Vatsal Textile Private Limited

Manufactures textile, leather, and apparel products.

2006 | Surat, Gujarat (India) | Active
Last Updated: December 19, 2024

Vatsal Textile Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.90 M
  • Revenue Growth 179.64%
  • Profit Growth -0.16%
  • Ebitda 92.18%
  • Net Worth -14.41%
  • Total Assets 13.48%

About Vatsal Textile

Vatsal Textile Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 December 2006 and has a history of 18 years and one month. Its registered office is in Surat, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹9.90 M.

Smita Somani and Vansh Somani serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121GJ2006PTC049667

  • Company No.

    049667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Vatsal Textile?

Board Members (2)

Name Designation Appointment Date Status
Vansh Somani Country flag representing In Director 06-Aug-2018 Current
Smita Somani Country flag representing In Director 06-Aug-2018 Current

Financial Performance of Vatsal Textile.

Vatsal Textile Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 179.64% increase. The company also saw a slight decrease in profitability, with a 0.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.41%.

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
179.64%
Revenue from Operations
179.64%
Total Assets
13.48%
Profit or Loss
-0.16%
Net Worth
-14.41%
EBITDA
92.18%

What is the Ownership and Shareholding Structure of Vatsal Textile?

In 2019, Vatsal Textile 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

₹9.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.99 Cr

Latest Charge Details

Date Lender Amount Status
03 Jun 2009 Bank Of India ₹9.90 M Open

How Many Employees Work at Vatsal Textile?

Unlock and access historical data on people associated with Vatsal Textile, 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 Vatsal Textile, 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 Vatsal Textile'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 Vatsal Textile

Recent activity within the organization

  • Annual General Meeting

    Vatsal Textile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vatsal Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Smita Jagdishchandra Somani was appointed as a Director was appointed as a Director on 06 Aug 2018 & has been associated with this company since 6 years 5 months .

    06 Aug 2018

  • Director Appointment

    Vansh Jagdishchandra Somani was appointed as a Director was appointed as a Director on 06 Aug 2018 & has been associated with this company since 6 years 5 months .

    06 Aug 2018

  • Charges

    A charge with Bank Of India amounted to Rs. 9.90 M with Charge ID 10166002 was registered on 03 Jun 2009.

    03 Jun 2009

  • Company Incorporation

    Vatsal Textile Private Limited was registered on 28 Dec 2006 with Roc Ahmedabad & aged 18 years 1 month as per MCA records.

    28 Dec 2006

Frequently asked questions

  • Vatsal Textile Private Limited was incorporated on 28 Dec 2006.

  • The authorized share capital of Vatsal Textile Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Vatsal Textile Private Limited.

    • Smita Jagdishchandra Somani
    • Vansh Jagdishchandra Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vatsal Textile Private Limited is 118 Shri Hari Park, Nr. Khadiwala High -School Sagrampura India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Vatsal Textile Private Limited is U17121GJ2006PTC049667 and the company number is 049667 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vatsal Textile Private Limited has risen by 179.64%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vatsal Textile Private Limited has experienced an downturn of -14.41%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vatsal Textile Private Limited amount to ₹ 9.90 M.

  • The most recent Balance Sheet for Vatsal Textile Private Limited was filed with the ROC on 31 Mar 2024.

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