MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0175577
Visves Denim Private Limited
Visves Denim Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.38 Cr
▼ 81% YoY
Net loss · FY 2024
₹2.74 Cr
Net margin -19%
EBITDA · FY 2024
-₹2.57 Cr
EBITDA margin -17.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Visves Denim Private Limited
Data last updated:
Visves Denim Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2020PTC117110. Its GSTIN is 24AAHCV6448D1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravikumar Babulal Keraliya and Keyur Jagdishchandra Patel.
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 C/Obabulalgandubhaipatel Thakarkrupa Panchvatisociety Ravaparroad, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.38 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹2.74 Cr (net margin -19%) and EBITDA of -₹2.57 Cr (EBITDA margin -17.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Visves Denim Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0175577).
Company details
CIN U17299GJ2020PTC117110
Registration Number 117110
Incorporation Date 07 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0175577
Key People
Ravikumar Babulal Keraliya Director Keyur Jagdishchandra Patel Director Vaishali Ravikumar Keraliya Director Recognitions & Rankings of Visves Denim
Contact details
Visves Denim Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/Obabulalgandubhaipatel Thakarkrupa Panchvatisociety Ravaparroad, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Visves Denim Private Limited, buy the company report.
Comprehensive company report
Visves Denim 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 Visves Denim is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Visves Denim Private Limited, buy the company report.
Financials of Visves Denim Private Limited
FY 2024 filings availableVisves Denim Private Limited reported revenue of ₹14.38 Cr (down 81% YoY) for FY 2024.
Revenue · FY 2024
₹14.38 Cr ▼ 81%
Net loss · FY 2024
₹2.74 Cr margin -19%
EBITDA · FY 2024
-₹2.57 Cr margin -17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 81%
3 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▼ 169%
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 81% fall in the latest year. EBITDA rose 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | -₹2.57 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.74 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.9% | |||
| Net Profit Margin | -19% | |||
| 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 Visves Denim Private Limited, buy the company report.
Board of directors of Visves Denim Private Limited
Visves Denim has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikumar Babulal Keraliya Also directs: Splenora Textures LLP | Director | 07 Oct 2020 | 6 Years 1 Months | Current |
| Keyur Jagdishchandra Patel | Director | 07 Oct 2020 | 6 Years 1 Months | Current |
| Vaishali Ravikumar Keraliya | Director | 07 Oct 2020 | 6 Years 1 Months | Current |
Auditor
Visves Denim Private Limited is audited by H. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. PATEL & CO. | FY 2023 | 107692W |
Shareholding
The shareholding of Visves Denim Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Visves Denim Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2022 | 100615356 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Visves Denim Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Hemtech Industries | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Ketan Sureshchandra Mehta Sole Proprietor of Associated Chemical Corporation | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Hemtech Industries Registered Partnership Firm and Harpalsinh Chauhan | Disposed |
To see the full case history of Visves Denim 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Visves Denim Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Visves Denim Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
Visves Denim has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV6448D1ZA | Gujarat | Active | 05 Nov 2020 |
To see the full GST registrations and return filing status of Visves Denim Private Limited, buy the company report.
Recent activity
Visves Denim Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Keyur Jagdishchandra Patel was appointed as Director on 07 Oct 2020.
AGM
Visves Denim Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Visves Denim Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100615356 was registered on 17 Aug 2022.
Appointed
Keyur Jagdishchandra Patel was appointed as Director.
Appointed
Ravikumar Babulal Keraliya was appointed as Director.
Appointed
Vaishali Ravikumar Keraliya was appointed as Director.
Incorporation
07 Oct 2020
Visves Denim Private Limited was registered on 07 Oct 2020 with Roc Ahmedabad & aged 6 years 1 month as per MCA records.
Frequently asked questions
Visves Denim is an active private limited company based in Morbi, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 October 2020 (6+ years old) and is registered under CIN U17299GJ2020PTC117110.
Visves Denim has 3 current directors:
- Ravikumar Babulal Keraliya - Director
- Keyur Jagdishchandra Patel - Director
- Vaishali Ravikumar Keraliya - Director
The latest financial statements of Visves Denim 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 FY 2021 are in the company report.
The GSTIN of Visves Denim is 24AAHCV6448D1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Visves Denim is U17299GJ2020PTC117110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visves Denim has 4 court cases on record: 4 filed against it. 1 is pending.
Visves Denim was incorporated on 07 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Jagdishchandra Patel was appointed as Director on 07 Oct 2020. Ravikumar Babulal Keraliya was appointed as Director on 07 Oct 2020. Vaishali Ravikumar Keraliya was appointed as Director on 07 Oct 2020.
Yes, Visves Denim is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0175577).
The registered office of Visves Denim is at CObabulalgandubhaipatel Thakarkrupa Panchvatisociety Ravaparroad, Morbi, Gujarat, India – 363641.
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