Shakti Cotspin Private Limited

A trading company dealing with various types of yarn, fibers, and textiles.

1997 | Mahesana, Gujarat (India) | Active
Last Updated: December 15, 2024

Shakti Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.95 M
  • Company Age 28 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 Cr
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth %
  • Profit Growth -2100.00%
  • Net Worth -0.53%
  • Total Assets -56.65%

About Shakti Cotspin

Shakti Cotspin Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 January 1997 and has a history of 28 years. Its registered office is in Mahesana, Gujarat, India.

The Corporate was formerly known as Jay Shree Tirupati Spintex Private 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 2.00 M and a paid-up capital of Rs 0.95 M.

The company currently has active open charges totaling ₹6.50 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagdishbhai Patel, Kanubhai Patel, and Maheshkumar Patel serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17114GJ1997PTC031531

  • Company No.

    031531

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Shakti Cotspin?

Board Members (3)

NameDesignationAppointment DateStatus
Jagdishbhai Patel Country flag representing In Director 01-Mar-2014Current
Kanubhai Patel Country flag representing In Director 01-Mar-2014Current
Maheshkumar Patel Country flag representing In Director 01-Mar-2014Current

Financial Performance of Shakti Cotspin.

Shakti Cotspin Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 2100% decrease in profit. The company's net worth dipped by a decrease of 0.53%.

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
Revenue from Operations
Total Assets
-56.65%
Profit or Loss
-2100.00%
Net Worth
-0.53%
EBITDA

What is the Ownership and Shareholding Structure of Shakti Cotspin?

In 2022, Shakti Cotspin 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

₹65.00 M

Satisfied Charges

₹35.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 6.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jul 2020Canara Bank₹6.00 MOpen
20 Sep 2018Canara Bank₹5.90 CrOpen
04 Jul 2014The Kukarwada Nagrik Sahkari Bank Limited₹1.00 CrSatisfied
26 Jun 2014The Kukarwada Nagrik Sahakari Bank Limited₹5.00 MSatisfied
03 Nov 2011The Kukarwada Nagrik Sahkari Bank Limited₹1.25 CrSatisfied

How Many Employees Work at Shakti Cotspin?

Unlock and access historical data on people associated with Shakti Cotspin, 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 Shakti 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 Shakti 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 Shakti Cotspin

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 59.00 M registered on 20 Sep 2018 with Charge ID 100233601 was modified on 11 Mar 2022.

    11 Mar 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 6.00 M with Charge ID 100349432 was registered on 08 Jul 2020.

    08 Jul 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 59.00 M with Charge ID 100233601 was registered on 20 Sep 2018.

    20 Sep 2018

  • Charges

    A charge registered on 26 Jun 2014 via Charge ID 10507777 with The Kukarwada Nagrik Sahakari Bank Limited was fully satisfied on 06 Mar 2018.

    06 Mar 2018

Frequently asked questions

  • Shakti Cotspin Private Limited was incorporated on 17 Jan 1997.

  • The authorized share capital of Shakti Cotspin Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.95 M.

  • Currently 3 directors are associated with Shakti Cotspin Private Limited.

    • Jagdishbhai Laljibhai Patel
    • Kanubhai Kamrajbhai Patel
    • Maheshkumar Laljibhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Cotspin Private Limited is Sr No 794/1At Post Vizapur Bhavsor Link Road Vijapur Dist India, Meshana, Gujarat, 382870.

  • The corporate identification number (CIN) of Shakti Cotspin Private Limited is U17114GJ1997PTC031531 and the company number is 031531 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shakti Cotspin Private Limited has experienced an downturn of -0.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shakti Cotspin Private Limited amount to ₹ 6.50 Cr.

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

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