Paras Cotspin Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.50 Cr
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.67 Cr
- Satisfied Charges ₹ 28.54 Cr
- Revenue Growth -7.22%
- Profit Growth -12.50%
- Ebitda 0.36%
- Net Worth 2.05%
- Total Assets -10.17%
About Paras Cotspin
Paras Cotspin Limited (PCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 September 2006 and has a history of 18 years and five 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 6.00 Cr and a paid-up capital of Rs 5.50 Cr.
The company currently has active open charges totaling ₹16.67 Cr. The company has closed loans amounting to ₹28.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Kataria, Krishan Duggal, Surinder Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Patiala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17121PB2006PLC030611
- Company No.
030611
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Sep 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Paras Cotspin?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Kataria  | Director | 18-Sep-2006 | Current |
| Krishan Duggal | Director | 18-Sep-2006 | Current |
| Surinder Kumar | Director | 18-Sep-2006 | Current |
| Nitasha | Director | 20-Mar-2009 | Current |
Financial Performance of Paras Cotspin.
Paras Cotspin Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.22% decrease. The company also saw a substantial fall in profitability, with a 12.5% decrease in profit. The company's net worth moved up by a moderate rise of 2.05%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Paras Cotspin?
In 2021, Paras Cotspin had a promoter holding of 50.64% and a public holding of 49.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paras Spintex LlpDinesh Kataria and Krishan Duggal are mutual person
Charges (Loans)
₹16.67 Cr
₹28.54 Cr
Charges Breakdown by Lending Institutions
- Others : 16.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2023 | Others | ₹11.00 Cr | Open |
| 11 Nov 2022 | Others | ₹1.73 M | Open |
| 13 Apr 2007 | Others | ₹5.50 Cr | Open |
| 23 Jul 2020 | Others | ₹1.17 Cr | Satisfied |
| 15 Mar 2019 | Others | ₹1.10 Cr | Satisfied |
How Many Employees Work at Paras Cotspin?
Paras Cotspin has a workforce of 13 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paras 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 Paras Cotspin's trajectory.
Rating
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
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.
