MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-HR-06-0029916
Meera Cotspin Pvt Ltd
Meera Cotspin Pvt Ltd - home & lifestyle in Hansi, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2018
₹5.17 Cr
▼ 17% YoY
Net loss · FY 2018
₹54.05 Lakh
Net margin -10.4%
EBITDA · FY 2018
-₹27.82 Lakh
EBITDA margin -5.4%
Authorised capital
₹1.15 Cr
Registered with MCA
Paid-up capital
₹1.11 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹5.02 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
2
Provident fund records
About Meera Cotspin Pvt Ltd
Data last updated:
Meera Cotspin Pvt Ltd is a private limited company based in Hansi, Haryana, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U17110HR1995PTC032715. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors Jimmy Wadhwa and Bhagwan Dass.
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 3 Km Stone Barwala Road, Hansi, Haryana, India – 125033.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.17 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹54.05 Lakh (net margin -10.4%) and EBITDA of -₹27.82 Lakh (EBITDA margin -5.4%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹5.02 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Meera Cotspin Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-06-0029916). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17110HR1995PTC032715
Registration Number 032715
Incorporation Date 09 June 1995
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-06-0029916
Key People
Jimmy Wadhwa Director Bhagwan Dass Director Recognitions & Rankings of Meera Cotspin
Contact details
Meera Cotspin Pvt Ltd's registered office is in Hansi, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Km Stone Barwala Road, Hansi, Haryana, India – 125033
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Meera Cotspin Pvt Ltd, buy the company report.
Comprehensive company report
Meera Cotspin Pvt Ltd - 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 activities of Meera Cotspin are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and retail 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 | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Meera Cotspin Pvt Ltd, buy the company report.
Financials of Meera Cotspin Pvt Ltd
FY 2018 filings availableMeera Cotspin Pvt Ltd reported revenue of ₹5.17 Cr (down 17% YoY) for FY 2018.
Revenue · FY 2018
₹5.17 Cr ▼ 17%
Net loss · FY 2018
₹54.05 Lakh margin -10.4%
EBITDA · FY 2018
-₹27.82 Lakh margin -5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▲ 91%
3 years · compounded
▼ 36%
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 17% fall in the latest year. EBITDA rose 91% 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 | ||||
| Other Income | ||||
| Total Revenue | ₹5.17 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹27.82 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹54.05 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 | -5.4% | |||
| Net Profit Margin | -10.4% | |||
| 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 Meera Cotspin Pvt Ltd, buy the company report.
Board of directors of Meera Cotspin Pvt Ltd
Meera Cotspin has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jimmy Wadhwa | Director | 06 Apr 2018 | 8 Years 7 Months | Current |
| Bhagwan Dass | Director | 01 May 2018 | 8 Years 6 Months | Current |
Auditor
Meera Cotspin Pvt Ltd is audited by MAYANK GOYAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYANK GOYAL & CO | FY 2018 | 027062N |
Shareholding
The shareholding of Meera Cotspin Pvt Ltd is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Meera Cotspin Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
₹5.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2014 | 10505379 | Axis Bank Limited | ₹4.5 Cr | Open | |
| 05 Mar 2013 | 10416757 | Kotak Mahindra Bank Limited | ₹2.74 Cr | Satisfied | |
| 28 Nov 2009 | 10189342 | Punjab National Bank | ₹1.4 Cr | Satisfied | |
| 03 Sep 1998 | 90061486 | The Haryana Financial Corp. | ₹6.45 Lakh | Satisfied | |
| 25 Aug 1998 | 90061480 | State Bank of India | ₹22 Lakh | Satisfied |
To see the full charge records of Meera Cotspin Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Meera Cotspin Pvt Ltd has 4 court cases on record: 1 filed by Meera Cotspin, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Axis Bank Ltd. | Disposed |
| District court, Hisar, Haryana | Civil suit | Filed against the company by M/S Shree Ji Traders | Disposed |
| Supreme Court | Court case (2300-Nine Judges Bench Matter) | Filed against the company by State of Haryana Prohibition Excise and Taxation Department Secretary Secretary Civil Secretariat , District: Chandigarh ,Chandigarh , Chandigarh and 40 others | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against State of Haryana Etc. | Disposed |
To see the full case history of Meera Cotspin Pvt Ltd, 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 Meera Cotspin Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meera Cotspin Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Meera Cotspin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Meera Cotspin Pvt Ltd, buy the company report.
Recent activity
Meera Cotspin Pvt Ltd has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Bhagwan Dass was appointed as Director on 01 May 2018.
AGM
Meera Cotspin Pvt Ltd last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Appointed
Bhagwan Dass was appointed as Director.
Ceased
Dinesh Kumar ceased to be Director.
Appointed
Jimmy Wadhwa was appointed as Director.
Ceased
Sorabh ceased to be Director.
Filing
Meera Cotspin Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Haryana.
Charges
A charge with Axis Bank Limited of Rs. 4.50 Cr registered on 30 Jun 2014 with Charge ID 10505379 was modified on 18 Mar 2015.
Charges
A charge registered on 05 Mar 2013 via Charge ID 10416757 with Kotak Mahindra Bank Limited was fully satisfied on 26 Aug 2014.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.50 Cr with Charge ID 10505379 was registered on 30 Jun 2014.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 2.74 Cr registered on 05 Mar 2013 with Charge ID 10416757 was modified on 07 May 2014.
Ceased
Sant Lal Uthra ceased to be Director.
Charges
A charge registered on 28 Nov 2009 via Charge ID 10189342 with Punjab National Bank was fully satisfied on 18 Mar 2013.
12 earlier events are in the company report.
Frequently asked questions
Meera Cotspin is an active private limited company based in Hansi, Haryana, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 June 1995 (31+ years old) and is registered under CIN U17110HR1995PTC032715.
Meera Cotspin has 2 current directors:
- Jimmy Wadhwa - Director
- Bhagwan Dass - Director
The latest financial statements of Meera Cotspin 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. Meera Cotspin has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Meera Cotspin is U17110HR1995PTC032715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meera Cotspin has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
Meera Cotspin was incorporated on 09 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Haryana.
Bhagwan Dass was appointed as Director on 01 May 2018. Dinesh Kumar ceased to be Director on 01 May 2018. Jimmy Wadhwa was appointed as Director on 06 Apr 2018. Meera Cotspin has 6 board changes on record in total.
Yes, Meera Cotspin is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-06-0029916).
The registered office of Meera Cotspin is at 3 Km Stone Barwala Road, Hansi, Haryana, India – 125033.
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