Axita Cotton Limited - Company Profile

Q: Who are the current directors of Axita Cotton Limited?

The current directors of Axita Cotton Limited are Kushal Nitinbhai Patel, Nitinbhai Govindbhai Patel, Shivani Pathak, Shyamsunder Kiranbhai Panchal, Harsh Kalpeshbhai Shah, Kunjal Jayantkumar Soni, Utsav Himanshu Trivedi, Vinod Kanubhai Rana, Nilesh Hasmukhbhai Kothari, Harsh Kalpeshbhai Shah, Shyamsunder Kiranbhai Panchal.

It is a manufacturing public limited company based in Kadi, Gujarat, India, established in 2013.

2013 Kadi, Gujarat, India Active

Last Updated: December 22, 2025

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About Axita Cotton Limited

Axita Cotton Limited, a active public limited company, was established on 16 July 2013 in Kadi, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17200GJ2013PLC076059. Registered under ROC Roc Ahmedabad. it is listed on BSE: 542285. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹34.78 Cr.

Formerly known as Axita Cotton Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹557.62 Cr and a net worth of ₹52.37 Cr. Employing 2 professional, Its leadership includes Kushal Nitinbhai Patel (Managing Director), Nitinbhai Govindbhai Patel (Officer In Default), Shivani Pathak (Director). Past directors included Amitkumar Govindbhai Patel, Kushal Nitinbhai Patel, Nitinbhai Govindbhai Patel. It holds ₹35.00 Cr open charges and ₹62.42 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Servey No. 324 357 358 Kadi Thol Road Borisana, Kadi, Gujarat, 382715.

Company Details

CIN/LLPIN
L17200GJ2013PLC076059
Registration Number
076059
Incorporation Date
16 July 2013
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹34.78 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 542285)
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 22-12-2025
Paid Up Capital ₹ 34.78 Cr as on 22-12-2025
Company Age 12 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 35.00 Cr as on 22-12-2025
Satisfied Charges ₹ 62.42 Cr as on 22-12-2025
Revenue Growth **** -32.78% (FY 2023)
Profit Growth **** 17.18% (FY 2023)
Ebitda **** 28.90% (FY 2023)
Net Worth 43.57% (FY 2023)
Total Assets -25.94% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Axita Cotton 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 Axita Cotton Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kushal Nitinbhai Patel	Managing Director	16 Jul 2013	Current
Nitinbhai Govindbhai Patel	Officer In Default	14 Nov 2024	Current
Shivani Pathak	Director	17 Jun 2024	Current
Kunjal Jayantkumar Soni	Director	22 Feb 2022	Current
Utsav Himanshu Trivedi	Director	30 Jun 2023	Current
Vinod Kanubhai Rana	Director	22 Feb 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	21 Jun 2021	Past
Pramod Abcsdd	Managing Director	30 Sep 2023	Past
Pramod Abcsdd	Managing Director	15 Oct 2018	Past
Pramod Abcsdd	Additional Director	24 Apr 2025	Past
Pramod Abcsdd	Director	10 Sep 2018	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Axita Cotton.

Axita Cotton Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.78% decrease. The company also saw a substantial improvement in profitability, with a 17.18% increase in profit. The company's net worth Soared by an impressive increase of 43.57%.

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

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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

********

-32.78%

*******

Revenue from Operations

*******

-32.84%

*******

Total Assets

*******

-25.94%

*******

Profit or Loss

*******

17.18%

*******

Net Worth

*******

43.57%

*******

EBITDA

*******

28.90%

*******

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What is the Ownership and Shareholding Structure of Axita Cotton?

In 2023, Axita Cotton had a promoter holding of 69.65% and a public holding of 30.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹350,000,000.00

Satisfied Charges

₹624,200,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 35.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Mar 2024	State Bank Of India	₹35.00 Cr	Open
01 Jan 2021	Others	₹13.32 Cr	Satisfied
29 Sep 2020	Others	₹1.50 Cr	Satisfied
28 Sep 2020	Others	₹1.50 Cr	Satisfied
21 Dec 2017	Others	₹11.60 Cr	Satisfied

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How Many Employees Work at Axita Cotton?

Axita Cotton has a workforce of 2 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Axita Cotton, 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 Axita Cotton's trajectory.

Rating

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

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 Axita Cotton

Recent Activity within the Organization

Annual General Meeting

The activity Axita Cotton Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

The activity Axita Cotton Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Director Appointment

The activity Harsh Kalpeshbhai Shah was appointed as a Nodal Officer was appointed as a Nodal Officer on 25 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.
25 Dec 2024
Director Appointment

The activity Nitinbhai Govindbhai Patel was appointed as a Officer in default was appointed as a Officer in default on 14 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.
14 Nov 2024
Director Appointment

Progress on Shivani Pathak was appointed as a Director was appointed as a Director on 17 Jun 2024 & has been associated with this company since 1 year 8 months . was documented.
17 Jun 2024
Director Appointment

The activity Nilesh Hasmukhbhai Kothari was appointed as a Director was appointed as a Director on 23 Apr 2024 & has been associated with this company since 1 year 10 months . was completed.
23 Apr 2024

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