Varda Spinning & Weaving Mills Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.76 Cr
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.87 Cr
- Revenue Growth -16.85%
- Profit Growth 16.92%
- Ebitda 79.64%
- Net Worth -3.53%
- Total Assets -18.49%
About Varda Spinning & Weaving Mills
Varda Spinning & Weaving Mills Private Limited (VSWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2010 and has a history of 14 years and ten months. Its registered office is in Ludhiana, Punjab, 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 5.00 Cr and a paid-up capital of Rs 3.76 Cr.
The company currently has active open charges totaling ₹21.87 Cr.
Pankaj Singhania and Ashrafi serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, 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
U18109PB2010PTC033695
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Company No.
033695
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Mar 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Varda Spinning & Weaving Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Singhania
|
Director | 27-Sep-2013 | Current |
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Ashrafi
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Director | 19-Jan-2017 | Current |
Financial Performance of Varda Spinning & Weaving Mills.
Varda Spinning & Weaving Mills Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 16.85% decrease. The company also saw a substantial improvement in profitability, with a 16.92% increase in profit. The company's net worth dipped by a decrease of 3.53%.
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What is the Ownership and Shareholding Structure of Varda Spinning & Weaving Mills?
In 2017, Varda Spinning & Weaving 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.
Related Corporates (Common Directorship)
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Dealplus Yarns Trading Private LimitedPankaj Singhania is a mutual person
Charges (Loans)
₹21.87 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of Bikaner And Jaipur : 21.57 Cr
- State Bank Of Bikaner & Jaipur : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2011 | State Bank Of Bikaner & Jaipur | ₹3.00 M | Open |
| 09 Jun 2010 | State Bank Of Bikaner And Jaipur | ₹21.57 Cr | Open |
How Many Employees Work at Varda Spinning & Weaving Mills?
Varda Spinning & Weaving Mills has a workforce of 7 employees as of Mar 27, 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 Varda Spinning & Weaving 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 Varda Spinning & Weaving 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.
