Veefab Synthetics Pvt Ltd

Manufactures and trades yarn and fabrics using various types of fibres and blends.

1987 | Thane, Maharashtra (India) | Active
Last Updated: January 03, 2025

Veefab Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.46 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 5.50 M
  • Revenue Growth -75.01%
  • Profit Growth -1949.36%
  • Ebitda -67.62%
  • Net Worth -21.73%
  • Total Assets 0.42%

About Veefab Synthetics

Veefab Synthetics Pvt Ltd (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 September 1987 and has a history of 37 years and four months. Its registered office is in Thane, Maharashtra, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.46 M.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹5.50 M, as per Ministry of Corporate Affairs (MCA) records.

Tara Jha, Shivkant Jha, and Ashish Jha serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24300MH1987PTC044770

  • Company No.

    044770

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 1987

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Veefab Synthetics Pvt Ltd offer?

Veefab Synthetics Pvt Ltd offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Yarn, Blended Yarn, Industrial Polyester Yarn, Slub Yarn, Multi Color Yarn, Synthetic Yarn, Cotton Yarn, Cotton Carded Yarn.

Who are the key members and board of directors at Veefab Synthetics?

Board Members (3)

Name Designation Appointment Date Status
Shivkant Jha Country flag representing In Director 23-Jul-2013 Current
Ashish Jha Country flag representing In Director 23-Jul-2013 Current
Tara Jha Country flag representing In Director 23-Jul-2013 Current

Financial Performance of Veefab Synthetics.

Veefab Synthetics Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 75.01% decrease. The company also saw a substantial fall in profitability, with a 1949.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-75.01%
Revenue from Operations
-74.89%
Total Assets
0.42%
Profit or Loss
-1949.36%
Net Worth
-21.73%
EBITDA
-67.62%

What is the Ownership and Shareholding Structure of Veefab Synthetics?

In 2021, Veefab Synthetics had a public holding of 12.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 M

Satisfied Charges

₹5.50 M

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2021 Others ₹1.00 Cr Open
17 Mar 2017 Others ₹1.00 Cr Open
10 Mar 2017 Others ₹1.00 Cr Open
14 Jun 1995 Abhyudaya Co-Oprative Bank Ltd. ₹2.00 M Satisfied
03 Sep 1990 Abhyudaya Co-Oprative Bank Ltd. ₹2.00 M Satisfied

How Many Employees Work at Veefab Synthetics?

Veefab Synthetics has a workforce of 8 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veefab Synthetics, 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 Veefab Synthetics's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Veefab Synthetics

Recent activity within the organization

  • Annual General Meeting

    Veefab Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100462260 was registered on 30 Jun 2021.

    30 Jun 2021

  • Balance Sheet

    Veefab Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100085726 was registered on 17 Mar 2017.

    17 Mar 2017

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100085725 was registered on 10 Mar 2017.

    10 Mar 2017

  • Charges

    A charge registered on 03 Sep 1990 via Charge ID 90224192 with Abhyudaya Co-Oprative Bank Ltd. was fully satisfied on 31 Jan 2017.

    31 Jan 2017

Frequently asked questions

  • Veefab Synthetics Pvt Ltd was incorporated on 24 Sep 1987.

  • The authorized share capital of Veefab Synthetics Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.46 M.

  • Currently 3 directors are associated with Veefab Synthetics Pvt Ltd.

    • Tara Shivkant Jha
    • Shivkant Jha
    • Ashish Shivkant Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veefab Synthetics Pvt Ltd is 2 Amey Park Bl-6 Navapur Road, Boisar. India, Thane, Maharashtra, 401501.

  • The corporate identification number (CIN) of Veefab Synthetics Pvt Ltd is U24300MH1987PTC044770 and the company number is 044770 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Veefab Synthetics Pvt Ltd has fallen by -75.01%.

  • As Per 2021 financial reports, 8 employees are currently employed by Veefab Synthetics Pvt Ltd.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Veefab Synthetics Pvt Ltd has experienced an downturn of -21.73%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Veefab Synthetics Pvt Ltd amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Veefab Synthetics Pvt Ltd was filed with the ROC on 31 Mar 2021.

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