Varda Spinning & Weaving Mills Private Limited

Manufacturer of acrylic and polyester yarn with 12MT/day capacity, incorporated in 2010.

2010 | Ludhiana, Punjab (India) | Active
Last Updated:

Varda Spinning & Weaving Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.76 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.87 Cr
  • Revenue Growth -16.85%
  • Profit Growth 16.92%
  • Ebitda 79.64%
  • Net Worth -3.53%
  • Total Assets -18.49%

About Varda Spinning & Weaving Mills

Varda Spinning & Weaving Mills Private Limited (VSWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2010 and has a history of 15 years and two months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 3.76 Cr.

The company currently has active open charges totaling ₹21.87 Cr.

Pankaj Singhania and Ashrafi serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18109PB2010PTC033695

  • Company No.

    033695

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing
Company report

Varda Spinning & Weaving Mills Private Limited

Explore comprehensive data for Varda Spinning & Weaving Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Varda Spinning & Weaving Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Pankaj Singhania Country flag representing In Director 27-Sep-2013Current
Ashrafi Country flag representing In Director 19-Jan-2017Current

Financial Performance of Varda Spinning & Weaving Mills.

Varda Spinning & Weaving Mills Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 16.85% decrease. The company also saw a substantial improvement in profitability, with a 16.92% increase in profit. The company's net worth dipped by a decrease of 3.53%.

Varda Spinning & Weaving Mills revenue growth over time
Varda Spinning & Weaving Mills 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
-16.85%
Revenue from Operations
-14.18%
Total Assets
-18.49%
Profit or Loss
16.92%
Net Worth
-3.53%
EBITDA
79.64%

What is the Ownership and Shareholding Structure of Varda Spinning & Weaving Mills?

In 2017, Varda Spinning & Weaving Mills 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

₹21.87 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Bikaner And Jaipur : 21.57 Cr
  • State Bank Of Bikaner & Jaipur : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2011State Bank Of Bikaner & Jaipur₹3.00 MOpen
09 Jun 2010State Bank Of Bikaner And Jaipur₹21.57 CrOpen

How Many Employees Work at Varda Spinning & Weaving Mills?

Varda Spinning & Weaving Mills has a workforce of 7 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Varda Spinning & Weaving Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varda Spinning & Weaving Mills, 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 Varda Spinning & Weaving Mills'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 Varda Spinning & Weaving Mills

Recent activity within the organization

  • Annual General Meeting

    Varda Spinning & Weaving Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Varda Spinning & Weaving Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Ashrafi was appointed as a Director was appointed as a Director on 19 Jan 2017 & has been associated with this company since 8 years 4 months .

  • Charges

    A charge with State Bank Of Bikaner And Jaipur of Rs. 21.57 Cr registered on 09 Jun 2010 with Charge ID 10231360 was modified on 30 Dec 2014.

  • Director Appointment

    Pankaj Singhania was appointed as a Director was appointed as a Director on 27 Sep 2013 & has been associated with this company since 11 years 8 months .

  • Charges

    A charge with State Bank Of Bikaner & Jaipur amounted to Rs. 0.30 Cr with Charge ID 10312566 was registered on 25 Aug 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Varda Spinning & Weaving Mills Private Limited?

    Varda Spinning & Weaving Mills Private Limited was incorporated on 15 Mar 2010.

  • What is authorized share capital and paid-up capital of Varda Spinning & Weaving Mills Private Limited?

    The authorized share capital of Varda Spinning & Weaving Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.76 Cr.

  • Who are the current board members & directors of Varda Spinning & Weaving Mills Private Limited?

    Currently 2 directors are associated with Varda Spinning & Weaving Mills Private Limited.

    • Pankaj Singhania
    • Ashrafi

  • What is the registered address of Varda Spinning & Weaving Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varda Spinning & Weaving Mills Private Limited is Village Jandiali Chandigarh Road Kohara India, Ludhiana, Punjab, 141112.

  • What is the corporate identification number (CIN) and company number of Varda Spinning & Weaving Mills Private Limited?

    The corporate identification number (CIN) of Varda Spinning & Weaving Mills Private Limited is U18109PB2010PTC033695 and the company number is 033695 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Varda Spinning & Weaving Mills Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Varda Spinning & Weaving Mills Private Limited has fallen by -16.85%.

  • How many employees does Varda Spinning & Weaving Mills Private Limited currently have?

    As Per 2020 financial reports, 7 employees are currently employed by Varda Spinning & Weaving Mills Private Limited.

  • What change has been observed in the net worth of Varda Spinning & Weaving Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Varda Spinning & Weaving Mills Private Limited has experienced an downturn of -3.53%.

  • What are the total open charges for Varda Spinning & Weaving Mills Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Varda Spinning & Weaving Mills Private Limited amount to ₹ 21.87 Cr.

  • When was the last Balance Sheet of Varda Spinning & Weaving Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Varda Spinning & Weaving Mills Private Limited was filed with the ROC on 31 Mar 2023.

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