About GRG Cotspin Limited
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GRG Cotspin Limited is a public limited company based in Delhi, India, a subsidiary of Grg Cosmetics Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17200DL2013PLC255408. Its GSTIN is 24AAFCG2785C1ZT (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹45.52 Cr. It was formerly known as Grg Cotspin Private Limited. It is led by directors including Arvind Kumar Tuteja (Whole-Time Director) and Niraj Kumar Jain.
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 801 Aggarwal Millennium Tower – 1, Netaji Subhash Place Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹524.97 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹5.28 Cr (net margin 1%) and EBITDA of ₹32.95 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 536 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GRG Cotspin Limited. As per MCA filings, the company has open charges of ₹180.5 Cr and satisfied charges of ₹232.65 Cr on record. The company has 10 deals on record (6 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.43 Cr; the latest was in February 2020. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Avaneetha Textiles Private Limited with revenue of ₹526.62 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 grggroup.in.
Company details
CIN history
GRG Cotspin has one previous CIN (Corporate Identification Number): U17200DL2013PTC255408. The current CIN is U17200DL2013PLC255408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17200DL2013PLC255408 | Current |
| U17200DL2013PTC255408 | Previous |
Contact details
GRG Cotspin Limited's registered office is in Delhi, Delhi. Its website is grggroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address801 Aggarwal Millennium Tower – 1, Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of GRG Cotspin 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
GRG Cotspin operates one associated brand: GRG Cotspin Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Yarn manufacturing and textile production in India. | grggroup.in |
Business activity
The main business activity of GRG Cotspin 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 GRG Cotspin Limited, buy the company report.
Financials of GRG Cotspin Limited
FY 2024 filings availableGRG Cotspin Limited reported revenue of ₹524.97 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 20% 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 | ₹32.95 Cr | ||||
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| Net Profit (PAT) | ₹5.28 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 | 6.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of GRG Cotspin Limited, buy the company report.
Board of directors and KMP of GRG Cotspin Limited
GRG Cotspin Limited currently reports 4 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Kumar Jain | Director | 15 Jan 2021 | 5 Years 9 Months | Current |
| Jai Prakash Mishra Also directs: GRG Accessories Limited, GRG Cosmetics Private Limited, GRG Textile Solutions Limited and 5 more | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Arvind Kumar Tuteja Also directs: GRG Global Textiles Limited, GRG Accessories Limited | Whole-Time Director | 06 Apr 2015 | 11 Years 6 Months | Current |
| Rakesh Sharma Kumar Also directs: GRG Cosmetics Private Limited | Cfo | 01 Dec 2017 | 8 Years 10 Months | Current |
| Neha Mittal | Director | 15 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
GRG Cotspin Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Avaneetha Textiles Private Limited | ₹526.62 Cr (FY 2025) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Deepak Spinners Limited | ₹526.36 Cr (FY 2025) | 11.0% | Himachal Pradesh, India | |||
| Le Merite Exports Limited | ₹525.86 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Globe Enterprises (India) Limited | ₹525.53 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| GRG Cotspin Limitedthis company | ₹524.97 Cr (FY 2025) | ₹5.28 Cr | 1% | -9.0% | 536 | Delhi, India |
| Rajaguru Spinning Mills Private Limited | ₹513.05 Cr (FY 2025) | -20.0% | Erode, Tamil Nadu, India | |||
| Geelon Industries Private Limited | ₹511.13 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Gayatri Weavers Private Limited | ₹504.35 Cr (FY 2025) | 339.0% | Ahmedabad, Gujarat, India | |||
| Colortone Textiles Private Limited | ₹501.8 Cr (FY 2025) | 25.0% | Chamrajanagar, Karnataka, India |
To see the full peer comparison of GRG Cotspin Limited, buy the company report.
Auditor
GRG Cotspin Limited is audited by BASK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASK & ASSOCIATES | FY 2023 | 013552N |
Shareholding
The shareholding of GRG Cotspin 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GRG Cotspin Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2025 | 101135409 | Others | ₹56 Cr | Open | |
| 18 Dec 2023 | 100841761 | Indian Bank | ₹18.5 Cr | Open | |
| 17 Mar 2017 | 100087006 | Tamilnad Mercantile Bank Limited | ₹6 Cr | Open | |
| 03 Oct 2016 | 100055974 | Sbicap Trustee Company Limited | ₹100 Cr | Open | |
| 23 May 2016 | 100031225 | Others | ₹40 Cr | Satisfied |
To see the full charge records of GRG Cotspin Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
GRG Cotspin Limited has 10 deals on record (6 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.43 Cr; the latest was in February 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Rightgrowth Trading Private Limited Seller: Infradorea Private Limited |
| Apr 2016 | Rights issue | ₹5.58 Cr | Investors: GRG Cosmetics Private Limited , Welspun Polly Buttons Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Infradorea Private Limited Seller: Internaional Synthfab Private Limited |
| Aug 2015 | Funding round | ₹3.55 Cr | Investors: GRG Cosmetics Private Limited |
| Nov 2014 | Funding round | ₹4.38 Cr | Investors: GRG Cosmetics Private Limited |
To see the full deal history of GRG Cotspin 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
No court or tribunal cases involving GRG Cotspin Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
GRG Cotspin Limited was last rated by Care on 24 Mar 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Mar 2026 |
To see the full credit ratings and regulatory alerts of GRG Cotspin Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GRG Cotspin Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GRG Cotspin Limited has a workforce of 536 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
GRG Cotspin has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCG2785C1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GRG Cotspin Limited, buy the company report.
Recent activity
GRG Cotspin Limited has 16 board changes on record since 2015: 5 appointments and 11 cessations. The latest: Jai Prakash Mishra ceased to be Additional Director on 29 Sep 2024.
19 earlier events are in the company report.
Frequently asked questions
GRG Cotspin is an active public limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 July 2013 (13+ years old) and is registered under CIN U17200DL2013PLC255408.
GRG Cotspin has 5 current directors and KMP:
- Arvind Kumar Tuteja - Whole-Time Director
- Niraj Kumar Jain - Director
- Jai Prakash Mishra - Director
- Neha Mittal - Director
- Rakesh Sharma Kumar - Cfo
The latest financial statements of GRG Cotspin 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 2015 are in the company report.
The GSTIN of GRG Cotspin is 24AAFCG2785C1ZT, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of GRG Cotspin is U17200DL2013PLC255408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GRG Cotspin was incorporated on 16 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
GRG Cotspin has 10 deals on record (6 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.43 Cr; the latest was in February 2020.
The peers of GRG Cotspin by revenue are Avaneetha Textiles Private Limited, Deepak Spinners Limited, Le Merite Exports Limited, Globe Enterprises (India) Limited, Rajaguru Spinning Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jai Prakash Mishra ceased to be Additional Director on 29 Sep 2024. Jai Prakash Mishra was appointed as Director on 16 Oct 2023. Vikas Bansal ceased to be Additional Director on 30 Mar 2022. GRG Cotspin has 16 board changes on record in total.
GRG Cotspin can be reached through the website grggroup.in. Its registered office is in Delhi, India.
The registered office of GRG Cotspin is at 801 Aggarwal Millennium Tower – 1, Netaji Subhash Place Pitampura, Delhi, India – 110034.