Vineet Fibers Pvt Ltd

Manufactures and trades natural and synthetic fibers, yarns, and cloth. Established in 1993 in Surat, Gujarat.

1993 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Vineet Fibers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.90 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 219.66 Cr
  • Revenue Growth 67.74%
  • Profit Growth 206.14%
  • Ebitda 80.62%
  • Net Worth 15.50%
  • Total Assets 11.79%

About Vineet Fibers

Vineet Fibers Pvt Ltd (VFPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 1993 and has a history of 31 years and eight months. Its registered office is in Surat, Gujarat, 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 2.50 M and a paid-up capital of Rs 1.90 M.

The company currently has active open charges totaling ₹219.66 Cr.

Omprakash Agrawal, Godavari Agrawal, and Samarth Agrawal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1993PTC019441

  • Company No.

    019441

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 1993

  • Date of AGM

    05 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Vineet Fibers?

Board Members (3)

Name Designation Appointment Date Status
Omprakash Agrawal Country flag representing In Director 12-May-1993 Current
Godavari Agrawal Country flag representing In Director 04-Dec-2013 Current
Samarth Agrawal Country flag representing In Director 25-Jan-2019 Current

Financial Performance of Vineet Fibers.

Vineet Fibers Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 67.74% increase. The company also saw a substantial improvement in profitability, with a 206.14% increase in profit. The company's net worth Soared by an impressive increase of 15.5%.

Graph illustrating revenue growth over time
Graph showing 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
67.74%
Revenue from Operations
Total Assets
11.79%
Profit or Loss
206.14%
Net Worth
15.50%
EBITDA
80.62%

What is the Ownership and Shareholding Structure of Vineet Fibers?

In 2023, Vineet Fibers had a promoter holding of 96.06% and a public holding of 3.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,196.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 219.66 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2017 Others ₹219.66 Cr Open

How Many Employees Work at Vineet Fibers?

Unlock and access historical data on people associated with Vineet Fibers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vineet Fibers, 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 Vineet Fibers'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 Vineet Fibers

Recent activity within the organization

  • Annual General Meeting

    Vineet Fibers Pvt Ltd last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.

    05 Aug 2024

  • Balance Sheet

    Vineet Fibers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 2,196.60 M registered on 14 Feb 2017 with Charge ID 100077717 was modified on 22 Mar 2024.

    22 Mar 2024

  • Director Appointment

    Samarth Sumit Agrawal was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 6 years 8 days .

    25 Jan 2019

  • Charges

    A charge with Others amounted to Rs. 2,196.60 M with Charge ID 100077717 was registered on 14 Feb 2017.

    14 Feb 2017

  • Director Appointment

    Godavari Omprakash Agrawal was appointed as a Director was appointed as a Director on 04 Dec 2013 & has been associated with this company since 11 years 2 months .

    04 Dec 2013

Frequently asked questions

  • Vineet Fibers Pvt Ltd was incorporated on 12 May 1993.

  • The authorized share capital of Vineet Fibers Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.90 M.

  • Currently 3 directors are associated with Vineet Fibers Pvt Ltd.

    • Omprakash Bholaram Agrawal
    • Godavari Omprakash Agrawal
    • Samarth Sumit Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vineet Fibers Pvt Ltd is B-403 International Trade Centre Majura Gate, Ring Road India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Vineet Fibers Pvt Ltd is U17119GJ1993PTC019441 and the company number is 019441 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vineet Fibers Pvt Ltd is https://www.saanikaindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vineet Fibers Pvt Ltd has risen by 67.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vineet Fibers Pvt Ltd has experienced an upsurge of 15.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vineet Fibers Pvt Ltd amount to ₹ 219.66 Cr.

  • The most recent Balance Sheet for Vineet Fibers Pvt Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production