About Dev Shree Cotsyn Private Limited
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Dev Shree Cotsyn Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U17291UP2011PTC043386. Its GSTIN is 09AADCD8667L1ZY (Uttar Pradesh).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.56 Cr. It is led by directors including Ashutosh Garg (Whole-Time Director) and Nikita Singhal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Meerut, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.72 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹3.89 Cr (net margin -5.2%) and EBITDA of -₹1.45 Cr (EBITDA margin -1.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DevShree Cotsyn Private Limited. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹51.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 13 deals on record (9 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹10.44 Cr; the latest was in March 2021. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Supertex Mills (India) Private Limited with revenue of ₹74.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devshreegroup.com.
Company details
Contact details
Dev Shree Cotsyn Private Limited's registered office is in Meerut, Uttar Pradesh. Its website is devshreegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 420 Gagol Road, Village – Achronda Partapur, Meerut, Uttar Pradesh, India – 250002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dev Shree Cotsyn 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
Brands
Dev Shree Cotsyn operates one associated brand: DevShree Cotsyn Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Yarn manufacturing, including grey and dyed yarns, sewing threads, and industrial threads in India. | devshreegroup.com |
Business activity
The main business activity of Dev Shree Cotsyn is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Dev Shree Cotsyn Private Limited, buy the company report.
Financials of Dev Shree Cotsyn Private Limited
FY 2025 filings availableDev Shree Cotsyn Private Limited reported revenue of ₹74.72 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 5% fall in the latest year. EBITDA rose 25% 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 | -₹1.45 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.89 Cr | ||||
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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 | -1.9% | ||||
| Net Profit Margin | -5.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Dev Shree Cotsyn Private Limited, buy the company report.
Board of directors of Dev Shree Cotsyn Private Limited
Dev Shree Cotsyn has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashutosh Garg | Whole-Time Director | 09 Sep 2013 | 13 Years 2 Months | Current |
| Nikita Singhal | Whole-Time Director | 29 Aug 2014 | 12 Years 2 Months | Current |
| Manju Garg Also directs: Dev Shree Infrabuild Private Limited | Director | 25 May 2022 | 4 Years 5 Months | Current |
| Aaveg Garg | Whole-Time Director | 18 Aug 2011 | 15 Years 2 Months | Current |
| Gyanendra Agarwal Kumar | Director | 02 Feb 2011 | 15 Years 9 Months | Current |
| Sangeeta Garg Also directs: Dev Shree Infrabuild Private Limited | Director | 18 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Dev Shree Cotsyn Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Supertex Mills (India) Private Limited | ₹74.77 Cr (FY 2025) | 24.0% | Coimbatore, Tamil Nadu, India | |||
| Fifth Seasons Decor Private Limited | ₹74.76 Cr (FY 2025) | 26.0% | Mangrol, Gujarat, India | |||
| Murlidhar Tex Prints Private Limited | ₹74.75 Cr (FY 2025) | 25.0% | Surat, Gujarat, India | |||
| Dev Shree Cotsyn Private Limitedthis company | ₹74.72 Cr (FY 2025) | -₹3.89 Cr | -5.2% | -5.0% | 59 | Meerut, Uttar Pradesh, India |
| Ritz Spinning Mills Private Limited | ₹74.6 Cr (FY 2024) | -9.0% | Hyderabad, Telangana, India | |||
| Venus Interlinings Private Limited | ₹74.53 Cr (FY 2025) | 17.0% | Jaipur, Rajasthan, India | |||
| Gne Exports Private Limited | ₹74.52 Cr (FY 2024) | 8.0% | Phagwara, Punjab, India |
To see the full peer comparison of Dev Shree Cotsyn Private Limited, buy the company report.
Auditor
Dev Shree Cotsyn Private Limited is audited by RAVINDRA AGGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDRA AGGARWAL & CO. | FY 2023 | 001405C |
Shareholding
The shareholding of Dev Shree Cotsyn 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dev Shree Cotsyn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101074075 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 28 Sep 2022 | 100626202 | Others | ₹14.8 Cr | Satisfied | |
| 27 May 2022 | 100584647 | Others | ₹25 Lakh | Satisfied | |
| 23 Feb 2016 | 100017385 | State Bank of India | ₹16.81 Cr | Satisfied | |
| 09 Feb 2013 | 10408426 | Central Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of Dev Shree Cotsyn Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Dev Shree Cotsyn Private Limited has 13 deals on record (9 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹10.44 Cr; the latest was in March 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Amrit Commodities Private Limited, Mahamaya Vincom Private Limited , Simplify Dealcom Private Limited |
| Mar 2015 | Funding round | ₹84 Lakh | Investors: Apar Land Developers Private Limited , Puneet Bansal Sons Huf, Saurabh Bansal Sons Huf, an individual |
| Mar 2012 | Funding round | ₹7.75 Cr | Investors: Amrit Commodities Private Limited, 3 individuals |
To see the full deal history of Dev Shree Cotsyn Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dev Shree Cotsyn Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (A482) | Filed against the company by an individual | Pending |
| District court, Meerut, Uttar Pradesh | Court case (M V Act) | Filed against the company by State of Up | Disposed |
To see the full case history of Dev Shree Cotsyn 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
Dev Shree Cotsyn Private Limited was last rated by Brickwork on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Dev Shree Cotsyn Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dev Shree Cotsyn Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dev Shree Cotsyn Private Limited has a workforce of 59 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 59 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dev Shree Cotsyn Private Limited, buy the company report.
GST
Dev Shree Cotsyn has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCD8667L1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dev Shree Cotsyn Private Limited, buy the company report.
Recent activity
Dev Shree Cotsyn Private Limited has 22 board changes on record since 2011: 11 appointments and 11 cessations. The latest: Manju Garg ceased to be Additional Director on 30 Sep 2022.
28 earlier events are in the company report.
Frequently asked questions
Dev Shree Cotsyn is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 February 2011 (15+ years old) and is registered under CIN U17291UP2011PTC043386.
Dev Shree Cotsyn has 8 current directors:
- Ashutosh Garg - Whole-Time Director
- Nikita Singhal - Whole-Time Director
- Aaveg Garg - Whole-Time Director
- Eshu Bansal - Whole-Time Director
- Manju Garg - Director
- Gyanendra Agarwal Kumar - Director
- Sangeeta Garg - Director
- Inder Kumar Garg - Director
The latest financial statements of Dev Shree Cotsyn on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dev Shree Cotsyn is 09AADCD8667L1ZY, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Dev Shree Cotsyn is U17291UP2011PTC043386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Shree Cotsyn has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Dev Shree Cotsyn was incorporated on 02 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kanpur.
Dev Shree Cotsyn has 13 deals on record (9 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹10.44 Cr; the latest was in March 2021.
The peers of Dev Shree Cotsyn by revenue are Supertex Mills (India) Private Limited, Fifth Seasons Decor Private Limited, Murlidhar Tex Prints Private Limited, Ritz Spinning Mills Private Limited, Venus Interlinings Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Manju Garg ceased to be Additional Director on 30 Sep 2022. Shikhar Agarwal ceased to be Company Secretary on 01 Sep 2022. Manju Garg was appointed as Director on 25 May 2022. Dev Shree Cotsyn has 22 board changes on record in total.
Dev Shree Cotsyn can be reached through the website devshreegroup.com. Its registered office is in Meerut, Uttar Pradesh, India.
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