Akshar Spintex

Market Cap: Micro Cap
Industry: Textile
ISIN: INE256Z01025
NSEID: AKSHAR
BSEID: 541303

INR

0.59

0.02 (3.51%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 9.61 lacs

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Company CV

About Akshar Spintex Ltd

Akshar Spintex Ltd

Micro Cap

Textile

Akshar Spintex Limited originally incorporated as a Private Limited Company in the name of "Akshar Spintex Private Limited" at Jamnagar, Gujarat on June 19,2013 was subsequently converted into a Public Limited Company and the name of the Company was changed to "Akshar Spintex Limited" on January 5, 2018. The Company is engaged in manufacturing of cotton yarn. The Company manufactures 100% cotton yarn which include combed, semi combed and carded yarn.

Company Coordinates

Company Details

Revenue Survey No. 102/2 Paiki, Plot No 2 Ranuja Road Kalavad Jamnagar Gujarat : 361013

Tel: 91-9825213622

http://www.aksharspintex.in

admin@aksharspintex.in

Registrar Details

Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai

Capital Structure

Present Equity Capital

INR 78.75 Cr

Number of Shares

78.75 Cr

Face Value

INR 1.0

Date

Number
of Shares(Cr)

Equity
Capital (Rs Cr)

Shares Added

Face Value (Rs)

Reason

23-Aug-2024

78.75

487480500

Right Issues

15-Feb-2024

30.00

49998000

Bonus Issue

31-Jul-2023

25.00

224991000

Stock Split

11-May-2018

2.5

25.00

6749000

Public Issues

10-May-2018

1.82

18.25

-5750000

Offer For Sale

09-May-2018

25.00

Public Issue

09-May-2018

2.5

25.00

999000

Public Issue

30-Jul-2015

24.00

further allotment

30-Jul-2015

2.4

24.00

3990000

further allotment

28-Oct-2014

20.01

Right Issues

Shareholding

Shareholding Snapshot

Shareholding Compare (%holding)

Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Harikrushna Shamjibhai Chauhan (0.11%)

Highest Public shareholder

Ankit Jain (1.5%)

Individual Investors Holdings

93.3%

Board of Directors

Period

Management

Designation

Remuneration

Ashokbhai Bhalala

Director

9.7 lacs

Amit Gadhiya

Managing Director

9.0 lacs

Harikrishna Chauhan

Chairman & Wholetime Director

9.5 lacs

Ilaben Paghdar

Executive Director

4.8 lacs

Vipul Patel

Independent Director

Nirala Joshi

Independent Director

Rohit Dobariya

Independent Director

Kishorkumar M Kikani

Company Secretary

Parshotam Lakhabhai Vasoya

Additional Director

Raw Materials

Raw Materials Dashboard

Raw Materials

Amount(Rs Cr)

% of RM Cost

Cotton Bales

73.75835

Cotton Bales

Finished Goods

Finished Goods Dashboard

Finished Goods

Amount(Rs Cr)

% of Sales Turnover

Cotton Yarn

91.02

97.79%

Waste Bales

2.01

2.16%

Scrap

0.04

0.05%

Cotton Yarn

Waste Bales

Scrap

Stock DNA

Revenue and Profits:

Net Sales:

26 Cr

(Quarterly Results - Dec 2024)

Net Profit:

-2 Cr

Industry

Textile

Market cap

INR 46 Cr (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.42

Return on Equity

-5.45%

Price to Book

1.05