- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-29-0033641

Viraj Spinners Limited
About Viraj Spinners Limited
Data last updated:
Viraj Spinners Limited is a public limited company based in Vita, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17110PN2010PLC135739. Its GSTIN is 27AADCV3199D1Z6 (Maharashtra).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15.33 Cr. It is led by directors including Kiran Maruti Taralekar (Managing Director) and Sukhadeo Tukaram Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gate No 466/2 A/P – Khambale (Bha.) Near Karve MIDC (Vita) Tal – Khanapur Dist – Sangl, I – 415311, Maharashtra, India – 415311.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.69 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 2.4%) and EBITDA of ₹4.09 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Viraj Spinners Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0033641). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Viraj Spinners
Contact details
Viraj Spinners Limited's registered office is in Vita, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGate No 466/2 A/P – Khambale (Bha.) Near Karve MIDC (Vita) Tal – Khanapur Dist – Sangl, I – 415311, Maharashtra, India – 415311
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Viraj Spinners 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 Viraj Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Viraj Spinners Limited, buy the company report.
Financials of Viraj Spinners Limited
FY 2025 filings availableViraj Spinners Limited reported revenue of ₹72.69 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 10% growth in the latest year. EBITDA rose 76% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.09 Cr | ||||
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| Net Profit (PAT) | ₹1.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Viraj Spinners Limited, buy the company report.
Board of directors of Viraj Spinners Limited
Viraj Spinners has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Maruti Taralekar Also directs: Vita Yarns Private Limited | Managing Director | 10 Mar 2010 | 16 Years 7 Months | Current |
| Sukhadeo Tukaram Patil Also directs: Vita Yarns Private Limited, Kaveri Urban Nidhi Limited | Director | 10 Mar 2010 | 16 Years 7 Months | Current |
| Mohan Maruti Pawar | Director | 10 Mar 2010 | 16 Years 7 Months | Current |
| Vaibhav Sadashivrao Patil Also directs: Accumix Infra Private Limited | Director | 10 Mar 2010 | 16 Years 7 Months | Current |
| Ashok Annasaheb More Also directs: Viraj Canes and Energy Limited | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
| Sadashiv Hanmantrao Patil Also directs: Viraj Canes and Energy Limited | Director | 10 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Viraj Spinners Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shriganesh Textile and Infrastructure (India) Private Limited | ₹72.95 Cr (FY 2024) | 57.0% | Thane, Maharashtra, India | |||
| Arayaa Spintex Private Limited | ₹72.8 Cr (FY 2025) | -11.0% | Delhi, India | |||
| Shilpa Dyeing and Printing Mills Private Limited | ₹72.76 Cr (FY 2025) | 2.0% | Surat, Gujarat, India | |||
| Jain Texfab Private Limited | ₹72.72 Cr (FY 2025) | 7.0% | Surat, Gujarat, India | |||
| Viraj Spinners Limitedthis company | ₹72.69 Cr (FY 2025) | ₹1.78 Cr | 2.4% | 10.0% | 31 | Vita, Maharashtra, India |
| Shiva Fibres Private Limited | ₹72.68 Cr (FY 2025) | 21.0% | Punjab, India | |||
| Men Rocks Private Limited | ₹72.61 Cr (FY 2024) | -8.0% | Ludhiana, Punjab, India | |||
| Kapiraj Creation Private Limited | ₹72.59 Cr (FY 2025) | 28.0% | Surat, Gujarat, India | |||
| Shri Vasudeva Weaving Mills Private Limited | ₹72.5 Cr (FY 2024) | -6.0% | Coimbatore, Tamil Nadu, India | |||
| Vedagiri Hi-Tech Spinning Mills Private Limited | ₹72.34 Cr (FY 2025) | 2.0% | Sanakari, Tamil Nadu, India |
To see the full peer comparison of Viraj Spinners Limited, buy the company report.
Shareholding
The shareholding of Viraj Spinners 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Viraj Spinners Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2024 | 100957988 | Others | ₹4.72 Cr | Open | |
| 10 Jul 2014 | 10530202 | Bank of Baroda | ₹1.25 Cr | Open | |
| 30 Dec 2013 | 10474183 | Bank of Baroda | ₹33.73 Cr | Open | |
| 30 Dec 2013 | 10474187 | Bank of Baroda | ₹8.2 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Viraj Spinners Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Criminal miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
To see the full case history of Viraj Spinners 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
Viraj Spinners Limited was last rated by Crisil on 30 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Apr 2021 |
To see the full credit ratings and regulatory alerts of Viraj Spinners Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Viraj Spinners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Viraj Spinners Limited has a workforce of 31 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Viraj Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV3199D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Viraj Spinners Limited, buy the company report.
Recent activity
Viraj Spinners Limited has 12 board changes on record since 2010: 7 appointments and 5 cessations. The latest: Kiran Maruti Taralekar ceased to be Director on 30 Sep 2016.
7 earlier events are in the company report.
Frequently asked questions
Viraj Spinners is an active public limited company based in Vita, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 March 2010 (16+ years old) and is registered under CIN U17110PN2010PLC135739.
Viraj Spinners has 7 current directors:
- Kiran Maruti Taralekar - Managing Director
- Sukhadeo Tukaram Patil - Director
- Mohan Maruti Pawar - Director
- Vaibhav Sadashivrao Patil - Director
- Ashok Annasaheb More - Director
- Sadashiv Hanmantrao Patil - Director
- Janardhan Muralidar Babar - Director
The latest financial statements of Viraj Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Viraj Spinners is 27AADCV3199D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Viraj Spinners is U17110PN2010PLC135739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viraj Spinners has 1 court case on record: 1 filed against it.
Viraj Spinners was incorporated on 10 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Viraj Spinners by revenue are Shriganesh Textile and Infrastructure (India) Private Limited, Arayaa Spintex Private Limited, Shilpa Dyeing and Printing Mills Private Limited, Jain Texfab Private Limited, Shiva Fibres Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kiran Maruti Taralekar ceased to be Director on 30 Sep 2016. Sanjay Harishchandra Tarlekar ceased to be Additional Director on 25 Mar 2015. Sayaji Maruti Salunkhe ceased to be Director on 30 Nov 2013. Viraj Spinners has 12 board changes on record in total.
Yes, Viraj Spinners is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-29-0033641).
The registered office of Viraj Spinners is at Gate No 4662 AP – Khambale Bha. Near Karve MIDC Vita Tal – Khanapur Dist – Sangl, I – 415311, Maharashtra, India – 415311.