Vasant Fabrics Pvt Ltd
About Vasant Fabrics Pvt Ltd
Data last updated:
Vasant Fabrics Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1990PTC014192. Its GSTIN is 24AABCV5908Q1ZU (Gujarat).
The company has an authorised share capital of ₹1.02 Cr and a paid-up capital of ₹79.13 Lakh. It is led by directors Satyen Somani and Chirayu Satyen Somani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 146 GIDC Pandesaradist, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.78 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 3.2%) and EBITDA of ₹3.12 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.45 Cr and satisfied charges of ₹18.11 Cr on record. Court records list 29 cases involving the company, including 1 filed by the company and 28 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address146 GIDC Pandesaradist, Surat, Gujarat, India – 394221
- 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
- One PDF report, delivered after checkout
Business Activity of Vasant Fabrics Pvt Ltd
The main business activity of Vasant Fabrics 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.
Financials of Vasant Fabrics Pvt Ltd FY 2024 filings available
Vasant Fabrics Pvt Ltd reported revenue of ₹44.78 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vasant Fabrics Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA rose 29% 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 Vasant Fabrics Pvt 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 | ₹3.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.42 Cr | •••• | •••• | •••• | •••• |
| 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 Vasant Fabrics Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Vasant Fabrics 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.
Peer Comparison of Vasant Fabrics Pvt Ltd
Vasant Fabrics Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunita Processors Private Limited | •••• | •••• | •••• | •••• | 20 | Surat, Gujarat, India |
| Kayel Syntex Limited | •••• | •••• | •••• | •••• | 36 | Mehsana, Gujarat, India |
| Apvarnam Textiles Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kuheli Dealcom Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Suhasini Textile Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Vasant Fabrics Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Narsing Textiles Industries Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Arunaagold Tex Corporate Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Vaidehi Trendz Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| N. K. Silks (India) Private Limited | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
| Prince Yarnn India Limited | •••• | •••• | •••• | •••• | 31 | Erode, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Vasant Fabrics by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Vasant Fabrics Pvt Ltd
Vasant Fabrics Pvt Ltd is audited by G.D.M & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.D.M & CO | 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 Vasant Fabrics Pvt Ltd
Vasant Fabrics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyen Somani Also directs: Karma Mercantile LLP, Priyanshi Creations Private Limited | Director | 27 Nov 2002 | 23 Years 10 Months | Current |
| Chirayu Satyen Somani Also directs: Priyanshi Creations Private Limited, Rebounce Jaipur LLP, Rebounce Indore LLP and 5 more | Director | 09 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Vasant Fabrics Pvt 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 Vasant Fabrics Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2016 | Others | ₹2.43 Cr | Open |
| 25 Nov 2009 | Others | ₹7.02 Cr | Open |
| 18 Mar 2024 | Sidbi | ₹7.28 Cr | Satisfied |
| 29 Oct 2013 | The Sarvodaya Sahakari Bank Ltd | ₹1.23 Cr | Satisfied |
| 25 Jan 2007 | Icici Bank Limited | ₹4.3 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Vasant Fabrics Pvt Ltd
Vasant Fabrics Pvt Ltd has 29 court cases on record: 1 filed by Vasant Fabrics, 28 filed against it. 1 case is pending and 28 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 28 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Inspector Under Minimum Wages Act, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Inspector Under Minimum Wages Act, Surat | Disposed |
Full case history
All 29 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Vasant Fabrics Pvt Ltd
Vasant Fabrics Pvt Ltd has 10 MSME Form 1 returns on record between 2020 and 2023, listing 788 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Mugatlal B. & Sons | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Vasant Fabrics Pvt Ltd
Vasant Fabrics Pvt Ltd has a workforce of 97 employees as of Apr 05, 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.
Group Structure of Vasant Fabrics Pvt Ltd
Vasant Fabrics has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Vasant Fabrics Pvt Ltd
Vasant Fabrics Pvt Ltd has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Chirayu Satyen Somani was appointed as Director on 09 Feb 2023.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vasant Fabrics Pvt 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.
Subsidiaries & Group Companies of Vasant Fabrics Pvt 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.
GST Compliance of Vasant Fabrics Pvt Ltd
Vasant Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV5908Q1ZU | Gujarat | 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.
MCA Filings & Documents of Vasant Fabrics Pvt 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.
Frequently Asked Questions about Vasant Fabrics Pvt Ltd
Vasant Fabrics is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 August 1990 (36+ years old) and is registered under CIN U17110GJ1990PTC014192.
Vasant Fabrics reported revenue of ₹44.78 Cr for FY 2025 (up 1% YoY).
Vasant Fabrics has 2 current directors:
- Satyen Somani - Director
- Chirayu Satyen Somani - Director
Vasant Fabrics reported a net profit of ₹1.42 Cr (net margin 3.2%) and EBITDA of ₹3.12 Cr (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasant Fabrics is 20% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vasant Fabrics is 24AABCV5908Q1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Vasant Fabrics is U17110GJ1990PTC014192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasant Fabrics has 29 court cases on record: 1 filed by the company and 28 filed against it. 1 is pending. Most are in the district courts.
Vasant Fabrics was incorporated on 13 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vasant Fabrics by revenue are Sunita Processors Private Limited, Kayel Syntex Limited, Apvarnam Textiles Private Limited, Kuheli Dealcom Pvt Ltd, Suhasini Textile Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Chirayu Satyen Somani was appointed as Director on 09 Feb 2023. Manish Kumar Somani ceased to be Director on 09 Feb 2023. Satyanarayan Mangilal Maheswari ceased to be Director on 25 Jul 2019. Vasant Fabrics has 5 board changes on record in total.
Vasant Fabrics has 10 MSME Form 1 returns on record between 2020 and 2023, listing 788 overdue payments to 31 micro and small suppliers. The latest return was filed on 29 Aug 2023.