Vijay Velavan Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 6.80 Cr
- Paid Up Capital ₹ 6.80 Cr
- Company Age 20 Year, 9 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 nine 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
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Location
Erode, 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
U17111TZ2004PTC011076
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Company No.
011076
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Apr 2004
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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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Alagarasan
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Managing Director | 07-Apr-2004 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Alagarasan Banumathi
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Director | 07-Apr-2004 | Current |
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Alagarasan Arun
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Whole-Time Director | 19-Nov-2010 | Current |
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Alagarasan Vishnupriya
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Director | 05-Mar-2012 | Current |
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%.
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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.
Charges (Loans)
₹38.44 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 38.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2005 | State Bank Of India | ₹38.44 Cr | Open |
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.
Deals i
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
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.
