Viraat Texfabs Limited - fashion and textile in Chandigarh, India. Directors, charges & compliance details.
CIN U45202CH2006PLC030015 Incorporated 10 April 2006 ROC Chandigarh HQ Chandigarh, India
Converted to LLP Public Limited Company fashion and textile
Data last updated
Revenue · FY 2023
₹1.18 Cr
▲ 6879% YoY
Net profit · FY 2023
₹1.06 Cr
Net margin 89.2%
EBITDA · FY 2023
₹1.06 Cr
EBITDA margin 89.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹11.63 Cr
No open charges
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings

About Viraat Texfabs Limited

Data last updated:

Viraat Texfabs Limited was a public limited company based in Chandigarh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 10 April 2006.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45202CH2006PLC030015.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Sonia Garg and Dhruv Garg.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Flat No. C34, Uppal Marble Arch Manimajra, Chandigarh, India – 160101.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 89.2%) and EBITDA of ₹1.06 Cr (EBITDA margin 89.2%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 241% over five years.

As per MCA filings, the company has satisfied charges of ₹11.63 Cr on record.

Company details

CIN U45202CH2006PLC030015
Registration Number 030015
Incorporation Date 10 April 2006
ROC Chandigarh
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

CIN history

Viraat Texfabs has one previous CIN (Corporate Identification Number): U45202CH2006PTC030015. The current CIN is U45202CH2006PLC030015, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45202CH2006PLC030015Current
U45202CH2006PTC030015Previous

Contact details

Viraat Texfabs Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. C34, Uppal Marble Arch Manimajra, Chandigarh, India – 160101
  • Industry
    Fashion and Textile, Fashion Retail

To see the full contact details of Viraat Texfabs Limited, buy the company report.

Comprehensive company report
Viraat Texfabs 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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Financials of Viraat Texfabs Limited

FY 2023 filings available

Viraat Texfabs Limited reported revenue of ₹1.18 Cr (up 6879% YoY) for FY 2023.

Revenue · FY 2023
₹1.18 Cr ▲ 6879%
Net profit · FY 2023
₹1.06 Cr margin 89.2%
EBITDA · FY 2023
₹1.06 Cr margin 89.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 66%
5 years · compounded
▲ 241%
EBITDA CAGR growth
3 years · compounded
▲ 60%
5 years · compounded
▲ 92%

Revenue has grown at a compounded annual rate (CAGR) of 241% over five years. 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹1.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.06 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin89.2%
Net Profit Margin89.2%
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 Viraat Texfabs Limited, buy the company report.

Board of directors of Viraat Texfabs Limited

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

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sonia GargDirector25 May 201610 Years 5 MonthsAs last reported
Dhruv GargDirector10 Apr 200620 Years 6 MonthsAs last reported
Satish KumarDirector25 May 201610 Years 5 MonthsAs last reported

Auditor

Viraat Texfabs Limited is audited by BANSAL JIWAN & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
BANSAL JIWAN & ASSOCIATESFY 2022034320N

Shareholding

The shareholding of Viraat Texfabs Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Viraat Texfabs Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹11.63 Cr
Breakdown by lending institutions
State Bank of India₹11.63 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 2017100145035State Bank of India₹11.63 CrSatisfied

To see the full charge records of Viraat Texfabs Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Viraat Texfabs Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Viraat Texfabs Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Viraat Texfabs Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Satish Kumar ceased to be Additional Director on 08 Jul 2017.

Charges
A charge registered on 29 Sep 2017 via Charge ID 100145035 with State Bank Of India was fully satisfied on 10 Jul 2024.
AGM
Viraat Texfabs Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Viraat Texfabs Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Charges
A charge with State Bank Of India of Rs. 1,163.00 Lakh registered on 29 Sep 2017 with Charge ID 100145035 was modified on 28 Aug 2020.
Charges
A charge with State Bank Of India amounted to Rs. 1,163.00 Lakh with Charge ID 100145035 was registered on 29 Sep 2017.
Ceased
Satish Kumar ceased to be Additional Director.
Ceased
Sonia Garg ceased to be Additional Director.
Ceased
Rajesh Kumar Garg ceased to be Director.
Ceased
Sidharth Garg ceased to be Director.
Appointed
Satish Kumar was appointed as Director.
Appointed
Sonia Garg was appointed as Director.
Appointed
Dhruv Garg was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Viraat Texfabs has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Viraat Texfabs was a public limited company based in Chandigarh, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 10 April 2006 and is registered under CIN U45202CH2006PLC030015. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Viraat Texfabs is U45202CH2006PLC030015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Viraat Texfabs had 3 directors:

Viraat Texfabs was incorporated on 10 April 2006. It is registered with the Registrar of Companies, Chandigarh.

The registered office of Viraat Texfabs is at Flat No. C34, Uppal Marble Arch Manimajra, Chandigarh, India – 160101.

The latest financial statements of Viraat Texfabs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

Viraat Texfabs operated in the fashion and textile industry, in the fashion retail segment.

Satish Kumar ceased to be Additional Director on 08 Jul 2017. Sonia Garg ceased to be Additional Director on 08 Jul 2017. Rajesh Kumar Garg ceased to be Director on 30 May 2016. Viraat Texfabs has 7 board changes on record in total.

Viraat Texfabs has no open charges and satisfied charges of ₹11.63 Cr as per latest MCA filings.