A B Cotspin India Profile
Key Indicators
- Authorised Capital ₹ 24.40 Cr
- Paid Up Capital ₹ 10.49 Cr
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 203.52 Cr
- Satisfied Charges ₹ 205.56 Cr
- Revenue Growth 20.39%
- Profit Growth -71.71%
- Ebitda -26.98%
- Net Worth 9.67%
- Total Assets 80.47%
About A B Cotspin India
A B Cotspin India Limited (ABCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 June 1997 and has a history of 27 years and eight months. Its registered office is in Bathinda, Punjab, India.
The Corporate was formerly known as Ganga Cottex Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 24.40 Cr and a paid-up capital of Rs 10.49 Cr.
The company currently has active open charges totaling ₹203.52 Cr. The company has closed loans amounting to ₹205.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at A B Cotspin India Limited India are Kannu Sharma as COMPANY SECRETARY and Rajinder Garg as Cfo. Ramesh Kumar, Preet Bhatia, Puneet Bhandari, and Two other members serve as directors at the Company.
Company Details
- Location
Bathinda, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L17111PB1997PLC020118
- Company No.
020118
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jun 1997
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at A B Cotspin India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kannu Sharma | Company Secretary | 19-Apr-2021 | Current |
| Rajinder Garg | CFO | 24-Aug-2022 | Current |
Deepak Garg  | Managing Director | 23-Jun-1997 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Kumar | Director | 19-Dec-2016 | Current |
| Preet Bhatia | Director | 09-Mar-2021 | Current |
| Puneet Bhandari | Director | 09-Mar-2021 | Current |
| Manohar Lal | Whole-Time Director | 23-Jun-1997 | Current |
Financial Performance of A B Cotspin India.
A B Cotspin India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.39% increase. The company also saw a substantial fall in profitability, with a 71.71% decrease in profit. The company's net worth moved up by a moderate rise of 9.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of A B Cotspin India?
In 2023, A B Cotspin India had a promoter holding of 34.91% and a public holding of 65.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Drml Buildwell Private LimitedRamesh Kumar and Deepak Garg are mutual person
- Nature Health Biosciences Private Limited
Puneet Bhandari is a mutual person
- Ab Cotton Textiles Private Limited
Manohar Lal and Deepak Garg are mutual person
Charges (Loans)
₹203.52 Cr
₹205.56 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 168.52 Cr
- Yes Bank Limited : 20.00 Cr
- Axis Bank Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2024 | Yes Bank Limited | ₹20.00 Cr | Open |
| 22 Dec 2023 | Axis Bank Limited | ₹15.00 Cr | Open |
| 26 May 2022 | Hdfc Bank Limited | ₹1.15 Cr | Open |
| 28 May 2021 | Hdfc Bank Limited | ₹2.05 M | Open |
| 19 Oct 2020 | Hdfc Bank Limited | ₹1.15 Cr | Open |
How Many Employees Work at A B Cotspin India?
A B Cotspin India has a workforce of 107 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of A B Cotspin India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A B Cotspin India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
