Balchand Cotspin Private Limited

Produces and trades yarn, cotton, and agricultural products.

1994 | Punjab, Punjab (India) | Active
Last Updated: June 16, 2024

Balchand Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.61 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 eight months. Its registered office is in Punjab, 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 2023. 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

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 Country flag representing In Director 15-Sep-2014 Current
Pushpa Sharda Country flag representing In 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%.

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
-53.05%
Revenue from Operations
-53.26%
Total Assets
-6.65%
Profit or Loss
-96.39%
Net Worth
0.81%
EBITDA
-115.58%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • 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.

    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.

    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 4 months .

    15 Sep 2014

  • Charges

    A charge registered on 09 Jan 1999 via Charge ID 90182516 with U.C.O. Bank was fully satisfied on 10 Jan 2011.

    10 Jan 2011

Frequently asked questions

  • Balchand Cotspin Private Limited was incorporated on 24 May 1994.

  • The authorized share capital of Balchand Cotspin Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.61 Cr.

  • Currently 2 directors are associated with Balchand Cotspin Private Limited.

    • Raghav Sharda
    • Pushpa Devi Sharda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balchand Cotspin Private Limited is Mandi No 1Abohar Distt Ferozepur, Punjab, India, 152116.

  • 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).

  • The Official website of Balchand Cotspin Private Limited is https://www.balchandcotspin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balchand Cotspin Private Limited has fallen by -53.05%.

  • As Per 2023 financial reports, 5 employees are currently employed by Balchand Cotspin Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balchand Cotspin Private Limited amount to ₹ 17.60 Cr.

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

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