Wavetex Fabrics Pvt Ltd

This company manufactures and sells a variety of fabrics, including dress material, suiting, and shirting.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Wavetex Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.07 Cr
  • Revenue Growth -15.72%
  • Profit Growth 4.76%
  • Ebitda -37.49%
  • Net Worth 11.45%
  • Total Assets -2.76%

About Wavetex Fabrics

Wavetex Fabrics Pvt Ltd (WFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 December 1992 and has a history of 32 years and one month. Its registered office is in Ahmedabad, Gujarat, 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹2.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vivek Jain, Vinaykumar Jain, and Ayushi Jain serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1992PTC018760

  • Company No.

    018760

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

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

Board Members (3)

Name Designation Appointment Date Status
Vivek Jain Country flag representing In Director 01-Apr-2004 Current
Vinaykumar Jain Country flag representing In Director 14-Sep-2022 Current
Ayushi Jain Country flag representing In Director 01-Mar-2015 Current

Financial Performance of Wavetex Fabrics.

Wavetex Fabrics Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.72% decrease. The company also saw a slight improvement in profitability, with a 4.76% increase in profit. The company's net worth Soared by an impressive increase of 11.45%.

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
-15.72%
Revenue from Operations
-16.15%
Total Assets
-2.76%
Profit or Loss
4.76%
Net Worth
11.45%
EBITDA
-37.49%

What is the Ownership and Shareholding Structure of Wavetex Fabrics?

In 2023, Wavetex Fabrics 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

₹2.07 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.95 Cr
  • Punjab National Bank : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2010 State Bank Of India ₹1.95 Cr Satisfied
29 Dec 2004 Punjab National Bank ₹0.89 M Satisfied
17 Mar 2004 Punjab National Bank ₹0.28 M Satisfied

How Many Employees Work at Wavetex Fabrics?

Unlock and access historical data on people associated with Wavetex Fabrics, 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 Wavetex 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 Wavetex 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 Wavetex Fabrics

Recent activity within the organization

  • Annual General Meeting

    Wavetex Fabrics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Wavetex Fabrics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Vinaykumar Roshanlal Jain was appointed as a Director was appointed as a Director on 14 Sep 2022 & has been associated with this company since 2 years 4 months .

    14 Sep 2022

  • Charges

    A charge registered on 29 Dec 2004 via Charge ID 90110850 with Punjab National Bank was fully satisfied on 16 Jun 2022.

    16 Jun 2022

  • Charges

    A charge registered on 17 Mar 2004 via Charge ID 90110708 with Punjab National Bank was fully satisfied on 16 Jun 2022.

    16 Jun 2022

  • Charges

    A charge registered on 18 Oct 2010 via Charge ID 10249135 with State Bank Of India was fully satisfied on 02 May 2022.

    02 May 2022

Frequently asked questions

  • Wavetex Fabrics Pvt Ltd was incorporated on 31 Dec 1992.

  • The authorized share capital of Wavetex Fabrics Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Wavetex Fabrics Pvt Ltd.

    • Vivek Vinaykumar Jain
    • Vinaykumar Roshanlal Jain
    • Ayushi Vinaykumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wavetex Fabrics Pvt Ltd is 162/1 Saijpur Gopalpur Pirana Road, Piplaj India, Ahmedabad, Gujarat, 382405.

  • The corporate identification number (CIN) of Wavetex Fabrics Pvt Ltd is U17110GJ1992PTC018760 and the company number is 018760 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wavetex Fabrics Pvt Ltd has fallen by -15.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wavetex Fabrics Pvt Ltd has experienced an upsurge of 11.45%.

  • The most recent Balance Sheet for Wavetex Fabrics Pvt Ltd was filed with the ROC on 31 Mar 2023.

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