Patiala Cotspin Private Limited

Manufactures coarser cotton yarn for denim, towels, home furnishings, and industrial use.

1997 | Patiala, Punjab (India) | Active
Last Updated:

Patiala Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 8.20 Cr
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.53 Cr
  • Satisfied Charges ₹ 34.20 Cr
  • Revenue Growth -10.37%
  • Profit Growth -67.19%
  • Ebitda -23.78%
  • Net Worth 2.73%
  • Total Assets 0.34%

About Patiala Cotspin

Patiala Cotspin Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 1997 and has a history of 27 years and ten months. Its registered office is in Patiala, Punjab, India.

The Corporate was formerly known as Patiala Cotspin Limited. 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 8.50 Cr and a paid-up capital of Rs 8.20 Cr.

The company currently has active open charges totaling ₹15.53 Cr. The company has closed loans amounting to ₹34.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anoop Goyal, Mohinder Pal, Sohan Lal, and Three other members 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

    U17115PB1997PTC019864

  • Company No.

    019864

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 1997

  • 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 Patiala Cotspin?

Board Members (6)

NameDesignationAppointment DateStatus
Anoop Goyal Country flag representing In Director 24-Jan-2023Current
Mohinder Pal Country flag representing In Whole-Time Director 07-Mar-2001Current
Sohan Lal Country flag representing In Whole-Time Director 07-Mar-2001Current
Kiran Bala Country flag representing In Director 10-Jan-2019Current
Munish Kumar Country flag representing In Director 01-Jun-2021Current
Ashwani Kumar Country flag representing In Director 01-Jun-2021Current

Financial Performance of Patiala Cotspin.

Patiala Cotspin Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.37% decrease. The company also saw a substantial fall in profitability, with a 67.19% decrease in profit. The company's net worth moved up by a moderate rise of 2.73%.

Patiala Cotspin revenue growth over time
Patiala 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
-10.37%
Revenue from Operations
-9.90%
Total Assets
0.34%
Profit or Loss
-67.19%
Net Worth
2.73%
EBITDA
-23.78%

What is the Ownership and Shareholding Structure of Patiala Cotspin?

In 2023, Patiala Cotspin had a promoter holding of 37.40% and a public holding of 62.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.53 Cr

Satisfied Charges

₹34.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.00 Cr
  • Others : 3.00 Cr
  • Hdfc Bank Limited : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2022Hdfc Bank Limited₹1.79 MOpen
11 Mar 2022Others₹1.00 CrOpen
27 Aug 2021Hdfc Bank Limited₹3.50 MOpen
16 Jul 2021Others₹2.00 CrOpen
22 Jun 2005State Bank Of India₹12.00 CrOpen

How Many Employees Work at Patiala Cotspin?

Patiala Cotspin has a workforce of 84 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 Patiala Cotspin Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with State Bank Of India of Rs. 12.00 Cr registered on 22 Jun 2005 with Charge ID 90309717 was modified on 05 Jun 2024.

  • Balance Sheet

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

  • Director Appointment

    Anoop Goyal was appointed as a Director was appointed as a Director on 24 Jan 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100594502 was registered on 31 May 2022.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100560650 was registered on 11 Mar 2022.

Frequently asked questions

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

    Patiala Cotspin Private Limited was incorporated on 30 Apr 1997.

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

    The authorized share capital of Patiala Cotspin Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.20 Cr.

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

    Currently 6 directors are associated with Patiala Cotspin Private Limited.

    • Anoop Goyal
    • Mohinder Pal
    • Sohan Lal
    • Kiran Bala
    • Munish Kumar
    • Ashwani Kumar

  • What is the registered address of Patiala Cotspin Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Patiala Cotspin Private Limited is Patiala Cotspin Limited Kularan Chowk Bhwanigarh Road, India, Samana, Punjab, 147101.

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

    The corporate identification number (CIN) of Patiala Cotspin Private Limited is U17115PB1997PTC019864 and the company number is 019864 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Patiala Cotspin Private Limited has fallen by -10.37%.

  • How many employees does Patiala Cotspin Private Limited currently have?

    As Per 2023 financial reports, 84 employees are currently employed by Patiala Cotspin Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Patiala Cotspin Private Limited has experienced an upsurge of 2.73%.

  • What are the total open charges for Patiala Cotspin Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Patiala Cotspin Private Limited amount to ₹ 15.53 Cr.

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

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

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