Asia Spintex Limited

Asia Spintex Limited

Textile company specializing in yarns, fibers, and fabrics, established in 1995 in Punjab.
1995 | Punjab, Punjab (India) | Active

Last Updated:

December 14, 2024
HomeCompanyAsia Spintex Limited

Who are the key members and board of directors at Asia Spintex?

Board Members(3)

NameDesignationAppointment DateStatus
Raj Kumar In Whole-Time Director 14-Sep-2002Current
Darshan Singla In Whole-Time Director 01-Nov-2013Current
Ramesh Garg In Whole-Time Director 04-Dec-2019Current

Financial Performance of Asia Spintex.

Asia Spintex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.74% increase. The company also saw a substantial improvement in profitability, with a 23.88% increase in profit. The company's net worth Soared by an impressive increase of 112.55%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.74%
Revenue from Operations
15.83%
Total Assets
15.81%
Profit or Loss
23.88%
Net Worth
112.55%
EBITDA
11.59%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹1.98 Cr

₹4.36 Cr

LenderAmountStatus

Others

Creation Date: 05 Feb 2003
₹1.98 CrOpen

State Bank Of Patiala

Creation Date: 23 Dec 2011
₹2.40 CrSatisfied

State Bank Of Patiala

Creation Date: 29 May 2007
₹1.96 CrSatisfied

How Many Employees Work at Asia Spintex?

Asia Spintex has a workforce of 13 employees as of Apr 05, 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.

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Latest Updates, News, and FAQs on Asia Spintex

Recent activity within the organization

  • Annual General Meeting

    Asia Spintex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Asia Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 1.98 Cr registered on 05 Feb 2003 with Charge ID 90169764 was modified on 30 May 2020.

    30 May 2020

  • Director Appointment

    Ramesh Chander Garg was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Dec 2019 & has been associated with this company since 5 years 21 days .

    04 Dec 2019

  • Charges

    A charge registered on 23 Dec 2011 via Charge ID 10330566 with State Bank Of Patiala was fully satisfied on 09 Nov 2018.

    09 Nov 2018

  • Charges

    A charge registered on 29 May 2007 via Charge ID 10056342 with State Bank Of Patiala was fully satisfied on 01 Jan 2018.

    01 Jan 2018

Frequently asked questions

  • Asia Spintex Limited was incorporated on 09 Oct 1995.

  • The authorized share capital of Asia Spintex Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.05 Cr.

  • Currently 3 directors are associated with Asia Spintex Limited.

    • Raj Kumar
    • Darshan Kumar Singla
    • Ramesh Chander Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asia Spintex Limited is Village Samalherilalru Distt Patiala India, Punjab.

  • The corporate identification number (CIN) of Asia Spintex Limited is U51311PB1995PLC017119 and the company number is 017119 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Asia Spintex Limited has risen by 15.74%.

  • As Per 2022 financial reports, 13 employees are currently employed by Asia Spintex Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Asia Spintex Limited has experienced an upsurge of 112.55%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Asia Spintex Limited amount to ₹ 1.98 Cr.

  • The most recent Balance Sheet for Asia Spintex Limited was filed with the ROC on 31 Mar 2024.

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