Vip Clothing Limited

Manufactures innerwear under a well-known brand with multiple facilities and a strong distribution network.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Vip Clothing Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 18.03 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 102.15 Cr
  • Satisfied Charges ₹ 266.31 Cr
  • Revenue Growth 27.83%
  • Profit Growth -111.69%
  • Ebitda 76.05%
  • Net Worth -1.23%
  • Total Assets 5.41%

About Vip Clothing

Vip Clothing Limited (VCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 January 1991 and has a history of 34 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532613 and on the National Stock Exchange(NSE) under VIPCLOTHNG.

The Corporate was formerly known as Maxwell Apparels Industries Private Limited. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 18.03 Cr.

The company currently has active open charges totaling ₹102.15 Cr. The company has closed loans amounting to ₹266.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vip Clothing Limited India are Devendra Vyas as CFO and Rahul Soni as Company Secretary. Sunil Pathare, Kapil Pathare, Meher Castelino, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L18101MH1991PLC059804

  • Company No.

    059804

  • Stock Symbol

    BSE : 532613 NSE : VIPCLOTHNG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 1991

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

What products or services does Vip Clothing Limited offer?

Vip Clothing Limited offers a wide range of products and services, including Men Underwear and Briefs, Trunks.

Who are the key members and board of directors at Vip Clothing?

Executive Team (3)

NameDesignationAppointment DateStatus
Sunil Pathare Country flag representing In Managing Director29-Sep-1992Current
Devendra Vyas CFO13-Aug-2020Current
Rahul Soni Company Secretary03-Sep-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Meher Castelino Country flag representing In Director 24-Mar-2015Current
Kapil Pathare Country flag representing In Whole-Time Director 15-Sep-2002Current
Vilas Gupte Country flag representing In Director 15-Feb-2024Current
Vandana Bhardwaj Country flag representing In Director 14-Feb-2024Current
Kishor Navandar Country flag representing In Director 13-Feb-2024Current

Financial Performance of Vip Clothing.

Vip Clothing Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.83% increase. The company also saw a substantial fall in profitability, with a 111.69% decrease in profit. The company's net worth dipped by a decrease of 1.23%.

Vip Clothing revenue growth over time
Vip Clothing 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
27.83%
Revenue from Operations
27.05%
Total Assets
5.41%
Profit or Loss
-111.69%
Net Worth
-1.23%
EBITDA
76.05%

What is the Ownership and Shareholding Structure of Vip Clothing?

In 2023, Vip Clothing had a promoter holding of 49.58% and a public holding of 50.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹102.15 Cr

Satisfied Charges

₹266.31 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 101.68 Cr
  • Others : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2024Others₹2.80 MOpen
28 Jun 2024Others₹1.90 MOpen
16 Nov 2010State Bank Of India₹101.68 CrOpen
25 Mar 2021Idbi Bank Limited₹2.80 CrSatisfied
25 Jun 2015Rbl Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Vip Clothing?

Vip Clothing has a workforce of 362 employees as of Apr 06, 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 Vip Clothing Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vip Clothing, 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 Vip Clothing'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 Vip Clothing

Recent activity within the organization

  • Annual General Meeting

    Vip Clothing Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Rahul Dwaraka Soni was appointed as a Company Secretary was appointed as a Company Secretary on 03 Sep 2024 & has been associated with this company since 6 months 24 days .

  • Charges

    A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100980940 was registered on 24 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100981511 was registered on 28 Jun 2024.

  • Balance Sheet

    Vip Clothing Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Vilas Chandrakant Gupte was appointed as a Director was appointed as a Director on 15 Feb 2024 & has been associated with this company since 1 year 1 month .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Vip Clothing Limited?

    Vip Clothing Limited was incorporated on 14 Jan 1991.

  • What is authorized share capital and paid-up capital of Vip Clothing Limited?

    The authorized share capital of Vip Clothing Limited is ₹ 75.00 Cr and paid-up capital is ₹ 18.03 Cr.

  • Who are the current board members & directors of Vip Clothing Limited?

    Currently 8 directors are associated with Vip Clothing Limited.

    • Sunil Jaykumar Pathare
    • Kapil Jaykumar Pathare
    • Meher Bruno Castelino
    • Vilas Chandrakant Gupte
    • Devendra Vyas
    • Rahul Dwaraka Soni
    • Vandana Kumari Bhardwaj
    • Kishor Somnath Navandar

  • What is the registered address of Vip Clothing Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vip Clothing Limited is C-6 Road No 22Midc Marol Andheri East India, Mumbai, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Vip Clothing Limited?

    The corporate identification number (CIN) of Vip Clothing Limited is L18101MH1991PLC059804 and the company number is 059804 as per Ministry of Corporate Affairs (MCA).

  • Is Vip Clothing Limited registered with any stock exchange in India?

    Yes, Vip Clothing Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): VIPCLOTHNG.

  • What is the official website of Vip Clothing Limited?

    The Official website of Vip Clothing Limited is https://www.vipclothing.in

  • What has been the recent revenue trend for Vip Clothing Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vip Clothing Limited has risen by 27.83%.

  • How many employees does Vip Clothing Limited currently have?

    As Per 2022 financial reports, 362 employees are currently employed by Vip Clothing Limited.

  • What change has been observed in the net worth of Vip Clothing Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Vip Clothing Limited has experienced an downturn of -1.23%.

  • What are the total open charges for Vip Clothing Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Vip Clothing Limited amount to ₹ 102.15 Cr.

  • When was the last Balance Sheet of Vip Clothing Limited filed with the ROC?

    The most recent Balance Sheet for Vip Clothing Limited was filed with the ROC on 31 Mar 2024.

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