Venus P P V Spinning Mills Private Limited
Cotton preparation and spinning for blended cotton products since 1996.
1996 | Salem, Tamil Nadu (India) | Active
Venus P P V Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 29 Year, 3 Days
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 29.00 Cr
- Satisfied Charges ₹ 6.10 Cr
- Revenue Growth -23.67%
- Profit Growth -433.41%
- Ebitda -2014.94%
- Net Worth -1182.55%
- Total Assets -38.19%
About Venus P P V Spinning Mills
Venus P P V Spinning Mills Private Limited (VPPVSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 March 1996 and has a history of 29 years. Its registered office is in Salem, 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 2019. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹29.00 Cr. The company has closed loans amounting to ₹6.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varadaraju Sekar and Krishnasamy Durairaj serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1996PTC007069
- Company No.
007069
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1996
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Venus P P V Spinning Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varadaraju Sekar  | Director | 25-Mar-1996 | Current |
| Krishnasamy Durairaj | Director | 17-Nov-2004 | Current |
Financial Performance of Venus P P V Spinning Mills.
Venus P P V Spinning Mills Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 23.67% decrease. The company also saw a substantial fall in profitability, with a 433.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1182.55%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Venus P P V Spinning Mills?
In 2019, Venus P P V Spinning Mills had a promoter holding of 67.29% and a public holding of 32.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹29.00 Cr
Satisfied Charges
₹6.10 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 29.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2009 | The South Indian Bank Limited | ₹29.00 Cr | Open |
| 15 Oct 2010 | Kotak Mahindra Bank Limited | ₹5.00 M | Satisfied |
| 18 Jun 2007 | Centurion Bank Of Punjab | ₹3.00 Cr | Satisfied |
| 07 Feb 2003 | Central Bank Of India | ₹2.00 Cr | Satisfied |
| 30 Mar 1998 | The Salem Urban Co-Operative Bank Ltd | ₹6.00 M | Satisfied |
How Many Employees Work at Venus P P V Spinning Mills?
Venus P P V Spinning Mills has a workforce of 21 employees as of Mar 30, 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 Venus P P V 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 Venus P P V 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 Venus P P V Spinning Mills
Recent activity within the organization
- Annual General Meeting
Venus P P V Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Balance Sheet
Venus P P V Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore.
- Charges
A charge registered on 15 Oct 2010 via Charge ID 10253416 with Kotak Mahindra Bank Limited was fully satisfied on 25 Feb 2015.
- Charges
A charge with The South Indian Bank Limited of Rs. 29.00 Cr registered on 03 Jul 2009 with Charge ID 10168380 was modified on 16 May 2014.
- Charges
A charge registered on 18 Jun 2007 via Charge ID 10059836 with Centurion Bank Of Punjab was fully satisfied on 25 Feb 2013.
- Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 0.50 Cr with Charge ID 10253416 was registered on 15 Oct 2010.
Frequently asked questions
What is the Incorporation or founding date of Venus P P V Spinning Mills Private Limited?
Venus P P V Spinning Mills Private Limited was incorporated on 25 Mar 1996.
What is authorized share capital and paid-up capital of Venus P P V Spinning Mills Private Limited?
The authorized share capital of Venus P P V Spinning Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Venus P P V Spinning Mills Private Limited?
Currently 2 directors are associated with Venus P P V Spinning Mills Private Limited.
- Varadaraju Sekar
- Krishnasamy Durairaj
What is the registered address of Venus P P V Spinning Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Venus P P V Spinning Mills Private Limited is 5/A Vaithychettystreet Shevapet India, Salem, Tamil Nadu, 636002.
What is the corporate identification number (CIN) and company number of Venus P P V Spinning Mills Private Limited?
The corporate identification number (CIN) of Venus P P V Spinning Mills Private Limited is U17111TZ1996PTC007069 and the company number is 007069 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Venus P P V Spinning Mills Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Venus P P V Spinning Mills Private Limited has fallen by -23.67%.
How many employees does Venus P P V Spinning Mills Private Limited currently have?
As Per 2019 financial reports, 21 employees are currently employed by Venus P P V Spinning Mills Private Limited.
What change has been observed in the net worth of Venus P P V Spinning Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Venus P P V Spinning Mills Private Limited has experienced an downturn of -1182.55%.
What are the total open charges for Venus P P V Spinning Mills Private Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Venus P P V Spinning Mills Private Limited amount to ₹ 29.00 Cr.
When was the last Balance Sheet of Venus P P V Spinning Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Venus P P V Spinning Mills Private Limited was filed with the ROC on 31 Mar 2019.