Company Intelligence Profile
Aastha Spintex Limited
Cotton spinning / yarn manufacturer based in Halvad, Surendranagar, Gujarat.
Last updated 20 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Partial / conflicting| Registered name | Aastha Spintex Limited |
|---|---|
| CIN | U17120GJ2013PTC076361 |
| PAN | Not available in the public sources reviewed. |
| Status | Active; Unlisted Public Limited Company (was Private Limited at incorporation, later converted per CIN-suffix evidence). Compliance status: Active Compliant. |
| Listing | Not listed (Unlisted Public Limited Company). |
| Incorporated | 12 August 2013 — confirmed. |
| ROC | RoC 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 address | Survey 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| Name | DIN | Role | Appointed |
|---|---|---|---|
| Divyang Jashwant Patel | 03148915 | - | - |
| Vivek Rasiklal Gothi | 03149400 | - | - |
| Jashwant Valjibhai Patel | 00553419 | - | - |
| Indira Suresh Vora | 10581630 | Company 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 / conflictingIndia Ratings & Research affirmed "IND BB+ / Stable" on 02 May 2023.
Legal / Litigation
ConfirmedIndianKanoon search for "Aastha Spintex" returned no matching case results — no litigation found in that database as of this check.
Frequently Asked Questions
What does Aastha Spintex Limited do?
What is the CIN of Aastha Spintex Limited?
Where is Aastha Spintex Limited registered?
When was Aastha Spintex Limited incorporated?
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.
