Kavan Cotton Private Limited
About Kavan Cotton Private Limited
Data last updated:
Kavan Cotton Private Limited is a private limited company based in Chanchavadarada, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 April 2008.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2008PTC053514. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.9 Cr. It is led by directors including Popatbhai Ramjibhai Bhalara and Mayurbhai Hasmukhbhai Bhalala.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Kavan Cotton Maliya – Jamnagar Highway Tal. Maliya (Miyana), Chanchavadarada, Gujarat, India – 363636.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.9 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹2.47 Cr and EBITDA of ₹7.65 Lakh (EBITDA margin 96.8%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 81% over five years.
As per MCA filings, the company has open charges of ₹1.02 Cr and satisfied charges of ₹49.5 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it.
Company details
Contact details
Kavan Cotton Private Limited's registered office is in Chanchavadarada, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKavan Cotton Maliya – Jamnagar Highway Tal. Maliya (Miyana), Chanchavadarada, Gujarat, India – 363636
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kavan Cotton 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
Financials of Kavan Cotton Private Limited
FY 2020 filings availableKavan Cotton Private Limited reported revenue of ₹7.9 Lakh (down 68% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years, including a 68% fall in the latest year. EBITDA fell 58% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹7.65 Lakh | ||||
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| Net Profit (PAT) | -₹2.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 96.8% | ||||
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To see the full financial statements and ratios of Kavan Cotton Private Limited, buy the company report.
Board of directors of Kavan Cotton Private Limited
Kavan Cotton has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Popatbhai Ramjibhai Bhalara | Director | 01 Apr 2011 | 15 Years 7 Months | As last reported |
| Mayurbhai Hasmukhbhai Bhalala | Director | 09 Dec 2020 | 5 Years 10 Months | As last reported |
| Vinod Tarachand Agrawal | Irp/Rp/Liquidator | 06 Oct 2023 | 3 Years 0 Months | As last reported |
| Hitesh Narayanprasad Agrawal | Irp/Rp/Liquidator | 16 May 2024 | 2 Years 5 Months | As last reported |
Peer comparison
Kavan Cotton Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Cotton, Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deesan Exports Private Limited | ₹7.93 Lakh (FY 2024) | 58.0% | Mumbai, Maharashtra, India | |||
| Indus Textiles Private Limited | ₹7.93 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Orbit Zippers Private Limited | ₹7.92 Lakh (FY 2024) | 48.0% | New Delhi, Delhi, India | |||
| K K K Fabric Processors Private Limited | ₹7.91 Lakh (FY 2024) | -34.0% | New Delhi, Delhi, India | |||
| Leisure Time Garments Private Limited | ₹7.91 Lakh (FY 2025) | 16.0% | Ludhiana, Punjab, India | |||
| Kavan Cotton Private Limitedthis company | ₹7.9 Lakh (FY 2020) | -₹2.47 Cr | -68.0% | Chanchavadarada, Gujarat, India | ||
| Fem Cotton Private Limited | ₹7.9 Lakh (FY 2024) | 108.0% | Rajkot, Gujarat, India | |||
| Gokul Debnath Trading Co. Private Limited | ₹7.9 Lakh (FY 2016) | 66.0% | Kolkata, West Bengal, India | |||
| S S B Fashions Private Limited | ₹7.87 Lakh (FY 2025) | 0.0% | Surat, Gujarat, India | |||
| Shri Bankey Bihari Dyeing & Finishing Private Limited | ₹7.87 Lakh (FY 2018) | 8.0% | Delhi, India | |||
| The Maharaja Kishangarh Somyag Mills Co. (Trans.) Limited | ₹7.86 Lakh (FY 2025) | 5.0% | Ajmer, Rajasthan, India |
To see the full peer comparison of Kavan Cotton Private Limited, buy the company report.
Auditor
Kavan Cotton Private Limited is audited by KULKARNI SAURABH PRAKASH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULKARNI SAURABH PRAKASH | FY 2017 |
Shareholding
The shareholding of Kavan Cotton 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 Kavan Cotton Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2021 | 100485606 | Others | ₹1.02 Cr | Open | |
| 25 Jan 2012 | 10336703 | State Bank of India | ₹41.5 Cr | Satisfied | |
| 11 Nov 2008 | 10132278 | Dena Bank | ₹8 Cr | Satisfied |
To see the full charge records of Kavan Cotton Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kavan Cotton Private Limited has 8 court cases on record: 7 filed by Kavan Cotton, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 5 | 1 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Rajradhe Finance Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Cotton Corporation of India Ltd Thro Chairman & M.D. and 2 others | Disposed |
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed by the company | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Kavan Cotton 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
Kavan Cotton Private Limited was last rated by Icra on 15 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Dec 2021 |
To see the full credit ratings and regulatory alerts of Kavan Cotton Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kavan Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kavan Cotton Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
Kavan Cotton 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 Kavan Cotton Private Limited, buy the company report.
Recent activity
Kavan Cotton Private Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Hitesh Narayanprasad Agrawal was appointed as Irp/Rp/Liquidator on 16 May 2024.
10 earlier events are in the company report.
Frequently asked questions
Kavan Cotton is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kavan Cotton is a company under liquidation, formerly operating as a private limited company based in Chanchavadarada, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 April 2008 and is registered under CIN U26914GJ2008PTC053514. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kavan Cotton has 4 current directors:
- Popatbhai Ramjibhai Bhalara - Director
- Mayurbhai Hasmukhbhai Bhalala - Director
- Vinod Tarachand Agrawal - Irp/Rp/Liquidator
- Hitesh Narayanprasad Agrawal - Irp/Rp/Liquidator
The latest financial statements of Kavan Cotton on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kavan Cotton is U26914GJ2008PTC053514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kavan Cotton has open charges of ₹1.02 Cr and satisfied charges of ₹49.5 Cr as per latest MCA filings.
Kavan Cotton has 8 court cases on record: 7 filed by the company and 1 filed against it. Most are in the nclt.
Kavan Cotton was incorporated on 07 April 2008. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kavan Cotton by revenue are Deesan Exports Private Limited, Indus Textiles Private Limited, Orbit Zippers Private Limited, K K K Fabric Processors Private Limited, Leisure Time Garments Private Limited and 5 more, all in the Manufacturing industry (Cotton, Textiles).
Hitesh Narayanprasad Agrawal was appointed as Irp/Rp/Liquidator on 16 May 2024. Vinod Tarachand Agrawal was appointed as Irp/Rp/Liquidator on 06 Oct 2023. Jitendra Popatlal Bhalara ceased to be Director on 11 Dec 2020. Kavan Cotton has 12 board changes on record in total.
The registered office of Kavan Cotton is at Kavan Cotton Maliya – Jamnagar Highway Tal. Maliya Miyana, Chanchavadarada, Gujarat, India – 363636.
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