Asian Cotspin Private Limited - Company Profile

It is a home & lifestyle private limited company based in Barnala, Punjab, India, established in 2003.
2003 Barnala, Punjab, India Amalgamated
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About Asian Cotspin Private Limited

Asian Cotspin Private Limited, a amalgamated private limited company, was established on 25 March 2003 in Barnala, Punjab, India. Engaging in textile retail & distribution within the home & lifestyle sector, it holds CIN: U51311PB2003PTC025874. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹235.00 Cr and a paid-up capital of ₹23.89 Cr.

It upholds a compliant status. Its leadership includes Sukhdarshan Singh (Director), Davindar Singh Sokhi (Director). Past directors included Sukhdarshan Singh, Vikrant Sadana, Jayanta Kumar Saha. It holds ₹4.54 Cr open charges and no settled loans. Its latest AGM occurred on 28 August 2023, with the balance sheet filed on 31 March 2023. It is based at Arun Memorial Community & Cultural Centre Raikot Road, Barnala, Punjab, 148101.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U51311PB2003PTC025874

  • Registration Number

    025874

  • Incorporation Date

    25 March 2003

  • Authorized Capital

    ₹235.00 Cr

  • Paid-Up Capital

    ₹23.89 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 235.00 Cr
  • Paid Up Capital ₹ 23.89 Cr
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.54 Cr
  • Revenue Growth **** -89.96%
  • Profit Growth **** 330.57%
  • Ebitda **** 37.04%
  • Net Worth -30.34%
  • Total Assets -33.78%
Company report

Asian Cotspin Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Asian Cotspin Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asian Cotspin Private Limited?
Current Directors
Name Designation Appointment Date Status
Sukhdarshan Singh Director 27 Jul 2021 Current
Davindar Singh Sokhi Director 14 Mar 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 22 Sep 2021 Past
Pramod Abcsdd Company Secretary 31 Mar 2018 Past
Pramod Abcsdd Director 28 Dec 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2020 Past
Pramod Abcsdd Director 15 Jul 2008 Past
Pramod Abcsdd Director 14 Mar 2017 Past

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Financial Performance of Asian Cotspin.

Asian Cotspin Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 89.96% decrease. The company also saw a substantial improvement in profitability, with a 330.57% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.34%.

Asian Cotspin revenue growth over time
Asian Cotspin profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -89.96%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -33.78%
*******
*******
*******
*******
Profit or Loss
*******
 330.57%
*******
*******
*******
*******
Net Worth
*******
 -30.34%
*******
*******
*******
*******
EBITDA
*******
 37.04%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Asian Cotspin?

In 2019, Asian Cotspin had a promoter holding of 73.81% and a public holding of 26.19%. The company had 3 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹45,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Punjab State Industrial Develop Corp.Ltd. : 2.27 Cr
  • The Punjab State Industrial Develop. Corporation Ltd. : 2.27 Cr
Latest Charge Details
Date Lender Amount Status
18 Jun 1998 The Punjab State Industrial Develop Corp.Ltd. ₹2.27 Cr Open
18 Jun 1998 The Punjab State Industrial Develop. Corporation Ltd. ₹2.27 Cr Open

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How Many Employees Work at Asian Cotspin?

Unlock and access historical data on people associated with Asian Cotspin, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asian 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 Asian 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.

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Latest Updates, News, and FAQs on Asian Cotspin
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Asian Cotspin Private Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Asian Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh. was completed.

  • Director Appointment

    The activity Taranjot Singh was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2022 & has been associated with this company since 3 years 8 months . was completed.

  • Director Appointment

    Progress on Sukhdarshan Singh was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 4 years 6 months . was documented.

  • Director Appointment

    Davindar Singh Sokhi was appointed as a Director was appointed as a Director on 14 Mar 2017 & has been associated with this company since 8 years 10 months . was recorded as a recent event.

  • Charges

    The activity A charge with The Punjab State Industrial Develop Corp.Ltd. amounted to Rs. 2.27 Cr with Charge ID 90175895 was registered on 18 Jun 1998. was completed.

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Frequently Asked Questions
What is the CIN of Asian Cotspin Private Limited?

The CIN of Asian Cotspin Private Limited is U51311PB2003PTC025874.

Where is Asian Cotspin Private Limited headquartered?

Asian Cotspin Private Limited is headquartered at Arun Memorial Community & Cultural Centre Raikot Road, Barnala, Punjab, 148101.

When was Asian Cotspin Private Limited incorporated?

Asian Cotspin Private Limited was incorporated on 25 March 2003.

Who are the current directors of Asian Cotspin Private Limited?

The current directors of Asian Cotspin Private Limited are

What is the primary industry of Asian Cotspin Private Limited?

The primary industry of Asian Cotspin Private Limited is Home & Lifestyle.

Is Asian Cotspin Private Limited a listed company?

Asian Cotspin Private Limited is unlisted.

What is the capital structure of Asian Cotspin Private Limited?

The authorized capital of Asian Cotspin Private Limited is ₹235.00 Cr, and the paid-up capital is ₹23.89 Cr.

What is the compliance status of Asian Cotspin Private Limited?

The compliance status of Asian Cotspin Private Limited is Compliant.

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