Balchand Cotspin Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.61 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.60 Cr
- Satisfied Charges ₹ 2.80 Cr
- Revenue Growth -53.05%
- Profit Growth -96.39%
- Ebitda -115.58%
- Net Worth 0.81%
- Total Assets -6.65%
About Balchand Cotspin
Balchand Cotspin Private Limited (BCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 May 1994 and has a history of 30 years and ten months. Its registered office is in Firozpur, Punjab, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.61 Cr.
The company currently has active open charges totaling ₹17.60 Cr. The company has closed loans amounting to ₹2.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raghav Sharda and Pushpa Sharda serve as directors at the Company.
Company Details
- Location
Firozpur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15143PB1994PTC014614
- Company No.
014614
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Balchand Cotspin Private Limited offer?
Balchand Cotspin Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton.
Who are the key members and board of directors at Balchand Cotspin?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Sharda  | Director | 15-Sep-2014 | Current |
| Pushpa Sharda | Director | 06-Mar-2008 | Current |
Financial Performance of Balchand Cotspin.
Balchand Cotspin Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.05% decrease. The company also saw a substantial fall in profitability, with a 96.39% decrease in profit. The company's net worth moved up by a moderate rise of 0.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balchand Cotspin?
In 2023, Balchand Cotspin had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Psrs Farming LlpRaghav Sharda and Pushpa Sharda are mutual person
- Rootbasket Agri Llp
Raghav Sharda is a mutual person
Charges (Loans)
Open Charges
₹17.60 Cr
Satisfied Charges
₹2.80 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2010 | State Bank Of India | ₹17.60 Cr | Open |
| 09 Jan 1999 | U.C.O. Bank | ₹2.50 Cr | Satisfied |
| 03 Apr 1995 | Punjab & Sind Bank . | ₹3.00 M | Satisfied |
How Many Employees Work at Balchand Cotspin?
Balchand Cotspin has a workforce of 5 employees as of Mar 29, 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 Balchand 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 Balchand Cotspin'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.
Latest Updates, News, and FAQs on Balchand Cotspin
Recent activity within the organization
- Annual General Meeting
Balchand Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Balchand Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with State Bank Of India of Rs. 17.60 Cr registered on 29 Nov 2010 with Charge ID 10261266 was modified on 31 Aug 2022.
- Charges
A charge registered on 03 Apr 1995 via Charge ID 90182057 with Punjab & Sind Bank . was fully satisfied on 10 Jun 2020.
- Director Appointment
Raghav Sharda was appointed as a Director was appointed as a Director on 15 Sep 2014 & has been associated with this company since 10 years 6 months .
- Charges
A charge registered on 09 Jan 1999 via Charge ID 90182516 with U.C.O. Bank was fully satisfied on 10 Jan 2011.
Frequently asked questions
What is the Incorporation or founding date of Balchand Cotspin Private Limited?
Balchand Cotspin Private Limited was incorporated on 24 May 1994.
What is authorized share capital and paid-up capital of Balchand Cotspin Private Limited?
The authorized share capital of Balchand Cotspin Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.61 Cr.
Who are the current board members & directors of Balchand Cotspin Private Limited?
Currently 2 directors are associated with Balchand Cotspin Private Limited.
- Raghav Sharda
- Pushpa Devi Sharda
What is the registered address of Balchand Cotspin Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Balchand Cotspin Private Limited is Mandi No 1Abohar Distt Ferozepur India, Punjab, 152116.
What is the corporate identification number (CIN) and company number of Balchand Cotspin Private Limited?
The corporate identification number (CIN) of Balchand Cotspin Private Limited is U15143PB1994PTC014614 and the company number is 014614 as per Ministry of Corporate Affairs (MCA).
What is the official website of Balchand Cotspin Private Limited?
The Official website of Balchand Cotspin Private Limited is https://www.balchandcotspin.com
What has been the recent revenue trend for Balchand Cotspin Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Balchand Cotspin Private Limited has fallen by -53.05%.
How many employees does Balchand Cotspin Private Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Balchand Cotspin Private Limited.
What change has been observed in the net worth of Balchand Cotspin Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Balchand Cotspin Private Limited has experienced an upsurge of 0.81%.
What are the total open charges for Balchand Cotspin Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Balchand Cotspin Private Limited amount to ₹ 17.60 Cr.
When was the last Balance Sheet of Balchand Cotspin Private Limited filed with the ROC?
The most recent Balance Sheet for Balchand Cotspin Private Limited was filed with the ROC on 31 Mar 2024.
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