Ashirwad Cotspin LLP
About Ashirwad Cotspin LLP
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Ashirwad Cotspin LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 March 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAI-9405. Its GSTIN is 24ABHFA8450E1ZN (Gujarat).
The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners Chintan Bhagwandas Agrawal and Bhagwandas Nagarmal Agrawal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹368.05 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹93.02 Lakh (net margin 0.3%) and EBITDA of ₹7.28 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 48% over five years.
As per MCA filings, the LLP has open charges of ₹21.74 Cr and satisfied charges of ₹2.7 Cr on record.
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- Registered AddressOffice No.408 Venus Amadeus Opp. Gold Coin Complex Nr. Jodhpur Cros, S Road, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Ashirwad Cotspin LLP FY 2025 filings available
Ashirwad Cotspin LLP reported revenue of ₹368.05 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ashirwad Cotspin LLP
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 10% growth in the latest year. EBITDA fell 44% 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 of Ashirwad Cotspin LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹93.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashirwad Cotspin LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Ashirwad Cotspin are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Ashirwad Cotspin LLP
Ashirwad Cotspin has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Bhagwandas Agrawal Also directs: Actex LLP, Dhiya Global Private Limited | Designated Partner | 24 Mar 2017 | 9 Years 6 Months | Current |
| Bhagwandas Nagarmal Agrawal Also directs: Actex LLP | Designated Partner | 24 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Ashirwad Cotspin LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashirwad Cotspin LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2020 | Axis Bank Limited | ₹21.74 Cr | Open |
| 22 Jun 2017 | Citi Bank N.A. | ₹2.7 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Ashirwad Cotspin LLP
Employment history and EPFO contributions of people linked to Ashirwad Cotspin.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashirwad Cotspin LLP
Ashirwad Cotspin LLP has 2 designated partner changes on record since 2017: 2 appointments. The latest: Bhagwandas Nagarmal Agrawal was appointed as Designated Partner on 24 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Ashirwad Cotspin LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashirwad Cotspin LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashirwad Cotspin LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashirwad Cotspin LLP
Ashirwad Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABHFA8450E1ZN | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashirwad Cotspin LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashirwad Cotspin LLP
Ashirwad Cotspin is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 March 2017 (9+ years old) and is registered under LLPIN AAI-9405.
Ashirwad Cotspin reported revenue of ₹368.05 Cr for FY 2023 (up 10% YoY).
Ashirwad Cotspin has 2 current designated partners:
- Chintan Bhagwandas Agrawal - Designated Partner
- Bhagwandas Nagarmal Agrawal - Designated Partner
Ashirwad Cotspin reported a net profit of ₹93.02 Lakh (net margin 0.3%) and EBITDA of ₹7.28 Cr (EBITDA margin 2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashirwad Cotspin is 70% over three years and 48% over five years. In the latest year (FY 2023) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashirwad Cotspin is 24ABHFA8450E1ZN, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Ashirwad Cotspin is AAI-9405. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ashirwad Cotspin was incorporated on 24 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhagwandas Nagarmal Agrawal was appointed as Designated Partner on 24 Mar 2017. Chintan Bhagwandas Agrawal was appointed as Designated Partner on 24 Mar 2017.
The registered office of Ashirwad Cotspin is at Office No.408 Venus Amadeus Opp. Gold Coin Complex Nr. Jodhpur Cros, S Road, Ahmedabad, Gujarat, India – 380015.