Unitech Cotspin Limited Company Logo

Unitech Cotspin Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 2007.

2007 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Unitech Cotspin Limited

Unitech Cotspin Limited, a active public limited company, was established on 27 October 2007 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17120GJ2007PLC052072. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹14.00 Cr and a paid-up capital of ₹14.00 Cr.

It upholds a compliant status. Employing 63 professional, Its leadership includes Mahendrakumar Somabhai Patel (Managing Director), Ashokbhai Popatbhai Lukhi (Cfo), Jagdishbhai Muljibhai Lukhi (Director). Past directors included Mahendrakumar Somabhai Patel, Pravinbhai Nagjibhai Khunt, Manubhai Bhikhabhai Patel. It holds ₹120.77 Cr open charges and ₹71.08 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-212,Galaxy Business Park,Opp.Torrent Sub Station Nr. Kathwada Gidc, Sardar Patel Ring Roa, D, Nikol,, Ahmedabad, Gujarat, 382350.

Company Details

  • CIN/LLPIN

    U17120GJ2007PLC052072

  • Registration Number

    052072

  • Incorporation Date

    27 October 2007

  • Authorized Capital

    ₹14.00 Cr

  • Paid-Up Capital

    ₹14.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 14.00 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 120.77 Cr
  • Satisfied Charges ₹ 71.08 Cr
  • Revenue Growth -17.48%
  • Profit Growth -13.10%
  • Ebitda 13.70%
  • Net Worth 19.58%
  • Total Assets 0.46%
Company report

Unitech Cotspin Limited

Company Report FY 2025-2026

Explore comprehensive insights into Unitech Cotspin Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Unitech Cotspin Limited?

Current Directors

NameDesignationAppointment DateStatus
Mahendrakumar Somabhai PatelManaging Director05 May 2011Current
Ashokbhai Popatbhai LukhiCfo01 Nov 2017Current
Jagdishbhai Muljibhai LukhiDirector01 Oct 2013Current
Aditya PatelDirector19 Mar 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Sep 2016Past
Pramod AbcsddDirector31 Mar 2016Past
Pramod AbcsddDirector20 May 2011Past
Pramod AbcsddDirector18 May 2011Past
Pramod AbcsddChief Financial Officer-Past
Pramod AbcsddAdditional Director29 Sep 2017Past

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Financial Performance of Unitech Cotspin.

Unitech Cotspin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.48% decrease. The company also saw a substantial fall in profitability, with a 13.1% decrease in profit. The company's net worth Soared by an impressive increase of 19.58%.

Unitech Cotspin revenue growth over time
Unitech Cotspin profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.48%
Revenue from Operations
-17.03%
Total Assets
0.46%
Profit or Loss
-13.10%
Net Worth
19.58%
EBITDA
13.70%

What is the Ownership and Shareholding Structure of Unitech Cotspin?

In 2023, Unitech Cotspin had a promoter holding of 61.58% and a public holding of 38.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,207,669,928.00

Satisfied Charges

₹710,800,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 120.77 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2021Hdfc Bank Limited₹15.79 CrOpen
06 Feb 2021Hdfc Bank Limited₹8.00 CrOpen
19 Mar 2020Hdfc Bank Limited₹47.95 CrOpen
12 Sep 2019Hdfc Bank Limited₹49.03 CrOpen
28 Jul 2011Bank Of Baroda₹35.54 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Unitech Cotspin?

Unitech Cotspin has a workforce of 63 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Unitech Cotspin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Unitech Cotspin, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Unitech Cotspin's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Unitech Cotspin

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Unitech Cotspin Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Unitech Cotspin Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 47.95 Cr registered on 19 Mar 2020 with Charge ID 100333105 was modified on 28 Mar 2024. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 49.03 Cr registered on 12 Sep 2019 with Charge ID 100294226 was modified on 13 Feb 2024. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 15.79 Cr with Charge ID 100511688 was registered on 23 Nov 2021. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100438101 was registered on 06 Feb 2021. was documented.

Frequently Asked Questions

  • What is the CIN of Unitech Cotspin Limited?

    The CIN of Unitech Cotspin Limited is U17120GJ2007PLC052072.

  • Where is Unitech Cotspin Limited headquartered?

    Unitech Cotspin Limited is headquartered at B-212,Galaxy Business Park,Opp.Torrent Sub Station Nr. Kathwada Gidc, Sardar Patel Ring Roa, D, Nikol,, Ahmedabad, Gujarat, 382350.

  • When was Unitech Cotspin Limited incorporated?

    Unitech Cotspin Limited was incorporated on 27 October 2007.

  • Who are the current directors of Unitech Cotspin Limited?

    The current directors of Unitech Cotspin Limited are

  • What is the primary industry of Unitech Cotspin Limited?

    The primary industry of Unitech Cotspin Limited is Manufacturing.

  • Is Unitech Cotspin Limited a listed company?

    Unitech Cotspin Limited is unlisted.

  • What is the capital structure of Unitech Cotspin Limited?

    The authorized capital of Unitech Cotspin Limited is ₹14.00 Cr, and the paid-up capital is ₹14.00 Cr.

  • What is the compliance status of Unitech Cotspin Limited?

    The compliance status of Unitech Cotspin Limited is Compliant.

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