Vijay Velavan Spinning Mills Private Limited

Textile manufacturing company with spinning, fabric, garment, and compacting units, exporting to garment manufacturers and trading houses.

2004 | Erode, Tamil Nadu (India) | Active
Last Updated:

Vijay Velavan Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.80 Cr
  • Paid Up Capital ₹ 6.80 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.44 Cr
  • Revenue Growth 21.28%
  • Profit Growth 145.38%
  • Ebitda 81.07%
  • Net Worth 20.66%
  • Total Assets 13.62%

About Vijay Velavan Spinning Mills

Vijay Velavan Spinning Mills Private Limited (VVSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2004 and has a history of 20 years and ten months. Its registered office is in Erode, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.80 Cr and a paid-up capital of Rs 6.80 Cr.

The company currently has active open charges totaling ₹38.44 Cr.

Alagarasan Banumathi, Alagarasan Arun, Alagarasan Vishnupriya, and One other member serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velavanmills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2004PTC011076

  • Company No.

    011076

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Vijay Velavan Spinning Mills Private Limited offer?

Vijay Velavan Spinning Mills Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Stretch Fabric, Yarns & Threads, Cotton Yarn, Jersey & Knitted Fabric, Cotton Fabric, Cotton Knit Fabric, Jersey Fabric, Natural Fiber Yarns.

Who are the key members and board of directors at Vijay Velavan Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramasamy Alagarasan Country flag representing In Managing Director07-Apr-2004Current

Board Members (3)

NameDesignationAppointment DateStatus
Alagarasan Banumathi Country flag representing In Director 07-Apr-2004Current
Alagarasan Arun Country flag representing In Whole-Time Director 19-Nov-2010Current
Alagarasan Vishnupriya Country flag representing In Director 05-Mar-2012Current

Financial Performance of Vijay Velavan Spinning Mills.

Vijay Velavan Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.28% increase. The company also saw a substantial improvement in profitability, with a 145.38% increase in profit. The company's net worth Soared by an impressive increase of 20.66%.

Vijay Velavan Spinning Mills revenue growth over time
Vijay Velavan Spinning Mills 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
21.28%
Revenue from Operations
21.24%
Total Assets
13.62%
Profit or Loss
145.38%
Net Worth
20.66%
EBITDA
81.07%

What is the Ownership and Shareholding Structure of Vijay Velavan Spinning Mills?

In 2022, Vijay Velavan Spinning Mills had a promoter holding of 83.43% and a public holding of 16.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 38.44 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2005State Bank Of India₹38.44 CrOpen

How Many Employees Work at Vijay Velavan Spinning Mills?

Vijay Velavan Spinning Mills has a workforce of 66 employees as of Apr 08, 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.

Employee growth trends for Vijay Velavan Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vijay Velavan 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 Velavan Spinning Mills'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 Vijay Velavan Spinning Mills

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 38.44 Cr registered on 24 Jan 2005 with Charge ID 90004573 was modified on 11 Nov 2024.

  • Annual General Meeting

    Vijay Velavan Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vijay Velavan Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Director Appointment

    Alagarasan Shri Vishnupriya was appointed as a Director was appointed as a Director on 05 Mar 2012 & has been associated with this company since 12 years 11 months .

  • Director Appointment

    Alagarasan Arun was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 19 Nov 2010 & has been associated with this company since 14 years 3 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 38.44 Cr with Charge ID 90004573 was registered on 24 Jan 2005.

Frequently asked questions

  • What is the Incorporation or founding date of Vijay Velavan Spinning Mills Private Limited?

    Vijay Velavan Spinning Mills Private Limited was incorporated on 07 Apr 2004.

  • What is authorized share capital and paid-up capital of Vijay Velavan Spinning Mills Private Limited?

    The authorized share capital of Vijay Velavan Spinning Mills Private Limited is ₹ 6.80 Cr and paid-up capital is ₹ 6.80 Cr.

  • Who are the current board members & directors of Vijay Velavan Spinning Mills Private Limited?

    Currently 4 directors are associated with Vijay Velavan Spinning Mills Private Limited.

    • Alagarasan Banumathi
    • Alagarasan Arun
    • Alagarasan Shri Vishnupriya
    • Ramasamy Alagarasan

  • What is the registered address of Vijay Velavan Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vijay Velavan Spinning Mills Private Limited is 162/1A Trichy Road South Avinashipalayam Post S Velayutham Palayam India, Pongalur, Tamil Nadu, 638660.

  • What is the corporate identification number (CIN) and company number of Vijay Velavan Spinning Mills Private Limited?

    The corporate identification number (CIN) of Vijay Velavan Spinning Mills Private Limited is U17111TZ2004PTC011076 and the company number is 011076 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vijay Velavan Spinning Mills Private Limited?

    The Official website of Vijay Velavan Spinning Mills Private Limited is https://www.velavanmills.com

  • What has been the recent revenue trend for Vijay Velavan Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vijay Velavan Spinning Mills Private Limited has risen by 21.28%.

  • How many employees does Vijay Velavan Spinning Mills Private Limited currently have?

    As Per 2022 financial reports, 66 employees are currently employed by Vijay Velavan Spinning Mills Private Limited.

  • What change has been observed in the net worth of Vijay Velavan Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Vijay Velavan Spinning Mills Private Limited has experienced an upsurge of 20.66%.

  • What are the total open charges for Vijay Velavan Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Vijay Velavan Spinning Mills Private Limited amount to ₹ 38.44 Cr.

  • When was the last Balance Sheet of Vijay Velavan Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Vijay Velavan Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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