Vair Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 7 Year, 9 Months
- 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 (Seven years and nine months 21 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
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29309TN2017PTC116037
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Company No.
116037
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Apr 2017
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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
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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
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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)
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Cotspin Accessories Private LimitedKankipati 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.
