Vivekanand Cotspin Ltd.
PROSPECTUS · filed 21 Sept 2026
Vivekanand Cotspin Ltd. is a manufacturer of cotton yarn that sources raw material from related parties, including Ambica Cotseeds and Vivekanand Industries. The company has provided unsecured loans to its directors, with the aggregate amount exceeding Rs 1.5 crore, which may pose credit risk. The draft prospectus highlights medium-severity risks related to supply chain dependency and related party transactions.
Partial analysis — some sections could not be read from the document (found: capitalisation, cover, litigation, objects, price_basis, promoters, related_party, risks).
How the offer is structured
- Funding Capital Expenditure requirements towards Plant & Machinery₹5.3 Cr
- To meet Working Capital requirements₹11.0 Cr
- General Corporate Purpose
Promoters, litigation & related parties
Promoter (pre)
100.0%
Related-party
0.0%
Share of revenue
Risks the company discloses
A significant portion of sales and purchase transactions are with related parties, including Ambica Cotseeds Limited, Vivekanand Industries, and Avadh Cotton Industries, which may affect competitive edge.(Related Party Transactions)
The company procures imported cotton bales from Ambica Cotseeds Limited, a key entity within the Vivekanand Group, for cotton yarn production.(Supply Chain Dependency)
Vivekanand Industries operates in ginning and cotton seed oil production, utilizing cotton seed from the company.(Supply Chain Dependency)
Vivekanand Industries supplies cotton bales to Vivekanand Cotspin Limited as raw material for cotton yarn production.(Supply Chain Dependency)
Vivekanand Cotspin Limited procured imported cotton bales from Ambica Cotseeds Pte Ltd, a Singapore-based entity, for use as raw material in cotton yarn manufacturing.(Supply Chain Dependency)
The company has provided unsecured loans to directors, including Jasmin Vishnubhai Patel (₹397.93 lakh), Nirav Patel (₹719.43 lakh), and Gautam Bharatbhai Patel (₹264.81 lakh), which may pose credit risk.(Credit Risk)
The company has provided unsecured loans to directors, including Vishnubhai Patel (₹154.47 lakh) and Bharatbhai Patel (₹326.53 lakh), which may pose credit risk.(Credit Risk)
The company has provided unsecured loans to directors, including Gautam Bharatbhai Patel (₹20.07 lakh), which may pose credit risk.(Credit Risk)
No dimension score is published for this filing. Too few sections could be read from the document to score it without guessing, and a score built on two fields would say more about our extraction than about the company.