Partap Spintex Private Limited

Manufactures denim fabrics with spinning and denim units in Punjab, Haryana, and Gujarat.

1989 | Ambala, Haryana (India) | Active
Last Updated:

Partap Spintex Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.19 Cr
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 351.96 Cr
  • Satisfied Charges ₹ 216.53 Cr
  • Revenue Growth -3.20%
  • Profit Growth -60.97%
  • Ebitda -47.09%
  • Net Worth 3.02%
  • Total Assets -1.70%

About Partap Spintex

Partap Spintex Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 1989 and has a history of 35 years and ten months. Its registered office is in Ambala, Haryana, India.

The Corporate was formerly known as Partap Spintex 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 12.00 Cr and a paid-up capital of Rs 11.19 Cr.

The company currently has active open charges totaling ₹351.96 Cr. The company has closed loans amounting to ₹216.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Partap Spintex Private Limited India is Shanu Sharma as COMPANY SECRETARY. Surinder Bansal, Shubham Bansal, and Nandini Bansal serve as directors at the Company.

Company Details

  • Location

    Ambala, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    partapgroup.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15140HR1989PTC030556

  • Company No.

    030556

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1989

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Partap Spintex Private Limited offer?

Partap Spintex Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Jeans Fabric, Real Estate Services, Apparel Denim Fabric, Denim Fabric, Yarn, Jersey & Knitted Fabric, Knitted Fabrics, Petrochemical Refineries.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Surinder Bansal Country flag representing In Managing Director31-Jan-2005Current
Shanu Sharma Company Secretary29-Jan-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Shubham Bansal Country flag representing In Whole-Time Director 01-Apr-2011Current
Nandini Bansal Country flag representing In Whole-Time Director 01-May-2014Current

Financial Performance of Partap Spintex.

Partap Spintex Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.2% decrease. The company also saw a substantial fall in profitability, with a 60.97% decrease in profit. The company's net worth moved up by a moderate rise of 3.02%.

Partap Spintex revenue growth over time
Partap 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
-3.20%
Revenue from Operations
-4.17%
Total Assets
-1.70%
Profit or Loss
-60.97%
Net Worth
3.02%
EBITDA
-47.09%

What is the Ownership and Shareholding Structure of Partap Spintex?

In 2023, Partap 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹351.96 Cr

Satisfied Charges

₹216.53 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 171.73 Cr
  • Others : 142.51 Cr
  • Standard Chartered Bank : 20.45 Cr
  • Tata Capital Financial Services Limited : 17.27 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2024Others₹14.16 CrOpen
19 Mar 2024Others₹17.32 CrOpen
26 Feb 2024Hdfc Bank Limited₹39.50 CrOpen
01 Dec 2023Others₹2.60 MOpen
01 Dec 2023Others₹3.66 CrOpen

How Many Employees Work at Partap Spintex?

Partap Spintex has a workforce of 344 employees as of Mar 29, 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.

Employee growth trends for Partap Spintex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Partap 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 Partap 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 Partap Spintex

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 39.50 Cr registered on 13 Mar 2020 with Charge ID 100333869 was modified on 04 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 92.73 Cr registered on 31 Oct 2022 with Charge ID 100650250 was modified on 03 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 14.16 Cr with Charge ID 100947705 was registered on 04 Jul 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 15.00 Cr registered on 10 May 2023 with Charge ID 100723055 was modified on 09 May 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 5.45 Cr registered on 10 May 2023 with Charge ID 100723054 was modified on 24 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 39.50 Cr registered on 26 Feb 2024 with Charge ID 100882858 was modified on 23 Apr 2024.

Frequently asked questions

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

    Partap Spintex Private Limited was incorporated on 26 Apr 1989.

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

    The authorized share capital of Partap Spintex Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.19 Cr.

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

    Currently 4 directors are associated with Partap Spintex Private Limited.

    • Surinder Paul Bansal
    • Shubham Bansal
    • Nandini Bansal
    • Shanu Sharma

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Partap Spintex Private Limited is 192 K. M. Stone, G. T. Road Vpo Mohra India, Ambala, Haryana, 133004.

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

    The corporate identification number (CIN) of Partap Spintex Private Limited is U15140HR1989PTC030556 and the company number is 030556 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Partap Spintex Private Limited?

    The Official website of Partap Spintex Private Limited is https://www.partapgroup.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Partap Spintex Private Limited has fallen by -3.20%.

  • How many employees does Partap Spintex Private Limited currently have?

    As Per 2023 financial reports, 344 employees are currently employed by Partap Spintex Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Partap Spintex Private Limited has experienced an upsurge of 3.02%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Partap Spintex Private Limited amount to ₹ 351.96 Cr.

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

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

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