Vineet Synthetics Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 8.03 M
- Company Age 34 Year, 14 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 185.85 Cr
- Satisfied Charges ₹ 3.49 Cr
- Revenue Growth 3.94%
- Profit Growth -54.69%
- Ebitda -50.85%
- Net Worth 3.82%
- Total Assets -0.67%
About Vineet Synthetics
Vineet Synthetics Pvt Ltd (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 1991 and has a history of 34 years. 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 8.50 M and a paid-up capital of Rs 8.03 M.
The company currently has active open charges totaling ₹185.85 Cr. The company has closed loans amounting to ₹3.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Agarwala and Anju Agarwal 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
U17119GJ1991PTC015131
- Company No.
015131
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Feb 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Packaging
What products or services does Vineet Synthetics Pvt Ltd offer?
Vineet Synthetics Pvt Ltd offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Yarn, Natural Fiber Yarns.
Vineet Synthetics Pvt Ltd
Explore comprehensive data for Vineet Synthetics Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vineet Synthetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Agarwala  | Managing Director | 01-Jan-2014 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anju Agarwal | Whole-Time Director | 04-Aug-2003 | Current |
Financial Performance of Vineet Synthetics.
Vineet Synthetics Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 3.94% increase. The company also saw a substantial fall in profitability, with a 54.69% decrease in profit. The company's net worth moved up by a moderate rise of 3.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vineet Synthetics?
In 2023, Vineet Synthetics 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)
Texcope Private LimitedSanjay Agarwala is a mutual person
Hilotex Global Private LimitedSanjay Agarwala is a mutual person
Atlantia Yarns Private LimitedAnju Agarwal is a mutual person
- Vineet Polyfab Private Limited
Sanjay Agarwala is a mutual person
- Atlantia Polyfab Private Limited
Anju Agarwal is a mutual person
Hilotex International Private LimitedSanjay Agarwala is a mutual person
Charges (Loans)
Open Charges
₹1,858.50 M
Satisfied Charges
₹34.90 M
Charges Breakdown by Lending Institutions
- Others : 177.85 Cr
- Axis Bank Limited : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2023 | Axis Bank Limited | ₹8.00 Cr | Open |
| 20 Dec 2003 | Others | ₹177.85 Cr | Open |
| 22 Mar 2019 | The South Indian Bank Limited | ₹3.00 Cr | Satisfied |
| 01 Sep 1995 | Dena Bank | ₹4.90 M | Satisfied |
How Many Employees Work at Vineet Synthetics?
Vineet Synthetics has a workforce of 19 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 Synthetics, 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 Synthetics'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.
Latest Updates, News, and FAQs on Vineet Synthetics
Recent activity within the organization
- Charges
A charge with Others of Rs. 1,778.50 M registered on 20 Dec 2003 with Charge ID 90095357 was modified on 12 Aug 2024.
- Annual General Meeting
Vineet Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 80.00 M registered on 02 Jun 2023 with Charge ID 100725769 was modified on 14 Jul 2023.
- Charges
A charge registered on 22 Mar 2019 via Charge ID 100251068 with The South Indian Bank Limited was fully satisfied on 07 Jul 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 80.00 M with Charge ID 100725769 was registered on 02 Jun 2023.
- Balance Sheet
Vineet Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Frequently asked questions
What is the Incorporation or founding date of Vineet Synthetics Pvt Ltd?
Vineet Synthetics Pvt Ltd was incorporated on 27 Feb 1991.
What is authorized share capital and paid-up capital of Vineet Synthetics Pvt Ltd?
The authorized share capital of Vineet Synthetics Pvt Ltd is ₹ 8.50 M and paid-up capital is ₹ 8.03 M.
Who are the current board members & directors of Vineet Synthetics Pvt Ltd?
Currently 2 directors are associated with Vineet Synthetics Pvt Ltd.
- Sanjay Kumar Agarwala
- Anju Sanjay Agarwal
What is the registered address of Vineet Synthetics Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Vineet Synthetics Pvt Ltd is B - 303 International Commerce Centre Nr. Kadiwala School Ring Road, India, Surat, Gujarat, 395002.
What is the corporate identification number (CIN) and company number of Vineet Synthetics Pvt Ltd?
The corporate identification number (CIN) of Vineet Synthetics Pvt Ltd is U17119GJ1991PTC015131 and the company number is 015131 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vineet Synthetics Pvt Ltd?
The Official website of Vineet Synthetics Pvt Ltd is https://www.vineetpolyfab.com
What has been the recent revenue trend for Vineet Synthetics Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Vineet Synthetics Pvt Ltd has risen by 3.94%.
How many employees does Vineet Synthetics Pvt Ltd currently have?
As Per 2023 financial reports, 19 employees are currently employed by Vineet Synthetics Pvt Ltd.
What change has been observed in the net worth of Vineet Synthetics Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vineet Synthetics Pvt Ltd has experienced an upsurge of 3.82%.
What are the total open charges for Vineet Synthetics Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Vineet Synthetics Pvt Ltd amount to ₹ 185.85 Cr.
When was the last Balance Sheet of Vineet Synthetics Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Vineet Synthetics Pvt Ltd was filed with the ROC on 31 Mar 2023.
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