Vasant Fabrics Profile
Key Indicators
- Authorised Capital ₹ 1.02 Cr
- Paid Up Capital ₹ 7.91 M
- Company Age 34 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.73 Cr
- Satisfied Charges ₹ 10.83 Cr
- Revenue Growth 42.03%
- Profit Growth 13.79%
- Ebitda 53.01%
- Net Worth 7.45%
- Total Assets 14.15%
About Vasant Fabrics
Vasant Fabrics Pvt Ltd (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 August 1990 and has a history of 34 years and six 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 1.02 Cr and a paid-up capital of Rs 7.91 M.
The company currently has active open charges totaling ₹16.73 Cr. The company has closed loans amounting to ₹10.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chirayu Somani and Satyen Somani 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
U17110GJ1990PTC014192
- Company No.
014192
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Aug 1990
- Date of AGM
30 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 Vasant Fabrics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chirayu Somani  | Director | 09-Feb-2023 | Current |
| Satyen Somani | Director | 27-Nov-2002 | Current |
Financial Performance of Vasant Fabrics.
Vasant Fabrics Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 42.03% increase. The company also saw a substantial improvement in profitability, with a 13.79% increase in profit. The company's net worth moved up by a moderate rise of 7.45%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Vasant Fabrics?
In 2023, Vasant Fabrics had a promoter holding of 55.87% and a public holding of 44.13%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹16.73 Cr
₹10.83 Cr
Charges Breakdown by Lending Institutions
- Others : 9.45 Cr
- Sidbi : 7.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2024 | Sidbi | ₹7.28 Cr | Open |
| 02 Jan 2016 | Others | ₹2.43 Cr | Open |
| 25 Nov 2009 | Others | ₹7.02 Cr | Open |
| 29 Oct 2013 | The Sarvodaya Sahakari Bank Ltd | ₹1.23 Cr | Satisfied |
| 25 Jan 2007 | Icici Bank Limited | ₹4.30 Cr | Satisfied |
How Many Employees Work at Vasant Fabrics?
Vasant Fabrics has a workforce of 97 employees as of Apr 05, 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 Vasant Fabrics, 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 Vasant Fabrics'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.
