Vineet Sarees Private Limited

Sells a variety of designer, printed, and traditional sarees from New Delhi and Ghaziabad.

1996 | Delhi (India) | Active
Last Updated: December 13, 2024

Vineet Sarees Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -13.43%
  • Profit Growth -64.70%
  • Ebitda 370.32%
  • Net Worth -9.88%
  • Total Assets -2.78%

About Vineet Sarees

Vineet Sarees Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 1996 and has a history of 28 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.48 M, as per Ministry of Corporate Affairs (MCA) records.

Vineet Chhajer and Nirmal Chhajer serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vineetsarees.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109DL1996PTC077850

  • Company No.

    077850

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 1996

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

E-Commerce

What products or services does Vineet Sarees Private Limited offer?

Vineet Sarees Private Limited offers a wide range of products and services, including Embroidered Sarees, Silk Sarees, Kanchipuram Sarees, Designer Sarees, Fancy Sarees, Printed Sarees, Printed Georgette Saree, Handloom Sarees, Banarasi Sarees.

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

Executive Team (1)

Name Designation Appointment Date Status
Nirmal Chhajer Country flag representing In Managing Director 04-Apr-1996 Current

Board Members (1)

Name Designation Appointment Date Status
Vineet Chhajer Country flag representing In Whole-Time Director 30-Sep-2005 Current

Financial Performance of Vineet Sarees.

Vineet Sarees Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 13.43% decrease. The company also saw a substantial fall in profitability, with a 64.7% decrease in profit. The company's net worth dipped by a decrease of 9.88%.

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
-13.43%
Revenue from Operations
-8.54%
Total Assets
-2.78%
Profit or Loss
-64.70%
Net Worth
-9.88%
EBITDA
370.32%

What is the Ownership and Shareholding Structure of Vineet Sarees?

In 2019, Vineet Sarees 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vineet Sarees?

Unlock and access historical data on people associated with Vineet Sarees, 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 Sarees, 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 Sarees'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 Sarees

Recent activity within the organization

  • Annual General Meeting

    Vineet Sarees Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Vineet Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.

    31 Mar 2019

  • Director Appointment

    Vineet Chhajer was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2005 & has been associated with this company since 19 years 4 months .

    30 Sep 2005

  • Director Appointment

    Nirmal Kumar Chhajer was appointed as a Managing Director was appointed as a Managing Director on 04 Apr 1996 & has been associated with this company since 28 years 10 months .

    04 Apr 1996

  • Company Incorporation

    Vineet Sarees Private Limited was registered on 04 Apr 1996 with Roc Delhi & aged 28 years 10 months as per MCA records.

    04 Apr 1996

Frequently asked questions

  • Vineet Sarees Private Limited was incorporated on 04 Apr 1996.

  • The authorized share capital of Vineet Sarees Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.48 M.

  • Currently 2 directors are associated with Vineet Sarees Private Limited.

    • Vineet Chhajer
    • Nirmal Kumar Chhajer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vineet Sarees Private Limited is L-113 Lajpat Nagar-Ii India, New Delhi, 110024.

  • The corporate identification number (CIN) of Vineet Sarees Private Limited is U18109DL1996PTC077850 and the company number is 077850 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vineet Sarees Private Limited is https://www.vineetsarees.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Vineet Sarees Private Limited has fallen by -13.43%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Vineet Sarees Private Limited has experienced an downturn of -9.88%.

  • The most recent Balance Sheet for Vineet Sarees Private Limited was filed with the ROC on 31 Mar 2019.

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