V S P Industries Private Limited
Manufactures fabrics as part of VSP Group, incorporated in 2005 and located in Tamil Nadu.
2005 | Namakkal, Tamil Nadu (India) | Active
V S P Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.94 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.00 Cr
- Satisfied Charges ₹ 53.76 Cr
- Revenue Growth 5.28%
- Profit Growth -21.58%
- Ebitda -11.89%
- Net Worth 29.70%
- Total Assets 30.39%
About V S P Industries
V S P Industries Private Limited (VSPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 May 2005 and has a history of 19 years and 11 months. Its registered office is in Namakkal, 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 5.00 Cr and a paid-up capital of Rs 4.94 Cr.
The company currently has active open charges totaling ₹36.00 Cr. The company has closed loans amounting to ₹53.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sengodagounder Muthusamy, Sengoda Gounder, Muthusamy Ravichandran, and Two other members serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ2005PTC011820
- Company No.
011820
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
V S P Industries Private Limited
Explore comprehensive data for V S P Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at V S P Industries?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sengodagounder Muthusamy  | Director | 20-May-2005 | Current |
| Sengoda Gounder | Director | 20-May-2005 | Current |
| Muthusamy Ravichandran | Director | 20-May-2005 | Current |
| Palanisamy Duraiswamy | Director | 20-May-2005 | Current |
| Ravichandran Muralidharan | Whole-Time Director | 09-Feb-2015 | Current |
Financial Performance of V S P Industries.
V S P Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.28% increase. The company also saw a substantial fall in profitability, with a 21.58% decrease in profit. The company's net worth Soared by an impressive increase of 29.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of V S P Industries?
In 2023, V S P Industries had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vsm Weavess India Private LimitedSengodagounder Muthusamy, Sengoda Gounder and 3 more are mutual person
Pallava Textiles Private LimitedSengodagounder Muthusamy, Sengoda Gounder and 3 more are mutual person
- Pallava Fine Fab Private Limited
Sengoda Gounder and Muthusamy Ravichandran are mutual person
- Sbbp Finaancial Services Private Limited
Muthusamy Ravichandran and Palanisamy Duraiswamy are mutual person
- Confederation Of Indian Textile Industry
Palanisamy Duraiswamy is a mutual person
Charges (Loans)
Open Charges
₹36.00 Cr
Satisfied Charges
₹53.76 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 36.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2021 | Axis Bank Limited | ₹36.00 Cr | Open |
| 28 Sep 2018 | Hdfc Bank Limited | ₹27.50 Cr | Satisfied |
| 15 Feb 2018 | State Bank Of India | ₹26.26 Cr | Satisfied |
How Many Employees Work at V S P Industries?
V S P Industries has a workforce of 554 employees as of Mar 28, 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 S P Industries, 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 S P Industries'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 V S P Industries
Recent activity within the organization
- Annual General Meeting
V S P Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
V S P Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Axis Bank Limited of Rs. 36.00 Cr registered on 24 Nov 2021 with Charge ID 100511127 was modified on 30 Jul 2022.
- Charges
A charge registered on 15 Feb 2018 via Charge ID 100166970 with State Bank Of India was fully satisfied on 25 Apr 2022.
- Charges
A charge registered on 28 Sep 2018 via Charge ID 100214311 with Hdfc Bank Limited was fully satisfied on 04 Jan 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 36.00 Cr with Charge ID 100511127 was registered on 24 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of V S P Industries Private Limited?
V S P Industries Private Limited was incorporated on 20 May 2005.
What is authorized share capital and paid-up capital of V S P Industries Private Limited?
The authorized share capital of V S P Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.94 Cr.
Who are the current board members & directors of V S P Industries Private Limited?
Currently 5 directors are associated with V S P Industries Private Limited.
- Sengodagounder Muthusamy
- Sengoda Gounder Palanisamy Valliyappa Gounder
- Muthusamy Ravichandran
- Palanisamy Duraiswamy
- Ravichandran Muralidharan
What is the registered address of V S P Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of V S P Industries Private Limited is 12/2 Kurangupudur Ist Street, Pallipalayam India, Erode, Tamil Nadu, 638006.
What is the corporate identification number (CIN) and company number of V S P Industries Private Limited?
The corporate identification number (CIN) of V S P Industries Private Limited is U17111TZ2005PTC011820 and the company number is 011820 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for V S P Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for V S P Industries Private Limited has risen by 5.28%.
How many employees does V S P Industries Private Limited currently have?
As Per 2023 financial reports, 554 employees are currently employed by V S P Industries Private Limited.
What change has been observed in the net worth of V S P Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of V S P Industries Private Limited has experienced an upsurge of 29.70%.
What are the total open charges for V S P Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for V S P Industries Private Limited amount to ₹ 36.00 Cr.
When was the last Balance Sheet of V S P Industries Private Limited filed with the ROC?
The most recent Balance Sheet for V S P Industries Private Limited was filed with the ROC on 31 Mar 2023.
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