Vanaz Engineers Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.09 Cr
- Company Age 76 Year, 13 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
- Satisfied Charges ₹ 28.51 Cr
- Revenue Growth 17.81%
- Profit Growth 19.20%
- Ebitda 13.54%
- Net Worth 22.25%
- Total Assets 17.07%
About Vanaz Engineers
Vanaz Engineers Limited (VEL) was founded in India on 17 January 1949 and has a glorious history of 76 years . Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Vanaz Engineers Private Limited. The Company is engaged in the Automotive 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 4.00 Cr and a paid-up capital of Rs 2.09 Cr.
The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹28.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nitin Kulkarni, Shriram Bhalerao, Milind Khandekar, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U29299PN1949PLC006866
- Company No.
006866
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jan 1949
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Vanaz Engineers Limited offer?
Vanaz Engineers Limited offers a wide range of products and services, including Automotive Repair Tools & Equipments, CNG Kit, Oxygen & Nitrogen Gas Plants, Cylinder Filling Plants, Forged Components, Forged Automotive Components, Gas Regulators, Air Regulators, Pressure Regulators, Industrial Engines.
Who are the key members and board of directors at Vanaz Engineers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milind Khandekar  | Managing Director | 06-May-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shriram Bhalerao | Director | 15-Jul-2017 | Current |
| Sharmila Karve | Director | 08-Feb-2020 | Current |
| Nitin Kulkarni | Whole-Time Director | 19-Aug-1995 | Current |
Financial Performance of Vanaz Engineers.
Vanaz Engineers Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.81% increase. The company also saw a substantial improvement in profitability, with a 19.2% increase in profit. The company's net worth Soared by an impressive increase of 22.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vanaz Engineers?
In 2024, Vanaz Engineers had a promoter holding of 27.94% and a public holding of 72.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shrushti Realtors Private LimitedShriram Bhalerao is a mutual person
Labindia Instruments Pvt LtdShriram Bhalerao is a mutual person
Labindia Analytical Instruments Private LimitedShriram Bhalerao is a mutual person
Bio-Analytical Technologies (India) Private LimitedShriram Bhalerao is a mutual person
Thomas Cook (India) LimitedSharmila Karve is a mutual person
Csb Bank LimitedSharmila Karve is a mutual person
Charges (Loans)
₹1.50 Cr
₹28.51 Cr
Charges Breakdown by Lending Institutions
- The Saraswat Co-Operative Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2000 | The Saraswat Co-Operative Bank Limited | ₹1.50 Cr | Open |
| 26 Jun 2015 | Saraswat Co-Operative Bank Ltd. | ₹5.00 Cr | Satisfied |
| 03 Oct 2011 | The Saraswat Co-Operative Bank Limited | ₹3.25 Cr | Satisfied |
| 09 Oct 2008 | The Saraswat Co - Operative Bank Limited | ₹0.40 M | Satisfied |
| 21 Apr 2008 | The Saraswat Co - Operative Bank Limited | ₹1.77 Cr | Satisfied |
How Many Employees Work at Vanaz Engineers?
Vanaz Engineers has a workforce of 286 employees as of Jan 20, 2025. 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 Vanaz Engineers, 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 Vanaz Engineers'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.
