V.M.Salgaocar And Brother Private Limited

Mining, processing, and exporting iron ore with global partnerships.

1965 | Goa, Goa (India) | Active
Last Updated:

V.M.Salgaocar And Brother Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.04 M
  • Company Age 59 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 183.47 Cr
  • Satisfied Charges ₹ 399.28 Cr
  • Revenue Growth -47.72%
  • Profit Growth -102.16%
  • Ebitda -3.09%
  • Net Worth -0.22%
  • Total Assets -0.95%

About V.M.Salgaocar And Brother

V.M.Salgaocar And Brother Private Limited (VABPL) was founded in India on 26 June 1965 and has a glorious history of 59 years and eight months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.04 M.

The company currently has active open charges totaling ₹183.47 Cr. The company has closed loans amounting to ₹399.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at V.M.Salgaocar And Brother Private Limited India is Pallavi Prabhuchodnekar as COMPANY SECRETARY. Shivanand Salgaocar, Ashwyn Nayak, and Virendra Acharya serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vimsongroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35111GA1965PTC000048

  • Company No.

    000048

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1965

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Metals and Minerals

Who are the key members and board of directors at V.M.Salgaocar And Brother?

Executive Team (2)

NameDesignationAppointment DateStatus
Shivanand Salgaocar Country flag representing In Managing Director29-Jul-1978Current
Pallavi Prabhuchodnekar Company Secretary12-Jul-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Ashwyn Nayak Country flag representing In Director 20-Aug-2016Current
Virendra Acharya Country flag representing In Director 01-Dec-2022Current

Financial Performance of V.M.Salgaocar And Brother.

V.M.Salgaocar And Brother Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.72% decrease. The company also saw a substantial fall in profitability, with a 102.16% decrease in profit. The company's net worth dipped by a decrease of 0.22%.

V.M.Salgaocar And Brother revenue growth over time
V.M.Salgaocar And Brother profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-47.72%
Revenue from Operations
-15.62%
Total Assets
-0.95%
Profit or Loss
-102.16%
Net Worth
-0.22%
EBITDA
-3.09%

What is the Ownership and Shareholding Structure of V.M.Salgaocar And Brother?

In 2024, V.M.Salgaocar And Brother had a promoter holding of 15.52% and a public holding of 84.48%. The company had 9 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹183.47 Cr

Satisfied Charges

₹399.28 Cr

Charges Breakdown by Lending Institutions

  • Others : 107.05 Cr
  • Standard Chartered Bank : 66.31 Cr
  • Canara Bank : 10.11 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2023Canara Bank₹10.11 CrOpen
31 Mar 2023Others₹7.00 CrOpen
21 Mar 2023Others₹0.50 MOpen
24 Feb 2020Standard Chartered Bank₹66.31 CrOpen
07 Mar 2018Others₹100.00 CrOpen

How Many Employees Work at V.M.Salgaocar And Brother?

V.M.Salgaocar And Brother has a workforce of 146 employees as of Dec 19, 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.

Employee growth trends for V.M.Salgaocar And Brother Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of V.M.Salgaocar And Brother, 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 V.M.Salgaocar And Brother's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on V.M.Salgaocar And Brother

Recent activity within the organization

  • Annual General Meeting

    V.M.Salgaocar And Brother Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    V.M.Salgaocar And Brother Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

  • Charges

    A charge with Standard Chartered Bank of Rs. 66.31 Cr registered on 24 Feb 2020 with Charge ID 100331058 was modified on 26 Feb 2024.

  • Charges

    A charge with Others of Rs. 7.00 Cr registered on 31 Mar 2023 with Charge ID 100708163 was modified on 01 Dec 2023.

  • Charges

    A charge with Others of Rs. 0.05 Cr registered on 21 Mar 2023 with Charge ID 100700884 was modified on 23 Oct 2023.

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 07 Mar 2018 with Charge ID 100176321 was modified on 17 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of V.M.Salgaocar And Brother Private Limited?

    V.M.Salgaocar And Brother Private Limited was incorporated on 26 Jun 1965.

  • What is authorized share capital and paid-up capital of V.M.Salgaocar And Brother Private Limited?

    The authorized share capital of V.M.Salgaocar And Brother Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.04 M.

  • Who are the current board members & directors of V.M.Salgaocar And Brother Private Limited?

    Currently 4 directors are associated with V.M.Salgaocar And Brother Private Limited.

    • Shivanand Vassudev Salgaocar
    • Ashwyn Kumar Nayak
    • Virendra Vithal Acharya
    • Pallavi Dattaraj Prabhuchodnekar

  • What is the registered address of V.M.Salgaocar And Brother Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of V.M.Salgaocar And Brother Private Limited is Salgaocar House, F L Gomes Road Vasco-Da-Gama India, Goa, 403802.

  • What is the corporate identification number (CIN) and company number of V.M.Salgaocar And Brother Private Limited?

    The corporate identification number (CIN) of V.M.Salgaocar And Brother Private Limited is U35111GA1965PTC000048 and the company number is 000048 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of V.M.Salgaocar And Brother Private Limited?

    The Official website of V.M.Salgaocar And Brother Private Limited is https://www.vimsongroup.com

  • What has been the recent revenue trend for V.M.Salgaocar And Brother Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for V.M.Salgaocar And Brother Private Limited has fallen by -47.72%.

  • How many employees does V.M.Salgaocar And Brother Private Limited currently have?

    As Per 2023 financial reports, 146 employees are currently employed by V.M.Salgaocar And Brother Private Limited.

  • What change has been observed in the net worth of V.M.Salgaocar And Brother Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of V.M.Salgaocar And Brother Private Limited has experienced an downturn of -0.22%.

  • What are the total open charges for V.M.Salgaocar And Brother Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for V.M.Salgaocar And Brother Private Limited amount to ₹ 183.47 Cr.

  • When was the last Balance Sheet of V.M.Salgaocar And Brother Private Limited filed with the ROC?

    The most recent Balance Sheet for V.M.Salgaocar And Brother Private Limited was filed with the ROC on 31 Mar 2024.

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