Akshar Spintex Profile
Key Indicators
- Authorised Capital ₹ 82.00 Cr
- Paid Up Capital ₹ 78.75 Cr
- Company Age 11 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.77 Cr
- Satisfied Charges ₹ 50.76 Cr
- Revenue Growth 7855448.89%
- Profit Growth -3962174.85%
- Ebitda -458161.92%
- Net Worth 9400343.17%
- Total Assets 7959262.17%
About Akshar Spintex
Akshar Spintex Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 2013 and has a history of 11 years and ten months. Its registered office is in Jamnagar, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541303.
The Corporate was formerly known as Akshar Spintex Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 82.00 Cr and a paid-up capital of Rs 78.75 Cr.
The company currently has active open charges totaling ₹18.77 Cr. The company has closed loans amounting to ₹50.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Akshar Spintex Limited India is Poonam Kapupara as CFO. Amit Gadhiya, Ilaben Paghdar, Harikrushna Chauhan, and Three other members serve as directors at the Company.
Company Details
- Location
Jamnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17291GJ2013PLC075677
- Company No.
075677
- Stock Symbol
BSE : 541303
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2013
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Akshar Spintex Limited
Explore comprehensive data for Akshar Spintex Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akshar Spintex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Gadhiya  | Managing Director | 19-Jun-2013 | Current |
| Poonam Kapupara | CFO | 08-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harikrushna Chauhan | Whole-Time Director | 17-Jan-2017 | Current |
| Ilaben Paghdar | Director | 16-Aug-2016 | Current |
| Nirala Joshi | Director | 17-Jan-2018 | Current |
| Rohit Dobariya | Director | 14-Mar-2018 | Current |
| Parshotam Vasoya | Director | 23-Aug-2021 | Current |
Financial Performance of Akshar Spintex.
Akshar Spintex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 7855448.89% increase. The company also saw a substantial fall in profitability, with a 3962174.85% decrease in profit. The company's net worth Soared by an impressive increase of 9400343.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akshar Spintex?
In 2022, Akshar Spintex had a promoter holding of 50.49% and a public holding of 49.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹18.77 Cr
Satisfied Charges
₹50.76 Cr
Charges Breakdown by Lending Institutions
- Others : 18.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2023 | Others | ₹5.00 Cr | Open |
| 22 Feb 2019 | Others | ₹13.77 Cr | Open |
| 09 Aug 2018 | Others | ₹2.41 Cr | Satisfied |
| 30 Jan 2014 | State Bank Of India | ₹48.35 Cr | Satisfied |
How Many Employees Work at Akshar Spintex?
Akshar Spintex has a workforce of 28 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akshar 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 Akshar Spintex's trajectory.
Rating
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
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 Akshar Spintex
Recent activity within the organization
- Annual General Meeting
Akshar Spintex Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Akshar Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Poonam Pratik Kapupara was appointed as a Cfo was appointed as a Cfo on 08 Mar 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100767200 was registered on 22 Aug 2023.
- Charges
A charge with Others of Rs. 13.77 Cr registered on 22 Feb 2019 with Charge ID 100256873 was modified on 27 Jun 2023.
- Charges
A charge registered on 09 Aug 2018 via Charge ID 100219856 with Others was fully satisfied on 30 Sep 2021.
Recent News, Updates & Announcement
Akshar Spintex Ltd Receives Rs 1.71 Billion International Order - Details.Akshar Spintex Ltd has received a substantial international order valued at Rs. 1.71 billion, signaling its growing influence in the global textile market. The successful execution of the Rs. 1.71 billion order underscores Akshar Spintex Ltd's adaptability to evolving market needs and its ability to secure lucrative international contracts. .
Frequently asked questions
What is the Incorporation or founding date of Akshar Spintex Limited?
Akshar Spintex Limited was incorporated on 19 Jun 2013.
What is authorized share capital and paid-up capital of Akshar Spintex Limited?
The authorized share capital of Akshar Spintex Limited is ₹ 82.00 Cr and paid-up capital is ₹ 78.75 Cr.
Who are the current board members & directors of Akshar Spintex Limited?
Currently 7 directors are associated with Akshar Spintex Limited.
- Amit Vallabhbhai Gadhiya
- Ilaben Dineshbhai Paghdar
- Harikrushna Shamjibhai Chauhan
- Nirala Indubhai Joshi
- Rohit Bhanjibhai Dobariya
- Parshotam Vasoya
- Poonam Pratik Kapupara
What is the registered address of Akshar Spintex Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Spintex Limited is Revenue Survey No.102/2 Paiki Plot No. - 2 Village: Haripar, Ranuja Road. Tal: Lavad. India, Jamnagar, Gujarat, 361013.
What is the corporate identification number (CIN) and company number of Akshar Spintex Limited?
The corporate identification number (CIN) of Akshar Spintex Limited is L17291GJ2013PLC075677 and the company number is 075677 as per Ministry of Corporate Affairs (MCA).
Is Akshar Spintex Limited registered with any stock exchange in India?
Yes, Akshar Spintex Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Akshar Spintex Limited?
The Official website of Akshar Spintex Limited is https://www.aksharspintex.in
What has been the recent revenue trend for Akshar Spintex Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Akshar Spintex Limited has risen by 7855448.89%.
How many employees does Akshar Spintex Limited currently have?
As Per 2023 financial reports, 28 employees are currently employed by Akshar Spintex Limited.
What change has been observed in the net worth of Akshar Spintex Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Akshar Spintex Limited has experienced an upsurge of 9400343.17%.
What are the total open charges for Akshar Spintex Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Akshar Spintex Limited amount to ₹ 18.77 Cr.
When was the last Balance Sheet of Akshar Spintex Limited filed with the ROC?
The most recent Balance Sheet for Akshar Spintex Limited was filed with the ROC on 31 Mar 2024.
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