Siddhi Cotspin Limited

Founded in 2015 and headquartered in Gujarat, India.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Siddhi Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 24.90 Cr
  • Paid Up Capital ₹ 19.46 Cr
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 289.81 Cr
  • Satisfied Charges ₹ 26.45 Cr
  • Revenue Growth 190.75%
  • Profit Growth 94.46%
  • Ebitda 39.81%
  • Net Worth 21.50%
  • Total Assets -1.48%

About Siddhi Cotspin

Siddhi Cotspin Limited (SCL) is a Public Limited Indian Non-Government Company incorporated in India on 23 November 2015 (Nine years and five months 20 days old ). Its registered office is in Ahmedabad, 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 2024. It's a company limited by shares with an authorized capital of Rs 24.90 Cr and a paid-up capital of Rs 19.46 Cr.

The company currently has active open charges totaling ₹289.81 Cr. The company has closed loans amounting to ₹26.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Siddhi Cotspin Limited India are Vardhaman Shah as CFO and Asha Parmar as Company Secretary. Navin Saraogi, Sumitkumar Patel, Aayush Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17123GJ2015PLC085135

  • Company No.

    085135

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Siddhi Cotspin Limited

Explore comprehensive data for Siddhi Cotspin Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Navin Saraogi Country flag representing In Managing Director23-Nov-2015Current
Vardhaman Shah CFO11-Jan-2024Current
Asha Parmar Company Secretary25-Sep-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sumitkumar Patel Country flag representing In Director 08-Jan-2024Current
Aayush Shah Country flag representing In Director 08-Jan-2024Current
Aansh Bindal Country flag representing In Whole-Time Director 21-Dec-2023Current
Drashti Solanki Country flag representing In Director 08-Jan-2024Current

Financial Performance of Siddhi Cotspin.

Siddhi Cotspin Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 190.75% increase. The company also saw a substantial improvement in profitability, with a 94.46% increase in profit. The company's net worth Soared by an impressive increase of 21.5%.

Siddhi Cotspin revenue growth over time
Siddhi Cotspin 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
190.75%
Revenue from Operations
191.43%
Total Assets
-1.48%
Profit or Loss
94.46%
Net Worth
21.50%
EBITDA
39.81%

What is the Ownership and Shareholding Structure of Siddhi Cotspin?

In 2024, Siddhi Cotspin had a promoter holding of 79.07% and a public holding of 20.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹289.81 Cr

Satisfied Charges

₹26.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 151.92 Cr
  • State Bank Of India : 137.89 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2023Others₹14.03 CrOpen
03 May 2017Others₹137.89 CrOpen
03 May 2017State Bank Of India₹137.89 CrOpen
06 Feb 2024State Bank Of India₹6.00 CrSatisfied
29 Dec 2021Others₹15.45 CrSatisfied

How Many Employees Work at Siddhi Cotspin?

Siddhi Cotspin has a workforce of 204 employees as of Apr 04, 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 Siddhi Cotspin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Siddhi 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 Siddhi 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 Siddhi Cotspin

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Asha Bhavabhai Parmar was appointed as a Company Secretary was appointed as a Company Secretary on 25 Sep 2024 & has been associated with this company since 7 months 17 days .

  • Charges

    A charge registered on 06 Feb 2024 via Charge ID 100874391 with State Bank Of India was fully satisfied on 23 Sep 2024.

  • Balance Sheet

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

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100874391 was registered on 06 Feb 2024.

  • Director Appointment

    Vardhaman Parimalkumar Shah was appointed as a Cfo was appointed as a Cfo on 11 Jan 2024 & has been associated with this company since 1 year 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Siddhi Cotspin Limited?

    Siddhi Cotspin Limited was incorporated on 23 Nov 2015.

  • What is authorized share capital and paid-up capital of Siddhi Cotspin Limited?

    The authorized share capital of Siddhi Cotspin Limited is ₹ 24.90 Cr and paid-up capital is ₹ 19.46 Cr.

  • Who are the current board members & directors of Siddhi Cotspin Limited?

    Currently 7 directors are associated with Siddhi Cotspin Limited.

    • Navin Saraogi
    • Sumitkumar Jayantibhai Patel
    • Aayush Kamleshbhai Shah
    • Vardhaman Parimalkumar Shah
    • Aansh Rajesh Bindal
    • Drashti Laxmikant Solanki
    • Asha Bhavabhai Parmar
  • What is the registered address of Siddhi Cotspin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Cotspin Limited is Survey 279 280 Unit No.13 Sub Plot No. 18 Sector 3 Of Dholi Integrated Spinning Pa Rk, India, Ahmedabad, Gujarat, 382240.

  • What is the corporate identification number (CIN) and company number of Siddhi Cotspin Limited?

    The corporate identification number (CIN) of Siddhi Cotspin Limited is U17123GJ2015PLC085135 and the company number is 085135 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Siddhi Cotspin Limited?

    The Official website of Siddhi Cotspin Limited is https://www.siddhicotspin.com

  • What has been the recent revenue trend for Siddhi Cotspin Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Siddhi Cotspin Limited has risen by 190.75%.

  • How many employees does Siddhi Cotspin Limited currently have?

    As Per 2024 financial reports, 204 employees are currently employed by Siddhi Cotspin Limited.

  • What change has been observed in the net worth of Siddhi Cotspin Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Siddhi Cotspin Limited has experienced an upsurge of 21.50%.

  • What are the total open charges for Siddhi Cotspin Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Siddhi Cotspin Limited amount to ₹ 289.81 Cr.

  • When was the last Balance Sheet of Siddhi Cotspin Limited filed with the ROC?

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

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