Garg Cotspin Private Limited
About Garg Cotspin Private Limited
Data last updated:
Garg Cotspin Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17121DL2007PTC157684. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rakesh Kumar Garg and Kashmiri Lal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 3401/248 Hansapuri Tri Nagar, New Delhi, Delhi, India – 110035.
As per the financials filed for FY 2017, the company reported a revenue of ₹24.75 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹47,819 (net margin -1.9%) and EBITDA of ₹1.16 Lakh (EBITDA margin 4.7%).
As per MCA filings, the company has satisfied charges of ₹5.27 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Garg Cotspin Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3401/248 Hansapuri Tri Nagar, New Delhi, Delhi, India – 110035
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Garg 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
Business activity
The main business activity of Garg Cotspin is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Garg Cotspin Private Limited, buy the company report.
Financials of Garg Cotspin Private Limited
FY 2017 filings availableGarg Cotspin Private Limited reported revenue of ₹24.75 Lakh (down 91% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. EBITDA fell 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹24.75 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.16 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹47,819 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.7% | ||
| Net Profit Margin | -1.9% | ||
| 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 Garg Cotspin Private Limited, buy the company report.
Board of directors of Garg Cotspin Private Limited
Garg Cotspin has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Garg | Director | 10 Jan 2007 | 19 Years 9 Months | Current |
| Kashmiri Lal | Director | 10 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Garg Cotspin Private Limited is audited by ARVIND GOEL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND GOEL & ASSOCIATES | FY 2017 | 015229N |
Shareholding
The shareholding of Garg Cotspin Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Garg Cotspin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2011 | 10262840 | State Bank of Patiala | ₹82.5 Lakh | Satisfied | |
| 30 Mar 2007 | 10047176 | State Bank of Patiala | ₹1.1 Cr | Satisfied | |
| 30 Mar 2007 | 10047178 | State Bank of Patiala | ₹3.35 Cr | Satisfied |
To see the full charge records of Garg Cotspin Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Garg Cotspin Private Limited has 4 court cases on record: 4 filed by Garg Cotspin. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panipat, Haryana | Appeal | Filed by the company against Exotica Textile Pvt Ltd., Through Its Director Adit Kalra and 3 others | Disposed |
| District court, Panipat, Haryana | Civil suit | Filed by the company against State Bank of India | Disposed |
| District court, Panipat, Haryana | Civil suit | Filed by the company against Exotica Textile Pvt. Ltdrepresented by Power of Attorney - Yes | Disposed |
| District court, Panipat, Haryana | Civil suit | Filed by the company against Exotica Textile Pvt. Ltd | Disposed |
To see the full case history of Garg 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 Garg Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garg Cotspin Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Garg Cotspin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Garg Cotspin Private Limited, buy the company report.
Recent activity
Garg Cotspin Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Kashmiri Lal was appointed as Director on 10 Jan 2007.
Frequently asked questions
Garg Cotspin is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 January 2007 (19+ years old) and is registered under CIN U17121DL2007PTC157684.
Garg Cotspin has 2 current directors:
- Rakesh Kumar Garg - Director
- Kashmiri Lal - Director
The latest financial statements of Garg Cotspin on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Garg Cotspin has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Garg Cotspin is U17121DL2007PTC157684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Cotspin has 4 court cases on record: 4 filed by the company.
Garg Cotspin was incorporated on 10 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Kashmiri Lal was appointed as Director on 10 Jan 2007. Rakesh Kumar Garg was appointed as Director on 10 Jan 2007.
The registered office of Garg Cotspin is at 3401248 Hansapuri Tri Nagar, New Delhi, Delhi, India – 110035.
Garg Cotspin operates in the manufacturing industry, in the textile and fabric production segment.