Shine Cot-Spin Private Limited

Manufactures cotton yarn with 18,240 spindles in Gujarat, ISO certified.

2015 | Surendra Nagar, Gujarat (India) | Active
Last Updated:

Shine Cot-Spin Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 22.70 Cr
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 54.45 Cr
  • Revenue Growth -25.96%
  • Profit Growth -86.72%
  • Ebitda -31.52%
  • Net Worth 3.22%
  • Total Assets -16.00%

About Shine Cot-Spin

Shine Cot-Spin Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 September 2015 (Nine years and six months 0 days old ). Its registered office is in Surendra Nagar, Gujarat, India.

The Company is engaged in the Appreal & Fashion 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 25.00 Cr and a paid-up capital of Rs 22.70 Cr.

The company currently has active open charges totaling ₹54.45 Cr.

The Key Managerial Personnel (KMP) at Shine Cot-Spin Private Limited India is Ruchiben Doshi as COMPANY SECRETARY. Ketankumar Patel, Anilbhai Parejiya, Yash Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2015PTC084477

  • Company No.

    084477

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 2015

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Appreal & Fashion

Who are the key members and board of directors at Shine Cot-Spin?

Executive Team (1)

NameDesignationAppointment DateStatus
Ruchiben Doshi Company Secretary01-Aug-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Ketankumar Patel Country flag representing In Director 09-Oct-2015Current
Anilbhai Parejiya Country flag representing In Director 01-Jul-2021Current
Yash Patel Country flag representing In Director 13-Apr-2018Current
Jayeshbhai Patel Country flag representing In Director 11-Sep-2015Current

Financial Performance of Shine Cot-Spin.

Shine Cot-Spin Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.96% decrease. The company also saw a substantial fall in profitability, with a 86.72% decrease in profit. The company's net worth moved up by a moderate rise of 3.22%.

Shine Cot-Spin revenue growth over time
Shine Cot-Spin 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
-25.96%
Revenue from Operations
-25.93%
Total Assets
-16.00%
Profit or Loss
-86.72%
Net Worth
3.22%
EBITDA
-31.52%

What is the Ownership and Shareholding Structure of Shine Cot-Spin?

In 2023, Shine Cot-Spin 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

₹54.45 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 54.45 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2016State Bank Of India₹54.45 CrOpen

How Many Employees Work at Shine Cot-Spin?

Shine Cot-Spin has a workforce of 123 employees as of Apr 07, 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 Shine Cot-Spin Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shine Cot-Spin, 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 Shine Cot-Spin'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 Shine Cot-Spin

Recent activity within the organization

  • Annual General Meeting

    Shine Cot-Spin Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Shine Cot-Spin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Ruchiben Jayeshkumar Doshi was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Anilbhai Talashibhai Parejiya was appointed as a Director was appointed as a Director on 01 Jul 2021 & has been associated with this company since 3 years 8 months .

  • Director Appointment

    Yash Nitinbhai Patel was appointed as a Director was appointed as a Director on 13 Apr 2018 & has been associated with this company since 6 years 10 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 54.45 Cr with Charge ID 100040766 was registered on 29 Jun 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Shine Cot-Spin Private Limited?

    Shine Cot-Spin Private Limited was incorporated on 11 Sep 2015.

  • What is authorized share capital and paid-up capital of Shine Cot-Spin Private Limited?

    The authorized share capital of Shine Cot-Spin Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 22.70 Cr.

  • Who are the current board members & directors of Shine Cot-Spin Private Limited?

    Currently 5 directors are associated with Shine Cot-Spin Private Limited.

    • Ketankumar Dhirajlal Patel
    • Ruchiben Jayeshkumar Doshi
    • Anilbhai Talashibhai Parejiya
    • Yash Nitinbhai Patel
    • Jayeshbhai Kanjibhai Patel
  • What is the registered address of Shine Cot-Spin Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shine Cot-Spin Private Limited is Survey No. 1568P1 1568P2 -Maliya Highway Opp. Aastha Spintex, Dist. Morbi. India, Halvad, Gujarat, 363330.

  • What is the corporate identification number (CIN) and company number of Shine Cot-Spin Private Limited?

    The corporate identification number (CIN) of Shine Cot-Spin Private Limited is U17120GJ2015PTC084477 and the company number is 084477 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shine Cot-Spin Private Limited?

    The Official website of Shine Cot-Spin Private Limited is https://www.shinecotspin.com

  • What has been the recent revenue trend for Shine Cot-Spin Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shine Cot-Spin Private Limited has fallen by -25.96%.

  • How many employees does Shine Cot-Spin Private Limited currently have?

    As Per 2023 financial reports, 123 employees are currently employed by Shine Cot-Spin Private Limited.

  • What change has been observed in the net worth of Shine Cot-Spin Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shine Cot-Spin Private Limited has experienced an upsurge of 3.22%.

  • What are the total open charges for Shine Cot-Spin Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shine Cot-Spin Private Limited amount to ₹ 54.45 Cr.

  • When was the last Balance Sheet of Shine Cot-Spin Private Limited filed with the ROC?

    The most recent Balance Sheet for Shine Cot-Spin Private Limited was filed with the ROC on 31 Mar 2024.