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Venus Texspin Limited - Company Profile

It is a manufacturing public limited company based in Ludhiana, Punjab, India, established in 2007.

2007 | Ludhiana, Punjab, India | Active
Last Updated:

About Venus Texspin Limited

Venus Texspin Limited, a active public limited company, was established on 29 May 2007 in Ludhiana, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17299PB2007PLC031179. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹13.50 Cr and a paid-up capital of ₹13.42 Cr.

Formerly known as Venus Texspin Private Limited. It upholds a compliant status. Employing 21 professional, Its leadership includes Anup Daruka (Additional Director), Yoovesh Daruka (Additional Director), Avinisha Gupta (Additional Director). Past directors included Ashok Sharma, Sanjay Gupta, Kushagar Garg. It holds ₹61.55 Cr open charges and ₹40.50 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Adjacent Seerat Infrastructure India, Hambran Road, Partap Singh Wala, Near Grd Academy, Ludhiana, Punjab, 141004.

Company Details

  • CIN/LLPIN

    U17299PB2007PLC031179

  • Registration Number

    031179

  • Incorporation Date

    29 May 2007

  • Authorized Capital

    ₹13.50 Cr

  • Paid-Up Capital

    ₹13.42 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 13.42 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 61.55 Cr
  • Satisfied Charges ₹ 40.50 Cr
  • Revenue Growth 21.14%
  • Profit Growth -68.71%
  • Ebitda -26.88%
  • Net Worth 6.20%
  • Total Assets 9.83%
Company report

Venus Texspin Limited

Company Report FY 2025-2026

Explore comprehensive insights into Venus Texspin 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 Texspin Limited?

Current Directors

NameDesignationAppointment DateStatus
Anup DarukaAdditional Director09 Jan 2023Current
Yoovesh DarukaAdditional Director09 Jan 2023Current
Avinisha GuptaAdditional Director09 Jan 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director26 Oct 2022Past
Pramod AbcsddDirector01 Apr 2013Past
Pramod AbcsddDirector03 May 2022Past
Pramod AbcsddAdditional Director29 Jul 2023Past
Pramod AbcsddManaging Director08 May 2019Past
Pramod AbcsddDirector21 Jan 2010Past

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Financial Performance of Venus Texspin.

Venus Texspin Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 21.14% increase. The company also saw a substantial fall in profitability, with a 68.71% decrease in profit. The company's net worth moved up by a moderate rise of 6.2%.

Venus Texspin revenue growth over time
Venus Texspin profit and loss trends over time
  • 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
21.14%
Revenue from Operations
22.01%
Total Assets
9.83%
Profit or Loss
-68.71%
Net Worth
6.20%
EBITDA
-26.88%

What is the Ownership and Shareholding Structure of Venus Texspin?

In 2021, Venus Texspin had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹615,509,548.00

Satisfied Charges

₹405,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 61.35 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2022Hdfc Bank Limited₹2.00 MOpen
16 Oct 2013Others₹61.35 CrOpen
08 Jan 2014Aditya Birla Finance Limited₹2.80 CrSatisfied
04 Mar 2011Uco Bank₹1.00 CrSatisfied
02 Jul 2008Uco Bank₹36.70 CrSatisfied

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How Many Employees Work at Venus Texspin?

Venus Texspin has a workforce of 21 employees as of Apr 07, 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 growth trends for Venus Texspin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venus Texspin, 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 Texspin'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.

Latest Updates, News, and FAQs on Venus Texspin

Recent Activity within the Organization

  • Director Appointment

    The activity Anup Daruka was appointed as a Additional Director was appointed as a Additional Director on 09 Jan 2023 & has been associated with this company since 2 years 10 months . was completed.

  • Director Appointment

    Progress on Yoovesh Daruka was appointed as a Additional Director was appointed as a Additional Director on 09 Jan 2023 & has been associated with this company since 2 years 10 months . was documented.

  • Director Appointment

    Avinisha Gupta was appointed as a Additional Director was appointed as a Additional Director on 09 Jan 2023 & has been associated with this company since 2 years 10 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Venus Texspin Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100582391 was registered on 22 Apr 2022. was documented.

  • Balance Sheet

    The activity Venus Texspin Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh. was completed.

Frequently Asked Questions

  • What is the CIN of Venus Texspin Limited?

    The CIN of Venus Texspin Limited is U17299PB2007PLC031179.

  • Where is Venus Texspin Limited headquartered?

    Venus Texspin Limited is headquartered at Adjacent Seerat Infrastructure India, Hambran Road, Partap Singh Wala, Near Grd Academy, Ludhiana, Punjab, 141004.

  • When was Venus Texspin Limited incorporated?

    Venus Texspin Limited was incorporated on 29 May 2007.

  • Who are the current directors of Venus Texspin Limited?

    The current directors of Venus Texspin Limited are

  • What is the primary industry of Venus Texspin Limited?

    The primary industry of Venus Texspin Limited is Manufacturing.

  • Is Venus Texspin Limited a listed company?

    Venus Texspin Limited is unlisted.

  • What is the capital structure of Venus Texspin Limited?

    The authorized capital of Venus Texspin Limited is ₹13.50 Cr, and the paid-up capital is ₹13.42 Cr.

  • What is the compliance status of Venus Texspin Limited?

    The compliance status of Venus Texspin Limited is Compliant.

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