Vingonn India Private Limited
About Vingonn India Private Limited
Data last updated:
Vingonn India Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 20 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51900PB2011PTC035484. Its GSTIN is 07AADCV7855L1ZO (Delhi). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹27.34 Lakh. It is led by directors including Varun Ghai and Sanjeev Malhotra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Jain Hosiery Complex Bahadur Ke Road Village Noorwala, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2018, the company reported a revenue of ₹24.95 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹18.35 Lakh (net margin 0.7%) and EBITDA of ₹1.08 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has open charges of ₹4.8 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vingonn India Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJain Hosiery Complex Bahadur Ke Road Village Noorwala, Ludhiana, Punjab, India – 141007
- IndustryFashion and Textile, Innerwear
To see the full contact details of Vingonn India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vingonn India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Vingonn India Private Limited, buy the company report.
Financials of Vingonn India Private Limited
FY 2018 filings availableVingonn India Private Limited reported revenue of ₹24.95 Cr (up 12% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 12% growth in the latest year. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹24.95 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.08 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹18.35 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.3% | |||
| Net Profit Margin | 0.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Vingonn India Private Limited, buy the company report.
Board of directors of Vingonn India Private Limited
Vingonn India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Ghai | Director | 20 Sep 2011 | 15 Years 1 Months | Current |
| Sanjeev Malhotra | Director | 20 Sep 2011 | 15 Years 1 Months | Current |
| Tanya Rajendra Singh | Additional Director | 27 Mar 2014 | 12 Years 7 Months | Current |
Shareholding
The shareholding of Vingonn India Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vingonn India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2013 | 10431551 | Others | ₹4.8 Cr | Open |
To see the full charge records of Vingonn India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vingonn India Private Limited has 15 court cases on record: 3 filed by Vingonn India, 12 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 2 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bharatiya Fincom Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, Ludhiana, Punjab | Arbitration matter | Filed against the company by M/S Idfc First Bank Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ivl Finance Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
To see the full case history of Vingonn India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Vingonn India Private Limited was last rated by Brickwork on 18 Jan 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 18 Jan 2018 |
To see the full credit ratings and regulatory alerts of Vingonn India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vingonn India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vingonn India has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCV7855L1ZO | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vingonn India Private Limited, buy the company report.
Recent activity
Vingonn India Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Shiva ceased to be Director on 20 Dec 2023.
Frequently asked questions
Vingonn India is an active private limited company based in Ludhiana, Punjab, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 20 September 2011 (15+ years old) and is registered under CIN U51900PB2011PTC035484.
Vingonn India has 3 current directors:
- Varun Ghai - Director
- Sanjeev Malhotra - Director
- Tanya Rajendra Singh - Additional Director
The latest financial statements of Vingonn India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Vingonn India is 07AADCV7855L1ZO, registered in Delhi. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Vingonn India is U51900PB2011PTC035484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vingonn India has 15 court cases on record: 3 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Vingonn India was incorporated on 20 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Shiva ceased to be Director on 20 Dec 2023. Tanya Rajendra Singh ceased to be Additional Director on 24 Jun 2019. Sanjeev Malhotra ceased to be Director on 20 Jun 2019. Vingonn India has 6 board changes on record in total.
The registered office of Vingonn India is at Jain Hosiery Complex Bahadur Ke Road Village Noorwala, Ludhiana, Punjab, India – 141007.
Vingonn India operates in the fashion and textile industry, in the innerwear segment.