Virat Spinners Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 5.52 Cr
- Company Age 14 Year, 4 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 four 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
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 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
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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 LimitedSanjeevkumar Agrawal and Pavankumar Dungarmal are mutual person
Virat Weaving Private LimitedKailash Agarwal and Pavankumar Dungarmal are mutual person
- Madhav Synfab Private Limited
Sanjeevkumar Agrawal is a mutual person
- Virat Infrarealty Private Limited
Sanjeevkumar Agrawal is a mutual person
- Shanti Fabtex Private Limited
Pavankumar Dungarmal is a mutual person
Charges (Loans)
₹65.32 Cr
₹24.38 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 65.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2023 | Axis Bank Limited | ₹2.52 Cr | Open |
| 03 Feb 2022 | Axis Bank Limited | ₹54.02 Cr | Open |
| 24 Dec 2021 | Axis Bank Limited | ₹8.78 Cr | Open |
| 16 Sep 2013 | Bank Of India | ₹12.19 Cr | Satisfied |
| 13 Sep 2013 | Bank Of India | ₹12.19 Cr | Satisfied |
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.
