Vair Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 8 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -52.46%
- Profit Growth -36.20%
- Ebitda 29.78%
- Net Worth 9.11%
- Total Assets -47.02%
About Vair Systems
Vair Systems Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 2017 (Eight years and one month 10 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Engineering 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 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Kankipati Narayana and Kankipatilakshmisoudamini serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309TN2017PTC116037
- Company No.
116037
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Apr 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Engineering
Vair Systems Private Limited
Explore comprehensive data for Vair Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vair Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kankipati Narayana  | Managing Director | 12-Apr-2017 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kankipatilakshmisoudamini | Director | 30-Sep-2019 | Current |
Financial Performance of Vair Systems.
Vair Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.46% decrease. The company also saw a substantial fall in profitability, with a 36.2% decrease in profit. The company's net worth moved up by a moderate rise of 9.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vair Systems?
In 2023, Vair Systems 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)
- Cotspin Accessories Private Limited
Kankipati Narayana and Kankipatilakshmisoudamini are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Vair Systems?
Vair Systems has a workforce of 1 employees as of Mar 22, 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 Vair Systems, 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 Vair Systems'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.
Latest Updates, News, and FAQs on Vair Systems
Recent activity within the organization
- Annual General Meeting
Vair Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vair Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Kankipatilakshmisoudamini was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 7 months .
- Director Appointment
Kankipati Lakshmi Narayana was appointed as a Managing Director was appointed as a Managing Director on 12 Apr 2017 & has been associated with this company since 8 years 1 month .
- Company Incorporation
Vair Systems Private Limited was registered on 12 Apr 2017 with Roc Chennai & aged 8 years 1 month as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Vair Systems Private Limited?
Vair Systems Private Limited was incorporated on 12 Apr 2017.
What is authorized share capital and paid-up capital of Vair Systems Private Limited?
The authorized share capital of Vair Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Vair Systems Private Limited?
Currently 2 directors are associated with Vair Systems Private Limited.
- Kankipati Lakshmi Narayana
- Kankipatilakshmisoudamini
What is the registered address of Vair Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vair Systems Private Limited is No.13, Central School Road Gill Nagar India, Chennai, Tamil Nadu, 600094.
What is the corporate identification number (CIN) and company number of Vair Systems Private Limited?
The corporate identification number (CIN) of Vair Systems Private Limited is U29309TN2017PTC116037 and the company number is 116037 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vair Systems Private Limited?
The Official website of Vair Systems Private Limited is https://www.vair-systems-private-limited.business.site
What has been the recent revenue trend for Vair Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vair Systems Private Limited has fallen by -52.46%.
How many employees does Vair Systems Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Vair Systems Private Limited.
What change has been observed in the net worth of Vair Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vair Systems Private Limited has experienced an upsurge of 9.11%.
When was the last Balance Sheet of Vair Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Vair Systems Private Limited was filed with the ROC on 31 Mar 2024.
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