Star Cotspin Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.14 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 113.10 Cr
- Revenue Growth -11.68%
- Profit Growth -24.77%
- Ebitda -34.91%
- Net Worth 8.38%
- Total Assets 5.25%
About Star Cotspin
Star Cotspin Limited (SCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 April 1995 and has a history of 29 years and nine months. Its registered office is in Chittorgarh, Rajasthan, 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 1.25 Cr and a paid-up capital of Rs 1.14 Cr.
The company has closed loans amounting to ₹113.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Virendra Choudhary, Sangeeta Chhajer, Davendra Choudhary, and One other member serve as directors at the Company.
Company Details
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Location
Chittorgarh, Rajasthan, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17119RJ1995PLC009855
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Company No.
009855
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
17 Apr 1995
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Date of AGM
26 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Jaipur
Industry
What products or services does Star Cotspin Limited offer?
Star Cotspin Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Industrial Polyester Yarn, Yarn, Weaving Yarn, Sewing Threads, Textile Yarn, Knitted Yarn, Polyester Sewing Thread, Polyester Spun Yarn.
Who are the key members and board of directors at Star Cotspin?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virendra Choudhary
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Director | 16-Mar-2018 | Current |
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Sangeeta Chhajer
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Director | 18-May-2006 | Current |
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Davendra Choudhary
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Director | 17-Apr-1995 | Current |
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Praveen Bolia
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Director | 15-May-2024 | Current |
Financial Performance of Star Cotspin.
Star Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.68% decrease. The company also saw a substantial fall in profitability, with a 24.77% decrease in profit. The company's net worth moved up by a moderate rise of 8.38%.
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What is the Ownership and Shareholding Structure of Star Cotspin?
In 2023, Star Cotspin had a promoter holding of 48.82% and a public holding of 51.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Microne Tex Fab Private LimitedVirendra Choudhary is a mutual person
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Udai Shakti Foundation
Virendra Choudhary and Davendra Choudhary are mutual person
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Fxcom Service Llp
Davendra Choudhary is a mutual person
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Vicky Electronics Pvt Ltd
Davendra Choudhary is a mutual person
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Challenger Tradelink (India) Private Limited
Davendra Choudhary is a mutual person
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Facts Tradelink Private Limited
Davendra Choudhary is a mutual person
Charges (Loans)
₹0
₹113.10 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 106.10 Cr
- Others : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2018 | Others | ₹7.00 Cr | Satisfied |
| 25 Jul 2013 | Union Bank Of India | ₹25.00 Cr | Satisfied |
| 28 Mar 2009 | Union Bank Of India | ₹36.10 Cr | Satisfied |
| 22 May 2007 | Union Bank Of India | ₹5.00 Cr | Satisfied |
| 22 May 2007 | Union Bank Of India | ₹20.00 Cr | Satisfied |
How Many Employees Work at Star Cotspin?
Star Cotspin has a workforce of 455 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Star 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 Star Cotspin's trajectory.
Rating
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
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.
