- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-15-0004531

Muktsar Cotton Private Limited
About Muktsar Cotton Private Limited
Data last updated:
Muktsar Cotton Private Limited is a private limited company based in Muktsar, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1996PTC018840. Its GSTIN is 03AADCM7261R1Z1 (Punjab). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.37 Cr. It is led by directors including Supneet Grover and Navneet Grover.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Factory Road Muktsar, Punjab, India – 152026.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.9 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹17.37 Lakh (net margin 0.2%) and EBITDA of ₹2.47 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹252.71 Cr and satisfied charges of ₹33.78 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
Muktsar Cotton Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-15-0004531). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Muktsar Cotton
Contact details
Muktsar Cotton Private Limited's registered office is in Muktsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFactory Road Muktsar, Punjab, India – 152026
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Muktsar Cotton 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 Muktsar Cotton is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| 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 |
To see the full business activity and turnover split of Muktsar Cotton Private Limited, buy the company report.
Financials of Muktsar Cotton Private Limited
FY 2025 filings availableMuktsar Cotton Private Limited reported revenue of ₹90.9 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 18% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.47 Cr | ||||
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| Net Profit (PAT) | ₹17.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Muktsar Cotton Private Limited, buy the company report.
Board of directors of Muktsar Cotton Private Limited
Muktsar Cotton has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supneet Grover Also directs: Grospinz Fabz Limited | Director | 15 Dec 2003 | 22 Years 10 Months | Current |
| Navneet Grover Also directs: Grospinz Fabz Limited | Director | 15 Jan 2003 | 23 Years 9 Months | Current |
| Babu Lal Grover Also directs: Grospinz Fabz Limited | Director | 27 Sep 1996 | 30 Years 1 Months | Current |
| Asha Rani Grover Also directs: Grospinz Fabz Limited | Director | 27 Sep 1996 | 30 Years 1 Months | Current |
Auditor
Muktsar Cotton Private Limited is audited by SINGH KULJIT AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGH KULJIT AND ASSOCIATES | FY 2023 | 99443 |
Shareholding
The shareholding of Muktsar Cotton 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Muktsar Cotton Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2024 | 100850171 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 13 Dec 2021 | 100532583 | State Bank of India | ₹2 Cr | Open | |
| 25 Feb 2020 | 100326902 | Sbicap Trustee Company Limited | ₹201.46 Cr | Open | |
| 29 Mar 2013 | 10421678 | Sbicap Trustee Company Limited | ₹29.25 Cr | Open | |
| 08 Dec 2006 | 10028925 | State Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Muktsar Cotton Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Muktsar Cotton Private Limited has 5 court cases on record: 3 filed by Muktsar Cotton, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sri Muktsar Sahib, Punjab | Execution petition | Filed against the company by an individual | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Income Tax Officer | Disposed |
| High Court of Punjab and Haryana | Court case (COCP) | Filed by the company against an individual | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Income Tax Officer and Others and 4 others | Disposed |
| District court, Sri Muktsar Sahib, Punjab | Civil suit | Filed by the company against Krishna Agro Foods | Disposed |
To see the full case history of Muktsar Cotton 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.
Credit ratings & regulatory alerts
Muktsar Cotton Private Limited was last rated by Care on 14 Nov 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Nov 2025 |
To see the full credit ratings and regulatory alerts of Muktsar Cotton Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Muktsar Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Muktsar Cotton has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCM7261R1Z1 | Punjab | Active | 01 Jul 2017 |
| 03AADCM7261R2Z0 | Punjab | Active | 01 Apr 2025 |
| 24AADCM7261R1ZX | Gujarat | Active | 11 Dec 2019 |
To see the full GST registrations and return filing status of Muktsar Cotton Private Limited, buy the company report.
Recent activity
Muktsar Cotton Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Supneet Grover was appointed as Director on 15 Dec 2003.
7 earlier events are in the company report.
Frequently asked questions
Muktsar Cotton is an active private limited company based in Muktsar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 September 1996 (30+ years old) and is registered under CIN U17115PB1996PTC018840.
Muktsar Cotton has 4 current directors:
- Supneet Grover - Director
- Navneet Grover - Director
- Babu Lal Grover - Director
- Asha Rani Grover - Director
The latest financial statements of Muktsar Cotton on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Muktsar Cotton is 03AADCM7261R1Z1, registered in Punjab. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 03AADCM7261R2Z0 (Punjab), 24AADCM7261R1ZX (Gujarat).
The CIN (Corporate Identification Number) of Muktsar Cotton is U17115PB1996PTC018840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muktsar Cotton has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Muktsar Cotton was incorporated on 27 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Supneet Grover was appointed as Director on 15 Dec 2003. Navneet Grover was appointed as Director on 15 Jan 2003. Asha Rani Grover was appointed as Director on 27 Sep 1996. Muktsar Cotton has 4 board changes on record in total.
Yes, Muktsar Cotton is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-15-0004531).
The registered office of Muktsar Cotton is at Factory Road Muktsar, Punjab, India – 152026.

