Vaman Fabrics Private Limited
About Vaman Fabrics Private Limited
Data last updated:
Vaman Fabrics Private Limited was a private limited company based in Surat, Gujarat, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 August 1998.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1998PTC034581.
The company had an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.9 Cr. It was led by directors Rajeshreben Girishkumar Patel (Managing Director) and Girish Kantilal Patel (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 29/292 Satyanagar 4 Udhnaroad, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.42 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Cr (net margin -65%) and EBITDA of -₹1.31 Cr (EBITDA margin -29.6%).
As per MCA filings, the company had open charges of ₹17.17 Cr and satisfied charges of ₹29.65 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 1 case is pending.
Company details
Contact details
Vaman Fabrics Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address29/292 Satyanagar 4 Udhnaroad, Surat, Gujarat, India – 395007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vaman Fabrics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vaman Fabrics 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 Vaman Fabrics Private Limited, buy the company report.
Financials of Vaman Fabrics Private Limited
FY 2016 filings availableVaman Fabrics Private Limited reported revenue of ₹4.42 Cr (down 88% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year. EBITDA fell 188% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹4.42 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.31 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.88 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -29.6% | |
| Net Profit Margin | -65% | |
| 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 Vaman Fabrics Private Limited, buy the company report.
Board of directors of Vaman Fabrics Private Limited
Vaman Fabrics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshreben Girishkumar Patel | Managing Director | 02 Jan 2013 | 13 Years 10 Months | As last reported |
| Girish Kantilal Patel | Managing Director | 27 Aug 1998 | 28 Years 2 Months | As last reported |
Peer comparison
Vaman Fabrics Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Venus P P V Spinning Mills Private Limited | ₹4.43 Cr (FY 2019) | -24.0% | Salem, Tamil Nadu, India | |||
| Ithaca Clothing Private Limited | ₹4.43 Cr (FY 2024) | -31.0% | Bangalore, Karnataka, India | |||
| Bestitch Knits Private Limited | ₹4.43 Cr (FY 2025) | 1635.0% | Tirupur, Tamil Nadu, India | |||
| SPS Spinners Private Limited | ₹4.43 Cr (FY 2023) | 17.0% | Coimbatore, Tamil Nadu, India | |||
| Pinehill Business Direct Private Limited | ₹4.42 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Vaman Fabrics Private Limitedthis company | ₹4.42 Cr (FY 2016) | -₹2.88 Cr | -65% | -88.0% | Surat, Gujarat, India | |
| Manisha Spinning Mills Private Limited | ₹4.42 Cr (FY 2023) | -74.0% | Punjab, India |
To see the full peer comparison of Vaman Fabrics Private Limited, buy the company report.
Shareholding
The shareholding of Vaman Fabrics Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vaman Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2012 | 10343524 | Punjab National Bank | ₹4.19 Cr | Open | |
| 24 May 2011 | 10290033 | Punjab National Bank | ₹8.48 Cr | Open | |
| 26 Feb 2011 | 10277615 | Punjab National Bank | ₹4.5 Cr | Open | |
| 06 Feb 2010 | 10208180 | Bank of Baroda | ₹24.9 Cr | Satisfied | |
| 04 Feb 2010 | 10208179 | Bank of Baroda | ₹1.65 Cr | Satisfied |
To see the full charge records of Vaman Fabrics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Vaman Fabrics Private Limited has 9 court cases on record: 4 filed by Vaman Fabrics, 5 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by Magma Fincorp Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Development Credit Bank Limited and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Punjab National Bank and 1 other | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
To see the full case history of Vaman Fabrics 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.
Credit ratings & regulatory alerts
Vaman Fabrics Private Limited was last rated by Icra on 29 Jun 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Jun 2016 |
To see the full credit ratings and regulatory alerts of Vaman Fabrics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaman Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vaman Fabrics Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
GST
No GST registration is on our record for Vaman Fabrics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vaman Fabrics Private Limited has 5 board changes on record since 1998: 2 appointments and 3 cessations. The latest: Girish Kantilal Patel ceased to be Director on 03 Sep 2013.
11 earlier events are in the company report.
Frequently asked questions
Vaman Fabrics has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Vaman Fabrics was a private limited company based in Surat, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 27 August 1998 and is registered under CIN U17110GJ1998PTC034581. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Vaman Fabrics was incorporated on 27 August 1998. It is registered with the Registrar of Companies, Ahmedabad.
Vaman Fabrics had 2 directors:
- Rajeshreben Girishkumar Patel - Managing Director
- Girish Kantilal Patel - Managing Director
The CIN (Corporate Identification Number) of Vaman Fabrics is U17110GJ1998PTC034581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vaman Fabrics is at 29292 Satyanagar 4 Udhnaroad, Surat, Gujarat, India – 395007.
The latest financial statements of Vaman Fabrics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Vaman Fabrics operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Vaman Fabrics by revenue are Venus P P V Spinning Mills Private Limited, Ithaca Clothing Private Limited, Bestitch Knits Private Limited, SPS Spinners Private Limited, Pinehill Business Direct Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Vaman Fabrics has 9 court cases on record: 4 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Girish Kantilal Patel ceased to be Director on 03 Sep 2013. Rajeshreben Girishkumar Patel ceased to be Director on 03 Sep 2013. Kantilal Ramdas Patel ceased to be Director on 03 Jan 2013. Vaman Fabrics has 5 board changes on record in total.
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