Vedant Fashions Profile
Key Indicators
- Authorised Capital ₹ 30.10 Cr
as on 06-07-2024
- Paid Up Capital ₹ 24.29 Cr
as on 06-07-2024
- Company Age 22 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 317.43 Cr
as on 06-07-2024
- Revenue 28.92%
(FY 2023)
- Profit 37.14%
(FY 2023)
- Ebitda 36.95%
(FY 2023)
- Net Worth 28.68%
(FY 2023)
- Total Assets 23.55%
(FY 2023)
About Vedant Fashions
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 2023. It's a company limited by shares with an authorized capital of Rs 30.10 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 Rahul Murarka as CFO and Navin Pareek as Company Secretary. Manish Choksi, Sunish Sharma, Ravi Modi, and Three other members serve as directors at the Company.
- 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
24 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media
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 |
| Rahul Murarka | CFO | 17-May-2021 | Current |
| Navin Pareek | Company Secretary | 14-Mar-2015 | 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 and Corporate Structure Insights 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
- Ratios
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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 LimitedActive 7 years 9 monthsRavi Modi, Shilpi Modi and 1 more are mutual person
Ricinash Renewable Materials Private LimitedActive 27 years 10 monthsManish Choksi is a mutual person
Spandana Sphoorty Financial LimitedActive 21 years 9 monthsSunish Sharma and Abanti Mitra are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Jan 2020 | ₹10.78 Cr | Satisfied |
Others Creation Date: 25 Sep 2017 | ₹50.00 Cr | Satisfied |
Bank Of India Creation Date: 10 Mar 2015 | ₹50.00 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.
