Veena Textiles Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.04 Cr
- Company Age 56 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.39 Cr
- Satisfied Charges ₹ 6.95 Cr
- Revenue Growth -24.42%
- Profit Growth 17.57%
- Ebitda 18.90%
- Net Worth -1.88%
- Total Assets -1.71%
About Veena Textiles
Veena Textiles Limited (VTL) was founded in India on 08 April 1968 and has a glorious history of 56 years and ten months.Its registered office is in Namakkal, Tamil Nadu, India.
The Company is engaged in the Home & Lifestyle 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 10.00 Cr and a paid-up capital of Rs 8.04 Cr.
The company currently has active open charges totaling ₹3.39 Cr. The company has closed loans amounting to ₹6.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rathinasamy Velmurugan, Parthiban, and Balsubramanian Shanmugasundaram serve as directors at the Company.
Company Details
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Location
Namakkal, 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
U17111TZ1968PLC000584
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Company No.
000584
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Apr 1968
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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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 Veena Textiles?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rathinasamy Velmurugan
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Director | 30-Sep-2002 | Current |
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Parthiban
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Director | 12-Nov-2018 | Current |
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Balsubramanian Shanmugasundaram
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Director | 18-Jun-2022 | Current |
Financial Performance of Veena Textiles.
Veena Textiles Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.42% decrease. The company also saw a substantial improvement in profitability, with a 17.57% increase in profit. The company's net worth dipped by a decrease of 1.88%.
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What is the Ownership and Shareholding Structure of Veena Textiles?
In 2021, Veena Textiles had a promoter holding of 33.62% and a public holding of 66.38%. 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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Superfine Bleaching Company LimitedParthiban is a mutual person
Charges (Loans)
₹3.39 Cr
₹6.95 Cr
Charges Breakdown by Lending Institutions
- Elgi Finance Ltd. : 1.11 Cr
- Ifci Limited : 1.00 Cr
- Sundaram Fiance Ltd. : 0.89 Cr
- Sundaram Finance Ltd. : 0.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 1995 | Elgi Finance Ltd. | ₹1.11 Cr | Open |
| 06 Oct 1994 | Ifci Limited | ₹1.00 Cr | Open |
| 15 Mar 1994 | Sundaram Fiance Ltd. | ₹0.48 M | Open |
| 13 Dec 1993 | Sundaram Fiance Ltd. | ₹0.32 M | Open |
| 15 Nov 1993 | Sundaram Finance Ltd. | ₹0.54 M | Open |
How Many Employees Work at Veena Textiles?
Unlock and access historical data on people associated with Veena Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Veena Textiles, 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 Veena Textiles'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.
