About Ambica Cotseeds Limited
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Ambica Cotseeds Limited is a public limited company based in Mehsana, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15142GJ2011PLC065187. Its GSTIN is 24AAJCA4155E1ZZ (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Bharatbhai Prahaladbhai Patel and Nirav Bharatbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sf 12 Parmanand Plaza Opp Fire Station Nagar Palika Village: Kadi Taluka: Kadi, Mehsana, Gujarat, India – 382715.
As per the financials filed for FY 2024, the company reported a revenue of ₹401.66 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹32.85 Lakh (net margin 0.1%) and EBITDA of ₹4.27 Cr (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹140.75 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.09 Cr; the latest was in March 2022. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 272 overdue payments to 160 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vcottonexport.com.
Company details
Contact details
Ambica Cotseeds Limited's registered office is in Mehsana, Gujarat. Its website is vcottonexport.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf 12 Parmanand Plaza Opp Fire Station Nagar Palika Village: Kadi Taluka: Kadi, Mehsana, Gujarat, India – 382715
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ambica Cotseeds 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
Business activity
The main business activity of Ambica Cotseeds is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ambica Cotseeds Limited, buy the company report.
Financials of Ambica Cotseeds Limited
FY 2025 filings availableAmbica Cotseeds Limited reported revenue of ₹401.66 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 18% fall in the latest year. EBITDA rose 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.27 Cr | ||||
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| Net Profit (PAT) | ₹32.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Ambica Cotseeds Limited, buy the company report.
Board of directors of Ambica Cotseeds Limited
Ambica Cotseeds has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Prahaladbhai Patel Also directs: Vivekanand Cotspin Limited | Director | 28 Apr 2011 | 15 Years 6 Months | Current |
| Nirav Bharatbhai Patel | Director | 28 Apr 2011 | 15 Years 6 Months | Current |
| Himul Patel | Director | 08 Mar 2017 | 9 Years 7 Months | Current |
| Priteshkumar Amrutbhai Patel | Director | 08 Mar 2017 | 9 Years 7 Months | Current |
| Kinjal Niravkumar Patel | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Kapilaben Vishnubhai Patel | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Ambica Cotseeds Limited is audited by BABUBHAI PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BABUBHAI PATEL & ASSOCIATES | FY 2023 | 100816W |
Shareholding
The shareholding of Ambica Cotseeds Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ambica Cotseeds Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2021 | 100459759 | The Kalupur Commercial Co-Operative Bank Limited | ₹95 Cr | Open | |
| 28 Sep 2018 | 100221354 | The Kalupur Commercial Co-Operative Bank Limited | ₹30 Cr | Open | |
| 11 Nov 2013 | 10502525 | Dena Bank | ₹15.75 Cr | Open |
To see the full charge records of Ambica Cotseeds Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ambica Cotseeds Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.09 Cr; the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2021 | Rights issue | ₹5 Cr | Investors: 4 individuals |
| Sep 2018 | Rights issue | ₹1.86 Cr | Investors: 3 individuals |
| Nov 2011 | Funding round | ₹2.09 Cr | Investors: Others-Ambica Cotseeds Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ambica Cotseeds Limited has 2 court cases on record: 1 filed by Ambica Cotseeds, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Court case (Civil M.A.) | Filed against the company by Bhima Sahakari Sakhar Karkhana Ltd. | Pending |
| Bombay High Court | Court case (CARAP) | Filed by the company against Bhima Sahakarisakhar Karkhana Ltd | Pending |
To see the full case history of Ambica Cotseeds Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Ambica Cotseeds Limited was last rated by Acuite on 04 May 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 04 May 2026 |
To see the full credit ratings and regulatory alerts of Ambica Cotseeds Limited, buy the company report.
MSME payment delays
Ambica Cotseeds Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 272 overdue payments to 160 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 160)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rishi Fibers Private Limited | |||
| Shri Rokadoba Maharaj Ginning & Pressing Private Limited | |||
| Shivdhara Cotton Private Limited | |||
| Ankur Traders | |||
| Shree N.H.Enterprise-Rajkot[24-Gj-1Zp] |
To see the full MSME payment records of Ambica Cotseeds Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ambica Cotseeds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA4155E1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ambica Cotseeds Limited, buy the company report.
Recent activity
Ambica Cotseeds Limited has 9 board changes on record since 2011: 7 appointments and 2 cessations. The latest: Kapilaben Vishnubhai Patel was appointed as Director on 30 Aug 2019.
4 earlier events are in the company report.
Frequently asked questions
Ambica Cotseeds is an active public limited company based in Mehsana, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 April 2011 (15+ years old) and is registered under CIN U15142GJ2011PLC065187.
Ambica Cotseeds has 7 current directors:
- Bharatbhai Prahaladbhai Patel - Director
- Nirav Bharatbhai Patel - Director
- Himul Patel - Director
- Priteshkumar Amrutbhai Patel - Director
- Kinjal Niravkumar Patel - Director
- Kapilaben Vishnubhai Patel - Director
- Vishnubhai Prahaladbhai Patel - Director
The latest financial statements of Ambica Cotseeds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ambica Cotseeds is 24AAJCA4155E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Ambica Cotseeds is U15142GJ2011PLC065187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ambica Cotseeds has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Ambica Cotseeds was incorporated on 28 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ambica Cotseeds has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.09 Cr; the latest was in March 2022.
Kapilaben Vishnubhai Patel was appointed as Director on 30 Aug 2019. Kinjal Niravkumar Patel was appointed as Director on 01 Nov 2018. Himul Patel ceased to be Additional Director on 31 Mar 2017. Ambica Cotseeds has 9 board changes on record in total.
Ambica Cotseeds has 10 MSME Form 1 returns on record between 2019 and 2023, listing 272 overdue payments to 160 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Ambica Cotseeds can be reached through the website vcottonexport.com. Its registered office is in Mehsana, Gujarat, India.
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