Chitale Cotton India Private Limited
About Chitale Cotton India Private Limited
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Chitale Cotton India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ict Cotton Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 14 October 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC209029. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Ict Cotton India Private Limited. It was led by directors Pankaj Shubhkaran Ojha and Mukesh Mohanlal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹36.41 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11,231 (net margin -0.3%) and EBITDA of -₹11,231 (EBITDA margin -0.3%).
Company details
Contact details
Chitale Cotton India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. S/78 2nd Floor Cotton Exchange Building Opp.Cotton Green Railway Station Cotton, Green East, Mumbai, Maharashtra, India – 400033
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Chitale Cotton India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Chitale Cotton India Private Limited
FY 2017 filings availableChitale Cotton India Private Limited reported revenue of ₹36.41 Lakh (up 804% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 804% in the latest year. EBITDA rose 100% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹36.41 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹11,231 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11,231 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.3% | ||
| Net Profit Margin | -0.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Chitale Cotton India Private Limited, buy the company report.
Board of directors of Chitale Cotton India Private Limited
Chitale Cotton India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Shubhkaran Ojha | Director | 14 Oct 2010 | 16 Years 0 Months | As last reported |
| Mukesh Mohanlal Sharma Also directs: Sunita Developers Private Limited | Director | 19 Dec 2015 | 10 Years 10 Months | As last reported |
Peer comparison
Chitale Cotton India Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Cotton, Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digamber Trim Point Private Limited | ₹36.6 Lakh (FY 2024) | 116.0% | Noida, Uttar Pradesh, India | |||
| Blockdeal Suppliers Private Limited | ₹36.52 Lakh (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Unikrofs International Private Limited | ₹36.46 Lakh (FY 2024) | -85.0% | Kolkata, West Bengal, India | |||
| Stitch and Sew Exports Imports Private Limited | ₹36.46 Lakh (FY 2024) | Mysore, Karnataka, India | ||||
| Hi-Vision Exim Private Limited | ₹36.45 Lakh (FY 2025) | 0.0% | Yamuna Vihar, Delhi, India | |||
| Chitale Cotton India Private Limitedthis company | ₹36.41 Lakh (FY 2017) | -₹11,231 | -0.3% | 804.0% | Mumbai, Maharashtra, India | |
| Glitz Fashions Private Limited | ₹36.41 Lakh (FY 2024) | 124.0% | Delhi, India | |||
| Gateway Vinimay Private Limited | ₹36.4 Lakh (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Chaki Textile Private Limited | ₹36.35 Lakh (FY 2018) | -78.0% | Kolkata, West Bengal, India | |||
| Sonasta Resorts Private Limited | ₹36.28 Lakh (FY 2024) | 141.0% | Mumbai, Maharashtra, India | |||
| Silverson Tradelinks Private Limited | ₹36.28 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Chitale Cotton India Private Limited, buy the company report.
Auditor
Chitale Cotton India Private Limited is audited by DHANRAJ SUTHAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANRAJ SUTHAR & CO | FY 2017 | 128713W |
Shareholding
The shareholding of Chitale Cotton India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Chitale Cotton India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chitale Cotton India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chitale Cotton India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chitale Cotton India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Chitale Cotton India Private Limited, buy the company report.
Recent activity
Chitale Cotton India Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Edmondo Levante ceased to be Director on 22 May 2018.
Frequently asked questions
Chitale Cotton India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Chitale Cotton India was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 14 October 2010 and is registered under CIN U51909MH2010PTC209029. The company has been struck off by the Registrar of Companies and is no longer operational.
Chitale Cotton India had 2 directors:
- Pankaj Shubhkaran Ojha - Director
- Mukesh Mohanlal Sharma - Director
The CIN (Corporate Identification Number) of Chitale Cotton India is U51909MH2010PTC209029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Chitale Cotton India is at Room No. S78 2nd Floor Cotton Exchange Building Opp.Cotton Green Railway Station Cotton, Green East, Mumbai, Maharashtra, India – 400033.
Chitale Cotton India was incorporated on 14 October 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Chitale Cotton India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Chitale Cotton India has 2 GST registrations on record and all of them are cancelled or inactive.
Chitale Cotton India operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Chitale Cotton India by revenue are Digamber Trim Point Private Limited, Blockdeal Suppliers Private Limited, Unikrofs International Private Limited, Stitch and Sew Exports Imports Private Limited, Hi-Vision Exim Private Limited and 5 more, all in the Consumer Products industry (Cotton, Textile Retail and Distribution).
Edmondo Levante ceased to be Director on 22 May 2018. Virendra Kantilal Shah ceased to be Director on 26 Dec 2015. Mukesh Mohanlal Sharma was appointed as Director on 19 Dec 2015. Chitale Cotton India has 4 board changes on record in total.
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