Vps Silk Fabrics Private Limited

Produces and trades a variety of sarees and blouse materials for different occasions.

2007 | Salem, Tamil Nadu (India) | Active
Last Updated: June 15, 2024

Vps Silk Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.62 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.65 Cr
  • Satisfied Charges ₹ 14.84 Cr
  • Revenue Growth 32.76%
  • Profit Growth 100.83%
  • Ebitda 60.78%
  • Net Worth 9.82%
  • Total Assets 16.81%

About Vps Silk Fabrics

Vps Silk Fabrics Private Limited (VSFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 2007 and has a history of 17 years and 11 months. Its registered office is in Salem, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 4.62 Cr.

The company currently has active open charges totaling ₹23.65 Cr. The company has closed loans amounting to ₹14.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santhi Sekhar, Veerabathra Sekar, and Sathya Sekar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17116TZ2007PTC013518

  • Company No.

    013518

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2007

  • Date of AGM

    04 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

What products or services does Vps Silk Fabrics Private Limited offer?

Vps Silk Fabrics Private Limited offers a wide range of products and services, including Sarees, Lehenga and Salwar Suits, Printed Sarees, Embroidered Sarees, Designer Sarees, Fancy Sarees, Silk Sarees, Pure Silk Sarees, Synthetic Printed Saree, Georgette Sarees, Kanchipuram Sarees.

Who are the key members and board of directors at Vps Silk Fabrics?

Executive Team (1)

Name Designation Appointment Date Status
Sathya Sekar Country flag representing In Managing Director 03-Feb-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Santhi Sekhar Country flag representing In Director 03-Feb-2017 Current
Veerabathra Sekar Country flag representing In Director 22-Apr-2022 Current

Financial Performance of Vps Silk Fabrics.

Vps Silk Fabrics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.76% increase. The company also saw a substantial improvement in profitability, with a 100.83% increase in profit. The company's net worth moved up by a moderate rise of 9.82%.

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
32.76%
Revenue from Operations
32.78%
Total Assets
16.81%
Profit or Loss
100.83%
Net Worth
9.82%
EBITDA
60.78%

What is the Ownership and Shareholding Structure of Vps Silk Fabrics?

In 2023, Vps Silk Fabrics had a promoter holding of 37.60% and a public holding of 62.40%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.65 Cr

Satisfied Charges

₹14.84 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.65 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2021 Hdfc Bank Limited ₹23.65 Cr Open
05 Aug 2008 Corporation Bank ₹14.84 Cr Satisfied

How Many Employees Work at Vps Silk Fabrics?

Vps Silk Fabrics has a workforce of 8 employees as of Apr 05, 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 Vps Silk Fabrics, 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 Vps Silk Fabrics'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 Vps Silk Fabrics

Recent activity within the organization

  • Annual General Meeting

    Vps Silk Fabrics Private Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.

    04 Sep 2023

  • Balance Sheet

    Vps Silk Fabrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.65 Cr registered on 16 Feb 2021 with Charge ID 100420605 was modified on 20 Dec 2022.

    20 Dec 2022

  • Director Appointment

    Veerabathra Gounder Palaniappan Sekar was appointed as a Director was appointed as a Director on 22 Apr 2022 & has been associated with this company since 2 years 9 months .

    22 Apr 2022

  • Charges

    A charge registered on 05 Aug 2008 via Charge ID 10115429 with Corporation Bank was fully satisfied on 08 Mar 2021.

    08 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 23.65 Cr with Charge ID 100420605 was registered on 16 Feb 2021.

    16 Feb 2021

Frequently asked questions

  • Vps Silk Fabrics Private Limited was incorporated on 09 Mar 2007.

  • The authorized share capital of Vps Silk Fabrics Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 4.62 Cr.

  • Currently 3 directors are associated with Vps Silk Fabrics Private Limited.

    • Santhi Sekhar
    • Veerabathra Gounder Palaniappan Sekar
    • Sathya Sekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vps Silk Fabrics Private Limited is 2/41-3 Water Tank Street P.G.Patty Elampillai, Salem, Tamil Nadu, India, 637502.

  • The corporate identification number (CIN) of Vps Silk Fabrics Private Limited is U17116TZ2007PTC013518 and the company number is 013518 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vps Silk Fabrics Private Limited is https://www.vps-silks-fabrics-p-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vps Silk Fabrics Private Limited has risen by 32.76%.

  • As Per 2023 financial reports, 8 employees are currently employed by Vps Silk Fabrics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vps Silk Fabrics Private Limited has experienced an upsurge of 9.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vps Silk Fabrics Private Limited amount to ₹ 23.65 Cr.

  • The most recent Balance Sheet for Vps Silk Fabrics Private Limited was filed with the ROC on 31 Mar 2023.

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