Valecha Engineering Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 22.53 Cr
- Company Age 47 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 987.97 Cr
- Satisfied Charges ₹ 941.54 Cr
- Revenue Growth 6.62%
- Profit Growth 51.30%
- Ebitda -233.96%
- Net Worth 8.87%
- Total Assets -3.07%
About Valecha Engineering
Valecha Engineering Limited (VEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 March 1977 and has a history of 47 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532389.
The Corporate was formerly known as Valecha Bros Engineering Constructions Private Limited. 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 35.00 Cr and a paid-up capital of Rs 22.53 Cr.
The company currently has active open charges totaling ₹987.97 Cr. The company has closed loans amounting to ₹941.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Valecha Engineering Limited India are Vijaykumar Modi as Company Secretary, Anil Korpe as Cfo, and Tarun Dutta as Ceo. Vipul Bansal, Pradeep Khandagale, Bhushan Sable, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L74210MH1977PLC019535
- Company No.
019535
- Stock Symbol
BSE : 532389
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Mar 1977
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Valecha Engineering Limited offer?
Valecha Engineering Limited offers a wide range of products and services, including Building Construction, Building Consultants, Infrastructure Construction Service, Dam Construction Services, Business Planning and Management, Business Consultant, Welfare Organization Services, Community Development Services, Architectural & Civil Engineering, Engineering Consultant Service.
Who are the key members and board of directors at Valecha Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaykumar Modi  | Company Secretary | 01-Oct-2016 | Current |
| Anil Korpe | CFO | 23-Feb-2017 | Current |
| Tarun Dutta | CEO | 30-Jul-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vipul Bansal | Additional Director | 10-Sep-2024 | Current |
| Pradeep Khandagale | Director | 14-Aug-2024 | Current |
| Bhushan Sable | Director | 14-Aug-2024 | Current |
| Shashikant Bhoge | Director | 14-Aug-2024 | Current |
| Ashish Mittal | Additional Director | 14-Aug-2024 | Current |
| Ashlesha Raythattha | Additional Director | 10-Sep-2024 | Current |
Financial Performance of Valecha Engineering.
Valecha Engineering Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.62% increase. The company also saw a substantial improvement in profitability, with a 51.3% increase in profit. The company's net worth moved up by a moderate rise of 8.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Valecha Engineering?
In 2022, Valecha Engineering had a promoter holding of 18.09% and a public holding of 81.91%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹987.97 Cr
₹941.54 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 536.80 Cr
- Others : 150.00 Cr
- Srei Equipment Finance Limited : 123.23 Cr
- Central Bank Of India : 50.00 Cr
- Lakshmi Vilas Bank Limited : 30.00 Cr
- Others : 97.94 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2015 | Srei Equipment Finance Limited | ₹2.68 Cr | Open |
| 08 Oct 2015 | Srei Equipment Finance Limited | ₹39.11 Cr | Open |
| 29 Sep 2015 | Srei Equipment Finance Limited | ₹15.00 Cr | Open |
| 21 Jan 2015 | Others | ₹100.00 Cr | Open |
| 21 Jan 2015 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Valecha Engineering?
Valecha Engineering has a workforce of 32 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 Valecha Engineering, 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 Valecha Engineering'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.
