Vardhman Silk Mills Private Limited

Manufacturer and trader of fabrics, specializing in embroidery and printed sarees and dress materials.

1985 | Surat, Gujarat (India) | Active
Last Updated:

Vardhman Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.87 M
  • Company Age 39 Year, 4 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 four 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

Manufacturing
Company report

Vardhman Silk Mills Private Limited

Explore comprehensive data for Vardhman Silk Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vardhman Silk Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Nilesh Rathod Country flag representing In Director 03-Jun-2005Current
Nirav Rathod Country flag representing In Director 11-Jul-2014Current

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%.

Vardhman Silk Mills revenue growth over time
Vardhman Silk 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
54.91%
Revenue from Operations
51.81%
Total Assets
37.44%
Profit or Loss
167.59%
Net Worth
9.19%
EBITDA
25.06%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹259.62 M

Satisfied Charges

₹119.45 M

Charges Breakdown by Lending Institutions

  • Ing Vysya Bank Limited : 24.46 Cr
  • Others : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2013Ing Vysya Bank Limited₹24.46 CrOpen
30 Nov 2012Others₹1.50 CrOpen
16 Oct 2010Development Credit Bank Limited₹1.32 CrSatisfied
16 Oct 2010Development Credit Bank Limited₹1.32 CrSatisfied
30 Dec 2006Bank Of Baroda₹6.50 MSatisfied

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.

Employee growth trends for Vardhman Silk Mills Private Limited

Deals i

Graph showing company valuation over time

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

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 Silk Mills

Recent activity within the organization

  • Annual General Meeting

    Vardhman Silk Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vardhman Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 15.00 M registered on 30 Nov 2012 with Charge ID 10390396 was modified on 09 Dec 2019.

  • Director Appointment

    Nirav Fulchand Rathod was appointed as a Director was appointed as a Director on 11 Jul 2014 & has been associated with this company since 10 years 9 months .

  • Charges

    A charge registered on 09 Nov 2006 via Charge ID 10030152 with Lakshmi Vilas Bank Limited was fully satisfied on 28 Feb 2013.

  • Charges

    A charge with Ing Vysya Bank Limited amounted to Rs. 244.62 M with Charge ID 10401822 was registered on 30 Jan 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Vardhman Silk Mills Private Limited?

    Vardhman Silk Mills Private Limited was incorporated on 11 Dec 1985.

  • What is authorized share capital and paid-up capital of Vardhman Silk Mills Private Limited?

    The authorized share capital of Vardhman Silk Mills Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.87 M.

  • Who are the current board members & directors of Vardhman Silk Mills Private Limited?

    Currently 2 directors are associated with Vardhman Silk Mills Private Limited.

    • Nilesh Fulchand Rathod
    • Nirav Fulchand Rathod

  • What is the registered address of Vardhman Silk Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Silk Mills Private Limited is M - 1001 New T. T. Tower B/H. Textile Tower Ring Road, Surat, Gujarat, India, 395002.

  • What is the corporate identification number (CIN) and company number of Vardhman Silk Mills Private Limited?

    The corporate identification number (CIN) of Vardhman Silk Mills Private Limited is U17116GJ1985PTC008319 and the company number is 008319 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vardhman Silk Mills Private Limited?

    The Official website of Vardhman Silk Mills Private Limited is https://www.vardhmanfabrics.com

  • What has been the recent revenue trend for Vardhman Silk Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Silk Mills Private Limited has risen by 54.91%.

  • What change has been observed in the net worth of Vardhman Silk Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Silk Mills Private Limited has experienced an upsurge of 9.19%.

  • What are the total open charges for Vardhman Silk Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Silk Mills Private Limited amount to ₹ 25.96 Cr.

  • When was the last Balance Sheet of Vardhman Silk Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Vardhman Silk Mills Private Limited was filed with the ROC on 31 Mar 2023.

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