MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-PB-12-0063727
Pi Cottex Private Limited
Pi Cottex Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹167.48 Cr
▲ 7% YoY
Net profit · FY 2025
₹7.03 Cr
Net margin 4.2%
EBITDA · FY 2025
₹15.18 Cr
EBITDA margin 9.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹128.8 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
14
Provident fund records
About Pi Cottex Private Limited
Data last updated:
Pi Cottex Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 April 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17290PB2022PTC055571.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ichpuneet Kaur and Jasdeep Singh.
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 E – 638 Phase 7 Focal Point Dhandari Kalan, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹167.48 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.03 Cr (net margin 4.2%) and EBITDA of ₹15.18 Cr (EBITDA margin 9.1%).
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹128.8 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 3 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2025. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Shree Narayan Silk House Private Limited with revenue of ₹168.84 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 56 overdue payments to 12 micro and small suppliers.
Pi Cottex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0063727). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17290PB2022PTC055571
Registration Number 055571
Incorporation Date 01 April 2022
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0063727
Key People
Ichpuneet Kaur Director Jasdeep Singh Director Recognitions & Rankings of Pi Cottex
Contact details
Pi Cottex Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 638 Phase 7 Focal Point Dhandari Kalan, Ludhiana, Punjab, India – 141010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Pi Cottex Private Limited, buy the company report.
Comprehensive company report
Pi Cottex 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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Secure checkout · GST invoice included
Business activity
The main business activity of Pi Cottex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Pi Cottex Private Limited, buy the company report.
Financials of Pi Cottex Private Limited
FY 2025 filings availablePi Cottex Private Limited reported revenue of ₹167.48 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹167.48 Cr ▲ 7%
Net profit · FY 2025
₹7.03 Cr margin 4.2%
EBITDA · FY 2025
₹15.18 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
EBITDA CAGR growth
1 year
▲ 21%
Revenue rose 7% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹15.18 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7.03 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.1% | ||
| Net Profit Margin | 4.2% | ||
| 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 Pi Cottex Private Limited, buy the company report.
Board of directors of Pi Cottex Private Limited
Pi Cottex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ichpuneet Kaur | Director | 10 May 2024 | 2 Years 5 Months | Current |
| Jasdeep Singh | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Pi Cottex Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Narayan Silk House Private Limited | ₹168.84 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Rama Spinners Pvt. Ltd. | ₹168.61 Cr (FY 2025) | 27.0% | Secunderabad, Telangana, India | |||
| Shanti Shirting Private Limited | ₹167.82 Cr (FY 2025) | -55.0% | Bidaj, Gujarat, India | |||
| Vaibhav Spintex Private Limited | ₹167.75 Cr (FY 2025) | -13.0% | Wani, Maharashtra, India | |||
| Pi Cottex Private Limitedthis company | ₹167.48 Cr (FY 2025) | ₹7.03 Cr | 4.2% | 7.0% | 14 | Ludhiana, Punjab, India |
| Mectech Knitfabs Private Limited | ₹167.45 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Hanuman Weavelon Private Limited | ₹167.21 Cr (FY 2025) | 112.0% | Surat, Gujarat, India | |||
| Chur Textiles Limited | ₹167.17 Cr (FY 2025) | -11.0% | Thane, Maharashtra, India | |||
| Saranya Garments Private Limited | ₹167.07 Cr (FY 2025) | 4.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Pi Cottex Private Limited, buy the company report.
Auditor
Pi Cottex Private Limited is audited by SOOD SATBIR BANSAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOOD SATBIR BANSAL & ASSOCIATES | FY 2023 | 011975N |
Shareholding
The shareholding of Pi Cottex Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pi Cottex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹128.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 100997176 | Others | ₹1 Cr | Open | |
| 16 Oct 2024 | 100997174 | Others | ₹20 Lakh | Open | |
| 19 Apr 2023 | 100713346 | Hdfc Bank Limited | ₹23.61 Cr | Open | |
| 10 May 2022 | 100582846 | Hdfc Bank Limited | ₹103.99 Cr | Open |
To see the full charge records of Pi Cottex Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Pi Cottex Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2025.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pi Cottex Private Limited has 6 court cases on record: 4 filed by Pi Cottex, 2 filed against it. 3 cases are pending and 3 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against 1.Celestial Textiles LLP | Pending |
| District court, Ludhiana, Punjab | Court case (COMI) | Filed by the company against Celestial Textiles LLP | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Shanshah Industries | Disposed |
To see the full case history of Pi Cottex 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
Pi Cottex Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 56 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sun Polyfab Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Pi Cottex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pi Cottex Private Limited has a workforce of 14 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-36.36%
GST
No GST registration is on our record for Pi Cottex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pi Cottex Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Ranjit Kaur ceased to be Director on 11 Jun 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 10,399.20 Lakh registered on 10 May 2022 with Charge ID 100582846 was modified on 06 Jan 2026.
AGM
Pi Cottex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Ranjit Kaur ceased to be Director.
Filing
Pi Cottex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100997176 was registered on 22 Oct 2024.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100997174 was registered on 16 Oct 2024.
Ceased
Ichpuneet Kaur ceased to be Additional Director.
Appointed
Ichpuneet Kaur was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,361.00 Lakh with Charge ID 100713346 was registered on 19 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10,399.20 Lakh with Charge ID 100582846 was registered on 10 May 2022.
Appointed
Jasdeep Singh was appointed as Director.
Incorporation
01 Apr 2022
Pi Cottex Private Limited was registered on 01 Apr 2022 with Roc Chandigarh & aged 4 years 6 months as per MCA records.
Frequently asked questions
Pi Cottex is an active private limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 April 2022 (4+ years old) and is registered under CIN U17290PB2022PTC055571.
Pi Cottex has 2 current directors:
- Ichpuneet Kaur - Director
- Jasdeep Singh - Director
The latest financial statements of Pi Cottex 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Pi Cottex is U17290PB2022PTC055571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pi Cottex has 6 court cases on record: 4 filed by the company and 2 filed against it. 3 are pending.
Pi Cottex was incorporated on 01 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
Pi Cottex has 2 deals on record (2 secondary share transfers); the latest was in March 2025.
The peers of Pi Cottex by revenue are Shree Narayan Silk House Private Limited, Rama Spinners Pvt. Ltd, Shanti Shirting Private Limited, Vaibhav Spintex Private Limited, Mectech Knitfabs Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ranjit Kaur ceased to be Director on 11 Jun 2025. Ichpuneet Kaur ceased to be Additional Director on 29 Sep 2024. Ichpuneet Kaur was appointed as Director on 10 May 2024. Pi Cottex has 4 board changes on record in total.
Yes, Pi Cottex is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0063727).
Pi Cottex has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 56 overdue payments to 12 micro and small suppliers. The latest return was filed on 29 Apr 2024.
The registered office of Pi Cottex is at E – 638 Phase 7 Focal Point Dhandari Kalan, Ludhiana, Punjab, India – 141010.