Venus Texspin Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 13.42 Cr
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 61.55 Cr
- Satisfied Charges ₹ 40.50 Cr
- Revenue Growth 21.14%
- Profit Growth -68.71%
- Ebitda -26.88%
- Net Worth 6.20%
- Total Assets 9.83%
About Venus Texspin
Venus Texspin Limited (VTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 May 2007 and has a history of 17 years and eight months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Venus Texspin 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 2022. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 13.42 Cr.
The company currently has active open charges totaling ₹61.55 Cr. The company has closed loans amounting to ₹40.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Avinisha Gupta, Anup Daruka, and Yoovesh Daruka serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, 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
U17299PB2007PLC031179
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Company No.
031179
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 May 2007
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Date of AGM
30 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 Chandigarh
Industry
Who are the key members and board of directors at Venus Texspin?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avinisha Gupta
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Additional Director | 09-Jan-2023 | Current |
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Anup Daruka
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Additional Director | 09-Jan-2023 | Current |
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Yoovesh Daruka
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Additional Director | 09-Jan-2023 | Current |
Financial Performance of Venus Texspin.
Venus Texspin Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 21.14% increase. The company also saw a substantial fall in profitability, with a 68.71% decrease in profit. The company's net worth moved up by a moderate rise of 6.2%.
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What is the Ownership and Shareholding Structure of Venus Texspin?
In 2021, Venus Texspin 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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Gautam Terrytech LimitedAvinisha Gupta is a mutual person
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Starwood Solutions Private Limited
Avinisha Gupta is a mutual person
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3Dswm Texere Private Limited
Anup Daruka and Yoovesh Daruka are mutual person
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Swm Textiles Private Limited
Anup Daruka is a mutual person
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Grh Global Private Limited
Anup Daruka is a mutual person
Charges (Loans)
₹61.55 Cr
₹40.50 Cr
Charges Breakdown by Lending Institutions
- Others : 61.35 Cr
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2022 | Hdfc Bank Limited | ₹2.00 M | Open |
| 16 Oct 2013 | Others | ₹61.35 Cr | Open |
| 08 Jan 2014 | Aditya Birla Finance Limited | ₹2.80 Cr | Satisfied |
| 04 Mar 2011 | Uco Bank | ₹1.00 Cr | Satisfied |
| 02 Jul 2008 | Uco Bank | ₹36.70 Cr | Satisfied |
How Many Employees Work at Venus Texspin?
Venus Texspin has a workforce of 21 employees as of Apr 07, 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 Texspin, 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 Texspin'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.
