Excel Cotspin India Private Limited - Company Profile

It is a manufacturing private limited company based in Tirupur, Tamil Nadu, India, established in 1996.
1996 Tirupur, Tamil Nadu, India Active
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About Excel Cotspin India Private Limited

Excel Cotspin India Private Limited, a active private limited company, was established on 25 September 1996 in Tirupur, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1996PTC009042. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹5.00 M.

Formerly known as Mercury Spinning Mills Private Limited. It upholds a compliant status. Employing 81 professional, Its leadership includes Ammasaikutti (Director), Dhanabakiyam (Director). Past directors included Ramaswamy Kandaswamy, Senniappagounder, Dinesh Prabhu. It holds ₹19.00 Cr open charges and ₹38.83 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 21Dharapuram Road Thillai Nagar, Tirupur, Tamil Nadu, 641608.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17111TZ1996PTC009042

  • Registration Number

    009042

  • Incorporation Date

    25 September 1996

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.00 Cr
  • Satisfied Charges ₹ 38.83 Cr
  • Revenue Growth **** -19.58%
  • Profit Growth **** -113.99%
  • Ebitda **** -91.80%
  • Net Worth -2.10%
  • Total Assets -9.96%
Company report

Excel Cotspin India Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Excel Cotspin India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Excel Cotspin India Private Limited?
Current Directors
Name Designation Appointment Date Status
Ammasaikutti Director 09 Sep 2002 Current
Dhanabakiyam Director 24 Mar 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Nov 2012 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 30 Mar 2016 Past
Pramod Abcsdd Director 24 Aug 2015 Past
Pramod Abcsdd Director 30 Mar 2016 Past
Pramod Abcsdd Director 30 Mar 2016 Past

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Financial Performance of Excel Cotspin India.

Excel Cotspin India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.58% decrease. The company also saw a substantial fall in profitability, with a 113.99% decrease in profit. The company's net worth dipped by a decrease of 2.1%.

Excel Cotspin India revenue growth over time
Excel Cotspin India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -19.58%
*******
*******
*******
*******
Revenue from Operations
*******
 -20.01%
*******
*******
*******
*******
Total Assets
*******
 -9.96%
*******
*******
*******
*******
Profit or Loss
*******
 -113.99%
*******
*******
*******
*******
Net Worth
*******
 -2.10%
*******
*******
*******
*******
EBITDA
*******
 -91.80%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Excel Cotspin India?

In 2023, Excel Cotspin India had a promoter holding of 41.24% and a public holding of 58.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹190,000,000.00

Satisfied Charges

₹388,300,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 19.00 Cr
Latest Charge Details
Date Lender Amount Status
19 Feb 2020 Axis Bank Limited ₹19.00 Cr Open
26 Feb 2018 Others ₹12.50 Cr Satisfied
03 Nov 2004 State Bank Of India ₹17.22 Cr Satisfied
25 Sep 2003 Indusind Bank Limited ₹7.11 Cr Satisfied
05 Mar 2003 Indusind Bank Limited ₹2.00 Cr Satisfied

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How Many Employees Work at Excel Cotspin India?

Excel Cotspin India has a workforce of 81 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Excel Cotspin India, 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 Excel Cotspin India's trajectory.

Rating
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Excel Cotspin India
Recent Activity within the Organization
  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 19.00 Cr registered on 19 Feb 2020 with Charge ID 100327025 was modified on 12 May 2025. was documented.

  • Annual General Meeting

    Excel Cotspin India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Excel Cotspin India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Charges

    A charge registered on 26 Feb 2018 via Charge ID 100184760 with Others was fully satisfied on 31 Aug 2020. was recorded as a recent event.

  • Director Appointment

    The activity Dhanabakiyam was appointed as a Director was appointed as a Director on 24 Mar 2020 & has been associated with this company since 6 years 3 months . was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 19.00 Cr with Charge ID 100327025 was registered on 19 Feb 2020. was documented.

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Frequently Asked Questions
What is the CIN of Excel Cotspin India Private Limited?

The CIN of Excel Cotspin India Private Limited is U17111TZ1996PTC009042.

Where is Excel Cotspin India Private Limited headquartered?

Excel Cotspin India Private Limited is headquartered at 21Dharapuram Road Thillai Nagar, Tirupur, Tamil Nadu, 641608.

When was Excel Cotspin India Private Limited incorporated?

Excel Cotspin India Private Limited was incorporated on 25 September 1996.

Who are the current directors of Excel Cotspin India Private Limited?

The current directors of Excel Cotspin India Private Limited are

What is the primary industry of Excel Cotspin India Private Limited?

The primary industry of Excel Cotspin India Private Limited is Manufacturing.

Is Excel Cotspin India Private Limited a listed company?

Excel Cotspin India Private Limited is unlisted.

What is the capital structure of Excel Cotspin India Private Limited?

The authorized capital of Excel Cotspin India Private Limited is ₹2.00 Cr, and the paid-up capital is ₹5.00 M.

What is the compliance status of Excel Cotspin India Private Limited?

The compliance status of Excel Cotspin India Private Limited is Compliant.

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