Excel Cotspin India Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 5.00 M
as on 15-11-2024
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.60 Cr
as on 15-11-2024
- Satisfied Charges ₹ 38.83 Cr
as on 15-11-2024
- Revenue -19.58%
(FY 2023)
- Profit -113.99%
(FY 2023)
- Ebitda -99.08%
(FY 2023)
- Net Worth -2.10%
(FY 2023)
- Total Assets -4.25%
(FY 2023)
About Excel Cotspin India
The Corporate was formerly known as Mercury Spinning Mills Private Limited. 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 2.00 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹18.60 Cr. The company has closed loans amounting to ₹38.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhanabakiyam and Ammasaikutti serve as directors at the Company.
- CIN/LLPIN
U17111TZ1996PTC009042
- Company No.
009042
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- LocationTirupur, Tamil Nadu
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Excel Cotspin India?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhanabakiyam  | Director | 24-Mar-2020 | Current |
| Ammasaikutti | Director | 09-Sep-2002 | Current |
Financial Performance and Corporate Structure Insights of Excel Cotspin India.
Excel Cotspin India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.58% decrease. The company also saw a substantial fall in profitability, with a 113.99% decrease in profit. The company's net worth dipped by a decrease of 2.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Excel Cotspin India?
In 2023, Excel Cotspin India had a promoter holding of 41.24% and a public holding of 58.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Chola Textiles Private LimitedActive 38 years 8 monthsDhanabakiyam and Ammasaikutti are mutual person
Pandian Textile Mills Private LimitedActive 34 years 11 monthsDhanabakiyam and Ammasaikutti are mutual person
- Pallava Spinning Mills Private LimitedActive 27 years 5 months
Dhanabakiyam and Ammasaikutti are mutual person
- Cheran Cotspin Private LimitedActive 8 years 5 months
Dhanabakiyam and Ammasaikutti are mutual person
- Chola Greenenergy Private LimitedActive 3 years 3 months
Dhanabakiyam and Ammasaikutti are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 19 Feb 2020 | ₹18.60 Cr | Open |
Others Creation Date: 26 Feb 2018 | ₹12.50 Cr | Satisfied |
State Bank Of India Creation Date: 03 Nov 2004 | ₹17.22 Cr | Satisfied |
How Many Employees Work at Excel Cotspin India?
Excel Cotspin India has a workforce of 81 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Excel 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 Excel Cotspin India'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.
