Vardhman Nisshinbo Garments Company Profile
Key Indicators
- Authorised Capital ₹ 42.00 Cr
- Paid Up Capital ₹ 24.00 Cr
- Company Age 15 Year, 10 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 32.88 Cr
- Revenue Growth -37.89%
- Profit Growth -253.19%
- Ebitda -66.13%
- Net Worth -49.87%
- Total Assets -4.03%
About Vardhman Nisshinbo Garments Company
Vardhman Nisshinbo Garments Company Limited (VNGCL) is Amalgamated company established on 17 Apr 2009 with its office registered at Ludhiana, Punjab, India and has been running since 15 Year, 10 Months with a paid up capital of 24.00 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18100PB2009PLC032764
- Company No.
032764
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Apr 2009
- Date of AGM
30 Sep 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Fashion and Textile
What products or services does Vardhman Nisshinbo Garments Company Limited offer?
Vardhman Nisshinbo Garments Company Limited offers a wide range of products and services, including Yarns & Threads, Threads, Yarn, Cotton Yarn, Grey Cotton Yarn, Stitching Threads.
Who are the key members and board of directors at Vardhman Nisshinbo Garments Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Khullar | CFO | 01-Mar-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neeraj Jain  | Director | 16-Dec-2013 | Current |
| Suchita Jain | Director | 05-Oct-2020 | Current |
| Vikas Kumar | Director | 30-Apr-2018 | Current |
| Dinesh Sindwani | Whole-Time Director | 16-Mar-2021 | Current |
Financial Performance of Vardhman Nisshinbo Garments Company.
Vardhman Nisshinbo Garments Company Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 37.89% decrease. The company also saw a substantial fall in profitability, with a 253.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vardhman Nisshinbo Garments Company?
In 2021, Vardhman Nisshinbo Garments Company 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)
The Cotton Textiles Export Promotion CouncilNeeraj Jain is a mutual person
Oswal Castings Private LimitedNeeraj Jain is a mutual person
Mahavir Spinning Mills Private LimitedSuchita Jain is a mutual person
Sbg Mercantile Private LimitedDinesh Sindwani is a mutual person
Vardhman Special Steels LimitedSuchita Jain is a mutual person
Aarti Steels LimitedDinesh Sindwani is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹32.88 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 32.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2010 | State Bank Of India | ₹24.38 Cr | Satisfied |
| 29 Sep 2010 | State Bank Of India | ₹8.50 Cr | Satisfied |
How Many Employees Work at Vardhman Nisshinbo Garments Company?
Vardhman Nisshinbo Garments Company has a workforce of 984 employees as of Mar 23, 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 Vardhman Nisshinbo Garments Company, 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 Vardhman Nisshinbo Garments Company'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.
Latest Updates, News, and FAQs on Vardhman Nisshinbo Garments Company
Recent activity within the organization
- Charges
A charge registered on 29 Sep 2010 via Charge ID 10245436 with State Bank Of India was fully satisfied on 18 Feb 2022.
- Annual General Meeting
Vardhman Nisshinbo Garments Company Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.
- Balance Sheet
Vardhman Nisshinbo Garments Company Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
- Director Appointment
Dinesh Kumar Sindwani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Mar 2021 & has been associated with this company since 3 years 11 months .
- Director Appointment
Suchita Jain was appointed as a Director was appointed as a Director on 05 Oct 2020 & has been associated with this company since 4 years 4 months .
- Charges
A charge registered on 29 Sep 2010 via Charge ID 10245435 with State Bank Of India was fully satisfied on 02 Mar 2020.
Recent News, Updates & Announcement
JSW keen to push consolidation in value-added steel products.The steel company has bid for Asian Colour Coated Ispat, Vardhman Industries.
Frequently asked questions
What is the Incorporation or founding date of Vardhman Nisshinbo Garments Company Limited?
Vardhman Nisshinbo Garments Company Limited was incorporated on 17 Apr 2009.
What is authorized share capital and paid-up capital of Vardhman Nisshinbo Garments Company Limited?
The authorized share capital of Vardhman Nisshinbo Garments Company Limited is ₹ 42.00 Cr and paid-up capital is ₹ 24.00 Cr.
Who are the current board members & directors of Vardhman Nisshinbo Garments Company Limited?
Currently 5 directors are associated with Vardhman Nisshinbo Garments Company Limited.
- Neeraj Jain
- Suchita Jain
- Vikas Kumar
- Amit Khullar
- Dinesh Kumar Sindwani
What is the registered address of Vardhman Nisshinbo Garments Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Nisshinbo Garments Company Limited is Vardhman Premises Chandigarh Road India, Ludhiana, Punjab, 141010.
What is the corporate identification number (CIN) and company number of Vardhman Nisshinbo Garments Company Limited?
The corporate identification number (CIN) of Vardhman Nisshinbo Garments Company Limited is U18100PB2009PLC032764 and the company number is 032764 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vardhman Nisshinbo Garments Company Limited?
The Official website of Vardhman Nisshinbo Garments Company Limited is https://www.vardhman.com
What has been the recent revenue trend for Vardhman Nisshinbo Garments Company Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Vardhman Nisshinbo Garments Company Limited has fallen by -37.89%.
How many employees does Vardhman Nisshinbo Garments Company Limited currently have?
As Per 2021 financial reports, 984 employees are currently employed by Vardhman Nisshinbo Garments Company Limited.
What change has been observed in the net worth of Vardhman Nisshinbo Garments Company Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Vardhman Nisshinbo Garments Company Limited has experienced an downturn of -49.87%.
When was the last Balance Sheet of Vardhman Nisshinbo Garments Company Limited filed with the ROC?
The most recent Balance Sheet for Vardhman Nisshinbo Garments Company Limited was filed with the ROC on 31 Mar 2021.
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