Venus Garments (India) Limited - Company Profile

It is a manufacturing public limited company based in Ludhiana, Punjab, India, established in 1999.
1999 Ludhiana, Punjab, India Under Cirp
Last Updated:
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About Venus Garments (India) Limited

Venus Garments (India) Limited, a under cirp public limited company, was established on 23 February 1999 in Ludhiana, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17117PB1999PLC022270. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹9.26 Cr.

Formerly known as Konian Knitfab Private Limited. It upholds a active non-compliant status. Employing 102 professional, Its leadership includes Anil Kumar Jain (Whole-Time Director), Tarun Jain (Whole-Time Director), Varun Jain (Director). Past directors included Sheetal Kumar Gupta, Tarun Jain, Sunita Jain. It holds ₹184.02 Cr open charges and ₹47.12 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at Village Hussainpura, Opp Hotel Amaltas, G.T. Road (West),, Ludhiana, Punjab, 141008.

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

    U17117PB1999PLC022270

  • Registration Number

    022270

  • Incorporation Date

    23 February 1999

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹9.26 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.26 Cr
  • Company Age 27 Year, 27 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 184.02 Cr
  • Satisfied Charges ₹ 47.12 Cr
  • Revenue Growth **** -62.43%
  • Profit Growth **** -53163.80%
  • Ebitda **** -274.35%
  • Net Worth -148.73%
  • Total Assets -17.45%
Company report

Venus Garments (India) Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Venus Garments (India) Limited — 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 Venus Garments (India) Limited?
Current Directors
Name Designation Appointment Date Status
Anil Kumar Jain Whole-Time Director 01 Aug 2008 Current
Tarun Jain Whole-Time Director 08 Dec 2003 Current
Varun Jain Director 27 Sep 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 25 Aug 2009 Past
Pramod Abcsdd Director 01 Dec 2015 Past
Pramod Abcsdd Director 10 Mar 2018 Past
Pramod Abcsdd Whole-Time Director 01 Sep 2016 Past
Pramod Abcsdd Whole-Time Director 01 Oct 2014 Past
Pramod Abcsdd Whole-Time Director 10 Sep 2016 Past

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Financial Performance of Venus Garments (India).

Venus Garments (India) Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 62.43% decrease. The company also saw a substantial fall in profitability, with a 53163.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 148.73%.

Venus Garments (India) revenue growth over time
Venus Garments (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 -62.43%
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Revenue from Operations
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 -62.31%
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Total Assets
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 -17.45%
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Profit or Loss
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 -53163.80%
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Net Worth
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 -148.73%
*******
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EBITDA
*******
 -274.35%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Venus Garments (India)?

In 2018, Venus Garments (India) had a promoter holding of 75.84% and a public holding of 24.16%. 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

₹1,840,200,000.00

Satisfied Charges

₹471,200,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 174.52 Cr
  • Punjab National Bank : 9.50 Cr
Latest Charge Details
Date Lender Amount Status
22 Sep 2012 State Bank Of India ₹35.11 Cr Open
22 Sep 2012 State Bank Of India ₹35.11 Cr Open
22 Sep 2012 State Bank Of India ₹10.89 Cr Open
24 Dec 2010 State Bank Of India ₹3.91 Cr Open
20 Jun 2008 State Bank Of India ₹9.50 Cr Open

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How Many Employees Work at Venus Garments (India)?

Venus Garments (India) has a workforce of 102 employees as of Apr 05, 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 Venus Garments (India), 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 Venus Garments (India)'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 Venus Garments (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Venus Garments (India) Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Venus Garments (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    A charge registered on 24 Dec 2010 via Charge ID 10262920 with State Bank Of India was fully satisfied on 13 Apr 2016. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 3.91 Cr registered on 24 Dec 2010 with Charge ID 10262919 was modified on 26 Feb 2016. was documented.

  • Charges

    The activity A charge with State Bank Of India of Rs. 80.00 Cr registered on 27 Apr 1999 with Charge ID 90311271 was modified on 26 Feb 2016. was completed.

  • Charges

    The activity A charge registered on 30 Dec 2008 via Charge ID 10138661 with State Bank Of India was fully satisfied on 29 Nov 2012. was completed.

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Frequently Asked Questions
What is the CIN of Venus Garments (India) Limited?

The CIN of Venus Garments (India) Limited is U17117PB1999PLC022270.

Where is Venus Garments (India) Limited headquartered?

Venus Garments (India) Limited is headquartered at Village Hussainpura, Opp Hotel Amaltas, G.T. Road (West),, Ludhiana, Punjab, 141008.

When was Venus Garments (India) Limited incorporated?

Venus Garments (India) Limited was incorporated on 23 February 1999.

Who are the current directors of Venus Garments (India) Limited?

The current directors of Venus Garments (India) Limited are

What is the primary industry of Venus Garments (India) Limited?

The primary industry of Venus Garments (India) Limited is Manufacturing.

Is Venus Garments (India) Limited a listed company?

Venus Garments (India) Limited is unlisted.

What is the capital structure of Venus Garments (India) Limited?

The authorized capital of Venus Garments (India) Limited is ₹10.00 Cr, and the paid-up capital is ₹9.26 Cr.

What is the compliance status of Venus Garments (India) Limited?

The compliance status of Venus Garments (India) Limited is Active Non-Compliant.

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