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:
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.76 Cr
  • Company Age 16 Year, 4 Days
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Ashrafi Director 19 Jan 2017 Current
Pankaj Singhania Director 27 Sep 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Oct 2013 Past
Pramod Abcsdd Director 29 Apr 2010 Past
Pramod Abcsdd Director 15 Jan 2014 Past
Pramod Abcsdd Director 20 Jan 2017 Past
Pramod Abcsdd Director 15 Jan 2014 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -16.85%
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Revenue from Operations
*******
 -14.18%
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*******
*******
Total Assets
*******
 -18.49%
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*******
*******
*******
Profit or Loss
*******
 16.92%
*******
*******
*******
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Net Worth
*******
 -3.53%
*******
*******
*******
*******
EBITDA
*******
 79.64%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
25 Aug 2011 State Bank Of Bikaner & Jaipur ₹3.00 M Open
09 Jun 2010 State Bank Of Bikaner And Jaipur ₹21.57 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Varda Spinning & Weaving Mills
Recent Activity within the Organization
  • Annual General Meeting

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

  • 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

    The activity Ashrafi was appointed as a Director was appointed as a Director on 19 Jan 2017 & has been associated with this company since 9 years 2 months . was completed.

  • 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

    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 5 months . was recorded as a recent event.

  • Charges

    Progress on 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 documented.

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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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