Deesan Cotex Private Limited

This company manufactures terry towels and cotton fabric, exports finished towels, and offers yarn doubling services.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Deesan Cotex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.76 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.69 Cr
  • Revenue Growth 58.64%
  • Profit Growth 40.19%
  • Ebitda 14.30%
  • Net Worth -2.84%
  • Total Assets 17.76%

About Deesan Cotex

Deesan Cotex Private Limited (DCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 2007 and has a history of 17 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 5.00 Cr and a paid-up capital of Rs 2.76 Cr.

The company currently has active open charges totaling ₹26.69 Cr.

Hiral Patel and Ketki Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17291MH2007PTC167841

  • Company No.

    167841

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Deesan Cotex?

Board Members (2)

Name Designation Appointment Date Status
Hiral Patel Country flag representing In Director 13-Feb-2007 Current
Ketki Patel Country flag representing In Director 02-Aug-2013 Current

Financial Performance of Deesan Cotex.

Deesan Cotex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.64% increase. The company also saw a substantial improvement in profitability, with a 40.19% increase in profit. The company's net worth dipped by a decrease of 2.84%.

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
58.64%
Revenue from Operations
59.50%
Total Assets
17.76%
Profit or Loss
40.19%
Net Worth
-2.84%
EBITDA
14.30%

What is the Ownership and Shareholding Structure of Deesan Cotex?

In 2023, Deesan Cotex had a promoter holding of 90.41% and a public holding of 9.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.69 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 16.00 Cr
  • Axis Bank Limited : 5.75 Cr
  • Axis Bank Ltd. : 4.94 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2012 Others ₹16.00 Cr Open
16 Jan 2012 Axis Bank Limited ₹5.75 Cr Open
11 Jan 2008 Axis Bank Ltd. ₹4.94 Cr Open

How Many Employees Work at Deesan Cotex?

Deesan Cotex has a workforce of 163 employees as of Mar 24, 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 Deesan Cotex, 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 Deesan Cotex'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 Deesan Cotex

Recent activity within the organization

  • Annual General Meeting

    Deesan Cotex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Deesan Cotex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 16.00 Cr registered on 25 Aug 2012 with Charge ID 10381399 was modified on 20 Jul 2020.

    20 Jul 2020

  • Director Appointment

    Ketki Mukesh Patel was appointed as a Director was appointed as a Director on 02 Aug 2013 & has been associated with this company since 11 years 6 months .

    02 Aug 2013

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 10381399 was registered on 25 Aug 2012.

    25 Aug 2012

  • Charges

    A charge with Axis Bank Limited of Rs. 5.75 Cr registered on 16 Jan 2012 with Charge ID 10334599 was modified on 24 Aug 2012.

    24 Aug 2012

Frequently asked questions

  • Deesan Cotex Private Limited was incorporated on 13 Feb 2007.

  • The authorized share capital of Deesan Cotex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.76 Cr.

  • Currently 2 directors are associated with Deesan Cotex Private Limited.

    • Hiral Chintan Patel
    • Ketki Mukesh Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deesan Cotex Private Limited is Vikas Centre 104 S. V. Road, Santacruz (West) India, Mumbai, Maharashtra, 400054.

  • The corporate identification number (CIN) of Deesan Cotex Private Limited is U17291MH2007PTC167841 and the company number is 167841 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Deesan Cotex Private Limited is https://www.deesangroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Deesan Cotex Private Limited has risen by 58.64%.

  • As Per 2023 financial reports, 163 employees are currently employed by Deesan Cotex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Deesan Cotex Private Limited has experienced an downturn of -2.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Deesan Cotex Private Limited amount to ₹ 26.69 Cr.

  • The most recent Balance Sheet for Deesan Cotex Private Limited was filed with the ROC on 31 Mar 2024.

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