- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-10-0000004

About Star Cotspin Limited
Data last updated:
Star Cotspin Limited is a public limited company based in Gangrar, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17119RJ1995PLC009855. Its GSTIN is 08AAFCS9575E1ZX (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors including Praveen Bolia and Sangeeta Chhajer.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gangrar Chogawadi Road Tehsil Gangrar, Rajasthan, India – 312901.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.52 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Cr (net margin 4%) and EBITDA of ₹5.03 Cr (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 455 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Starcotspin. As per MCA filings, the company has satisfied charges of ₹113.1 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10.52 Cr; the latest was in September 2017. 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, 3 larger and 5 smaller; the largest is Krishna Natural Fibre Private Limited with revenue of ₹66.59 Cr.
Star Cotspin Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-10-0000004). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starcotspin.co.in.
Company details
Recognitions & Rankings of Star Cotspin
Contact details
Star Cotspin Limited's registered office is in Gangrar, Rajasthan. Its website is starcotspin.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGangrar Chogawadi Road Tehsil Gangrar, Rajasthan, India – 312901
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Star Cotspin 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
Brands
Star Cotspin operates one associated brand: Starcotspin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Company is a manufacturer of textile yarn | starcotspin.co.in |
Business activity
The main business activity of Star 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 Star Cotspin Limited, buy the company report.
Financials of Star Cotspin Limited
FY 2025 filings availableStar Cotspin Limited reported revenue of ₹66.52 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.03 Cr | ||||
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| Net Profit (PAT) | ₹2.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Star Cotspin Limited, buy the company report.
Board of directors of Star Cotspin Limited
Star Cotspin has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Bolia | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Sangeeta Chhajer | Director | 18 May 2006 | 20 Years 5 Months | Current |
| Virendra Singh Choudhary Also directs: Microne Tex Fab Private Limited, Udai Shakti Foundation | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
| Davendra Singh Choudhary | Director | 17 Apr 1995 | 31 Years 6 Months | Current |
Peer comparison
Star Cotspin 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 |
|---|---|---|---|---|---|---|
| Krishna Natural Fibre Private Limited | ₹66.59 Cr (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Shree Shivam Silks Private Limited | ₹66.58 Cr (FY 2024) | -23.0% | Mumbai, Maharashtra, India | |||
| Radhekrishna Cotton Private Limited | ₹66.58 Cr (FY 2025) | -43.0% | Rajula, Gujarat, India | |||
| Star Cotspin Limitedthis company | ₹66.52 Cr (FY 2025) | ₹2.69 Cr | 4% | 4.0% | 455 | Gangrar, Rajasthan, India |
| Daya Tex Industries Private Limited | ₹66.5 Cr (FY 2025) | 20.0% | Surat, Gujarat, India | |||
| Pooja Cotspin Private Limited | ₹66.47 Cr (FY 2025) | -4.0% | Solan, Himachal Pradesh, India | |||
| Sharman Woollen Mills Private Limited | ₹66.45 Cr (FY 2025) | 3.0% | Ludhiana, Punjab, India | |||
| Badrivishal Fashiontex Private Limited | ₹66.4 Cr (FY 2025) | -2.0% | Hatkanangle, Maharashtra, India | |||
| Gouriwala Textiles Private Limited | ₹66.38 Cr (FY 2025) | 0.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Star Cotspin Limited, buy the company report.
Auditor
Star Cotspin Limited is audited by N JAGETIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N JAGETIA & ASSOCIATES | FY 2023 | 009234C |
Shareholding
The shareholding of Star Cotspin 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 Star Cotspin Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2018 | 100222679 | Others | ₹7 Cr | Satisfied | |
| 25 Jul 2013 | 10442071 | Union Bank of India | ₹25 Cr | Satisfied | |
| 28 Mar 2009 | 10155865 | Union Bank of India | ₹36.1 Cr | Satisfied | |
| 22 May 2007 | 10188881 | Union Bank of India | ₹5 Cr | Satisfied | |
| 22 May 2007 | 10430286 | Union Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Star Cotspin Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Star Cotspin Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10.52 Cr; the latest was in September 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Krishna Sagar Builders Limited , Cosmic Holding Private Limited, R P Bubna Textile Private Limited |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Man Made Fibres Limited, Pasupati Spinning & Weaving Mils Limited, 2 individuals |
| Mar 2011 | Funding round | ₹6.17 Cr | Investors: Lan Finance Private Limited , Him Realty Private Limited , Whiteline Securities Private Limited, an individual |
| Oct 2009 | Funding round | ₹4.35 Cr | Investors: Dutta Security & Finance Private Limited, Pasupati Spinning & Weaving Mils Limited, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Star Cotspin Limited has 5 court cases on record: 3 filed by Star Cotspin, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax, | Pending |
| High Court, RAJASTHAN | Writ petition | Filed by the company against individuals | Disposed |
| High Court, RAJASTHAN | Writ petition | Filed by the company against State of Rajasthan and 3 others | Disposed |
| High Court, RAJASTHAN | Criminal miscellaneous application | Filed against the company by The National Sewing Thread Comp. Ltd. and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Chief Manager Union Bank of India and 2 Ors. | Disposed |
To see the full case history of Star Cotspin 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 Star Cotspin Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Star Cotspin Limited has a workforce of 455 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Star Cotspin has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCS9575E1ZX | Rajasthan | Active | 01 Jul 2017 |
| 27AAFCS9575E1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Star Cotspin Limited, buy the company report.
Recent activity
Star Cotspin Limited has 7 board changes on record since 1995: 4 appointments and 3 cessations. The latest: Praveen Bolia ceased to be Director on 25 Aug 2024.
12 earlier events are in the company report.
Frequently asked questions
Star Cotspin is an active public limited company based in Gangrar, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 April 1995 (31+ years old) and is registered under CIN U17119RJ1995PLC009855.
Star Cotspin has 4 current directors:
- Praveen Bolia - Director
- Sangeeta Chhajer - Director
- Virendra Singh Choudhary - Director
- Davendra Singh Choudhary - Director
The latest financial statements of Star Cotspin on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Star Cotspin is 08AAFCS9575E1ZX, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCS9575E1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Star Cotspin is U17119RJ1995PLC009855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Cotspin has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending.
Star Cotspin was incorporated on 17 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
Star Cotspin has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹10.52 Cr; the latest was in September 2017.
The peers of Star Cotspin by revenue are Krishna Natural Fibre Private Limited, Shree Shivam Silks Private Limited, Radhekrishna Cotton Private Limited, Daya Tex Industries Private Limited, Pooja Cotspin Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Praveen Bolia ceased to be Director on 25 Aug 2024. Praveen Bolia was appointed as Director on 01 May 2024. Surendra Kumar Chhajer ceased to be Director on 01 Mar 2020. Star Cotspin has 7 board changes on record in total.
Yes, Star Cotspin is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-10-0000004).

