Veeraa Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 0.22 M
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 16.18 Cr
- Revenue Growth -32.42%
- Profit Growth -79.49%
- Ebitda -280.09%
- Net Worth -208.83%
- Total Assets -6.78%
About Veeraa Spinning Mills
Company Details
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Location
Erode, 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
U17111TZ1990PTC002904
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Company No.
002904
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Oct 1990
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Date of AGM
29 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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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 Veeraa Spinning Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Kanodia
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Director | 22-Jun-2011 | Current |
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Vikas Kumar
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Director | 03-Dec-2008 | Current |
Financial Performance of Veeraa Spinning Mills.
Veeraa Spinning Mills Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 32.42% decrease. The company also saw a substantial fall in profitability, with a 79.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 208.83%.
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What is the Ownership and Shareholding Structure of Veeraa Spinning Mills?
In 2017, Veeraa 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 Ramraghav Spinning Mills LlpRaghav Kanodia is a mutual person
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Srinidhi Industries Limited
Raghav Kanodia is a mutual person
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Srinidhi Synthetics Limited
Raghav Kanodia is a mutual person
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Raghuraj Industries Private Limited
Raghav Kanodia is a mutual person
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Sri Ramraghav Ecomills Private Limited
Raghav Kanodia is a mutual person
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Ramraghav Industries Limited
Raghav Kanodia and Vikas Kumar are mutual person
Charges (Loans)
₹0
₹16.18 Cr
Charges Breakdown by Lending Institutions
- Others : 15.30 Cr
- The Federal Bank Ltd : 0.72 Cr
- The South Indian Bank Ltd : 0.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2010 | Others | ₹15.30 Cr | Satisfied |
| 02 Mar 2005 | The Federal Bank Ltd | ₹7.20 M | Satisfied |
| 01 Feb 1993 | The South Indian Bank Ltd | ₹1.64 M | Satisfied |
How Many Employees Work at Veeraa Spinning Mills?
Veeraa Spinning Mills has a workforce of 2 employees as of Apr 09, 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 Veeraa 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 Veeraa 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.
