About Lakshmi Cot-Gin Private Limited
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Lakshmi Cot-Gin Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17121GJ2005PTC046142. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Vishalkumar Natvarlal Lotiya and Nimish Lotia Natwarlal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Survey No. 22/24 B/H Semla Bus Stop Rajkot National Highway At: Biliyala T, Al: Gondal, Gujarat, India – 360311.
As per the financials filed for FY 2018, the company reported a revenue of ₹112.01 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.18 Lakh (net margin 0.1%) and EBITDA of ₹2.39 Cr (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹28.89 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 6 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹20 Lakh; the latest was in May 2011. 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, 3 larger and 5 smaller; the largest is Viraj Exports Private Limited with revenue of ₹112.32 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 lakshmicot.com.
Company details
Contact details
Lakshmi Cot-Gin Private Limited's registered office is in Gondal, Gujarat. Its website is lakshmicot.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSurvey No. 22/24 B/H Semla Bus Stop Rajkot National Highway At: Biliyala T, Al: Gondal, Gujarat, India – 360311
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Lakshmi Cot-Gin 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 Lakshmi Cot-Gin 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 Lakshmi Cot-Gin Private Limited, buy the company report.
Financials of Lakshmi Cot-Gin Private Limited
FY 2018 filings availableLakshmi Cot-Gin Private Limited reported revenue of ₹112.01 Cr (up 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 12% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹112.01 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.39 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.18 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.1% | |||
| Net Profit Margin | 0.1% | |||
| 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 Lakshmi Cot-Gin Private Limited, buy the company report.
Board of directors of Lakshmi Cot-Gin Private Limited
Lakshmi Cot-Gin 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 |
|---|---|---|---|---|
| Vishalkumar Natvarlal Lotiya Also directs: Lakshmi Cotfab Private Limited | Director | 27 May 2005 | 21 Years 5 Months | Current |
| Nimish Lotia Natwarlal Also directs: Lakshmi Cotfab Private Limited | Director | 27 May 2005 | 21 Years 5 Months | Current |
Peer comparison
Lakshmi Cot-Gin Private 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 |
|---|---|---|---|---|---|---|
| Viraj Exports Private Limited | ₹112.32 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Palani Vijay Cottspin Private Limited | ₹112.28 Cr (FY 2025) | 12.0% | Dharapuram, Tamil Nadu, India | |||
| Shahi Knits Private Limited | ₹112.09 Cr (FY 2025) | 34.0% | Faridabad, Haryana, India | |||
| Lakshmi Cot-Gin Private Limitedthis company | ₹112.01 Cr (FY 2018) | ₹8.18 Lakh | 0.1% | 10.0% | Gondal, Gujarat, India | |
| Pacific Jute Limited | ₹111.97 Cr (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Nisan Spintex Private Limited | ₹111.94 Cr (FY 2025) | 47.0% | Rajkot, Gujarat, India | |||
| Choice Clothing Company Private Limited | ₹111.67 Cr (FY 2025) | 92.0% | New Delhi, Delhi, India | |||
| Neelam Linens and Garments (India) Limited | ₹111.64 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Ratan Barjatiya Spinners Private Limited | ₹111.41 Cr (FY 2025) | -7.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Lakshmi Cot-Gin Private Limited, buy the company report.
Auditor
Lakshmi Cot-Gin Private Limited is audited by H B KALARIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B KALARIA & ASSOCIATES | FY 2018 | 104571W |
Shareholding
The shareholding of Lakshmi Cot-Gin Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Lakshmi Cot-Gin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2006 | 80016200 | Others | ₹22 Cr | Open | |
| 10 Jan 2006 | 80016199 | Corporation Bank | ₹6.89 Cr | Open |
To see the full charge records of Lakshmi Cot-Gin Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Lakshmi Cot-Gin Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹20 Lakh; the latest was in May 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2011 | Funding round | ₹20 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lakshmi Cot-Gin Private Limited has 10 court cases on record: 7 filed by Lakshmi Cot-Gin, 3 filed against it. 6 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 4 |
| District courts | 4 | 1 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Union Bank of India | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Bhadresh Trading Corporation Limited | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Bhadresh Trading Corporation Limited and 1 other | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against individuals | Pending |
To see the full case history of Lakshmi Cot-Gin 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 Lakshmi Cot-Gin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lakshmi Cot-Gin 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 Lakshmi Cot-Gin Private Limited, buy the company report.
Recent activity
Lakshmi Cot-Gin Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Manoramaben Natvarlal Lotiya ceased to be Director on 26 Mar 2019.
Frequently asked questions
Lakshmi Cot-Gin is an active private limited company based in Gondal, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 May 2005 (21+ years old) and is registered under CIN U17121GJ2005PTC046142.
Lakshmi Cot-Gin has 2 current directors:
- Vishalkumar Natvarlal Lotiya - Director
- Nimish Lotia Natwarlal - Director
The latest financial statements of Lakshmi Cot-Gin on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Lakshmi Cot-Gin has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lakshmi Cot-Gin is U17121GJ2005PTC046142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshmi Cot-Gin has 10 court cases on record: 7 filed by the company and 3 filed against it. 6 are pending. Most are in the high courts.
Lakshmi Cot-Gin was incorporated on 27 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lakshmi Cot-Gin has 1 deal on record (1 funding round), with disclosed funding of ₹20 Lakh; the latest was in May 2011.
The peers of Lakshmi Cot-Gin by revenue are Viraj Exports Private Limited, Palani Vijay Cottspin Private Limited, Shahi Knits Private Limited, Pacific Jute Limited, Nisan Spintex Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Manoramaben Natvarlal Lotiya ceased to be Director on 26 Mar 2019. Natwarlal Chatrabhuj Lotia ceased to be Director on 26 Mar 2019. Nimish Lotia Natwarlal was appointed as Director on 27 May 2005. Lakshmi Cot-Gin has 4 board changes on record in total.
Lakshmi Cot-Gin can be reached through the website lakshmicot.com. Its registered office is in Gondal, Gujarat, India.
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