Coralbells Cotspin Private Limited

Coralbells Cotspin Private Limited - manufacturing in Shirpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U17291MH2013PTC240695 Incorporated 22 February 2013 ROC Mumbai HQ Shirpur, Maharashtra, India
Active Private Limited Company manufacturing MSME · Micro
Revenue · FY 2025
₹1.47 Cr
▼ 48% YoY
Net profit · FY 2025
₹5.12 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹7.78 Lakh
EBITDA margin 5.3%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹48.99 Lakh
Issued & subscribed
Open charges
₹32 Lakh
Satisfied ₹4.04 Cr
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings

About Coralbells Cotspin Private Limited

Data last updated:

Coralbells Cotspin Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 February 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17291MH2013PTC240695. Its GSTIN is 27AAFCC4278A1ZV (Maharashtra).

The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹48.99 Lakh. It is led by directors Prashant Kailashchandra Goyal and Ketki Mukesh Patel.

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 Group Workshed Gut No. 30/1 Dahivad Taluka – Shirpur, Maharashtra, India – 425405.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.47 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Lakh (net margin 3.5%) and EBITDA of ₹7.78 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹32 Lakh and satisfied charges of ₹4.04 Cr on record.

Coralbells Cotspin Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0003415). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17291MH2013PTC240695
Registration Number 240695
Incorporation Date 22 February 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-09-0003415

Recognitions & Rankings of Coralbells Cotspin

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-09-0003415

Contact details

Coralbells Cotspin Private Limited's registered office is in Shirpur, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Group Workshed Gut No. 30/1 Dahivad Taluka – Shirpur, Maharashtra, India – 425405
  • Industry
    Manufacturing, Textile & Fabric Production

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

Comprehensive company report
Coralbells 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 Coralbells 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 Coralbells Cotspin Private Limited, buy the company report.

Financials of Coralbells Cotspin Private Limited

FY 2024 filings available

Coralbells Cotspin Private Limited reported revenue of ₹1.47 Cr (down 48% YoY) for FY 2025.

Revenue · FY 2025
₹1.47 Cr ▼ 48%
Net profit · FY 2025
₹5.12 Lakh margin 3.5%
EBITDA · FY 2025
₹7.78 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 25%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 32%
5 years · compounded
▼ 36%

Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 65% 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₹7.78 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.12 Lakh
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 Margin5.3%
Net Profit Margin3.5%
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 Coralbells Cotspin Private Limited, buy the company report.

Board of directors of Coralbells Cotspin Private Limited

Coralbells Cotspin has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prashant Kailashchandra GoyalDirector26 Oct 20206 Years 0 MonthsCurrent
Ketki Mukesh PatelDirector22 Feb 201313 Years 8 MonthsCurrent

Peer comparison

Coralbells Cotspin Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Knit Safety Private Limited₹1.48 Cr (FY 2020)83.0%Kolkata, West Bengal, India
Maruti Velvet Private Limited₹1.47 Cr (FY 2025)-7.0%Kalol, Gujarat, India
Coralbells Cotspin Private Limitedthis company₹1.47 Cr (FY 2025)₹5.12 Lakh3.5%-48.0%Shirpur, Maharashtra, India
Culthouse Ragtrade (OPC) Private Limited₹1.47 Cr (FY 2025)-22.0%Mumbai, Maharashtra, India

To see the full peer comparison of Coralbells Cotspin Private Limited, buy the company report.

Auditor

Coralbells Cotspin Private Limited is audited by S.V.RATHI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.V.RATHI & CO.FY 2023141699W

Shareholding

The shareholding of Coralbells 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 Coralbells Cotspin Private Limited, buy the company report.

Charges & borrowings

Open charges
₹32 Lakh
Satisfied charges
₹4.04 Cr
Breakdown by lending institutions
The Shirpur People Co-Op Bank Limited₹0.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Mar 2023100701233The Shirpur People Co-Op Bank Limited₹32 LakhOpen
12 Aug 201410559778Dena Bank₹4.04 CrSatisfied

To see the full charge records of Coralbells Cotspin Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Coralbells Cotspin has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCC4278A1ZVMaharashtraActive01 Jul 2017

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

Recent activity

Coralbells Cotspin Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Prashant Kailashchandra Goyal was appointed as Director on 26 Oct 2020.

AGM
Coralbells Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Coralbells Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 12 Aug 2014 via Charge ID 10559778 with Dena Bank was fully satisfied on 21 Mar 2024.
Charges
A charge with The Shirpur People Co-Op Bank Limited amounted to Rs. 32.00 Lakh with Charge ID 100701233 was registered on 02 Mar 2023.
Appointed
Prashant Kailashchandra Goyal was appointed as Director.
Ceased
Swapnil Mahendrakumar Mandore ceased to be Director.
Charges
A charge with Dena Bank of Rs. 404.00 Lakh registered on 12 Aug 2014 with Charge ID 10559778 was modified on 30 Jan 2015.
Charges
A charge with Dena Bank amounted to Rs. 404.00 Lakh with Charge ID 10559778 was registered on 12 Aug 2014.
Appointed
Ketki Mukesh Patel was appointed as Director.
Appointed
Swapnil Mahendrakumar Mandore was appointed as Director.
Incorporation
22 Feb 2013
Coralbells Cotspin Private Limited was registered on 22 Feb 2013 with Roc Mumbai & aged 13 years 8 months as per MCA records.

Frequently asked questions

Coralbells Cotspin is an active private limited company based in Shirpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 February 2013 (13+ years old) and is registered under CIN U17291MH2013PTC240695.

Coralbells Cotspin has 2 current directors:

The latest financial statements of Coralbells Cotspin 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 Coralbells Cotspin is 27AAFCC4278A1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Coralbells Cotspin is U17291MH2013PTC240695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Coralbells Cotspin was incorporated on 22 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Coralbells Cotspin by revenue are Knit Safety Private Limited, Maruti Velvet Private Limited, Culthouse Ragtrade (OPC) Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Prashant Kailashchandra Goyal was appointed as Director on 26 Oct 2020. Swapnil Mahendrakumar Mandore ceased to be Director on 26 Oct 2020. Ketki Mukesh Patel was appointed as Director on 22 Feb 2013. Coralbells Cotspin has 4 board changes on record in total.

Yes, Coralbells Cotspin is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-09-0003415).

The registered office of Coralbells Cotspin is at Group Workshed Gut No. 301 Dahivad Taluka – Shirpur, Maharashtra, India – 425405.

Coralbells Cotspin operates in the manufacturing industry, in the textile and fabric production segment.