- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-28-0043197

Velmurugan Cotspin Private Limited
About Velmurugan Cotspin Private Limited
Data last updated:
Velmurugan Cotspin Private Limited is a private limited company based in Vellakovil, Tamil Nadu, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 19 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PTC013086. Its GSTIN is 33AACCV9443R1ZM (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Pazhanisami Ravikumar (Managing Director) and Muthusamygounder Palanisamy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 400 Kpc Nagar Vellakovil Kangayam Tk, Tamil Nadu, India – 638111.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹13.55 Lakh and EBITDA of -₹12.08 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 47% over five years.
Velmurugan Cotspin Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0043197). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Velmurugan Cotspin
Contact details
Velmurugan Cotspin Private Limited's registered office is in Vellakovil, Tamil Nadu.
- Registered Address400 Kpc Nagar Vellakovil Kangayam Tk, Tamil Nadu, India – 638111
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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 Velmurugan Cotspin Private Limited
FY 2024 filings availableVelmurugan Cotspin Private Limited reported revenue of ₹1.8 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 32% fall in the latest year. EBITDA fell 797% 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
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| EBITDA | -₹12.08 Lakh | ||||
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| Net Profit (PAT) | -₹13.55 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Velmurugan Cotspin Private Limited, buy the company report.
Board of directors of Velmurugan Cotspin Private Limited
Velmurugan Cotspin has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthusamygounder Palanisamy | Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Pazhanisami Ravikumar | Managing Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Jaganathan Vidyalakshmi | Additional Director | 21 Nov 2024 | 1 Years 11 Months | Current |
| Palanisamy Jothimani | Director | 19 Sep 2006 | 20 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Velmurugan Cotspin Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velmurugan Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velmurugan Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV9443R1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velmurugan Cotspin Private Limited, buy the company report.
Recent activity
Velmurugan Cotspin Private Limited has 4 board changes on record since 2006: 4 appointments. The latest: Jaganathan Vidyalakshmi was appointed as Additional Director on 21 Nov 2024.
Frequently asked questions
Velmurugan Cotspin is an active private limited company based in Vellakovil, Tamil Nadu, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 19 September 2006 (20+ years old) and is registered under CIN U17111TZ2006PTC013086.
Velmurugan Cotspin has 4 current directors:
- Pazhanisami Ravikumar - Managing Director
- Muthusamygounder Palanisamy - Director
- Jaganathan Vidyalakshmi - Additional Director
- Palanisamy Jothimani - Director
The latest financial statements of Velmurugan Cotspin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Velmurugan Cotspin is 33AACCV9443R1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Velmurugan Cotspin is U17111TZ2006PTC013086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velmurugan Cotspin was incorporated on 19 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jaganathan Vidyalakshmi was appointed as Additional Director on 21 Nov 2024. Muthusamygounder Palanisamy was appointed as Director on 19 Sep 2006. Palanisamy Jothimani was appointed as Director on 19 Sep 2006. Velmurugan Cotspin has 4 board changes on record in total.
Yes, Velmurugan Cotspin is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0043197).
The registered office of Velmurugan Cotspin is at 400 Kpc Nagar Vellakovil Kangayam Tk, Tamil Nadu, India – 638111.
Velmurugan Cotspin operates in the apparel and fashion industry, in the leather segment.

