Bhagwati Spintex Private Limited

Manufactures, exports, and supplies a variety of towels, including baby hooded and beach towels.

2013 | Patan, Gujarat (India) | Active
Last Updated:

Bhagwati Spintex Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.05 Cr
  • Revenue Growth -25.87%
  • Profit Growth -99.26%
  • Ebitda -37.69%
  • Net Worth 0.21%
  • Total Assets -44.47%

About Bhagwati Spintex

Bhagwati Spintex Private Limited (BSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 August 2013 and has a history of 11 years and seven months. Its registered office is in Patan, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.47 Cr.

The company currently has active open charges totaling ₹3.05 Cr.

Amrutlal Patel, Rahul Modi, and Natverlal Modi serve as directors at the Company.

Company Details

  • Location

    Patan, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17200GJ2013PTC076593

  • Company No.

    076593

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Bhagwati Spintex Private Limited offer?

Bhagwati Spintex Private Limited offers a wide range of products and services, including Towels, Napkins & Handkerchieves, Face and Hand Towels, Bath Towel, Pool Towel, Towels, Hotel Towel, Cotton Towel.

Company report

Bhagwati Spintex Private Limited

Explore comprehensive data for Bhagwati Spintex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Amrutlal Patel Country flag representing In Director 27-Feb-2018Current
Rahul Modi Country flag representing In Director 27-Aug-2013Current
Natverlal Modi Country flag representing In Director 16-Oct-2014Current

Financial Performance of Bhagwati Spintex.

Bhagwati Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.87% decrease. The company also saw a substantial fall in profitability, with a 99.26% decrease in profit. The company's net worth moved up by a moderate rise of 0.21%.

Bhagwati Spintex revenue growth over time
Bhagwati Spintex 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
-25.87%
Revenue from Operations
-24.54%
Total Assets
-44.47%
Profit or Loss
-99.26%
Net Worth
0.21%
EBITDA
-37.69%

What is the Ownership and Shareholding Structure of Bhagwati Spintex?

In 2022, Bhagwati Spintex had a promoter holding of 75.82% and a public holding of 24.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.05 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 3.05 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2017Sidbi₹3.05 CrOpen

How Many Employees Work at Bhagwati Spintex?

Unlock and access historical data on people associated with Bhagwati Spintex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Bhagwati Spintex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagwati 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 Bhagwati Spintex'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 Bhagwati Spintex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Bhagwati Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Amrutlal Ranchhodbhai Patel was appointed as a Director was appointed as a Director on 27 Feb 2018 & has been associated with this company since 7 years 1 month .

  • Charges

    A charge with Sidbi amounted to Rs. 3.05 Cr with Charge ID 100086734 was registered on 20 Mar 2017.

  • Director Appointment

    Natverlal Sonaji Modi was appointed as a Director was appointed as a Director on 16 Oct 2014 & has been associated with this company since 10 years 6 months .

  • Director Appointment

    Rahul Natvarbhai Modi was appointed as a Director was appointed as a Director on 27 Aug 2013 & has been associated with this company since 11 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Bhagwati Spintex Private Limited?

    Bhagwati Spintex Private Limited was incorporated on 27 Aug 2013.

  • What is authorized share capital and paid-up capital of Bhagwati Spintex Private Limited?

    The authorized share capital of Bhagwati Spintex Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.47 Cr.

  • Who are the current board members & directors of Bhagwati Spintex Private Limited?

    Currently 3 directors are associated with Bhagwati Spintex Private Limited.

    • Amrutlal Ranchhodbhai Patel
    • Rahul Natvarbhai Modi
    • Natverlal Sonaji Modi

  • What is the registered address of Bhagwati Spintex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Spintex Private Limited is Survey No 804 Village - Mujpur Taluka Shankheshwae India, Harij, Gujarat, 384241.

  • What is the corporate identification number (CIN) and company number of Bhagwati Spintex Private Limited?

    The corporate identification number (CIN) of Bhagwati Spintex Private Limited is U17200GJ2013PTC076593 and the company number is 076593 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bhagwati Spintex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Spintex Private Limited has fallen by -25.87%.

  • What change has been observed in the net worth of Bhagwati Spintex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Spintex Private Limited has experienced an upsurge of 0.21%.

  • What are the total open charges for Bhagwati Spintex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Spintex Private Limited amount to ₹ 3.05 Cr.

  • When was the last Balance Sheet of Bhagwati Spintex Private Limited filed with the ROC?

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

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