Star Cotspin Limited

Produces polyester yarn for sewing threads used in hosiery garments, jeans, and umbrellas.

1995 | Chittorgarh, Rajasthan (India) | Active
Last Updated:

Star Cotspin Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.14 Cr
  • Company Age 30 Year, 16 Days
  • 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 30 years. 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

  • Location

    Chittorgarh, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119RJ1995PLC009855

  • Company No.

    009855

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 1995

  • Date of AGM

    26 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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.

Company report

Star Cotspin Limited

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

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

Board Members (4)

NameDesignationAppointment DateStatus
Virendra Choudhary Country flag representing In Director 16-Mar-2018Current
Sangeeta Chhajer Country flag representing In Director 18-May-2006Current
Davendra Choudhary Country flag representing In Director 17-Apr-1995Current
Praveen Bolia Country flag representing In Director 15-May-2024Current

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%.

Star Cotspin revenue growth over time
Star 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
-11.68%
Revenue from Operations
-11.86%
Total Assets
5.25%
Profit or Loss
-24.77%
Net Worth
8.38%
EBITDA
-34.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹113.10 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 106.10 Cr
  • Others : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2018Others₹7.00 CrSatisfied
25 Jul 2013Union Bank Of India₹25.00 CrSatisfied
28 Mar 2009Union Bank Of India₹36.10 CrSatisfied
22 May 2007Union Bank Of India₹5.00 CrSatisfied
22 May 2007Union Bank Of India₹20.00 CrSatisfied

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.

Employee growth trends for Star Cotspin Limited

Deals i

Graph showing company valuation over time

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

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 Star Cotspin

Recent activity within the organization

  • Annual General Meeting

    Star Cotspin Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.

  • Director Appointment

    Praveen Bolia was appointed as a Director was appointed as a Director on 15 May 2024 & has been associated with this company since 11 months 18 days .

  • Balance Sheet

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

  • Charges

    A charge registered on 26 Jul 2018 via Charge ID 100222679 with Others was fully satisfied on 18 Mar 2021.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100222679 was registered on 26 Jul 2018.

  • Charges

    A charge registered on 25 Jul 2013 via Charge ID 10442071 with Union Bank Of India was fully satisfied on 17 Jul 2018.

Frequently asked questions

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

    Star Cotspin Limited was incorporated on 17 Apr 1995.

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

    The authorized share capital of Star Cotspin Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.14 Cr.

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

    Currently 4 directors are associated with Star Cotspin Limited.

    • Virendra Singh Choudhary
    • Sangeeta Chhajer
    • Davendra Singh Choudhary
    • Praveen Bolia

  • What is the registered address of Star Cotspin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Star Cotspin Limited is Chogawadi Road Tehsil India, Gangrar, Rajasthan, 312901.

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

    The corporate identification number (CIN) of Star Cotspin Limited is U17119RJ1995PLC009855 and the company number is 009855 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Star Cotspin Limited?

    The Official website of Star Cotspin Limited is https://www.starcotspin.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Star Cotspin Limited has fallen by -11.68%.

  • How many employees does Star Cotspin Limited currently have?

    As Per 2023 financial reports, 455 employees are currently employed by Star Cotspin Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Star Cotspin Limited has experienced an upsurge of 8.38%.

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

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

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