Premier Cotspin Profile
Key Indicators
- Authorised Capital ₹ 9.50 Cr
- Paid Up Capital ₹ 8.51 Cr
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.70 Cr
- Satisfied Charges ₹ 32.69 Cr
- Revenue Growth -7.79%
- Profit Growth 112.24%
- Ebitda 10.56%
- Net Worth 5.37%
- Total Assets 5.47%
About Premier Cotspin
Premier Cotspin Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 2006 and has a history of 18 years and 11 months. Its registered office is in Patiala, Punjab, India.
The Corporate was formerly known as Premier 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 9.50 Cr and a paid-up capital of Rs 8.51 Cr.
The company currently has active open charges totaling ₹19.70 Cr. The company has closed loans amounting to ₹32.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishal Garg, Shalini Garg, and Virender Kumar 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
U45202PB2006PTC029915
- Company No.
029915
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Mar 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 Premier Cotspin?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Garg  | Whole-Time Director | 29-Oct-2021 | Current |
| Shalini Garg | Whole-Time Director | 22-Mar-2006 | Current |
| Virender Kumar | Whole-Time Director | 22-Mar-2006 | Current |
Financial Performance of Premier Cotspin.
Premier Cotspin Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.79% decrease. The company also saw a substantial improvement in profitability, with a 112.24% increase in profit. The company's net worth moved up by a moderate rise of 5.37%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Premier Cotspin?
In 2021, Premier Cotspin had a promoter holding of 88.86% and a public holding of 11.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garg Spintex Overseas LlpVishal Garg, Shalini Garg and 1 more are mutual person
- Real Fortune Services Private Limited
Shalini Garg and Virender Kumar are mutual person
Charges (Loans)
₹19.70 Cr
₹32.69 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 19.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2022 | Hdfc Bank Limited | ₹4.00 M | Open |
| 24 Feb 2021 | Hdfc Bank Limited | ₹19.30 Cr | Open |
| 19 May 2022 | Hdfc Bank Limited | ₹0.70 M | Satisfied |
| 08 Jun 2018 | Others | ₹7.83 Cr | Satisfied |
| 05 May 2018 | Others | ₹1.70 M | Satisfied |
How Many Employees Work at Premier Cotspin?
Premier Cotspin has a workforce of 14 employees as of Mar 28, 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 Premier 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 Premier 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.
