Vedprakash Cotsyn India Private Limited
About Vedprakash Cotsyn India Private Limited
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Vedprakash Cotsyn India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18204MH2012PTC234868. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Pankaj Kumar Aggarwal and Vikas Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹19.82 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 0.1%) and EBITDA of ₹1.05 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company has open charges of ₹7.7 Cr and satisfied charges of ₹3.4 Cr on record. Court records list 18 cases involving the company, including 2 filed by the company and 16 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vedprakash Cotsyn India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address102/103 Sanjay Mittal Industrial Estate Building No.3A Sir M.V. Road Andheri (, East), Mumbai, Maharashtra, India – 400059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vedprakash Cotsyn India Private 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
Business activity
The main business activity of Vedprakash Cotsyn India 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 Vedprakash Cotsyn India Private Limited, buy the company report.
Financials of Vedprakash Cotsyn India Private Limited
FY 2018 filings availableVedprakash Cotsyn India Private Limited reported revenue of ₹19.82 Cr (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 31% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹19.82 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.05 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.13 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.3% | |||
| Net Profit Margin | 0.1% | |||
| 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 Vedprakash Cotsyn India Private Limited, buy the company report.
Board of directors of Vedprakash Cotsyn India Private Limited
Vedprakash Cotsyn India 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 |
|---|---|---|---|---|
| Pankaj Kumar Aggarwal Also directs: Vedprakash Garment Industries Private Limited | Director | 27 Aug 2012 | 14 Years 2 Months | Current |
| Vikas Aggarwal Also directs: Vedprakash Garment Industries Private Limited | Director | 27 Aug 2012 | 14 Years 2 Months | Current |
| Manoj Agarwal Also directs: Vedprakash Garment Industries Private Limited | Director | 23 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Vedprakash Cotsyn India Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Saurashtra Ginning Private Limited | ₹19.91 Cr (FY 2024) | 3.0% | Gariyadhar, Gujarat, India | |||
| Prabhudayal Polyster Private Limited | ₹19.87 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Devika Fashion Private Limited | ₹19.85 Cr (FY 2025) | -14.0% | Surat, Gujarat, India | |||
| Vedprakash Cotsyn India Private Limitedthis company | ₹19.82 Cr (FY 2018) | ₹1.13 Lakh | 0.1% | -20.0% | Mumbai, Maharashtra, India | |
| Fusepro Interlinings Private Limited | ₹19.82 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| Dinajpur Industries Private Limited | ₹19.82 Cr (FY 2025) | 27.0% | Uttardinajpur, West Bengal, India | |||
| Meharban Industries Private Limited | ₹19.82 Cr (FY 2016) | -14.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Vedprakash Cotsyn India Private Limited, buy the company report.
Shareholding
The shareholding of Vedprakash Cotsyn India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vedprakash Cotsyn India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2017 | 100149819 | Standard Chartered Bank | ₹1.7 Cr | Open | |
| 11 Aug 2015 | 10610486 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 07 Aug 2015 | 10610484 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 21 Apr 2015 | 10564877 | Union Bank of India | ₹30 Lakh | Satisfied | |
| 07 Apr 2015 | 10569487 | Reliance Home Finance Limited | ₹1.8 Cr | Satisfied |
To see the full charge records of Vedprakash Cotsyn India Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Vedprakash Cotsyn India Private Limited has 18 court cases on record: 2 filed by Vedprakash Cotsyn India, 16 filed against it. 8 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 8 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Idfc First Bank Limited Through Ajit Narayan Shinde | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Private Limited | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Avanse Financial Services Ltd | Disposed |
To see the full case history of Vedprakash Cotsyn India Private 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 Vedprakash Cotsyn India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vedprakash Cotsyn India 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 Vedprakash Cotsyn India Private Limited, buy the company report.
Recent activity
Vedprakash Cotsyn India Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Shakuntala Goyal ceased to be Director on 20 Jul 2018.
6 earlier events are in the company report.
Frequently asked questions
Vedprakash Cotsyn India is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 August 2012 (14+ years old) and is registered under CIN U18204MH2012PTC234868.
Vedprakash Cotsyn India has 3 current directors:
- Pankaj Kumar Aggarwal - Director
- Vikas Aggarwal - Director
- Manoj Agarwal - Director
The latest financial statements of Vedprakash Cotsyn India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Vedprakash Cotsyn India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vedprakash Cotsyn India is U18204MH2012PTC234868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedprakash Cotsyn India has 18 court cases on record: 2 filed by the company and 16 filed against it. 8 are pending. Most are in the district courts.
Vedprakash Cotsyn India was incorporated on 23 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vedprakash Cotsyn India by revenue are Saurashtra Ginning Private Limited, Prabhudayal Polyster Private Limited, Devika Fashion Private Limited, Fusepro Interlinings Private Limited, Dinajpur Industries Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shakuntala Goyal ceased to be Director on 20 Jul 2018. Pankaj Kumar Aggarwal ceased to be Additional Director on 30 Sep 2013. Vikas Aggarwal ceased to be Additional Director on 30 Sep 2013. Vedprakash Cotsyn India has 6 board changes on record in total.
The registered office of Vedprakash Cotsyn India is at 102103 Sanjay Mittal Industrial Estate Building No.3A Sir M.V. Road Andheri , East, Mumbai, Maharashtra, India – 400059.
Vedprakash Cotsyn India operates in the manufacturing industry, in the textile and fabric production segment.
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