Vedha Spinning Mills Private Limited
About Vedha Spinning Mills Private Limited
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Vedha Spinning Mills Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2001PTC009831. Its GSTIN is 33AABCV2433Q1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Jaichand Jayalakshmi (Managing Director) and Chennimalai Gounder Kandaswamy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 207 Mangalam Road Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2025, the company reported a revenue of ₹327.96 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.71 Cr (net margin 2.4%) and EBITDA of ₹22.14 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 1,069 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹106.98 Cr and satisfied charges of ₹448.82 Cr on record. Court records list 34 cases involving the company, including 27 filed by the company and 7 filed against it; 4 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1.15 Cr; the latest was in June 2022. Its 6 peer companies in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Mahak Synthetics Mills Private Limited with revenue of ₹329.86 Cr. The company has 2 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vedha Spinning Mills Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address207 Mangalam Road Tirupur, Tamil Nadu, India – 641604
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vedha Spinning Mills Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vedha Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vedha Spinning Mills Private Limited, buy the company report.
Financials of Vedha Spinning Mills Private Limited
FY 2025 filings availableVedha Spinning Mills Private Limited reported revenue of ₹327.96 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 15% growth in the latest year. EBITDA rose 243% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹22.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.71 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Vedha Spinning Mills Private Limited, buy the company report.
Board of directors of Vedha Spinning Mills Private Limited
Vedha Spinning Mills has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chennimalai Gounder Kandaswamy | Whole-Time Director | 26 Mar 2004 | 22 Years 7 Months | Current |
| Jaichand Jayalakshmi Also directs: JJSS Ventures LLP | Managing Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Gopal Also directs: Sri Lalithambighai Textiles Private Limited | Additional Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Peer comparison
Vedha Spinning Mills Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahak Synthetics Mills Private Limited | ₹329.86 Cr (FY 2025) | -31.0% | Ahmedabad, Gujarat, India | |||
| RPG Industrial Product Private Limited | ₹329.82 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Polynova Industries Limited | ₹328.94 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Vedha Spinning Mills Private Limitedthis company | ₹327.96 Cr (FY 2025) | ₹7.71 Cr | 2.4% | 15.0% | 1,069 | Tirupur, Tamil Nadu, India |
| Radiant Textiles Private Limited | ₹327.2 Cr (FY 2025) | 1.0% | Samana, Punjab, India | |||
| KRG Textile Mills Private Limited | ₹327 Cr (FY 2024) | 88.0% | Palladam, Tamil Nadu, India | |||
| The Ganges Manufacturing Company | ₹325.27 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vedha Spinning Mills Private Limited, buy the company report.
Shareholding
The shareholding of Vedha Spinning Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vedha Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2025 | 101167661 | State Bank of India | ₹6 Cr | Open | |
| 14 Nov 2022 | 100663271 | State Bank of India | ₹90.98 Cr | Open | |
| 06 Mar 2015 | 10555930 | State Bank of India | ₹10 Cr | Open | |
| 26 Jun 2019 | 100275475 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 24 Feb 2016 | 100019098 | State Bank of India | ₹179.72 Cr | Satisfied |
To see the full charge records of Vedha Spinning Mills Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Vedha Spinning Mills Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1.15 Cr; the latest was in June 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| May 2022 | Funding round | ₹1.15 Cr | Investors: 4 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
To see the full deal history of Vedha Spinning Mills Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vedha Spinning Mills Private Limited has 34 court cases on record: 27 filed by Vedha Spinning Mills, 7 filed against it. 4 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 1 | 2 |
| District courts | 5 | 5 | 2 |
| NCLT | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against Tamil Nadu Power Distribution Corporation Ltd ( Tnpdcl) | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Power Distribution Corporation Ltd ( Tnpdcl) | Disposed |
| District court, Dindigul, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Union of India and 2 others | Pending |
To see the full case history of Vedha Spinning Mills Private Limited, buy 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.
Credit ratings & regulatory alerts
Vedha Spinning Mills Private Limited was last rated by Icra on 27 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Sep 2020 |
To see the full credit ratings and regulatory alerts of Vedha Spinning Mills Private Limited, buy the company report.
MSME payment delays
Vedha Spinning Mills Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Vedha Spinning Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vedha Spinning Mills Private Limited has a workforce of 1,069 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,069 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vedha Spinning Mills Private Limited, buy the company report.
GST
Vedha Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV2433Q1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vedha Spinning Mills Private Limited, buy the company report.
Recent activity
Vedha Spinning Mills Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Gopal was appointed as Additional Director on 01 Oct 2024.
55 earlier events are in the company report.
Frequently asked questions
Vedha Spinning Mills is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 July 2001 (25+ years old) and is registered under CIN U17111TZ2001PTC009831.
Vedha Spinning Mills has 3 current directors:
- Jaichand Jayalakshmi - Managing Director
- Chennimalai Gounder Kandaswamy - Whole-Time Director
- Gopal - Additional Director
The latest financial statements of Vedha Spinning Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vedha Spinning Mills is 33AABCV2433Q1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vedha Spinning Mills is U17111TZ2001PTC009831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vedha Spinning Mills has 34 court cases on record: 27 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Vedha Spinning Mills was incorporated on 17 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Coimbatore.
Vedha Spinning Mills has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1.15 Cr; the latest was in June 2022.
The peers of Vedha Spinning Mills by revenue are Mahak Synthetics Mills Private Limited, RPG Industrial Product Private Limited, Polynova Industries Limited, Radiant Textiles Private Limited, KRG Textile Mills Private Limited and 1 more, all in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products).
Gopal was appointed as Additional Director on 01 Oct 2024. Chennimalai Gounder Kandaswamy ceased to be Director on 10 Jun 2022. Jaichand Jayalakshmi ceased to be Additional Director on 10 Jun 2022. Vedha Spinning Mills has 8 board changes on record in total.
Vedha Spinning Mills has 2 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Dec 2023.
The registered office of Vedha Spinning Mills is at 207 Mangalam Road Tirupur, Tamil Nadu, India – 641604.
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