Viraj Spinners Limited

Manufacturer of cotton yarn with 18,720 spindles, based in Vita, Maharashtra.

2010 | Vita, Maharashtra (India) | Active
Last Updated: June 17, 2024

Viraj Spinners Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.33 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.18 Cr
  • Revenue Growth 7.78%
  • Profit Growth -36634.02%
  • Ebitda -216.77%
  • Net Worth -538.25%
  • Total Assets -23.51%

About Viraj Spinners

Viraj Spinners Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 March 2010 and has a history of 14 years and ten months. Its registered office is in Vita, Maharashtra, 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 16.00 Cr and a paid-up capital of Rs 15.33 Cr.

The company currently has active open charges totaling ₹43.18 Cr.

Ashok More, Kiran Taralekar, Sukhadeo Patil, and Five other members serve as directors at the Company.

Company Details

  • Location

    Vita, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110PN2010PLC135739

  • Company No.

    135739

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2010

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Viraj Spinners?

Executive Team (1)

Name Designation Appointment Date Status
Kiran Taralekar Country flag representing In Managing Director 10-Mar-2010 Current

Board Members (7)

Name Designation Appointment Date Status
Ashok More Country flag representing In Director 18-Feb-2011 Current
Sukhadeo Patil Country flag representing In Director 10-Mar-2010 Current
Mohan Pawar Country flag representing In Director 10-Mar-2010 Current
Janardhan Babar Country flag representing In Director 18-Feb-2011 Current
Sanjay Tarlekar Country flag representing In Director 20-Dec-2014 Current
Vaibhav Patil Country flag representing In Director 10-Mar-2010 Current

Financial Performance of Viraj Spinners.

Viraj Spinners Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.78% increase. The company also saw a substantial fall in profitability, with a 36634.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 538.25%.

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
7.78%
Revenue from Operations
7.80%
Total Assets
-23.51%
Profit or Loss
-36634.02%
Net Worth
-538.25%
EBITDA
-216.77%

What is the Ownership and Shareholding Structure of Viraj Spinners?

In 2023, Viraj Spinners had a promoter holding of 17.11% and a public holding of 82.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.18 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 43.18 Cr

Latest Charge Details

Date Lender Amount Status
10 Jul 2014 Bank Of Baroda ₹1.25 Cr Open
30 Dec 2013 Bank Of Baroda ₹33.73 Cr Open
30 Dec 2013 Bank Of Baroda ₹8.20 Cr Open

How Many Employees Work at Viraj Spinners?

Viraj Spinners has a workforce of 31 employees as of Apr 08, 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 Viraj Spinners, 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 Viraj Spinners'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 Viraj Spinners

Recent activity within the organization

  • Annual General Meeting

    Viraj Spinners Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Viraj Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Sanjay Harishchandra Tarlekar was appointed as a Director was appointed as a Director on 20 Dec 2014 & has been associated with this company since 10 years 1 month .

    20 Dec 2014

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1.25 Cr with Charge ID 10530202 was registered on 10 Jul 2014.

    10 Jul 2014

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 33.73 Cr with Charge ID 10474183 was registered on 30 Dec 2013.

    30 Dec 2013

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 8.20 Cr with Charge ID 10474187 was registered on 30 Dec 2013.

    30 Dec 2013

Frequently asked questions

  • Viraj Spinners Limited was incorporated on 10 Mar 2010.

  • The authorized share capital of Viraj Spinners Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.33 Cr.

  • Currently 8 directors are associated with Viraj Spinners Limited.

    • Ashok Annasaheb More
    • Kiran Maruti Taralekar
    • Sukhadeo Tukaram Patil
    • Mohan Maruti Pawar
    • Janardhan Muralidar Babar
    • Sanjay Harishchandra Tarlekar
    • Vaibhav Sadashivrao Patil
    • Sadashiv Hanmantrao Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Viraj Spinners Limited is Gate No 466/2 A/P- Khambale (Bha.) Near Karve Midc (Vita) Tal- Khanapur Dist- Sangl, I- 415311, Maharashtra, India.

  • The corporate identification number (CIN) of Viraj Spinners Limited is U17110PN2010PLC135739 and the company number is 135739 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Viraj Spinners Limited has risen by 7.78%.

  • As Per 2023 financial reports, 31 employees are currently employed by Viraj Spinners Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Viraj Spinners Limited has experienced an downturn of -538.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Viraj Spinners Limited amount to ₹ 43.18 Cr.

  • The most recent Balance Sheet for Viraj Spinners Limited was filed with the ROC on 31 Mar 2023.

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