Venus Polythread Private Limited

Textile manufacturing and trading of various fibers and fabrics.

2020 | Valsad, Gujarat (India) | Active
Last Updated: November 01, 2024

Venus Polythread Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.35 Cr
  • Company Age 5 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.98 Cr
  • Revenue Growth 97.84%
  • Profit Growth 362.34%
  • Ebitda 251.25%
  • Net Worth 18.61%
  • Total Assets 18.95%

About Venus Polythread

Venus Polythread Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 February 2020 (Five years 11 days old ). Its registered office is in Valsad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.35 Cr.

The company currently has active open charges totaling ₹4.98 Cr.

Parkash Mehta, Milankumar Sheth, Jigna Sheth, and One other member serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17309GJ2020PTC112611

  • Company No.

    112611

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Venus Polythread Private Limited offer?

Venus Polythread Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Yarns & Threads, Filament Yarn.

Who are the key members and board of directors at Venus Polythread?

Board Members (4)

NameDesignationAppointment DateStatus
Parkash Mehta Country flag representing In Director 10-Feb-2020Current
Milankumar Sheth Country flag representing In Director 10-Feb-2020Current
Jigna Sheth Country flag representing In Director 10-Feb-2020Current
Dharam Pal Country flag representing In Director 05-Aug-2020Current

Financial Performance of Venus Polythread.

Venus Polythread Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 97.84% increase. The company also saw a substantial improvement in profitability, with a 362.34% increase in profit. The company's net worth Soared by an impressive increase of 18.61%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
97.84%
Revenue from Operations
98.08%
Total Assets
18.95%
Profit or Loss
362.34%
Net Worth
18.61%
EBITDA
251.25%

What is the Ownership and Shareholding Structure of Venus Polythread?

Unlock access to Venus Polythread's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.98 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.98 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2021State Bank Of India₹4.98 CrOpen

How Many Employees Work at Venus Polythread?

Unlock and access historical data on people associated with Venus Polythread, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venus Polythread, 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 Polythread's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Polythread

Recent activity within the organization

  • Annual General Meeting

    Venus Polythread Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Venus Polythread Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.98 Cr registered on 11 Feb 2021 with Charge ID 100413584 was modified on 11 Jan 2022.

    11 Jan 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.98 Cr with Charge ID 100413584 was registered on 11 Feb 2021.

    11 Feb 2021

  • Director Appointment

    Dharam Pal was appointed as a Director was appointed as a Director on 05 Aug 2020 & has been associated with this company since 4 years 6 months .

    05 Aug 2020

  • Director Appointment

    Parkash Wati Mehta was appointed as a Director was appointed as a Director on 10 Feb 2020 & has been associated with this company since 5 years 11 days .

    10 Feb 2020

Frequently asked questions

  • Venus Polythread Private Limited was incorporated on 10 Feb 2020.

  • The authorized share capital of Venus Polythread Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.35 Cr.

  • Currently 4 directors are associated with Venus Polythread Private Limited.

    • Parkash Wati Mehta
    • Milankumar Jayeshkumar Sheth
    • Jigna Milanbhai Sheth
    • Dharam Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venus Polythread Private Limited is Office No. 606 6Th Floor Fortune Square-Ii Building Near Primary School, Chala India, Vapi, Gujarat, 396191.

  • The corporate identification number (CIN) of Venus Polythread Private Limited is U17309GJ2020PTC112611 and the company number is 112611 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venus Polythread Private Limited has risen by 97.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venus Polythread Private Limited has experienced an upsurge of 18.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venus Polythread Private Limited amount to ₹ 4.98 Cr.

  • The most recent Balance Sheet for Venus Polythread Private Limited was filed with the ROC on 31 Mar 2023.

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