Vaishali Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.00 M
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 11.06 Cr
- Satisfied Charges ₹ 17.58 Cr
- Revenue Growth -49.65%
- Profit Growth -55.10%
- Ebitda -13.85%
- Net Worth 11.41%
- Total Assets 6.24%
About Vaishali Silk Mills
Vaishali Silk Mills Private Limited (VSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 1989 and has a history of 35 years and four months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Associated Synthfab 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.00 M.
The company currently has active open charges totaling ₹11.06 Cr. The company has closed loans amounting to ₹17.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Narang and Madansingh Narang serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17119GJ1989PTC012737
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Company No.
012737
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Sep 1989
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Date of AGM
30 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Vaishali Silk Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Narang
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Whole-Time Director | 22-Mar-1995 | Current |
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Madansingh Narang
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Whole-Time Director | 22-Mar-1995 | Current |
Financial Performance of Vaishali Silk Mills.
Vaishali Silk Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 49.65% decrease. The company also saw a substantial fall in profitability, with a 55.1% decrease in profit. The company's net worth Soared by an impressive increase of 11.41%.
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What is the Ownership and Shareholding Structure of Vaishali Silk Mills?
In 2021, Vaishali Silk Mills had a promoter holding of 32.89% and a public holding of 67.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vaishali Fabrics Private LimitedAshok Narang is a mutual person
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Vaishali Creations Private Limited
Madansingh Narang is a mutual person
Charges (Loans)
₹11.06 Cr
₹17.58 Cr
Charges Breakdown by Lending Institutions
- Others : 11.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2021 | Others | ₹4.00 M | Open |
| 26 Sep 2013 | Others | ₹5.70 Cr | Open |
| 31 Jul 2013 | Others | ₹4.96 Cr | Open |
| 09 May 2018 | Others | ₹6.39 Cr | Satisfied |
| 20 Dec 2017 | Others | ₹6.39 Cr | Satisfied |
How Many Employees Work at Vaishali Silk Mills?
Vaishali Silk Mills has a workforce of 42 employees as of Apr 06, 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 Vaishali Silk 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 Vaishali Silk 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.