V R Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 3.75 Cr
- Paid Up Capital ₹ 3.75 Cr
- Company Age 45 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.75 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth 81.49%
- Profit Growth 41.00%
- Ebitda 31.88%
- Net Worth 22.85%
- Total Assets 39.91%
About V R Spinning Mills
V R Spinning Mills Private Limited (VRSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 1979 and has a history of 45 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as G T K 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 2024. It's a company limited by shares with an authorized capital of Rs 3.75 Cr and a paid-up capital of Rs 3.75 Cr.
The company currently has active open charges totaling ₹12.75 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kalavathi Ramakrishnan, Velayuthasamynaidu Ramakrishnan, and Arun Karthik 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
U17111TZ1979PTC000836
- Company No.
000836
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Feb 1979
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at V R Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Karthik  | Managing Director | 09-Oct-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalavathi Ramakrishnan | Director | 09-Oct-2008 | Current |
| Velayuthasamynaidu Ramakrishnan | Director | 03-Sep-2008 | Current |
Financial Performance of V R Spinning Mills.
V R Spinning Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.49% increase. The company also saw a substantial improvement in profitability, with a 41% increase in profit. The company's net worth Soared by an impressive increase of 22.85%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of V R Spinning Mills?
In 2023, V R Spinning Mills 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)
Mckinnon India Private LimitedArun Karthik is a mutual person
Charges (Loans)
₹12.75 Cr
₹1.00 Cr
Charges Breakdown by Lending Institutions
- Others : 7.44 Cr
- Sidbi : 5.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2022 | Sidbi | ₹8.85 M | Open |
| 04 Mar 2021 | Sidbi | ₹4.42 Cr | Open |
| 20 Apr 2009 | Others | ₹7.44 Cr | Open |
| 12 Nov 1994 | Canara Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at V R Spinning Mills?
V R Spinning Mills has a workforce of 25 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of V R Spinning Mills, 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 R Spinning Mills'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.
