Jaya Varma Textiles Profile
Key Indicators
- Authorised Capital ₹ 22.90 Cr
- Paid Up Capital ₹ 8.70 Cr
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.42 Cr
- Satisfied Charges ₹ 253.93 Cr
- Revenue Growth -20.85%
- Profit Growth -86.36%
- Ebitda -74.10%
- Net Worth 2.68%
- Total Assets -13.13%
About Jaya Varma Textiles
Jaya Varma Textiles Private Limited (JVTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 1997 and has a history of 27 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 22.90 Cr and a paid-up capital of Rs 8.70 Cr.
The company currently has active open charges totaling ₹28.42 Cr. The company has closed loans amounting to ₹253.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanisamy, Palanisamy Vasanthi, Palanisamy Sabarinath, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1997PTC007968
- Company No.
007968
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jun 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Jaya Varma Textiles Private Limited offer?
Jaya Varma Textiles Private Limited offers a wide range of products and services, including Cotton Yarn, Compact Cotton Yarn, Cotton Blended Yarn.
Who are the key members and board of directors at Jaya Varma Textiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy  | Managing Director | 05-Jul-2021 | Current |
| Palanisamy Sabarinath | Managing Director | 23-Jan-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palanisamy Vasanthi | Whole-Time Director | 01-Apr-2022 | Current |
| Kiruthika Venkatachalam | Whole-Time Director | 19-Mar-2018 | Current |
Financial Performance of Jaya Varma Textiles.
Jaya Varma Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.85% decrease. The company also saw a substantial fall in profitability, with a 86.36% decrease in profit. The company's net worth moved up by a moderate rise of 2.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Jaya Varma Textiles?
In 2023, Jaya Varma Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
J V Yarn Mills India Private LimitedPalanisamy and Palanisamy Vasanthi are mutual person
J V Tapes Private LimitedPalanisamy and Palanisamy Vasanthi are mutual person
- Manchester Textile Private Limited
Palanisamy is a mutual person
- J V Flexi Tapes Private Limited
Palanisamy, Palanisamy Vasanthi and 2 more are mutual person
- V.P. Elastics Llp
Palanisamy Sabarinath and Kiruthika Venkatachalam are mutual person
- V P Green Energy Private Limited
Palanisamy Sabarinath and Kiruthika Venkatachalam are mutual person
Charges (Loans)
Open Charges
₹28.42 Cr
Satisfied Charges
₹253.93 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 28.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2024 | The South Indian Bank Limited | ₹2.50 M | Open |
| 18 Jun 2024 | The South Indian Bank Limited | ₹9.77 Cr | Open |
| 20 Apr 2023 | The South Indian Bank Limited | ₹2.00 M | Open |
| 06 Mar 2023 | The South Indian Bank Limited | ₹3.00 Cr | Open |
| 28 Nov 2022 | The South Indian Bank Limited | ₹15.20 Cr | Open |
How Many Employees Work at Jaya Varma Textiles?
Jaya Varma Textiles has a workforce of 394 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jaya Varma Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jaya Varma Textiles's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Jaya Varma Textiles
Recent activity within the organization
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100948470 was registered on 03 Jul 2024.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 9.77 Cr with Charge ID 100948768 was registered on 18 Jun 2024.
- Annual General Meeting
Jaya Varma Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with The South Indian Bank Limited of Rs. 3.00 Cr registered on 06 Mar 2023 with Charge ID 100706668 was modified on 17 May 2023.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100717210 was registered on 20 Apr 2023.
- Balance Sheet
Jaya Varma Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Frequently asked questions
What is the Incorporation or founding date of Jaya Varma Textiles Private Limited?
Jaya Varma Textiles Private Limited was incorporated on 11 Jun 1997.
What is authorized share capital and paid-up capital of Jaya Varma Textiles Private Limited?
The authorized share capital of Jaya Varma Textiles Private Limited is ₹ 22.90 Cr and paid-up capital is ₹ 8.70 Cr.
Who are the current board members & directors of Jaya Varma Textiles Private Limited?
Currently 4 directors are associated with Jaya Varma Textiles Private Limited.
- Palanisamy
- Palanisamy Vasanthi
- Palanisamy Sabarinath
- Kiruthika Venkatachalam
What is the registered address of Jaya Varma Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jaya Varma Textiles Private Limited is Sf No 105 237/1 239/1 239/2Csakthi Nagar North Pooluvapatty Post India, P N Road Tirupur, Tamil Nadu, 641603.
What is the corporate identification number (CIN) and company number of Jaya Varma Textiles Private Limited?
The corporate identification number (CIN) of Jaya Varma Textiles Private Limited is U17111TZ1997PTC007968 and the company number is 007968 as per Ministry of Corporate Affairs (MCA).
What is the official website of Jaya Varma Textiles Private Limited?
The Official website of Jaya Varma Textiles Private Limited is https://www.jvgroup.in
What has been the recent revenue trend for Jaya Varma Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Jaya Varma Textiles Private Limited has fallen by -20.85%.
How many employees does Jaya Varma Textiles Private Limited currently have?
As Per 2023 financial reports, 394 employees are currently employed by Jaya Varma Textiles Private Limited.
What change has been observed in the net worth of Jaya Varma Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Jaya Varma Textiles Private Limited has experienced an upsurge of 2.68%.
What are the total open charges for Jaya Varma Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Jaya Varma Textiles Private Limited amount to ₹ 28.42 Cr.
When was the last Balance Sheet of Jaya Varma Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Jaya Varma Textiles Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
SM
Subramanian MahendranDirectorP
PanneerselvamDirector
Similar Companies Based on Textile & Fabric Production
Wellknown Polyesters Limited Daman, Daman & Diu, India
Trident Limited Barnala, Punjab, India
Shahi Exports Private Limited Delhi, India
Gujarat Ambuja Exports Limited Ahmedabad, Gujarat, India
Bhilosa Industries Private Limited Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
Arvind Limited Ahmedabad, Gujarat, India
K.P.R. Mill Limited Coimbatore, Tamil Nadu, India
Srf Limited Delhi, India