Varindera Spinners Ltd Company Logo

Varindera Spinners Ltd - Company Profile

It is a manufacturing public limited company based in Punjab, Punjab, India, established in 1989.

1989 | Punjab, Punjab, India | Active
Last Updated:

About Varindera Spinners Ltd

Varindera Spinners Ltd, a active public limited company, was established on 14 September 1989 in Punjab, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17117PB1989PLC009703. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹2.02 Cr.

It upholds a compliant status. Employing 13 professional, Its leadership includes Vikas Puri (Whole-Time Director), Varinder Puri (Managing Director), Vishal Puri (Whole-Time Director). Past directors included Gopal Mahindru, Sidharth Arora, Sumeet Khanna. It holds ₹4.42 Cr open charges and ₹5.85 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Majitha Roadbye Pass Khanna Nagar Amritsar, Punjab, Punjab, 143001.

Company Details

  • CIN/LLPIN

    U17117PB1989PLC009703

  • Registration Number

    009703

  • Incorporation Date

    14 September 1989

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹2.02 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.02 Cr
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.42 Cr
  • Satisfied Charges ₹ 5.85 Cr
  • Revenue Growth 25.37%
  • Profit Growth 52.00%
  • Ebitda 15.44%
  • Net Worth 1.75%
  • Total Assets 5.37%
Company report

Varindera Spinners Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Varindera Spinners Ltd — 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 Varindera Spinners Ltd?

Current Directors

NameDesignationAppointment DateStatus
Vikas PuriWhole-Time Director14 Sep 1989Current
Varinder PuriManaging Director01 Nov 2006Current
Vishal PuriWhole-Time Director25 Jun 2015Current
Ravinder PuriDirector22 Jan 2001Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Feb 2019Past
Pramod AbcsddDirector25 Feb 2019Past
Pramod AbcsddDirector25 Feb 2019Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddWhole-Time Director31 Aug 2013Past

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Financial Performance of Varindera Spinners.

Varindera Spinners Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 25.37% increase. The company also saw a substantial improvement in profitability, with a 52% increase in profit. The company's net worth moved up by a moderate rise of 1.75%.

Varindera Spinners revenue growth over time
Varindera Spinners 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
25.37%
Revenue from Operations
25.37%
Total Assets
5.37%
Profit or Loss
52.00%
Net Worth
1.75%
EBITDA
15.44%

What is the Ownership and Shareholding Structure of Varindera Spinners?

In 2020, Varindera Spinners 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

₹44,200,000.00

Satisfied Charges

₹58,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 3.15 Cr
  • Hdfc Bank Limited : 1.27 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2022Others₹3.15 CrOpen
20 Jul 2019Hdfc Bank Limited₹1.27 CrOpen
22 May 2009Oriental Bank Of Commerce₹1.87 CrSatisfied
22 May 2009Oriental Bank Of Commerce₹1.80 CrSatisfied
03 Jul 2003Oriental Bank Of Commerce₹1.50 MSatisfied

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How Many Employees Work at Varindera Spinners?

Varindera Spinners has a workforce of 13 employees as of Apr 08, 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 Varindera Spinners Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varindera Spinners, 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 Varindera Spinners'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

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Latest Updates, News, and FAQs on Varindera Spinners

Recent Activity within the Organization

  • Annual General Meeting

    Varindera Spinners Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Varindera Spinners Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.15 Cr with Charge ID 100616534 was registered on 19 Sep 2022. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 1.27 Cr registered on 20 Jul 2019 with Charge ID 100281046 was modified on 21 Aug 2020. was documented.

  • Charges

    The activity A charge registered on 22 May 2009 via Charge ID 10164047 with Oriental Bank Of Commerce was fully satisfied on 22 Jul 2020. was completed.

  • Charges

    The activity A charge registered on 22 May 2009 via Charge ID 10164132 with Oriental Bank Of Commerce was fully satisfied on 22 Jul 2020. was completed.

Frequently Asked Questions

  • What is the CIN of Varindera Spinners Ltd?

    The CIN of Varindera Spinners Ltd is U17117PB1989PLC009703.

  • Where is Varindera Spinners Ltd headquartered?

    Varindera Spinners Ltd is headquartered at Majitha Roadbye Pass Khanna Nagar Amritsar, Punjab, Punjab, 143001.

  • When was Varindera Spinners Ltd incorporated?

    Varindera Spinners Ltd was incorporated on 14 September 1989.

  • Who are the current directors of Varindera Spinners Ltd?

    The current directors of Varindera Spinners Ltd are

  • What is the primary industry of Varindera Spinners Ltd?

    The primary industry of Varindera Spinners Ltd is Manufacturing.

  • Is Varindera Spinners Ltd a listed company?

    Varindera Spinners Ltd is unlisted.

  • What is the capital structure of Varindera Spinners Ltd?

    The authorized capital of Varindera Spinners Ltd is ₹4.00 Cr, and the paid-up capital is ₹2.02 Cr.

  • What is the compliance status of Varindera Spinners Ltd?

    The compliance status of Varindera Spinners Ltd is Compliant.

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