Vedha Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
as on 17-07-2024
- Paid Up Capital ₹ 2.10 Cr
as on 17-07-2024
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 280.70 Cr
as on 17-07-2024
- Satisfied Charges ₹ 269.10 Cr
as on 17-07-2024
- Revenue -13.86%
(FY 2023)
- Profit -78.26%
(FY 2023)
- Ebitda -51.88%
(FY 2023)
- Net Worth 2.62%
(FY 2023)
- Total Assets -1.63%
(FY 2023)
About Vedha Spinning Mills
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 2023. 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.
- CIN/LLPIN
U17111TZ2001PTC009831
- Company No.
009831
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jul 2001
- Date of AGM
21 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Tirupur, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Vedha Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaichand Jayalakshmi  | Managing Director | 01-Jun-2022 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chennimalai Kandaswamy | Whole-Time Director | 26-Mar-2004 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Sri Lalithambighai Textiles Private Limited
Active 5 years 11 monthsChennimalai Kandaswamy is a mutual person
Renergy Equipments India Private Limited
Active 17 years 18 daysChennimalai Kandaswamy is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 14 Nov 2022 | ₹90.98 Cr | Open |
State Bank Of India Creation Date: 24 Feb 2016 | ₹179.72 Cr | Open |
State Bank Of India Creation Date: 06 Mar 2015 | ₹10.00 Cr | Open |
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.
