Vmt Spinning Company Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 20.70 Cr
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 137.39 Cr
- Revenue Growth 3.38%
- Profit Growth 64.98%
- Ebitda 38.55%
- Net Worth 11.77%
- Total Assets 13.69%
About Vmt Spinning Company
Vmt Spinning Company Limited (VSCL) is Amalgamated company established on 27 Jun 1990 with its office registered at Ludhiana, Punjab, India and has been running since 34 Year, 9 Months with a paid up capital of 20.70 Cr. According to MCA records, 3 Directors and 2 Signatories are linked to this company as of 15 Jan 2025.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17117PB1990PLC014070
- Company No.
014070
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jun 1990
- Date of AGM
30 Sep 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Vmt Spinning Company Limited
Explore comprehensive data for Vmt Spinning Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vmt Spinning Company?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Thapar  | CFO | 22-Jul-2014 | Current |
| Neeraj Jain | Managing Director | 14-Mar-2011 | Current |
| Sanjay Gupta | Company Secretary | 13-Apr-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suchita Jain | Director | 15-Sep-2020 | Current |
| Shri Oswal | Director | 30-Dec-1993 | Current |
Financial Performance of Vmt Spinning Company.
Vmt Spinning Company Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 3.38% increase. The company also saw a substantial improvement in profitability, with a 64.98% increase in profit. The company's net worth Soared by an impressive increase of 11.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vmt Spinning Company?
In 2021, Vmt Spinning Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Cotton Textiles Export Promotion CouncilNeeraj Jain is a mutual person
Oswal Castings Private LimitedNeeraj Jain is a mutual person
Mahavir Spinning Mills Private LimitedSuchita Jain and Shri Oswal are mutual person
Vardhman Special Steels LimitedSuchita Jain is a mutual person
Vardhman Acrylics LimitedSuchita Jain and Shri Oswal are mutual person
- Vardhman Textiles Limited
Neeraj Jain, Suchita Jain and 3 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹137.39 Cr
Charges Breakdown by Lending Institutions
- Punjab National Bank : 71.40 Cr
- State Bank Of Patiala : 65.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2014 | State Bank Of Patiala | ₹19.25 Cr | Satisfied |
| 22 Mar 2012 | State Bank Of Patiala | ₹13.00 Cr | Satisfied |
| 16 Jul 2007 | State Bank Of Patiala | ₹2.80 Cr | Satisfied |
| 16 Jul 2007 | Punjab National Bank | ₹4.20 Cr | Satisfied |
| 03 Oct 2006 | State Bank Of Patiala | ₹14.80 Cr | Satisfied |
How Many Employees Work at Vmt Spinning Company?
Vmt Spinning Company has a workforce of 680 employees as of Apr 08, 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 Vmt Spinning Company, 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 Vmt Spinning Company'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.
Latest Updates, News, and FAQs on Vmt Spinning Company
Recent activity within the organization
- Annual General Meeting
Vmt Spinning Company Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.
- Charges
A charge registered on 16 Sep 1996 via Charge ID 80021292 with Punjab National Bank was fully satisfied on 09 Jun 2021.
- Charges
A charge registered on 18 Feb 1997 via Charge ID 80021289 with State Bank Of Patiala was fully satisfied on 15 May 2021.
- Director Appointment
Sanjay Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 13 Apr 2021 & has been associated with this company since 4 years 1 day .
- Balance Sheet
Vmt Spinning Company Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
- Charges
A charge registered on 17 May 2014 via Charge ID 10495755 with State Bank Of Patiala was fully satisfied on 17 Mar 2021.
Recent News, Updates & Announcement
JSW keen to push consolidation in value-added steel products.The steel company has bid for Asian Colour Coated Ispat, Vardhman Industries.
Frequently asked questions
What is the Incorporation or founding date of Vmt Spinning Company Limited?
Vmt Spinning Company Limited was incorporated on 27 Jun 1990.
What is authorized share capital and paid-up capital of Vmt Spinning Company Limited?
The authorized share capital of Vmt Spinning Company Limited is ₹ 35.00 Cr and paid-up capital is ₹ 20.70 Cr.
Who are the current board members & directors of Vmt Spinning Company Limited?
Currently 5 directors are associated with Vmt Spinning Company Limited.
- Neeraj Jain
- Suchita Jain
- Rajeev Thapar
- Sanjay Gupta
- Shri Paul Oswal
What is the registered address of Vmt Spinning Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vmt Spinning Company Limited is Vardhman Premiseschandigarh Road Ludhiana India, Punjab, 141010.
What is the corporate identification number (CIN) and company number of Vmt Spinning Company Limited?
The corporate identification number (CIN) of Vmt Spinning Company Limited is U17117PB1990PLC014070 and the company number is 014070 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vmt Spinning Company Limited?
The Official website of Vmt Spinning Company Limited is https://www.vardhman.com
What has been the recent revenue trend for Vmt Spinning Company Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Vmt Spinning Company Limited has risen by 3.38%.
How many employees does Vmt Spinning Company Limited currently have?
As Per 2021 financial reports, 680 employees are currently employed by Vmt Spinning Company Limited.
What change has been observed in the net worth of Vmt Spinning Company Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Vmt Spinning Company Limited has experienced an upsurge of 11.77%.
When was the last Balance Sheet of Vmt Spinning Company Limited filed with the ROC?
The most recent Balance Sheet for Vmt Spinning Company Limited was filed with the ROC on 31 Mar 2021.
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