Fiotex Cotspin Private Limited

This company manufactures cotton yarn with a wide range of counts and has a large production capacity.

2015 | Jamnagar, Gujarat (India) | Active
Last Updated: December 27, 2024

Fiotex Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 52.00 Cr
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 89.90 Cr
  • Satisfied Charges ₹ 79.44 Cr
  • Revenue Growth -30.70%
  • Profit Growth -56.42%
  • Ebitda -8.64%
  • Net Worth 7.87%
  • Total Assets -6.89%

About Fiotex Cotspin

Fiotex Cotspin Private Limited (FCPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2015 (Nine years and eight months 24 days old ). Its registered office is in Jamnagar, 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 2023. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 52.00 Cr.

The company currently has active open charges totaling ₹89.90 Cr. The company has closed loans amounting to ₹79.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fiotex Cotspin Private Limited India is Mayuri Somani as COMPANY SECRETARY. Shaileshbhai Vasnani, Ripple Jamnadas, Rajeshkumar Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fiotex.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17123GJ2015PTC083386

  • Company No.

    083386

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2015

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mayuri Somani Country flag representing In Company Secretary01-Jul-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Shaileshbhai Vasnani Country flag representing In Director 01-Aug-2015Current
Ripple Jamnadas Country flag representing In Director 25-Oct-2016Current
Rajeshkumar Patel Country flag representing In Director 01-Aug-2015Current
Rajnikant Ghodasara Country flag representing In Director 02-Jun-2015Current
Chintan Sitapara Country flag representing In Director 01-Aug-2015Current
Saileshkumar Patel Country flag representing In Director 02-Jun-2015Current

Financial Performance of Fiotex Cotspin.

Fiotex Cotspin Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.7% decrease. The company also saw a substantial fall in profitability, with a 56.42% decrease in profit. The company's net worth moved up by a moderate rise of 7.87%.

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
-30.70%
Revenue from Operations
-30.30%
Total Assets
-6.89%
Profit or Loss
-56.42%
Net Worth
7.87%
EBITDA
-8.64%

What is the Ownership and Shareholding Structure of Fiotex Cotspin?

In 2023, Fiotex Cotspin had a promoter holding of 37.63% and a public holding of 62.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹89.90 Cr

Satisfied Charges

₹79.44 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 89.90 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2024Hdfc Bank Limited₹89.90 CrOpen
25 Apr 2016Sbicap Trustee Company Limited₹79.44 CrSatisfied

How Many Employees Work at Fiotex Cotspin?

Fiotex Cotspin has a workforce of 29 employees as of Apr 05, 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 Fiotex 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 Fiotex 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 Fiotex Cotspin

Recent activity within the organization

  • Charges

    A charge registered on 25 Apr 2016 via Charge ID 100025830 with Sbicap Trustee Company Limited was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 89.90 Cr with Charge ID 100921302 was registered on 09 May 2024.

    09 May 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 79.44 Cr registered on 25 Apr 2016 with Charge ID 100025830 was modified on 21 Nov 2023.

    21 Nov 2023

  • Annual General Meeting

    Fiotex Cotspin Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Balance Sheet

    Fiotex Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 79.44 Cr with Charge ID 100025830 was registered on 25 Apr 2016.

    25 Apr 2016

Frequently asked questions

  • Fiotex Cotspin Private Limited was incorporated on 02 Jun 2015.

  • The authorized share capital of Fiotex Cotspin Private Limited is ₹ 55.00 Cr and paid-up capital is ₹ 52.00 Cr.

  • Currently 7 directors are associated with Fiotex Cotspin Private Limited.

    • Shaileshbhai Govindbhai Vasnani
    • Ripple Patel Jamnadas
    • Rajeshkumar Shivlal Patel
    • Rajnikant Shivlal Ghodasara
    • Chintan Dharamshibhai Sitapara
    • Saileshkumar Maganlal Patel
    • Mayuri Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fiotex Cotspin Private Limited is Survey No. 202 At Sanosara Post - Rupavati, Tal. Dhrol India, Jamnagar, Gujarat, 360110.

  • The corporate identification number (CIN) of Fiotex Cotspin Private Limited is U17123GJ2015PTC083386 and the company number is 083386 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fiotex Cotspin Private Limited is https://www.fiotex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fiotex Cotspin Private Limited has fallen by -30.70%.

  • As Per 2023 financial reports, 29 employees are currently employed by Fiotex Cotspin Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fiotex Cotspin Private Limited has experienced an upsurge of 7.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fiotex Cotspin Private Limited amount to ₹ 89.90 Cr.

  • The most recent Balance Sheet for Fiotex Cotspin Private Limited was filed with the ROC on 31 Mar 2023.

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