V2 Innovatives Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.73 Cr
- Satisfied Charges ₹ 63.19 Cr
- Revenue Growth 36.01%
- Profit Growth 264.65%
- Ebitda 32.12%
- Net Worth 10.72%
- Total Assets 20.95%
About V2 Innovatives
V2 Innovatives Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2007 and has a history of 17 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Packaging 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 20.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹11.73 Cr. The company has closed loans amounting to ₹63.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at V2 Innovatives Private Limited India is Shravani Nangunuri as COMPANY SECRETARY. Munireddy Chandrika and Ramachandra Reddy serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U21098KA2007PTC042124
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Company No.
042124
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Mar 2007
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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 V2 Innovatives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shravani Nangunuri | Company Secretary | 30-Oct-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Munireddy Chandrika
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Director | 03-Feb-2014 | Current |
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Ramachandra Reddy
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Director | 03-Feb-2014 | Current |
Financial Performance of V2 Innovatives.
V2 Innovatives Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.01% increase. The company also saw a substantial improvement in profitability, with a 264.65% increase in profit. The company's net worth Soared by an impressive increase of 10.72%.
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What is the Ownership and Shareholding Structure of V2 Innovatives?
In 2023, V2 Innovatives had a public 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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Suhas Packaging Private LimitedMunireddy Chandrika is a mutual person
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Mr Arithra Infrastructure Private Limited
Ramachandra Reddy is a mutual person
Charges (Loans)
₹11.73 Cr
₹63.19 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 11.50 Cr
- Canara Bank : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2023 | Axis Bank Limited | ₹11.50 Cr | Open |
| 26 Oct 2021 | Canara Bank | ₹2.30 M | Open |
| 04 Jul 2017 | Canara Bank | ₹29.92 Cr | Satisfied |
| 10 Jun 2014 | Canara Bank | ₹33.27 Cr | Satisfied |
How Many Employees Work at V2 Innovatives?
V2 Innovatives has a workforce of 67 employees as of Apr 04, 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 V2 Innovatives, 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 V2 Innovatives'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.
