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Company Intelligence Profile

Aastha Spintex Limited

Cotton spinning / yarn manufacturer based in Halvad, Surendranagar, Gujarat.

CIN: U17120GJ2013PTC076361Active; Unlisted Public Limited CompanyRoC Gujarat / AhmedabadConfidence: medium

Last updated 20 August 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Partial / conflicting
Registered nameAastha Spintex Limited
CINU17120GJ2013PTC076361
PANNot available in the public sources reviewed.
StatusActive; Unlisted Public Limited Company (was Private Limited at incorporation, later converted per CIN-suffix evidence). Compliance status: Active Compliant.
ListingNot listed (Unlisted Public Limited Company).
Incorporated12 August 2013 — confirmed.
ROCRoC Gujarat / Ahmedabad.
Sector (NIC)NIC 17120 — "Manufacture of textiles" (spinning, cotton yarn); business description on Tofler: textile and fabric production / textile, leather, apparel manufacturing segment.
Registered addressSurvey No 1441, 1442, 1448/1, 1449, 1450/2 P2 & 1443/P2, Halvad Maliya High Way, Halvad, Surendranagar, Gujarat 363330 — confirmed.
Authorized capital₹45.0 Crore — confirmed.
Paid-up capital₹31.64 Crore.

Business Overview

Confirmed
  • Cotton spinning / yarn manufacturer based in Halvad, Surendranagar, Gujarat
  • Manufactures Combed Yarn, Combed Compact Yarn, and Card Yarn for warp and hosiery applications
  • Positions itself on vertical integration (raw material to finished yarn) and sustainability — states it runs on 100% clean energy (solar and wind) and has ~70% female workforce
  • EPFO-reported headcount ~48
  • Source: aasthaspintex.com (official site) + Tofler business-activity classification
  • No independent secondary source corroborates the site's own sustainability/workforce claims — reported as company self-description, not verified

Directors & KMP

Confirmed
NameDINRoleAppointed
Divyang Jashwant Patel03148915--
Vivek Rasiklal Gothi03149400--
Jashwant Valjibhai Patel00553419--
Indira Suresh Vora10581630Company Secretary since 01-Sep-2017-
Pankajbhai Chaturbhai Amrutiya-Director since 06-Nov-2024-
Anant Bharatbhai Bhatt-Director-
Shyamsunder Kiranbhai Panchal-Director-

Financials

Partial / conflicting
  • Tofler (two financial-summary pages), figures are YoY % changes / ranges rather than absolute values
  • FY ending 31-Mar-2020: Operating revenue range ₹100–500 Cr
  • Revenue +7.93% YoY
  • EBITDA -47.03% YoY
  • Net Profit -33.96% YoY
  • Net worth +6.81% YoY
  • Borrowings -1.65% YoY
  • Total assets +3.72% YoY
  • Gross margin -5.75%
  • Operating margin -5.38%
  • Net profit margin -0.99%
  • ROE -4.04%
  • ROCE -10.87%
  • Debt-to-equity -0.11 (unusual/likely data artifact)
  • Standalone vs consolidated not specified by source (company has no disclosed subsidiaries, so likely standalone)
  • FY2025 filings noted as "available" on Tofler's fuller profile but values not disclosed publicly (paid tier)
  • Confidence: partial — trend directions confirmed across 2 Tofler pages, absolute figures not obtained from any accessible source

Charges & Borrowings

Confirmed
  • 9 total charge records
  • Open charges totaling ₹142.85 Crore
  • Satisfied charges totaling ₹17 Crore
  • individual charge amounts ranging from ₹3.12 Cr to ₹62.33 Cr, lenders listed generically as "Others," dates spanning 2014–2024
  • Specific lender names not obtained

Credit Ratings

Partial / conflicting

India Ratings & Research affirmed "IND BB+ / Stable" on 02 May 2023.

Frequently Asked Questions

What does Aastha Spintex Limited do?
Cotton spinning / yarn manufacturer based in Halvad, Surendranagar, Gujarat.
What is the CIN of Aastha Spintex Limited?
The Corporate Identification Number (CIN) of Aastha Spintex Limited is U17120GJ2013PTC076361.
Where is Aastha Spintex Limited registered?
Aastha Spintex Limited is registered with RoC Gujarat / Ahmedabad (Tofler pages give both "Gujarat" and "Ahmedabad" — same RoC office, minor label inconsistency across pages) — confirmed. Registered address: Survey No 1441, 1442, 1448/1, 1449, 1450/2 P2 & 1443/P2, Halvad Maliya High Way, Halvad, Surendranagar, Gujarat 363330 — confirmed (Tofler; matches official website contact address).
When was Aastha Spintex Limited incorporated?
Aastha Spintex Limited was incorporated on 12 August 2013 — confirmed (Tofler, Falconebiz-redirect, both agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.