Ashapura Garments Limited

Produces cotton fabrics and garments.

1994 | Kachchh, Gujarat (India) | Under Liquidation
Last Updated: April 27, 2024

Ashapura Garments Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.38 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 436.86 Cr
  • Satisfied Charges ₹ 212.39 Cr
  • Revenue Growth 34.14%
  • Profit Growth 37.20%
  • Ebitda 16.57%
  • Net Worth 13.71%
  • Total Assets 37.33%

About Ashapura Garments

Ashapura Garments Limited (AGL) is Under Liquidation company established on 27 Sep 1994 with its office registered at Kachchh, Gujarat, India and has been running since 30 Year, 4 Months with a paid up capital of 14.38 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 27 Apr 2024.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U13101GJ1994PLC067515

  • Company No.

    067515

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1994

  • Date of AGM

    29 Oct 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Ashapura Garments?

Executive Team (3)

Name Designation Appointment Date Status
Sandeep Vedant Country flag representing In Managing Director 01-Mar-2006 Current
Bharat Vedant CEO 29-Oct-2015 Current
Sanjay Vyas CFO 25-Jun-2015 Current

Board Members (3)

Name Designation Appointment Date Status
Baskaran Kesavareddiyar Country flag representing In Nominee Director 22-Feb-2016 Current
Bharat Vedant Country flag representing In Whole-Time Director 11-Oct-2014 Current
Sanjay Vyas Country flag representing In Whole-Time Director 01-Mar-2006 Current

Financial Performance of Ashapura Garments.

Ashapura Garments Limited, for the financial year ended 2014, experienced significant growth in revenue, with a 34.14% increase. The company also saw a substantial improvement in profitability, with a 37.2% increase in profit. The company's net worth Soared by an impressive increase of 13.71%.

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
34.14%
Revenue from Operations
32.87%
Total Assets
37.33%
Profit or Loss
37.20%
Net Worth
13.71%
EBITDA
16.57%

What is the Ownership and Shareholding Structure of Ashapura Garments?

In 2015, Ashapura Garments had a promoter holding of 32.38% and a public holding of 67.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹436.86 Cr

Satisfied Charges

₹212.39 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 314.00 Cr
  • Others : 37.56 Cr
  • Bank Of India : 37.00 Cr
  • Sbi Global Factors Limited : 25.50 Cr
  • Indian Overseas Bank : 22.60 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
04 Jul 2015 Others ₹9.78 Cr Open
09 Sep 2014 Canara Bank ₹5.00 Cr Open
26 Jul 2014 Others ₹25.00 Cr Open
24 Jun 2014 Bank Of India ₹10.00 Cr Open
12 Jun 2014 Others ₹2.78 Cr Open

How Many Employees Work at Ashapura Garments?

Ashapura Garments has a workforce of 0 employees as of Apr 04, 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 Ashapura Garments, 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 Ashapura Garments'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 Ashapura Garments

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 9.78 Cr registered on 04 Jul 2015 with Charge ID 10583028 was modified on 29 Dec 2017.

    29 Dec 2017

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 26 Jul 2014 with Charge ID 10512912 was modified on 28 Mar 2016.

    28 Mar 2016

  • Charges

    A charge with Others of Rs. 2.78 Cr registered on 12 Jun 2014 with Charge ID 10506871 was modified on 28 Mar 2016.

    28 Mar 2016

  • Director Appointment

    Baskaran Kesavareddiyar was appointed as a Nominee Director was appointed as a Nominee Director on 22 Feb 2016 & has been associated with this company since 8 years 11 months .

    22 Feb 2016

  • Annual General Meeting

    Ashapura Garments Limited last Annual general meeting of members was held on 29 Oct 2015 as per latest MCA records.

    29 Oct 2015

  • Director Appointment

    Bharat Chatrabhuj Vedant was appointed as a Ceo was appointed as a Ceo on 29 Oct 2015 & has been associated with this company since 9 years 3 months .

    29 Oct 2015

Frequently asked questions

  • Ashapura Garments Limited was incorporated on 27 Sep 1994.

  • The authorized share capital of Ashapura Garments Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.38 Cr.

  • Currently 6 directors are associated with Ashapura Garments Limited.

    • Baskaran Kesavareddiyar
    • Sandeep Ramesh Vedant
    • Bharat Chatrabhuj Vedant
    • Sanjay Parmanand Vyas
    • Bharat Chatrabhuj Vedant
    • Sanjay Parmanand Vyas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashapura Garments Limited is Plot No. 3 Block-C Sector-12 S Adani Ports Sez, India, Mundra, Gujarat, 370421.

  • The corporate identification number (CIN) of Ashapura Garments Limited is U13101GJ1994PLC067515 and the company number is 067515 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashapura Garments Limited is https://www.winstonejeans.net

  • According to the financial reports for the fiscal year 2014, the revenue trend for Ashapura Garments Limited has risen by 34.14%.

  • The financial reports for the fiscal year 2014 indicates that The net worth of Ashapura Garments Limited has experienced an upsurge of 13.71%.

  • As per the financial statements for fiscal Year 2014, The total open charges for Ashapura Garments Limited amount to ₹ 436.86 Cr.

  • The most recent Balance Sheet for Ashapura Garments Limited was filed with the ROC on 31 Mar 2015.

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