Vineet Cotex Pvt Ltd
About Vineet Cotex Pvt Ltd
Data last updated:
Vineet Cotex Pvt Ltd is a private limited company based in Ichalkaranji, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17115PN1993PTC070804. Its GSTIN is 27AAACV6357N1ZQ (Maharashtra).
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹49.81 Lakh. It is led by directors including Vineet Shivbhagwan Toshniwal and Sumitradevi Shivbhagwan Toshniwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10/1033 Sangram Chowk Ichalkaranji, Maharashtra, India – 416115.
As per the financials filed for FY 2025, the company reported a revenue of ₹79.32 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹32.03 Lakh (net margin 0.4%) and EBITDA of ₹1.76 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹10 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social MediaLocked
- Registered Address10/1033 Sangram Chowk Ichalkaranji, Maharashtra, India – 416115
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Vineet Cotex Pvt Ltd
The main business activity of Vineet Cotex is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vineet Cotex Pvt Ltd FY 2025 filings available
Vineet Cotex Pvt Ltd reported revenue of ₹79.32 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vineet Cotex Pvt Ltd
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. 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 of Vineet Cotex Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32.03 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 of Vineet Cotex Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vineet Cotex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Vineet Cotex Pvt Ltd
Vineet Cotex Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mehala Carona Textiles Private Limited | ₹79.61 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sree Ayyanar Spinning and Weaving Mills Private Limited | ₹79.58 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Virudhunagar, Tamil Nadu, India |
| Sofia Twist and Text Private Limited | ₹79.52 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Surat, Gujarat, India |
| Sodagar Woollen Mills Private Limited | ₹79.42 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Punjab, India |
| Splendor Vinimay Private Limited | ₹79.38 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Howrah, West Bengal, India |
| Vineet Cotex Pvt Ltd this company | ₹79.32 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Ichalkaranji, Maharashtra, India |
| Levassa Overseas Private Limited | ₹79.31 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Rajeshree Industries India Private Limited | ₹79.19 Cr (FY 2018) | •••• | •••• | -41.0% | •••• | Khargone, Madhya Pradesh, India |
| Kalp Cotspin Private Limited | ₹79.13 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Talod, Gujarat, India |
| Saiglobal Yarntex (India) Private Limited | ₹79.09 Cr (FY 2023) | •••• | •••• | -12.0% | •••• | Vellampalli, Andhra Pradesh, India |
| Shri Vishnuperumaal Spin Yarn Private Limited | ₹79.09 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Vineet Cotex by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vineet Cotex Pvt Ltd
Vineet Cotex Pvt Ltd is audited by SATYANARAYANRAMESHWARLALRANDAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SATYANARAYANRAMESHWARLALRANDAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vineet Cotex Pvt Ltd
Vineet Cotex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Shivbhagwan Toshniwal Also directs: Shivmitra Tex India Private Limited, Vineet Quality Products Private Limited, Mpmys Foundation and 1 more | Director | 01 Sep 2021 | 5 Years 1 Months | Current |
| Sumitradevi Shivbhagwan Toshniwal | Director | 18 Feb 1997 | 29 Years 7 Months | Current |
| Shivbhagwan Champalal Toshniwal Also directs: Shivmitra Tex India Private Limited | Director | 15 Feb 1993 | 33 Years 7 Months | Current |
Ownership and Shareholding of Vineet Cotex Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vineet Cotex Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2022 | Hdfc Bank Limited | ₹4 Cr | Open |
| 13 Nov 1997 | Union Bank of India | ₹10 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Vineet Cotex Pvt Ltd
Vineet Cotex Pvt Ltd has 3 court cases on record: 2 filed by Vineet Cotex, 1 filed against it. 1 case is pending and 2 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against May Khushi Exports Proprietary Mrs Khushboo Nikhil Kabra | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Delhi | Appeal | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Vineet Cotex Pvt Ltd
Vineet Cotex Pvt Ltd has 5 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Laxminarayan Spinners (I) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Nahar Tex | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Vineet Cotex Pvt Ltd
Employment history and EPFO contributions of people linked to Vineet Cotex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Vineet Cotex Pvt Ltd
Vineet Cotex has one previous CIN (Corporate Identification Number): U17115MH1993PTC070804. The current CIN is U17115PN1993PTC070804, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115PN1993PTC070804 | Current |
| U17115MH1993PTC070804 | Previous |
Recent Activity on Vineet Cotex Pvt Ltd
Vineet Cotex Pvt Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Vineet Shivbhagwan Toshniwal was appointed as Director on 01 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Vineet Cotex Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vineet Cotex Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vineet Cotex Pvt Ltd
Vineet Cotex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV6357N1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vineet Cotex Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vineet Cotex Pvt Ltd
Vineet Cotex is an active private limited company based in Ichalkaranji, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 1993 (33+ years old) and is registered under CIN U17115PN1993PTC070804.
Vineet Cotex reported revenue of ₹79.32 Cr for FY 2025 (down 24% YoY).
Vineet Cotex has 3 current directors:
- Vineet Shivbhagwan Toshniwal - Director
- Sumitradevi Shivbhagwan Toshniwal - Director
- Shivbhagwan Champalal Toshniwal - Director
Vineet Cotex reported a net profit of ₹32.03 Lakh (net margin 0.4%) and EBITDA of ₹1.76 Cr (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vineet Cotex is -5% over three years and 19% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vineet Cotex is 27AAACV6357N1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vineet Cotex is U17115PN1993PTC070804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vineet Cotex has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Vineet Cotex was incorporated on 15 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vineet Cotex by revenue are Mehala Carona Textiles Private Limited, Sree Ayyanar Spinning and Weaving Mills Private Limited, Sofia Twist and Text Private Limited, Sodagar Woollen Mills Private Limited, Splendor Vinimay Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Vineet Shivbhagwan Toshniwal was appointed as Director on 01 Sep 2021. Vineet Shivbhagwan Toshniwal ceased to be Director on 01 Sep 2021. Radheshyam Sitaram Toshniwal ceased to be Director on 27 Aug 2009. Vineet Cotex has 5 board changes on record in total.
Vineet Cotex has 5 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 21 micro and small suppliers. The latest return was filed on 27 Aug 2023.