Vineetaz Exports Pvt Ltd

Textile trading company offering a variety of scarfs and cotton garments since 1991.

1991 | Howrah, West Bengal (India) | Active
Last Updated: October 23, 2024

Vineetaz Exports Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.27 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.78 Cr
  • Satisfied Charges ₹ 199.41 Cr
  • Revenue Growth 42.13%
  • Profit Growth -487.11%
  • Ebitda 43.85%
  • Net Worth -2.57%
  • Total Assets -7.64%

About Vineetaz Exports

Vineetaz Exports Pvt Ltd (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 August 1991 and has a history of 33 years and five months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Home & Lifestyle 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 5.00 Cr and a paid-up capital of Rs 4.27 Cr.

The company currently has active open charges totaling ₹45.78 Cr. The company has closed loans amounting to ₹199.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bijay Mawandia, Bimal Mawandia, and Vinay Mawandia serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vineetaz.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17232WB1991PTC052885

  • Company No.

    052885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Home & Lifestyle

Who are the key members and board of directors at Vineetaz Exports?

Board Members (3)

Name Designation Appointment Date Status
Vinay Mawandia Country flag representing In Director 29-Aug-1991 Current
Bijay Mawandia Country flag representing In Director 29-Aug-1991 Current
Bimal Mawandia Country flag representing In Director 29-Aug-1991 Current

Financial Performance of Vineetaz Exports.

Vineetaz Exports Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 42.13% increase. The company also saw a substantial fall in profitability, with a 487.11% decrease in profit. The company's net worth dipped by a decrease of 2.57%.

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
42.13%
Revenue from Operations
343.89%
Total Assets
-7.64%
Profit or Loss
-487.11%
Net Worth
-2.57%
EBITDA
43.85%

What is the Ownership and Shareholding Structure of Vineetaz Exports?

In 2022, Vineetaz Exports 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

₹45.78 Cr

Satisfied Charges

₹199.41 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 45.69 Cr
  • Others : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
27 Aug 2020 Karnataka Bank Ltd. ₹1.39 Cr Open
30 Jun 2020 Karnataka Bank Ltd. ₹3.00 Cr Open
16 Aug 2017 Others ₹0.93 M Open
29 Jun 2009 Karnataka Bank Ltd. ₹41.30 Cr Open
18 Jan 2019 Karnataka Bank Ltd. ₹2.00 Cr Satisfied

How Many Employees Work at Vineetaz Exports?

Vineetaz Exports has a workforce of 3 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vineetaz Exports, 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 Vineetaz Exports'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 Vineetaz Exports

Recent activity within the organization

  • Annual General Meeting

    Vineetaz Exports Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vineetaz Exports Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 1.39 Cr registered on 27 Aug 2020 with Charge ID 100374690 was modified on 28 Jun 2021.

    28 Jun 2021

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 3.00 Cr registered on 30 Jun 2020 with Charge ID 100354771 was modified on 28 Jun 2021.

    28 Jun 2021

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 41.30 Cr registered on 29 Jun 2009 with Charge ID 10171530 was modified on 28 Jun 2021.

    28 Jun 2021

  • Charges

    A charge registered on 18 Jan 2019 via Charge ID 100237186 with Karnataka Bank Ltd. was fully satisfied on 28 Jan 2021.

    28 Jan 2021

Frequently asked questions

  • Vineetaz Exports Pvt Ltd was incorporated on 29 Aug 1991.

  • The authorized share capital of Vineetaz Exports Pvt Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.27 Cr.

  • Currently 3 directors are associated with Vineetaz Exports Pvt Ltd.

    • Bijay Mawandia
    • Bimal Mawandia
    • Vinay Mawandia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vineetaz Exports Pvt Ltd is 24/25 Moulana Abul Kalam Azad Road Flat No.6H, 6Th Floor India, Howrah, West Bengal, 711101.

  • The corporate identification number (CIN) of Vineetaz Exports Pvt Ltd is U17232WB1991PTC052885 and the company number is 052885 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vineetaz Exports Pvt Ltd is https://www.vineetaz.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vineetaz Exports Pvt Ltd has risen by 42.13%.

  • As Per 2023 financial reports, 3 employees are currently employed by Vineetaz Exports Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vineetaz Exports Pvt Ltd has experienced an downturn of -2.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vineetaz Exports Pvt Ltd amount to ₹ 45.78 Cr.

  • The most recent Balance Sheet for Vineetaz Exports Pvt Ltd was filed with the ROC on 31 Mar 2023.