Vardhman Nisshinbo Garments Company Limited

Leading garment manufacturer with high production capacity and international compliance certifications.

2009 | Ludhiana, Punjab (India) | Merged
Last Updated: January 16, 2025

Vardhman Nisshinbo Garments Company Profile

Key Indicators

  • Authorised Capital ₹ 42.00 Cr
  • Paid Up Capital ₹ 24.00 Cr
  • Company Age 15 Year, 9 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, 9 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 Country flag representing In Director 16-Dec-2013 Current
Suchita Jain Country flag representing In Director 05-Oct-2020 Current
Vikas Kumar Country flag representing In Director 30-Apr-2018 Current
Dinesh Sindwani Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
-37.89%
Revenue from Operations
-38.02%
Total Assets
-4.03%
Profit or Loss
-253.19%
Net Worth
-49.87%
EBITDA
-66.13%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    30 Sep 2021

  • Balance Sheet

    Vardhman Nisshinbo Garments Company Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • 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 10 months .

    16 Mar 2021

  • 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 3 months .

    05 Oct 2020

  • Charges

    A charge registered on 29 Sep 2010 via Charge ID 10245435 with State Bank Of India was fully satisfied on 02 Mar 2020.

    02 Mar 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Vardhman Nisshinbo Garments Company Limited was incorporated on 17 Apr 2009.

  • The authorized share capital of Vardhman Nisshinbo Garments Company Limited is ₹ 42.00 Cr and paid-up capital is ₹ 24.00 Cr.

  • Currently 5 directors are associated with Vardhman Nisshinbo Garments Company Limited.

    • Neeraj Jain
    • Suchita Jain
    • Vikas Kumar
    • Amit Khullar
    • Dinesh Kumar Sindwani
  • 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.

  • 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).

  • The Official website of Vardhman Nisshinbo Garments Company Limited is https://www.vardhman.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vardhman Nisshinbo Garments Company Limited has fallen by -37.89%.

  • As Per 2021 financial reports, 984 employees are currently employed by Vardhman Nisshinbo Garments Company Limited.

  • 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%.

  • The most recent Balance Sheet for Vardhman Nisshinbo Garments Company Limited was filed with the ROC on 31 Mar 2021.

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