Varda Spinning & Weaving Mills Private Limited Company Logo

Varda Spinning & Weaving Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Ludhiana, Punjab, India, established in 2010.

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

About Varda Spinning & Weaving Mills Private Limited

Varda Spinning & Weaving Mills Private Limited, a active private limited company, was established on 15 March 2010 in Ludhiana, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18109PB2010PTC033695. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.76 Cr.

It upholds a compliant status. Employing 7 professional, Its leadership includes Ashrafi (Director), Pankaj Singhania (Director). Past directors included Salil Malhotra, Krishan Lal Arora, Saroj Malhotra. It holds ₹21.87 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Village Jandiali Chandigarh Road Kohara, Ludhiana, Punjab, 141112.

Company Details

  • CIN/LLPIN

    U18109PB2010PTC033695

  • Registration Number

    033695

  • Incorporation Date

    15 March 2010

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.76 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.76 Cr
  • Company Age 15 Year, 8 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%
Company report

Varda Spinning & Weaving Mills Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Varda Spinning & Weaving Mills Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
AshrafiDirector19 Jan 2017Current
Pankaj SinghaniaDirector27 Sep 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Oct 2013Past
Pramod AbcsddDirector29 Apr 2010Past
Pramod AbcsddDirector15 Jan 2014Past
Pramod AbcsddDirector20 Jan 2017Past
Pramod AbcsddDirector15 Jan 2014Past

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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.

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Charges (Loans)

Open Charges

₹218,700,000.00

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

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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

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

  • Balance Sheet

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

  • 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 10 months . was recorded as a recent event.

  • Charges

    The activity 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. was completed.

  • Director Appointment

    The activity Pankaj Singhania was appointed as a Director was appointed as a Director on 27 Sep 2013 & has been associated with this company since 12 years 2 months . was completed.

  • Charges

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

Frequently Asked Questions

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

    The CIN of Varda Spinning & Weaving Mills Private Limited is U18109PB2010PTC033695.

  • Where is Varda Spinning & Weaving Mills Private Limited headquartered?

    Varda Spinning & Weaving Mills Private Limited is headquartered at Village Jandiali Chandigarh Road Kohara, Ludhiana, Punjab, 141112.

  • When was Varda Spinning & Weaving Mills Private Limited incorporated?

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

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

    The current directors of Varda Spinning & Weaving Mills Private Limited are

  • What is the primary industry of Varda Spinning & Weaving Mills Private Limited?

    The primary industry of Varda Spinning & Weaving Mills Private Limited is Manufacturing.

  • Is Varda Spinning & Weaving Mills Private Limited a listed company?

    Varda Spinning & Weaving Mills Private Limited is unlisted.

  • What is the capital structure of Varda Spinning & Weaving Mills Private Limited?

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

  • What is the compliance status of Varda Spinning & Weaving Mills Private Limited?

    The compliance status of Varda Spinning & Weaving Mills Private Limited is Compliant.

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