Best Cotton Mills Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.51 Cr
- Company Age 9 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 111.89 Cr
- Revenue Growth -33.62%
- Profit Growth -97.47%
- Ebitda -88.90%
- Net Worth 0.92%
- Total Assets 20.49%
About Best Cotton Mills
Best Cotton Mills Private Limited (BCMPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 July 2015 (Nine years and seven months 25 days old ). Its registered office is in Coimbatore, Tamil Nadu, 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 5.00 Cr and a paid-up capital of Rs 4.51 Cr.
The company currently has active open charges totaling ₹111.89 Cr.
Rajkumar Ramasamy and Dhanapal Ramasamy serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17120TZ2015PTC021591
- Company No.
021591
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jul 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Best Cotton Mills Private Limited offer?
Best Cotton Mills Private Limited offers a wide range of products and services, including Dyeing & Printing, Fabric Dyeing Services, Solar & Renewable Energy Products, Windmills & Wind Turbines.
Who are the key members and board of directors at Best Cotton Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajkumar Ramasamy  | Director | 16-Jul-2015 | Current |
| Dhanapal Ramasamy | Director | 16-Jul-2015 | Current |
Financial Performance of Best Cotton Mills.
Best Cotton Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.62% decrease. The company also saw a substantial fall in profitability, with a 97.47% decrease in profit. The company's net worth moved up by a moderate rise of 0.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best Cotton Mills?
In 2023, Best Cotton Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Best Finance Corporation LimitedRajkumar Ramasamy is a mutual person
Charges (Loans)
Open Charges
₹111.89 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 101.89 Cr
- Citi Bank N.A. : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2023 | Citi Bank N.A. | ₹10.00 Cr | Open |
| 27 Sep 2021 | Others | ₹61.89 Cr | Open |
| 10 Jan 2019 | Others | ₹40.00 Cr | Open |
How Many Employees Work at Best Cotton Mills?
Unlock and access historical data on people associated with Best Cotton Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Best Cotton Mills, 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 Best Cotton Mills'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 Best Cotton Mills
Recent activity within the organization
- Annual General Meeting
Best Cotton Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 10.00 Cr with Charge ID 100714020 was registered on 03 May 2023.
- Charges
A charge with Others of Rs. 40.00 Cr registered on 10 Jan 2019 with Charge ID 100232661 was modified on 17 Apr 2023.
- Charges
A charge with Others of Rs. 61.89 Cr registered on 27 Sep 2021 with Charge ID 100492104 was modified on 06 Apr 2023.
- Balance Sheet
Best Cotton Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 61.89 Cr with Charge ID 100492104 was registered on 27 Sep 2021.
Frequently asked questions
What is the Incorporation or founding date of Best Cotton Mills Private Limited?
Best Cotton Mills Private Limited was incorporated on 16 Jul 2015.
What is authorized share capital and paid-up capital of Best Cotton Mills Private Limited?
The authorized share capital of Best Cotton Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.51 Cr.
Who are the current board members & directors of Best Cotton Mills Private Limited?
Currently 2 directors are associated with Best Cotton Mills Private Limited.
- Rajkumar Ramasamy
- Dhanapal Ramasamy
What is the registered address of Best Cotton Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Best Cotton Mills Private Limited is No 89/2 Padmavathipuram Avinashi Road India, Tirupur, Tamil Nadu, 641603.
What is the corporate identification number (CIN) and company number of Best Cotton Mills Private Limited?
The corporate identification number (CIN) of Best Cotton Mills Private Limited is U17120TZ2015PTC021591 and the company number is 021591 as per Ministry of Corporate Affairs (MCA).
What is the official website of Best Cotton Mills Private Limited?
The Official website of Best Cotton Mills Private Limited is https://www.bestcorp.in
What has been the recent revenue trend for Best Cotton Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Best Cotton Mills Private Limited has fallen by -33.62%.
What change has been observed in the net worth of Best Cotton Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Best Cotton Mills Private Limited has experienced an upsurge of 0.92%.
What are the total open charges for Best Cotton Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Best Cotton Mills Private Limited amount to ₹ 111.89 Cr.
When was the last Balance Sheet of Best Cotton Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Best Cotton Mills Private Limited was filed with the ROC on 31 Mar 2023.