Vineet Polyfab Profile
Key Indicators
- Authorised Capital ₹ 4.25 Cr
- Paid Up Capital ₹ 3.92 Cr
- Company Age 15 Year, 4 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 four 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
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Location
Surat, Gujarat, 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
U17120GJ2009PTC058182
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Company No.
058182
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Sep 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Vineet Polyfab?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Agarwala
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Managing Director | 06-Feb-2012 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sarvesh Agarwal
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Whole-Time Director | 01-Jan-2014 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Manmade And Technical Textiles Export Promotion CouncilSarvesh Agarwal is a mutual person
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Texcope Private LimitedSanjay Agarwala is a mutual person
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Hilotex Global Private LimitedSanjay Agarwala is a mutual person
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Atlantia Yarns Private LimitedSarvesh Agarwal is a mutual person
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Atlantia Polyfab Private LimitedSarvesh Agarwal is a mutual person
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Vineet Synthetics Pvt Ltd
Sanjay Agarwala is a mutual person
Charges (Loans)
₹272.72 Cr
₹12.50 Cr
Charges Breakdown by Lending Institutions
- Others : 265.15 Cr
- Hdfc Bank Limited : 7.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Hdfc Bank Limited | ₹7.57 Cr | Open |
| 25 Nov 2021 | Others | ₹4.50 Cr | Open |
| 26 Jul 2021 | Others | ₹8.70 Cr | Open |
| 23 Jul 2012 | Others | ₹82.00 Cr | Open |
| 23 Jul 2012 | Others | ₹169.95 Cr | Open |
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.
Deals i
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
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.
