Dev Cotspin Private Limited
About Dev Cotspin Private Limited
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Dev Cotspin Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1993PTC020200. Its GSTIN is 24AABCD5690H1ZO (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.55 Cr. It was formerly known as Yogesh Spinning Mills Private Limited. It is led by directors including Sureshkumar Agarwal and Satishkumar Agarwal.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 134 Mahalaxmi Industrial Estate Iyava Sanand Viramgam Highway, Ahmedabad, Gujarat, India – 382170.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.66 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹30.68 Lakh (net margin 54.2%) and EBITDA of ₹38.91 Lakh (EBITDA margin 68.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 53% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.01 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dev Cotspin Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address134 Mahalaxmi Industrial Estate Iyava Sanand Viramgam Highway, Ahmedabad, Gujarat, India – 382170
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dev Cotspin 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
Financials of Dev Cotspin Private Limited
FY 2025 filings availableDev Cotspin Private Limited reported revenue of ₹56.66 Lakh (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 36% growth in the latest year. EBITDA rose 53% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹38.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.68 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.7% | ||||
| Net Profit Margin | 54.2% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dev Cotspin Private Limited, buy the company report.
Board of directors of Dev Cotspin Private Limited
Dev Cotspin has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Agarwal Also directs: Kedar Cotspin Private Limited, Waldat Private Limited | Director | 28 Apr 2009 | 17 Years 6 Months | Current |
| Satishkumar Agarwal Also directs: Kedar Cotspin Private Limited | Director | 11 Mar 1994 | 32 Years 7 Months | Current |
| Mukesh Kumar Devkarandas Agarwal Also directs: Kedar Cotspin Private Limited, GSPN Cotfab Private Limited | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Dev Cotspin Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunbright Textiles (India) Private Limited | ₹56.86 Lakh (FY 2024) | -34.0% | Chennai, Tamil Nadu, India | |||
| Suryavanshi Industries Limited | ₹56.7 Lakh (FY 2025) | -75.0% | Secunderabad, Telangana, India | |||
| Dev Cotspin Private Limitedthis company | ₹56.66 Lakh (FY 2025) | ₹30.68 Lakh | 54.2% | 36.0% | 11 | Ahmedabad, Gujarat, India |
| Candy Vyapaar Private Limited | ₹56.61 Lakh (FY 2025) | -88.0% | Kolkata, West Bengal, India | |||
| Srijani Textiles Private Limited | ₹56.58 Lakh (FY 2025) | -60.0% | Chandannagar, West Bengal, India | |||
| One SGG Ventures Private Limited | ₹56.57 Lakh (FY 2022) | 42.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Dev Cotspin Private Limited, buy the company report.
Auditor
Dev Cotspin Private Limited is audited by NAHTA JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAHTA JAIN & ASSOCIATES | FY 2023 | 106801W |
Shareholding
The shareholding of Dev 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 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 Dev Cotspin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2017 | 100086415 | Others | ₹3.28 Cr | Satisfied | |
| 30 Jan 2017 | 100086395 | Others | ₹50 Lakh | Satisfied | |
| 13 Sep 2012 | 10379247 | Small Industries Development Bank of India | ₹55 Lakh | Satisfied | |
| 04 Nov 2011 | 10316183 | Small Industries Development Bank of India | ₹55 Lakh | Satisfied | |
| 25 Mar 2010 | 10219642 | Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Dev Cotspin Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Dev Cotspin Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REF IC) | Filed against the company by an individual | Disposed |
To see the full case history of Dev Cotspin 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dev Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dev Cotspin Private Limited has a workforce of 11 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Dev Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD5690H1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dev Cotspin Private Limited, buy the company report.
Recent activity
Dev Cotspin Private Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Mukesh Kumar Devkarandas Agarwal ceased to be Additional Director on 30 Sep 2022.
18 earlier events are in the company report.
Frequently asked questions
Dev Cotspin is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 September 1993 (33+ years old) and is registered under CIN U17119GJ1993PTC020200.
Dev Cotspin has 3 current directors:
- Sureshkumar Agarwal - Director
- Satishkumar Agarwal - Director
- Mukesh Kumar Devkarandas Agarwal - Director
The latest financial statements of Dev Cotspin on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dev Cotspin is 24AABCD5690H1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Dev Cotspin is U17119GJ1993PTC020200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Cotspin has 1 court case on record: 1 filed against it.
Dev Cotspin was incorporated on 16 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dev Cotspin by revenue are Sunbright Textiles (India) Private Limited, Suryavanshi Industries Limited, Candy Vyapaar Private Limited, Srijani Textiles Private Limited, One SGG Ventures Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mukesh Kumar Devkarandas Agarwal ceased to be Additional Director on 30 Sep 2022. Mukesh Kumar Devkarandas Agarwal was appointed as Director on 18 Oct 2021. Lakhiram Kedarnath Agrawal ceased to be Director on 28 Apr 2009. Dev Cotspin has 5 board changes on record in total.
The registered office of Dev Cotspin is at 134 Mahalaxmi Industrial Estate Iyava Sanand Viramgam Highway, Ahmedabad, Gujarat, India – 382170.
Dev Cotspin operates in the manufacturing industry, in the textile and fabric production segment.
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