Keshar Cotspin Private Limited
About Keshar Cotspin Private Limited
Data last updated:
Keshar Cotspin Private Limited is a private limited company based in Visnagar, Gujarat, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 13 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01405GJ2012PTC069857. The company has 1 GST registration on record, which is no longer active.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 ₹6.7 Lakh. It was formerly known as Gosa Cotspin Private Limited. It is led by directors Prakash Joita Ram Patel (Whole-Time Director) and Rahulkumar Ashvinbhai Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Survey No. 227/P1 228/P1 Savala, Visnagar, Gujarat, India – 384315.
As per the financials filed for FY 2018, the company reported a revenue of ₹36.45 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹21.92 Lakh (net margin -60.1%) and EBITDA of ₹29.4 Lakh (EBITDA margin 80.7%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years.
As per MCA filings, the company has satisfied charges of ₹5.5 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
Keshar Cotspin Private Limited's registered office is in Visnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 227/P1 228/P1 Savala, Visnagar, Gujarat, India – 384315
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Keshar 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 Keshar 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 Keshar Cotspin Private Limited, buy the company report.
Financials of Keshar Cotspin Private Limited
FY 2018 filings availableKeshar Cotspin Private Limited reported revenue of ₹36.45 Lakh (down 50% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over three years, including a 50% fall in the latest year. EBITDA rose 368% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹29.4 Lakh | |||
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| Net Profit (PAT) | -₹21.92 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 80.7% | |||
| Net Profit Margin | -60.1% | |||
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To see the full financial statements and ratios of Keshar Cotspin Private Limited, buy the company report.
Board of directors of Keshar Cotspin Private Limited
Keshar Cotspin has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Joita Ram Patel Also directs: Navin Fibres Pvt Ltd, Krashi Pumps Pvt Ltd | Whole-Time Director | 01 Mar 2015 | 11 Years 7 Months | Current |
| Rahulkumar Ashvinbhai Patel Also directs: Krashi Pumps Pvt Ltd, Gujarat Semiconductor Pvt Ltd | Whole-Time Director | 01 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Keshar Cotspin Private Limited is audited by V S PATEL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S PATEL & ASSOCIATES | FY 2016 | 107777W |
Shareholding
The shareholding of Keshar Cotspin Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Keshar Cotspin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2013 | 10439944 | The Mehsana Urban Co-Operative Bank Ltd | ₹5.5 Cr | Satisfied |
To see the full charge records of Keshar Cotspin Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Keshar Cotspin Private Limited has 4 court cases on record: 4 filed by Keshar Cotspin. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed by the company against State of Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Court case (MCA) | Filed by the company against State of Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of Keshar 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 Keshar Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Keshar Cotspin Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Keshar 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 Keshar Cotspin Private Limited, buy the company report.
Recent activity
Keshar Cotspin Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Prahladbhai Mohanlal Patel ceased to be Director on 01 Jul 2015.
Frequently asked questions
Keshar Cotspin is an active private limited company based in Visnagar, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 13 April 2012 (14+ years old) and is registered under CIN U01405GJ2012PTC069857.
Keshar Cotspin has 2 current directors:
- Prakash Joita Ram Patel - Whole-Time Director
- Rahulkumar Ashvinbhai Patel - Whole-Time Director
The latest financial statements of Keshar Cotspin on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Keshar Cotspin has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Keshar Cotspin is U01405GJ2012PTC069857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keshar Cotspin has 4 court cases on record: 4 filed by the company.
Keshar Cotspin was incorporated on 13 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prahladbhai Mohanlal Patel ceased to be Director on 01 Jul 2015. Sanjay Prahaldbhai Patel ceased to be Director on 01 Jul 2015. Prakash Joita Ram Patel was appointed as Whole-Time Director on 01 Mar 2015. Keshar Cotspin has 4 board changes on record in total.
The registered office of Keshar Cotspin is at Survey No. 227P1 228P1 Savala, Visnagar, Gujarat, India – 384315.
Keshar Cotspin operates in the agriculture industry, in the seed production and distribution segment.