Amartex Industries Limited

Textile company with a supermarket chain selling clothing, home decor, and FMCG products in North India.

1988 | Chandigarh (India) | Active
Last Updated:

Amartex Industries Profile

Key Indicators

  • Authorised Capital ₹ 17.25 Cr
  • Paid Up Capital ₹ 16.10 Cr
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 M
  • Satisfied Charges ₹ 430.51 Cr

About Amartex Industries

Amartex Industries Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 January 1988 and has a history of 37 years and one month. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Amar Suiting Manufacturing Company Pvt Ltd. The Company is engaged in the Fashion And Textile 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 17.25 Cr and a paid-up capital of Rs 16.10 Cr.

The company currently has active open charges totaling ₹1.50 M. The company has closed loans amounting to ₹430.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Amartex Industries Limited India are Anjali as COMPANY SECRETARY and Shivam Grover as Cfo. Karan Grover, Shivam Grover, Suresh Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    amartex.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U18110CH1988PLC007928

  • Company No.

    007928

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile
Manufacturing

What products or services does Amartex Industries Limited offer?

Amartex Industries Limited offers a wide range of products and services, including Dyeing & Printing, Fabric Dyeing Services, Ladies T-Shirts, Ladies Printed T Shirt, T Shirts, Round Neck T Shirt.

Who are the key members and board of directors at Amartex Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Shivam Grover Country flag representing In CFOCurrent
Anjali Company SecretaryCurrent
Arun Grover Country flag representing In Managing Director27-Jan-1988Current

Board Members (4)

NameDesignationAppointment DateStatus
Shivam Grover Country flag representing In Whole-Time Director and Cfo 28-Aug-2010Current
Karan Grover Country flag representing In Director 19-Dec-2022Current
Suresh Singh Country flag representing In Director 22-Sep-2021Current
Varun Grover Country flag representing In Director 30-Sep-2006Current

Financial Performance of Amartex Industries.

Amartex Industries Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Amartex Industries revenue growth over time
Amartex Industries 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Amartex Industries?

In 2023, Amartex Industries had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.15 Cr

Satisfied Charges

₹430.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
18 May 2024Others₹1.50 MOpen
30 Jul 2020Idbi Bank Limited₹3.20 CrSatisfied
26 May 2020Idbi Bank Limited₹19.21 CrSatisfied
19 Mar 2014Kotak Mahindra Bank Limited₹3.95 CrSatisfied
10 Sep 2013State Bank Of India₹3.00 CrSatisfied

How Many Employees Work at Amartex Industries?

Amartex Industries has a workforce of 239 employees as of Apr 02, 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.

Employee growth trends for Amartex Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amartex Industries, 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 Amartex Industries'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 Amartex Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100942782 was registered on 18 May 2024.

  • Annual General Meeting

    Amartex Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 26 May 2020 via Charge ID 100354500 with Idbi Bank Limited was fully satisfied on 07 Jul 2023.

  • Charges

    A charge registered on 30 Jul 2020 via Charge ID 100363792 with Idbi Bank Limited was fully satisfied on 25 May 2023.

  • Balance Sheet

    Amartex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Karan Grover was appointed as a Director was appointed as a Director on 19 Dec 2022 & has been associated with this company since 2 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Amartex Industries Limited?

    Amartex Industries Limited was incorporated on 27 Jan 1988.

  • What is authorized share capital and paid-up capital of Amartex Industries Limited?

    The authorized share capital of Amartex Industries Limited is ₹ 17.25 Cr and paid-up capital is ₹ 16.10 Cr.

  • Who are the current board members & directors of Amartex Industries Limited?

    Currently 7 directors are associated with Amartex Industries Limited.

    • Anjali
    • Karan Grover
    • Shivam Grover
    • Suresh Singh
    • Shivam Grover
    • Varun Grover
    • Arun Grover

  • What is the registered address of Amartex Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Amartex Industries Limited is House Number 1846 Sector 34D, India, Chandigarh, 160022.

  • What is the corporate identification number (CIN) and company number of Amartex Industries Limited?

    The corporate identification number (CIN) of Amartex Industries Limited is U18110CH1988PLC007928 and the company number is 007928 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Amartex Industries Limited?

    The Official website of Amartex Industries Limited is https://www.amartex.com

  • How many employees does Amartex Industries Limited currently have?

    As Per 2023 financial reports, 239 employees are currently employed by Amartex Industries Limited.

  • What are the total open charges for Amartex Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Amartex Industries Limited amount to ₹ 1.50 M.

  • When was the last Balance Sheet of Amartex Industries Limited filed with the ROC?

    The most recent Balance Sheet for Amartex Industries Limited was filed with the ROC on 31 Mar 2023.

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