Pee Vee Textiles Limited

Textile company specializing in manufacturing various types of fabric and yarn with captive use.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Pee Vee Textiles Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 30.00 Cr
  • Company Age 38 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 878.47 Cr
  • Satisfied Charges ₹ 358.80 Cr
  • Revenue Growth -0.67%
  • Profit Growth -54.43%
  • Ebitda -29.65%
  • Net Worth 8.56%
  • Total Assets 4.05%

About Pee Vee Textiles

Pee Vee Textiles Limited (PVTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 March 1986 and has a history of 38 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Pee Vee Textiles Private Limited. 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 30.00 Cr and a paid-up capital of Rs 30.00 Cr.

The company currently has active open charges totaling ₹878.47 Cr. The company has closed loans amounting to ₹358.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pee Vee Textiles Limited India is Budhraj Jain as COMPANY SECRETARY. Kulbhushan Khullar, Adarshkumar Mohota, Arunkumar Mohota, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1986PLC039177

  • Company No.

    039177

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1986

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Pee Vee Textiles Limited offer?

Pee Vee Textiles Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Cotton Lycra Fabric, Cotton Fabric, Other Textile Fabrics, Blended Fabric, Yarns & Threads, Cotton Yarn.

Who are the key members and board of directors at Pee Vee Textiles?

Executive Team (2)

NameDesignationAppointment DateStatus
Arunkumar Mohota Country flag representing In Managing Director27-Jul-1986Current
Budhraj Jain Country flag representing In Company Secretary11-Jan-2001Current

Board Members (4)

NameDesignationAppointment DateStatus
Kulbhushan Khullar Country flag representing In Director 01-Jun-2013Current
Jatinder Kasturia Country flag representing In Director 01-Apr-2005Current
Adarshkumar Mohota Country flag representing In Whole-Time Director 08-Sep-2016Current
Sarladevi Mohota Country flag representing In Director 10-Jan-2015Current

Financial Performance of Pee Vee Textiles.

Pee Vee Textiles Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.67% decrease. The company also saw a substantial fall in profitability, with a 54.43% decrease in profit. The company's net worth moved up by a moderate rise of 8.56%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.67%
Revenue from Operations
-0.17%
Total Assets
4.05%
Profit or Loss
-54.43%
Net Worth
8.56%
EBITDA
-29.65%

What is the Ownership and Shareholding Structure of Pee Vee Textiles?

In 2023, Pee Vee 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹878.47 Cr

Satisfied Charges

₹358.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 522.71 Cr
  • Axis Bank Limited : 153.30 Cr
  • Others : 100.60 Cr
  • Idbi Bank Limited : 53.00 Cr
  • State Bank Of Hyderabad : 20.00 Cr
  • Others : 28.86 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2023Hdfc Bank Limited₹0.76 MOpen
17 Jun 2023Hdfc Bank Limited₹3.70 MOpen
29 Apr 2023Hdfc Bank Limited₹1.80 MOpen
31 Mar 2023Axis Bank Limited₹30.00 CrOpen
07 Jun 2022Hdfc Bank Limited₹2.30 MOpen

How Many Employees Work at Pee Vee Textiles?

Pee Vee Textiles has a workforce of 2458 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pee Vee 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 Pee Vee Textiles's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Pee Vee Textiles

Recent activity within the organization

  • Annual General Meeting

    Pee Vee Textiles Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 30.00 Cr registered on 31 Mar 2023 with Charge ID 100704356 was modified on 07 Aug 2023.

    07 Aug 2023

  • Charges

    A charge with State Bank Of India of Rs. 201.21 Cr registered on 30 Nov 2015 with Charge ID 10608808 was modified on 22 Jun 2023.

    22 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100752265 was registered on 20 Jun 2023.

    20 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100752263 was registered on 17 Jun 2023.

    17 Jun 2023

  • Charges

    A charge registered on 18 Jun 2014 via Charge ID 10508515 with Idbi Bank Limited was fully satisfied on 03 May 2023.

    03 May 2023

Frequently asked questions

  • Pee Vee Textiles Limited was incorporated on 10 Mar 1986.

  • The authorized share capital of Pee Vee Textiles Limited is ₹ 30.00 Cr and paid-up capital is ₹ 30.00 Cr.

  • Currently 6 directors are associated with Pee Vee Textiles Limited.

    • Kulbhushan Gurcharndas Khullar
    • Adarshkumar Arunkumar Mohota
    • Arunkumar Gwaldasji Mohota
    • Sarladevi Gwaldasji Mohota
    • Budhraj Jain
    • Jatinder Udebhan Kasturia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pee Vee Textiles Limited is At-Jambtahsil-Samudrapur Jamb, Mumbai, Maharashtra, India, 442305.

  • The corporate identification number (CIN) of Pee Vee Textiles Limited is U17110MH1986PLC039177 and the company number is 039177 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pee Vee Textiles Limited is https://www.peeveetextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pee Vee Textiles Limited has fallen by -0.67%.

  • As Per 2023 financial reports, 2458 employees are currently employed by Pee Vee Textiles Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pee Vee Textiles Limited has experienced an upsurge of 8.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pee Vee Textiles Limited amount to ₹ 878.47 Cr.

  • The most recent Balance Sheet for Pee Vee Textiles Limited was filed with the ROC on 31 Mar 2023.

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