About Harman Cottex & Seeds Private Limited
Data last updated:
Harman Cottex & Seeds Private Limited is a private limited company based in Khargone, Madhya Pradesh, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 14 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01111MP2009PTC022131. Its GSTIN is 23AACCH2497R2Z0 (Madhya Pradesh). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.73 Lakh. It was formerly known as Harman Cottex Private Limited. It is led by directors including Manjeet Singh Chawla and Nitesh Rathor.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opp. Dejala Devada Colony Bistan Road, Khargone, Madhya Pradesh, India – 451001.
As per the financials filed for FY 2025, the company reported a revenue of ₹530.53 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.38 Cr (net margin 1%) and EBITDA of ₹11.21 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 24% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harman Cottex. As per MCA filings, the company has open charges of ₹194.53 Cr and satisfied charges of ₹10.86 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 10 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.23 Cr; the latest was in March 2024. The company has 2 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmancottex.com.
Company details
CIN history
Harman Cottex & Seeds has one previous CIN (Corporate Identification Number): U17301MP2009PTC022131. The current CIN is U01111MP2009PTC022131, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01111MP2009PTC022131 | Current |
| U17301MP2009PTC022131 | Previous |
Contact details
Harman Cottex & Seeds Private Limited's registered office is in Khargone, Madhya Pradesh. Its website is harmancottex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOpp. Dejala Devada Colony Bistan Road, Khargone, Madhya Pradesh, India – 451001
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Harman Cottex & Seeds 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
Brands
Harman Cottex & Seeds operates one associated brand: Harman Cottex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplying cotton and agricultural products in India. | harmancottex.com |
Business activity
The main business activities of Harman Cottex & Seeds 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 Harman Cottex & Seeds Private Limited, buy the company report.
Financials of Harman Cottex & Seeds Private Limited
FY 2025 filings availableHarman Cottex & Seeds Private Limited reported revenue of ₹530.53 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 76% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.38 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1% | ||||
| 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 Harman Cottex & Seeds Private Limited, buy the company report.
Board of directors of Harman Cottex & Seeds Private Limited
Harman Cottex & Seeds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjeet Singh Chawla Also directs: Manjeet Fibers Private Limited | Director | 14 Jul 2009 | 17 Years 3 Months | Current |
| Nitesh Rathor | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Rasdeep Singh Chawla Also directs: Pukka Organix LLP, Marathwada Cotton Development Cluster | Director | 14 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Harman Cottex & Seeds Private Limited is audited by ANIL KAMAL GARG & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL KAMAL GARG & COMPANY | FY 2023 | 004186C |
Shareholding
The shareholding of Harman Cottex & Seeds 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 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 Harman Cottex & Seeds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101191403 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 07 Mar 2025 | 101077122 | Others | ₹18 Cr | Open | |
| 28 Oct 2024 | 100999350 | Others | ₹25 Lakh | Open | |
| 26 Mar 2024 | 100899806 | Bank of India | ₹34.5 Lakh | Open | |
| 20 Nov 2023 | 100844747 | Hdfc Bank Limited | ₹1.38 Cr | Open |
To see the full charge records of Harman Cottex & Seeds Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Harman Cottex & Seeds Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.23 Cr; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pinkcity Softpro Private Limited , S B Metalloy Private Limited , Shine Star Estate Private Limited , an individual |
| Feb 2010 | Funding round | ₹1.23 Cr | Investors: Shine Star Estate Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Harman Cottex & Seeds Private Limited has 11 court cases on record: 9 filed by Harman Cottex & Seeds, 2 filed against it. 10 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 7 |
| High courts | 2 | 2 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Callac Poly Exim Private Limited and 6 others | Pending |
| Bombay High Court | Court case (APPLN) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against Aashish Textiles Through Proprietor Ashish Kumar | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against Aasish Textiles Through Propritor Ashish Kuamr | Pending |
To see the full case history of Harman Cottex & Seeds 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.
Credit ratings & regulatory alerts
Harman Cottex & Seeds Private Limited was last rated by Brickwork on 10 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 10 Jan 2022 |
To see the full credit ratings and regulatory alerts of Harman Cottex & Seeds Private Limited, buy the company report.
MSME payment delays
Harman Cottex & Seeds Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 3 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 |
|---|---|---|---|
| RNRL Trade Hub Private Limited | |||
| Cu Inspections & Certifications India Private Limited |
To see the full MSME payment records of Harman Cottex & Seeds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harman Cottex & Seeds Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Harman Cottex & Seeds has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCH2497R2Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCH2497R3ZZ | Madhya Pradesh | Active | 17 Feb 2022 |
| 08AACCH2497R1ZT | Rajasthan | Active | 01 Jul 2017 |
| 24AACCH2497R1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harman Cottex & Seeds Private Limited, buy the company report.
Recent activity
Harman Cottex & Seeds Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Nitesh Rathor was appointed as Director on 24 Feb 2023.
15 earlier events are in the company report.
Frequently asked questions
Harman Cottex & Seeds is an active private limited company based in Khargone, Madhya Pradesh, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 14 July 2009 (17+ years old) and is registered under CIN U01111MP2009PTC022131.
Harman Cottex & Seeds has 3 current directors:
- Manjeet Singh Chawla - Director
- Nitesh Rathor - Director
- Rasdeep Singh Chawla - Director
The latest financial statements of Harman Cottex & Seeds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harman Cottex & Seeds is 23AACCH2497R2Z0, registered in Madhya Pradesh. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 23AACCH2497R3ZZ (Madhya Pradesh), 08AACCH2497R1ZT (Rajasthan), 24AACCH2497R1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Harman Cottex & Seeds is U01111MP2009PTC022131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harman Cottex & Seeds has 11 court cases on record: 9 filed by the company and 2 filed against it. 10 are pending. Most are in the district courts.
Harman Cottex & Seeds was incorporated on 14 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Harman Cottex & Seeds has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.23 Cr; the latest was in March 2024.
Nitesh Rathor was appointed as Director on 24 Feb 2023. Manjeet Singh Chawla was appointed as Director on 14 Jul 2009. Rasdeep Singh Chawla was appointed as Director on 14 Jul 2009.
Harman Cottex & Seeds has 2 MSME Form 1 returns on record between 2019 and 2021, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 01 Sep 2021.
Harman Cottex & Seeds can be reached through the website harmancottex.com. Its registered office is in Khargone, Madhya Pradesh, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
