Vineet Polyfab Private Limited

Produces a variety of polyester yarns, including dyed, textured, and twisted, since 2009 in Surat.

2009 | Surat, Gujarat (India) | Active
Last Updated:

Vineet Polyfab Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 3.92 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 272.72 Cr
  • Satisfied Charges ₹ 12.50 Cr
  • Revenue Growth 20.43%
  • Profit Growth -60.10%
  • Ebitda -43.47%
  • Net Worth 11.78%
  • Total Assets 9.00%

About Vineet Polyfab

Vineet Polyfab Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 September 2009 and has a history of 15 years and five 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 2023. It's a company limited by shares with an authorized capital of Rs 4.25 Cr and a paid-up capital of Rs 3.92 Cr.

The company currently has active open charges totaling ₹272.72 Cr. The company has closed loans amounting to ₹12.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sarvesh Agarwal and Sanjay Agarwala serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2009PTC058182

  • Company No.

    058182

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Vineet Polyfab Private Limited offer?

Vineet Polyfab Private Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Polyester Textured Yarn, Polyester Filament Yarn, Dyed Polyester Yarn, Draw Textured Yarn, Polyester Melange Yarn, Roto Yarn, Roto Dyed Yarn.

Company report

Vineet Polyfab Private Limited

Explore comprehensive data for Vineet Polyfab Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjay Agarwala Country flag representing In Managing Director06-Feb-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Sarvesh Agarwal Country flag representing In Whole-Time Director 01-Jan-2014Current

Financial Performance of Vineet Polyfab.

Vineet Polyfab Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.43% increase. The company also saw a substantial fall in profitability, with a 60.1% decrease in profit. The company's net worth Soared by an impressive increase of 11.78%.

Vineet Polyfab revenue growth over time
Vineet Polyfab 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
20.43%
Revenue from Operations
20.42%
Total Assets
9.00%
Profit or Loss
-60.10%
Net Worth
11.78%
EBITDA
-43.47%

What is the Ownership and Shareholding Structure of Vineet Polyfab?

In 2023, Vineet Polyfab 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

₹272.72 Cr

Satisfied Charges

₹12.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 265.15 Cr
  • Hdfc Bank Limited : 7.57 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Hdfc Bank Limited₹7.57 CrOpen
25 Nov 2021Others₹4.50 CrOpen
26 Jul 2021Others₹8.70 CrOpen
23 Jul 2012Others₹82.00 CrOpen
23 Jul 2012Others₹169.95 CrOpen

How Many Employees Work at Vineet Polyfab?

Vineet Polyfab has a workforce of 118 employees as of Apr 05, 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 Vineet Polyfab Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.57 Cr with Charge ID 100890171 was registered on 28 Mar 2024.

  • Charges

    A charge registered on 13 Oct 2022 via Charge ID 100615032 with Others was fully satisfied on 01 Jan 2024.

  • Annual General Meeting

    Vineet Polyfab Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 169.95 Cr registered on 23 Jul 2012 with Charge ID 10369176 was modified on 28 Jul 2023.

  • Balance Sheet

    Vineet Polyfab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 82.00 Cr registered on 23 Jul 2012 with Charge ID 10369175 was modified on 30 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Vineet Polyfab Private Limited?

    Vineet Polyfab Private Limited was incorporated on 24 Sep 2009.

  • What is authorized share capital and paid-up capital of Vineet Polyfab Private Limited?

    The authorized share capital of Vineet Polyfab Private Limited is ₹ 4.25 Cr and paid-up capital is ₹ 3.92 Cr.

  • Who are the current board members & directors of Vineet Polyfab Private Limited?

    Currently 2 directors are associated with Vineet Polyfab Private Limited.

    • Sarvesh Agarwal
    • Sanjay Kumar Agarwala

  • What is the registered address of Vineet Polyfab Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vineet Polyfab Private Limited is B - 303 International Commerce Centre Nr. Kadiwala School Ring Road, Surat, Gujarat, India, 395002.

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

    The corporate identification number (CIN) of Vineet Polyfab Private Limited is U17120GJ2009PTC058182 and the company number is 058182 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vineet Polyfab Private Limited?

    The Official website of Vineet Polyfab Private Limited is https://www.vineetpolyfab.com

  • What has been the recent revenue trend for Vineet Polyfab Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vineet Polyfab Private Limited has risen by 20.43%.

  • How many employees does Vineet Polyfab Private Limited currently have?

    As Per 2023 financial reports, 118 employees are currently employed by Vineet Polyfab Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Vineet Polyfab Private Limited has experienced an upsurge of 11.78%.

  • What are the total open charges for Vineet Polyfab Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vineet Polyfab Private Limited amount to ₹ 272.72 Cr.

  • When was the last Balance Sheet of Vineet Polyfab Private Limited filed with the ROC?

    The most recent Balance Sheet for Vineet Polyfab Private Limited was filed with the ROC on 31 Mar 2023.

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