Classic Cotton Private Limited
About Classic Cotton Private Limited
Data last updated:
Classic Cotton Private Limited is a private limited company based in Jetpur, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2007PTC050589. Its GSTIN is 24AADCC0538K1ZV (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.97 Cr. It is led by directors Kishorbhai Shamjibhai Khachariya and Mansukhbhai Shamjibhai Khachariya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Near Saubhagya Processors Near Canal Dhoraji Road, Jetpur, Gujarat, India – 360370.
As per the financials filed for FY 2024, the company reported a revenue of ₹96.86 Cr. For the same year it recorded a net profit of ₹17.45 Lakh (net margin 0.2%) and EBITDA of ₹2.84 Cr (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% 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 ₹25.59 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Classic Cotton Private Limited's registered office is in Jetpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Saubhagya Processors Near Canal Dhoraji Road, Jetpur, Gujarat, India – 360370
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Classic Cotton Private Limited, buy the company report.
- 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
Business activity
The main business activity of Classic Cotton is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Classic Cotton Private Limited, buy the company report.
Financials of Classic Cotton Private Limited
FY 2024 filings availableClassic Cotton Private Limited reported revenue of ₹96.86 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. EBITDA rose 4% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.84 Cr | ||||
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| Net Profit (PAT) | ₹17.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Classic Cotton Private Limited, buy the company report.
Board of directors of Classic Cotton Private Limited
Classic Cotton has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishorbhai Shamjibhai Khachariya | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
| Mansukhbhai Shamjibhai Khachariya | Director | 19 Apr 2007 | 19 Years 6 Months | Current |
Auditor
Classic Cotton Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2023 |
Shareholding
The shareholding of Classic Cotton 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Classic Cotton Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2007 | 10084108 | State Bank of India | ₹25.59 Cr | Open |
To see the full charge records of Classic Cotton Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Classic Cotton Private Limited has 5 court cases on record: 1 filed by Classic Cotton, 4 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvannamalai, Tamil Nadu | Criminal case | Filed against the company by M/S Samunnati Agri Value Chain Solutions Pvt Ltd G Rep by Its Power of Attorney Agentmr Venkatesan | Pending |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed against the company by State Bank of India | Pending |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed against the company by State Bank of India Through Its Authorised Officer Smt. Ragini S. Sah | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State Bank of India | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Classic Cotton Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Classic Cotton Private Limited was last rated by Icra on 02 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Nov 2021 |
To see the full credit ratings and regulatory alerts of Classic Cotton Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Classic Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Classic Cotton Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Classic Cotton has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC0538K1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Cotton Private Limited, buy the company report.
Recent activity
Classic Cotton Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Kishorbhai Shamjibhai Khachariya ceased to be Director on 27 Feb 2019.
Frequently asked questions
Classic Cotton is an active private limited company based in Jetpur, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 April 2007 (19+ years old) and is registered under CIN U17120GJ2007PTC050589.
Classic Cotton has 2 current directors:
- Kishorbhai Shamjibhai Khachariya - Director
- Mansukhbhai Shamjibhai Khachariya - Director
The latest financial statements of Classic Cotton on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Cotton is 24AADCC0538K1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Classic Cotton is U17120GJ2007PTC050589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Cotton has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Classic Cotton was incorporated on 19 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kishorbhai Shamjibhai Khachariya ceased to be Director on 27 Feb 2019. Mansukhbhai Shamjibhai Khachariya ceased to be Director on 27 Feb 2019. Kishorbhai Shamjibhai Khachariya was appointed as Director on 19 Apr 2007. Classic Cotton has 4 board changes on record in total.
The registered office of Classic Cotton is at Near Saubhagya Processors Near Canal Dhoraji Road, Jetpur, Gujarat, India – 360370.
Classic Cotton operates in the manufacturing industry, in the textile and fabric production segment.
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