Vaibhav Fitting India Private Limited

Founded in 2007 and headquartered in Gujarat, India.

2007 | Valsad, Gujarat (India) | Active
Last Updated: November 16, 2024

Vaibhav Fitting India Profile

Key Indicators

  • Authorised Capital ₹ 6.32 Cr
  • Paid Up Capital ₹ 6.32 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.10 Cr
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 19.23%
  • Profit Growth 43.41%
  • Ebitda 47.49%
  • Net Worth 26.72%
  • Total Assets 18.56%

About Vaibhav Fitting India

Vaibhav Fitting India Private Limited (VFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 2007 and has a history of 17 years and nine months. Its registered office is in Valsad, Gujarat, India.

The Company is engaged in the Manufacturing 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 6.32 Cr and a paid-up capital of Rs 6.32 Cr.

The company currently has active open charges totaling ₹8.10 Cr. The company has closed loans amounting to ₹4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ashok Sanghvi and Suresh Sanghvi serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vaibhavfitting.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101GJ2007PTC152438

  • Company No.

    170469

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Vaibhav Fitting India Private Limited offer?

Vaibhav Fitting India Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Forged Pipe Fittings.

Who are the key members and board of directors at Vaibhav Fitting India?

Board Members (2)

NameDesignationAppointment DateStatus
Suresh Sanghvi Country flag representing In Director 01-May-2007Current
Ashok Sanghvi Country flag representing In Director 01-Apr-2017Current

Financial Performance of Vaibhav Fitting India.

Vaibhav Fitting India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.23% increase. The company also saw a substantial improvement in profitability, with a 43.41% increase in profit. The company's net worth Soared by an impressive increase of 26.72%.

Graph illustrating revenue growth over time
Graph showing 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
19.23%
Revenue from Operations
19.74%
Total Assets
18.56%
Profit or Loss
43.41%
Net Worth
26.72%
EBITDA
47.49%

What is the Ownership and Shareholding Structure of Vaibhav Fitting India?

In 2023, Vaibhav Fitting India had a promoter holding of 30.06% and a public holding of 69.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.10 Cr

Satisfied Charges

₹0.45 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.35 Cr
  • Sidbi : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 2020Sidbi₹7.46 MOpen
10 Aug 2012State Bank Of India₹7.35 CrOpen
22 Jan 2010Bank Of Baroda₹4.50 MSatisfied

How Many Employees Work at Vaibhav Fitting India?

Vaibhav Fitting India has a workforce of 119 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vaibhav Fitting India, 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 Vaibhav Fitting India'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 Vaibhav Fitting India

Recent activity within the organization

  • Annual General Meeting

    Vaibhav Fitting India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vaibhav Fitting India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 0.75 Cr with Charge ID 100337861 was registered on 28 May 2020.

    28 May 2020

  • Director Appointment

    Ashok Shantilal Sanghvi was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 7 years 10 months .

    01 Apr 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.35 Cr with Charge ID 10376971 was registered on 10 Aug 2012.

    10 Aug 2012

  • Charges

    A charge with State Bank Of India of Rs. 7.35 Cr registered on 10 Aug 2012 with Charge ID 10376971 was modified on 10 Aug 2012.

    10 Aug 2012

Frequently asked questions

  • Vaibhav Fitting India Private Limited was incorporated on 01 May 2007.

  • The authorized share capital of Vaibhav Fitting India Private Limited is ₹ 6.32 Cr and paid-up capital is ₹ 6.32 Cr.

  • Currently 2 directors are associated with Vaibhav Fitting India Private Limited.

    • Ashok Shantilal Sanghvi
    • Suresh Ghevarchand Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaibhav Fitting India Private Limited is Plot No. 280/1 Gidc India, Umbergaon, Gujarat, 396171.

  • The corporate identification number (CIN) of Vaibhav Fitting India Private Limited is U27101GJ2007PTC152438 and the company number is 170469 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vaibhav Fitting India Private Limited is https://www.vaibhavfitting.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vaibhav Fitting India Private Limited has risen by 19.23%.

  • As Per 2023 financial reports, 119 employees are currently employed by Vaibhav Fitting India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vaibhav Fitting India Private Limited has experienced an upsurge of 26.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vaibhav Fitting India Private Limited amount to ₹ 8.10 Cr.

  • The most recent Balance Sheet for Vaibhav Fitting India Private Limited was filed with the ROC on 31 Mar 2024.

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