Virat Spinners Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 5.52 Cr
as on 16-11-2024
- Company Age 14 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 65.32 Cr
as on 16-11-2024
- Satisfied Charges ₹ 24.38 Cr
as on 16-11-2024
- Revenue -32.20%
(FY 2023)
- Profit -47.65%
(FY 2023)
- Ebitda -60.79%
(FY 2023)
- Net Worth 9.45%
(FY 2023)
- Total Assets -8.80%
(FY 2023)
About Virat Spinners
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 8.00 Cr and a paid-up capital of Rs 5.52 Cr.
The company currently has active open charges totaling ₹65.32 Cr. The company has closed loans amounting to ₹24.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kailash Agarwal, Sanjeevkumar Agrawal, Pavankumar Dungarmal, and One other member serve as directors at the Company.
- CIN/LLPIN
U17115GJ2010PTC062725
- Company No.
062725
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Oct 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Social Media-
Who are the key members and board of directors at Virat Spinners?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kailash Agarwal  | Director | 20-Aug-2018 | Current |
| Sanjeevkumar Agrawal | Director | 23-Oct-2010 | Current |
| Pavankumar Dungarmal | Director | 23-Oct-2010 | Current |
| Ankit Gadia | Director | 22-Apr-2013 | Current |
Financial Performance and Corporate Structure Insights of Virat Spinners.
Virat Spinners Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.2% decrease. The company also saw a substantial fall in profitability, with a 47.65% decrease in profit. The company's net worth moved up by a moderate rise of 9.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Virat Spinners?
In 2022, Virat Spinners had a promoter holding of 39.65% and a public holding of 60.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Parth International Private LimitedActive 19 years 15 daysSanjeevkumar Agrawal and Pavankumar Dungarmal are mutual person
Virat Weaving Private LimitedActive 33 years 3 monthsKailash Agarwal and Pavankumar Dungarmal are mutual person
- Pds Projects Private LimitedActive 16 years 11 months
Sanjeevkumar Agrawal and Pavankumar Dungarmal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 16 Oct 2023 | ₹2.52 Cr | Open |
Axis Bank Limited Creation Date: 03 Feb 2022 | ₹54.02 Cr | Open |
Axis Bank Limited Creation Date: 24 Dec 2021 | ₹8.78 Cr | Open |
How Many Employees Work at Virat Spinners?
Virat Spinners has a workforce of 3 employees as of Apr 07, 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 Virat 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 Virat Spinners'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.
