Grg Cotspin Limited

Manufactures various types of yarn, including cotton, polyester, and more.

2013 | Delhi (India) | Active
Last Updated:

Grg Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 53.52 Cr
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 292.15 Cr
  • Satisfied Charges ₹ 65.00 Cr
  • Revenue Growth -9.48%
  • Profit Growth 63.31%
  • Ebitda -7.93%
  • Net Worth 4.69%
  • Total Assets -2.06%

About Grg Cotspin

Grg Cotspin Limited (GCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 2013 and has a history of 11 years and nine months. Its registered office is in Delhi, India.

The Corporate was formerly known as Grg Cotspin 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 2024. It's a company limited by shares with an authorized capital of Rs 65.00 Cr and a paid-up capital of Rs 53.52 Cr.

The company currently has active open charges totaling ₹292.15 Cr. The company has closed loans amounting to ₹65.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Grg Cotspin Limited India are Rakesh Kumar as CFO and Nupur Bansal as Company Secretary. Arvind Tuteja, Niraj Jain, Jai Mishra, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17200DL2013PLC255408

  • Company No.

    255408

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing
Company report

Grg Cotspin Limited

Explore comprehensive data for Grg Cotspin Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Rakesh Kumar Country flag representing In CFO01-Dec-2017Current
Nupur Bansal Country flag representing In Company Secretary30-May-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Arvind Tuteja Country flag representing In Director 06-Apr-2015Current
Niraj Jain Country flag representing In Director 15-Jan-2021Current
Jai Mishra Country flag representing In Director 16-Oct-2023Current
Neha Mittal Country flag representing In Director 15-Jan-2021Current

Financial Performance of Grg Cotspin.

Grg Cotspin Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 9.48% decrease. The company also saw a substantial improvement in profitability, with a 63.31% increase in profit. The company's net worth moved up by a moderate rise of 4.69%.

Grg Cotspin revenue growth over time
Grg Cotspin 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
-9.48%
Revenue from Operations
-10.23%
Total Assets
-2.06%
Profit or Loss
63.31%
Net Worth
4.69%
EBITDA
-7.93%

What is the Ownership and Shareholding Structure of Grg Cotspin?

In 2023, Grg Cotspin had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹292.15 Cr

Satisfied Charges

₹65.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 267.65 Cr
  • Indian Bank : 18.50 Cr
  • Tamilnad Mercantile Bank Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2023Indian Bank₹18.50 CrOpen
17 Mar 2017Tamilnad Mercantile Bank Limited₹6.00 CrOpen
03 Oct 2016Sbicap Trustee Company Limited₹100.00 CrOpen
27 Mar 2015Sbicap Trustee Company Limited₹167.65 CrOpen
23 May 2016Others₹40.00 CrSatisfied

How Many Employees Work at Grg Cotspin?

Grg Cotspin has a workforce of 536 employees as of Mar 27, 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.

Employee growth trends for Grg Cotspin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grg 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 Grg 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 Grg Cotspin

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Grg Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Indian Bank amounted to Rs. 18.50 Cr with Charge ID 100841761 was registered on 18 Dec 2023.

  • Director Appointment

    Jai Prakash Mishra was appointed as a Director was appointed as a Director on 16 Oct 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Niraj Kumar Jain was appointed as a Director was appointed as a Director on 15 Jan 2021 & has been associated with this company since 4 years 3 months .

  • Director Appointment

    Neha Mittal was appointed as a Director was appointed as a Director on 15 Jan 2021 & has been associated with this company since 4 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Grg Cotspin Limited?

    Grg Cotspin Limited was incorporated on 16 Jul 2013.

  • What is authorized share capital and paid-up capital of Grg Cotspin Limited?

    The authorized share capital of Grg Cotspin Limited is ₹ 65.00 Cr and paid-up capital is ₹ 53.52 Cr.

  • Who are the current board members & directors of Grg Cotspin Limited?

    Currently 6 directors are associated with Grg Cotspin Limited.

    • Arvind Kumar Tuteja
    • Niraj Kumar Jain
    • Jai Prakash Mishra
    • Rakesh Sharma Kumar
    • Nupur Bansal
    • Neha Mittal

  • What is the registered address of Grg Cotspin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grg Cotspin Limited is 805 Aggarwal Millennium Tower-I Netaji Subhash Place, Pitampura India, Delhi, 110034.

  • What is the corporate identification number (CIN) and company number of Grg Cotspin Limited?

    The corporate identification number (CIN) of Grg Cotspin Limited is U17200DL2013PLC255408 and the company number is 255408 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grg Cotspin Limited?

    The Official website of Grg Cotspin Limited is https://www.grggroup.in

  • What has been the recent revenue trend for Grg Cotspin Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Grg Cotspin Limited has fallen by -9.48%.

  • How many employees does Grg Cotspin Limited currently have?

    As Per 2021 financial reports, 536 employees are currently employed by Grg Cotspin Limited.

  • What change has been observed in the net worth of Grg Cotspin Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Grg Cotspin Limited has experienced an upsurge of 4.69%.

  • What are the total open charges for Grg Cotspin Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Grg Cotspin Limited amount to ₹ 292.15 Cr.

  • When was the last Balance Sheet of Grg Cotspin Limited filed with the ROC?

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

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