Shine Cot-Spin Private Limited

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

2015 | Halvad, Gujarat (India) | Active
Last Updated: July 04, 2024

Shine Cot-Spin Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 22.70 Cr
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 four months 26 days old ). Its registered office is in Halvad, Gujarat, 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 2023. 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. Jayeshbhai Patel, Yash Patel, Ketankumar Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Halvad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Ruchiben Doshi Company Secretary 01-Aug-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Jayeshbhai Patel Country flag representing In Director 11-Sep-2015 Current
Yash Patel Country flag representing In Director 13-Apr-2018 Current
Ketankumar Patel Country flag representing In Director 09-Oct-2015 Current
Anilbhai Parejiya Country flag representing In Director 01-Jul-2021 Current

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%.

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
-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

Date Lender Amount Status
29 Jun 2016 State Bank Of India ₹54.45 Cr Open

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.

Graph showing employee growth trends

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 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shine Cot-Spin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • 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 6 months .

    01 Aug 2022

  • 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 7 months .

    01 Jul 2021

  • 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 9 months .

    13 Apr 2018

  • Charges

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

    29 Jun 2016

Frequently asked questions

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

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

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

    • Jayeshbhai Kanjibhai Patel
    • Ruchiben Jayeshkumar Doshi
    • Yash Nitinbhai Patel
    • Ketankumar Dhirajlal Patel
    • Anilbhai Talashibhai Parejiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shine Cot-Spin Private Limited is Survey No. 1568P1 & 1568P2 Halvad-Maliya Highway Opp. Aastha Spintex Dist. Morbi., Gujarat, India, 363330.

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Shine Cot-Spin Private Limited was filed with the ROC on 31 Mar 2023.

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