Vasavi Silks Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 4.91 Cr
as on 16-11-2024
- Company Age 4 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29.93 Cr
as on 16-11-2024
- Revenue 31.29%
(FY 2023)
- Profit 17.76%
(FY 2023)
- Ebitda -19.19%
(FY 2023)
- Net Worth 17.38%
(FY 2023)
- Total Assets 27.97%
(FY 2023)
About Vasavi Silks
The Company is engaged in the E-Commerce 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 5.00 Cr and a paid-up capital of Rs 4.91 Cr.
The company currently has active open charges totaling ₹29.93 Cr.
Seshagirirao Majety and Suresh Majety serve as directors at the Company.
- CIN/LLPIN
U18101AP2020PTC115673
- Company No.
115673
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Sep 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Godavari, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Vasavi Silks?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Majety  | Managing Director | 09-Sep-2020 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Seshagirirao Majety | Whole-Time Director | 09-Sep-2020 | Current |
Financial Performance of Vasavi Silks.
Vasavi Silks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.29% increase. The company also saw a substantial improvement in profitability, with a 17.76% increase in profit. The company's net worth Soared by an impressive increase of 17.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vasavi Silks?
In 2023, Vasavi Silks had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Jul 2024 | ₹2.00 Cr | Open |
Hdfc Bank Limited Creation Date: 11 Jan 2022 | ₹3.56 M | Open |
Hdfc Bank Limited Creation Date: 07 Nov 2020 | ₹27.58 Cr | Open |
How Many Employees Work at Vasavi Silks?
Vasavi Silks has a workforce of 312 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 Vasavi Silks, 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 Vasavi Silks'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.
