Asia Spintex Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.05 Cr
- Company Age 29 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.98 Cr
- Satisfied Charges ₹ 4.36 Cr
- Revenue Growth 15.74%
- Profit Growth 23.88%
- Ebitda 11.59%
- Net Worth 112.55%
- Total Assets 15.81%
About Asia Spintex
Asia Spintex Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 1995 and has a history of 29 years and three months. Its registered office is in Punjab, Punjab.
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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.05 Cr.
The company currently has active open charges totaling ₹1.98 Cr. The company has closed loans amounting to ₹4.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raj Kumar, Darshan Singla, and Ramesh Garg serve as directors at the Company.
Company Details
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LocationPunjab, Punjab
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51311PB1995PLC017119
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Company No.
017119
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
09 Oct 1995
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Asia Spintex?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raj Kumar
|
Whole-Time Director | 14-Sep-2002 | Current |
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Darshan Singla
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Whole-Time Director | 01-Nov-2013 | Current |
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Ramesh Garg
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Whole-Time Director | 04-Dec-2019 | Current |
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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What is the Ownership and Shareholding Structure of Asia Spintex?
In 2020, Asia Spintex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Samana Cotspin LtdRaj Kumar is a mutual person
Charges (Loans)
₹1.98 Cr
₹4.36 Cr
Charges Breakdown by Lending Institutions
- Others : 1.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2003 | Others | ₹1.98 Cr | Open |
| 23 Dec 2011 | State Bank Of Patiala | ₹2.40 Cr | Satisfied |
| 29 May 2007 | State Bank Of Patiala | ₹1.96 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asia Spintex, 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 Asia Spintex's trajectory.
Rating
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
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.
