Verity Spintex Private Limited - Company Profile

It is a manufacturing private limited company based in Rajkot, Gujarat, India, established in 2014.
2014 Rajkot, Gujarat, India Active
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About Verity Spintex Private Limited

Verity Spintex Private Limited, a active private limited company, was established on 02 September 2014 in Rajkot, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17122GJ2014PTC080661. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.80 Cr.

It upholds a compliant status. Employing 34 professional, Its leadership includes Punitbhai Rameshbhai Bhalodiya (Director), Prafulkumar Naranbhai Bhalodia (Director), Siddharth Narendrabhai Kadivar (Director). Past directors included Kaushalkumar Kiritbhai Kadivar, Dhirajlal Gopaldas Kadivar. It holds ₹83.10 Cr open charges and ₹16.14 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at R. S. - 275/2, Opp. Saurashtra Spc, Kuvadva Wankaner Highway, Village: Jiyan, A, Rajkot, Gujarat, 360023.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17122GJ2014PTC080661

  • Registration Number

    080661

  • Incorporation Date

    02 September 2014

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.80 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.80 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 83.10 Cr
  • Satisfied Charges ₹ 16.14 Cr
  • Revenue Growth **** 6.35%
  • Profit Growth **** -26.92%
  • Ebitda **** 10.79%
  • Net Worth 9.94%
  • Total Assets **** 5.81%
Company report

Verity Spintex Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Verity Spintex 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 Verity Spintex Private Limited?
Current Directors
Name Designation Appointment Date Status
Punitbhai Rameshbhai Bhalodiya Director 02 Sep 2014 Current
Prafulkumar Naranbhai Bhalodia Director 02 Sep 2014 Current
Siddharth Narendrabhai Kadivar Director 02 Sep 2014 Current
Kaushalkumar Kiritbhai Kadivar Director 30 Mar 2024 Current
Sunny Bharatbhai Vadaliya Director 20 Sep 2014 Current
Bhaveshbhai Shantilal Kanasagra Director 02 Sep 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 04 Sep 2024 Past
Pramod Abcsdd Director 30 Mar 2024 Past

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Financial Performance of Verity Spintex.

Verity Spintex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.35% increase. The company also saw a substantial fall in profitability, with a 26.92% decrease in profit. The company's net worth moved up by a moderate rise of 9.94%.

Verity Spintex revenue growth over time
Verity Spintex 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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 6.35%
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*******
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Revenue from Operations
*******
 7.31%
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*******
*******
*******
Total Assets
*******
 5.81%
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*******
*******
*******
Profit or Loss
*******
 -26.92%
*******
*******
*******
*******
Net Worth
*******
 9.94%
*******
*******
*******
*******
EBITDA
*******
 10.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Verity Spintex?

In 2023, Verity Spintex 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

₹831,020,000.00

Satisfied Charges

₹161,400,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 75.43 Cr
  • Sidbi : 7.50 Cr
  • Others : 0.17 Cr
Latest Charge Details
Date Lender Amount Status
22 Jan 2025 Sidbi ₹7.50 Cr Open
26 Dec 2022 Axis Bank Limited ₹9.90 Cr Open
31 Aug 2018 Axis Bank Limited ₹65.53 Cr Open
29 Aug 2018 Others ₹1.72 M Open
30 Oct 2015 Others ₹16.14 Cr Satisfied

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How Many Employees Work at Verity Spintex?

Verity Spintex has a workforce of 34 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 Verity Spintex, 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 Verity Spintex'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 Verity Spintex
Recent Activity within the Organization
  • Annual General Meeting

    The activity Verity Spintex Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 65.53 Cr registered on 31 Aug 2018 with Charge ID 100202701 was modified on 05 Jul 2025. was completed.

  • Balance Sheet

    Progress on Verity Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    A charge with Sidbi of Rs. 7.50 Cr registered on 22 Jan 2025 with Charge ID 101041668 was modified on 28 Jan 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101041668 was registered on 22 Jan 2025. was documented.

  • Director Appointment

    The activity Kaushalkumar Kiritbhai Kadivar was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 1 year 11 months . was completed.

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Frequently Asked Questions
What is the CIN of Verity Spintex Private Limited?

The CIN of Verity Spintex Private Limited is U17122GJ2014PTC080661.

Where is Verity Spintex Private Limited headquartered?

Verity Spintex Private Limited is headquartered at R. S. - 275/2, Opp. Saurashtra Spc, Kuvadva Wankaner Highway, Village: Jiyan, A, Rajkot, Gujarat, 360023.

When was Verity Spintex Private Limited incorporated?

Verity Spintex Private Limited was incorporated on 02 September 2014.

Who are the current directors of Verity Spintex Private Limited?

The current directors of Verity Spintex Private Limited are

What is the primary industry of Verity Spintex Private Limited?

The primary industry of Verity Spintex Private Limited is Manufacturing.

Is Verity Spintex Private Limited a listed company?

Verity Spintex Private Limited is unlisted.

What is the capital structure of Verity Spintex Private Limited?

The authorized capital of Verity Spintex Private Limited is ₹5.00 Cr, and the paid-up capital is ₹4.80 Cr.

What is the compliance status of Verity Spintex Private Limited?

The compliance status of Verity Spintex Private Limited is Compliant.

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