- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-17-0000198

Paras Cotspin Limited
About Paras Cotspin Limited
Data last updated:
Paras Cotspin Limited is a public limited company based in Samana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17121PB2006PLC030611. Its GSTIN is 03AAECP0273H1ZS (Punjab).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.5 Cr. It is led by directors including Nitasha and Sunny Ghai.
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 Patiala Road, Samana, Punjab, India – 147101.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.42 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹38.57 Lakh (net margin 1%) and EBITDA of ₹1.42 Cr (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.47 Cr and satisfied charges of ₹39.54 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Paras Cotspin Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0000198). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Paras Cotspin
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPatiala Road, Samana, Punjab, India – 147101
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Paras Cotspin Limited
The main business activity of Paras Cotspin is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Paras Cotspin Limited FY 2025 filings available
Paras Cotspin Limited reported revenue of ₹38.42 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Paras Cotspin Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 16% fall in the latest year. EBITDA fell 22% 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 of Paras Cotspin Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.57 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 of Paras Cotspin Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Paras Cotspin are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Paras Cotspin Limited
Paras Cotspin has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitasha | Director | 20 Mar 2009 | 17 Years 7 Months | Current |
| Sunny Ghai Also directs: Paras Spintex LLP | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
| Krishan Gopal Duggal Also directs: Paras Spintex LLP | Director | 18 Sep 2006 | 20 Years 1 Months | Current |
| Surinder Kumar | Director | 18 Sep 2006 | 20 Years 1 Months | Current |
| Dinesh Kumar Kataria Also directs: Paras Spintex LLP | Director | 18 Sep 2006 | 20 Years 1 Months | Current |
Peer Comparison of Paras Cotspin Limited
Paras Cotspin Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G C G Silk Mills Private Limited | ₹38.49 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Surat, Gujarat, India |
| Jaishrikrishnajute Industries Private Limited | ₹38.48 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Raiganj, West Bengal, India |
| India Fashions Private Limited | ₹38.48 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thane, Maharashtra, India |
| Balaji Govindam Textiles Private Limited | ₹38.46 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hinganghat, Maharashtra, India |
| Dharam Synthetics Ltd | ₹38.43 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Paras Cotspin Limited this company | ₹38.42 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Samana, Punjab, India |
| Shree Bankey Bihari Clothing Private Limited | ₹38.41 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Haryana, India |
| Nouveau Textiles Private Limited | ₹38.37 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Lakshmi Narasimha Textiles Private Limited | ₹38.37 Cr (FY 2023) | •••• | •••• | 35.0% | •••• | Coimbatore, Tamil Nadu, India |
| SJJ Textiles Private Limited | ₹38.36 Cr (FY 2025) | •••• | •••• | 293634.0% | •••• | New Delhi, Delhi, India |
| Sri Muni Pachaiappan Textiles Private Limited | ₹38.32 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | 150 Arkonam Road Kancheepuram, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Paras Cotspin by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Paras Cotspin Limited
Paras Cotspin Limited is audited by ANIL ARORA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL ARORA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Paras Cotspin Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Paras Cotspin Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2025 | Sidbi | ₹1.85 Cr | Open |
| 17 Jan 2025 | Others | ₹75 Lakh | Open |
| 17 Jan 2025 | Others | ₹13.2 Cr | Open |
| 17 Jan 2025 | Others | ₹15 Cr | Open |
| 11 Nov 2022 | Others | ₹17.3 Lakh | Open |
Total charge records: 20 View all charges
Legal Cases of Paras Cotspin Limited
Paras Cotspin Limited has 4 court cases on record: 3 filed by Paras Cotspin, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Sitaram Spinners Private Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed by the company against Mohit Enterprises | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Paras Cotspin Limited
Paras Cotspin Limited has a workforce of 13 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Paras Cotspin Limited
Paras Cotspin Limited has 8 board changes on record since 2006: 5 appointments and 3 cessations. The latest: Sunny Ghai ceased to be Additional Director on 29 Sep 2025.
36 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paras Cotspin Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Paras Cotspin Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Paras Cotspin Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Paras Cotspin Limited
Paras Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECP0273H1ZS | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Paras Cotspin Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Paras Cotspin Limited
Paras Cotspin is an active public limited company based in Samana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 September 2006 (20+ years old) and is registered under CIN U17121PB2006PLC030611.
Paras Cotspin reported revenue of ₹38.42 Cr for FY 2025 (down 16% YoY).
Paras Cotspin has 5 current directors:
- Nitasha - Director
- Sunny Ghai - Director
- Krishan Gopal Duggal - Director
- Surinder Kumar - Director
- Dinesh Kumar Kataria - Director
Paras Cotspin reported a net profit of ₹38.57 Lakh (net margin 1%) and EBITDA of ₹1.42 Cr (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paras Cotspin is -16% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paras Cotspin is 03AAECP0273H1ZS, registered in Punjab.
The CIN (Corporate Identification Number) of Paras Cotspin is U17121PB2006PLC030611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Cotspin has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Paras Cotspin was incorporated on 18 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Paras Cotspin by revenue are G C G Silk Mills Private Limited, Jaishrikrishnajute Industries Private Limited, India Fashions Private Limited, Balaji Govindam Textiles Private Limited, Dharam Synthetics Ltd and 5 more, all in the Manufacturing industry (Textiles).
Sunny Ghai ceased to be Additional Director on 29 Sep 2025. Sunny Ghai was appointed as Director on 06 Jan 2025. Surinder Kumar ceased to be Director on 06 Jan 2025. Paras Cotspin has 8 board changes on record in total.