Vsm Weavess India Private Limited

Produces high-quality woven fabric and yarns for global distribution.

2002 | Namakkal, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Vsm Weavess India Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.13 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 195.85 Cr
  • Satisfied Charges ₹ 98.72 Cr
  • Revenue Growth -24.55%
  • Profit Growth -48.40%
  • Ebitda -45.23%
  • Net Worth 11.59%
  • Total Assets 3.48%

About Vsm Weavess India

Vsm Weavess India Private Limited (VWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 December 2002 and has a history of 22 years and two months. Its registered office is in Namakkal, Tamil Nadu, India.

The Corporate was formerly known as V S M Weaves India Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 5.13 Cr.

The company currently has active open charges totaling ₹195.85 Cr. The company has closed loans amounting to ₹98.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sengodagounder Muthusamy, Sengoda Gounder, Muthusamy Rajammal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vsmweaves.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2002PTC010398

  • Company No.

    010398

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Vsm Weavess India?

Board Members (6)

NameDesignationAppointment DateStatus
Sengodagounder Muthusamy Country flag representing In Director 13-Dec-2002Current
Sengoda Gounder Country flag representing In Director 13-Dec-2002Current
Muthusamy Rajammal Country flag representing In Director 13-Dec-2002Current
Muthusamy Ravichandran Country flag representing In Whole-Time Director 13-Dec-2002Current
Palanisamy Duraiswamy Country flag representing In Whole-Time Director 13-Dec-2002Current
Ravichandran Muralidharan Country flag representing In Director 29-Aug-2012Current

Financial Performance of Vsm Weavess India.

Vsm Weavess India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.55% decrease. The company also saw a substantial fall in profitability, with a 48.4% decrease in profit. The company's net worth Soared by an impressive increase of 11.59%.

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
-24.55%
Revenue from Operations
-25.21%
Total Assets
3.48%
Profit or Loss
-48.40%
Net Worth
11.59%
EBITDA
-45.23%

What is the Ownership and Shareholding Structure of Vsm Weavess India?

In 2023, Vsm Weavess India had a promoter holding of 100.00%. The company had 1 Subsidiary and 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

₹195.85 Cr

Satisfied Charges

₹98.72 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 120.00 Cr
  • State Bank Of India : 75.30 Cr
  • Axis Bank Limited : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
12 Oct 2023Hdfc Bank Limited₹120.00 CrOpen
22 Oct 2021Axis Bank Limited₹5.50 MOpen
01 Mar 2004State Bank Of India₹75.30 CrOpen
18 Jan 2022Others₹60.00 CrSatisfied
27 Jan 2020Hdfc Bank Limited₹1.60 CrSatisfied

How Many Employees Work at Vsm Weavess India?

Vsm Weavess India has a workforce of 501 employees as of Apr 09, 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 Vsm Weavess India, 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 Vsm Weavess India'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 Vsm Weavess India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 0.55 Cr registered on 22 Oct 2021 with Charge ID 100507353 was modified on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge registered on 18 Jan 2022 via Charge ID 100531372 with Others was fully satisfied on 22 Jul 2024.

    22 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 120.00 Cr with Charge ID 100819958 was registered on 12 Oct 2023.

    12 Oct 2023

  • Annual General Meeting

    Vsm Weavess India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Vsm Weavess India 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 State Bank Of India of Rs. 75.30 Cr registered on 01 Mar 2004 with Charge ID 90001576 was modified on 22 Feb 2023.

    22 Feb 2023

Frequently asked questions

  • Vsm Weavess India Private Limited was incorporated on 13 Dec 2002.

  • The authorized share capital of Vsm Weavess India Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.13 Cr.

  • Currently 6 directors are associated with Vsm Weavess India Private Limited.

    • Sengodagounder Muthusamy
    • Sengoda Gounder Palanisamy Valliyappa Gounder
    • Muthusamy Rajammal
    • Muthusamy Ravichandran
    • Palanisamy Duraiswamy
    • Ravichandran Muralidharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vsm Weavess India Private Limited is Sf No 334 Sankari Main Road, Kattur Elanthakuttai Village Tiruchengode Talu K India, Namakkal District, Tamil Nadu, 638008.

  • The corporate identification number (CIN) of Vsm Weavess India Private Limited is U17111TZ2002PTC010398 and the company number is 010398 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vsm Weavess India Private Limited is https://www.vsmweaves.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vsm Weavess India Private Limited has fallen by -24.55%.

  • As Per 2021 financial reports, 501 employees are currently employed by Vsm Weavess India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vsm Weavess India Private Limited has experienced an upsurge of 11.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vsm Weavess India Private Limited amount to ₹ 195.85 Cr.

  • The most recent Balance Sheet for Vsm Weavess India Private Limited was filed with the ROC on 31 Mar 2023.

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