Veebee Yarnntex Private Limited
About Veebee Yarnntex Private Limited
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Veebee Yarnntex Private Limited is a private limited company based in Rajapalayam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN2004PTC052510. Its GSTIN is 33AAJCS0638L1Z7 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Shree V B Spintex Private Limited and Vee Bee Yarn Tex Private Limited. It is led by directors including Alagarsamy Saravanakumar (Managing Director) and Saravanakumar Ramapriya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Subburaaj Cotton Mill Private Limited Mill Premise Srivilliputtur Road Kothankulam Village, Rajapalayam, Tamil Nadu, India – 626117.
As per the financials filed for FY 2025, the company reported a revenue of ₹284.2 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.13 Cr (net margin 3.2%) and EBITDA of ₹49.3 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 967 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹250.97 Cr and satisfied charges of ₹190.99 Cr on record. Court records list 21 cases involving the company, including 16 filed by the company and 5 filed against it; 1 case is pending. The company has 5 deals on record (5 secondary share transfers); the latest was in March 2020. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Radheshyam Cotspin Private Limited with revenue of ₹285.86 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Veebee Yarnntex has undergone 3 name changes throughout its history. The company was previously known as Shree V B Spintex Private Limited, Vee Bee Yarn Tex Private Limited, and Veebee Yarn Tex Private Limited. The current legal name is Veebee Yarnntex Private Limited.
| Company Name | Status |
|---|---|
| Veebee Yarnntex Private Limited | Current |
| Shree V B Spintex Private Limited | Previous |
| Vee Bee Yarn Tex Private Limited | Previous |
| Veebee Yarn Tex Private Limited | Previous |
Contact details
Veebee Yarnntex Private Limited's registered office is in Rajapalayam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSubburaaj Cotton Mill Private Limited Mill Premise Srivilliputtur Road Kothankulam Village, Rajapalayam, Tamil Nadu, India – 626117
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Veebee Yarnntex 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 Veebee Yarnntex 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 Veebee Yarnntex Private Limited, buy the company report.
Financials of Veebee Yarnntex Private Limited
FY 2024 filings availableVeebee Yarnntex Private Limited reported revenue of ₹284.2 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 33% 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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| EBITDA | ₹49.3 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.13 Cr | ||||
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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 | 17.3% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Veebee Yarnntex Private Limited, buy the company report.
Board of directors of Veebee Yarnntex Private Limited
Veebee Yarnntex has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravanakumar Ramapriya | Whole-Time Director | 11 Feb 2004 | 22 Years 8 Months | Current |
| Alagarsamy Saravanakumar | Managing Director | 11 Feb 2004 | 22 Years 8 Months | Current |
| Shrutika Saravanakumar | Whole-Time Director | 24 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Veebee Yarnntex Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Radheshyam Cotspin Private Limited | ₹285.86 Cr (FY 2025) | 9.0% | At Babra, Gujarat, India | |||
| Carloo Tex Private Limited | ₹285.74 Cr (FY 2024) | 1283.0% | Tirupur, Tamil Nadu, India | |||
| Dhruv Globals Limited | ₹285.05 Cr (FY 2019) | -8.0% | Faridabad, Haryana, India | |||
| Veebee Yarnntex Private Limitedthis company | ₹284.2 Cr (FY 2025) | ₹9.13 Cr | 3.2% | -2.0% | 967 | Rajapalayam, Tamil Nadu, India |
| Adisankara Spinning Mills Private Limited | ₹283.43 Cr (FY 2024) | -12.0% | Tiruppur, Tamil Nadu, India | |||
| Nova Textiles Private Limited | ₹283.02 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Baldev Textile Mills Private Limited | ₹282.98 Cr (FY 2025) | 3.0% | Hatkanangale, Maharashtra, India | |||
| Shree Ginger Enterprises Limited | ₹282.29 Cr (FY 2019) | -36.0% | Thane, Maharashtra, India |
To see the full peer comparison of Veebee Yarnntex Private Limited, buy the company report.
Auditor
Veebee Yarnntex Private Limited is audited by SRITHAR AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRITHAR AND ASSOCIATES | FY 2023 | 015896S |
Shareholding
The shareholding of Veebee Yarnntex 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 Veebee Yarnntex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2021 | 100535442 | Hdfc Bank Limited | ₹38.57 Cr | Open | |
| 01 Dec 2021 | 100513629 | State Bank of India | ₹212.31 Cr | Open | |
| 18 Mar 2021 | 100437603 | Others | ₹8.6 Lakh | Open | |
| 30 Jul 2021 | 100473588 | Axis Bank Limited | ₹33 Cr | Satisfied | |
| 08 Sep 2007 | 10072916 | Tamilnadu Mercantile Bank Ltd | ₹4.5 Lakh | Satisfied |
To see the full charge records of Veebee Yarnntex Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Veebee Yarnntex Private Limited has 5 deals on record (5 secondary share transfers); the latest was in March 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veebee Yarnntex Private Limited has 21 court cases on record: 16 filed by Veebee Yarnntex, 5 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 1 | 0 |
| District courts | 5 | 4 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Virudhunagar, Tamil Nadu | Court case (COS) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Veebee Yarnntex 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
Veebee Yarnntex Private Limited was last rated by Icra on 05 Jul 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 05 Jul 2018 |
To see the full credit ratings and regulatory alerts of Veebee Yarnntex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veebee Yarnntex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veebee Yarnntex Private Limited has a workforce of 967 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Veebee Yarnntex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS0638L1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veebee Yarnntex Private Limited, buy the company report.
Recent activity
Veebee Yarnntex Private Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Shrutika Saravanakumar was appointed as Whole-Time Director on 24 Oct 2025.
15 earlier events are in the company report.
Frequently asked questions
Veebee Yarnntex is an active private limited company based in Rajapalayam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 February 2004 (22+ years old) and is registered under CIN U17111TN2004PTC052510.
Veebee Yarnntex has 3 current directors:
- Alagarsamy Saravanakumar - Managing Director
- Saravanakumar Ramapriya - Whole-Time Director
- Shrutika Saravanakumar - Whole-Time Director
The latest financial statements of Veebee Yarnntex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Veebee Yarnntex is 33AAJCS0638L1Z7, registered in Tamil Nadu. 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 Veebee Yarnntex is U17111TN2004PTC052510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veebee Yarnntex has 21 court cases on record: 16 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Veebee Yarnntex was incorporated on 11 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Veebee Yarnntex has 5 deals on record (5 secondary share transfers); the latest was in March 2020.
The peers of Veebee Yarnntex by revenue are Radheshyam Cotspin Private Limited, Carloo Tex Private Limited, Dhruv Globals Limited, Adisankara Spinning Mills Private Limited, Nova Textiles Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shrutika Saravanakumar was appointed as Whole-Time Director on 24 Oct 2025. Saravanakumar Ramapriya ceased to be Director on 15 Mar 2018. Bagyam Venkadasamy Naidu ceased to be Director on 16 Sep 2015. Veebee Yarnntex has 9 board changes on record in total.
The registered office of Veebee Yarnntex is at Subburaaj Cotton Mill Private Limited Mill Premise Srivilliputtur Road Kothankulam Village, Rajapalayam, Tamil Nadu, India – 626117.