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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 13.42 Cr
  • Company Age 18 Year, 9 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Anup Daruka Additional Director 09 Jan 2023 Current
Yoovesh Daruka Additional Director 09 Jan 2023 Current
Avinisha Gupta Additional Director 09 Jan 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 26 Oct 2022 Past
Pramod Abcsdd Director 01 Apr 2013 Past
Pramod Abcsdd Director 03 May 2022 Past
Pramod Abcsdd Additional Director 29 Jul 2023 Past
Pramod Abcsdd Managing Director 08 May 2019 Past
Pramod Abcsdd Director 21 Jan 2010 Past

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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
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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 21.14%
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*******
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Revenue from Operations
*******
 22.01%
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*******
*******
*******
Total Assets
*******
 9.83%
*******
*******
*******
*******
Profit or Loss
*******
 -68.71%
*******
*******
*******
*******
Net Worth
*******
 6.20%
*******
*******
*******
*******
EBITDA
*******
 -26.88%
*******
*******
*******
*******

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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 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

₹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
Date Lender Amount Status
22 Apr 2022 Hdfc Bank Limited ₹2.00 M Open
16 Oct 2013 Others ₹61.35 Cr Open
08 Jan 2014 Aditya Birla Finance Limited ₹2.80 Cr Satisfied
04 Mar 2011 Uco Bank ₹1.00 Cr Satisfied
02 Jul 2008 Uco Bank ₹36.70 Cr Satisfied

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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 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 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.

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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 3 years 1 month . was completed.

  • Director Appointment

    The activity 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 3 years 1 month . was completed.

  • Director Appointment

    Progress on 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 3 years 1 month . was documented.

  • 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.

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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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