Vardhan Woolspin Private Limited
About Vardhan Woolspin Private Limited
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Vardhan Woolspin Private Limited is a private limited company based in Punjab, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 23 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18101PB1995PTC017335. Its GSTIN is 03AAACV5818J2ZB (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹63 Lakh. It is led by directors Nikhil Goyal and Satish Goyal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Purani Kotwalichaura Bazar Ludhiana, Punjab, India.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,536 (net margin 0%) and EBITDA of -₹7,543 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹12.67 Cr and satisfied charges of ₹1.98 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressPurani Kotwalichaura Bazar Ludhiana, Punjab, India
- IndustryFashion and Textile, Fashion Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Vardhan Woolspin Private Limited
The main business activity of Vardhan Woolspin is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vardhan Woolspin Private Limited FY 2021 filings available
Vardhan Woolspin Private Limited reported revenue of ₹1.64 Cr (up 163% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Vardhan Woolspin Private Limited
Revenue rose 163% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 100% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Vardhan Woolspin Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.64 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7,543 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,536 | •••• | •••• | •••• | •••• |
| 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 of Vardhan Woolspin Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vardhan Woolspin are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vardhan Woolspin Private Limited
Vardhan Woolspin has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Goyal Also directs: Vardhan Woolcombers Private Limited | Director | 09 Aug 2004 | 22 Years 2 Months | Current |
| Satish Goyal Also directs: Vardhan Woolcombers Private Limited | Director | 07 Oct 2012 | 14 Years 0 Months | Current |
Peer Comparison of Vardhan Woolspin Private Limited
Vardhan Woolspin Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Source One Synergies Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Relief Medical Solutions Private Limited | ₹1.66 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Thrissur, Kerala, India |
| Deeba Fabrics Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Loyal International Sourcing Private Limited | ₹1.65 Cr (FY 2022) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| J P Creations Private Limited | ₹1.64 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Vardhan Woolspin Private Limited this company | ₹1.64 Cr (FY 2021) | •••• | •••• | 163.0% | •••• | Punjab, India |
| Biren Textorium Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Rajkot, Gujarat, India |
| D & S Organics Private Limited | ₹1.64 Cr (FY 2023) | •••• | •••• | -17.0% | •••• | Serampore, West Bengal, India |
| Encrustd Fashion Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Bangalore, Karnataka, India |
| Diligent Mercantile Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Surkhab Exports Private Limited | ₹1.63 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Vardhan Woolspin by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vardhan Woolspin Private Limited
Vardhan Woolspin Private Limited is audited by GOPAL ARORA AND COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOPAL ARORA AND COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vardhan Woolspin Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vardhan Woolspin Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2008 | Canara Bank | ₹12.67 Cr | Open |
| 20 Feb 1997 | State Bank of India | ₹98 Lakh | Satisfied |
| 02 Aug 1996 | Small Indl Development Bank of India | ₹1 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Vardhan Woolspin Private Limited
Employment history and EPFO contributions of people linked to Vardhan Woolspin.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vardhan Woolspin Private Limited
Vardhan Woolspin Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Neelam Goyal ceased to be Director on 07 Oct 2012.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vardhan Woolspin Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vardhan Woolspin Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vardhan Woolspin Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vardhan Woolspin Private Limited
Vardhan Woolspin has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV5818J2ZB | Punjab | Active | 30 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vardhan Woolspin Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vardhan Woolspin Private Limited
Vardhan Woolspin is an active private limited company based in Punjab, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 23 November 1995 (31+ years old) and is registered under CIN U18101PB1995PTC017335.
Vardhan Woolspin reported revenue of ₹1.64 Cr for FY 2021 (up 163% YoY).
Vardhan Woolspin has 2 current directors:
- Nikhil Goyal - Director
- Satish Goyal - Director
Vardhan Woolspin reported a net loss of ₹1,536 (net margin 0%) and EBITDA of -₹7,543 (EBITDA margin 0%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vardhan Woolspin is -25% over three years and -24% over five years. In the latest year (FY 2021) revenue rose 163%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vardhan Woolspin is 03AAACV5818J2ZB, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhan Woolspin is U18101PB1995PTC017335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhan Woolspin was incorporated on 23 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vardhan Woolspin by revenue are Source One Synergies Private Limited, Relief Medical Solutions Private Limited, Deeba Fabrics Private Limited, Loyal International Sourcing Private Limited, J P Creations Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Neelam Goyal ceased to be Director on 07 Oct 2012. Satish Goyal was appointed as Director on 07 Oct 2012. Surinder Goyal ceased to be Director on 03 Feb 2008. Vardhan Woolspin has 4 board changes on record in total.
The registered office of Vardhan Woolspin is at Purani Kotwalichaura Bazar Ludhiana, Punjab, India.