Venus Garments (India) Limited

Venus Garments (India) Limited

Exports ready-made garments to US, Europe, Mexico, Canada, and other countries.
1999 | Ludhiana, Punjab (India) | Under Insolvency

Last Updated:

May 13, 2024
HomeCompanyVenus Garments (India) Limited

Who are the key members and board of directors at Venus Garments (India)?

Board Members(3)

NameDesignationAppointment DateStatus
Varun Jain In Director 27-Sep-2008Current
Tarun Jain In Whole-Time Director 08-Dec-2003Current
Anil Jain In Whole-Time Director 01-Aug-2008Current

Financial Performance of Venus Garments (India).

Venus Garments (India) Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 62.43% decrease. The company also saw a substantial fall in profitability, with a 53163.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 148.73%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-62.43%
Revenue from Operations
-62.31%
Total Assets
-17.45%
Profit or Loss
-53163.80%
Net Worth
-148.73%
EBITDA
-274.35%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹184.02 Cr

₹47.12 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 22 Sep 2012
₹10.89 CrOpen

State Bank Of India

Creation Date: 22 Sep 2012
₹35.11 CrOpen

State Bank Of India

Creation Date: 22 Sep 2012
₹35.11 CrOpen

How Many Employees Work at Venus Garments (India)?

Venus Garments (India) has a workforce of 102 employees as of Apr 05, 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.

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Latest Updates, News, and FAQs on Venus Garments (India)

Recent activity within the organization

  • Annual General Meeting

    Venus Garments (India) Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Venus Garments (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.

    31 Mar 2018

  • Charges

    A charge registered on 24 Dec 2010 via Charge ID 10262920 with State Bank Of India was fully satisfied on 13 Apr 2016.

    13 Apr 2016

  • Charges

    A charge with State Bank Of India of Rs. 3.91 Cr registered on 24 Dec 2010 with Charge ID 10262919 was modified on 26 Feb 2016.

    26 Feb 2016

  • Charges

    A charge with State Bank Of India of Rs. 80.00 Cr registered on 27 Apr 1999 with Charge ID 90311271 was modified on 26 Feb 2016.

    26 Feb 2016

  • Charges

    A charge registered on 30 Dec 2008 via Charge ID 10138661 with State Bank Of India was fully satisfied on 29 Nov 2012.

    29 Nov 2012

Frequently asked questions

  • Venus Garments (India) Limited was incorporated on 23 Feb 1999.

  • The authorized share capital of Venus Garments (India) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.26 Cr.

  • Currently 3 directors are associated with Venus Garments (India) Limited.

    • Varun Jain
    • Tarun Jain
    • Anil Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venus Garments (India) Limited is Village Hussainpura, Opp Hotel Amaltas G.T. Road (West), Ludhiana, Punjab, India, 141008.

  • The corporate identification number (CIN) of Venus Garments (India) Limited is U17117PB1999PLC022270 and the company number is 022270 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venus Garments (India) Limited is https://www.vgil.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Venus Garments (India) Limited has fallen by -62.43%.

  • As Per 2018 financial reports, 102 employees are currently employed by Venus Garments (India) Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Venus Garments (India) Limited has experienced an downturn of -148.73%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Venus Garments (India) Limited amount to ₹ 184.02 Cr.

  • The most recent Balance Sheet for Venus Garments (India) Limited was filed with the ROC on 31 Mar 2018.

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