent Balance Sheet for Aggarsain Spinners Limited was filed with the ROC on 31 Mar 2023.

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