Varnita Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.79 M
- Company Age 13 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.38 Cr
- Satisfied Charges ₹ 6.76 Cr
- Revenue Growth 0.72%
- Profit Growth 4.20%
- Ebitda -13.95%
- Net Worth 11.37%
- Total Assets -4.04%
About Varnita Textiles
Varnita Textiles Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 2011 and has a history of 13 years and one month. 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 1.00 Cr and a paid-up capital of Rs 7.79 M.
The company currently has active open charges totaling ₹6.38 Cr. The company has closed loans amounting to ₹6.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Snehakar Bansal and Parimal Bansal serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, 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
U17100GJ2011PTC126426
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Company No.
027262
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Dec 2011
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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 Ahmedabad
Industry
What products or services does Varnita Textiles Private Limited offer?
Varnita Textiles Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn, Face Mask & Medical PPE Kits, Face Mask, Personal Protective Equipment, Polyester Cotton Yarn, Natural Fiber Yarns, Grey Cotton Yarn, Polyester Yarn, Polyester Spun Yarn.
Who are the key members and board of directors at Varnita Textiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Snehakar Bansal
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Director | 09-Dec-2011 | Current |
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Parimal Bansal
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Director | 09-Dec-2011 | Current |
Financial Performance of Varnita Textiles.
Varnita Textiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.72% increase. The company also saw a slight improvement in profitability, with a 4.2% increase in profit. The company's net worth Soared by an impressive increase of 11.37%.
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What is the Ownership and Shareholding Structure of Varnita Textiles?
In 2023, Varnita Textiles had a promoter holding of 48.40% and a public holding of 51.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹6.38 Cr
₹6.76 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.18 Cr
- State Bank Of India : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2022 | Hdfc Bank Limited | ₹0.70 M | Open |
| 18 Nov 2019 | Hdfc Bank Limited | ₹6.11 Cr | Open |
| 10 Nov 2017 | State Bank Of India | ₹2.00 M | Open |
| 07 Mar 2015 | State Bank Of India | ₹1.30 M | Satisfied |
| 23 Mar 2012 | State Bank Of India | ₹6.63 Cr | Satisfied |
How Many Employees Work at Varnita Textiles?
Unlock and access historical data on people associated with Varnita Textiles, 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 Varnita Textiles, 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 Varnita Textiles'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.