Oswal Knitting And Spinning Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.55 M
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 39.32 Cr
- Satisfied Charges ₹ 5.60 M
- Revenue Growth 722897.75%
- Profit Growth 500.07%
- Ebitda -916.42%
- Net Worth 110.92%
- Total Assets 21.65%
About Oswal Knitting And Spinning Industries
Oswal Knitting And Spinning Industries Limited (OKASIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1992 and has a history of 32 years and one month. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Fashion And Textile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.55 M.
The company currently has active open charges totaling ₹39.32 Cr. The company has closed loans amounting to ₹5.60 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Jain, Jasbir Singh, and Rajesh Duggal serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17119PB1992PLC012869
- Company No.
012869
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Dec 1992
- Date of AGM
27 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Oswal Knitting And Spinning Industries?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ashok Jain ![]() | Director | 28-Feb-2002 | Current |
Jasbir Singh ![]() | Director | 01-Dec-2020 | Current |
Rajesh Duggal ![]() | Additional Director | 01-Jun-2021 | Current |
Financial Performance of Oswal Knitting And Spinning Industries.
Oswal Knitting And Spinning Industries Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 722897.75% increase. The company also saw a substantial improvement in profitability, with a 500.07% increase in profit. The company's net worth Soared by an impressive increase of 110.92%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations | |||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Oswal Knitting And Spinning Industries?
In 2021, Oswal Knitting And Spinning Industries had a promoter holding of 99.72% and a public holding of 0.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)
₹393.20 M
₹5.60 M
Charges Breakdown by Lending Institutions
- Punjab National Bank : 32.32 Cr
- Canara Bank : 7.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
14 Mar 2010 | Punjab National Bank | ₹32.32 Cr | Open |
13 Sep 2006 | Canara Bank | ₹7.00 Cr | Open |
27 Jul 1995 | Punjab National Bank | ₹5.60 M | Satisfied |
How Many Employees Work at Oswal Knitting And Spinning Industries?
Unlock and access historical data on people associated with Oswal Knitting And Spinning Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Oswal Knitting And Spinning Industries, 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 Oswal Knitting And Spinning Industries'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.