V M Yarns Private Limited

Manufacturer and trader of various yarn types, founded in 2002 by Yogesh and Payal Kanoria.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: December 17, 2024

V M Yarns Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.53 M
  • Company Age 22 Year, 1 Month
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 14.50 Cr
  • Satisfied Charges ₹ 1.55 Cr
  • Revenue Growth -77.31%
  • Profit Growth 1.79%
  • Ebitda 95.55%
  • Net Worth -3.35%
  • Total Assets -3.64%

About V M Yarns

V M Yarns Private Limited (VMYPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 December 2002 and has a history of 22 years and one month. Its registered office is in Mumbai, Maharashtra.

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 2020. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.53 M.

The company currently has active open charges totaling ₹14.50 Cr. The company has closed loans amounting to ₹1.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogesh Kanoria and Ketan Singh serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110MH2002PTC138438

  • Company No.

    138438

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2002

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does V M Yarns Private Limited offer?

V M Yarns Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn.

Who are the key members and board of directors at V M Yarns?

Board Members (2)

Name Designation Appointment Date Status
Yogesh Kanoria Country flag representing In Director 27-Dec-2002 Current
Ketan Singh Country flag representing In Additional Director 31-May-2020 Current

Financial Performance of V M Yarns.

V M Yarns Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 77.31% decrease. The company also saw a slight improvement in profitability, with a 1.79% increase in profit. The company's net worth dipped by a decrease of 3.35%.

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
-77.31%
Revenue from Operations
Total Assets
-3.64%
Profit or Loss
1.79%
Net Worth
-3.35%
EBITDA
95.55%

What is the Ownership and Shareholding Structure of V M Yarns?

In 2020, V M Yarns 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

₹145.00 M

Satisfied Charges

₹15.50 M

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Op Bank Ltd : 13.50 Cr
  • The Saraswat Cooperative Bank Ltd : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Mar 2013 The Saraswat Cooperative Bank Ltd ₹1.00 Cr Open
26 Dec 2007 The Saraswat Co-Op Bank Ltd ₹13.50 Cr Open
07 Jul 2015 The Saraswat Cooperative Bank Ltd ₹5.00 M Satisfied
09 Mar 2009 The Saraswat Co-Op Bank Ltd ₹2.00 M Satisfied
15 Dec 2008 The Saraswat Co-Op Bank Ltd ₹2.00 M Satisfied

How Many Employees Work at V M Yarns?

Unlock and access historical data on people associated with V M Yarns, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V M Yarns, 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 V M Yarns'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 V M Yarns

Recent activity within the organization

  • Annual General Meeting

    V M Yarns Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Director Appointment

    Ketan Kapur Singh was appointed as a Additional Director was appointed as a Additional Director on 31 May 2020 & has been associated with this company since 4 years 8 months .

    31 May 2020

  • Balance Sheet

    V M Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge registered on 07 Jul 2015 via Charge ID 10579739 with The Saraswat Cooperative Bank Ltd was fully satisfied on 16 Feb 2016.

    16 Feb 2016

  • Charges

    A charge with The Saraswat Cooperative Bank Ltd amounted to Rs. 5.00 M with Charge ID 10579739 was registered on 07 Jul 2015.

    07 Jul 2015

  • Charges

    A charge with The Saraswat Co-Op Bank Ltd of Rs. 135.00 M registered on 26 Dec 2007 with Charge ID 10080915 was modified on 12 Dec 2014.

    12 Dec 2014

Frequently asked questions

  • V M Yarns Private Limited was incorporated on 27 Dec 2002.

  • The authorized share capital of V M Yarns Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.53 M.

  • Currently 2 directors are associated with V M Yarns Private Limited.

    • Yogesh Ramavtar Kanoria
    • Ketan Kapur Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of V M Yarns Private Limited is 906 Unique Tower, Gajwadi Industrial Estate Off S.V.Road Goregaon (West) India, Mumbai, Maharashtra, 400062.

  • The corporate identification number (CIN) of V M Yarns Private Limited is U17110MH2002PTC138438 and the company number is 138438 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V M Yarns Private Limited is https://www.vmyarns.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for V M Yarns Private Limited has fallen by -77.31%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of V M Yarns Private Limited has experienced an downturn of -3.35%.

  • As per the financial statements for fiscal Year 2020, The total open charges for V M Yarns Private Limited amount to ₹ 14.50 Cr.

  • The most recent Balance Sheet for V M Yarns Private Limited was filed with the ROC on 31 Mar 2020.

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