Suvidha Cotton Limited
About Suvidha Cotton Limited
Data last updated:
Suvidha Cotton Limited was a public limited company based in Mehsana, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 March 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1995PLC025169. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors including Vishnubhai Mafatlal Patel and Dineshkumar Mafatlal Patel.
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 was at 59 Moje Ankhol Kadi, Mehsana, Gujarat, India – 382715.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 93.4%) and EBITDA of ₹1.17 Cr (EBITDA margin 93.4%). Revenue has declined at a compounded annual rate (CAGR) of 27% over five years.
The company had about 7 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹14.95 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 3 cases are pending.
Company details
Contact details
Suvidha Cotton Limited's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address59 Moje Ankhol Kadi, Mehsana, Gujarat, India – 382715
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Suvidha Cotton 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
Financials of Suvidha Cotton Limited
FY 2023 filings availableSuvidha Cotton Limited reported revenue of ₹1.25 Cr (up 104229731% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years. 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 |
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| EBITDA | ₹1.17 Cr | ||||
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| Net Profit (PAT) | ₹1.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 93.4% | ||||
| Net Profit Margin | 93.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Suvidha Cotton Limited, buy the company report.
Board of directors of Suvidha Cotton Limited
Suvidha Cotton has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnubhai Mafatlal Patel | Director | 14 Jul 2004 | 22 Years 3 Months | As last reported |
| Dineshkumar Mafatlal Patel | Director | 14 Jul 2004 | 22 Years 3 Months | As last reported |
| Ashishkumar Dahyalal Patel | Director | 14 Jul 2004 | 22 Years 3 Months | As last reported |
Auditor
Suvidha Cotton Limited is audited by B SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SHAH & ASSOCIATES | FY 2021 | 109491W |
Shareholding
The shareholding of Suvidha Cotton Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Suvidha Cotton Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2010 | 10243221 | Kotak Mahindra Bank Limited | ₹7.95 Cr | Satisfied | |
| 17 Mar 2006 | 80025540 | Corporation Bank | ₹3.5 Cr | Satisfied | |
| 17 Mar 2006 | 80025539 | Corporation Bank | ₹3.5 Cr | Satisfied |
To see the full charge records of Suvidha Cotton Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Suvidha Cotton Limited has 12 court cases on record: 6 filed by Suvidha Cotton, 6 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 3 |
| District courts | 5 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Court case (EXE R) | Filed against the company by C.A. Galiakotwala and Co.Pvt.Ltd. Through Dipan D Choksey | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company by M/S. C.A. Galiakotwala .Co.Pvt. Limited | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by M/S. C.A.Galiakotwala. Co. Pvt. Limited | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (TD) | Filed against the company by M/S. C.A. Galiakotwala and Co. Pvt. Ltd | Disposed |
To see the full case history of Suvidha Cotton 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 Suvidha Cotton Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suvidha Cotton has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Suvidha Cotton Limited, buy the company report.
Recent activity
Suvidha Cotton Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Girishkumar Ambalal Patel ceased to be Director on 29 Jun 2010.
6 earlier events are in the company report.
Frequently asked questions
Suvidha Cotton has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Suvidha Cotton was a public limited company based in Mehsana, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 24 March 1995 and is registered under CIN U24231GJ1995PLC025169. The company has been struck off by the Registrar of Companies and is no longer operational.
Suvidha Cotton had 3 directors:
- Vishnubhai Mafatlal Patel - Director
- Dineshkumar Mafatlal Patel - Director
- Ashishkumar Dahyalal Patel - Director
The CIN (Corporate Identification Number) of Suvidha Cotton is U24231GJ1995PLC025169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Suvidha Cotton is at 59 Moje Ankhol Kadi, Mehsana, Gujarat, India – 382715.
Suvidha Cotton was incorporated on 24 March 1995. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Suvidha Cotton 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.
No. Suvidha Cotton has 1 GST registration on record and it is cancelled or inactive.
Suvidha Cotton operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
Suvidha Cotton has 12 court cases on record: 6 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
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