Axita Cotton Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 10-07-2024
- Paid Up Capital ₹ 26.09 Cr
as on 10-07-2024
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.00 Cr
as on 10-07-2024
- Satisfied Charges ₹ 62.42 Cr
as on 10-07-2024
- Revenue -32.78%
(FY 2023)
- Profit 17.18%
(FY 2023)
- Ebitda 28.90%
(FY 2023)
- Net Worth 43.57%
(FY 2023)
- Total Assets -25.94%
(FY 2023)
About Axita Cotton
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542285.
The Corporate was formerly known as Axita Cotton Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 26.09 Cr.
The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹62.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Axita Cotton Limited India are Shyamsunder Panchal as COMPANY SECRETARY and Harsh Shah as Cfo. Kushal Patel, Nitinbhai Patel, Kunjal Soni, and Three other members serve as directors at the Company.
- CIN/LLPIN
L17200GJ2013PLC076059
- Company No.
076059
- Stock Symbol
BSE : 542285
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Jul 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Mahesana, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Axita Cotton?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitinbhai Patel  | Managing Director | 16-Jul-2013 | Current |
| Shyamsunder Panchal | Company Secretary | 01-Apr-2023 | Current |
| Harsh Shah | CFO | 03-Sep-2021 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinod Rana | Director | 22-Feb-2022 | Current |
| Kunjal Soni | Director | 22-Feb-2022 | Current |
| Kushal Patel | Director | 16-Jul-2013 | Current |
| Apeksha Vyas | Director | 30-Jun-2022 | Current |
| Utsav Trivedi | Director | 30-Jun-2023 | Current |
Financial Performance and Corporate Structure Insights of Axita Cotton.
Axita Cotton Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.78% decrease. The company also saw a substantial improvement in profitability, with a 17.18% increase in profit. The company's net worth Soared by an impressive increase of 43.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Axita Cotton?
In 2022, Axita Cotton had a promoter holding of 72.37% and a public holding of 27.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Axita Exports Private LimitedActive 8 years 3 monthsKushal Patel and Nitinbhai Patel are mutual person
Yuranus Infrastructure LimitedActive 30 years 9 monthsKushal Patel, Nitinbhai Patel and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 27 Mar 2024 | ₹35.00 Cr | Open |
Others Creation Date: 01 Jan 2021 | ₹13.32 Cr | Satisfied |
Others Creation Date: 29 Sep 2020 | ₹1.50 Cr | Satisfied |
How Many Employees Work at Axita Cotton?
Axita Cotton has a workforce of 2 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Axita Cotton, 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 Axita Cotton'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.
