Shivom Cotspin Limited

Textile manufacturer specializing in yarn, denim, PC yarns, terry towels, and knitted fabrics.

2003 | Hp, Himachal Pradesh (India) | Active
Last Updated: December 10, 2024

Shivom Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 8.10 Cr
  • Paid Up Capital ₹ 8.10 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.36 Cr
  • Satisfied Charges ₹ 111.86 Cr
  • Revenue Growth -34.60%
  • Profit Growth -236.93%
  • Ebitda -23.65%
  • Net Worth -6.82%
  • Total Assets -14.75%

About Shivom Cotspin

Shivom Cotspin Limited (SCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 2003 and has a history of 21 years and three months. Its registered office is in Hp, Himachal Pradesh.

The Corporate was formerly known as Shivom Cotspin 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 8.10 Cr and a paid-up capital of Rs 8.10 Cr.

The company currently has active open charges totaling ₹41.36 Cr. The company has closed loans amounting to ₹111.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anshul Singla, Ramesh Goyal, and Sharul Bansal serve as directors at the Company.

Company Details

  • Location
    Hp, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110HP2003PLC026490

  • Company No.

    026490

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2003

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Manufacturing

What products or services does Shivom Cotspin Limited offer?

Shivom Cotspin Limited offers a wide range of products and services, including Extraction Plants and Extruders, Extraction Machinery, Towels, Terry Towel, Cotton Yarn, Compact Cotton Yarn, Commercial Property, Commercial Real Estate Service, Apparel Denim Fabric, Denim Fabric.

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

Board Members (3)

Name Designation Appointment Date Status
Ramesh Goyal Country flag representing In Director 01-Jun-2020 Current
Anshul Singla Country flag representing In Director 01-Apr-2019 Current
Sharul Bansal Country flag representing In Whole-Time Director 01-Jul-2018 Current

Financial Performance of Shivom Cotspin.

Shivom Cotspin Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.6% decrease. The company also saw a substantial fall in profitability, with a 236.93% decrease in profit. The company's net worth dipped by a decrease of 6.82%.

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
-34.60%
Revenue from Operations
-34.59%
Total Assets
-14.75%
Profit or Loss
-236.93%
Net Worth
-6.82%
EBITDA
-23.65%

What is the Ownership and Shareholding Structure of Shivom Cotspin?

In 2021, Shivom 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

₹41.36 Cr

Satisfied Charges

₹111.86 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.26 Cr
  • Tata Capital Financial Services Limited : 1.10 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 2017 Tata Capital Financial Services Limited ₹1.10 Cr Open
12 Jun 2017 Hdfc Bank Limited ₹40.26 Cr Open
15 Jun 2021 Hdfc Bank Limited ₹35.00 Cr Satisfied
30 Jan 2018 Others ₹4.74 M Satisfied
26 Oct 2016 Tata Capital Financial Services Limited ₹2.50 Cr Satisfied

How Many Employees Work at Shivom Cotspin?

Shivom Cotspin has a workforce of 76 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 Shivom 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 Shivom 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 Shivom Cotspin

Recent activity within the organization

  • Annual General Meeting

    Shivom Cotspin Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge registered on 15 Jun 2021 via Charge ID 100472406 with Hdfc Bank Limited was fully satisfied on 04 Jun 2024.

    04 Jun 2024

  • Balance Sheet

    Shivom Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.26 Cr registered on 12 Jun 2017 with Charge ID 100115375 was modified on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge registered on 30 Jan 2018 via Charge ID 100184234 with Others was fully satisfied on 29 May 2023.

    29 May 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.00 Cr registered on 15 Jun 2021 with Charge ID 100472406 was modified on 08 Jul 2022.

    08 Jul 2022

Frequently asked questions

  • Shivom Cotspin Limited was incorporated on 29 Oct 2003.

  • The authorized share capital of Shivom Cotspin Limited is ₹ 8.10 Cr and paid-up capital is ₹ 8.10 Cr.

  • Currently 3 directors are associated with Shivom Cotspin Limited.

    • Anshul Singla
    • Ramesh Kumar Goyal
    • Sharul Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shivom Cotspin Limited is Vill. Kheri, P.O. Kala Amb Distt Sirmour India, Hp, Himachal Pradesh.

  • The corporate identification number (CIN) of Shivom Cotspin Limited is U17110HP2003PLC026490 and the company number is 026490 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shivom Cotspin Limited has fallen by -34.60%.

  • As Per 2021 financial reports, 76 employees are currently employed by Shivom Cotspin Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shivom Cotspin Limited has experienced an downturn of -6.82%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Shivom Cotspin Limited amount to ₹ 41.36 Cr.

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

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