V R E Tools Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.97 M
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.39 Cr
- Satisfied Charges ₹ 1.16 Cr
- Revenue Growth 8.05%
- Profit Growth -67.35%
- Ebitda 25.17%
- Net Worth 1.45%
- Total Assets -1.85%
About V R E Tools
V R E Tools Private Limited (VRETPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2010 and has a history of 14 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.97 M.
The company currently has active open charges totaling ₹2.39 Cr. The company has closed loans amounting to ₹1.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muralidhar Govindappa, Jaisimha Sathyanarayana, Veena Muralidhar, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29268KA2010PTC052674
- Company No.
052674
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Feb 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does V R E Tools Private Limited offer?
V R E Tools Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Lubricants, Cutting Tools & Milling Cutter, Carbide Cutting Tools, Metalworking Lubricants, Carbide Tools, Cutting Tools, Hammers, GROZ Hammers.
Who are the key members and board of directors at V R E Tools?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veena Muralidhar  | Director | 08-Dec-2010 | Current |
| Jaisimha Sathyanarayana | Director | 24-Feb-2010 | Current |
| Muralidhar Govindappa | Director | 24-Feb-2010 | Current |
| Bhavani Jaisimha | Director | 08-Dec-2010 | Current |
Financial Performance of V R E Tools.
V R E Tools Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.05% increase. The company also saw a substantial fall in profitability, with a 67.35% decrease in profit. The company's net worth moved up by a moderate rise of 1.45%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of V R E Tools?
In 2023, V R E Tools had a promoter holding of 92.77% and a public holding of 7.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Avin Systems Private LimitedVeena Muralidhar is a mutual person
Charges (Loans)
₹23.89 M
₹11.60 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2023 | Axis Bank Limited | ₹2.80 M | Open |
| 20 Jul 2022 | Axis Bank Limited | ₹2.11 Cr | Open |
| 04 Jun 2020 | Others | ₹1.60 M | Satisfied |
| 23 Jun 2010 | Others | ₹1.00 Cr | Satisfied |
How Many Employees Work at V R E Tools?
V R E Tools has a workforce of 42 employees as of Mar 30, 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 V R E Tools, 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 R E Tools'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.