Paras Cotspin Limited
Textile manufacturing and trading, specializing in surgical and blended cotton products.
2006 | Patiala, Punjab (India) | Active
Paras Cotspin Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.50 Cr
- Company Age 18 Year, 7 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 seven 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
- 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
Manufacturing
Paras Cotspin Limited
Explore comprehensive data for Paras Cotspin Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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 Llp
Dinesh Kataria and Krishan Duggal are mutual person
Charges (Loans)
Open Charges
₹16.67 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Paras Cotspin
Recent activity within the organization
- Annual General Meeting
Paras Cotspin Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paras Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100845268 was registered on 21 Dec 2023.
- Charges
A charge registered on 23 Jul 2020 via Charge ID 100362997 with Others was fully satisfied on 21 Dec 2023.
- Charges
A charge with Others of Rs. 5.50 Cr registered on 13 Apr 2007 with Charge ID 10051239 was modified on 21 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100626642 was registered on 11 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Paras Cotspin Limited?
Paras Cotspin Limited was incorporated on 18 Sep 2006.
What is authorized share capital and paid-up capital of Paras Cotspin Limited?
The authorized share capital of Paras Cotspin Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.50 Cr.
Who are the current board members & directors of Paras Cotspin Limited?
Currently 4 directors are associated with Paras Cotspin Limited.
- Dinesh Kumar Kataria
- Krishan Gopal Duggal
- Surinder Kumar
- Nitasha
What is the registered address of Paras Cotspin Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paras Cotspin Limited is Patiala Road India, Samana, Punjab, 147101.
What is the corporate identification number (CIN) and company number of Paras Cotspin Limited?
The corporate identification number (CIN) of Paras Cotspin Limited is U17121PB2006PLC030611 and the company number is 030611 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Paras Cotspin Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Paras Cotspin Limited has fallen by -7.22%.
How many employees does Paras Cotspin Limited currently have?
As Per 2021 financial reports, 13 employees are currently employed by Paras Cotspin Limited.
What change has been observed in the net worth of Paras Cotspin Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Paras Cotspin Limited has experienced an upsurge of 2.05%.
What are the total open charges for Paras Cotspin Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Paras Cotspin Limited amount to ₹ 16.67 Cr.
When was the last Balance Sheet of Paras Cotspin Limited filed with the ROC?
The most recent Balance Sheet for Paras Cotspin Limited was filed with the ROC on 31 Mar 2024.
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