Vippy Spin Pro Limited

Produces high-quality cotton yarn using advanced spinning technology for various textile applications.

1992 | Indore, Madhya Pradesh (India) | Active
Last Updated: October 23, 2024

Vippy Spin Pro Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.87 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 103.30 Cr
  • Satisfied Charges ₹ 54.33 Cr
  • Revenue Growth 12.06%
  • Profit Growth -11.95%
  • Ebitda -0.91%
  • Net Worth 18.11%
  • Total Assets 41.55%

About Vippy Spin Pro

Vippy Spin Pro Limited (VSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 April 1992 and has a history of 32 years and ten months. Its registered office is in Indore, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514302.

The Company is engaged in the Environment 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 7.00 Cr and a paid-up capital of Rs 5.87 Cr.

The company currently has active open charges totaling ₹103.30 Cr. The company has closed loans amounting to ₹54.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vippy Spin Pro Limited India is Pulkit Maheshwari as CFO. Deepa Mekal, Mangalore Rao, Praneet Mutha, and Three other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vippyspinpro.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L01710MP1992PLC007043

  • Company No.

    007043

  • Stock Symbol

    BSE : 514302

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 1992

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Environment
Manufacturing

What products or services does Vippy Spin Pro Limited offer?

Vippy Spin Pro Limited offers a wide range of products and services, including Cotton Yarn, Crochet Cotton Yarn.

Who are the key members and board of directors at Vippy Spin Pro?

Executive Team (2)

NameDesignationAppointment DateStatus
Pulkit Maheshwari CFO20-Dec-2022Current
Piyush Mutha Country flag representing In Managing Director01-Apr-1992Current

Board Members (5)

NameDesignationAppointment DateStatus
Deepa Mekal Country flag representing In Director 31-Mar-2015Current
Mangalore Rao Country flag representing In Whole-Time Director 28-Oct-2012Current
Praneet Mutha Country flag representing In Director 19-Dec-2000Current
Manish Jhanwar Country flag representing In Director 02-May-2022Current
Kamal Ahluwalia Director 07-Sep-2024Current

Financial Performance of Vippy Spin Pro.

Vippy Spin Pro Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.06% increase. The company also saw a substantial fall in profitability, with a 11.95% decrease in profit. The company's net worth Soared by an impressive increase of 18.11%.

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
12.06%
Revenue from Operations
12.12%
Total Assets
41.55%
Profit or Loss
-11.95%
Net Worth
18.11%
EBITDA
-0.91%

What is the Ownership and Shareholding Structure of Vippy Spin Pro?

In 2023, Vippy Spin Pro had a promoter holding of 66.57% and a public holding of 33.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹103.30 Cr

Satisfied Charges

₹54.33 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 103.30 Cr

Latest Charge Details

DateLenderAmountStatus
02 Aug 2021Hdfc Bank Limited₹33.50 CrOpen
31 Dec 2019Hdfc Bank Limited₹69.80 CrOpen
28 Mar 2017Hdfc Bank Limited₹3.79 CrSatisfied
17 Dec 2011Punjab National Bank₹3.22 CrSatisfied
09 Feb 2007Punjab National Bank₹10.20 CrSatisfied

How Many Employees Work at Vippy Spin Pro?

Vippy Spin Pro has a workforce of 84 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vippy Spin Pro, 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 Vippy Spin Pro'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 Vippy Spin Pro

Recent activity within the organization

  • Annual General Meeting

    Vippy Spin Pro Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Director Appointment

    Kamal Ahluwalia was appointed as a Director was appointed as a Director on 07 Sep 2024 & has been associated with this company since 5 months 16 days .

    07 Sep 2024

  • Balance Sheet

    Vippy Spin Pro Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 69.80 Cr registered on 31 Dec 2019 with Charge ID 100314766 was modified on 10 Jan 2024.

    10 Jan 2024

  • Director Appointment

    Pulkit Maheshwari was appointed as a Cfo was appointed as a Cfo on 20 Dec 2022 & has been associated with this company since 2 years 2 months .

    20 Dec 2022

  • Charges

    A charge registered on 28 Mar 2017 via Charge ID 100112464 with Hdfc Bank Limited was fully satisfied on 30 Jun 2022.

    30 Jun 2022

Frequently asked questions

  • Vippy Spin Pro Limited was incorporated on 01 Apr 1992.

  • The authorized share capital of Vippy Spin Pro Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.87 Cr.

  • Currently 7 directors are associated with Vippy Spin Pro Limited.

    • Pulkit Maheshwari
    • Deepa Sudhir Mekal
    • Mangalore Maruthi Rao
    • Praneet Mutha
    • Piyush Mutha
    • Manish Jhanwar
    • Kamal Ahluwalia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vippy Spin Pro Limited is 414 City Centre 570, M.G Road India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Vippy Spin Pro Limited is L01710MP1992PLC007043 and the company number is 007043 as per Ministry of Corporate Affairs (MCA).

  • Yes, Vippy Spin Pro Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Vippy Spin Pro Limited is https://www.vippyspinpro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vippy Spin Pro Limited has risen by 12.06%.

  • As Per 2023 financial reports, 84 employees are currently employed by Vippy Spin Pro Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vippy Spin Pro Limited has experienced an upsurge of 18.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vippy Spin Pro Limited amount to ₹ 103.30 Cr.

  • The most recent Balance Sheet for Vippy Spin Pro Limited was filed with the ROC on 31 Mar 2024.

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