Vactech Composites Profile
Key Indicators
- Authorised Capital ₹ 1.10 M
- Paid Up Capital ₹ 1.10 M
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.78 Cr
- Satisfied Charges ₹ 2.95 Cr
- Revenue Growth 54.08%
- Profit Growth 220.10%
- Ebitda 112.60%
- Net Worth 30.13%
- Total Assets 30.98%
About Vactech Composites
Vactech Composites Private Limited (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2008 and has a history of 16 years and six months. Its registered office is in Pardi, Gujarat, 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 1.10 M and a paid-up capital of Rs 1.10 M.
The company currently has active open charges totaling ₹17.78 Cr. The company has closed loans amounting to ₹2.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chaitali Shah, Bhavinkumar Shah, and Palash Shah serve as directors at the Company.
Company Details
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Location
Pardi, Gujarat, India
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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
U25209GJ2008PTC054748
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Company No.
054748
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 2008
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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 Ahmedabad
Industry
What products or services does Vactech Composites Private Limited offer?
Vactech Composites Private Limited offers a wide range of products and services, including Packaging Films & Foils, PVC Film, Crayon, Painting Brush & Craft Tools, Art Materials, Conveyor Systems & Components, Rollers, Plastic Film, Industrial Valves & Valve Fittings, Industrial Valves, PVC, FRP, HDPE & Other Plastic Pipes.
Who are the key members and board of directors at Vactech Composites?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavinkumar Shah
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Whole-Time Director | 11-Aug-2008 | Current |
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Chaitali Shah
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Whole-Time Director | 11-Aug-2008 | Current |
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Palash Shah
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Director | 04-May-2023 | Current |
Financial Performance of Vactech Composites.
Vactech Composites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.08% increase. The company also saw a substantial improvement in profitability, with a 220.1% increase in profit. The company's net worth Soared by an impressive increase of 30.13%.
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What is the Ownership and Shareholding Structure of Vactech Composites?
In 2023, Vactech Composites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹177.80 M
₹29.50 M
Charges Breakdown by Lending Institutions
- Others : 17.78 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2023 | Others | ₹3.78 Cr | Open |
| 30 Oct 2015 | Others | ₹14.00 Cr | Open |
| 30 Nov 2015 | Punjab National Bank | ₹2.00 Cr | Satisfied |
| 30 Nov 2010 | State Bank Of India | ₹9.50 M | Satisfied |
How Many Employees Work at Vactech Composites?
Vactech Composites has a workforce of 177 employees as of Apr 08, 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 Vactech Composites, 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 Vactech Composites'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.