- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-11-0005235

Giriraj Cotsyn Private Limited
About Giriraj Cotsyn Private Limited
Data last updated:
Giriraj Cotsyn Private Limited is a private limited company based in Manavadar, Gujarat, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 18 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52320GJ2015PTC084256. Its GSTIN is 24AAGCG0933M1ZL (Gujarat).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Prince Hiteshbhai Vanpariya and Ashwinbhai Laxmanbhai Pethani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mitdi Road, Manavadar, Gujarat, India – 362630.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.52 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.49 Lakh (net margin 0.2%) and EBITDA of ₹54.83 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
As per MCA filings, the company has open charges of ₹5.1 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Giriraj Cotsyn Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-11-0005235). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Giriraj Cotsyn
Contact details
Giriraj Cotsyn Private Limited's registered office is in Manavadar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMitdi Road, Manavadar, Gujarat, India – 362630
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Giriraj 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
Business activity
The main business activities of Giriraj Cotsyn are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Giriraj Cotsyn Private Limited, buy the company report.
Financials of Giriraj Cotsyn Private Limited
FY 2024 filings availableGiriraj Cotsyn Private Limited reported revenue of ₹73.52 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 225% 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 | ₹54.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.49 Lakh | ||||
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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 | 0.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Giriraj Cotsyn Private Limited, buy the company report.
Board of directors of Giriraj Cotsyn Private Limited
Giriraj Cotsyn has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prince Hiteshbhai Vanpariya | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Ashwinbhai Laxmanbhai Pethani | Director | 18 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Giriraj Cotsyn Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Edible Oils, Seeds, 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 |
|---|---|---|---|---|---|---|
| Keshari Industries Private Limited | ₹73.58 Cr (FY 2024) | 25.0% | Mumbai, Maharashtra, India | |||
| Garuda Yarns Private Limited | ₹73.58 Cr (FY 2025) | 47.0% | Surat, Gujarat, India | |||
| Suchitraa Silk Private Limited | ₹73.52 Cr (FY 2025) | 27.0% | Tamil Nadu, India | |||
| Giriraj Cotsyn Private Limitedthis company | ₹73.52 Cr (FY 2025) | ₹12.49 Lakh | 0.2% | 8.0% | Manavadar, Gujarat, India | |
| L T Fashions Private Limited | ₹73.5 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Sanganeriya Spinning Mills Limited | ₹73.48 Cr (FY 2025) | -10.0% | Gurgaon, Haryana, India | |||
| Kedarnath Cottons Private Limited | ₹73.37 Cr (FY 2025) | -4.0% | Adilabad, Telangana, India |
To see the full peer comparison of Giriraj Cotsyn Private Limited, buy the company report.
Auditor
Giriraj Cotsyn Private Limited is audited by VEKARIYA BABARIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEKARIYA BABARIYA & ASSOCIATES | FY 2023 | 133839W |
Shareholding
The shareholding of Giriraj 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 Giriraj Cotsyn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2024 | 100997701 | Canara Bank | ₹5.1 Cr | Open |
To see the full charge records of Giriraj Cotsyn Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Giriraj Cotsyn Private Limited has 5 court cases on record: 4 filed by Giriraj Cotsyn, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Shrinathji Spintex Pvt Ltd. | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against The State of Gujarat | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Assistant Commissioner of Commercial Tax | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Authorized Officer, State Bank of India and 8 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Giriraj 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.
MSME payment delays
Giriraj Cotsyn Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Giriraj Cotsyn Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Giriraj Cotsyn has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG0933M1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Giriraj Cotsyn Private Limited, buy the company report.
Recent activity
Giriraj Cotsyn Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Vijaybhai Poshiya Vallabhbhai ceased to be Director on 23 Sep 2021.
Frequently asked questions
Giriraj Cotsyn is an active private limited company based in Manavadar, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 18 August 2015 (11+ years old) and is registered under CIN U52320GJ2015PTC084256.
Giriraj Cotsyn has 2 current directors:
- Prince Hiteshbhai Vanpariya - Director
- Ashwinbhai Laxmanbhai Pethani - Director
The latest financial statements of Giriraj Cotsyn on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Giriraj Cotsyn is 24AAGCG0933M1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Giriraj Cotsyn is U52320GJ2015PTC084256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giriraj Cotsyn has 5 court cases on record: 4 filed by the company and 1 filed against it.
Giriraj Cotsyn was incorporated on 18 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Giriraj Cotsyn by revenue are Keshari Industries Private Limited, Garuda Yarns Private Limited, Suchitraa Silk Private Limited, L T Fashions Private Limited, Sanganeriya Spinning Mills Limited and 1 more, all in the Agriculture industry (Edible Oils, Seeds, Textiles), with the same principal business activity (textile, leather and other apparel products).
Vijaybhai Poshiya Vallabhbhai ceased to be Director on 23 Sep 2021. Prince Hiteshbhai Vanpariya was appointed as Director on 22 Sep 2021. Ashwinbhai Laxmanbhai Pethani was appointed as Director on 18 Aug 2015.
Yes, Giriraj Cotsyn is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-11-0005235).
Giriraj Cotsyn has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 May 2019.
The registered office of Giriraj Cotsyn is at Mitdi Road, Manavadar, Gujarat, India – 362630.

