Ahuja Cotspin Private Limited

Manufacturer of cotton yarn and knitted cloth for towels and denim, exporting globally.

2010 | Ludhiana, Punjab (India) | Under Insolvency
Last Updated: January 16, 2025

Ahuja Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 58.00 Cr
  • Paid Up Capital ₹ 57.74 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 448.88 Cr
  • Satisfied Charges ₹ 2.25 Cr
  • Revenue Growth -24.27%
  • Profit Growth 73.89%
  • Ebitda 95.75%
  • Net Worth -152.29%
  • Total Assets -8.61%

About Ahuja Cotspin

Ahuja Cotspin Private Limited (ACPL) is Under Cirp company established on 06 Dec 2010 with its office registered at Ludhiana, Punjab, India and has been running since 14 Year, 2 Months with a paid up capital of 57.74 Cr. According to MCA records, 2 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ahujacotspin.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119PB2010PTC034482

  • Company No.

    034482

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 2010

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Appreal & Fashion

Who are the key members and board of directors at Ahuja Cotspin?

Executive Team (2)

NameDesignationAppointment DateStatus
Gulshan Ahuja Country flag representing In Managing Director06-Dec-2010Current
Charanchitkaur Bagga Company Secretary15-Mar-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Akhil Dawar Country flag representing In Director 19-Feb-2020Current

Financial Performance of Ahuja Cotspin.

Ahuja Cotspin Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.27% decrease. The company also saw a substantial improvement in profitability, with a 73.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 152.29%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.27%
Revenue from Operations
-24.29%
Total Assets
-8.61%
Profit or Loss
73.89%
Net Worth
-152.29%
EBITDA
95.75%

What is the Ownership and Shareholding Structure of Ahuja Cotspin?

In 2021, Ahuja Cotspin had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹448.88 Cr

Satisfied Charges

₹2.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 261.99 Cr
  • Punjab National Bank State Bank Of Pataila Central Bank Of India United Bank Of India : 83.84 Cr
  • Punjab National Bank State Bank Of Pataila Central Bank Of India : 39.90 Cr
  • State Bank Of India : 28.80 Cr
  • State Bank Of India In Consortium With Union Bank Of India : 25.00 Cr
  • Others : 9.35 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2017Others₹10.00 CrOpen
20 Mar 2015Others₹251.99 CrOpen
17 Apr 2014Union Bank Of India₹9.35 CrOpen
17 Apr 2014State Bank Of India In Consortium With Union Bank Of India₹25.00 CrOpen
16 Mar 2013State Bank Of India₹28.80 CrOpen

How Many Employees Work at Ahuja Cotspin?

Ahuja Cotspin has a workforce of 90 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ahuja Cotspin, 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 Ahuja Cotspin's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Ahuja Cotspin

Recent activity within the organization

  • Annual General Meeting

    Ahuja Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ahuja Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.

    31 Mar 2022

  • Director Appointment

    Charanchitkaur Bagga was appointed as a Company Secretary was appointed as a Company Secretary on 15 Mar 2020 & has been associated with this company since 4 years 11 months .

    15 Mar 2020

  • Director Appointment

    Akhil Dawar was appointed as a Director was appointed as a Director on 19 Feb 2020 & has been associated with this company since 5 years 5 days .

    19 Feb 2020

  • Charges

    A charge registered on 24 Jan 2018 via Charge ID 100154486 with Others was fully satisfied on 01 Feb 2019.

    01 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100154486 was registered on 24 Jan 2018.

    24 Jan 2018

Frequently asked questions

  • Ahuja Cotspin Private Limited was incorporated on 06 Dec 2010.

  • The authorized share capital of Ahuja Cotspin Private Limited is ₹ 58.00 Cr and paid-up capital is ₹ 57.74 Cr.

  • Currently 3 directors are associated with Ahuja Cotspin Private Limited.

    • Gulshan Kumar Ahuja
    • Akhil Dawar
    • Charanchitkaur Bagga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ahuja Cotspin Private Limited is B-Vi-I Kucha No.1, Madhopuri India, Ludhiana, Punjab, 141008.

  • The corporate identification number (CIN) of Ahuja Cotspin Private Limited is U17119PB2010PTC034482 and the company number is 034482 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ahuja Cotspin Private Limited is https://www.ahujacotspin.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ahuja Cotspin Private Limited has fallen by -24.27%.

  • As Per 2022 financial reports, 90 employees are currently employed by Ahuja Cotspin Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ahuja Cotspin Private Limited has experienced an downturn of -152.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ahuja Cotspin Private Limited amount to ₹ 448.88 Cr.

  • The most recent Balance Sheet for Ahuja Cotspin Private Limited was filed with the ROC on 31 Mar 2022.

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