Oswal Knitting And Spinning Industries Limited

Founded in 1992 and headquartered in Punjab, India.

1992 | Ludhiana, Punjab (India) | Active
Last Updated: January 03, 2025

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

Fashion and Textile
Home & Lifestyle

Who are the key members and board of directors at Oswal Knitting And Spinning Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Jain Country flag representing In Director 28-Feb-2002Current
Jasbir Singh Country flag representing In Director 01-Dec-2020Current
Rajesh Duggal Country flag representing In Additional Director 01-Jun-2021Current

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%.

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
722897.75%
Revenue from Operations
Total Assets
21.65%
Profit or Loss
500.07%
Net Worth
110.92%
EBITDA
-916.42%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹393.20 M

Satisfied Charges

₹5.60 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 32.32 Cr
  • Canara Bank : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2010Punjab National Bank₹32.32 CrOpen
13 Sep 2006Canara Bank₹7.00 CrOpen
27 Jul 1995Punjab National Bank₹5.60 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Oswal Knitting And Spinning Industries

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 70.00 M registered on 13 Sep 2006 with Charge ID 10020668 was modified on 25 May 2022.

    25 May 2022

  • Annual General Meeting

    Oswal Knitting And Spinning Industries Limited last Annual general meeting of members was held on 27 Nov 2021 as per latest MCA records.

    27 Nov 2021

  • Director Appointment

    Rajesh Kumar Duggal was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2021 & has been associated with this company since 3 years 8 months .

    01 Jun 2021

  • Balance Sheet

    Oswal Knitting And Spinning Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Director Appointment

    Jasbir Singh was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 4 years 2 months .

    01 Dec 2020

  • Charges

    A charge with Punjab National Bank of Rs. 323.20 M registered on 14 Mar 2010 with Charge ID 10217046 was modified on 03 May 2011.

    03 May 2011

Frequently asked questions

  • Oswal Knitting And Spinning Industries Limited was incorporated on 29 Dec 1992.

  • The authorized share capital of Oswal Knitting And Spinning Industries Limited is ₹ 3.00 M and paid-up capital is ₹ 2.55 M.

  • Currently 3 directors are associated with Oswal Knitting And Spinning Industries Limited.

    • Ashok Kumar Jain
    • Jasbir Singh
    • Rajesh Kumar Duggal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Knitting And Spinning Industries Limited is 229Industrial Area A Ludhiana India, Punjab, 141003.

  • The corporate identification number (CIN) of Oswal Knitting And Spinning Industries Limited is U17119PB1992PLC012869 and the company number is 012869 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Oswal Knitting And Spinning Industries Limited has risen by 722897.75%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Oswal Knitting And Spinning Industries Limited has experienced an upsurge of 110.92%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Oswal Knitting And Spinning Industries Limited amount to ₹ 39.32 Cr.

  • The most recent Balance Sheet for Oswal Knitting And Spinning Industries Limited was filed with the ROC on 31 Mar 2021.

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