Neeru Cotton Private Limited
About Neeru Cotton Private Limited
Data last updated:
Neeru Cotton Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 and fabric production segment of the manufacturing sector. It was incorporated on 12 December 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2012PTC072962.
The company had an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It was led by directors Disha Dinesh Oswal and Dineshkumar Khemchand.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 1719 Dhobi Ni Khadki Kapadiwad O/S Raipur Gate, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2015, the company reported a revenue of ₹11.97 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.51 Lakh (net margin 0.5%) and EBITDA of ₹47.05 Lakh (EBITDA margin 3.9%).
As per MCA filings, the company had open charges of ₹4.5 Cr and satisfied charges of ₹45 Lakh on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 1 case is pending.
Company details
Contact details
Neeru Cotton Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1719 Dhobi Ni Khadki Kapadiwad O/S Raipur Gate, Ahmedabad, Gujarat, India – 380001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Neeru 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
Financials of Neeru Cotton Private Limited
FY 2015 filings availableNeeru Cotton Private Limited reported revenue of ₹11.97 Cr (up 14% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹11.97 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹47.05 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹5.51 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.9% |
| Net Profit Margin | 0.5% |
| 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 Neeru Cotton Private Limited, buy the company report.
Board of directors of Neeru Cotton Private Limited
Neeru Cotton has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Disha Dinesh Oswal | Director | 12 Dec 2012 | 13 Years 10 Months | As last reported |
| Dineshkumar Khemchand Also directs: Neo Vastram Private Limited | Director | 12 Dec 2012 | 13 Years 10 Months | As last reported |
Auditor
Neeru Cotton Private Limited is audited by KANABAR & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANABAR & ASSOCIATES | FY 2015 | 122216W |
Shareholding
The shareholding of Neeru Cotton Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Neeru Cotton Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2016 | 100044310 | Bank of India | ₹40 Lakh | Open | |
| 14 Aug 2015 | 10592470 | Bank of India | ₹60 Lakh | Open | |
| 28 Sep 2013 | 10452516 | Bank of India | ₹3.5 Cr | Open | |
| 29 Mar 2013 | 10420367 | Bank of Baroda | ₹45 Lakh | Satisfied |
To see the full charge records of Neeru Cotton Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Neeru Cotton Private Limited has 14 court cases on record: 3 filed by Neeru Cotton, 11 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 1 |
| High courts | 4 | 4 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against Magma Fincorp Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Hinduja Layland Finance Ltd | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal miscellaneous application | Filed against the company by India Resurgence Arc Pvt Ltd Authorised Mr Akshy Rao | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against individuals | Disposed |
To see the full case history of Neeru 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neeru Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Neeru Cotton Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neeru Cotton Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Dineshkumar Khemchand was appointed as Director on 12 Dec 2012.
Frequently asked questions
Neeru Cotton 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.
Neeru Cotton was a private limited company based in Ahmedabad, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 12 December 2012 and is registered under CIN U18101GJ2012PTC072962. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Neeru Cotton was incorporated on 12 December 2012. It is registered with the Registrar of Companies, Ahmedabad.
Neeru Cotton had 2 directors:
- Disha Dinesh Oswal - Director
- Dineshkumar Khemchand - Director
The CIN (Corporate Identification Number) of Neeru Cotton is U18101GJ2012PTC072962. 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 Neeru Cotton is at 1719 Dhobi Ni Khadki Kapadiwad OS Raipur Gate, Ahmedabad, Gujarat, India – 380001.
The latest financial statements of Neeru Cotton on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
Neeru Cotton operated in the manufacturing industry, in the textile and fabric production segment.
Neeru Cotton has 14 court cases on record: 3 filed by the company and 11 filed against it. 1 is pending. Most are in the district courts.
Dineshkumar Khemchand was appointed as Director on 12 Dec 2012. Disha Dinesh Oswal was appointed as Director on 12 Dec 2012.
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