Vijay Spinning Mills Ltd
Manufacturer of cotton/blended yarn in various counts, located in Andhra Pradesh. Established in 1962.
1962 | Krishna, Andhra Pradesh (India) | Active
Vijay Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.66 Cr
- Company Age 62 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.60 Cr
- Satisfied Charges ₹ 19.30 Cr
- Revenue Growth 10.93%
- Profit Growth -49.89%
- Ebitda -27.67%
- Net Worth -0.36%
- Total Assets -0.64%
About Vijay Spinning Mills
Vijay Spinning Mills Ltd (VSML) was founded in India on 19 October 1962 and has a glorious history of 62 years and six months.Its registered office is in Krishna, Andhra Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.66 Cr.
The company currently has active open charges totaling ₹7.60 Cr. The company has closed loans amounting to ₹19.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Meenakshisundareswari, Edupuganti Babu, and Chalasani Rao serve as directors at the Company.
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17110AP1962PLC000932
- Company No.
000932
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Oct 1962
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Manufacturing
Vijay Spinning Mills Ltd
Explore comprehensive data for Vijay Spinning Mills Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vijay Spinning Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meenakshisundareswari  | Managing Director | 28-Oct-2004 | Current |
| Edupuganti Babu | Managing Director | 19-Oct-1962 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chalasani Rao | Director | 21-Jan-1964 | Current |
Financial Performance of Vijay Spinning Mills.
Vijay Spinning Mills Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 10.93% increase. The company also saw a substantial fall in profitability, with a 49.89% decrease in profit. The company's net worth dipped by a decrease of 0.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vijay Spinning Mills?
In 2023, Vijay Spinning Mills had a promoter holding of 68.51% and a public holding of 31.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹7.60 Cr
Satisfied Charges
₹19.30 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 7.00 Cr
- Canara Bank : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2024 | Canara Bank | ₹6.00 M | Open |
| 31 Jul 2023 | Yes Bank Limited | ₹7.00 Cr | Open |
| 20 Sep 2018 | Others | ₹4.00 M | Satisfied |
| 10 Feb 2016 | Federal Bank Limited | ₹7.00 Cr | Satisfied |
| 08 Aug 2013 | Indian Overseas Bank | ₹3.50 Cr | Satisfied |
How Many Employees Work at Vijay Spinning Mills?
Vijay Spinning Mills has a workforce of 8 employees as of Apr 09, 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 Vijay 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 Vijay 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 Vijay Spinning Mills
Recent activity within the organization
- Annual General Meeting
Vijay Spinning Mills Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Charges
A charge with Canara Bank amounted to Rs. 0.60 Cr with Charge ID 100976626 was registered on 31 Aug 2024.
- Balance Sheet
Vijay Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 20 Sep 2018 via Charge ID 100216236 with Others was fully satisfied on 11 Aug 2023.
- Charges
A charge registered on 10 Feb 2016 via Charge ID 10624897 with Federal Bank Limited was fully satisfied on 10 Aug 2023.
- Charges
A charge with Yes Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100790008 was registered on 31 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Vijay Spinning Mills Ltd?
Vijay Spinning Mills Ltd was incorporated on 19 Oct 1962.
What is authorized share capital and paid-up capital of Vijay Spinning Mills Ltd?
The authorized share capital of Vijay Spinning Mills Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.66 Cr.
Who are the current board members & directors of Vijay Spinning Mills Ltd?
Currently 3 directors are associated with Vijay Spinning Mills Ltd.
- Meenakshisundareswari
- Edupuganti Butchi Babu
- Chalasani Gopala Rao
What is the registered address of Vijay Spinning Mills Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Vijay Spinning Mills Ltd is D.No.5-111-10, V.S.M. Quaters Ganguru India, Krishna, Andhra Pradesh, 521139.
What is the corporate identification number (CIN) and company number of Vijay Spinning Mills Ltd?
The corporate identification number (CIN) of Vijay Spinning Mills Ltd is U17110AP1962PLC000932 and the company number is 000932 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vijay Spinning Mills Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Vijay Spinning Mills Ltd has risen by 10.93%.
How many employees does Vijay Spinning Mills Ltd currently have?
As Per 2023 financial reports, 8 employees are currently employed by Vijay Spinning Mills Ltd.
What change has been observed in the net worth of Vijay Spinning Mills Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vijay Spinning Mills Ltd has experienced an downturn of -0.36%.
What are the total open charges for Vijay Spinning Mills Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Vijay Spinning Mills Ltd amount to ₹ 7.60 Cr.
When was the last Balance Sheet of Vijay Spinning Mills Ltd filed with the ROC?
The most recent Balance Sheet for Vijay Spinning Mills Ltd was filed with the ROC on 31 Mar 2024.
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