Vashu Yarn Mills India Private Limited

Manufacturer of cotton yarn with a facility in Tamil Nadu, established in 2003.

2003 | Erode District, Tamil Nadu (India) | Active
Last Updated:

Vashu Yarn Mills India Profile

Key Indicators

  • Authorised Capital ₹ 9.60 Cr
  • Paid Up Capital ₹ 9.60 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.39 Cr
  • Satisfied Charges ₹ 8.10 Cr
  • Revenue Growth -28.61%
  • Profit Growth -79.33%
  • Ebitda -20.67%
  • Net Worth 1.79%
  • Total Assets 11.96%

About Vashu Yarn Mills India

Vashu Yarn Mills India Private Limited (VYMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 2003 and has a history of 21 years and 11 months. Its registered office is in Erode District, Tamil Nadu, India.

The Corporate was formerly known as Vasu Yarn Mills India Private Limited. The Company is engaged in the Environment 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 9.60 Cr and a paid-up capital of Rs 9.60 Cr.

The company currently has active open charges totaling ₹48.39 Cr. The company has closed loans amounting to ₹8.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anandkumar Jaganathan, Mahesh Arunachalam, Kavandampalayam Vasudevan, and One other member serve as directors at the Company.

Company Details

  • Location

    Erode District, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2003PTC010568

  • Company No.

    010568

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing
Company report

Vashu Yarn Mills India Private Limited

Explore comprehensive data for Vashu Yarn Mills India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vashu Yarn Mills India?

Executive Team (1)

NameDesignationAppointment DateStatus
Kavandampalayam Vasudevan Country flag representing In Managing Director29-Apr-2003Current

Board Members (3)

NameDesignationAppointment DateStatus
Anandkumar Jaganathan Country flag representing In Director 16-Jun-2021Current
Mahesh Arunachalam Country flag representing In Director 29-Apr-2003Current
Vasudevan Gomathi Country flag representing In Director 29-Apr-2003Current

Financial Performance of Vashu Yarn Mills India.

Vashu Yarn Mills India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.61% decrease. The company also saw a substantial fall in profitability, with a 79.33% decrease in profit. The company's net worth moved up by a moderate rise of 1.79%.

Vashu Yarn Mills India revenue growth over time
Vashu Yarn Mills India 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
-28.61%
Revenue from Operations
-28.69%
Total Assets
11.96%
Profit or Loss
-79.33%
Net Worth
1.79%
EBITDA
-20.67%

What is the Ownership and Shareholding Structure of Vashu Yarn Mills India?

In 2022, Vashu Yarn Mills India had a promoter holding of 86.82% and a public holding of 13.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.39 Cr

Satisfied Charges

₹8.10 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 48.39 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2004State Bank Of India₹48.39 CrOpen
20 Apr 2005Tamilnadu Mercantile Bank Ltd₹8.10 CrSatisfied

How Many Employees Work at Vashu Yarn Mills India?

Vashu Yarn Mills India has a workforce of 93 employees as of Apr 07, 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 Vashu Yarn Mills India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vashu Yarn Mills 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 Vashu Yarn Mills 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 Vashu Yarn Mills India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 48.39 Cr registered on 21 Jan 2004 with Charge ID 90009168 was modified on 09 Feb 2024.

  • Annual General Meeting

    Vashu Yarn Mills India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vashu Yarn Mills India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Anandkumar Jaganathan was appointed as a Director was appointed as a Director on 16 Jun 2021 & has been associated with this company since 3 years 10 months .

  • Charges

    A charge registered on 20 Apr 2005 via Charge ID 90009349 with Tamilnadu Mercantile Bank Ltd was fully satisfied on 06 Oct 2016.

  • Charges

    A charge with Tamilnadu Mercantile Bank Ltd of Rs. 8.10 Cr registered on 20 Apr 2005 with Charge ID 90009349 was modified on 25 Jun 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Vashu Yarn Mills India Private Limited?

    Vashu Yarn Mills India Private Limited was incorporated on 29 Apr 2003.

  • What is authorized share capital and paid-up capital of Vashu Yarn Mills India Private Limited?

    The authorized share capital of Vashu Yarn Mills India Private Limited is ₹ 9.60 Cr and paid-up capital is ₹ 9.60 Cr.

  • Who are the current board members & directors of Vashu Yarn Mills India Private Limited?

    Currently 4 directors are associated with Vashu Yarn Mills India Private Limited.

    • Anandkumar Jaganathan
    • Mahesh Arunachalam
    • Kavandampalayam Senniappa Gounder Vasudevan
    • Vasudevan Gomathi
  • What is the registered address of Vashu Yarn Mills India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vashu Yarn Mills India Private Limited is 220/Ii C Narayan Nagarcutcherry Street Gobichettipalayam, Erode District, Tamil Nadu, India, 638452.

  • What is the corporate identification number (CIN) and company number of Vashu Yarn Mills India Private Limited?

    The corporate identification number (CIN) of Vashu Yarn Mills India Private Limited is U17111TZ2003PTC010568 and the company number is 010568 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vashu Yarn Mills India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vashu Yarn Mills India Private Limited has fallen by -28.61%.

  • How many employees does Vashu Yarn Mills India Private Limited currently have?

    As Per 2023 financial reports, 93 employees are currently employed by Vashu Yarn Mills India Private Limited.

  • What change has been observed in the net worth of Vashu Yarn Mills India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vashu Yarn Mills India Private Limited has experienced an upsurge of 1.79%.

  • What are the total open charges for Vashu Yarn Mills India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vashu Yarn Mills India Private Limited amount to ₹ 48.39 Cr.

  • When was the last Balance Sheet of Vashu Yarn Mills India Private Limited filed with the ROC?

    The most recent Balance Sheet for Vashu Yarn Mills India Private Limited was filed with the ROC on 31 Mar 2023.

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