MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-08-0023347
Kothari Spinners Private Limited
Kothari Spinners Private Limited - manufacturing in Bikaner, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.82 Cr
▲ 4% YoY
Net profit · FY 2024
₹2.94 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹56.12 Lakh
EBITDA margin 5.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹91 Lakh
Issued & subscribed
Open charges
₹8.5 Cr
Secured borrowings
Company age
27 yrs
Est. 1999
Employees · EPFO
43
Provident fund records
About Kothari Spinners Private Limited
Data last updated:
Kothari Spinners Private Limited is a private limited company based in Bikaner, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17118RJ1999PTC015784. Its GSTIN is 08AABCK2703J1ZQ (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It is led by directors including Vinay Kothari and Seema Kothari.
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 57 – 66 Ind. Area Rani Bazar Bikaner, Rajasthan, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.82 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.94 Lakh (net margin 0.3%) and EBITDA of ₹56.12 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Kothari Spinners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-08-0023347). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17118RJ1999PTC015784
Registration Number 015784
Incorporation Date 26 July 1999
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-08-0023347
Recognitions & Rankings of Kothari Spinners
Contact details
Kothari Spinners Private Limited's registered office is in Bikaner, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered Address57 – 66 Ind. Area Rani Bazar Bikaner, Rajasthan, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kothari Spinners Private Limited, buy the company report.
Comprehensive company report
Kothari Spinners Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Kothari Spinners 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 Kothari Spinners Private Limited, buy the company report.
Financials of Kothari Spinners Private Limited
FY 2024 filings availableKothari Spinners Private Limited reported revenue of ₹10.82 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹10.82 Cr ▲ 4%
Net profit · FY 2024
₹2.94 Lakh margin 0.3%
EBITDA · FY 2024
₹56.12 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 11%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 3%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 4% growth in the latest year. EBITDA fell 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹56.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.94 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Kothari Spinners Private Limited, buy the company report.
Board of directors of Kothari Spinners Private Limited
Kothari Spinners has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kothari | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
| Seema Kothari | Director | 10 Sep 2003 | 23 Years 1 Months | Current |
| Praveen Kumar Kothari | Director | 26 Jul 1999 | 27 Years 3 Months | Current |
Peer comparison
Kothari Spinners Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Vashishtha Luxury Fashion Limited | ₹10.84 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India | |||
| Shiv Shakti Texolene Private Limited | ₹10.83 Cr (FY 2025) | -3.0% | Surat, Gujarat, India | |||
| Sohana Woollen Mills Pvt Ltd | ₹10.83 Cr (FY 2024) | -26.0% | Punjab, India | |||
| Shanmuga Tex Private Limited | ₹10.83 Cr (FY 2024) | 9.0% | Bangalore, Karnataka, India | |||
| Kothari Spinners Private Limitedthis company | ₹10.82 Cr (FY 2024) | ₹2.94 Lakh | 0.3% | 4.0% | 43 | Bikaner, Rajasthan, India |
| Jaipur Cotton Art Works Private Limited | ₹10.8 Cr (FY 2025) | 8.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Kothari Spinners Private Limited, buy the company report.
Auditor
Kothari Spinners Private Limited is audited by M SURANA AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M SURANA AND CO. | FY 2023 | 015312C |
Shareholding
The shareholding of Kothari Spinners 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 Kothari Spinners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2024 | 100896417 | Others | ₹4.23 Cr | Open | |
| 18 Nov 2021 | 100505488 | Others | ₹17 Lakh | Open | |
| 15 Jun 2020 | 100353036 | Others | ₹33 Lakh | Open | |
| 01 May 2020 | 100339681 | Others | ₹17.5 Lakh | Open | |
| 06 Feb 2003 | 90068832 | Bank of Baroda | ₹34 Lakh | Open |
To see the full charge records of Kothari Spinners Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Kothari Spinners Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by State Government | Pending |
| District court, Sikar, Rajasthan | Court case (Complaint) | Filed against the company by State of Rajasthan | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Shree Woollen Industries | Disposed |
| High Court | Court case (COP) | Filed against the company by Shree Woollen Industries | Disposed |
To see the full case history of Kothari Spinners 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 Kothari Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kothari Spinners Private Limited has a workforce of 43 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
16.22%
GST
Kothari Spinners has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCK2703J1ZQ | Rajasthan | Active | 01 Jul 2017 |
| 09AABCK2703J1ZO | Uttar Pradesh | Active | 27 Jul 2022 |
To see the full GST registrations and return filing status of Kothari Spinners Private Limited, buy the company report.
Recent activity
Kothari Spinners Private Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Sunil Sethia ceased to be Director on 13 Mar 2021.
AGM
Kothari Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kothari Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 4.23 Cr with Charge ID 100896417 was registered on 15 Feb 2024.
Charges
A charge with Others of Rs. 3.00 Cr registered on 09 Oct 2000 with Charge ID 90070621 was modified on 05 May 2022.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100505488 was registered on 18 Nov 2021.
Ceased
Sunil Sethia ceased to be Director.
Ceased
Vinay Kothari ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100353036 was registered on 15 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100339681 was registered on 01 May 2020.
Appointed
Vinay Kothari was appointed as Director.
Ceased
Jitesh Buccha ceased to be Director.
Appointed
Seema Kothari was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Kothari Spinners is an active private limited company based in Bikaner, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 July 1999 (27+ years old) and is registered under CIN U17118RJ1999PTC015784.
Kothari Spinners has 3 current directors:
- Vinay Kothari - Director
- Seema Kothari - Director
- Praveen Kumar Kothari - Director
The latest financial statements of Kothari Spinners 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 Kothari Spinners is 08AABCK2703J1ZQ, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AABCK2703J1ZO (Uttar Pradesh).
The CIN (Corporate Identification Number) of Kothari Spinners is U17118RJ1999PTC015784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kothari Spinners has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Kothari Spinners was incorporated on 26 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Kothari Spinners by revenue are Vashishtha Luxury Fashion Limited, Shiv Shakti Texolene Private Limited, Sohana Woollen Mills Pvt Ltd, Shanmuga Tex Private Limited, Jaipur Cotton Art Works Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Sunil Sethia ceased to be Director on 13 Mar 2021. Vinay Kothari ceased to be Additional Director on 31 Dec 2020. Vinay Kothari was appointed as Director on 16 Dec 2019. Kothari Spinners has 6 board changes on record in total.
Yes, Kothari Spinners is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-08-0023347).
The registered office of Kothari Spinners is at 57 – 66 Ind. Area Rani Bazar Bikaner, Rajasthan, India.
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