Vasant Fabrics Pvt Ltd

Textile manufacturer offering dyeing, printing, and processing services for various fabrics and fibers.

1990 | Surat, Gujarat (India) | Active
Last Updated:

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 2024
  • 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 2024. 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.

Satyen Somani and Chirayu 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Vasant Fabrics?

Board Members (2)

NameDesignationAppointment DateStatus
Satyen Somani Country flag representing In Director 27-Nov-2002Current
Chirayu Somani Country flag representing In Director 09-Feb-2023Current

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%.

Vasant Fabrics revenue growth over time
Vasant Fabrics 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
42.03%
Revenue from Operations
42.15%
Total Assets
14.15%
Profit or Loss
13.79%
Net Worth
7.45%
EBITDA
53.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.73 Cr

Satisfied Charges

₹10.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.45 Cr
  • Sidbi : 7.28 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2024Sidbi₹7.28 CrOpen
02 Jan 2016Others₹2.43 CrOpen
25 Nov 2009Others₹7.02 CrOpen
29 Oct 2013The Sarvodaya Sahakari Bank Ltd₹1.23 CrSatisfied
25 Jan 2007Icici Bank Limited₹4.30 CrSatisfied

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.

Employee growth trends for Vasant Fabrics Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 Vasant Fabrics

Recent activity within the organization

  • Annual General Meeting

    Vasant Fabrics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vasant Fabrics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Sidbi amounted to Rs. 7.28 Cr with Charge ID 100887145 was registered on 18 Mar 2024.

  • Director Appointment

    Chirayu Satyen Somani was appointed as a Director was appointed as a Director on 09 Feb 2023 & has been associated with this company since 2 years 28 days .

  • Charges

    A charge with Others of Rs. 7.02 Cr registered on 25 Nov 2009 with Charge ID 10188274 was modified on 28 Oct 2021.

  • Charges

    A charge with Others of Rs. 2.43 Cr registered on 02 Jan 2016 with Charge ID 10618959 was modified on 05 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Vasant Fabrics Pvt Ltd?

    Vasant Fabrics Pvt Ltd was incorporated on 13 Aug 1990.

  • What is authorized share capital and paid-up capital of Vasant Fabrics Pvt Ltd?

    The authorized share capital of Vasant Fabrics Pvt Ltd is ₹ 1.02 Cr and paid-up capital is ₹ 7.91 M.

  • Who are the current board members & directors of Vasant Fabrics Pvt Ltd?

    Currently 2 directors are associated with Vasant Fabrics Pvt Ltd.

    • Satyen Somani
    • Chirayu Satyen Somani

  • What is the registered address of Vasant Fabrics Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vasant Fabrics Pvt Ltd is 146 Gidc Pandesaradist- India, Surat, Gujarat, 394221.

  • What is the corporate identification number (CIN) and company number of Vasant Fabrics Pvt Ltd?

    The corporate identification number (CIN) of Vasant Fabrics Pvt Ltd is U17110GJ1990PTC014192 and the company number is 014192 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vasant Fabrics Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vasant Fabrics Pvt Ltd has risen by 42.03%.

  • How many employees does Vasant Fabrics Pvt Ltd currently have?

    As Per 2023 financial reports, 97 employees are currently employed by Vasant Fabrics Pvt Ltd.

  • What change has been observed in the net worth of Vasant Fabrics Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vasant Fabrics Pvt Ltd has experienced an upsurge of 7.45%.

  • What are the total open charges for Vasant Fabrics Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Vasant Fabrics Pvt Ltd amount to ₹ 16.73 Cr.

  • When was the last Balance Sheet of Vasant Fabrics Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Vasant Fabrics Pvt Ltd was filed with the ROC on 31 Mar 2024.

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