Vedha Spinning Mills Private Limited
Manufacturer of cotton yarn and windmills, selling to domestic and international customers.
2001 | Coimbatore, Tamil Nadu (India) | Active
Vedha Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 2.10 Cr
- Company Age 23 Year, 9 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 nine 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
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ2001PTC009831
- Company No.
009831
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jul 2001
- Date of AGM
23 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Vedha Spinning Mills Private Limited
Explore comprehensive data for Vedha Spinning Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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
Chennimalai Kandaswamy is a mutual person
- Renergy Equipments India Private Limited
Chennimalai Kandaswamy is a mutual person
Charges (Loans)
Open Charges
₹280.70 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Vedha Spinning Mills
Recent activity within the organization
- Annual General Meeting
Vedha Spinning Mills Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.
- Balance Sheet
Vedha Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with State Bank Of India amounted to Rs. 90.98 Cr with Charge ID 100663271 was registered on 14 Nov 2022.
- Charges
A charge with State Bank Of India of Rs. 179.72 Cr registered on 24 Feb 2016 with Charge ID 100019098 was modified on 15 Jul 2022.
- Director Appointment
Jaichand Jayalakshmi was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2022 & has been associated with this company since 2 years 11 months .
- Charges
A charge with State Bank Of India of Rs. 10.00 Cr registered on 06 Mar 2015 with Charge ID 10555930 was modified on 15 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of Vedha Spinning Mills Private Limited?
Vedha Spinning Mills Private Limited was incorporated on 17 Jul 2001.
What is authorized share capital and paid-up capital of Vedha Spinning Mills Private Limited?
The authorized share capital of Vedha Spinning Mills Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 2.10 Cr.
Who are the current board members & directors of Vedha Spinning Mills Private Limited?
Currently 2 directors are associated with Vedha Spinning Mills Private Limited.
- Chennimalai Gounder Kandaswamy
- Jaichand Jayalakshmi
What is the registered address of Vedha Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vedha Spinning Mills Private Limited is 207Mangalam Road India, Tirupur, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Vedha Spinning Mills Private Limited?
The corporate identification number (CIN) of Vedha Spinning Mills Private Limited is U17111TZ2001PTC009831 and the company number is 009831 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vedha Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vedha Spinning Mills Private Limited has fallen by -13.86%.
How many employees does Vedha Spinning Mills Private Limited currently have?
As Per 2023 financial reports, 938 employees are currently employed by Vedha Spinning Mills Private Limited.
What change has been observed in the net worth of Vedha Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vedha Spinning Mills Private Limited has experienced an upsurge of 2.62%.
What are the total open charges for Vedha Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vedha Spinning Mills Private Limited amount to ₹ 280.70 Cr.
When was the last Balance Sheet of Vedha Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Vedha Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Kandaswamy SivarajDirectorVD
Veluswamy DhanalakshmiManaging DirectorSV
Sennimalai VeluswamyDirector
Similar Companies Based on Textile & Fabric Production
Wellknown Polyesters Limited Daman, Daman & Diu, India
Trident Limited Barnala, Punjab, India
Shahi Exports Private Limited Delhi, India
Gujarat Ambuja Exports Limited Ahmedabad, Gujarat, India
Bhilosa Industries Private Limited Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
Arvind Limited Ahmedabad, Gujarat, India
K.P.R. Mill Limited Coimbatore, Tamil Nadu, India
Srf Limited Delhi, India