Vishal Ethnic Private Limited

Textile manufacturing and trading of ethnic wear for men, women, and kids.

2018 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Vishal Ethnic Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.90 M
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.20 Cr
  • Revenue Growth -27.32%
  • Profit Growth 1.77%
  • Ebitda -230.88%
  • Net Worth 10.92%
  • Total Assets -8.01%

About Vishal Ethnic

Vishal Ethnic Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 April 2018 (Six years and ten months 9 days old ). Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Fashion And Textile 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 1.00 Cr and a paid-up capital of Rs 7.90 M.

The company has closed loans amounting to ₹6.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vishal Ladharam and Priyanka Jaisingh serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18209MH2018PTC307350

  • Company No.

    307350

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

Who are the key members and board of directors at Vishal Ethnic?

Board Members (2)

Name Designation Appointment Date Status
Vishal Ladharam Country flag representing In Director 02-Apr-2018 Current
Priyanka Jaisingh Country flag representing In Director 01-Jan-2021 Current

Financial Performance of Vishal Ethnic.

Vishal Ethnic Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.32% decrease. The company also saw a slight improvement in profitability, with a 1.77% increase in profit. The company's net worth Soared by an impressive increase of 10.92%.

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
-27.32%
Revenue from Operations
-38.85%
Total Assets
-8.01%
Profit or Loss
1.77%
Net Worth
10.92%
EBITDA
-230.88%

What is the Ownership and Shareholding Structure of Vishal Ethnic?

In 2023, Vishal Ethnic had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.20 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Apr 2019 Others ₹4.20 Cr Satisfied
03 Sep 2018 Hdfc Bank Limited ₹2.00 Cr Satisfied

How Many Employees Work at Vishal Ethnic?

Vishal Ethnic has a workforce of 4 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 Vishal Ethnic, 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 Vishal Ethnic'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 Vishal Ethnic

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Vishal Ethnic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 23 Apr 2019 via Charge ID 100267444 with Others was fully satisfied on 08 Jan 2024.

    08 Jan 2024

  • Director Appointment

    Priyanka Vishal Jaisingh was appointed as a Director was appointed as a Director on 01 Jan 2021 & has been associated with this company since 4 years 1 month .

    01 Jan 2021

  • Charges

    A charge registered on 03 Sep 2018 via Charge ID 100210953 with Hdfc Bank Limited was fully satisfied on 21 Jun 2019.

    21 Jun 2019

  • Charges

    A charge with Others amounted to Rs. 4.20 Cr with Charge ID 100267444 was registered on 23 Apr 2019.

    23 Apr 2019

Frequently asked questions

  • Vishal Ethnic Private Limited was incorporated on 02 Apr 2018.

  • The authorized share capital of Vishal Ethnic Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.90 M.

  • Currently 2 directors are associated with Vishal Ethnic Private Limited.

    • Vishal Jaisingh Ladharam
    • Priyanka Vishal Jaisingh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vishal Ethnic Private Limited is Plot No. 771 Near Prakash High School Namak Ganj, Itwari India, Nagpur, Maharashtra, 440002.

  • The corporate identification number (CIN) of Vishal Ethnic Private Limited is U18209MH2018PTC307350 and the company number is 307350 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vishal Ethnic Private Limited has fallen by -27.32%.

  • As Per 2023 financial reports, 4 employees are currently employed by Vishal Ethnic Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vishal Ethnic Private Limited has experienced an upsurge of 10.92%.

  • The most recent Balance Sheet for Vishal Ethnic Private Limited was filed with the ROC on 31 Mar 2024.

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