G V G Industries Private Limited

G V G Industries Private Limited

Manufacturer of high-quality cotton yarn for various textile applications.

1980 Coimbatore, Tamil Nadu (India) Active

About

Basic Data Updated:

8 days ago

Incorporated in 1980, G V G Industries Private Limited, located in Udumalpet, Tamil Nadu, is a renowned company engaged in the manufacturing of cotton yarn ranging from 60s to 90s counts, as stated in its credit rating report. The company's diverse range of products includes knitting yarn, Pima cotton yarn, white yarn, textile yarn, and weaving yarn. With a total capacity of 2.6 megawatts, the company has six windmills situated in Udumalaipettai, in addition to 36384 spindles. Mr. M Veluswamy, the founder of the company, had a vision to establish a business that would cater to the growing demand for high-quality cotton yarn. Thus, G V G Industries Private Limited was incorporated with the aim to purchase, prepare, spin, weave, dye, print, or manipulate various fibrous products such as wool, cotton yarn, silk, artificial silk, rayon, and synthetic materials. The company's registered office is located in Udumalpet, Tamil Nadu, and has been successfully operating for several decades.

Industry

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU17111TZ1980PTC006887
Company No.006887
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date11 Sep 1980
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Coimbatore

Financials of G V G Industries Private Limited

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G V G Industries Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 8.03% decrease. The company also saw a substantial improvement in profitability, with a 218.74% increase in profit. The company's net worth Soared by an impressive increase of 28.48%.

Corporate Structure

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People in G V G Industries Private Limited

Executive Team (1)

  • MV

    Muthuswamy Veluswamy In Managing Director

    Appointment Date: 11-Sep-1980

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹37.42 cr

₹43.05 cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 10 Aug 2015
₹0.60 MOpen

Axis Bank Limited

Creation Date: 28 Jul 2014
₹0.90 MOpen

The Industrial Credit & Investment Corporation Ltd.

Creation Date: 28 Mar 1994
₹2.75 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    G V G Industries Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    G V G Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023
  • Activity

    Charges

    A charge with Indian Bank of Rs. 34.52 cr registered on 28 Aug 1984 with Charge ID 90007619 was modified on 22 Sep 2022.

    22 Sep 2022
  • Activity

    Charges

    A charge registered on 14 Dec 2012 via Charge ID 10395141 with Others was fully satisfied on 20 Apr 2022.

    20 Apr 2022
  • Activity

    Charges

    A charge registered on 16 Dec 2010 via Charge ID 10255657 with Others was fully satisfied on 20 Apr 2022.

    20 Apr 2022

Frequently asked questions

What is the Incorporation or founding date of G V G Industries Private Limited?

G V G Industries Private Limited was incorporated 43 years 7 months ago on 11 Sep 1980 with Registrar of Companies Roc Coimbatore.

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