Vasanti Textiles Private Limited
About Vasanti Textiles Private Limited
Data last updated:
Vasanti Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1988PTC047165. Its GSTIN is 24AAACR2170D1ZY (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Veekram Rungta and Athul Rungta.
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 Bhupen Chambers 4th Flr9 Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.08 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹6.85 Lakh (net margin 45.4%) and EBITDA of ₹10.06 Lakh (EBITDA margin 66.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 51% over five years.
As per MCA filings, the company has satisfied charges of ₹1.69 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBhupen Chambers 4th Flr9 Dalal Street Fort, Mumbai, Maharashtra, India – 400023
- 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
The main business activity of Vasanti Textiles 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
Financials of Vasanti Textiles Private Limited
FY 2024 filings availableVasanti Textiles Private Limited reported revenue of ₹15.08 Lakh (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 51%. 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹10.06 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹6.85 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 66.7% | |
| Net Profit Margin | 45.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Vasanti Textiles are in the company report.
: available in the company report
Board of Directors of Vasanti Textiles Private Limited
Vasanti Textiles 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 |
|---|---|---|---|---|
| Veekram Rungta Also directs: Vikrum Knit Private Limited | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Athul Rungta | Director | 27 Apr 1988 | 38 Years 5 Months | Current |
Auditor Details
Vasanti Textiles Private Limited is audited by K K HARYANI & CO. PROP. KISHOR K HARYANI for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K K HARYANI & CO. PROP. KISHOR K HARYANI | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2013 | United Bank of India | ₹12.5 Lakh | Satisfied |
| 19 Nov 2008 | United Bank of India | ₹25 Lakh | Satisfied |
| 13 Jun 2005 | Others | ₹49.5 Lakh | Satisfied |
| 06 Jun 1998 | Raghuvanshi Co-Op.Bank Ltd | ₹40 Lakh | Satisfied |
| 16 May 1989 | Indian Bank | ₹8.5 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases
Vasanti Textiles Private Limited has 5 court cases on record: 4 filed by Vasanti Textiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Dakshin Gujarat Vij Company Limited. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Disposed |
: available in the company report
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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Vasanti Textiles.
: available in the company report
Recent Activity
Vasanti Textiles Private Limited has 4 board changes on record since 1988: 2 appointments and 2 cessations. The latest: Mahesh Basant Kumar Rungta ceased to be Director on 09 Oct 2023.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Vasanti Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR2170D1ZY | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Vasanti Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 April 1988 (38+ years old) and is registered under CIN U17100MH1988PTC047165.
Vasanti Textiles has 2 current directors:
- Veekram Rungta - Director
- Athul Rungta - Director
The latest financial statements of Vasanti Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vasanti Textiles is 24AAACR2170D1ZY, registered in Gujarat. 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 Vasanti Textiles is U17100MH1988PTC047165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasanti Textiles has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Vasanti Textiles was incorporated on 27 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahesh Basant Kumar Rungta ceased to be Director on 09 Oct 2023. Veekram Rungta was appointed as Director on 30 Sep 2023. Ashok Basantkumar Rungta ceased to be Director on 21 Mar 2011. Vasanti Textiles has 4 board changes on record in total.
The registered office of Vasanti Textiles is at Bhupen Chambers 4th Flr9 Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
Vasanti Textiles operates in the manufacturing industry, in the textile and fabric production segment.