Vaibhav Ginning And Spinning Mill Private Limited

Cotton ginning and spinning with 26,112 spindles in Gujarat.

2010 | Rajkot, Gujarat (India) | Active
Last Updated:

Vaibhav Ginning And Spinning Mill Profile

Key Indicators

  • Authorised Capital ₹ 26.10 Cr
  • Paid Up Capital ₹ 26.01 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 148.30 Cr
  • Satisfied Charges ₹ 108.78 Cr
  • Revenue Growth -32.37%
  • Profit Growth -30.64%
  • Ebitda -14.41%
  • Net Worth 1.13%
  • Total Assets -7.39%

About Vaibhav Ginning And Spinning Mill

Vaibhav Ginning And Spinning Mill Private Limited (VGASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2010 and has a history of 14 years and six months. Its registered office is in Rajkot, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 26.10 Cr and a paid-up capital of Rs 26.01 Cr.

The company currently has active open charges totaling ₹148.30 Cr. The company has closed loans amounting to ₹108.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalit Radadiya and Nirav Radadiya serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2010PTC062364

  • Company No.

    062364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Vaibhav Ginning And Spinning Mill?

Board Members (2)

NameDesignationAppointment DateStatus
Lalit Radadiya Country flag representing In Director 20-Sep-2010Current
Nirav Radadiya Country flag representing In Director 14-Aug-2014Current

Financial Performance of Vaibhav Ginning And Spinning Mill.

Vaibhav Ginning And Spinning Mill Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.37% decrease. The company also saw a substantial fall in profitability, with a 30.64% decrease in profit. The company's net worth moved up by a moderate rise of 1.13%.

Vaibhav Ginning And Spinning Mill revenue growth over time
Vaibhav Ginning And Spinning Mill 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
-32.37%
Revenue from Operations
-32.55%
Total Assets
-7.39%
Profit or Loss
-30.64%
Net Worth
1.13%
EBITDA
-14.41%

What is the Ownership and Shareholding Structure of Vaibhav Ginning And Spinning Mill?

In 2023, Vaibhav Ginning And Spinning Mill 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

₹148.30 Cr

Satisfied Charges

₹108.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 148.30 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2014State Bank Of India₹74.15 CrOpen
27 Mar 2014State Bank Of India₹74.15 CrOpen
17 Dec 2013State Bank Of India₹15.28 CrSatisfied
19 Jan 2011State Bank Of India₹46.75 CrSatisfied
24 Dec 2010State Bank Of India₹46.75 CrSatisfied

How Many Employees Work at Vaibhav Ginning And Spinning Mill?

Vaibhav Ginning And Spinning Mill has a workforce of 33 employees as of Apr 04, 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.

Employee growth trends for Vaibhav Ginning And Spinning Mill Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vaibhav Ginning And Spinning Mill, 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 Vaibhav Ginning And Spinning Mill'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 Vaibhav Ginning And Spinning Mill

Recent activity within the organization

  • Annual General Meeting

    Vaibhav Ginning And Spinning Mill Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 74.15 Cr registered on 27 Mar 2014 with Charge ID 10487150 was modified on 04 Apr 2024.

  • Balance Sheet

    Vaibhav Ginning And Spinning Mill Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with State Bank Of India of Rs. 74.15 Cr registered on 27 Mar 2014 with Charge ID 10487161 was modified on 04 Mar 2023.

  • Director Appointment

    Nirav Gopalbhai Radadiya was appointed as a Director was appointed as a Director on 14 Aug 2014 & has been associated with this company since 10 years 7 months .

  • Charges

    A charge registered on 17 Dec 2013 via Charge ID 10470036 with State Bank Of India was fully satisfied on 28 Mar 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Vaibhav Ginning And Spinning Mill Private Limited?

    Vaibhav Ginning And Spinning Mill Private Limited was incorporated on 20 Sep 2010.

  • What is authorized share capital and paid-up capital of Vaibhav Ginning And Spinning Mill Private Limited?

    The authorized share capital of Vaibhav Ginning And Spinning Mill Private Limited is ₹ 26.10 Cr and paid-up capital is ₹ 26.01 Cr.

  • Who are the current board members & directors of Vaibhav Ginning And Spinning Mill Private Limited?

    Currently 2 directors are associated with Vaibhav Ginning And Spinning Mill Private Limited.

    • Lalit Vithalbhai Radadiya
    • Nirav Gopalbhai Radadiya

  • What is the registered address of Vaibhav Ginning And Spinning Mill Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vaibhav Ginning And Spinning Mill Private Limited is S.No. 51 Paikee 2 3 At Gondal Rajkot N.H Opp: Jalaram Gininning Factory, Tal: Gon Dal India, Biliyada, Gujarat, 360311.

  • What is the corporate identification number (CIN) and company number of Vaibhav Ginning And Spinning Mill Private Limited?

    The corporate identification number (CIN) of Vaibhav Ginning And Spinning Mill Private Limited is U17120GJ2010PTC062364 and the company number is 062364 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vaibhav Ginning And Spinning Mill Private Limited?

    The Official website of Vaibhav Ginning And Spinning Mill Private Limited is https://www.vgsmpl.com

  • What has been the recent revenue trend for Vaibhav Ginning And Spinning Mill Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vaibhav Ginning And Spinning Mill Private Limited has fallen by -32.37%.

  • How many employees does Vaibhav Ginning And Spinning Mill Private Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Vaibhav Ginning And Spinning Mill Private Limited.

  • What change has been observed in the net worth of Vaibhav Ginning And Spinning Mill Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vaibhav Ginning And Spinning Mill Private Limited has experienced an upsurge of 1.13%.

  • What are the total open charges for Vaibhav Ginning And Spinning Mill Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vaibhav Ginning And Spinning Mill Private Limited amount to ₹ 148.30 Cr.

  • When was the last Balance Sheet of Vaibhav Ginning And Spinning Mill Private Limited filed with the ROC?

    The most recent Balance Sheet for Vaibhav Ginning And Spinning Mill Private Limited was filed with the ROC on 31 Mar 2024.

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