Vap Induction (India) Private Limited

Manufacturer of induction melting and heating systems, including steel frame and shunt-less furnaces.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Vap Induction (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.70 Cr
  • Satisfied Charges ₹ 1.85 M
  • Revenue Growth 57.30%
  • Profit Growth 133.74%
  • Ebitda -13.13%
  • Net Worth 0.55%
  • Total Assets 5.00%

About Vap Induction (India)

Vap Induction (India) Private Limited (VIIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 August 1985 and has a history of 39 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 2.00 Cr and a paid-up capital of Rs 1.44 Cr.

The company currently has active open charges totaling ₹5.70 Cr. The company has closed loans amounting to ₹1.85 M, as per Ministry of Corporate Affairs (MCA) records.

Daita Gopalakrishna, Sastry Vasanthi, and Daita Sriram 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

    U78910MH1985PTC037146

  • Company No.

    037146

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Energy and Power
Company report

Vap Induction (India) Private Limited

Explore comprehensive data for Vap Induction (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vap Induction (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Daita Gopalakrishna Country flag representing In Managing Director14-Aug-1985Current

Board Members (2)

NameDesignationAppointment DateStatus
Sastry Vasanthi Country flag representing In Director 25-May-2009Current
Daita Sriram Country flag representing In Director 25-May-2009Current

Financial Performance of Vap Induction (India).

Vap Induction (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.3% increase. The company also saw a substantial improvement in profitability, with a 133.74% increase in profit. The company's net worth moved up by a moderate rise of 0.55%.

Vap Induction (India) revenue growth over time
Vap Induction (India) 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
57.30%
Revenue from Operations
56.59%
Total Assets
5.00%
Profit or Loss
133.74%
Net Worth
0.55%
EBITDA
-13.13%

What is the Ownership and Shareholding Structure of Vap Induction (India)?

In 2022, Vap Induction (India) had a promoter holding of 47.78% and a public holding of 52.22%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.70 Cr

Satisfied Charges

₹0.18 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 2.50 Cr
  • Vijya Bank : 2.45 Cr
  • Others : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2017Others₹7.50 MOpen
25 Sep 1997Vijya Bank₹2.20 CrOpen
25 Sep 1997Vijaya Bank₹2.50 CrOpen
23 May 1986Vijya Bank₹2.50 MOpen
20 May 2010Vijaya Bank₹0.53 MSatisfied

How Many Employees Work at Vap Induction (India)?

Vap Induction (India) has a workforce of 25 employees as of Apr 07, 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.

Employee growth trends for Vap Induction (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vap Induction (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 Vap Induction (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 Vap Induction (India)

Recent activity within the organization

  • Annual General Meeting

    Vap Induction (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vap Induction (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100103571 was registered on 20 Mar 2017.

  • Charges

    A charge with Vijaya Bank of Rs. 2.50 Cr registered on 25 Sep 1997 with Charge ID 90242154 was modified on 20 Jul 2015.

  • Charges

    A charge registered on 20 May 2010 via Charge ID 10229110 with Vijaya Bank was fully satisfied on 29 May 2015.

  • Charges

    A charge registered on 04 Oct 2007 via Charge ID 10077472 with Vijaya Bank was fully satisfied on 29 May 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Vap Induction (India) Private Limited?

    Vap Induction (India) Private Limited was incorporated on 14 Aug 1985.

  • What is authorized share capital and paid-up capital of Vap Induction (India) Private Limited?

    The authorized share capital of Vap Induction (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.44 Cr.

  • Who are the current board members & directors of Vap Induction (India) Private Limited?

    Currently 3 directors are associated with Vap Induction (India) Private Limited.

    • Daita Sastry Gopalakrishna
    • Sastry Daita Vasanthi
    • Daita Sriram
  • What is the registered address of Vap Induction (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vap Induction (India) Private Limited is Flat C 10 Chaitanya Cop Hous Soc Ltd Plot No.135 Model Town S.No.141A Village Ambivali, An Dheri West India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Vap Induction (India) Private Limited?

    The corporate identification number (CIN) of Vap Induction (India) Private Limited is U78910MH1985PTC037146 and the company number is 037146 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vap Induction (India) Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vap Induction (India) Private Limited has risen by 57.30%.

  • How many employees does Vap Induction (India) Private Limited currently have?

    As Per 2022 financial reports, 25 employees are currently employed by Vap Induction (India) Private Limited.

  • What change has been observed in the net worth of Vap Induction (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Vap Induction (India) Private Limited has experienced an upsurge of 0.55%.

  • What are the total open charges for Vap Induction (India) Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Vap Induction (India) Private Limited amount to ₹ 5.70 Cr.

  • When was the last Balance Sheet of Vap Induction (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Vap Induction (India) Private Limited was filed with the ROC on 31 Mar 2024.

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