Company Intelligence Profile
Aastha Spintex Limited
Cotton spinning / yarn manufacturer based in Halvad, Surendranagar, Gujarat.
Last updated 6 September 2026
Aastha Spintex Limited, incorporated in 2013, is a cotton spinning and yarn manufacturer based in Halvad, Surendranagar, Gujarat. It manufactures combed yarn, combed compact yarn, and card yarn for warp and hosiery applications, and emphasises vertical integration from raw material to finished yarn. The company describes running on clean energy from solar and wind. It is an active, unlisted public limited company.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Aastha Spintex Limited |
|---|---|
| CIN | U17120GJ2013PTC076361 |
| PAN | Not available in the public sources reviewed. |
| Status |
|
| 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
- 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
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Divyang Jashwant Patel | 03148915 | - | 12-Aug-2013 |
| Vivek Rasiklal Gothi | 03149400 | - | 12-Aug-2013 |
| Jashwant Valjibhai Patel | 00553419 | - | 15-Jan-2014 |
| Indira Suresh Vora | 10581630 | Company Secretary | 16-Jul-2025 |
| Pankajbhai Chaturbhai Amrutiya | - | Director | 06-Nov-2024 |
| Anant Bharatbhai Bhatt | - | Director | - |
| Shyamsunder Kiranbhai Panchal | - | Director | - |
Financials
- 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
In the News
Aastha Spintex Ltd Share Price Today,, AASTHA Share Price NSE, BSE
businesstoday.in · a month ago
AASTHA SPINTEX LIMITED Share Price
Upstox · a month ago
Aastha Spintex Ltd Peer Comparison – Compare with Others
valueresearchonline.com · a month ago
Aastha Spintex Ltd Locks at Lower Circuit With 9.9% Loss — Sellers Queue, No Buyers in Sight
MarketsMojo · a month ago
Aastha Spintex moves beyond yarn, plans expansion into fabric manufacturing
businesstoday.in · a month ago
Headlines about Aastha Spintex Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Borrowings
- 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
India Ratings & Research affirmed "IND BB+ / Stable" on 02 May 2023.
Legal / Litigation
IndianKanoon search for "Aastha Spintex" returned no matching case results — no litigation found in that database as of this check.
Frequently Asked Questions
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