Indo Cotspin Limited

Manufactures and trades non-woven products such as artificial turf, fabrics, and doormats.

1995 | Panipat, Haryana (India) | Active
Last Updated:

Indo Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.14 Cr
  • Company Age 30 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.11 Cr
  • Satisfied Charges ₹ 7.80 M
  • Revenue Growth -2.20%
  • Profit Growth 82.88%
  • Ebitda 18.99%
  • Net Worth 3.88%
  • Total Assets 9.00%

About Indo Cotspin

Indo Cotspin Limited (ICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 February 1995 and has a history of 30 years. Its registered office is in Panipat, Haryana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538838.

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 10.00 Cr and a paid-up capital of Rs 7.14 Cr.

The company currently has active open charges totaling ₹4.11 Cr. The company has closed loans amounting to ₹7.80 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indo Cotspin Limited India are Vijay Pal as CFO and Bhavnesh as Company Secretary. Raj Aggarwal, Bal Kishan, Arpan Aggarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Panipat, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indocotspin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17111HR1995PLC032541

  • Company No.

    032541

  • Stock Symbol

    BSE : 538838

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1995

  • Date of AGM

    02 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Indo Cotspin Limited offer?

Indo Cotspin Limited offers a wide range of products and services, including Carpets & Rugs, Room Carpet, Industrial Fabrics and Textiles, Non Woven Fabric, Carpets.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Bal Kishan Country flag representing In Managing Director08-Feb-1995Current
Vijay Pal Country flag representing In CFO30-May-2014Current
Bhavnesh Company Secretary13-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Shally Aggarwal Country flag representing In Director 25-Mar-2019Current
Sanil Aggarwal Country flag representing In Whole-Time Director 24-Jul-2021Current
Raj Aggarwal Country flag representing In Whole-Time Director 08-Feb-1995Current
Arpan Aggarwal Country flag representing In Whole-Time Director 04-Nov-2005Current
Shubham Singla Country flag representing In Director 25-Mar-2019Current

Financial Performance of Indo Cotspin.

Indo Cotspin Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.2% decrease. The company also saw a substantial improvement in profitability, with a 82.88% increase in profit. The company's net worth moved up by a moderate rise of 3.88%.

Indo Cotspin revenue growth over time
Indo 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
-2.20%
Revenue from Operations
-3.71%
Total Assets
9.00%
Profit or Loss
82.88%
Net Worth
3.88%
EBITDA
18.99%

What is the Ownership and Shareholding Structure of Indo Cotspin?

In 2023, Indo Cotspin had a promoter holding of 59.21% and a public holding of 40.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.11 Cr

Satisfied Charges

₹0.78 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2022Others₹4.00 CrOpen
08 Jun 2022Hdfc Bank Limited₹1.10 MOpen
24 May 2006Union Bank Of India Main Branch₹4.80 MSatisfied
16 Apr 1999Bank Of India₹3.00 MSatisfied

How Many Employees Work at Indo Cotspin?

Indo Cotspin has a workforce of 2 employees as of Apr 06, 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 Indo Cotspin Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Indo Cotspin Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

  • Director Appointment

    Bhavnesh was appointed as a Company Secretary was appointed as a Company Secretary on 13 Aug 2024 & has been associated with this company since 6 months 22 days .

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 28 Jun 2022 with Charge ID 100588840 was modified on 27 Jul 2022.

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100588840 was registered on 28 Jun 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100590238 was registered on 08 Jun 2022.

Frequently asked questions

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

    Indo Cotspin Limited was incorporated on 08 Feb 1995.

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

    The authorized share capital of Indo Cotspin Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.14 Cr.

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

    Currently 8 directors are associated with Indo Cotspin Limited.

    • Raj Pal Aggarwal
    • Bal Aggarwal Kishan
    • Arpan Aggarwal
    • Sanil Aggarwal
    • Shubham Singla
    • Shally Aggarwal
    • Vijay Pal
    • Bhavnesh

  • What is the registered address of Indo Cotspin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indo Cotspin Limited is Delhi Milestone 78 K.M Nh-44 Opp. Village Jhattipur, Icd Jhattipur India, Panipat, Haryana, 132103.

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

    The corporate identification number (CIN) of Indo Cotspin Limited is L17111HR1995PLC032541 and the company number is 032541 as per Ministry of Corporate Affairs (MCA).

  • Is Indo Cotspin Limited registered with any stock exchange in India?

    Yes, Indo Cotspin Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Indo Cotspin Limited?

    The Official website of Indo Cotspin Limited is https://www.indocotspin.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Indo Cotspin Limited has fallen by -2.20%.

  • How many employees does Indo Cotspin Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Indo Cotspin Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Indo Cotspin Limited has experienced an upsurge of 3.88%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Indo Cotspin Limited amount to ₹ 4.11 Cr.

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

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

People also Viewed

Similar Companies Based on Textile & Fabric Production