Varsidhi Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.60 Cr
- Paid Up Capital ₹ 1.60 Cr
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.09 Cr
- Satisfied Charges ₹ 6.30 Cr
- Revenue Growth -15.49%
- Profit Growth 7.07%
- Ebitda 4.73%
- Net Worth 12.71%
- Total Assets 25.75%
About Varsidhi Textiles
Varsidhi Textiles Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 September 2007 and has a history of 17 years and four months. Its registered office is in Coimbatore, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.60 Cr.
The company currently has active open charges totaling ₹16.09 Cr. The company has closed loans amounting to ₹6.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Velusamy Jayabalan and Jayabalan Prasad serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, 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
U17111TZ2007PTC013949
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Company No.
013949
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Sep 2007
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Varsidhi Textiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Velusamy Jayabalan
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Director | 24-Sep-2007 | Current |
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Jayabalan Prasad
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Director | 24-Sep-2007 | Current |
Financial Performance of Varsidhi Textiles.
Varsidhi Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.49% decrease. The company also saw a slight improvement in profitability, with a 7.07% increase in profit. The company's net worth Soared by an impressive increase of 12.71%.
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What is the Ownership and Shareholding Structure of Varsidhi Textiles?
In 2022, Varsidhi Textiles 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)
₹16.09 Cr
₹6.30 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 14.98 Cr
- Sidbi : 0.86 Cr
- Hdfc Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2024 | Sidbi | ₹8.58 M | Open |
| 02 Mar 2023 | Hdfc Bank Limited | ₹2.50 M | Open |
| 20 Dec 2017 | City Union Bank Limited | ₹14.98 Cr | Open |
| 17 Mar 2010 | Tamilnad Mercantile Bank Ltd | ₹1.50 M | Satisfied |
| 21 Nov 2007 | Others | ₹6.15 Cr | Satisfied |
How Many Employees Work at Varsidhi Textiles?
Varsidhi Textiles has a workforce of 12 employees as of Apr 09, 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 Varsidhi 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 Varsidhi 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.
