Virat Spinners Private Limited

Manufactures coarser counts of cotton yarn with 5,280 MTPA capacity in Ahmedabad, Gujarat.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Virat Spinners Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 5.52 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.32 Cr
  • Satisfied Charges ₹ 24.38 Cr
  • Revenue Growth -32.20%
  • Profit Growth -47.65%
  • Ebitda -60.79%
  • Net Worth 9.45%
  • Total Assets -8.80%

About Virat Spinners

Virat Spinners Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 2010 and has a history of 14 years and five months. Its registered office is in Ahmedabad, Gujarat, 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 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.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Manufacturing

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

Board Members (4)

NameDesignationAppointment DateStatus
Kailash Agarwal Country flag representing In Director 20-Aug-2018Current
Sanjeevkumar Agrawal Country flag representing In Director 23-Oct-2010Current
Pavankumar Dungarmal Country flag representing In Director 23-Oct-2010Current
Ankit Gadia Country flag representing In Director 22-Apr-2013Current

Financial Performance 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%.

Virat Spinners revenue growth over time
Virat 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
-32.20%
Revenue from Operations
-33.22%
Total Assets
-8.80%
Profit or Loss
-47.65%
Net Worth
9.45%
EBITDA
-60.79%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.32 Cr

Satisfied Charges

₹24.38 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 65.32 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2023Axis Bank Limited₹2.52 CrOpen
03 Feb 2022Axis Bank Limited₹54.02 CrOpen
24 Dec 2021Axis Bank Limited₹8.78 CrOpen
16 Sep 2013Bank Of India₹12.19 CrSatisfied
13 Sep 2013Bank Of India₹12.19 CrSatisfied

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.

Employee growth trends for Virat Spinners Private Limited

Deals i

Graph showing company valuation over time

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

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 Virat Spinners

Recent activity within the organization

  • Annual General Meeting

    Virat Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 54.02 Cr registered on 03 Feb 2022 with Charge ID 100535286 was modified on 30 May 2024.

  • Balance Sheet

    Virat Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.52 Cr with Charge ID 100799924 was registered on 16 Oct 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 54.02 Cr with Charge ID 100535286 was registered on 03 Feb 2022.

  • Charges

    A charge registered on 16 Sep 2013 via Charge ID 10450225 with Bank Of India was fully satisfied on 11 Jan 2022.

Frequently asked questions

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

    Virat Spinners Private Limited was incorporated on 23 Oct 2010.

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

    The authorized share capital of Virat Spinners Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 5.52 Cr.

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

    Currently 4 directors are associated with Virat Spinners Private Limited.

    • Kailash Subhkaran Agarwal
    • Sanjeevkumar Agrawal
    • Pavankumar Tibrewal Dungarmal
    • Ankit Anoop Gadia

  • What is the registered address of Virat Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Virat Spinners Private Limited is B-602 6Th Floor Shapath-4 Opp. Karnavati Club S.G. Highway, India, Ahmedabad, Gujarat, 380015.

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

    The corporate identification number (CIN) of Virat Spinners Private Limited is U17115GJ2010PTC062725 and the company number is 062725 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Virat Spinners Private Limited?

    The Official website of Virat Spinners Private Limited is https://www.virat-spinners-pvt-ltd.business.site

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Virat Spinners Private Limited has fallen by -32.20%.

  • How many employees does Virat Spinners Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Virat Spinners Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Virat Spinners Private Limited has experienced an upsurge of 9.45%.

  • What are the total open charges for Virat Spinners Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Virat Spinners Private Limited amount to ₹ 65.32 Cr.

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

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

People also Viewed