Silvertech Cotspin Private Limited

Silvertech Cotspin Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2013PTC077634 Incorporated 26 November 2013 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹179.88 Cr
▲ 7% YoY
Net profit · FY 2025
₹56.49 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹11.54 Cr
EBITDA margin 6.4%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹28.72 Cr
Issued & subscribed
Open charges
₹138.76 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
23
Provident fund records

About Silvertech Cotspin Private Limited

Data last updated:

Silvertech Cotspin Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 November 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2013PTC077634. Its GSTIN is 24AATCS9246C1Z1 (Gujarat).

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.72 Cr. It is led by directors including Jamanbhai Keshavjibhai Kotadiya and Nitant Chhaganbhai Busa.

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 Sanskar Apt. First Floor Office No. 103, Opp. Atithi Restaurant 150 Feet Ring Road Rajkot – 360 005, Gujarat, India – 360005.

As per the financials filed for FY 2025, the company reported a revenue of ₹179.88 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹56.49 Lakh (net margin 0.3%) and EBITDA of ₹11.54 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Silvertech Cotspin. As per MCA filings, the company has open charges of ₹138.76 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

Silvertech Cotspin Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0004095). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silvertechcotspin.com.

Company details

CIN U17120GJ2013PTC077634
Registration Number 077634
Incorporation Date 26 November 2013
ROC Ahmedabad
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-GJ-20-0004095
Key People
Jamanbhai Keshavjibhai Kotadiya Director Nitant Chhaganbhai Busa Director Hemantbhai Shamjibhai Bhut Director

Recognitions & Rankings of Silvertech Cotspin

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0004095

Contact details

Silvertech Cotspin Private Limited's registered office is in Rajkot, Gujarat. Its website is silvertechcotspin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    silvertechcotspin.com
  • Registered Address
    Sanskar Apt. First Floor Office No. 103, Opp. Atithi Restaurant 150 Feet Ring Road Rajkot – 360 005, Gujarat, India – 360005
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Silvertech Cotspin Private Limited, buy the company report.

Comprehensive company report
Silvertech 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
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Brands

Silvertech Cotspin operates one associated brand: Silvertech Cotspin. Each brand links to its own profile.

BrandDescriptionWebsite
Silvertech Cotspin
Manufacturing of 100% cotton yarns in India for export and domestic markets.silvertechcotspin.com

Business activity

The main business activity of Silvertech Cotspin is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Silvertech Cotspin Private Limited, buy the company report.

Financials of Silvertech Cotspin Private Limited

FY 2025 filings available

Silvertech Cotspin Private Limited reported revenue of ₹179.88 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹179.88 Cr ▲ 7%
Net profit · FY 2025
₹56.49 Lakh margin 0.3%
EBITDA · FY 2025
₹11.54 Cr margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 6%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 4%
5 years · compounded
▼ 4%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 20% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹11.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹56.49 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.4%
Net Profit Margin0.3%
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 Silvertech Cotspin Private Limited, buy the company report.

Board of directors of Silvertech Cotspin Private Limited

Silvertech Cotspin has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jamanbhai Keshavjibhai KotadiyaDirector26 Nov 201312 Years 11 MonthsCurrent
Nitant Chhaganbhai Busa
Also directs: Silvertech Fibers Private Limited
Director24 Dec 201510 Years 10 MonthsCurrent
Hemantbhai Shamjibhai Bhut
Also directs: Simond Fibertech Limited, Jaysun Technocoating Private Limited
Director26 Nov 201312 Years 11 MonthsCurrent
Parsotambhai Ramjibhai SorathiyaDirector15 Nov 20169 Years 11 MonthsCurrent
View all directors

Peer comparison

Silvertech Cotspin Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Niharika Threads Private Limited₹180.98 Cr (FY 2025)7.0%Ahmedabad, Gujarat, India
Colour Creation Private Limited₹180.3 Cr (FY 2025)-2.0%New Delhi, Delhi, India
Durgesh Impex Private Limited₹180.05 Cr (FY 2025)-27.0%Ahmedabad, Gujarat, India
Silvertech Cotspin Private Limitedthis company₹179.88 Cr (FY 2025)₹56.49 Lakh0.3%7.0%23Rajkot, Gujarat, India
Ycd Industries Limited₹179.54 Cr (FY 2025)2.0%Muktsar, Punjab, India
Radhalaxmi Spintex Private Limited₹178.86 Cr (FY 2025)-3.0%Lakhdhirgadh, Gujarat, India

To see the full peer comparison of Silvertech Cotspin Private Limited, buy the company report.

Auditor

Silvertech Cotspin Private Limited is audited by D.V. THUMMAR & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D.V. THUMMAR & CO.FY 2023146865W

Shareholding

The shareholding of Silvertech 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Silvertech Cotspin Private Limited, buy the company report.

Charges & borrowings

Open charges
₹138.76 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹138.76 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 2024100933466Others₹13.65 CrOpen
02 Aug 201410512014Others₹125.11 CrOpen

To see the full charge records of Silvertech Cotspin Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Silvertech Cotspin Private Limited has 14 MSME Form 1 returns on record between 2018 and 2022, listing 29 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)

SupplierAmount dueDue sinceReported on
an individual supplier
Gokul Yarns Private Limited
White Cotex
Akshar Ginning and Pressing Industries
an individual supplier

To see the full MSME payment records of Silvertech Cotspin Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Silvertech Cotspin Private Limited has a workforce of 23 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
-4.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2723
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Silvertech Cotspin Private Limited, buy the company report.

GST

Silvertech Cotspin has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AATCS9246C1Z1GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Silvertech Cotspin Private Limited, buy the company report.

Recent activity

Silvertech Cotspin Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Chhaganbhai Mohanbhai Patel ceased to be Director on 01 Jan 2021.

AGM
Silvertech Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silvertech Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 13.65 Cr with Charge ID 100933466 was registered on 30 Mar 2024.
Charges
A charge with Others of Rs. 125.11 Cr registered on 02 Aug 2014 with Charge ID 10512014 was modified on 06 Jan 2021.
Ceased
Chhaganbhai Mohanbhai Patel ceased to be Director.
Ceased
Reena Kanabar ceased to be Company Secretary.
Appointed
Parsotambhai Ramjibhai Sorathiya was appointed as Director.
Appointed
Nitant Chhaganbhai Busa was appointed as Director.
Ceased
Sagarbhai Dhirajlal Virdiya ceased to be Director.
Charges
A charge with Others amounted to Rs. 125.11 Cr with Charge ID 10512014 was registered on 02 Aug 2014.
Appointed
Hemantbhai Shamjibhai Bhut was appointed as Director.
Appointed
Jamanbhai Keshavjibhai Kotadiya was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Silvertech Cotspin is an active private limited company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 November 2013 (13+ years old) and is registered under CIN U17120GJ2013PTC077634.

Silvertech Cotspin has 4 current directors:

The latest financial statements of Silvertech Cotspin 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 2015 are in the company report.

The GSTIN of Silvertech Cotspin is 24AATCS9246C1Z1, registered in Gujarat.

The CIN (Corporate Identification Number) of Silvertech Cotspin is U17120GJ2013PTC077634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Silvertech Cotspin has 1 court case on record: 1 filed against it.

Silvertech Cotspin was incorporated on 26 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Silvertech Cotspin by revenue are Niharika Threads Private Limited, Colour Creation Private Limited, Durgesh Impex Private Limited, Ycd Industries Limited, Radhalaxmi Spintex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Chhaganbhai Mohanbhai Patel ceased to be Director on 01 Jan 2021. Reena Kanabar ceased to be Company Secretary on 26 Dec 2017. Parsotambhai Ramjibhai Sorathiya was appointed as Director on 15 Nov 2016. Silvertech Cotspin has 7 board changes on record in total.

Yes, Silvertech Cotspin is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0004095).

Silvertech Cotspin has 14 MSME Form 1 returns on record between 2018 and 2022, listing 29 overdue payments to 12 micro and small suppliers. The latest return was filed on 01 Sep 2023.

Silvertech Cotspin can be reached through the website silvertechcotspin.com. Its registered office is in Rajkot, Gujarat, India.