Venus P P Varadharaju Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 2.10 Cr
- Company Age 35 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.29 Cr
- Satisfied Charges ₹ 8.17 M
- Revenue Growth 52.45%
- Profit Growth 216.65%
- Ebitda 17.43%
- Net Worth 151.26%
- Total Assets -18.14%
About Venus P P Varadharaju Spinning Mills
Venus P P Varadharaju Spinning Mills Private Limited (VPPVSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1989 and has a history of 35 years and two months. Its registered office is in Salem, Tamil Nadu, India.
The Corporate was formerly known as Swaminathan Spinning Mills Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.10 Cr and a paid-up capital of Rs 2.10 Cr.
The company currently has active open charges totaling ₹6.29 Cr. The company has closed loans amounting to ₹8.17 M, as per Ministry of Corporate Affairs (MCA) records.
Varadaraju Arun and Varadaraju Barath serve as directors at the Company.
Company Details
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Location
Salem, 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
U17111TZ1989PTC002531
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Company No.
002531
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Nov 1989
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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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 Venus P P Varadharaju Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varadaraju Barath
|
Managing Director | 01-Apr-2013 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Varadaraju Arun
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Director | 01-Apr-2013 | Current |
Financial Performance of Venus P P Varadharaju Spinning Mills.
Venus P P Varadharaju Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.45% increase. The company also saw a substantial improvement in profitability, with a 216.65% increase in profit. The company's net worth Soared by an impressive increase of 151.26%.
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What is the Ownership and Shareholding Structure of Venus P P Varadharaju Spinning Mills?
In 2022, Venus P P Varadharaju 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.
Charges (Loans)
₹6.29 Cr
₹0.82 Cr
Charges Breakdown by Lending Institutions
- Others : 6.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2024 | Others | ₹2.19 Cr | Open |
| 29 Mar 2006 | Others | ₹4.10 Cr | Open |
| 10 Sep 2001 | The Kanataka Bank Limited | ₹2.00 M | Satisfied |
| 03 Jan 1995 | The Kanataka Bank Limited | ₹6.17 M | Satisfied |
How Many Employees Work at Venus P P Varadharaju Spinning Mills?
Venus P P Varadharaju Spinning Mills has a workforce of 14 employees as of Apr 02, 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 Varadharaju 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 Varadharaju 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.
