Vatika Spinning Limited

Textile company specializing in yarn and fabric trading, manufacturing, and processing.

1993 | Chandigarh (India) | Active
Last Updated:

Vatika Spinning Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 32 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.87 Cr
  • Revenue Growth 44.45%
  • Profit Growth 71.35%
  • Ebitda 34.71%
  • Net Worth 28.13%
  • Total Assets -12.93%

About Vatika Spinning

Vatika Spinning Limited (VSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 February 1993 and has a history of 32 years. Its registered office is in Chandigarh, India.

The Company is engaged in the Financial Services 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 4.00 Cr and a paid-up capital of Rs 1.80 Cr.

The company has closed loans amounting to ₹9.87 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Gurmukh Dass, Ashok Goyal, and Manu Goyal serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17219CH1993PLC013038

  • Company No.

    013038

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Manufacturing
Company report

Vatika Spinning Limited

Explore comprehensive data for Vatika Spinning Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vatika Spinning?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Goyal Country flag representing In Managing Director01-Sep-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Manu Goyal Country flag representing In Director 30-Jun-2010Current
Gurmukh Dass Country flag representing In Director 05-Sep-2014Current

Financial Performance of Vatika Spinning.

Vatika Spinning Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 44.45% increase. The company also saw a substantial improvement in profitability, with a 71.35% increase in profit. The company's net worth Soared by an impressive increase of 28.13%.

Vatika Spinning revenue growth over time
Vatika Spinning 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
44.45%
Revenue from Operations
Total Assets
-12.93%
Profit or Loss
71.35%
Net Worth
28.13%
EBITDA
34.71%

What is the Ownership and Shareholding Structure of Vatika Spinning?

In 2018, Vatika Spinning had a promoter holding of 12.42% and a public holding of 87.58%. 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

Satisfied Charges

₹9.87 Cr

Charges Breakdown by Lending Institutions

  • Punjab State Industrial Development Corp. Ltd. : 4.00 Cr
  • Punjab National Bank : 2.34 Cr
  • Punjab Financial Corp. : 2.17 Cr
  • Punjab State Industiral Dev.Cor. Ltd. : 0.90 Cr
  • Punjab State Industrial Development Corporation Limited : 0.30 Cr
  • Others : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 1996Punjab National Bank₹1.60 MSatisfied
28 Aug 1996Punjab National Ba Nk₹1.60 MSatisfied
12 Sep 1995Punjab State Industrial Development Corporation Limited₹3.00 MSatisfied
14 Jan 1995Punjab Financial Corp.₹5.20 MSatisfied
14 Jan 1995Punjab National Bank₹7.50 MSatisfied

How Many Employees Work at Vatika Spinning?

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

Employee growth trends for Vatika Spinning Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vatika Spinning, 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 Vatika Spinning'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 Vatika Spinning

Recent activity within the organization

  • Annual General Meeting

    Vatika Spinning Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vatika Spinning Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge registered on 14 Jan 1995 via Charge ID 90173481 with Punjab Financial Corp. was fully satisfied on 03 Jun 2015.

  • Director Appointment

    Gurmukh Dass was appointed as a Director was appointed as a Director on 05 Sep 2014 & has been associated with this company since 10 years 6 months .

  • Charges

    A charge registered on 28 Aug 1996 via Charge ID 90174812 with Punjab National Bank was fully satisfied on 04 Sep 2014.

  • Charges

    A charge registered on 28 Aug 1996 via Charge ID 90309072 with Punjab National Ba Nk was fully satisfied on 04 Sep 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Vatika Spinning Limited?

    Vatika Spinning Limited was incorporated on 25 Feb 1993.

  • What is authorized share capital and paid-up capital of Vatika Spinning Limited?

    The authorized share capital of Vatika Spinning Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.80 Cr.

  • Who are the current board members & directors of Vatika Spinning Limited?

    Currently 3 directors are associated with Vatika Spinning Limited.

    • Gurmukh Dass
    • Ashok Goyal
    • Manu Goyal

  • What is the registered address of Vatika Spinning Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vatika Spinning Limited is Sco 16Sector 26 India, Ut, Chandigarh, 160019.

  • What is the corporate identification number (CIN) and company number of Vatika Spinning Limited?

    The corporate identification number (CIN) of Vatika Spinning Limited is U17219CH1993PLC013038 and the company number is 013038 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vatika Spinning Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Vatika Spinning Limited has risen by 44.45%.

  • What change has been observed in the net worth of Vatika Spinning Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Vatika Spinning Limited has experienced an upsurge of 28.13%.

  • When was the last Balance Sheet of Vatika Spinning Limited filed with the ROC?

    The most recent Balance Sheet for Vatika Spinning Limited was filed with the ROC on 31 Mar 2023.

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