Excel Cotspin India Private Limited
Manufactures yarn and fabrics since 1996 in Tamil Nadu.
1996 | Tirupur, Tamil Nadu (India) | Active
Excel Cotspin India Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.60 Cr
- Satisfied Charges ₹ 38.83 Cr
- Revenue Growth -19.58%
- Profit Growth -113.99%
- Ebitda -99.08%
- Net Worth -2.10%
- Total Assets -4.25%
About Excel Cotspin India
Excel Cotspin India Private Limited (ECIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 1996 and has a history of 28 years and six months. Its registered office is in Tirupur, Tamil Nadu.
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.
Company Details
- Location Tirupur, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Manufacturing
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 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
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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.
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- Pallava Spinning Mills Private Limited
Dhanabakiyam and Ammasaikutti are mutual person
- Cheran Cotspin Private Limited
Dhanabakiyam and Ammasaikutti are mutual person
- Chola Greenenergy Private Limited
Dhanabakiyam and Ammasaikutti are mutual person
Charges (Loans)
Open Charges
₹18.60 Cr
Satisfied Charges
₹38.83 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 18.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2020 | Axis Bank Limited | ₹18.60 Cr | Open |
| 26 Feb 2018 | Others | ₹12.50 Cr | Satisfied |
| 03 Nov 2004 | State Bank Of India | ₹17.22 Cr | Satisfied |
| 25 Sep 2003 | Indusind Bank Limited | ₹7.11 Cr | Satisfied |
| 05 Mar 2003 | Indusind Bank Limited | ₹2.00 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.
Latest Updates, News, and FAQs on Excel Cotspin India
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 18.60 Cr registered on 19 Feb 2020 with Charge ID 100327025 was modified on 04 Mar 2024.
- Annual General Meeting
Excel Cotspin India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Excel Cotspin India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 26 Feb 2018 via Charge ID 100184760 with Others was fully satisfied on 31 Aug 2020.
- Director Appointment
Dhanabakiyam was appointed as a Director was appointed as a Director on 24 Mar 2020 & has been associated with this company since 5 years 2 days .
- Charges
A charge with Axis Bank Limited amounted to Rs. 18.60 Cr with Charge ID 100327025 was registered on 19 Feb 2020.
Frequently asked questions
What is the Incorporation or founding date of Excel Cotspin India Private Limited?
Excel Cotspin India Private Limited was incorporated on 25 Sep 1996.
What is authorized share capital and paid-up capital of Excel Cotspin India Private Limited?
The authorized share capital of Excel Cotspin India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Excel Cotspin India Private Limited?
Currently 2 directors are associated with Excel Cotspin India Private Limited.
- Dhanabakiyam
- Ammasaikutti
What is the registered address of Excel Cotspin India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Excel Cotspin India Private Limited is 21Dharapuram Road Thillai Nagar India, Tirupur, Tamil Nadu, 641608.
What is the corporate identification number (CIN) and company number of Excel Cotspin India Private Limited?
The corporate identification number (CIN) of Excel Cotspin India Private Limited is U17111TZ1996PTC009042 and the company number is 009042 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Excel Cotspin India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Excel Cotspin India Private Limited has fallen by -19.58%.
How many employees does Excel Cotspin India Private Limited currently have?
As Per 2023 financial reports, 81 employees are currently employed by Excel Cotspin India Private Limited.
What change has been observed in the net worth of Excel Cotspin India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Excel Cotspin India Private Limited has experienced an downturn of -2.10%.
What are the total open charges for Excel Cotspin India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Excel Cotspin India Private Limited amount to ₹ 18.60 Cr.
When was the last Balance Sheet of Excel Cotspin India Private Limited filed with the ROC?
The most recent Balance Sheet for Excel Cotspin India Private Limited was filed with the ROC on 31 Mar 2023.
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