New Horizons Cottex Private Limited

Manufacturer and exporter of various fabrics and garments, including wool, cotton, silk, and nylon.

2003 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 15, 2024

New Horizons Cottex Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.33 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 70.48 Cr
  • Revenue Growth 106.87%
  • Profit Growth 126.44%
  • Ebitda -111.42%
  • Net Worth 44.90%
  • Total Assets 5.24%

About New Horizons Cottex

New Horizons Cottex Private Limited (NHCPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2003 and has a history of 21 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as New Horizons Cottex Limited. The Company is engaged in the Fashion And Textile 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 2.50 Cr and a paid-up capital of Rs 2.33 Cr.

The company has closed loans amounting to ₹70.48 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vijay Pai and Vijaypai Sujata serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TN2003PTC064314

  • Company No.

    064314

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at New Horizons Cottex?

Board Members (2)

Name Designation Appointment Date Status
Vijay Pai Country flag representing In Director 21-Dec-2004 Current
Vijaypai Sujata Country flag representing In Director 21-Dec-2004 Current

Financial Performance of New Horizons Cottex.

New Horizons Cottex Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 106.87% increase. The company also saw a substantial improvement in profitability, with a 126.44% increase in profit. The company's net worth Soared by an impressive increase of 44.9%.

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
106.87%
Revenue from Operations
Total Assets
5.24%
Profit or Loss
126.44%
Net Worth
44.90%
EBITDA
-111.42%

What is the Ownership and Shareholding Structure of New Horizons Cottex?

In 2020, New Horizons Cottex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹70.48 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 56.48 Cr
  • Citibank N.A. : 14.00 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2005 Citibank N.A. ₹14.00 Cr Satisfied
26 Feb 2005 State Bank Of India ₹56.48 Cr Satisfied

How Many Employees Work at New Horizons Cottex?

Unlock and access historical data on people associated with New Horizons Cottex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Horizons Cottex, 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 New Horizons Cottex'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 New Horizons Cottex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    New Horizons Cottex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 26 Feb 2005 via Charge ID 90252955 with State Bank Of India was fully satisfied on 14 Jul 2017.

    14 Jul 2017

  • Charges

    A charge with State Bank Of India of Rs. 56.48 Cr registered on 26 Feb 2005 with Charge ID 90252955 was modified on 08 Feb 2014.

    08 Feb 2014

  • Charges

    A charge registered on 30 May 2005 via Charge ID 90255452 with Citibank N.A. was fully satisfied on 26 Jun 2009.

    26 Jun 2009

  • Charges

    A charge with Citibank N.A. amounted to Rs. 14.00 Cr with Charge ID 90255452 was registered on 30 May 2005.

    30 May 2005

Frequently asked questions

  • New Horizons Cottex Private Limited was incorporated on 08 Dec 2003.

  • The authorized share capital of New Horizons Cottex Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.33 Cr.

  • Currently 2 directors are associated with New Horizons Cottex Private Limited.

    • Vijay Madhav Pai
    • Vijaypai Sujata
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Horizons Cottex Private Limited is No.16 Vellaiyan Road Kotturpuram, India, Chennai, Tamil Nadu, 600085.

  • The corporate identification number (CIN) of New Horizons Cottex Private Limited is U18101TN2003PTC064314 and the company number is 064314 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for New Horizons Cottex Private Limited has risen by 106.87%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of New Horizons Cottex Private Limited has experienced an upsurge of 44.90%.

  • The most recent Balance Sheet for New Horizons Cottex Private Limited was filed with the ROC on 31 Mar 2023.

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