Drashti Cotspin Private Limited

Textile company setting up greenfield project with 14,592 spindles to produce cotton yarn.

2011 | Amreli, Gujarat (India) | Active
Last Updated: December 15, 2024

Drashti Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 12.25 Cr
  • Paid Up Capital ₹ 12.25 Cr
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 34.79 Cr
  • Revenue Growth -5.21%
  • Profit Growth 357.06%
  • Ebitda -36.94%
  • Net Worth 11.64%
  • Total Assets -6.96%

About Drashti Cotspin

Drashti Cotspin Private Limited (DCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 2011 and has a history of 13 years and nine months. Its registered office is in Amreli, Gujarat, 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 12.25 Cr and a paid-up capital of Rs 12.25 Cr.

The company currently has active open charges totaling ₹34.79 Cr.

Vijaykumar Finava, Jenith Finava, Jayvantbhai Finava, and One other member serve as directors at the Company.

Company Details

  • Location

    Amreli, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2011PTC065167

  • Company No.

    065167

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Vijaykumar Finava Country flag representing In Director 27-Apr-2011 Current
Jenith Finava Country flag representing In Director 27-Apr-2011 Current
Jayvantbhai Finava Country flag representing In Director 27-Apr-2011 Current
Brijeshbhai Patel Country flag representing In Director 27-Apr-2011 Current

Financial Performance of Drashti Cotspin.

Drashti Cotspin Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.21% decrease. The company also saw a substantial improvement in profitability, with a 357.06% increase in profit. The company's net worth Soared by an impressive increase of 11.64%.

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
-5.21%
Revenue from Operations
-8.87%
Total Assets
-6.96%
Profit or Loss
357.06%
Net Worth
11.64%
EBITDA
-36.94%

What is the Ownership and Shareholding Structure of Drashti Cotspin?

In 2020, Drashti Cotspin had a promoter holding of 37.24% and a public holding of 62.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.79 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 34.79 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2015 Others ₹34.79 Cr Open

How Many Employees Work at Drashti Cotspin?

Drashti Cotspin has a workforce of 31 employees as of Apr 07, 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 Drashti 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 Drashti 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 Drashti Cotspin

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Drashti Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 34.79 Cr registered on 16 Mar 2015 with Charge ID 10560888 was modified on 11 Apr 2022.

    11 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 34.79 Cr with Charge ID 10560888 was registered on 16 Mar 2015.

    16 Mar 2015

  • Director Appointment

    Vijaykumar Dahyabhai Finava was appointed as a Director was appointed as a Director on 27 Apr 2011 & has been associated with this company since 13 years 9 months .

    27 Apr 2011

  • Director Appointment

    Jenith Jayvantbhai Finava was appointed as a Director was appointed as a Director on 27 Apr 2011 & has been associated with this company since 13 years 9 months .

    27 Apr 2011

Frequently asked questions

  • Drashti Cotspin Private Limited was incorporated on 27 Apr 2011.

  • The authorized share capital of Drashti Cotspin Private Limited is ₹ 12.25 Cr and paid-up capital is ₹ 12.25 Cr.

  • Currently 4 directors are associated with Drashti Cotspin Private Limited.

    • Vijaykumar Dahyabhai Finava
    • Jenith Jayvantbhai Finava
    • Jayvantbhai Dayabhai Finava
    • Brijeshbhai Nanubhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drashti Cotspin Private Limited is S.No. 191/2, Nr. Bajrang Cotton Bhavnagar Road India, Amreli, Gujarat, 365601.

  • The corporate identification number (CIN) of Drashti Cotspin Private Limited is U17120GJ2011PTC065167 and the company number is 065167 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drashti Cotspin Private Limited is https://www.drashticotspin.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Drashti Cotspin Private Limited has fallen by -5.21%.

  • As Per 2020 financial reports, 31 employees are currently employed by Drashti Cotspin Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Drashti Cotspin Private Limited has experienced an upsurge of 11.64%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Drashti Cotspin Private Limited amount to ₹ 34.79 Cr.

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