Excel Cotspin India Private Limited Company Logo

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
Last Updated:

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

  • 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 Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 2 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 2025-2026

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

NameDesignationAppointment DateStatus
AmmasaikuttiDirector09 Sep 2002Current
DhanabakiyamDirector24 Mar 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Nov 2012Past
Pramod AbcsddAdditional Director29 Sep 2017Past
Pramod AbcsddDirector30 Mar 2016Past
Pramod AbcsddDirector24 Aug 2015Past
Pramod AbcsddDirector30 Mar 2016Past
Pramod AbcsddDirector30 Mar 2016Past

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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
  • 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%

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.

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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

DateLenderAmountStatus
19 Feb 2020Axis Bank Limited₹19.00 CrOpen
26 Feb 2018Others₹12.50 CrSatisfied
03 Nov 2004State Bank Of India₹17.22 CrSatisfied
25 Sep 2003Indusind Bank Limited₹7.11 CrSatisfied
05 Mar 2003Indusind Bank Limited₹2.00 CrSatisfied

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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 growth trends for Excel Cotspin India Private Limited

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.

Latest Updates, News, and FAQs on Excel Cotspin India

Recent Activity within the Organization

  • Charges

    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 recorded as a recent event.

  • Annual General Meeting

    The activity Excel Cotspin India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • 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

    The activity A charge registered on 26 Feb 2018 via Charge ID 100184760 with Others was fully satisfied on 31 Aug 2020. was completed.

  • Director Appointment

    Dhanabakiyam was appointed as a Director was appointed as a Director on 24 Mar 2020 & has been associated with this company since 5 years 8 months . was recorded as a recent event.

  • 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.

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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