Asia Spintex Limited
Textile company specializing in yarns, fibers, and fabrics, established in 1995 in Punjab.
1995 | Punjab, Punjab (India) | Active
Asia Spintex Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.05 Cr
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.98 Cr
- Satisfied Charges ₹ 4.36 Cr
- Revenue Growth 15.74%
- Profit Growth 23.89%
- Ebitda 14.78%
- 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 five 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
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51311PB1995PLC017119
- Company No.
017119
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Oct 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Asia Spintex Limited
Explore comprehensive data for Asia Spintex Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Darshan Singla | Whole-Time Director | 01-Nov-2013 | Current |
| Ramesh Garg | 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 23.89% increase in profit. The company's net worth Soared by an impressive increase of 112.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Asia Spintex?
In 2022, 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)
- Samana Cotspin Ltd
Raj Kumar is a mutual person
Charges (Loans)
Open Charges
₹1.98 Cr
Satisfied Charges
₹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.
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.
- Balance Sheet
Asia Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- 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.
- 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 3 months .
- Charges
A charge registered on 23 Dec 2011 via Charge ID 10330566 with State Bank Of Patiala was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Asia Spintex Limited?
Asia Spintex Limited was incorporated on 09 Oct 1995.
What is authorized share capital and paid-up capital of Asia Spintex Limited?
The authorized share capital of Asia Spintex Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.05 Cr.
Who are the current board members & directors of Asia Spintex Limited?
Currently 3 directors are associated with Asia Spintex Limited.
- Raj Kumar
- Darshan Kumar Singla
- Ramesh Chander Garg
What is the registered address of Asia Spintex Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asia Spintex Limited is Village Samalherilalru Distt Patiala India, Punjab.
What is the corporate identification number (CIN) and company number of Asia Spintex Limited?
The corporate identification number (CIN) of Asia Spintex Limited is U51311PB1995PLC017119 and the company number is 017119 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Asia Spintex Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Asia Spintex Limited has risen by 15.74%.
How many employees does Asia Spintex Limited currently have?
As Per 2022 financial reports, 13 employees are currently employed by Asia Spintex Limited.
What change has been observed in the net worth of Asia Spintex Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Asia Spintex Limited has experienced an upsurge of 112.55%.
What are the total open charges for Asia Spintex Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Asia Spintex Limited amount to ₹ 1.98 Cr.
When was the last Balance Sheet of Asia Spintex Limited filed with the ROC?
The most recent Balance Sheet for Asia Spintex Limited was filed with the ROC on 31 Mar 2024.
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