
Varindera Spinners Ltd
About Varindera Spinners Ltd
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Varindera Spinners Ltd is a public limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17117PB1989PLC009703. Its GSTIN is 03AABCV0293N1Z8 (Punjab).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.02 Cr. It is led by directors including Varinder Puri (Managing Director) and Vikas Puri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Majitha Roadbye Pass Khanna Nagar Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.34 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹6.46 Lakh (net margin -1%) and EBITDA of ₹78.17 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.42 Cr and satisfied charges of ₹5.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressMajitha Roadbye Pass Khanna Nagar Amritsar, Punjab, India – 143001
- IndustryManufacturing, Textile & Fabric Production
- 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
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CIN History of Varindera Spinners Ltd
Varindera Spinners has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17117PB1989PLC009703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17117PB1989PLC009703 | Current |
| L17117PB1989PLC009703 | Previous |
| U17117PB1989PTC009703 | Previous |
Business Activity of Varindera Spinners Ltd
The main business activity of Varindera Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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.
Auditor Details of Varindera Spinners Ltd
Varindera Spinners Ltd is audited by ARORA KHANNA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARORA KHANNA & ASSOCIATES | 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.
Board of Directors of Varindera Spinners Ltd
Varindera Spinners has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Puri | Whole-Time Director | 14 Sep 1989 | 37 Years 0 Months | Current |
| Varinder Puri | Managing Director | 01 Nov 2006 | 19 Years 11 Months | Current |
| Vishal Puri | Whole-Time Director | 25 Jun 2015 | 11 Years 3 Months | Current |
| Ravinder Puri | Director | 22 Jan 2001 | 25 Years 8 Months | Current |
Financials of Varindera Spinners Ltd FY 2025 filings available
Varindera Spinners Ltd reported revenue of ₹6.34 Cr (up 29.00% YoY) for FY 2025.
Growth of Varindera Spinners Ltd
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▲ 29% | ▲ 6% | n/a |
| EBITDA | ▲ 51% | n/a | n/a |
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 29% growth 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 Varindera Spinners Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹78.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.46 Lakh | •••• | •••• | •••• | •••• |
| 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 Varindera Spinners Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1% | •••• | •••• | •••• | •••• |
| 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 Varindera Spinners 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.
Ownership and Shareholding of Varindera Spinners Ltd
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 Varindera Spinners Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2022 | Others | ₹3.15 Cr | Open |
| 20 Jul 2019 | Hdfc Bank Limited | ₹1.27 Cr | Open |
| 22 May 2009 | Oriental Bank of Commerce | ₹1.87 Cr | Satisfied |
| 22 May 2009 | Oriental Bank of Commerce | ₹1.8 Cr | Satisfied |
| 03 Jul 2003 | Oriental Bank of Commerce | ₹15 Lakh | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Varindera Spinners Ltd
Varindera Spinners Ltd has a workforce of 13 employees as of Apr 08, 2024.
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.
GST Compliance of Varindera Spinners Ltd
Varindera Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV0293N1Z8 | Punjab | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Varindera Spinners Ltd
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 Varindera Spinners Ltd
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 Varindera Spinners Ltd
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.
MCA Filings & Documents of Varindera Spinners Ltd
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.
Recent Activity on Varindera Spinners Ltd
Frequently Asked Questions about Varindera Spinners Ltd
Varindera Spinners is an active public limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 September 1989 (37+ years old) and is registered under CIN U17117PB1989PLC009703.
Varindera Spinners reported revenue of ₹6.34 Cr for FY 2025 (up 29.00% YoY).
Varindera Spinners has 4 current directors:
- Varinder Puri - Managing Director
- Vikas Puri - Whole-Time Director
- Vishal Puri - Whole-Time Director
- Ravinder Puri - Director
Varindera Spinners reported a net loss of ₹6.46 Lakh (net margin -1%) and EBITDA of ₹78.17 Lakh (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varindera Spinners is 6% over three years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varindera Spinners is 03AABCV0293N1Z8, registered in Punjab.
The CIN (Corporate Identification Number) of Varindera Spinners is U17117PB1989PLC009703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varindera Spinners was incorporated on 14 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Varindera Spinners is at Majitha Roadbye Pass Khanna Nagar Amritsar, Punjab, India – 143001.