Bhagyalakshmi Spintex Private Limited

Textile company providing spinning, weaving, and finishing services with 100 Toyota Airjet Looms.

2012 | Kheda, Gujarat (India) | Active
Last Updated: July 17, 2024

Bhagyalakshmi Spintex Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.70 Cr
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth -17.16%
  • Profit Growth -43.74%
  • Ebitda -50.99%
  • Net Worth 8.28%
  • Total Assets 23.07%

About Bhagyalakshmi Spintex

Bhagyalakshmi Spintex Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2012 and has a history of 12 years and five months. Its registered office is in Kheda, Gujarat, India.

The Corporate was formerly known as Bhagyalakshmi Weavtex Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 11.00 Cr.

The company currently has active open charges totaling ₹38.70 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raghav Agrawal and Satish Khetan serve as directors at the Company.

Company Details

  • Location

    Kheda, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2012PTC071567

  • Company No.

    071567

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2012

  • Date of AGM

    01 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Raghav Agrawal Country flag representing In Director 19-Feb-2018Current
Satish Khetan Country flag representing In Director 16-Aug-2012Current

Financial Performance of Bhagyalakshmi Spintex.

Bhagyalakshmi Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.16% decrease. The company also saw a substantial fall in profitability, with a 43.74% decrease in profit. The company's net worth moved up by a moderate rise of 8.28%.

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
-17.16%
Revenue from Operations
-17.17%
Total Assets
23.07%
Profit or Loss
-43.74%
Net Worth
8.28%
EBITDA
-50.99%

What is the Ownership and Shareholding Structure of Bhagyalakshmi Spintex?

In 2023, Bhagyalakshmi Spintex had a promoter holding of 28.77% and a public holding of 71.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.70 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.70 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2021Others₹5.90 CrOpen
20 Apr 2017Others₹32.80 CrOpen
13 Mar 2018Ifci Limited₹25.00 CrSatisfied

How Many Employees Work at Bhagyalakshmi Spintex?

Bhagyalakshmi Spintex has a workforce of 20 employees as of Mar 30, 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 Bhagyalakshmi 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 Bhagyalakshmi 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 Bhagyalakshmi Spintex

Recent activity within the organization

  • Annual General Meeting

    Bhagyalakshmi Spintex Private Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records.

    01 Sep 2023

  • Balance Sheet

    Bhagyalakshmi Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.90 Cr with Charge ID 100405904 was registered on 07 Jan 2021.

    07 Jan 2021

  • Charges

    A charge registered on 13 Mar 2018 via Charge ID 100160531 with Ifci Limited was fully satisfied on 18 Dec 2020.

    18 Dec 2020

  • Charges

    A charge with Ifci Limited amounted to Rs. 25.00 Cr with Charge ID 100160531 was registered on 13 Mar 2018.

    13 Mar 2018

  • Director Appointment

    Raghav Kailash Agrawal was appointed as a Director was appointed as a Director on 19 Feb 2018 & has been associated with this company since 6 years 11 months .

    19 Feb 2018

Frequently asked questions

  • Bhagyalakshmi Spintex Private Limited was incorporated on 16 Aug 2012.

  • The authorized share capital of Bhagyalakshmi Spintex Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 11.00 Cr.

  • Currently 2 directors are associated with Bhagyalakshmi Spintex Private Limited.

    • Raghav Kailash Agrawal
    • Satish Omprakash Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagyalakshmi Spintex Private Limited is Unit No-9 Amitara Green Hi-Tech Textiles Park Pvt Ltd. Village-Nayka Navagam- Nayka Road, Kheda, Gujarat, India, 387550.

  • The corporate identification number (CIN) of Bhagyalakshmi Spintex Private Limited is U17120GJ2012PTC071567 and the company number is 071567 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagyalakshmi Spintex Private Limited has fallen by -17.16%.

  • As Per 2023 financial reports, 20 employees are currently employed by Bhagyalakshmi Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagyalakshmi Spintex Private Limited has experienced an upsurge of 8.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagyalakshmi Spintex Private Limited amount to ₹ 38.70 Cr.

  • The most recent Balance Sheet for Bhagyalakshmi Spintex Private Limited was filed with the ROC on 31 Mar 2023.

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