Vinod Cotton Corp Private Limited

Vinod Cotton Corp Private Limited - home & lifestyle in Delhi, India. Directors, charges & compliance details.
CIN U17121DL2011PTC214029 Incorporated 14 February 2011 ROC Delhi HQ Delhi, India
Dissolved (Liquidated) Private Limited Company home and lifestyle
Data last updated
Revenue · FY 2016
₹76.82 Cr
▼ 37% YoY
Net profit · FY 2016
₹8.76 Lakh
Net margin 0.1%
EBITDA · FY 2016
₹2 Cr
EBITDA margin 2.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹19.56 Cr
Satisfied ₹28.83 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Vinod Cotton Corp Private Limited

Data last updated:

Vinod Cotton Corp Private Limited was a private limited company based in Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 14 February 2011.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U17121DL2011PTC214029. The company has 3 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.94 Cr. It was led by directors including Vinod Kumar Somani (Whole-Time Director) and Shyam Sunder Somani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 153 Iind Floor Katra Nawab Chandni Chowk, Delhi, India – 110006.

As per the financials filed for FY 2016, the company reported a revenue of ₹76.82 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹8.76 Lakh (net margin 0.1%) and EBITDA of ₹2 Cr (EBITDA margin 2.6%).

As per MCA filings, the company had open charges of ₹19.56 Cr and satisfied charges of ₹28.83 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.

Company details

CIN U17121DL2011PTC214029
Registration Number 214029
Incorporation Date 14 February 2011
ROC Delhi
Listing Status Unlisted
Company Status Dissolved (Liquidated)
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Contact details

Vinod Cotton Corp Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    153 Iind Floor Katra Nawab Chandni Chowk, Delhi, India – 110006
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Vinod Cotton Corp Private Limited, buy the company report.

Comprehensive company report
Vinod Cotton Corp 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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Financials of Vinod Cotton Corp Private Limited

FY 2016 filings available

Vinod Cotton Corp Private Limited reported revenue of ₹76.82 Cr (down 37% YoY) for FY 2016.

Revenue · FY 2016
₹76.82 Cr ▼ 37%
Net profit · FY 2016
₹8.76 Lakh margin 0.1%
EBITDA · FY 2016
₹2 Cr margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 37%
EBITDA CAGR growth
1 year
▼ 34%

Revenue fell 37% in the latest year. EBITDA fell 34% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹76.82 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.76 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin2.6%
Net Profit Margin0.1%
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 Vinod Cotton Corp Private Limited, buy the company report.

Board of directors of Vinod Cotton Corp Private Limited

Vinod Cotton Corp has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vinod Kumar SomaniWhole-Time Director14 Feb 201115 Years 8 MonthsAs last reported
Shyam Sunder SomaniWhole-Time Director14 Feb 201115 Years 8 MonthsAs last reported
Vikas SomaniWhole-Time Director14 Feb 201115 Years 8 MonthsAs last reported

Auditor

Vinod Cotton Corp Private Limited is audited by SAMARATH M SURANA & CO for the financial year 2016.

Auditor firmFinancial yearFirm registration number
SAMARATH M SURANA & COFY 2016010295N

Shareholding

The shareholding of Vinod Cotton Corp Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2015
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Vinod Cotton Corp Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.56 Cr
Satisfied charges
₹28.83 Cr
Breakdown by lending institutions
Others₹19.40 Cr
State Bank of Patiala₹0.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Apr 2016100038620Others₹19.4 CrOpen
27 Oct 201410575815State Bank of Patiala₹16 LakhOpen
26 Aug 201510600063Kotak Mahindra Bank Limited₹17 CrSatisfied
26 Mar 201410501667State Bank of Bikaner and Jaipur₹8 CrSatisfied
11 Jun 201210363314Jammu and Kashmir Bank Limited₹3.83 CrSatisfied

To see the full charge records of Vinod Cotton Corp Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vinod Cotton Corp Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vinod Cotton Corp has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Vinod Cotton Corp Private Limited, buy the company report.

Recent activity

Vinod Cotton Corp Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Pooja Somani ceased to be Whole-Time Director on 30 Jan 2016.

AGM
Vinod Cotton Corp Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Charges
A charge registered on 26 Aug 2015 via Charge ID 10600063 with Kotak Mahindra Bank Limited was fully satisfied on 24 Jun 2016.
Charges
A charge with Others amounted to Rs. 19.40 Cr with Charge ID 100038620 was registered on 07 Apr 2016.
Filing
Vinod Cotton Corp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.
Ceased
Pooja Somani ceased to be Whole-Time Director.
Ceased
Sunita Somani ceased to be Whole-Time Director.
Ceased
Swati Somani ceased to be Whole-Time Director.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10501667 with State Bank Of Bikaner And Jaipur was fully satisfied on 08 Sep 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 17.00 Cr with Charge ID 10600063 was registered on 26 Aug 2015.
Ceased
Shyam Sunder Somani ceased to be Director.
Ceased
Vikas Somani ceased to be Director.
Ceased
Vinod Kumar Somani ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Vinod Cotton Corp has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Vinod Cotton Corp was a private limited company based in Delhi, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 14 February 2011 and is registered under CIN U17121DL2011PTC214029. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.

Vinod Cotton Corp was incorporated on 14 February 2011. It is registered with the Registrar of Companies, Delhi.

Vinod Cotton Corp had 3 directors:

The CIN (Corporate Identification Number) of Vinod Cotton Corp is U17121DL2011PTC214029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Vinod Cotton Corp is at 153 Iind Floor Katra Nawab Chandni Chowk, Delhi, India – 110006.

The latest financial statements of Vinod Cotton Corp on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

No. Vinod Cotton Corp has 3 GST registrations on record and all of them are cancelled or inactive.

Vinod Cotton Corp operated in the home and lifestyle industry, in the textile retail and distribution segment.

Vinod Cotton Corp has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.