Jagdambay Cotspin Limited

This company manufactures coarse count open end cotton yarn using modern machines in Punjab.

2002 | Patiala, Punjab (India) | Active
Last Updated: December 25, 2024

Jagdambay Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 10.50 Cr
  • Paid Up Capital ₹ 9.56 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.64 Cr
  • Revenue Growth -22.48%
  • Profit Growth -20.05%
  • Ebitda -18.75%
  • Net Worth 4.80%
  • Total Assets 0.57%

About Jagdambay Cotspin

Jagdambay Cotspin Limited (JCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 November 2002 and has a history of 22 years and three months. Its registered office is in Patiala, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 10.50 Cr and a paid-up capital of Rs 9.56 Cr.

The company currently has active open charges totaling ₹20.64 Cr.

Rajesh Kumar, Pardeep Kumar, and Rimpy Goel serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115PB2002PLC034070

  • Company No.

    034070

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Kumar Country flag representing In Director 24-Dec-2012Current
Pardeep Kumar Country flag representing In Whole-Time Director 24-Dec-2012Current
Rimpy Goel Country flag representing In Director 15-Oct-2018Current

Financial Performance of Jagdambay Cotspin.

Jagdambay Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.48% decrease. The company also saw a substantial fall in profitability, with a 20.05% decrease in profit. The company's net worth moved up by a moderate rise of 4.8%.

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
-22.48%
Revenue from Operations
-22.74%
Total Assets
0.57%
Profit or Loss
-20.05%
Net Worth
4.80%
EBITDA
-18.75%

What is the Ownership and Shareholding Structure of Jagdambay Cotspin?

In 2023, Jagdambay Cotspin had a promoter holding of 15.26% and a public holding of 84.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.64 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.64 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2019State Bank Of India₹2.00 CrOpen
01 Mar 2003State Bank Of India₹18.64 CrOpen

How Many Employees Work at Jagdambay Cotspin?

Jagdambay Cotspin has a workforce of 17 employees as of Apr 09, 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 Jagdambay 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 Jagdambay 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 Jagdambay Cotspin

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 18.64 Cr registered on 01 Mar 2003 with Charge ID 90309509 was modified on 05 Aug 2024.

    05 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 2.00 Cr registered on 04 Oct 2019 with Charge ID 100292402 was modified on 06 Nov 2020.

    06 Nov 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100292402 was registered on 04 Oct 2019.

    04 Oct 2019

  • Director Appointment

    Rimpy Goel was appointed as a Director was appointed as a Director on 15 Oct 2018 & has been associated with this company since 6 years 4 months .

    15 Oct 2018

Frequently asked questions

  • Jagdambay Cotspin Limited was incorporated on 15 Nov 2002.

  • The authorized share capital of Jagdambay Cotspin Limited is ₹ 10.50 Cr and paid-up capital is ₹ 9.56 Cr.

  • Currently 3 directors are associated with Jagdambay Cotspin Limited.

    • Rajesh Kumar
    • Pardeep Kumar
    • Rimpy Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jagdambay Cotspin Limited is Bhawanigarh Road India, Samana, Punjab, 147101.

  • The corporate identification number (CIN) of Jagdambay Cotspin Limited is U17115PB2002PLC034070 and the company number is 034070 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jagdambay Cotspin Limited has fallen by -22.48%.

  • As Per 2023 financial reports, 17 employees are currently employed by Jagdambay Cotspin Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jagdambay Cotspin Limited has experienced an upsurge of 4.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jagdambay Cotspin Limited amount to ₹ 20.64 Cr.

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

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