Asian Cotspin Private Limited

Trading yarn and fabrics since 2003, with registered office in Barnala, Punjab.

2003 | Barnala, Punjab (India) | Merged
Last Updated:

Asian Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 235.00 Cr
  • Paid Up Capital ₹ 23.89 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.54 Cr
  • Revenue Growth -89.96%
  • Profit Growth 330.57%
  • Ebitda 37.04%
  • Net Worth -30.34%
  • Total Assets -33.78%

About Asian Cotspin

Asian Cotspin Private Limited (ACPL) is Amalgamated company established on 25 Mar 2003 with its office registered at Barnala, Punjab, India and has been running since 21 Year, 11 Months with a paid up capital of 23.89 Cr. According to MCA records, 2 Directors and 1 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Barnala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51311PB2003PTC025874

  • Company No.

    025874

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2003

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle
Company report

Asian Cotspin Private Limited

Explore comprehensive data for Asian Cotspin Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Taranjot Singh Company Secretary01-Jun-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Davindar Sokhi Country flag representing In Director 14-Mar-2017Current
Sukhdarshan Singh Country flag representing In Director 27-Jul-2021Current

Financial Performance of Asian Cotspin.

Asian Cotspin Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 89.96% decrease. The company also saw a substantial improvement in profitability, with a 330.57% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.34%.

Asian Cotspin revenue growth over time
Asian Cotspin 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
-89.96%
Revenue from Operations
Total Assets
-33.78%
Profit or Loss
330.57%
Net Worth
-30.34%
EBITDA
37.04%

What is the Ownership and Shareholding Structure of Asian Cotspin?

In 2019, Asian Cotspin had a promoter holding of 73.81% and a public holding of 26.19%. The company had 3 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.54 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Punjab State Industrial Develop Corp.Ltd. : 2.27 Cr
  • The Punjab State Industrial Develop. Corporation Ltd. : 2.27 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 1998The Punjab State Industrial Develop Corp.Ltd.₹2.27 CrOpen
18 Jun 1998The Punjab State Industrial Develop. Corporation Ltd.₹2.27 CrOpen

How Many Employees Work at Asian Cotspin?

Unlock and access historical data on people associated with Asian Cotspin, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Asian Cotspin Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asian 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 Asian 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 Asian Cotspin

Recent activity within the organization

  • Annual General Meeting

    Asian Cotspin Private Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

  • Balance Sheet

    Asian Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Taranjot Singh was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Sukhdarshan Singh was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Davindar Singh Sokhi was appointed as a Director was appointed as a Director on 14 Mar 2017 & has been associated with this company since 7 years 11 months .

  • Charges

    A charge with The Punjab State Industrial Develop Corp.Ltd. amounted to Rs. 2.27 Cr with Charge ID 90175895 was registered on 18 Jun 1998.

Frequently asked questions

  • What is the Incorporation or founding date of Asian Cotspin Private Limited?

    Asian Cotspin Private Limited was incorporated on 25 Mar 2003.

  • What is authorized share capital and paid-up capital of Asian Cotspin Private Limited?

    The authorized share capital of Asian Cotspin Private Limited is ₹ 235.00 Cr and paid-up capital is ₹ 23.89 Cr.

  • Who are the current board members & directors of Asian Cotspin Private Limited?

    Currently 3 directors are associated with Asian Cotspin Private Limited.

    • Davindar Singh Sokhi
    • Taranjot Singh
    • Sukhdarshan Singh

  • What is the registered address of Asian Cotspin Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asian Cotspin Private Limited is Arun Memorial Community Cultural Centre Raikot Road India, Barnala, Punjab, 148101.

  • What is the corporate identification number (CIN) and company number of Asian Cotspin Private Limited?

    The corporate identification number (CIN) of Asian Cotspin Private Limited is U51311PB2003PTC025874 and the company number is 025874 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Asian Cotspin Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Asian Cotspin Private Limited has fallen by -89.96%.

  • What change has been observed in the net worth of Asian Cotspin Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Asian Cotspin Private Limited has experienced an downturn of -30.34%.

  • What are the total open charges for Asian Cotspin Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Asian Cotspin Private Limited amount to ₹ 4.54 Cr.

  • When was the last Balance Sheet of Asian Cotspin Private Limited filed with the ROC?

    The most recent Balance Sheet for Asian Cotspin Private Limited was filed with the ROC on 31 Mar 2023.

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