Gsm Cotspin Private Limited

Textile manufacturer specializing in recycled yarn with 150+ SKUs.

2020 | Panipat, Haryana (India) | Active
Last Updated: November 11, 2024

Gsm Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.47 Cr
  • Revenue Growth 461.01%
  • Profit Growth 540.25%
  • Ebitda 336.56%
  • Net Worth 638.60%
  • Total Assets 132.17%

About Gsm Cotspin

Gsm Cotspin Private Limited (GCPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 December 2020 (Four years and two months 2 days old ). Its registered office is in Panipat, Haryana, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹53.47 Cr.

Vishal Garg and Vikas Garg serve as directors at the Company.

Company Details

  • Location

    Panipat, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115HR2020PTC091458

  • Company No.

    091458

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Vishal Garg Country flag representing In Director 09-Dec-2020 Current
Vikas Garg Country flag representing In Director 09-Dec-2020 Current

Financial Performance of Gsm Cotspin.

Gsm Cotspin Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 461.01% increase. The company also saw a substantial improvement in profitability, with a 540.25% increase in profit. The company's net worth Soared by an impressive increase of 638.6%.

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
461.01%
Revenue from Operations
449.23%
Total Assets
132.17%
Profit or Loss
540.25%
Net Worth
638.60%
EBITDA
336.56%

What is the Ownership and Shareholding Structure of Gsm Cotspin?

In 2023, Gsm Cotspin had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹534.73 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 49.47 Cr
  • Others : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Jun 2023 Others ₹4.00 Cr Open
07 Apr 2021 Hdfc Bank Limited ₹49.47 Cr Open

How Many Employees Work at Gsm Cotspin?

Gsm Cotspin has a workforce of 15 employees as of Nov 11, 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 Gsm 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 Gsm 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 Gsm Cotspin

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 494.73 M registered on 07 Apr 2021 with Charge ID 100455289 was modified on 18 Jun 2024.

    18 Jun 2024

  • Annual General Meeting

    Gsm Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100753443 was registered on 21 Jun 2023.

    21 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 494.73 M with Charge ID 100455289 was registered on 07 Apr 2021.

    07 Apr 2021

  • Director Appointment

    Vishal Garg was appointed as a Director was appointed as a Director on 09 Dec 2020 & has been associated with this company since 4 years 2 months .

    09 Dec 2020

Frequently asked questions

  • Gsm Cotspin Private Limited was incorporated on 09 Dec 2020.

  • The authorized share capital of Gsm Cotspin Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Gsm Cotspin Private Limited.

    • Vishal Garg
    • Vikas Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gsm Cotspin Private Limited is 2/11 P-I Kothi No.2 Sector-11 Part-I, Huda India, Panipat, Haryana, 132103.

  • The corporate identification number (CIN) of Gsm Cotspin Private Limited is U17115HR2020PTC091458 and the company number is 091458 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gsm Cotspin Private Limited is https://www.gsmcotspin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gsm Cotspin Private Limited has risen by 461.01%.

  • As Per 2023 financial reports, 15 employees are currently employed by Gsm Cotspin Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gsm Cotspin Private Limited has experienced an upsurge of 638.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gsm Cotspin Private Limited amount to ₹ 53.47 Cr.

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