Vraj Cotspin Private Limited
About Vraj Cotspin Private Limited
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Vraj Cotspin Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2013PTC076848. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.35 Cr and a paid-up capital of ₹4.35 Cr. It is led by directors Kantilal Bhimjibhai Aghera and Minaben Kantilalbhai Aghera.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at New Sardar Market S/No. A 3 Taluko: Gondal, Rajkot, Gujarat, India – 360311.
As per the financials filed for FY 2016, the company reported a revenue of ₹42.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.4 Cr (net margin -12.8%) and EBITDA of -₹3.3 Cr (EBITDA margin -7.8%).
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Vraj Cotspin Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressNew Sardar Market S/No. A 3 Taluko: Gondal, Rajkot, Gujarat, India – 360311
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vraj Cotspin 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 Vraj Cotspin 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 Vraj Cotspin Private Limited, buy the company report.
Financials of Vraj Cotspin Private Limited
FY 2016 filings availableVraj Cotspin Private Limited reported revenue of ₹42.22 Cr (up 12849% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹42.22 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.3 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.4 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -7.8% | |
| Net Profit Margin | -12.8% | |
| 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 Vraj Cotspin Private Limited, buy the company report.
Board of directors of Vraj Cotspin Private Limited
Vraj Cotspin has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantilal Bhimjibhai Aghera Also directs: Balkrushna Cotex Private Limited | Director | 16 Sep 2013 | 13 Years 1 Months | Current |
| Minaben Kantilalbhai Aghera Also directs: Balkrushna Cotex Private Limited | Director | 31 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Vraj Cotspin 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 |
|---|---|---|---|---|---|---|
| Concorde Knitwears Private Limited | ₹42.24 Cr (FY 2025) | 2.0% | Ludhiana, Punjab, India | |||
| Vraj Cotspin Private Limitedthis company | ₹42.22 Cr (FY 2016) | -₹5.4 Cr | -12.8% | 12849.0% | Rajkot, Gujarat, India | |
| Sourbh Fashion Private Limited | ₹42.2 Cr (FY 2025) | 26.0% | Mangrol, Gujarat, India | |||
| Amarveer Textiles Private Limited | ₹42.17 Cr (FY 2024) | 6.0% | Malegaon, Maharashtra, India | |||
| Shanti Rayons India Private Limited | ₹42.16 Cr (FY 2024) | -20.0% | Salem, Tamil Nadu, India | |||
| Sri Ravichandra Textiles Private Limited | ₹42.15 Cr (FY 2021) | 34.0% | Guntur, Andhra Pradesh, India | |||
| Suncity Textile Private Limited | ₹42.15 Cr (FY 2024) | -19.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Vraj Cotspin Private Limited, buy the company report.
Shareholding
The shareholding of Vraj Cotspin Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vraj Cotspin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2014 | 10533938 | Others | ₹10 Cr | Open |
To see the full charge records of Vraj Cotspin Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vraj Cotspin Private Limited has 1 court case on record: 1 filed by Vraj Cotspin. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Civil suit | Filed by the company against State Bank of India Thor. Branch Manager | Disposed |
To see the full case history of Vraj Cotspin 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 Vraj Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vraj Cotspin 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 Vraj Cotspin Private Limited, buy the company report.
Recent activity
Vraj Cotspin Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Ankit Bhalodiya ceased to be Director on 31 Mar 2016.
Frequently asked questions
Vraj Cotspin is an active private limited company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 September 2013 (13+ years old) and is registered under CIN U17291GJ2013PTC076848.
Vraj Cotspin has 2 current directors:
- Kantilal Bhimjibhai Aghera - Director
- Minaben Kantilalbhai Aghera - Director
The latest financial statements of Vraj Cotspin on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Vraj Cotspin has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vraj Cotspin is U17291GJ2013PTC076848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vraj Cotspin has 1 court case on record: 1 filed by the company.
Vraj Cotspin was incorporated on 16 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vraj Cotspin by revenue are Concorde Knitwears Private Limited, Sourbh Fashion Private Limited, Amarveer Textiles Private Limited, Shanti Rayons India Private Limited, Sri Ravichandra Textiles Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ankit Bhalodiya ceased to be Director on 31 Mar 2016. Bhavdip Kantilal Aghera ceased to be Director on 31 Mar 2016. Mandeep Pravinchandra Aghera ceased to be Director on 31 Mar 2016. Vraj Cotspin has 6 board changes on record in total.
The registered office of Vraj Cotspin is at New Sardar Market SNo. A 3 Taluko: Gondal, Rajkot, Gujarat, India – 360311.
Vraj Cotspin operates in the manufacturing industry, in the textile and fabric production segment.
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