Vedha Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 2.10 Cr
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 280.70 Cr
- Satisfied Charges ₹ 269.10 Cr
- Revenue Growth -13.86%
- Profit Growth -78.26%
- Ebitda -51.88%
- Net Worth 2.62%
- Total Assets -1.63%
About Vedha Spinning Mills
Vedha Spinning Mills Private Limited (VSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 July 2001 and has a history of 23 years and six months. Its registered office is in Coimbatore, Tamil Nadu, 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 2.10 Cr and a paid-up capital of Rs 2.10 Cr.
The company currently has active open charges totaling ₹280.70 Cr. The company has closed loans amounting to ₹269.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chennimalai Kandaswamy and Jaichand Jayalakshmi serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ2001PTC009831
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Company No.
009831
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Jul 2001
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Date of AGM
23 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Vedha Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaichand Jayalakshmi
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Managing Director | 01-Jun-2022 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Chennimalai Kandaswamy
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Whole-Time Director | 26-Mar-2004 | Current |
Financial Performance of Vedha Spinning Mills.
Vedha Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.86% decrease. The company also saw a substantial fall in profitability, with a 78.26% decrease in profit. The company's net worth moved up by a moderate rise of 2.62%.
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What is the Ownership and Shareholding Structure of Vedha Spinning Mills?
In 2023, Vedha Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sri Lalithambighai Textiles Private LimitedChennimalai Kandaswamy is a mutual person
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Renergy Equipments India Private Limited
Chennimalai Kandaswamy is a mutual person
Charges (Loans)
₹280.70 Cr
₹269.10 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 280.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2022 | State Bank Of India | ₹90.98 Cr | Open |
| 24 Feb 2016 | State Bank Of India | ₹179.72 Cr | Open |
| 06 Mar 2015 | State Bank Of India | ₹10.00 Cr | Open |
| 26 Jun 2019 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 09 Mar 2015 | State Bank Of India | ₹20.00 Cr | Satisfied |
How Many Employees Work at Vedha Spinning Mills?
Vedha Spinning Mills has a workforce of 938 employees as of Mar 29, 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 Vedha Spinning Mills, 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 Vedha Spinning Mills'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.
