Venus P P Varadharaju Spinning Mills Private Limited - Company Profile

It is a manufacturing private limited company based in Salem, Tamil Nadu, India, established in 1989.
1989 Salem, Tamil Nadu, India Active
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About Venus P P Varadharaju Spinning Mills Private Limited

Venus P P Varadharaju Spinning Mills Private Limited, a active private limited company, was established on 29 November 1989 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1989PTC002531. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.10 Cr and a paid-up capital of ₹2.10 Cr.

Formerly known as Swaminathan Spinning Mills Private Limited. It upholds a compliant status. Employing 14 professional, Its leadership includes Varadaraju Gopu Barath (Managing Director), Varadaraju Gopu Arun (Director). Past directors included Varadarajuluchettiar Gopu, Varadaraju Sundaram, Varadaraju Gopu Barath. It holds ₹6.29 Cr open charges and ₹8.17 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 21/1B, Mettupatty Colony Road, Mettupatty,, Salem, Tamil Nadu, 636111.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17111TZ1989PTC002531

  • Registration Number

    002531

  • Incorporation Date

    29 November 1989

  • Authorized Capital

    ₹2.10 Cr

  • Paid-Up Capital

    ₹2.10 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.29 Cr
  • Satisfied Charges ₹ 8.17 M
  • Revenue Growth **** 52.45%
  • Profit Growth **** 216.65%
  • Ebitda **** 50.59%
  • Net Worth 151.26%
  • Total Assets -18.14%
Company report

Venus P P Varadharaju Spinning Mills Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Venus P P Varadharaju Spinning Mills Private 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 P P Varadharaju Spinning Mills Private Limited?
Current Directors
Name Designation Appointment Date Status
Varadaraju Gopu Barath Managing Director 01 Apr 2013 Current
Varadaraju Gopu Arun Director 01 Apr 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Nov 2010 Past
Pramod Abcsdd Director 11 Dec 2021 Past
Pramod Abcsdd Director 03 Feb 2020 Past
Pramod Abcsdd Additional Director 26 Sep 2013 Past

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Financial Performance of Venus P P Varadharaju Spinning Mills.

Venus P P Varadharaju Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.45% increase. The company also saw a substantial improvement in profitability, with a 216.65% increase in profit. The company's net worth Soared by an impressive increase of 151.26%.

Venus P P Varadharaju Spinning Mills revenue growth over time
Venus P P Varadharaju Spinning Mills 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
********
 52.45%
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*******
*******
*******
Revenue from Operations
*******
 52.49%
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*******
*******
*******
Total Assets
*******
 -18.14%
*******
*******
*******
*******
Profit or Loss
*******
 216.65%
*******
*******
*******
*******
Net Worth
*******
 151.26%
*******
*******
*******
*******
EBITDA
*******
 50.59%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Venus P P Varadharaju Spinning Mills?

Unlock access to Venus P P Varadharaju Spinning Mills's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹62,902,004.00

Satisfied Charges

₹8,173,000.00

Charges Breakdown by Lending Institutions
  • Others : 6.29 Cr
Latest Charge Details
Date Lender Amount Status
30 Jan 2024 Others ₹2.19 Cr Open
29 Mar 2006 Others ₹4.10 Cr Open
10 Sep 2001 The Kanataka Bank Limited ₹2.00 M Satisfied
03 Jan 1995 The Kanataka Bank Limited ₹6.17 M Satisfied

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How Many Employees Work at Venus P P Varadharaju Spinning Mills?

Venus P P Varadharaju Spinning Mills has a workforce of 14 employees as of Apr 02, 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 P P Varadharaju Spinning Mills, 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 P P Varadharaju Spinning Mills's trajectory.

Rating
Graph displaying rating trends over time

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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 P P Varadharaju Spinning Mills
Recent Activity within the Organization
  • Annual General Meeting

    The activity Venus P P Varadharaju Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Venus P P Varadharaju Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Charges

    A charge with Others amounted to Rs. 2.19 Cr with Charge ID 100858829 was registered on 30 Jan 2024. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 4.10 Cr registered on 29 Mar 2006 with Charge ID 10001315 was modified on 31 Dec 2021. was recorded as a recent event.

  • Director Appointment

    Progress on Varadaraju Gopu Barath was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2013 & has been associated with this company since 12 years 10 months . was documented.

  • Director Appointment

    Varadaraju Gopu Arun was appointed as a Director was appointed as a Director on 01 Apr 2013 & has been associated with this company since 12 years 10 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Venus P P Varadharaju Spinning Mills Private Limited?

The CIN of Venus P P Varadharaju Spinning Mills Private Limited is U17111TZ1989PTC002531.

Where is Venus P P Varadharaju Spinning Mills Private Limited headquartered?

Venus P P Varadharaju Spinning Mills Private Limited is headquartered at 21/1B, Mettupatty Colony Road, Mettupatty,, Salem, Tamil Nadu, 636111.

When was Venus P P Varadharaju Spinning Mills Private Limited incorporated?

Venus P P Varadharaju Spinning Mills Private Limited was incorporated on 29 November 1989.

Who are the current directors of Venus P P Varadharaju Spinning Mills Private Limited?

The current directors of Venus P P Varadharaju Spinning Mills Private Limited are

What is the primary industry of Venus P P Varadharaju Spinning Mills Private Limited?

The primary industry of Venus P P Varadharaju Spinning Mills Private Limited is Manufacturing.

Is Venus P P Varadharaju Spinning Mills Private Limited a listed company?

Venus P P Varadharaju Spinning Mills Private Limited is unlisted.

What is the capital structure of Venus P P Varadharaju Spinning Mills Private Limited?

The authorized capital of Venus P P Varadharaju Spinning Mills Private Limited is ₹2.10 Cr, and the paid-up capital is ₹2.10 Cr.

What is the compliance status of Venus P P Varadharaju Spinning Mills Private Limited?

The compliance status of Venus P P Varadharaju Spinning Mills Private Limited is Compliant.

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