Vedant Fashions Profile
Key Indicators
- Authorised Capital ₹ 35.10 Cr
- Paid Up Capital ₹ 24.29 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 317.43 Cr
- Revenue Growth 28.92%
- Profit Growth 37.14%
- Ebitda 36.95%
- Net Worth 28.68%
- Total Assets 23.55%
About Vedant Fashions
Vedant Fashions Limited (VFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 May 2002 and has a history of 22 years and nine months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543463.
The Corporate was formerly known as Vedant Fashions Private Limited. The Company is engaged in the Fashion And Textile 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 35.10 Cr and a paid-up capital of Rs 24.29 Cr.
The company has closed loans amounting to ₹317.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vedant Fashions Limited India are Navin Pareek as COMPANY SECRETARY and Rahul Murarka as Cfo. Manish Choksi, Ravi Modi, Shilpi Modi, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L51311WB2002PLC094677
- Company No.
094677
- Stock Symbol
BSE : 543463
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 May 2002
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Fashion and Textile
What products or services does Vedant Fashions Limited offer?
Vedant Fashions Limited offers a wide range of products and services, including Groom Wear, Sherwani, Men Indo Western, Embroidered Sherwani, Wedding Sherwani, Men Formal Wear, Waistcoat.
Who are the key members and board of directors at Vedant Fashions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Modi  | Managing Director | 24-May-2002 | Current |
| Navin Pareek | Company Secretary | 14-Mar-2015 | Current |
| Rahul Murarka | CFO | 17-May-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunish Sharma | Director | 24-Aug-2017 | Current |
| Shilpi Modi | Whole-Time Director | 24-May-2002 | Current |
| Manish Choksi | Director | 06-Sep-2021 | Current |
| Abanti Mitra | Director | 06-Sep-2021 | Current |
| Tarun Puri | Director | 06-Sep-2021 | Current |
Financial Performance of Vedant Fashions.
Vedant Fashions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.92% increase. The company also saw a substantial improvement in profitability, with a 37.14% increase in profit. The company's net worth Soared by an impressive increase of 28.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vedant Fashions?
In 2023, Vedant Fashions had a promoter holding of 84.87% and a public holding of 15.11%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manyavar Creations Private LimitedRavi Modi, Shilpi Modi and 1 more are mutual person
Ricinash Renewable Materials Private LimitedManish Choksi is a mutual person
Spandana Sphoorty Financial LimitedAbanti Mitra and Sunish Sharma are mutual person
Germinait Solutions Private LimitedManish Choksi is a mutual person
Msl Driveline Systems LimitedManish Choksi is a mutual person
Criss Financial LimitedAbanti Mitra is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹317.43 Cr
Charges Breakdown by Lending Institutions
- Others : 136.78 Cr
- Hdfc Bank Limited : 105.75 Cr
- Bank Of India : 50.50 Cr
- Ing Vysya Bank Limited : 24.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2020 | Others | ₹10.78 Cr | Satisfied |
| 25 Sep 2017 | Others | ₹50.00 Cr | Satisfied |
| 10 Mar 2015 | Bank Of India | ₹50.00 Cr | Satisfied |
| 10 Jan 2015 | Hdfc Bank Limited | ₹65.00 Cr | Satisfied |
| 15 Dec 2014 | Hdfc Bank Limited | ₹40.00 Cr | Satisfied |
How Many Employees Work at Vedant Fashions?
Vedant Fashions has a workforce of 603 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vedant Fashions, 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 Vedant Fashions'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.
Latest Updates, News, and FAQs on Vedant Fashions
Recent activity within the organization
- Annual General Meeting
Vedant Fashions Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Balance Sheet
Vedant Fashions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Manish Mahendra Choksi was appointed as a Director was appointed as a Director on 06 Sep 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Tarun Puri was appointed as a Director was appointed as a Director on 06 Sep 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Abanti Mitra was appointed as a Director was appointed as a Director on 06 Sep 2021 & has been associated with this company since 3 years 6 months .
- Charges
A charge registered on 03 Jan 2020 via Charge ID 100318055 with Others was fully satisfied on 12 Apr 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Vedant Fashions Limited?
Vedant Fashions Limited was incorporated on 24 May 2002.
What is authorized share capital and paid-up capital of Vedant Fashions Limited?
The authorized share capital of Vedant Fashions Limited is ₹ 35.10 Cr and paid-up capital is ₹ 24.29 Cr.
Who are the current board members & directors of Vedant Fashions Limited?
Currently 8 directors are associated with Vedant Fashions Limited.
- Manish Mahendra Choksi
- Ravi Modi
- Shilpi Modi
- Tarun Puri
- Navin Pareek
- Rahul Murarka
- Abanti Mitra
- Sunish Sharma
What is the registered address of Vedant Fashions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vedant Fashions Limited is Paridhan Garment Park 19 Canal South Road Sdf-1 4Th Floor, A501 -A502 India, Kolkata, West Bengal, 700015.
What is the corporate identification number (CIN) and company number of Vedant Fashions Limited?
The corporate identification number (CIN) of Vedant Fashions Limited is L51311WB2002PLC094677 and the company number is 094677 as per Ministry of Corporate Affairs (MCA).
Is Vedant Fashions Limited registered with any stock exchange in India?
Yes, Vedant Fashions Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Vedant Fashions Limited?
The Official website of Vedant Fashions Limited is https://www.vedantfashions.com
What has been the recent revenue trend for Vedant Fashions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vedant Fashions Limited has risen by 28.92%.
How many employees does Vedant Fashions Limited currently have?
As Per 2023 financial reports, 603 employees are currently employed by Vedant Fashions Limited.
What change has been observed in the net worth of Vedant Fashions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vedant Fashions Limited has experienced an upsurge of 28.68%.
When was the last Balance Sheet of Vedant Fashions Limited filed with the ROC?
The most recent Balance Sheet for Vedant Fashions Limited was filed with the ROC on 31 Mar 2024.