Vinit Knittings Private Limited

Vinit Knittings Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
CIN U17123DL1993PTC056698 Incorporated 31 December 1993 ROC Delhi HQ Delhi, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹2.34 Cr
▼ 71% YoY
Net loss · FY 2024
₹1.45 Cr
Net margin -61.7%
EBITDA · FY 2024
-₹11.39 Lakh
EBITDA margin -4.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹95.34 Lakh
Issued & subscribed
Open charges
₹9.77 Cr
Satisfied ₹81.6 Lakh
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings

About Vinit Knittings Private Limited

Data last updated:

Vinit Knittings Private Limited is a private limited company based in Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 December 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17123DL1993PTC056698. Its GSTIN is 07AAACV0431D1ZY (Delhi).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹95.34 Lakh. It was formerly known as Vaneet Knittingss Private Limited and Vaneet Knittings Private Limited. It is led by directors including Sudama Ram (Managing Director) and Vaneet Arora.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kh. No. 149 Ground Floor Gurudwara Road, Street No. 8 Village Siraspur, Delhi, India – 110042.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.34 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹1.45 Cr (net margin -61.7%) and EBITDA of -₹11.39 Lakh (EBITDA margin -4.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 39% over five years.

As per MCA filings, the company has open charges of ₹9.77 Cr and satisfied charges of ₹81.6 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.

Vinit Knittings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0022604). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17123DL1993PTC056698
Registration Number 056698
Incorporation Date 31 December 1993
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-06-0022604

Name history

Vinit Knittings has undergone 2 name changes throughout its history. The company was previously known as Vaneet Knittingss Private Limited, and Vaneet Knittings Private Limited. The current legal name is Vinit Knittings Private Limited.

Company NameStatus
Vinit Knittings Private LimitedCurrent
Vaneet Knittingss Private LimitedPrevious
Vaneet Knittings Private LimitedPrevious

CIN history

Vinit Knittings has one previous CIN (Corporate Identification Number): U00000DL1993PTC056698. The current CIN is U17123DL1993PTC056698, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17123DL1993PTC056698Current
U00000DL1993PTC056698Previous
Key People
Sudama Ram Managing Director Vaneet Arora Director Manoj Arora Director

Recognitions & Rankings of Vinit Knittings

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-06-0022604

Contact details

Vinit Knittings Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kh. No. 149 Ground Floor Gurudwara Road, Street No. 8 Village Siraspur, Delhi, India – 110042
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Vinit Knittings Private Limited, buy the company report.

Comprehensive company report
Vinit Knittings Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Vinit Knittings is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Vinit Knittings Private Limited, buy the company report.

Financials of Vinit Knittings Private Limited

FY 2024 filings available

Vinit Knittings Private Limited reported revenue of ₹2.34 Cr (down 71% YoY) for FY 2024.

Revenue · FY 2024
₹2.34 Cr ▼ 71%
Net loss · FY 2024
₹1.45 Cr margin -61.7%
EBITDA · FY 2024
-₹11.39 Lakh margin -4.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 19%
5 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 52%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 71% fall in the latest year. EBITDA rose 86% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹11.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.45 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-4.9%
Net Profit Margin-61.7%
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 Vinit Knittings Private Limited, buy the company report.

Board of directors of Vinit Knittings Private Limited

Vinit Knittings has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vaneet Arora
Also directs: Shree Sai Knittings Private Limited
Director16 Oct 20206 Years 0 MonthsCurrent
Manoj AroraDirector01 Oct 200917 Years 1 MonthsCurrent
Sudama RamManaging Director31 Dec 199332 Years 10 MonthsCurrent
View all directors

Peer comparison

Vinit Knittings Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vaid Fab Tex Private Limited₹2.35 Cr (FY 2025)-15.0%Uttar Pradesh, India
Grey Horse Clothing Private Limited₹2.34 Cr (FY 2025)32.0%Tiruppur, Tamil Nadu, India
Vinit Knittings Private Limitedthis company₹2.34 Cr (FY 2024)-₹1.45 Cr-61.7%-71.0%Delhi, India
Vibe Fashion Apparel Private Limited₹2.34 Cr (FY 2025)-70.0%New Delhi, Delhi, India
Aceelene Industries Private Limited₹2.33 Cr (FY 2025)-43.0%Mumbai, Maharashtra, India

To see the full peer comparison of Vinit Knittings Private Limited, buy the company report.

Auditor

Vinit Knittings Private Limited is audited by SERVA ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SERVA ASSOCIATESFY 2023000272N

Shareholding

The shareholding of Vinit Knittings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vinit Knittings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.77 Cr
Satisfied charges
₹81.6 Lakh
Breakdown by lending institutions
Others₹8.86 Cr
Bank of Baroda₹0.91 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jul 2020100354975Others₹70 LakhOpen
27 Oct 201510598738Bank of Baroda₹18.9 LakhOpen
14 Jun 201310433714Bank of Baroda₹22 LakhOpen
22 Sep 201210379718Bank of Baroda₹50 LakhOpen
06 Oct 200910181439Others₹8.16 CrOpen

To see the full charge records of Vinit Knittings Private Limited, buy the company report.

Total charge records: 7 View all charges

Credit ratings & regulatory alerts

Vinit Knittings Private Limited was last rated by Care on 27 Jun 2023.

Rating agencyRated onRating
Care27 Jun 2023

To see the full credit ratings and regulatory alerts of Vinit Knittings Private Limited, buy the company report.

MSME payment delays

Vinit Knittings Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Mehta Packwell LLP
an individual supplier

To see the full MSME payment records of Vinit Knittings Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Vinit Knittings has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAACV0431D1ZYDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Vinit Knittings Private Limited, buy the company report.

Recent activity

Vinit Knittings Private Limited has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Vaneet Arora was appointed as Director on 16 Oct 2020.

AGM
Vinit Knittings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vinit Knittings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Vaneet Arora was appointed as Director.
Ceased
Sudama Ram ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100354975 was registered on 23 Jul 2020.
Charges
A charge with Others of Rs. 8.16 Cr registered on 06 Oct 2009 with Charge ID 10181439 was modified on 25 Jul 2019.
Ceased
Rachna Arora ceased to be Director.
Ceased
Vaneet Arora ceased to be Director.
Ceased
Manoj Arora ceased to be Additional Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.19 Cr with Charge ID 10598738 was registered on 27 Oct 2015.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.22 Cr with Charge ID 10433714 was registered on 14 Jun 2013.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.50 Cr with Charge ID 10379718 was registered on 22 Sep 2012.

8 earlier events are in the company report.

Frequently asked questions

Vinit Knittings is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 December 1993 (33+ years old) and is registered under CIN U17123DL1993PTC056698.

Vinit Knittings has 3 current directors:

The latest financial statements of Vinit Knittings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Vinit Knittings is 07AAACV0431D1ZY, registered in Delhi.

The CIN (Corporate Identification Number) of Vinit Knittings is U17123DL1993PTC056698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vinit Knittings has 5 court cases on record: 5 filed against it. 2 are pending. Most are in the nclat.

Vinit Knittings was incorporated on 31 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Vinit Knittings by revenue are Vaid Fab Tex Private Limited, Grey Horse Clothing Private Limited, Vibe Fashion Apparel Private Limited, Aceelene Industries Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Vaneet Arora was appointed as Director on 16 Oct 2020. Sudama Ram ceased to be Director on 12 Aug 2020. Rachna Arora ceased to be Director on 29 Mar 2019. Vinit Knittings has 7 board changes on record in total.

Yes, Vinit Knittings is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0022604).

Vinit Knittings has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.

The registered office of Vinit Knittings is at Kh. No. 149 Ground Floor Gurudwara Road, Street No. 8 Village Siraspur, Delhi, India – 110042.