Texspin Bearings Profile
Key Indicators
- Authorised Capital ₹ 5.20 Cr
as on 23-10-2024
- Paid Up Capital ₹ 1.50 Cr
as on 23-10-2024
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 557.52 Cr
as on 23-10-2024
- Satisfied Charges ₹ 92.24 Cr
as on 23-10-2024
- Revenue 32.19%
(FY 2023)
- Profit 10.60%
(FY 2023)
- Ebitda 18.69%
(FY 2023)
- Net Worth 25.18%
(FY 2023)
- Total Assets 20.76%
(FY 2023)
About Texspin Bearings
The Company is engaged in the Automotive 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 5.20 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹557.52 Cr. The company has closed loans amounting to ₹92.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhupendra Makwana, Dipen Bhupendra, Chinmay Shah, and Three other members serve as directors at the Company.
- CIN/LLPIN
U29120GJ1995PLC028061
- Company No.
028061
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Nov 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Texspin Bearings Ltd offer?
Texspin Bearings Ltd offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Automotive Bearings, Clutch, Clutch Parts & Accessories, Clutch Components, Industrial Bearings.
Who are the key members and board of directors at Texspin Bearings?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhupendra Makwana  | Managing Director | 08-Nov-1995 | Current |
| Dipen Bhupendra | Managing Director | 01-Nov-2004 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chinmay Shah | Director | 01-Apr-2014 | Current |
| Vishal Makwana | Whole-Time Director | 01-Jul-2009 | Current |
| Divya Patel | Director | 15-Mar-2019 | Current |
| Karishma Patel | Director | 07-Jul-2021 | Current |
Financial Performance and Corporate Structure Insights of Texspin Bearings.
Texspin Bearings Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 32.19% increase. The company also saw a substantial improvement in profitability, with a 10.6% increase in profit. The company's net worth Soared by an impressive increase of 25.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Texspin Bearings?
In 2023, Texspin Bearings had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Texspin Technologies LlpActive 3 years 9 monthsBhupendra Makwana, Dipen Bhupendra and 1 more are mutual person
- Texspin Smith Tech Private LimitedActive 2 years 8 days
Bhupendra Makwana and Vishal Makwana are mutual person
Mog Technologies Private LimitedActive 10 years 3 monthsBhupendra Makwana, Dipen Bhupendra and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 05 Jul 2024 | ₹7.60 M | Open |
Others Creation Date: 05 Apr 2024 | ₹246.29 Cr | Open |
Others Creation Date: 15 Sep 2023 | ₹5.00 Cr | Open |
How Many Employees Work at Texspin Bearings?
Texspin Bearings has a workforce of 584 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Texspin Bearings, 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 Texspin Bearings'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.
