Vaibhavlaxmi Spinning Mills Limited logo

Vaibhavlaxmi Spinning Mills Limited

Manufacturer of cotton yarn with 27,500 MTPA capacity in Gujarat, founded by Patel family.
2013 | Mahesana, Gujarat (India) | Active

Last Updated:

November 15, 2024
HomeCompanyVaibhavlaxmi Spinning Mills Limited

Who are the key members and board of directors at Vaibhavlaxmi Spinning Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Ishan Soni InCompany Secretary26-Jun-2019Current
Meghanaben Patel InCFO26-Jun-2019Current
Niranjankumar Patel InManaging Director11-Sep-2013Current

Board Members(4)

NameDesignationAppointment DateStatus
Rameshbhai Patel In Director 11-Sep-2013Current
Ashishkumar Patel In Director 11-Sep-2013Current
Riteshbhai Patel In Director 05-Jul-2023Current
Rushika Patel In Director 05-Jul-2023Current

Financial Performance and Corporate Structure Insights of Vaibhavlaxmi Spinning Mills.

Vaibhavlaxmi Spinning Mills Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.34% decrease. The company also saw a substantial fall in profitability, with a 69.32% decrease in profit. The company's net worth moved up by a moderate rise of 7.07%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.34%
Revenue from Operations
-8.21%
Total Assets
4.63%
Profit or Loss
-69.32%
Net Worth
7.07%
EBITDA
-33.62%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹444.06 Cr

₹2.10 Cr

LenderAmountStatus

Sbicap Trustee Company Limited

Creation Date: 14 Jun 2024
₹124.00 CrOpen

Others

Creation Date: 07 Apr 2017
₹116.49 CrOpen

Others

Creation Date: 28 Mar 2017
₹80.13 CrOpen

How Many Employees Work at Vaibhavlaxmi Spinning Mills?

Vaibhavlaxmi Spinning Mills has a workforce of 45 employees as of Mar 22, 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 Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Vaibhavlaxmi Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 116.49 Cr registered on 07 Apr 2017 with Charge ID 100094348 was modified on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 124.00 Cr with Charge ID 100944387 was registered on 14 Jun 2024.

    14 Jun 2024

  • Annual General Meeting

    Vaibhavlaxmi Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 22 Jul 2020 via Charge ID 100362059 with State Bank Of India was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 08 Feb 2018 via Charge ID 100158325 with State Bank Of India was fully satisfied on 11 Aug 2023.

    11 Aug 2023

  • Director Appointment

    Riteshbhai Jayantilal Patel was appointed as a Director was appointed as a Director on 05 Jul 2023 & has been associated with this company since 1 year 5 months .

    05 Jul 2023

Frequently asked questions

  • Vaibhavlaxmi Spinning Mills Limited was incorporated on 11 Sep 2013.

  • The authorized share capital of Vaibhavlaxmi Spinning Mills Limited is ₹ 32.00 Cr and paid-up capital is ₹ 29.51 Cr.

  • Currently 7 directors are associated with Vaibhavlaxmi Spinning Mills Limited.

    • Rameshbhai Ishwardas Patel
    • Ashishkumar Rameshbhai Patel
    • Riteshbhai Jayantilal Patel
    • Ishan Ashwin Soni
    • Meghanaben Naranjankumar Patel
    • Rushika Hareshbhai Patel
    • Niranjankumar Rameshbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaibhavlaxmi Spinning Mills Limited is Kalyanpura Road At: Nani Kadi, Tal: India, Mehsana, Gujarat, 382715.

  • The corporate identification number (CIN) of Vaibhavlaxmi Spinning Mills Limited is U17200GJ2013PLC076761 and the company number is 076761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vaibhavlaxmi Spinning Mills Limited is https://www.vaibhavlaxmi.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vaibhavlaxmi Spinning Mills Limited has fallen by -8.34%.

  • As Per 2023 financial reports, 45 employees are currently employed by Vaibhavlaxmi Spinning Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vaibhavlaxmi Spinning Mills Limited has experienced an upsurge of 7.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vaibhavlaxmi Spinning Mills Limited amount to ₹ 444.06 Cr.

  • The most recent Balance Sheet for Vaibhavlaxmi Spinning Mills Limited was filed with the ROC on 31 Mar 2023.

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