VSM Cotspin Private Limited
About VSM Cotspin Private Limited
Data last updated:
VSM Cotspin Private Limited is a private limited company based in Panipat, Haryana, India, a subsidiary of Gsm Cotspin Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 April 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17290HR2022PTC102629. Its GSTIN is 06AAICV6523C1ZH (Haryana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikas Garg and Monika Garg.
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 3 Gandhi Mandi Panipat, Haryana, India – 132103.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.66 Lakh (net margin 10.1%) and EBITDA of ₹17.46 Lakh (EBITDA margin 10.5%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
VSM Cotspin Private Limited's registered office is in Panipat, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Gandhi Mandi Panipat, Haryana, India – 132103
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of VSM 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 VSM 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 VSM Cotspin Private Limited, buy the company report.
Financials of VSM Cotspin Private Limited
FY 2024 filings availableVSM Cotspin Private Limited reported revenue of ₹1.66 Cr (up 1083% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.66 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹17.46 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹16.66 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.5% | |
| Net Profit Margin | 10.1% | |
| 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 VSM Cotspin Private Limited, buy the company report.
Board of directors of VSM Cotspin Private Limited
VSM Cotspin has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Garg | Director | 02 Apr 2024 | 2 Years 7 Months | Current |
| Monika Garg Also directs: Samsara Eco Fabrics Private Limited | Additional Director | 16 May 2025 | 1 Years 5 Months | Current |
Peer comparison
VSM Cotspin Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Ziowear Apparels Private Limited | ₹1.66 Cr (FY 2020) | -28.0% | Bangalore, Karnataka, India | |||
| Annamalaiar Textiles Private Limited | ₹1.66 Cr (FY 2019) | 92073.0% | Dindigul, Tamil Nadu, India | |||
| Seeluck Suitings Private Limited | ₹1.66 Cr (FY 2025) | 33.0% | Bhilwara, Rajasthan, India | |||
| Tristof Private Limited | ₹1.66 Cr (FY 2024) | 79.0% | Chennai, Tamil Nadu, India | |||
| Shri Mookambiga Spinning Mills Private Limited | ₹1.66 Cr (FY 2025) | -64.0% | Annur, Tamil Nadu, India | |||
| VSM Cotspin Private Limitedthis company | ₹1.66 Cr (FY 2024) | ₹16.66 Lakh | 10.1% | 1083.0% | Panipat, Haryana, India | |
| Rohil Fabrics Private Limited | ₹1.65 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Sri Renga Apparels India Private Limited | ₹1.65 Cr (FY 2023) | -75.0% | Coimbatore, Tamil Nadu, India | |||
| Rastogi Fashions Private Limited | ₹1.65 Cr (FY 2025) | -43.0% | New Delhi, Delhi, India |
To see the full peer comparison of VSM Cotspin Private Limited, buy the company report.
Auditor
VSM Cotspin Private Limited is audited by Pardeep Tayal & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pardeep Tayal & Co. | FY 2024 | 002733N |
Shareholding
The shareholding of VSM Cotspin Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of VSM Cotspin Private Limited, buy the company report.
Legal cases
VSM Cotspin Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panipat, Haryana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of VSM 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 VSM Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VSM Cotspin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICV6523C1ZH | Haryana | Active | 05 May 2022 |
To see the full GST registrations and return filing status of VSM Cotspin Private Limited, buy the company report.
Recent activity
VSM Cotspin Private Limited has 5 board changes on record since 2024: 2 appointments and 3 cessations. The latest: Vishal Garg ceased to be Director on 19 May 2025.
Frequently asked questions
VSM Cotspin is an active private limited company based in Panipat, Haryana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 April 2022 (4+ years old) and is registered under CIN U17290HR2022PTC102629.
VSM Cotspin has 2 current directors:
- Vikas Garg - Director
- Monika Garg - Additional Director
The latest financial statements of VSM 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 FY 2023 are in the company report.
The GSTIN of VSM Cotspin is 06AAICV6523C1ZH, registered in Haryana.
The CIN (Corporate Identification Number) of VSM Cotspin is U17290HR2022PTC102629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSM Cotspin has 1 court case on record: 1 filed against it. 1 is pending.
VSM Cotspin was incorporated on 06 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of VSM Cotspin by revenue are Ziowear Apparels Private Limited, Annamalaiar Textiles Private Limited, Seeluck Suitings Private Limited, Tristof Private Limited, Shri Mookambiga Spinning Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Vishal Garg ceased to be Director on 19 May 2025. Monika Garg was appointed as Additional Director on 16 May 2025. Vikas Garg ceased to be Additional Director on 29 Sep 2024. VSM Cotspin has 5 board changes on record in total.
The registered office of VSM Cotspin is at 3 Gandhi Mandi Panipat, Haryana, India – 132103.
VSM Cotspin operates in the manufacturing industry, in the textile and fabric production segment.
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