Varidhi Cotspin Private Limited - Company Profile

It is a manufacturing private limited company based in Ahmedabad, Gujarat, India, established in 2014.
2014 Ahmedabad, Gujarat, India Active
Last Updated:
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About Varidhi Cotspin Private Limited

Varidhi Cotspin Private Limited, a active private limited company, was established on 20 October 2014 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17291GJ2014PTC085459. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹5.09 Cr.

It upholds a compliant status. Employing 3 professional, Its leadership includes Ankit Kumar Ajitsaria (Director), Shakuntala Devi Ajitsaria (Director), Nitu Ajitsaria (Director). Past directors included Parmeshwar Prasad Ajitsaria, Monika Ajitsaria, Krishna Kumar Ajitsaria. It holds ₹66.98 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1237, 1238, 1240/1, Village- Koth, Gangad Road, Ta- Dholka, Di- Ahmedabad, Ahmedabad, Gujarat, 380051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U17291GJ2014PTC085459

  • Registration Number

    085459

  • Incorporation Date

    20 October 2014

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹5.09 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.09 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 66.98 Cr
  • Revenue Growth **** -49.05%
  • Profit Growth **** -96.68%
  • Ebitda **** -58.73%
  • Net Worth 0.36%
  • Total Assets -1.70%
Company report

Varidhi Cotspin Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Varidhi Cotspin Private 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 Varidhi Cotspin Private Limited?
Current Directors
Name Designation Appointment Date Status
Ankit Kumar Ajitsaria Director 20 Oct 2014 Current
Shakuntala Devi Ajitsaria Director 28 May 2016 Current
Nitu Ajitsaria Director 19 Dec 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 May 2016 Past
Pramod Abcsdd Director 28 May 2016 Past
Pramod Abcsdd Director 19 Dec 2016 Past

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Financial Performance of Varidhi Cotspin.

Varidhi Cotspin Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.05% decrease. The company also saw a substantial fall in profitability, with a 96.68% decrease in profit. The company's net worth moved up by a moderate rise of 0.36%.

Varidhi Cotspin revenue growth over time
Varidhi Cotspin profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -49.05%
*******
*******
*******
*******
Revenue from Operations
*******
 -49.42%
*******
*******
*******
*******
Total Assets
*******
 -1.70%
*******
*******
*******
*******
Profit or Loss
*******
 -96.68%
*******
*******
*******
*******
Net Worth
*******
 0.36%
*******
*******
*******
*******
EBITDA
*******
 -58.73%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Varidhi Cotspin?

In 2022, Varidhi Cotspin had a promoter holding of 42.89% and a public holding of 57.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹669,763,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 66.98 Cr
Latest Charge Details
Date Lender Amount Status
24 Aug 2017 Sbicap Trustee Company Limited ₹66.98 Cr Open

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How Many Employees Work at Varidhi Cotspin?

Varidhi Cotspin has a workforce of 3 employees as of Apr 07, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varidhi 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 Varidhi 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.

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Latest Updates, News, and FAQs on Varidhi Cotspin
Recent Activity within the Organization
  • Annual General Meeting

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

  • Balance Sheet

    Varidhi Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited of Rs. 66.98 Cr registered on 24 Aug 2017 with Charge ID 100121530 was modified on 16 Jul 2022. was completed.

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 66.98 Cr with Charge ID 100121530 was registered on 24 Aug 2017. was recorded as a recent event.

  • Director Appointment

    The activity Nitu Ajitsaria was appointed as a Director was appointed as a Director on 19 Dec 2016 & has been associated with this company since 9 years 2 months . was completed.

  • Director Appointment

    Shakuntala Devi Ajitsaria was appointed as a Director was appointed as a Director on 28 May 2016 & has been associated with this company since 9 years 8 months . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Varidhi Cotspin Private Limited?

The CIN of Varidhi Cotspin Private Limited is U17291GJ2014PTC085459.

Where is Varidhi Cotspin Private Limited headquartered?

Varidhi Cotspin Private Limited is headquartered at 1237, 1238, 1240/1, Village- Koth, Gangad Road, Ta- Dholka, Di- Ahmedabad, Ahmedabad, Gujarat, 380051.

When was Varidhi Cotspin Private Limited incorporated?

Varidhi Cotspin Private Limited was incorporated on 20 October 2014.

Who are the current directors of Varidhi Cotspin Private Limited?

The current directors of Varidhi Cotspin Private Limited are

What is the primary industry of Varidhi Cotspin Private Limited?

The primary industry of Varidhi Cotspin Private Limited is Manufacturing.

Is Varidhi Cotspin Private Limited a listed company?

Varidhi Cotspin Private Limited is unlisted.

What is the capital structure of Varidhi Cotspin Private Limited?

The authorized capital of Varidhi Cotspin Private Limited is ₹5.50 Cr, and the paid-up capital is ₹5.09 Cr.

What is the compliance status of Varidhi Cotspin Private Limited?

The compliance status of Varidhi Cotspin Private Limited is Compliant.

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