Vip Clothing Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 18.03 Cr
- Company Age 34 Year, 1 Month
- 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 one month. 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Pathare  | Managing Director | 29-Sep-1992 | Current |
| Devendra Vyas | CFO | 13-Aug-2020 | Current |
| Rahul Soni | Company Secretary | 03-Sep-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Meher Castelino | Director | 24-Mar-2015 | Current |
| Kapil Pathare | Whole-Time Director | 15-Sep-2002 | Current |
| Vilas Gupte | Director | 15-Feb-2024 | Current |
| Vandana Bhardwaj | Director | 14-Feb-2024 | Current |
| Kishor Navandar | Director | 13-Feb-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Romakk Chemicals Private LimitedMeher Castelino is a mutual person
Gujarat Themis Biosyn LtdRahul Soni is a mutual person
Tristar Intermediates Private LimitedMeher Castelino is a mutual person
Maxwell Venture Private LimitedSunil Pathare and Kapil Pathare are mutual person
- Maxwell Capital Management Private Limited
Sunil Pathare and Kapil Pathare are mutual person
- Maxwell Health & Hygiene Private Limited
Sunil Pathare and Kapil Pathare are mutual person
Charges (Loans)
₹102.15 Cr
₹266.31 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 101.68 Cr
- Others : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2024 | Others | ₹2.80 M | Open |
| 28 Jun 2024 | Others | ₹1.90 M | Open |
| 16 Nov 2010 | State Bank Of India | ₹101.68 Cr | Open |
| 25 Mar 2021 | Idbi Bank Limited | ₹2.80 Cr | Satisfied |
| 25 Jun 2015 | Rbl Bank Limited | ₹5.00 Cr | Satisfied |
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.
Deals i
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
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.
