MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-36-0005520
Vaibhav Spintex Private Limited
Vaibhav Spintex Private Limited - manufacturing in Wani, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹167.75 Cr
▼ 13% YoY
Net profit · FY 2025
₹29.25 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹12.91 Cr
EBITDA margin 7.7%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹25 Cr
Issued & subscribed
Open charges
₹63 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Vaibhav Spintex Private Limited
Data last updated:
Vaibhav Spintex Private Limited is a private limited company based in Wani, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2020PTC345499. Its GSTIN is 27AAHCV5855E1Z1 (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors Nanda Ashok Bhandari and Usha Sunil Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H No18/17 Gandhi Chaukwani, Maharashtra, India – 445304.
As per the financials filed for FY 2025, the company reported a revenue of ₹167.75 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹29.25 Lakh (net margin 0.2%) and EBITDA of ₹12.91 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 932% over three years.
As per MCA filings, the company has open charges of ₹63 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Vaibhav Spintex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-36-0005520).
Company details
CIN U17299MH2020PTC345499
Registration Number 345499
Incorporation Date 07 September 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MH-36-0005520
Recognitions & Rankings of Vaibhav Spintex
Contact details
Vaibhav Spintex Private Limited's registered office is in Wani, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No18/17 Gandhi Chaukwani, Maharashtra, India – 445304
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vaibhav Spintex Private Limited, buy the company report.
Comprehensive company report
Vaibhav Spintex Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Vaibhav Spintex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vaibhav Spintex Private Limited, buy the company report.
Financials of Vaibhav Spintex Private Limited
FY 2025 filings availableVaibhav Spintex Private Limited reported revenue of ₹167.75 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹167.75 Cr ▼ 13%
Net profit · FY 2025
₹29.25 Lakh margin 0.2%
EBITDA · FY 2025
₹12.91 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 932%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 759%
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 932%. EBITDA fell 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vaibhav Spintex Private Limited, buy the company report.
Board of directors of Vaibhav Spintex Private Limited
Vaibhav Spintex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanda Ashok Bhandari Also directs: Vaibhav White Gold LLP, Shreyansh Spintex Private Limited | Director | 07 Sep 2020 | 6 Years 2 Months | Current |
| Usha Sunil Bhandari Also directs: Vaibhav White Gold LLP, Shreyansh Spintex Private Limited | Director | 07 Sep 2020 | 6 Years 2 Months | Current |
Peer comparison
Vaibhav Spintex Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Narayan Silk House Private Limited | ₹168.84 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Rama Spinners Pvt. Ltd. | ₹168.61 Cr (FY 2025) | 27.0% | Secunderabad, Telangana, India | |||
| Shanti Shirting Private Limited | ₹167.82 Cr (FY 2025) | -55.0% | Bidaj, Gujarat, India | |||
| Vaibhav Spintex Private Limitedthis company | ₹167.75 Cr (FY 2025) | ₹29.25 Lakh | 0.2% | -13.0% | Wani, Maharashtra, India | |
| Pi Cottex Private Limited | ₹167.48 Cr (FY 2025) | 7.0% | Ludhiana, Punjab, India | |||
| Mectech Knitfabs Private Limited | ₹167.45 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Hanuman Weavelon Private Limited | ₹167.21 Cr (FY 2025) | 112.0% | Surat, Gujarat, India | |||
| Chur Textiles Limited | ₹167.17 Cr (FY 2025) | -11.0% | Thane, Maharashtra, India | |||
| Saranya Garments Private Limited | ₹167.07 Cr (FY 2025) | 4.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Vaibhav Spintex Private Limited, buy the company report.
Auditor
Vaibhav Spintex Private Limited is audited by P.M.Gandhi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.M.Gandhi & Co | FY 2023 | 116442W |
Shareholding
The shareholding of Vaibhav Spintex Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vaibhav Spintex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2022 | 100563956 | State Bank of India | ₹63 Cr | Open |
To see the full charge records of Vaibhav Spintex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vaibhav Spintex Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Co., THR. Superintending Engineer, Yavatmal | Pending |
| High Court, MAHARASHTRA | Court case (CAW) | Filed against the company by Maharashtra State Electricity Distribution Company, THR. Superintending Engineer, Yavatmal Circle | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Company, THR. Superintending Engineer, Yavatmal Circle | Disposed |
To see the full case history of Vaibhav Spintex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaibhav Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vaibhav Spintex Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Vaibhav Spintex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCV5855E1Z1 | Maharashtra | Active | 06 Apr 2021 |
To see the full GST registrations and return filing status of Vaibhav Spintex Private Limited, buy the company report.
Recent activity
Vaibhav Spintex Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nanda Ashok Bhandari was appointed as Director on 07 Sep 2020.
AGM
Vaibhav Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vaibhav Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 63.00 Cr registered on 30 Mar 2022 with Charge ID 100563956 was modified on 01 Dec 2022.
Charges
A charge with State Bank Of India amounted to Rs. 63.00 Cr with Charge ID 100563956 was registered on 30 Mar 2022.
Appointed
Nanda Ashok Bhandari was appointed as Director.
Appointed
Usha Sunil Bhandari was appointed as Director.
Incorporation
07 Sep 2020
Vaibhav Spintex Private Limited was registered on 07 Sep 2020 with Roc Mumbai & aged 6 years 2 months as per MCA records.
Frequently asked questions
Vaibhav Spintex is an active private limited company based in Wani, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 September 2020 (6+ years old) and is registered under CIN U17299MH2020PTC345499.
Vaibhav Spintex has 2 current directors:
- Nanda Ashok Bhandari - Director
- Usha Sunil Bhandari - Director
The latest financial statements of Vaibhav Spintex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Vaibhav Spintex is 27AAHCV5855E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vaibhav Spintex is U17299MH2020PTC345499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaibhav Spintex has 3 court cases on record: 3 filed against it. 1 is pending.
Vaibhav Spintex was incorporated on 07 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vaibhav Spintex by revenue are Shree Narayan Silk House Private Limited, Rama Spinners Pvt. Ltd, Shanti Shirting Private Limited, Pi Cottex Private Limited, Mectech Knitfabs Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Nanda Ashok Bhandari was appointed as Director on 07 Sep 2020. Usha Sunil Bhandari was appointed as Director on 07 Sep 2020.
Yes, Vaibhav Spintex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-36-0005520).
The registered office of Vaibhav Spintex is at H No1817 Gandhi Chaukwani, Maharashtra, India – 445304.
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