Rishab Cotspin Private Limited
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 20 cases involving the company, including 4 filed by the company and 9 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address# Jain Hosiery Complex Village Noorwala Road, Ludhiana, Punjab, India – 141008
- 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 Rishab Cotspin Private Limited
The main business activity of Rishab 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 Rishab Cotspin Private Limited FY 2023 filings available
Rishab Cotspin Private Limited reported revenue of ₹39.02 Cr (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Rishab Cotspin Private Limited
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 of Rishab Cotspin Private Limited
| 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 of Rishab Cotspin Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Rishab 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.
Peer Comparison of Rishab Cotspin Private Limited
Rishab Cotspin Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zynke Exports Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Karthik Textiles Private Limited | •••• | •••• | •••• | •••• | - | Tiruppur, Tamil Nadu, India |
| Kesavan Spinners Private Limited | •••• | •••• | •••• | •••• | 77 | Rajapalayam, Tamil Nadu, India |
| Niharika Dyeing and Printing Mills Pvt Ltd | •••• | •••• | •••• | •••• | - | Palsana, Gujarat, India |
| Saikrupa Agro Processors Private Limited | •••• | •••• | •••• | •••• | - | Wani, Maharashtra, India |
| Rishab Cotspin Private Limited this company | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Kurinji Spinning Mills Private Limited | •••• | •••• | •••• | •••• | 60 | Dharapuram, Tamil Nadu, India |
| Unity Pulp and Papers Private Limited | •••• | •••• | •••• | •••• | 26 | Itarsi, Madhya Pradesh, India |
| Navya Fashions Private Limited | •••• | •••• | •••• | •••• | - | Hamirgarh, Rajasthan, India |
| Maya Fashions Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Siddhi Vinayak Dyeing and Printing Mills Private Limited | •••• | •••• | •••• | •••• | - | Tal Palsana Dist Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Rishab Cotspin by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rishab Cotspin Private Limited
Rishab Cotspin Private Limited is audited by R K G K & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K G K & 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.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shvaita Jain | Director | 12 Sep 2015 | 11 Years 0 Months | Current |
| Rishab Jain Also directs: Atam Fibres Private Limited | Director | 23 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Rishab Cotspin Private 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 Rishab Cotspin Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2022 | Sidbi | ₹43.5 Lakh | Open |
| 27 Jan 2021 | Sidbi | ₹1.71 Cr | Open |
| 31 Aug 2020 | Indian Bank | ₹3.98 Cr | Open |
| 25 Jun 2020 | Sidbi | ₹11.52 Lakh | Open |
| 22 Jan 2020 | Sidbi | ₹25.28 Lakh | Open |
Total charge records: 9 View all charges
Legal Cases of Rishab Cotspin Private Limited
Rishab Cotspin Private Limited has 20 court cases on record: 4 filed by Rishab Cotspin, 9 filed against it, 7 where it is another party. 8 cases are pending and 12 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 8 | 7 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Indian Acrylics Limited | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by Indian Acrylics Limited | Disposed |
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by Indian Acrylics Limited | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Indian Acrylics Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against an individual | Pending |
Full case history
All 20 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 Rishab Cotspin Private Limited
Rishab Cotspin Private Limited has a workforce of 60 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.
Name History of Rishab Cotspin Private Limited
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 |
Recent Activity on Rishab Cotspin Private Limited
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.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rishab Cotspin Private 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 Rishab Cotspin Private 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 Rishab Cotspin Private 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 Rishab Cotspin Private Limited
Rishab Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCS6627B1ZO | 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 Rishab Cotspin Private 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 Rishab Cotspin Private Limited
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 reported revenue of ₹39.02 Cr for FY 2023 (up 1% YoY).
Rishab Cotspin has 2 current directors:
- Shvaita Jain - Director
- Rishab Jain - Director
Rishab Cotspin reported a net profit of ₹50.23 Lakh (net margin 1.3%) and EBITDA of ₹4.45 Cr (EBITDA margin 11.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rishab Cotspin is 3% over three years and 17% over five years. In the latest year (FY 2023) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
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 20 court cases on record: 4 filed by the company and 9 filed against it. 8 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 Zynke Exports Private Limited, Karthik Textiles Private Limited, Kesavan Spinners Private Limited, Niharika Dyeing and Printing Mills Pvt Ltd, Saikrupa Agro Processors Private Limited and 5 more, all in the Manufacturing industry (Textiles).
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.