Vst Spintex India Private Limited

Manufactures polyester yarn in Tamil Nadu since 2009, part of VST Group.

2009 | Namakkal, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Vst Spintex India Profile

Key Indicators

  • Authorised Capital ₹ 2.60 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.10 Cr
  • Satisfied Charges ₹ 21.29 Cr
  • Revenue Growth 3.40%
  • Profit Growth 23.78%
  • Ebitda 24.23%
  • Net Worth 17.54%
  • Total Assets -7.12%

About Vst Spintex India

Vst Spintex India Private Limited (VSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 2009 and has a history of 15 years and six months. Its registered office is in Namakkal, Tamil Nadu, India.

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 2.60 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹24.10 Cr. The company has closed loans amounting to ₹21.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Saigal, Nagarajan, Balasubramaniam Suresh, and One other member serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vstgroups.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2009PTC015361

  • Company No.

    015361

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2009

  • 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 Vst Spintex India?

Board Members (4)

NameDesignationAppointment DateStatus
Amit Saigal Country flag representing In Director 28-Jul-2009Current
Nagarajan Country flag representing In Director 28-Jul-2009Current
Balasubramaniam Suresh Country flag representing In Director 05-Aug-2009Current
Sudha Thangavell Country flag representing In Director 05-Aug-2009Current

Financial Performance of Vst Spintex India.

Vst Spintex India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.4% increase. The company also saw a substantial improvement in profitability, with a 23.78% increase in profit. The company's net worth Soared by an impressive increase of 17.54%.

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
3.40%
Revenue from Operations
2.77%
Total Assets
-7.12%
Profit or Loss
23.78%
Net Worth
17.54%
EBITDA
24.23%

What is the Ownership and Shareholding Structure of Vst Spintex India?

In 2023, Vst Spintex India 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

₹24.10 Cr

Satisfied Charges

₹21.29 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 17.20 Cr
  • Sidbi : 6.75 Cr
  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2023Sidbi₹6.75 CrOpen
07 Mar 2023Others₹1.50 MOpen
18 Dec 2021Hdfc Bank Limited₹17.20 CrOpen
20 Apr 2015Tamilnad Mercantile Bank Limited₹6.48 CrSatisfied
12 Nov 2010Others₹14.81 CrSatisfied

How Many Employees Work at Vst Spintex India?

Unlock and access historical data on people associated with Vst Spintex India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vst Spintex 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 Vst Spintex 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 Vst Spintex India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 6.75 Cr with Charge ID 100762704 was registered on 24 Jul 2023.

    24 Jul 2023

  • Balance Sheet

    Vst Spintex 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 Others amounted to Rs. 0.15 Cr with Charge ID 100695785 was registered on 07 Mar 2023.

    07 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.20 Cr registered on 18 Dec 2021 with Charge ID 100512456 was modified on 18 Mar 2022.

    18 Mar 2022

  • Charges

    A charge registered on 12 Nov 2010 via Charge ID 10254247 with Others was fully satisfied on 25 Feb 2022.

    25 Feb 2022

Frequently asked questions

  • Vst Spintex India Private Limited was incorporated on 28 Jul 2009.

  • The authorized share capital of Vst Spintex India Private Limited is ₹ 2.60 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Vst Spintex India Private Limited.

    • Amit Saigal
    • Nagarajan
    • Balasubramaniam Suresh
    • Sudha Thangavell
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vst Spintex India Private Limited is 60A/5 Nehru Nagar Thiruchengode Road Pallipalayam Kumarapalayam (Tk), Namakkal, Tamil Nadu, India, 638006.

  • The corporate identification number (CIN) of Vst Spintex India Private Limited is U17111TZ2009PTC015361 and the company number is 015361 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vst Spintex India Private Limited is https://www.vstgroups.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vst Spintex India Private Limited has risen by 3.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vst Spintex India Private Limited has experienced an upsurge of 17.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vst Spintex India Private Limited amount to ₹ 24.10 Cr.

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