Vikash Polyweaves Private Limited

Textile manufacturing and trading company specializing in various fibers and fabrics.

2003 | Surat, Gujarat (India) | Merged
Last Updated:

Vikash Polyweaves Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.03 M
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 27.34 Cr
  • Revenue Growth -63.90%
  • Profit Growth -21.10%
  • Ebitda 69.97%
  • Net Worth 0.41%
  • Total Assets -4.28%

About Vikash Polyweaves

Vikash Polyweaves Private Limited (VPPL) is Amalgamated company established on 09 Sep 2003 with its office registered at and has been running since 21 Year, 6 Months with a paid up capital of 6.03 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location Surat, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ2003PTC042882

  • Company No.

    042882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2003

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Vikash Polyweaves?

Board Members (2)

NameDesignationAppointment DateStatus
Rameshkumar Jindal Country flag representing In Director 19-Sep-2003Current
Neelam Jindal Country flag representing In Director 05-Feb-2018Current

Financial Performance of Vikash Polyweaves.

Vikash Polyweaves Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 63.9% decrease. The company also saw a substantial fall in profitability, with a 21.1% decrease in profit. The company's net worth moved up by a moderate rise of 0.41%.

Vikash Polyweaves revenue growth over time
Vikash Polyweaves 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
-63.90%
Revenue from Operations
-66.65%
Total Assets
-4.28%
Profit or Loss
-21.10%
Net Worth
0.41%
EBITDA
69.97%

What is the Ownership and Shareholding Structure of Vikash Polyweaves?

In 2019, Vikash Polyweaves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹27.34 Cr

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 26.66 Cr
  • Kotak Mahindra Bank Limited : 0.68 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2016Kotak Mahindra Bank Limited₹6.80 MSatisfied
04 Sep 2014Oriental Bank Of Commerce₹1.43 CrSatisfied
17 Mar 2012Oriental Bank Of Commerce₹12.14 CrSatisfied
19 Jan 2006Oriental Bank Of Commerce₹7.23 MSatisfied
10 Jan 2004Oriental Bank Of Commerce₹11.76 CrSatisfied

How Many Employees Work at Vikash Polyweaves?

Vikash Polyweaves has a workforce of 8 employees as of Apr 02, 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 Vikash Polyweaves Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikash Polyweaves, 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 Vikash Polyweaves'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 Vikash Polyweaves

Recent activity within the organization

  • Annual General Meeting

    Vikash Polyweaves Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Vikash Polyweaves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

  • Charges

    A charge registered on 28 Jan 2016 via Charge ID 10624701 with Kotak Mahindra Bank Limited was fully satisfied on 10 May 2018.

  • Director Appointment

    Neelam Praveen Jindal was appointed as a Director was appointed as a Director on 05 Feb 2018 & has been associated with this company since 7 years 1 month .

  • Charges

    A charge registered on 04 Sep 2014 via Charge ID 10522753 with Oriental Bank Of Commerce was fully satisfied on 09 Feb 2016.

  • Charges

    A charge registered on 17 Mar 2012 via Charge ID 10343569 with Oriental Bank Of Commerce was fully satisfied on 09 Feb 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Vikash Polyweaves Private Limited?

    Vikash Polyweaves Private Limited was incorporated on 09 Sep 2003.

  • What is authorized share capital and paid-up capital of Vikash Polyweaves Private Limited?

    The authorized share capital of Vikash Polyweaves Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.03 M.

  • Who are the current board members & directors of Vikash Polyweaves Private Limited?

    Currently 2 directors are associated with Vikash Polyweaves Private Limited.

    • Rameshkumar Mangeram Jindal
    • Neelam Praveen Jindal

  • What is the registered address of Vikash Polyweaves Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikash Polyweaves Private Limited is 5047Trade House Ring Road India, Surat, Gujarat.

  • What is the corporate identification number (CIN) and company number of Vikash Polyweaves Private Limited?

    The corporate identification number (CIN) of Vikash Polyweaves Private Limited is U17119GJ2003PTC042882 and the company number is 042882 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vikash Polyweaves Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Vikash Polyweaves Private Limited has fallen by -63.90%.

  • How many employees does Vikash Polyweaves Private Limited currently have?

    As Per 2020 financial reports, 8 employees are currently employed by Vikash Polyweaves Private Limited.

  • What change has been observed in the net worth of Vikash Polyweaves Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Vikash Polyweaves Private Limited has experienced an upsurge of 0.41%.

  • When was the last Balance Sheet of Vikash Polyweaves Private Limited filed with the ROC?

    The most recent Balance Sheet for Vikash Polyweaves Private Limited was filed with the ROC on 31 Mar 2020.

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