Vaibhavlaxmi Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 32.00 Cr
- Paid Up Capital ₹ 29.51 Cr
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 444.06 Cr
- Satisfied Charges ₹ 2.10 Cr
- Revenue Growth -8.34%
- Profit Growth -69.32%
- Ebitda -33.62%
- Net Worth 7.07%
- Total Assets 4.63%
About Vaibhavlaxmi Spinning Mills
Vaibhavlaxmi Spinning Mills Limited (VSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 September 2013 and has a history of 11 years and five months. Its registered office is in Mahesana, 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 2023. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 29.51 Cr.
The company currently has active open charges totaling ₹444.06 Cr. The company has closed loans amounting to ₹2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vaibhavlaxmi Spinning Mills Limited India are Ishan Soni as COMPANY SECRETARY and Meghanaben Patel as Cfo. Rameshbhai Patel, Ashishkumar Patel, Riteshbhai Patel, and Two other members serve as directors at the Company.
Company Details
- Location
Mahesana, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17200GJ2013PLC076761
- Company No.
076761
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Sep 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Vaibhavlaxmi Spinning Mills Limited offer?
Vaibhavlaxmi Spinning Mills Limited offers a wide range of products and services, including Sarees, Lehenga and Salwar Suits, Ethnic Saree, Ladies Suits, Fashion Salwar Kameez, Fancy Kurti, Designer Kurtis, Yarns & Threads, Cotton Yarn, Bhagalpuri Silk Saree.
Who are the key members and board of directors at Vaibhavlaxmi Spinning Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishan Soni  | Company Secretary | 26-Jun-2019 | Current |
| Meghanaben Patel | CFO | 26-Jun-2019 | Current |
| Niranjankumar Patel | Managing Director | 11-Sep-2013 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rameshbhai Patel | Director | 11-Sep-2013 | Current |
| Ashishkumar Patel | Director | 11-Sep-2013 | Current |
| Riteshbhai Patel | Director | 05-Jul-2023 | Current |
| Rushika Patel | Director | 05-Jul-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vaibhavlaxmi Spinning Mills?
In 2023, Vaibhavlaxmi Spinning Mills had a promoter holding of 88.07% and a public holding of 11.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vaibhavlaxmi Textiles LlpAshishkumar Patel and Niranjankumar Patel are mutual person
- Vaibhavlaxmi Exports Private Limited
Ashishkumar Patel and Niranjankumar Patel are mutual person
Vaibhavlaxmi Spintex LlpRameshbhai Patel, Ashishkumar Patel and 1 more are mutual person
- Sharvaay Textiles Private Limited
Rameshbhai Patel, Ashishkumar Patel and 1 more are mutual person
- P. I. Cotton Private Limited
Rameshbhai Patel, Ashishkumar Patel and 1 more are mutual person
- R. I. Cotton Private Limited
Rameshbhai Patel and Niranjankumar Patel are mutual person
Charges (Loans)
₹444.06 Cr
₹2.10 Cr
Charges Breakdown by Lending Institutions
- Others : 320.06 Cr
- Sbicap Trustee Company Limited : 124.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2024 | Sbicap Trustee Company Limited | ₹124.00 Cr | Open |
| 07 Apr 2017 | Others | ₹116.49 Cr | Open |
| 28 Mar 2017 | Others | ₹80.13 Cr | Open |
| 26 Sep 2014 | Others | ₹123.44 Cr | Open |
| 22 Jul 2020 | State Bank Of India | ₹1.10 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vaibhavlaxmi 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 Vaibhavlaxmi 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
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