Virchand Narsi Cotton Private Limited

Manufactures and processes raw cotton into bales at a facility in Maharashtra.

2002 | Buldhana, Maharashtra (India) | Active
Last Updated: December 26, 2024

Virchand Narsi Cotton Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.10 M
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 37.86 Cr
  • Revenue Growth -53.33%
  • Profit Growth -13784.61%
  • Ebitda -446.40%
  • Net Worth -199.76%
  • Total Assets -45.66%

About Virchand Narsi Cotton

Virchand Narsi Cotton Private Limited (VNCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 2002 and has a history of 22 years and six months. Its registered office is in Buldhana, 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 2022. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.10 M.

The company currently has active open charges totaling ₹37.86 Cr.

Amitkumar Dand, Dineshkumar Dand, Shitalben Dand, and Two other members serve as directors at the Company.

Company Details

  • Location

    Buldhana, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51491MH2002PTC136758

  • Company No.

    136758

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2002

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Agriculture

Who are the key members and board of directors at Virchand Narsi Cotton?

Board Members (5)

Name Designation Appointment Date Status
Amitkumar Dand Country flag representing In Director 07-Aug-2002 Current
Dineshkumar Dand Country flag representing In Director 07-Aug-2002 Current
Shitalben Dand Country flag representing In Additional Director 12-Aug-2021 Current
Gouravkumar Dand Country flag representing In Director 07-Aug-2002 Current
Vipulkumar Dand Country flag representing In Director 07-Aug-2002 Current

Financial Performance of Virchand Narsi Cotton.

Virchand Narsi Cotton Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 53.33% decrease. The company also saw a substantial fall in profitability, with a 13784.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 199.76%.

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
-53.33%
Revenue from Operations
-53.35%
Total Assets
-45.66%
Profit or Loss
-13784.61%
Net Worth
-199.76%
EBITDA
-446.40%

What is the Ownership and Shareholding Structure of Virchand Narsi Cotton?

In 2022, Virchand Narsi Cotton had a promoter holding of 99.48% and a public holding of 0.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹378.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 33.51 Cr
  • The United Western Bank Ltd : 4.35 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2011 Idbi Bank Limited ₹1.77 Cr Open
30 Mar 2005 Idbi Bank Limited ₹31.74 Cr Open
04 Oct 2002 The United Western Bank Ltd ₹4.35 Cr Open

How Many Employees Work at Virchand Narsi Cotton?

Virchand Narsi Cotton has a workforce of 10 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Virchand Narsi Cotton, 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 Virchand Narsi Cotton'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 Virchand Narsi Cotton

Recent activity within the organization

  • Annual General Meeting

    Virchand Narsi Cotton Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Virchand Narsi Cotton Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Shitalben Dand was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2021 & has been associated with this company since 3 years 6 months .

    12 Aug 2021

  • Charges

    A charge with Idbi Bank Limited of Rs. 317.43 M registered on 30 Mar 2005 with Charge ID 80030948 was modified on 17 Oct 2020.

    17 Oct 2020

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 17.70 M with Charge ID 10326688 was registered on 05 Dec 2011.

    05 Dec 2011

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 317.43 M with Charge ID 80030948 was registered on 30 Mar 2005.

    30 Mar 2005

Frequently asked questions

  • Virchand Narsi Cotton Private Limited was incorporated on 07 Aug 2002.

  • The authorized share capital of Virchand Narsi Cotton Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.10 M.

  • Currently 5 directors are associated with Virchand Narsi Cotton Private Limited.

    • Amitkumar Kantilal Dand
    • Dineshkumar Kantilal Dand
    • Shitalben Dand
    • Gouravkumar Bharatkumar Dand
    • Vipulkumar Pravinkumar Dand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virchand Narsi Cotton Private Limited is Nandura Roadmalkapur India, Buldhana, Maharashtra, 443101.

  • The corporate identification number (CIN) of Virchand Narsi Cotton Private Limited is U51491MH2002PTC136758 and the company number is 136758 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Virchand Narsi Cotton Private Limited has fallen by -53.33%.

  • As Per 2022 financial reports, 10 employees are currently employed by Virchand Narsi Cotton Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Virchand Narsi Cotton Private Limited has experienced an downturn of -199.76%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Virchand Narsi Cotton Private Limited amount to ₹ 37.86 Cr.

  • The most recent Balance Sheet for Virchand Narsi Cotton Private Limited was filed with the ROC on 31 Mar 2022.

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