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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nachimuthu Loganathan Country flag representing InManaging 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%

Related Corporates (Common Directorship)

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

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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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