Assam Syntex Limited - Due diligence report

A 360° intelligence report on Assam Syntex Limited: trust score, financial health, credit view, compliance, directors, growth and distress s…

1982-10-20 Guwahati, Assam Strike Off Unlisted Active Compliant
Share
AS Assam Syntex Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Assam Syntex Limited — 360° Intelligence Report

Generated from MCA filings & public records
57/100
Trust Score
Moderate

Assam Syntex Limited is assessed as Moderate with a Trust Score of 57/100. Assam Syntex Limited is a public limited state government company incorporated in 1982, operating in the Manufacturing sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Assam Syntex Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
57/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
16/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 2 satisfied (5.98 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Industrial Development Bank Of India1 48.0 cr
State Bank Of India1 48.0 cr
Compliance Score: 16/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Last balance sheet is for Mar 2020 - filings overdue.
  • Litigation present in 2 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
BIMAL CHANDRA DEORI 01234567 Director 01/04/2018 6 yrs Approved
SAILENDRA NATH SARMAH 01234567 Director 01/04/2018 6 yrs Approved
MANVENDRA PRATAP SINGH 01234567 Director 01/04/2018 6 yrs Approved
DIPOK KUMAR BORUAH 01234567 Director 01/04/2018 6 yrs Approved
TARUN CHANDRA SAHARIAH 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • SAILENDRA NATH SARMAH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Assam Industrial Development Corporation Limited
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Assam Industrial Development Corporation Limited Holding Company 74.00%

Key managerial personnel: BIMAL CHANDRA DEORI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 45
Growth signals & trust indicators
Profit expanded 38% year-on-year.
Operating for 43+ years.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 1.42 in a year.
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (16/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence37/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
24 May 2022
Director appointed
MANVENDRA PRATAP SINGH (Nominee Director)
Director ceased
ADIL KHAN
25 Feb 2022
Director ceased
OINAM SARANKUMAR SINGH
28 Oct 2021
Director appointed
BIMAL CHANDRA DEORI (Managing Director)
Director ceased
PRASANTA BORA
30 Sep 2020
Last AGM held
Annual general meeting
23 Jul 2020
Director ceased
VIRENDRA MITTAL
31 Mar 2020
Latest balance sheet
Filed with ROC
12 Jun 2019
Director ceased
KRISHNA KUMAR DWIVEDI
09 Jan 2019
Director ceased
GEETIMALA BAISHYA
29 May 2018
Director ceased
VINOD SESHAN
28 Mar 2018
Director ceased
SWAPNANIL BARUA
15 Nov 2017
Director ceased
MRINAL KANTI DAS
14 Aug 2015
Director appointed
SAILENDRA NATH SARMAH (Nominee Director)
Director ceased
DINESH CHANDRA DAS
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Net worth is positive.
5 active director(s) / partner(s); review board churn before relying on management continuity.
2 active GST registration(s) indicate ongoing business operations.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Sree Cotton Mills Limited U17111TZ1979PLC005742 Dindigul, Tamil Nadu, India
Ratan Glitter Industries Limited U50100MH1985PLC036520 Mumbai, Maharashtra, India
Tarunkrishna Cotsspin India Private Limited U17111TZ2005PTC012399 Coimbatore, Tamil Nadu, India
Giriraj Cotex Private Limited U17111GJ2006PTC048764 Rajkot, Gujarat, India
Wellknown Synthetics Private Limited U17110MH1997PTC110093 Mumbai, Maharashtra, India
Shree Ram Cotspin Private Limited U17122WB2007PTC114910 Kolkata, West Bengal, India
J.K. Jain Garmentex (India) Private Limited U18101DL2003PTC120702 Delhi, Delhi, India
Malotex Cottons Private Limited U17309WB2018PTC228001 Nayasarai, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Assam Syntex Limited before audits and certifications: compliance score 16/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Assam Syntex Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Assam Syntex Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 57/100, distress signals and MSME payment-delay disclosures - know whether Assam Syntex Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Assam Syntex Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Assam Syntex Limited an active company?

Assam Syntex Limited has MCA status “Strike Off” with a compliance score of 16/100 (Caution Indicated).

Is Assam Syntex Limited financially healthy?

Assam Syntex Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Assam Syntex Limited?

Its overall Trust Score is 57/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Assam Syntex Limited?

The ultimate holding entity is Assam Industrial Development Corporation Limited. 5 active director(s) are on record.

Does Assam Syntex Limited have loans or charges against its assets?

No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Assam Syntex Limited up to date with its ROC filings?

Last balance sheet is for Mar 2020 - filings overdue. Overall compliance score: 16/100 (Caution Indicated).

Is it risky to lend to Assam Syntex Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.