Vatika Spinning Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.80 Cr
- Company Age 31 Year, 11 Months
- 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 31 years and 11 months. 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
Who are the key members and board of directors at Vatika Spinning?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Goyal  | Managing Director | 01-Sep-1993 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manu Goyal | Director | 30-Jun-2010 | Current |
| Gurmukh Dass | Director | 05-Sep-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 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.
Related Corporates (Common Directorship)
Bassi Steels Private LimitedGurmukh Dass is a mutual person
- Madhav Ventures Private Limited
Gurmukh Dass is a mutual person
- Prs Rolling Mills Private Limited
Ashok Goyal is a mutual person
- Surya Cables Pvt Ltd
Ashok Goyal is a mutual person
- Amnos Projects Private Limited
Ashok Goyal is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 1996 | Punjab National Bank | ₹1.60 M | Satisfied |
| 28 Aug 1996 | Punjab National Ba Nk | ₹1.60 M | Satisfied |
| 12 Sep 1995 | Punjab State Industrial Development Corporation Limited | ₹3.00 M | Satisfied |
| 14 Jan 1995 | Punjab Financial Corp. | ₹5.20 M | Satisfied |
| 14 Jan 1995 | Punjab National Bank | ₹7.50 M | Satisfied |
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.
Deals i
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
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.
