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Texspin Bearings Ltd Location T. Score Charges People Network Registered Details

TEXSPIN BEARINGS LTD

Active
Updated: 09 Oct 2024

Texspin Bearings Ltd, is an unlisted public company incorporated on 08 November, 1995. It is classified as a public limited company and is located in Ahmedabad, Gujarat. It's authorized share capital is INR 5.20 cr and the total paid-up capital is INR 1.50 cr.

Texspin Bearings Ltd's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 18.69% over the previous year. At the same time, it's book networth has increased by 25.18%.

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Industry

Manufacturing (Machinery & Equipments)
Products
  • suspension, and textile components., steering, engine, transmission, two/three wheeler
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
31.76%
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EBITDA
18.69%
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Net Profit
10.6%
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Networth
25.18%
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Borrowings
13.47%
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Assets
20.76%
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Gross Margin
-3.95
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Operating Margin
-1.69
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Net Profit Margin
-1.56
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Return on Equity
-2.78
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ROCE
-1.42
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Debt to Equity
-0.06
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (6)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
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Performance
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 3

Total Amount : 94.0 cr

2

Axis Bank Limited

No. of Loans: 1

Total Amount : 91.8 cr

3

State Bank of India

No. of Loans: 1

Total Amount : 71.5 cr

4

The Federal Bank Limited

No. of Loans: 1

Total Amount : 47.5 cr

5

ICICI Bank Limited

No. of Loans: 2

Total Amount : 5.8 cr

6

Tata Capital Housing Finance Limited

No. of Loans: 1

Total Amount : 0.7 cr

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Charges

The Hongkong and Shanghai Banking Corporation Limited
Axis Bank Limited
State Bank of India
The Federal Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Managing Director Bhupendra Chunilal Makwana
Shareholder
00280714 29 years
Managing Director Dipen Makwana Bhupendra
Shareholder
00502539 20 years
Director Chinmay Nareshkumar Shah 01781160 11 years
Whole-time Director Vishal Bhupendra Makwana
Shareholder
02700425 12 years
Director Divya Nihar Patel 05208845 6 years
Director Karishma Aditya Patel 09224405 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
BORGOSESIA RINGS PVT LTD
Amalgamated
7.0 L 1 Gujarat
MOG TECHNOLOGIES PRIVATE LIMITED
Active
1.0 L 3 Gujarat
TEXSPIN SMITH TECH PRIVATE LIMITED
Not available for efiling
1.0 Cr 2 Gujarat
TEXSPIN TECHNOLOGIES LLP
Active
2.0 Cr 3 Gujarat
SHAH AND SHAH REALTY PRIVATE LIMITED
Active
1.0 L 1 Gujarat
CREDAI - AHMEDABAD
Active
0.0 1 Gujarat
AISHWARYA ORGANISERS PRIVATE LIMITED
Active
1.0 Cr 1 Gujarat
SHREE VASTU NIRMAN REALTY PRIVATE LIMITED
Converted to LLP
1.0 L 1 Gujarat
VR ORGANISERS PRIVATE LIMITED
Strike Off
1.0 L 1 Gujarat
SHREE VASTU NIRMAN REALTY LLP
Active
1.0 L 1 Gujarat
SOLITAIRE 4SQUARE LLP
Active
1.0 L 1 Gujarat
KAKA REALTIES LLP
Active
2.0 L 1 Gujarat
SBR PROCON LLP
Active
1.0 L 1 Gujarat
PRERNA SOLITAIRE INFRA LLP
Active
1.0 L 1 Gujarat
RANPUR VIDYARTHI BHAVAN PRIVATE LIMITED
Active
50.0 L 1 Gujarat
VIKA LIFESTYLE PRIVATE LIMITED
Active
1.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
TEXSPIN SMITH TECH PRIVATE LIMITED Gujarat 2022 ₹ 1.0 Cr

Registered Details

CIN

U29120GJ1995PLC028061

PAN

AAACT5735G

Incorporation

1995, 29.1 years

Company Email

s.parmar@texspin.com

Paid up Capital

₹ 1.5 Cr

Authorised Capital

₹ 5.2 Cr

AGM

Sep 2023

Type

Public
Non-government Company

Last Balance Sheet Date

Mar 2023 Updated on : 09 Oct 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - TEXSPIN BEARINGS LTD

What is the incorporation date of TEXSPIN BEARINGS LTD?

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The incorporation date of TEXSPIN BEARINGS LTD is 08 November, 1995

What is the authorized share capital of TEXSPIN BEARINGS LTD?

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The authorized share capital of TEXSPIN BEARINGS LTD is INR ₹ 5.2 Cr.

What is the paid-up capital of TEXSPIN BEARINGS LTD?

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The paid-up capital of TEXSPIN BEARINGS LTD is INR ₹ 1.5 Cr.

What is the registered address of TEXSPIN BEARINGS LTD?

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The registered address of TEXSPIN BEARINGS LTD is B-804, SHAPATH - IV, OPP KARNAVATI CLUB S.G.HIGHWAY AHMEDABAD Gujarat - 380051

What is the CIN number of TEXSPIN BEARINGS LTD?

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The CIN number of TEXSPIN BEARINGS LTD is U29120GJ1995PLC028061.

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