MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TN-03-0004154
Vaipav Textiles Private Limited
Vaipav Textiles Private Limited - manufacturing in Palladam, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹6.04 Cr
▲ 141% YoY
Net profit · FY 2019
₹8.45 Lakh
Net margin 1.4%
EBITDA · FY 2019
₹13.28 Lakh
EBITDA margin 2.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹3.21 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Vaipav Textiles Private Limited
Data last updated:
Vaipav Textiles Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17309TZ2017PTC028433. Its GSTIN is 33AAFCV7371K1ZY (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Murugasamy Ramesh and Murugasamy Aravintharaj.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Palladam, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.04 Cr, a growth of 141% compared to the previous year. For the same year it recorded a net profit of ₹8.45 Lakh (net margin 1.4%) and EBITDA of ₹13.28 Lakh (EBITDA margin 2.2%).
As per MCA filings, the company has open charges of ₹3.21 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
Vaipav Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0004154). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17309TZ2017PTC028433
Registration Number 028433
Incorporation Date 03 February 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0004154
Recognitions & Rankings of Vaipav Textiles
Contact details
Vaipav Textiles Private Limited's registered office is in Palladam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf No 381/2 Door No 1/668, Devarayanpalayam, Palladam, Tamil Nadu, India – 641668
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vaipav Textiles Private Limited, buy the company report.
Comprehensive company report
Vaipav Textiles 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 Vaipav Textiles 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 Vaipav Textiles Private Limited, buy the company report.
Financials of Vaipav Textiles Private Limited
FY 2019 filings availableVaipav Textiles Private Limited reported revenue of ₹6.04 Cr (up 141% YoY) for FY 2019.
Revenue · FY 2019
₹6.04 Cr ▲ 141%
Net profit · FY 2019
₹8.45 Lakh margin 1.4%
EBITDA · FY 2019
₹13.28 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 141%
EBITDA CAGR growth
1 year
▲ 211%
Revenue rose 141% in the latest year. EBITDA rose 211% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.04 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹13.28 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.45 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.2% | ||
| Net Profit Margin | 1.4% | ||
| 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 Vaipav Textiles Private Limited, buy the company report.
Board of directors of Vaipav Textiles Private Limited
Vaipav Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murugasamy Ramesh Also directs: Vaipav Clothing Private Limited | Director | 03 Feb 2017 | 9 Years 9 Months | Current |
| Murugasamy Aravintharaj | Director | 10 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Vaipav Textiles Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| SVT Spinning Mills Private Limited | ₹6.06 Cr (FY 2024) | -8.0% | Coimbatore, Tamil Nadu, India | |||
| Chancy Merchants Private Limited | ₹6.04 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Shikha Textiles Private Limited | ₹6.04 Cr (FY 2025) | -19.0% | Uttar Pradesh, India | |||
| Vaipav Textiles Private Limitedthis company | ₹6.04 Cr (FY 2019) | ₹8.45 Lakh | 1.4% | 141.0% | Palladam, Tamil Nadu, India | |
| Reeva Ethnic Wear Private Limited | ₹6.04 Cr (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Shri Madhav Syntex Private Limited | ₹6.03 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India | |||
| Anika Apparels Private Limited | ₹6.03 Cr (FY 2022) | -15.0% | Mumbai, Maharashtra, India | |||
| Kasare Vanya Silk Mill Private Limited | ₹6.02 Cr (FY 2024) | 72.0% | Birgaon, Chhattisgarh, India |
To see the full peer comparison of Vaipav Textiles Private Limited, buy the company report.
Auditor
Vaipav Textiles Private Limited is audited by SHANMUGAM VASUDEVAN AND COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANMUGAM VASUDEVAN AND COMPANY | FY 2019 | 011627S |
Shareholding
The shareholding of Vaipav Textiles Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vaipav Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2023 | 100691184 | Axis Bank Limited | ₹1.95 Cr | Open | |
| 22 Oct 2019 | 100297861 | Axis Bank Limited | ₹1.06 Cr | Open | |
| 17 Sep 2018 | 100207134 | Others | ₹20 Lakh | Open |
To see the full charge records of Vaipav Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Vaipav Textiles Private Limited has 6 court cases on record: 3 filed by Vaipav Textiles, 3 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Ltd. | Disposed |
| District court, Erode, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S.Axis Bank Ltd, | Disposed |
| Madras High Court | Writ petition | Filed by the company against State Tax Officer | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against State Tax Officer | Disposed |
To see the full case history of Vaipav Textiles 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 Vaipav Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaipav Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV7371K1ZY | Tamil Nadu | Active | 27 Sep 2017 |
To see the full GST registrations and return filing status of Vaipav Textiles Private Limited, buy the company report.
Recent activity
Vaipav Textiles Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Thangavelu Kotteswaran ceased to be Director on 07 May 2025.
Ceased
Thangavelu Kotteswaran ceased to be Director.
Appointed
Murugasamy Aravintharaj was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 195.00 Lakh with Charge ID 100691184 was registered on 11 Jan 2023.
Charges
A charge with Axis Bank Limited of Rs. 105.50 Lakh registered on 22 Oct 2019 with Charge ID 100297861 was modified on 03 May 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 105.50 Lakh with Charge ID 100297861 was registered on 22 Oct 2019.
AGM
Vaipav Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Vaipav Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Coimbatore.
Ceased
Aruchamy Gopalakrishnan ceased to be Director.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100207134 was registered on 17 Sep 2018.
Ceased
Ramalingam Thiyagu ceased to be Director.
Appointed
Murugasamy Ramesh was appointed as Director.
Appointed
Thangavelu Kotteswaran was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Vaipav Textiles is an active private limited company based in Palladam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 February 2017 (9+ years old) and is registered under CIN U17309TZ2017PTC028433.
Vaipav Textiles has 2 current directors:
- Murugasamy Ramesh - Director
- Murugasamy Aravintharaj - Director
The latest financial statements of Vaipav Textiles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vaipav Textiles is 33AAFCV7371K1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vaipav Textiles is U17309TZ2017PTC028433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaipav Textiles has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Vaipav Textiles was incorporated on 03 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Vaipav Textiles by revenue are SVT Spinning Mills Private Limited, Chancy Merchants Private Limited, Shikha Textiles Private Limited, Reeva Ethnic Wear Private Limited, Shri Madhav Syntex Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Thangavelu Kotteswaran ceased to be Director on 07 May 2025. Murugasamy Aravintharaj was appointed as Director on 10 Apr 2025. Aruchamy Gopalakrishnan ceased to be Director on 09 Feb 2019. Vaipav Textiles has 6 board changes on record in total.
Yes, Vaipav Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0004154).
The registered office of Vaipav Textiles is at Sf No 3812 Door No 1668, Devarayanpalayam, Palladam, Tamil Nadu, India – 641668.
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