MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0028161
Rishab Cotspin Private Limited
Rishab Cotspin Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹39.02 Cr
▲ 1% YoY
Net profit · FY 2023
₹50.23 Lakh
Net margin 1.3%
EBITDA · FY 2023
₹4.45 Cr
EBITDA margin 11.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.22 Cr
Issued & subscribed
Open charges
₹20.4 Cr
Satisfied ₹60 Lakh
Company age
31 yrs
Est. 1995
Employees · EPFO
60
Provident fund records
About Rishab Cotspin Private Limited
Data last updated:
Rishab Cotspin 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 29 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19201PB1995PTC017094. Its GSTIN is 03AAHCS6627B1ZO (Punjab).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.22 Cr. It was formerly known as Sham Asset Restructuring and Management Company Private Limited and Shagun Shoes Private Limited. It is led by directors Shvaita Jain and Rishab Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at # Jain Hosiery Complex Village Noorwala Road, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.02 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹50.23 Lakh (net margin 1.3%) and EBITDA of ₹4.45 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.4 Cr and satisfied charges of ₹60 Lakh on record. Court records list 23 cases involving the company, including 4 filed by the company and 19 filed against it; 12 cases are pending.
Rishab Cotspin Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0028161). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U19201PB1995PTC017094
Registration Number 017094
Incorporation Date 29 September 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0028161
Name history
Rishab Cotspin has undergone 2 name changes throughout its history. The company was previously known as Sham Asset Restructuring And Management Company Private Limited, and Shagun Shoes Private Limited. The current legal name is Rishab Cotspin Private Limited.
| Company Name | Status |
|---|---|
| Rishab Cotspin Private Limited | Current |
| Sham Asset Restructuring And Management Company Private Limited | Previous |
| Shagun Shoes Private Limited | Previous |
Key People
Shvaita Jain Director Rishab Jain Director Recognitions & Rankings of Rishab Cotspin
Contact details
Rishab Cotspin Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# Jain Hosiery Complex Village Noorwala Road, Ludhiana, Punjab, India – 141008
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Rishab Cotspin Private Limited, buy the company report.
Comprehensive company report
Rishab Cotspin 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rishab Cotspin 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 Rishab Cotspin Private Limited, buy the company report.
Financials of Rishab Cotspin Private Limited
FY 2023 filings availableRishab Cotspin Private Limited reported revenue of ₹39.02 Cr (up 1% YoY) for FY 2023.
Revenue · FY 2023
₹39.02 Cr ▲ 1%
Net profit · FY 2023
₹50.23 Lakh margin 1.3%
EBITDA · FY 2023
₹4.45 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 3%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 14%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 1% growth in the latest year. EBITDA rose 39% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹39.02 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.23 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Rishab Cotspin Private Limited, buy the company report.
Board of directors of Rishab Cotspin Private Limited
Rishab Cotspin has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shvaita Jain | Director | 12 Sep 2015 | 11 Years 1 Months | Current |
| Rishab Jain Also directs: Atam Fibres Private Limited | Director | 23 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Rishab Cotspin Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kesavan Spinners Private Limited | ₹39.05 Cr (FY 2025) | 78.0% | Rajapalayam, Tamil Nadu, India | |||
| Rishab Cotspin Private Limitedthis company | ₹39.02 Cr (FY 2023) | ₹50.23 Lakh | 1.3% | 1.0% | 60 | Ludhiana, Punjab, India |
| Navya Fashions Private Limited | ₹38.97 Cr (FY 2022) | -5.0% | Hamirgarh, Rajasthan, India | |||
| Maya Fashions Private Limited | ₹38.97 Cr (FY 2025) | -3.0% | Surat, Gujarat, India | |||
| Siddhi Vinayak Dyeing and Printing Mills Private Limited | ₹38.96 Cr (FY 2024) | 111.0% | Surat, Gujarat, India |
To see the full peer comparison of Rishab Cotspin Private Limited, buy the company report.
Auditor
Rishab Cotspin Private Limited is audited by R K G K & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K G K & Associates | FY 2023 | 005948N |
Shareholding
The shareholding of Rishab Cotspin 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 Rishab Cotspin Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.4 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2022 | 100545905 | Sidbi | ₹43.5 Lakh | Open | |
| 27 Jan 2021 | 100408668 | Sidbi | ₹1.71 Cr | Open | |
| 31 Aug 2020 | 100369367 | Indian Bank | ₹3.98 Cr | Open | |
| 25 Jun 2020 | 100344303 | Sidbi | ₹11.52 Lakh | Open | |
| 22 Jan 2020 | 100316729 | Sidbi | ₹25.28 Lakh | Open |
To see the full charge records of Rishab Cotspin Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Rishab Cotspin Private Limited has 23 court cases on record: 4 filed by Rishab Cotspin, 19 filed against it. 12 cases are pending and 11 are disposed.
Total cases
23
Filed by the company
4
Filed against the company
19
Pending
12
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 19 | 11 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Indian Acrylics Ltd | Pending |
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by Indian Acrylics Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Indian Acrylics Ltd and 2 others | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against an individual | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by M/S Indian Acrylis Ltd | Pending |
To see the full case history of Rishab Cotspin 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 Rishab Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rishab Cotspin Private Limited has a workforce of 60 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
7.14%
GST
Rishab Cotspin has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCS6627B1ZO | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishab Cotspin Private Limited, buy the company report.
Recent activity
Rishab Cotspin Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Shvaita Jain ceased to be Additional Director on 30 Sep 2015.
AGM
Rishab Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Rishab Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Charges
A charge with Sidbi amounted to Rs. 0.44 Cr with Charge ID 100545905 was registered on 16 Mar 2022.
Charges
A charge with Indian Bank of Rs. 13.28 Cr registered on 02 Sep 2017 with Charge ID 100123395 was modified on 01 Feb 2022.
Charges
A charge with Indian Bank of Rs. 3.98 Cr registered on 31 Aug 2020 with Charge ID 100369367 was modified on 15 Sep 2021.
Charges
A charge with Sidbi amounted to Rs. 1.71 Cr with Charge ID 100408668 was registered on 27 Jan 2021.
Charges
A charge with Indian Bank amounted to Rs. 3.98 Cr with Charge ID 100369367 was registered on 31 Aug 2020.
Charges
A charge with Sidbi amounted to Rs. 0.12 Cr with Charge ID 100344303 was registered on 25 Jun 2020.
Charges
A charge with Sidbi amounted to Rs. 0.25 Cr with Charge ID 100316729 was registered on 22 Jan 2020.
Charges
A charge with Sidbi amounted to Rs. 0.33 Cr with Charge ID 100309145 was registered on 20 Dec 2019.
Charges
A charge registered on 11 Apr 2018 via Charge ID 100174917 with Indian Bank was fully satisfied on 19 Dec 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100193116 was registered on 04 Jul 2018.
9 earlier events are in the company report.
Frequently asked questions
Rishab Cotspin 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 29 September 1995 (31+ years old) and is registered under CIN U19201PB1995PTC017094.
Rishab Cotspin has 2 current directors:
- Shvaita Jain - Director
- Rishab Jain - Director
The latest financial statements of Rishab Cotspin on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Rishab Cotspin is 03AAHCS6627B1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Rishab Cotspin is U19201PB1995PTC017094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishab Cotspin has 23 court cases on record: 4 filed by the company and 19 filed against it. 12 are pending. Most are in the district courts.
Rishab Cotspin was incorporated on 29 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Rishab Cotspin by revenue are Kesavan Spinners Private Limited, Navya Fashions Private Limited, Maya Fashions Private Limited, Siddhi Vinayak Dyeing and Printing Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shvaita Jain ceased to be Additional Director on 30 Sep 2015. Shashi Jain ceased to be Director on 12 Sep 2015. Shvaita Jain was appointed as Director on 12 Sep 2015. Rishab Cotspin has 6 board changes on record in total.
Yes, Rishab Cotspin is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0028161).
The registered office of Rishab Cotspin is at # Jain Hosiery Complex Village Noorwala Road, Ludhiana, Punjab, India – 141008.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages