Vmt Spinning Company Limited

Founded in 1990 and headquartered in Punjab, India.

1990 | Ludhiana, Punjab (India) | Merged
Last Updated: January 15, 2025

Vmt Spinning Company Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 20.70 Cr
  • Company Age 34 Year, 7 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, 7 Months with a paid up capital of 20.70 Cr. According to MCA records, 0 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

Who are the key members and board of directors at Vmt Spinning Company?

Executive Team (3)

Name Designation Appointment Date Status
Rajeev Thapar Country flag representing In CFO 22-Jul-2014 Current
Neeraj Jain Country flag representing In Managing Director 14-Mar-2011 Current
Sanjay Gupta Country flag representing In Company Secretary 13-Apr-2021 Current

Board Members (2)

Name Designation Appointment Date Status
Suchita Jain Country flag representing In Director 15-Sep-2020 Current
Shri Oswal Country flag representing In 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%.

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
3.38%
Revenue from Operations
3.87%
Total Assets
13.69%
Profit or Loss
64.98%
Net Worth
11.77%
EBITDA
38.55%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2021

  • Charges

    A charge registered on 16 Sep 1996 via Charge ID 80021292 with Punjab National Bank was fully satisfied on 09 Jun 2021.

    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.

    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 3 years 9 months .

    13 Apr 2021

  • Balance Sheet

    Vmt Spinning Company Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Charges

    A charge registered on 17 May 2014 via Charge ID 10495755 with State Bank Of Patiala was fully satisfied on 17 Mar 2021.

    17 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Vmt Spinning Company Limited was incorporated on 27 Jun 1990.

  • The authorized share capital of Vmt Spinning Company Limited is ₹ 35.00 Cr and paid-up capital is ₹ 20.70 Cr.

  • Currently 5 directors are associated with Vmt Spinning Company Limited.

    • Neeraj Jain
    • Suchita Jain
    • Rajeev Thapar
    • Sanjay Gupta
    • Shri Paul Oswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vmt Spinning Company Limited is Vardhman Premiseschandigarh Road Ludhiana India, Punjab, 141010.

  • 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).

  • The Official website of Vmt Spinning Company Limited is https://www.vardhman.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vmt Spinning Company Limited has risen by 3.38%.

  • As Per 2021 financial reports, 680 employees are currently employed by Vmt Spinning Company Limited.

  • 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%.

  • The most recent Balance Sheet for Vmt Spinning Company Limited was filed with the ROC on 31 Mar 2021.

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