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: November 16, 2024

Amartex Industries Profile

Key Indicators

  • Authorised Capital ₹ 17.25 Cr
  • Paid Up Capital ₹ 16.10 Cr
  • Company Age 37 Year, 4 Days
  • 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. 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
  • 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)

Name Designation Appointment Date Status
Shivam Grover Country flag representing In CFO Current
Anjali Company Secretary Current
Arun Grover Country flag representing In Managing Director 27-Jan-1988 Current

Board Members (4)

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

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%.

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
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

Date Lender Amount Status
18 May 2024 Others ₹1.50 M Open
30 Jul 2020 Idbi Bank Limited ₹3.20 Cr Satisfied
26 May 2020 Idbi Bank Limited ₹19.21 Cr Satisfied
19 Mar 2014 Kotak Mahindra Bank Limited ₹3.95 Cr Satisfied
10 Sep 2013 State Bank Of India ₹3.00 Cr Satisfied

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.

Graph showing employee growth trends

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.

    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.

    30 Sep 2023

  • Charges

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

    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.

    25 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • 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 1 month .

    19 Dec 2022

Frequently asked questions

  • Amartex Industries Limited was incorporated on 27 Jan 1988.

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

  • Currently 7 directors are associated with Amartex Industries Limited.

    • Anjali
    • Karan Grover
    • Shivam Grover
    • Suresh Singh
    • Shivam Grover
    • Varun Grover
    • Arun Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amartex Industries Limited is House Number 1846 Sector 34D, India, Chandigarh, 160022.

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

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

  • As Per 2023 financial reports, 239 employees are currently employed by 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.

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

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