Tathastu Spintex Private Limited

Manufactures cotton yarn and setting up a power plant for sustainable energy production.

2015 | Rajkot, Gujarat (India) | Active
Last Updated: November 15, 2024

Tathastu Spintex Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 22.42 Cr
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 122.19 Cr
  • Revenue Growth -26.29%
  • Profit Growth -40.89%
  • Ebitda 2.79%
  • Net Worth 11.77%
  • Total Assets -3.17%

About Tathastu Spintex

Tathastu Spintex Private Limited (TSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 2015 (Nine years and nine months 24 days old ). Its registered office is in Rajkot, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 22.42 Cr.

The company currently has active open charges totaling ₹122.19 Cr.

Rajeshbhai Savasani, Ashvinbhai Bhatasna, Hasmukh Bhatasna, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17291GJ2015PTC082868

  • Company No.

    082868

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (5)

Name Designation Appointment Date Status
Rajeshbhai Savasani Country flag representing In Director 21-Nov-2015 Current
Ashvinbhai Bhatasna Country flag representing In Director 10-Apr-2015 Current
Hasmukh Bhatasna Country flag representing In Director 21-Nov-2015 Current
Yash Savsani Country flag representing In Director 08-Jun-2022 Current
Mukeshbhai Savsani Country flag representing In Director 10-Apr-2015 Current

Financial Performance of Tathastu Spintex.

Tathastu Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.29% decrease. The company also saw a substantial fall in profitability, with a 40.89% decrease in profit. The company's net worth Soared by an impressive increase of 11.77%.

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
-26.29%
Revenue from Operations
-24.70%
Total Assets
-3.17%
Profit or Loss
-40.89%
Net Worth
11.77%
EBITDA
2.79%

What is the Ownership and Shareholding Structure of Tathastu Spintex?

In 2023, Tathastu 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

₹122.19 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 120.25 Cr
  • State Bank Of India : 1.94 Cr

Latest Charge Details

Date Lender Amount Status
10 Nov 2022 Others ₹73.80 Cr Open
03 Feb 2020 Others ₹46.45 Cr Open
10 May 2016 State Bank Of India ₹1.94 Cr Open

How Many Employees Work at Tathastu Spintex?

Tathastu Spintex has a workforce of 9 employees as of Apr 03, 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 Tathastu 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 Tathastu 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 Tathastu Spintex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 46.45 Cr registered on 03 Feb 2020 with Charge ID 100320414 was modified on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 73.80 Cr with Charge ID 100642788 was registered on 10 Nov 2022.

    10 Nov 2022

  • Director Appointment

    Yash Rajeshbhai Savsani was appointed as a Director was appointed as a Director on 08 Jun 2022 & has been associated with this company since 2 years 7 months .

    08 Jun 2022

  • Charges

    A charge with State Bank Of India of Rs. 1.94 Cr registered on 10 May 2016 with Charge ID 100025958 was modified on 07 Feb 2020.

    07 Feb 2020

Frequently asked questions

  • Tathastu Spintex Private Limited was incorporated on 10 Apr 2015.

  • The authorized share capital of Tathastu Spintex Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 22.42 Cr.

  • Currently 5 directors are associated with Tathastu Spintex Private Limited.

    • Rajeshbhai Shivjibhai Savasani
    • Ashvinbhai Manjibhai Bhatasna
    • Hasmukh Prabhulal Bhatasna
    • Yash Rajeshbhai Savsani
    • Mukeshbhai Shivjibhai Savsani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tathastu Spintex Private Limited is Survey No 157P1 At Hirapar Tankara Latipar Road, Taluka India, Morbi, Gujarat, 363650.

  • The corporate identification number (CIN) of Tathastu Spintex Private Limited is U17291GJ2015PTC082868 and the company number is 082868 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tathastu Spintex Private Limited is https://www.tathastu-spintex-pvtltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tathastu Spintex Private Limited has fallen by -26.29%.

  • As Per 2023 financial reports, 9 employees are currently employed by Tathastu Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tathastu Spintex Private Limited has experienced an upsurge of 11.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tathastu Spintex Private Limited amount to ₹ 122.19 Cr.

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

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