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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.02 Cr
  • Company Age 36 Year, 4 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Vikas Puri Whole-Time Director 14 Sep 1989 Current
Varinder Puri Managing Director 01 Nov 2006 Current
Vishal Puri Whole-Time Director 25 Jun 2015 Current
Ravinder Puri Director 22 Jan 2001 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Feb 2019 Past
Pramod Abcsdd Director 25 Feb 2019 Past
Pramod Abcsdd Director 25 Feb 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Whole-Time Director 31 Aug 2013 Past

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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25.37%
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Revenue from Operations
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25.37%
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Total Assets
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5.37%
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Profit or Loss
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52.00%
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Net Worth
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1.75%
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EBITDA
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15.44%
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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.

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

₹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
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 ₹1.80 Cr Satisfied
03 Jul 2003 Oriental Bank Of Commerce ₹1.50 M Satisfied

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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 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 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
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 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

    Progress on Varindera Spinners Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • 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

    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 recorded as a recent event.

  • Charges

    A charge registered on 22 May 2009 via Charge ID 10164047 with Oriental Bank Of Commerce was fully satisfied on 22 Jul 2020. was recorded as a recent event.

  • Charges

    A charge registered on 22 May 2009 via Charge ID 10164132 with Oriental Bank Of Commerce was fully satisfied on 22 Jul 2020. was recorded as a recent event.

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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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