About Parvin Cotgin Private Limited
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Parvin Cotgin Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Parvin Agro Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01405GJ2010PTC062335. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹69.75 Lakh. It is led by directors including Tausif Ahamad Abdulbhai Vhora and Tanvir Ahamed Vhora.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A Safal Solitaire Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.28 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹5.34 Cr (net margin -418.2%) and EBITDA of -₹2.54 Cr (EBITDA margin -198.9%).
As per MCA filings, the company has open charges of ₹16.55 Cr and satisfied charges of ₹30 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website parvingroup.co.in.
Company details
Contact details
Parvin Cotgin Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parvingroup.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No – 507 Block – A Safal Solitaire Park Nr Divyabhaskar Press S.G.Highway Maka, Rba, Ahmedabad, Gujarat, India – 380051
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Parvin Cotgin 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 Parvin Cotgin is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Parvin Cotgin Private Limited, buy the company report.
Financials of Parvin Cotgin Private Limited
FY 2017 filings availableParvin Cotgin Private Limited reported revenue of ₹1.28 Cr (down 97% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year. EBITDA rose 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.28 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.54 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.34 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -198.9% | ||
| Net Profit Margin | -418.2% | ||
| 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 Parvin Cotgin Private Limited, buy the company report.
Board of directors of Parvin Cotgin Private Limited
Parvin Cotgin has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tausif Ahamad Abdulbhai Vhora Also directs: Parvin Agro Private Limited, Parvin Exim Private Limited | Director | 01 Jul 2014 | 12 Years 4 Months | Current |
| Tanvir Ahamed Vhora Also directs: Parvin Exim Private Limited | Director | 18 Sep 2010 | 16 Years 1 Months | Current |
| Nasiruddin Akbarbhai Vhora Also directs: Parvin Agro Private Limited, Parvin Cotton Private Limited, Parvin Exim Private Limited and 1 more | Director | 29 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Parvin Cotgin Private Limited is audited by S K CHALISHAZAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K CHALISHAZAR & CO | FY 2017 | 112110W |
Shareholding
The shareholding of Parvin Cotgin Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parvin Cotgin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2015 | 10560094 | Axis Bank Limited | ₹16.55 Cr | Open | |
| 24 Dec 2013 | 10472120 | Punjab National Bank | ₹3 Cr | Satisfied | |
| 23 Jun 2011 | 10297749 | Punjab National Bank | ₹8 Cr | Satisfied | |
| 23 Jun 2011 | 10297761 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 16 Jun 2011 | 10297794 | Punjab National Bank | ₹14 Cr | Satisfied |
To see the full charge records of Parvin Cotgin Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Parvin Cotgin Private Limited has 2 court cases on record: 2 filed by Parvin Cotgin. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Axis Bank Ltd and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Axis Bank Ltd and 1 other | Disposed |
To see the full case history of Parvin Cotgin 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 Parvin Cotgin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parvin Cotgin Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Parvin Cotgin has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parvin Cotgin Private Limited, buy the company report.
Recent activity
Parvin Cotgin Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Nasiruddin Akbarbhai Vhora ceased to be Additional Director on 30 Sep 2015.
8 earlier events are in the company report.
Frequently asked questions
Parvin Cotgin is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 September 2010 (16+ years old) and is registered under CIN U01405GJ2010PTC062335.
Parvin Cotgin has 3 current directors:
- Tausif Ahamad Abdulbhai Vhora - Director
- Tanvir Ahamed Vhora - Director
- Nasiruddin Akbarbhai Vhora - Director
The latest financial statements of Parvin Cotgin on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Parvin Cotgin has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Parvin Cotgin is U01405GJ2010PTC062335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parvin Cotgin has 2 court cases on record: 2 filed by the company.
Parvin Cotgin was incorporated on 18 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nasiruddin Akbarbhai Vhora ceased to be Additional Director on 30 Sep 2015. Nasiruddin Akbarbhai Vhora was appointed as Director on 29 Dec 2014. Tausif Ahamad Abdulbhai Vhora ceased to be Additional Director on 30 Sep 2014. Parvin Cotgin has 6 board changes on record in total.
Parvin Cotgin can be reached through the website parvingroup.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Parvin Cotgin is at Office No – 507 Block – A Safal Solitaire Park Nr Divyabhaskar Press S.G.Highway Maka, Rba, Ahmedabad, Gujarat, India – 380051.
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