Bhuvaneswari Cotspin India Private Limited

This company produces cotton yarn and fabric through knitting, also involved in cotton fiber preparation and operates windmill units.

2003 | Coimbatore Dist, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Bhuvaneswari Cotspin India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 145.70 Cr
  • Satisfied Charges ₹ 15.75 Cr
  • Revenue Growth -31.99%
  • Profit Growth -19.76%
  • Ebitda -18.00%
  • Net Worth 9.07%
  • Total Assets -37.54%

About Bhuvaneswari Cotspin India

Bhuvaneswari Cotspin India Private Limited (BCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 2003 and has a history of 21 years and two months. Its registered office is in Coimbatore Dist, 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹145.70 Cr. The company has closed loans amounting to ₹15.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Loganathan Parameshkumar, Nachimuthu Loganathan, and Sevanthampalayam Subramaniam serve as directors at the Company.

Company Details

  • Location

    Coimbatore Dist, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2003PTC010879

  • Company No.

    010879

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nachimuthu Loganathan Country flag representing In Managing Director05-Dec-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Loganathan Parameshkumar Country flag representing In Director 04-Dec-2003Current
Sevanthampalayam Subramaniam Country flag representing In Director 04-Dec-2003Current

Financial Performance of Bhuvaneswari Cotspin India.

Bhuvaneswari Cotspin India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.99% decrease. The company also saw a substantial fall in profitability, with a 19.76% decrease in profit. The company's net worth moved up by a moderate rise of 9.07%.

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
-31.99%
Revenue from Operations
-32.12%
Total Assets
-37.54%
Profit or Loss
-19.76%
Net Worth
9.07%
EBITDA
-18.00%

What is the Ownership and Shareholding Structure of Bhuvaneswari Cotspin India?

In 2023, Bhuvaneswari Cotspin India 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

₹145.70 Cr

Satisfied Charges

₹15.75 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd : 73.30 Cr
  • Others : 72.40 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2019Others₹16.00 CrOpen
09 Mar 2015Others₹56.40 CrOpen
09 Mar 2006The Karur Vysya Bank Ltd₹73.30 CrOpen
26 Apr 2004Central Bank Of India₹15.75 CrSatisfied

How Many Employees Work at Bhuvaneswari Cotspin India?

Bhuvaneswari Cotspin India has a workforce of 287 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 Bhuvaneswari Cotspin India, 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 Bhuvaneswari Cotspin India'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 Bhuvaneswari Cotspin India

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 56.40 Cr registered on 09 Mar 2015 with Charge ID 10576163 was modified on 22 Nov 2023.

    22 Nov 2023

  • Annual General Meeting

    Bhuvaneswari Cotspin India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bhuvaneswari Cotspin India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100259138 was registered on 27 Mar 2019.

    27 Mar 2019

  • Charges

    A charge registered on 26 Apr 2004 via Charge ID 90004333 with Central Bank Of India was fully satisfied on 19 Mar 2015.

    19 Mar 2015

  • Charges

    A charge with Others amounted to Rs. 56.40 Cr with Charge ID 10576163 was registered on 09 Mar 2015.

    09 Mar 2015

Frequently asked questions

  • Bhuvaneswari Cotspin India Private Limited was incorporated on 04 Dec 2003.

  • The authorized share capital of Bhuvaneswari Cotspin India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 3 directors are associated with Bhuvaneswari Cotspin India Private Limited.

    • Loganathan Parameshkumar
    • Nachimuthu Gounder Loganathan
    • Sevanthampalayam Loganathan Subramaniam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhuvaneswari Cotspin India Private Limited is Sf 225 3 Palladam Roadarulpuram Post Tirupur, Coimbatore Dist, Tamil Nadu, India, 641605.

  • The corporate identification number (CIN) of Bhuvaneswari Cotspin India Private Limited is U17111TZ2003PTC010879 and the company number is 010879 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhuvaneswari Cotspin India Private Limited has fallen by -31.99%.

  • As Per 2023 financial reports, 287 employees are currently employed by Bhuvaneswari Cotspin India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhuvaneswari Cotspin India Private Limited has experienced an upsurge of 9.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhuvaneswari Cotspin India Private Limited amount to ₹ 145.70 Cr.

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

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