Amritsar Swadeshi Textile Corporation Private Limited

Manufactures woolen yarn, blankets, and mink blankets in Punjab.

2005 | Tarn Taran, Punjab (India) | Active
Last Updated:

Amritsar Swadeshi Textile Corporation Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.80 Cr
  • Satisfied Charges ₹ 43.24 Cr
  • Revenue Growth 43.71%
  • Profit Growth 163.89%
  • Ebitda 290.95%
  • Net Worth 1.18%
  • Total Assets 9.40%

About Amritsar Swadeshi Textile Corporation

Amritsar Swadeshi Textile Corporation Private Limited (ASTCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 2005 and has a history of 20 years and one month. Its registered office is in Tarn Taran, Punjab, 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 20.00 Cr.

The company currently has active open charges totaling ₹27.80 Cr. The company has closed loans amounting to ₹43.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Khanna, Rajiv Khanna, Kamal Khanna, and Three other members serve as directors at the Company.

Company Details

  • Location

    Tarn Taran, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110PB2005PTC027880

  • Company No.

    027880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Amritsar Swadeshi Textile Corporation Private Limited offer?

Amritsar Swadeshi Textile Corporation Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Fabric, Blankets, Woollen Blanket, Shawl, Woolen Shawls, Pashmina, Silk & Cashmere Shawls, Blankets & Quilts.

Who are the key members and board of directors at Amritsar Swadeshi Textile Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Sachin Khanna Country flag representing In Managing Director26-Feb-2005Current
Rajiv Khanna Country flag representing In Managing Director24-Jan-2005Current
Lalit Khanna Country flag representing In Managing Director24-Jan-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Akhil Khanna Country flag representing In Director 01-Sep-2021Current
Kamal Khanna Country flag representing In Director 01-Sep-2021Current
Leena Khanna Country flag representing Sg Director 08-Nov-2016Current

Financial Performance of Amritsar Swadeshi Textile Corporation.

Amritsar Swadeshi Textile Corporation Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.71% increase. The company also saw a substantial improvement in profitability, with a 163.89% increase in profit. The company's net worth moved up by a moderate rise of 1.18%.

Amritsar Swadeshi Textile Corporation revenue growth over time
Amritsar Swadeshi Textile Corporation 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
43.71%
Revenue from Operations
62.99%
Total Assets
9.40%
Profit or Loss
163.89%
Net Worth
1.18%
EBITDA
290.95%

What is the Ownership and Shareholding Structure of Amritsar Swadeshi Textile Corporation?

In 2022, Amritsar Swadeshi Textile Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.80 Cr

Satisfied Charges

₹43.24 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.40 Cr
  • Others : 8.40 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2021Others₹2.32 CrOpen
12 Jul 2017Others₹6.08 CrOpen
28 Mar 2012Hdfc Bank Limited₹19.40 CrOpen
21 Sep 2012Punjab & Sind Bank₹9.72 CrSatisfied
11 Jul 2005Canara Bank₹3.00 CrSatisfied

How Many Employees Work at Amritsar Swadeshi Textile Corporation?

Amritsar Swadeshi Textile Corporation has a workforce of 43 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.

Employee growth trends for Amritsar Swadeshi Textile Corporation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amritsar Swadeshi Textile Corporation, 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 Amritsar Swadeshi Textile Corporation'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 Amritsar Swadeshi Textile Corporation

Recent activity within the organization

  • Annual General Meeting

    Amritsar Swadeshi Textile Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Amritsar Swadeshi Textile Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge registered on 21 Sep 2012 via Charge ID 10381433 with Punjab & Sind Bank was fully satisfied on 27 May 2022.

  • Director Appointment

    Kamal Khanna was appointed as a Director was appointed as a Director on 01 Sep 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Akhil Khanna was appointed as a Director was appointed as a Director on 01 Sep 2021 & has been associated with this company since 3 years 6 months .

  • Charges

    A charge with Others of Rs. 2.32 Cr registered on 25 Mar 2021 with Charge ID 100447892 was modified on 26 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Amritsar Swadeshi Textile Corporation Private Limited?

    Amritsar Swadeshi Textile Corporation Private Limited was incorporated on 24 Jan 2005.

  • What is authorized share capital and paid-up capital of Amritsar Swadeshi Textile Corporation Private Limited?

    The authorized share capital of Amritsar Swadeshi Textile Corporation Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Who are the current board members & directors of Amritsar Swadeshi Textile Corporation Private Limited?

    Currently 6 directors are associated with Amritsar Swadeshi Textile Corporation Private Limited.

    • Sachin Khanna
    • Rajiv Krishan Khanna
    • Kamal Khanna
    • Lalit Krishan Khanna
    • Akhil Khanna
    • Leena Khanna

  • What is the registered address of Amritsar Swadeshi Textile Corporation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Amritsar Swadeshi Textile Corporation Private Limited is Vpo Nag Kalan Majitha Road India, Amritsar, Punjab, 143601.

  • What is the corporate identification number (CIN) and company number of Amritsar Swadeshi Textile Corporation Private Limited?

    The corporate identification number (CIN) of Amritsar Swadeshi Textile Corporation Private Limited is U17110PB2005PTC027880 and the company number is 027880 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Amritsar Swadeshi Textile Corporation Private Limited?

    The Official website of Amritsar Swadeshi Textile Corporation Private Limited is https://www.aswm.com

  • What has been the recent revenue trend for Amritsar Swadeshi Textile Corporation Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Amritsar Swadeshi Textile Corporation Private Limited has risen by 43.71%.

  • How many employees does Amritsar Swadeshi Textile Corporation Private Limited currently have?

    As Per 2022 financial reports, 43 employees are currently employed by Amritsar Swadeshi Textile Corporation Private Limited.

  • What change has been observed in the net worth of Amritsar Swadeshi Textile Corporation Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Amritsar Swadeshi Textile Corporation Private Limited has experienced an upsurge of 1.18%.

  • What are the total open charges for Amritsar Swadeshi Textile Corporation Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Amritsar Swadeshi Textile Corporation Private Limited amount to ₹ 27.80 Cr.

  • When was the last Balance Sheet of Amritsar Swadeshi Textile Corporation Private Limited filed with the ROC?

    The most recent Balance Sheet for Amritsar Swadeshi Textile Corporation Private Limited was filed with the ROC on 31 Mar 2023.

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