Vardhman Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.87 M
- Company Age 39 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.96 Cr
- Satisfied Charges ₹ 11.95 Cr
- Revenue Growth 54.91%
- Profit Growth 167.59%
- Ebitda 25.06%
- Net Worth 9.19%
- Total Assets 37.44%
About Vardhman Silk Mills
Vardhman Silk Mills Private Limited (VSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 1985 and has a history of 39 years and two months. Its registered office is in Surat, Gujarat, 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 3.00 M and a paid-up capital of Rs 2.87 M.
The company currently has active open charges totaling ₹25.96 Cr. The company has closed loans amounting to ₹11.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nilesh Rathod and Nirav Rathod serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17116GJ1985PTC008319
- Company No.
008319
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Dec 1985
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Vardhman Silk Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nilesh Rathod  | Director | 03-Jun-2005 | Current |
| Nirav Rathod | Director | 11-Jul-2014 | Current |
Financial Performance of Vardhman Silk Mills.
Vardhman Silk Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.91% increase. The company also saw a substantial improvement in profitability, with a 167.59% increase in profit. The company's net worth moved up by a moderate rise of 9.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vardhman Silk Mills?
In 2023, Vardhman Silk 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.
Charges (Loans)
₹259.62 M
₹119.45 M
Charges Breakdown by Lending Institutions
- Ing Vysya Bank Limited : 24.46 Cr
- Others : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2013 | Ing Vysya Bank Limited | ₹24.46 Cr | Open |
| 30 Nov 2012 | Others | ₹1.50 Cr | Open |
| 16 Oct 2010 | Development Credit Bank Limited | ₹1.32 Cr | Satisfied |
| 16 Oct 2010 | Development Credit Bank Limited | ₹1.32 Cr | Satisfied |
| 30 Dec 2006 | Bank Of Baroda | ₹6.50 M | Satisfied |
How Many Employees Work at Vardhman Silk Mills?
Unlock and access historical data on people associated with Vardhman Silk Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vardhman 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 Vardhman 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.
