Viraj Spinners Limited

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

2010 | Sangli, Maharashtra (India) | Active
Last Updated:

Viraj Spinners Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.33 Cr
  • Company Age 15 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 47.90 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 15 years. Its registered office is in Sangli, 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 2024. 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 ₹47.90 Cr.

Sadashiv Patil, Mohan Pawar, Sukhadeo Patil, and Four other members serve as directors at the Company.

Company Details

  • Location

    Sangli, 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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing
Company report

Viraj Spinners Limited

Explore comprehensive data for Viraj Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kiran Taralekar Country flag representing In Managing Director10-Mar-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Sadashiv Patil Country flag representing In Director 10-Mar-2010Current
Mohan Pawar Country flag representing In Director 10-Mar-2010Current
Sukhadeo Patil Country flag representing In Director 10-Mar-2010Current
Ashok More Country flag representing In Director 18-Feb-2011Current
Janardhan Babar Country flag representing In Director 18-Feb-2011Current
Vaibhav Patil Country flag representing In Director 10-Mar-2010Current

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%.

Viraj Spinners revenue growth over time
Viraj Spinners 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

₹47.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 43.18 Cr
  • Others : 4.72 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2024Others₹4.72 CrOpen
10 Jul 2014Bank Of Baroda₹1.25 CrOpen
30 Dec 2013Bank Of Baroda₹33.73 CrOpen
30 Dec 2013Bank Of Baroda₹8.20 CrOpen

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.

Employee growth trends for Viraj Spinners Limited

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 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 4.72 Cr with Charge ID 100957988 was registered on 25 Jul 2024.

  • Balance Sheet

    Viraj Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Viraj Spinners Limited?

    Viraj Spinners Limited was incorporated on 10 Mar 2010.

  • What is authorized share capital and paid-up capital of Viraj Spinners Limited?

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

  • Who are the current board members & directors of Viraj Spinners Limited?

    Currently 7 directors are associated with Viraj Spinners Limited.

    • Sadashiv Hanmantrao Patil
    • Mohan Maruti Pawar
    • Sukhadeo Tukaram Patil
    • Kiran Maruti Taralekar
    • Ashok Annasaheb More
    • Janardhan Muralidar Babar
    • Vaibhav Sadashivrao Patil

  • What is the registered address of Viraj Spinners Limited?

    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 () Tal- Khanapur, Dist- Sangl I- India, Vita, Maharashtra, 415311.

  • What is the corporate identification number (CIN) and company number of Viraj Spinners Limited?

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

  • What has been the recent revenue trend for Viraj Spinners Limited?

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

  • How many employees does Viraj Spinners Limited currently have?

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

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

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

  • What are the total open charges for Viraj Spinners Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Viraj Spinners Limited amount to ₹ 47.90 Cr.

  • When was the last Balance Sheet of Viraj Spinners Limited filed with the ROC?

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

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