Avantika Cotspin Private Limited

Avantika Cotspin Private Limited - manufacturing in Samana, Punjab, India. FY 2026 financials & compliance.
CIN U17309PB2018PTC047745 Incorporated 11 April 2018 ROC Chandigarh HQ Samana, Punjab, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹41.82 Cr
▼ 25% YoY
Net loss · FY 2025
₹1.99 Cr
Net margin -4.8%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 2.5%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹7.49 Cr
Issued & subscribed
Open charges
₹49.49 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
2
Provident fund records

About Avantika Cotspin Private Limited

Data last updated:

Avantika Cotspin Private Limited is a private limited company based in Samana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17309PB2018PTC047745. Its GSTIN is 03AAQCA7744L1Z8 (Punjab).

The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.49 Cr. It is led by directors including Shashi Singla and Sanjiv Singla.

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 Patiala Road Samana, Punjab, India – 147101.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.82 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Cr (net margin -4.8%) and EBITDA of ₹1.03 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 30% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹49.49 Cr on record. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.94 Cr; the latest was in March 2020.

Avantika Cotspin Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0001174). For more details, the company can be reached via its website ms-avantika-cotspin-ltd.business.site.

Company details

CIN U17309PB2018PTC047745
Registration Number 047745
Incorporation Date 11 April 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-PB-17-0001174

Recognitions & Rankings of Avantika Cotspin

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-PB-17-0001174

Contact details

Avantika Cotspin Private Limited's registered office is in Samana, Punjab. Its website is ms-avantika-cotspin-ltd.business.site. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Patiala Road Samana, Punjab, India – 147101
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Avantika Cotspin Private Limited, buy the company report.

Comprehensive company report
Avantika Cotspin Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Avantika Cotspin is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Avantika Cotspin Private Limited, buy the company report.

Financials of Avantika Cotspin Private Limited

FY 2025 filings available

Avantika Cotspin Private Limited reported revenue of ₹41.82 Cr (down 25% YoY) for FY 2025.

Revenue · FY 2025
₹41.82 Cr ▼ 25%
Net loss · FY 2025
₹1.99 Cr margin -4.8%
EBITDA · FY 2025
₹1.03 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 20%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 40%
5 years · compounded
▼ 3%

Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 73% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.99 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.5%
Net Profit Margin-4.8%
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 Avantika Cotspin Private Limited, buy the company report.

Board of directors of Avantika Cotspin Private Limited

Avantika Cotspin has 9 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shashi SinglaDirector27 Jun 20188 Years 4 MonthsCurrent
Sanjiv SinglaDirector11 Apr 20188 Years 6 MonthsCurrent
Naresh KumarDirector11 Apr 20188 Years 6 MonthsCurrent
Gopal KrishanDirector11 Apr 20188 Years 6 MonthsCurrent
Kamal BansalDirector11 Apr 20188 Years 6 MonthsCurrent
Parveen KumarDirector11 Apr 20188 Years 6 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Auditor

Avantika Cotspin Private Limited is audited by L K & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
L K & ASSOCIATESFY 2023027370N

Shareholding

The shareholding of Avantika Cotspin Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avantika Cotspin Private Limited, buy the company report.

Charges & borrowings

Open charges
₹49.49 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹49.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Oct 2024100998705State Bank of India₹12.16 CrOpen
09 Nov 2021100505978State Bank of India₹16.43 CrOpen
01 Jun 2020100343646State Bank of India₹1.9 CrOpen
01 Feb 2019100236196State Bank of India₹19 CrOpen

Total charge records: 4 View all charges

Deals & funding

Avantika Cotspin Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.94 Cr; the latest was in March 2020.

Total deals
5
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹5.94 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2020Funding round₹2.11 CrInvestors: J S Spintex Private Limited , Shree Krishna Spintex Private Limited , 2 individuals
May 2019Rights issue₹1.51 CrInvestors: kem Chand HUF, 3 individuals
Mar 2019Secondary share transferUndisclosedBuyer: Naresh Kumar HUF
Seller: an individual
Dec 2018Funding round₹3.84 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avantika Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Avantika Cotspin Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%

GST

Avantika Cotspin has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAQCA7744L1Z8PunjabActive17 Aug 2018

To see the full GST registrations and return filing status of Avantika Cotspin Private Limited, buy the company report.

Recent activity

Avantika Cotspin Private Limited has 11 board changes on record since 2018: 9 appointments and 2 cessations. The latest: Shubhranshu Singla was appointed as Additional Director on 01 Jul 2025.

AGM
Avantika Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Shubhranshu Singla was appointed as Additional Director.
Filing
Avantika Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Rajinder Kumar ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 12.16 Cr with Charge ID 100998705 was registered on 10 Oct 2024.
Charges
A charge with State Bank Of India amounted to Rs. 16.43 Cr with Charge ID 100505978 was registered on 09 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 1.90 Cr with Charge ID 100343646 was registered on 01 Jun 2020.
Ceased
Shashi Singla ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 19.00 Cr with Charge ID 100236196 was registered on 01 Feb 2019.
Appointed
Shashi Singla was appointed as Director.
Appointed
Dinesh Kumar was appointed as Director.
Appointed
Gopal Krishan was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Avantika Cotspin is an active private limited company based in Samana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 April 2018 (8+ years old) and is registered under CIN U17309PB2018PTC047745.

Avantika Cotspin has 9 current directors:

The latest financial statements of Avantika Cotspin 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 FY 2019 are in the company report.

The GSTIN of Avantika Cotspin is 03AAQCA7744L1Z8, registered in Punjab.

The CIN (Corporate Identification Number) of Avantika Cotspin is U17309PB2018PTC047745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avantika Cotspin was incorporated on 11 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.

Avantika Cotspin has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.94 Cr; the latest was in March 2020.

Shubhranshu Singla was appointed as Additional Director on 01 Jul 2025. Rajinder Kumar ceased to be Director on 13 Mar 2025. Shashi Singla ceased to be Additional Director on 02 Sep 2019. Avantika Cotspin has 11 board changes on record in total.

Yes, Avantika Cotspin is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-17-0001174).

Avantika Cotspin can be reached through the website ms-avantika-cotspin-ltd.business.site. Its registered office is in Samana, Punjab, India.