Reddy Veeranna Constructions Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 29.75 Cr
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 143.35 Cr
- Satisfied Charges ₹ 220.45 Cr
- Revenue Growth 9.40%
- Profit Growth 126.99%
- Ebitda 8.18%
- Net Worth 3.76%
- Total Assets 11.91%
About Reddy Veeranna Constructions
Reddy Veeranna Constructions Private Limited (RVCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 June 2002 and has a history of 22 years and seven months. Its registered office is in Bangalore, Karnataka.
The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 29.75 Cr.
The company currently has active open charges totaling ₹143.35 Cr. The company has closed loans amounting to ₹220.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Reddy Veeranna Constructions Private Limited India is Deepika Rajawat as COMPANY SECRETARY. Suguna Reddy, Venkataramana Adusumilli, Parvathaneni Abhiram, and Two other members serve as directors at the Company.
Company Details
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LocationBangalore, Karnataka
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74210KA2002PTC030676
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Company No.
030676
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Jun 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Reddy Veeranna Constructions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepika Rajawat
|
Company Secretary | 12-Jul-2023 | Current |
|
Reddy Veeranna
|
Managing Director | 31-Mar-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Suguna Reddy
|
Director | 31-Mar-2017 | Current |
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Venkataramana Adusumilli
|
Director | 02-Jun-2003 | Current |
|
Parvathaneni Abhiram
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Director | 31-Mar-2017 | Current |
|
Kovelamudi Venkateshwararao
|
Additional Director | 21-Jan-2017 | Current |
Financial Performance of Reddy Veeranna Constructions.
Reddy Veeranna Constructions Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.4% increase. The company also saw a substantial improvement in profitability, with a 126.99% increase in profit. The company's net worth moved up by a moderate rise of 3.76%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Reddy Veeranna Constructions?
In 2022, Reddy Veeranna Constructions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Manyata Developers Private LimitedSuguna Reddy, Parvathaneni Abhiram and 1 more are mutual person
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Anvita Auto Tech Works Private LimitedParvathaneni Abhiram is a mutual person
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Sapphire Infrastructure Development Private LimitedSuguna Reddy and Reddy Veeranna are mutual person
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Rv Infrastructure Engineers Private Limited
Suguna Reddy and Reddy Veeranna are mutual person
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Reddy Veeranna Investments Private Limited
Suguna Reddy and Reddy Veeranna are mutual person
Charges (Loans)
₹143.35 Cr
₹220.45 Cr
Charges Breakdown by Lending Institutions
- Others : 139.01 Cr
- Srei Equipment Finance Limited : 3.87 Cr
- Canara Bank : 0.17 Cr
- Icici Bank Ltd. : 0.17 Cr
- State Bank Of India : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2023 | Others | ₹25.00 Cr | Open |
| 03 Feb 2022 | Others | ₹100.00 Cr | Open |
| 07 Jul 2018 | Others | ₹7.08 M | Open |
| 22 Oct 2016 | Others | ₹1.67 Cr | Open |
| 22 Jul 2016 | Others | ₹10.76 Cr | Open |
How Many Employees Work at Reddy Veeranna Constructions?
Reddy Veeranna Constructions has a workforce of 52 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Reddy Veeranna Constructions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Reddy Veeranna Constructions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
