Vachan Electricals Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 29-07-2024
- Paid Up Capital ₹ 9.90 M
as on 29-07-2024
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.30 Cr
as on 29-07-2024
- Satisfied Charges ₹ 9.65 Cr
as on 29-07-2024
- Revenue -52.12%
(FY 2023)
- Profit -803.97%
(FY 2023)
- Ebitda -597.24%
(FY 2023)
- Net Worth -159.01%
(FY 2023)
- Total Assets -24.20%
(FY 2023)
About Vachan Electricals
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 1.00 Cr and a paid-up capital of Rs 9.90 M.
The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹9.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kammaje Shetty, Vedavathi Shetty, Vachan Shetty, and Two other members serve as directors at the Company.
- CIN/LLPIN
U74210KA2004PTC033638
- Company No.
033638
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore North, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Vachan Electricals Private Limited offer?
Vachan Electricals Private Limited offers a wide range of products and services, including Plant Design & Installation Services, Commissioning Services, Business Planning and Management, Business Consultant, Inspection & Quality Check Services, Quality Inspection Service.
Who are the key members and board of directors at Vachan Electricals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kammaje Shetty  | Managing Director | 26-Mar-2004 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vachan Shetty | Director | 26-Mar-2004 | Current |
| Vedavathi Shetty | Director | 26-Mar-2004 | Current |
| Rachana Shetty | Director | 26-Mar-2004 | Current |
| Basavanapalya Ranganatha | Whole-Time Director | 27-May-2024 | Current |
Financial Performance of Vachan Electricals.
Vachan Electricals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.12% decrease. The company also saw a substantial fall in profitability, with a 803.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 159.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vachan Electricals?
In 2023, Vachan Electricals 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 24 Apr 2023 | ₹1.30 Cr | Open |
Vijaya Bank Creation Date: 31 Dec 2018 | ₹2.00 Cr | Satisfied |
Vijaya Bank Creation Date: 11 Dec 2013 | ₹3.50 M | Satisfied |
How Many Employees Work at Vachan Electricals?
Vachan Electricals has a workforce of 14 employees as of Mar 29, 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 Vachan Electricals, 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 Vachan Electricals'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.
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