Axita Cotton Limited logo

Axita Cotton Limited

Founded in 2013 headquartered in Gujarat, India.

2013 Mahesana, Gujarat (India) Active

About

Basic Data Updated:

1 month ago
Axita Cotton Limited (ACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 2013 and has a history of Ten years and ten months. Its registered office is in Mahesana, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542285.

The Corporate was formerly known as Axita Cotton Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 cr and a paid-up capital of Rs 26.09 cr.

The Corporate currently has active open charges totaling ₹35.00 cr. It has already closed loans amounting to ₹62.42 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Axita Cotton Limited India are Shyamsunder Panchal as Company Secretary and Harsh Shah as Cfo. Kushal Patel, Nitinbhai Patel, Kunjal Soni, and Three other members serve as directors at the Company.

Industry

Company Details

  • Location

    Mahesana, Gujarat, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL17200GJ2013PLC076059
Company No.076059
Stock Symbol BSE : 542285
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date16 Jul 2013
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Ahmedabad

Financials of Axita Cotton Limited

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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%.

Corporate Structure

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Unlock access to Axita Cotton's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Axita Cotton Limited

Executive Team (3)

  • NP

    Nitinbhai Patel In Managing Director

    Appointment Date: 16-Jul-2013

    Status: Current

  • SP

    Shyamsunder Panchal Company Secretary

    Appointment Date: 01-Apr-2023

    Status: Current

  • HS

    Harsh Shah In CFO

    Appointment Date: 03-Sep-2021

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹35.00 cr

₹62.42 cr

LenderAmountStatus

State Bank Of India

Creation Date: 27 Mar 2024
₹35.00 CrOpen

Others

Creation Date: 01 Jan 2021
₹13.32 CrSatisfied

Others

Creation Date: 29 Sep 2020
₹1.50 CrSatisfied

Deals i

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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

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 35.00 cr with Charge ID 100890081 was registered on 27 Mar 2024.

    27 Mar 2024
  • Activity

    Annual General Meeting

    Axita Cotton Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Axita Cotton Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023
  • Activity

    Director Appointment

    Apeksha Sanjaykumar Vyas was appointed as a Director was appointed as a Director on 30 Jun 2022 & has been associated with this company since 1 year 10 months .

    30 Jun 2022
  • Activity

    Charges

    A charge registered on 01 Jan 2021 via Charge ID 100408274 with Others was fully satisfied on 05 Mar 2022.

    05 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Axita Cotton Limited?

Axita Cotton Limited was incorporated 10 years 10 months ago on 16 Jul 2013 with Registrar of Companies Roc Ahmedabad.

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