Vanaik Spinning Mills Limited

Imports and trades yarn and fibers from Asia, primarily to group companies.

1980 | New Delhi (India) | Active
Last Updated:

Vanaik Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.36 M
  • Company Age 44 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 111.50 Cr
  • Revenue Growth -91.39%
  • Profit Growth -20.88%
  • Ebitda -141.65%
  • Net Worth 3.20%
  • Total Assets 1.64%

About Vanaik Spinning Mills

Vanaik Spinning Mills Limited (VSML) is a Public Limited Indian Non-Government Company incorporated in India on 16 December 1980 and has a history of 44 years and three months. Its registered office is in New Delhi, India.

The Company is engaged in the Home & Lifestyle 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 10.00 Cr and a paid-up capital of Rs 2.36 M.

The company has closed loans amounting to ₹111.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Navdeep Sharma, Sandeep Jain, Ruchika Oswal, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115DL1980PLC177084

  • Company No.

    177084

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

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

Board Members (4)

NameDesignationAppointment DateStatus
Navdeep Sharma Country flag representing In Director 13-Mar-2015Current
Sandeep Jain Country flag representing In Director 10-Nov-2009Current
Ruchika Oswal Country flag representing In Director 26-Aug-2019Current
Monica Oswal Country flag representing In Director 26-Aug-2019Current

Financial Performance of Vanaik Spinning Mills.

Vanaik Spinning Mills Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 91.39% decrease. The company also saw a substantial fall in profitability, with a 20.88% decrease in profit. The company's net worth moved up by a moderate rise of 3.2%.

Vanaik Spinning Mills revenue growth over time
Vanaik Spinning Mills 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
-91.39%
Revenue from Operations
Total Assets
1.64%
Profit or Loss
-20.88%
Net Worth
3.20%
EBITDA
-141.65%

What is the Ownership and Shareholding Structure of Vanaik Spinning Mills?

In 2018, Vanaik Spinning Mills 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

₹0

Satisfied Charges

₹111.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Patiala : 111.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2010State Bank Of Patiala₹75.00 CrSatisfied
27 Feb 2010State Bank Of Patiala₹10.00 CrSatisfied
25 Jul 2008State Bank Of Patiala₹24.50 CrSatisfied
16 Sep 2002State Bank Of Patiala₹2.00 CrSatisfied

How Many Employees Work at Vanaik Spinning Mills?

Vanaik Spinning Mills has a workforce of 1 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.

Employee growth trends for Vanaik Spinning Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vanaik 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 Vanaik Spinning Mills'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 Vanaik Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Vanaik Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vanaik Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Ruchika Oswal was appointed as a Director was appointed as a Director on 26 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Monica Oswal was appointed as a Director was appointed as a Director on 26 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Charges

    A charge registered on 27 Feb 2010 via Charge ID 10210460 with State Bank Of Patiala was fully satisfied on 20 Mar 2018.

  • Charges

    A charge registered on 27 Feb 2010 via Charge ID 10210461 with State Bank Of Patiala was fully satisfied on 24 Jul 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Vanaik Spinning Mills Limited?

    Vanaik Spinning Mills Limited was incorporated on 16 Dec 1980.

  • What is authorized share capital and paid-up capital of Vanaik Spinning Mills Limited?

    The authorized share capital of Vanaik Spinning Mills Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.36 M.

  • Who are the current board members & directors of Vanaik Spinning Mills Limited?

    Currently 4 directors are associated with Vanaik Spinning Mills Limited.

    • Navdeep Sharma
    • Sandeep Jain
    • Ruchika Oswal
    • Monica Oswal

  • What is the registered address of Vanaik Spinning Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vanaik Spinning Mills Limited is 105 Ashoka Estate 24, Barakhamba Road India, New Delhi, 110001.

  • What is the corporate identification number (CIN) and company number of Vanaik Spinning Mills Limited?

    The corporate identification number (CIN) of Vanaik Spinning Mills Limited is U17115DL1980PLC177084 and the company number is 177084 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vanaik Spinning Mills Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Vanaik Spinning Mills Limited has fallen by -91.39%.

  • How many employees does Vanaik Spinning Mills Limited currently have?

    As Per 2019 financial reports, 1 employees are currently employed by Vanaik Spinning Mills Limited.

  • What change has been observed in the net worth of Vanaik Spinning Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Vanaik Spinning Mills Limited has experienced an upsurge of 3.20%.

  • When was the last Balance Sheet of Vanaik Spinning Mills Limited filed with the ROC?

    The most recent Balance Sheet for Vanaik Spinning Mills Limited was filed with the ROC on 31 Mar 2024.

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