Vasavi Textiles (India) Private Limited

Wholesale and retail of clothing items, specializing in silk sarees.

2012 | Dharwad, Karnataka (India) | Active
Last Updated: December 15, 2024

Vasavi Textiles (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.27 M
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 3.50 M
  • Revenue Growth -28.47%
  • Profit Growth 42.76%
  • Ebitda 14.52%
  • Net Worth -27.35%
  • Total Assets -18.39%

About Vasavi Textiles (India)

Vasavi Textiles (India) Private Limited (VTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 June 2012 and has a history of 12 years and eight months. Its registered office is in Dharwad, Karnataka, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.27 M.

The company currently has active open charges totaling ₹3.50 M.

Raghavendra Udagani and Janhavi Udagani serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120KA2012PTC064238

  • Company No.

    064238

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2012

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

Who are the key members and board of directors at Vasavi Textiles (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Raghavendra Udagani Country flag representing In Managing Director04-Jun-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Janhavi Udagani Country flag representing In Director 17-Nov-2014Current

Financial Performance of Vasavi Textiles (India).

Vasavi Textiles (India) Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 28.47% decrease. The company also saw a substantial improvement in profitability, with a 42.76% increase in profit. The company's net worth observed a substantial decline by a decrease of 27.35%.

Graph illustrating revenue growth over time
Graph showing 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
-28.47%
Revenue from Operations
-28.20%
Total Assets
-18.39%
Profit or Loss
42.76%
Net Worth
-27.35%
EBITDA
14.52%

What is the Ownership and Shareholding Structure of Vasavi Textiles (India)?

In 2019, Vasavi Textiles (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.35 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2013The Karur Vysya Bank Ltd₹3.50 MOpen

How Many Employees Work at Vasavi Textiles (India)?

Unlock and access historical data on people associated with Vasavi Textiles (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vasavi Textiles (India), 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 Textiles (India)'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 Vasavi Textiles (India)

Recent activity within the organization

  • Annual General Meeting

    Vasavi Textiles (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Vasavi Textiles (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Director Appointment

    Janhavi Raghavendra Udagani was appointed as a Director was appointed as a Director on 17 Nov 2014 & has been associated with this company since 10 years 3 months .

    17 Nov 2014

  • Charges

    A charge with The Karur Vysya Bank Ltd amounted to Rs. 0.35 Cr with Charge ID 10473219 was registered on 27 Dec 2013.

    27 Dec 2013

  • Director Appointment

    Raghavendra Subhas Udagani was appointed as a Managing Director was appointed as a Managing Director on 04 Jun 2012 & has been associated with this company since 12 years 8 months .

    04 Jun 2012

  • Company Incorporation

    Vasavi Textiles (India) Private Limited was registered on 04 Jun 2012 with Roc Bangalore & aged 12 years 8 months as per MCA records.

    04 Jun 2012

Frequently asked questions

  • What is the Incorporation or founding date of Vasavi Textiles (India) Private Limited?

    Vasavi Textiles (India) Private Limited was incorporated on 04 Jun 2012.

  • What is authorized share capital and paid-up capital of Vasavi Textiles (India) Private Limited?

    The authorized share capital of Vasavi Textiles (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.27 M.

  • Who are the current board members & directors of Vasavi Textiles (India) Private Limited?

    Currently 2 directors are associated with Vasavi Textiles (India) Private Limited.

    • Raghavendra Subhas Udagani
    • Janhavi Raghavendra Udagani
  • What is the registered address of Vasavi Textiles (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vasavi Textiles (India) Private Limited is 7 8 9 1St Floor Eureka Corner, Koppikar Road. India, Hubli, Karnataka, 580020.

  • What is the corporate identification number (CIN) and company number of Vasavi Textiles (India) Private Limited?

    The corporate identification number (CIN) of Vasavi Textiles (India) Private Limited is U17120KA2012PTC064238 and the company number is 064238 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vasavi Textiles (India) Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Vasavi Textiles (India) Private Limited has fallen by -28.47%.

  • What change has been observed in the net worth of Vasavi Textiles (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Vasavi Textiles (India) Private Limited has experienced an downturn of -27.35%.

  • What are the total open charges for Vasavi Textiles (India) Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Vasavi Textiles (India) Private Limited amount to ₹ 3.50 M.

  • When was the last Balance Sheet of Vasavi Textiles (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Vasavi Textiles (India) Private Limited was filed with the ROC on 31 Mar 2019.

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