Vaskspin Tex Private Limited

Manufactures and sells cotton yarn since 2018, based in Andhra Pradesh.

2018 | Godavari, Andhra Pradesh (India) | Active
Last Updated: December 14, 2024

Vaskspin Tex Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.61 Cr
  • Revenue Growth 3033.23%
  • Profit Growth 1722.23%
  • Ebitda 1633.90%
  • Net Worth 20375.89%
  • Total Assets 12311.25%

About Vaskspin Tex

Vaskspin Tex Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 August 2018 (Six years and five months 6 days old ). Its registered office is in Godavari, Andhra Pradesh, India.

The Corporate was formerly known as Vask Foods Private Limited. 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 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹36.61 Cr.

Kundula Satyanarayana, Sakunthala Kundula, Nandipati Kishore, and One other member serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100AP2018PTC109038

  • Company No.

    109038

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Vaskspin Tex?

Executive Team (2)

Name Designation Appointment Date Status
Kundula Satyanarayana Country flag representing In Managing Director 27-Aug-2018 Current
Nandipati Kishore Country flag representing In Managing Director 21-Dec-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Sakunthala Kundula Country flag representing In Director 27-Aug-2018 Current
Kundula Sneha Country flag representing In Director 21-Dec-2018 Current

Financial Performance of Vaskspin Tex.

Vaskspin Tex Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 3033.23% increase. The company also saw a substantial improvement in profitability, with a 1722.23% increase in profit. The company's net worth Soared by an impressive increase of 20375.89%.

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
3033.23%
Revenue from Operations
3033.23%
Total Assets
12311.25%
Profit or Loss
1722.23%
Net Worth
20375.89%
EBITDA
1633.90%

What is the Ownership and Shareholding Structure of Vaskspin Tex?

In 2021, Vaskspin Tex 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

₹36.61 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.50 Cr
  • Sidbi : 4.11 Cr

Latest Charge Details

Date Lender Amount Status
15 Feb 2024 Sidbi ₹4.11 Cr Open
03 Aug 2021 Hdfc Bank Limited ₹32.50 Cr Open

How Many Employees Work at Vaskspin Tex?

Vaskspin Tex has a workforce of 16 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vaskspin Tex, 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 Vaskspin Tex'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 Vaskspin Tex

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 4.11 Cr with Charge ID 100865195 was registered on 15 Feb 2024.

    15 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 32.50 Cr registered on 03 Aug 2021 with Charge ID 100467622 was modified on 12 Feb 2024.

    12 Feb 2024

  • Annual General Meeting

    Vaskspin Tex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vaskspin Tex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 32.50 Cr with Charge ID 100467622 was registered on 03 Aug 2021.

    03 Aug 2021

  • Director Appointment

    Nandipati Kishore was appointed as a Managing Director was appointed as a Managing Director on 21 Dec 2018 & has been associated with this company since 6 years 1 month .

    21 Dec 2018

Frequently asked questions

  • Vaskspin Tex Private Limited was incorporated on 27 Aug 2018.

  • The authorized share capital of Vaskspin Tex Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 4 directors are associated with Vaskspin Tex Private Limited.

    • Kundula Veera Venkata Satyanarayana
    • Sakunthala Kundula
    • Nandipati Kishore
    • Kundula Sneha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaskspin Tex Private Limited is D No. 33-8-35 Kanchiraju Vari Street, Sajjapuram East-Iii India, Tanuku, Andhra Pradesh, 534211.

  • The corporate identification number (CIN) of Vaskspin Tex Private Limited is U17100AP2018PTC109038 and the company number is 109038 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vaskspin Tex Private Limited has risen by 3033.23%.

  • As Per 2021 financial reports, 16 employees are currently employed by Vaskspin Tex Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vaskspin Tex Private Limited has experienced an upsurge of 20375.89%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vaskspin Tex Private Limited amount to ₹ 36.61 Cr.

  • The most recent Balance Sheet for Vaskspin Tex Private Limited was filed with the ROC on 31 Mar 2023.