Vasan Engineering Industries Private Limited

Manufactures and supplies pressure parts, heavy fabrication, and windmill towers for various clients.

2005 | Pudukottai District 622 515, Tamil Nadu (India) | Active
Last Updated:

Vasan Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.08 Cr
  • Satisfied Charges ₹ 28.74 Cr
  • Revenue Growth -5.25%
  • Profit Growth -14.26%
  • Ebitda -83.89%
  • Net Worth -5.20%
  • Total Assets -4.67%

About Vasan Engineering Industries

Vasan Engineering Industries Private Limited (VEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 August 2005 and has a history of 19 years and nine months. Its registered office is in Pudukottai District 622 515, Tamil Nadu.

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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹43.08 Cr. The company has closed loans amounting to ₹28.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinivasan Rengarajan and Rengarajan Subha serve as directors at the Company.

Company Details

  • Location Pudukottai District 622 515, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29199TN2005PTC057264

  • Company No.

    057264

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering
Company report

Vasan Engineering Industries Private Limited

Explore comprehensive data for Vasan Engineering Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vasan Engineering Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivasan Rengarajan Country flag representing In Managing Director23-Aug-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Rengarajan Subha Country flag representing In Director 23-Aug-2005Current

Financial Performance of Vasan Engineering Industries.

Vasan Engineering Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.25% decrease. The company also saw a substantial fall in profitability, with a 14.26% decrease in profit. The company's net worth dipped by a decrease of 5.2%.

Vasan Engineering Industries revenue growth over time
Vasan Engineering Industries 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
-5.25%
Revenue from Operations
-28.85%
Total Assets
-4.67%
Profit or Loss
-14.26%
Net Worth
-5.20%
EBITDA
-83.89%

What is the Ownership and Shareholding Structure of Vasan Engineering Industries?

In 2023, Vasan Engineering Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.08 Cr

Satisfied Charges

₹28.74 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 42.83 Cr
  • L & T Finance Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
19 Aug 2020Canara Bank₹8.58 CrOpen
31 Dec 2018Canara Bank₹21.50 CrOpen
16 Dec 2013Canara Bank₹12.75 CrOpen
03 Aug 2011L & T Finance Limited₹2.50 MOpen
07 Jul 2006Indian Overseas Bank₹1.65 CrSatisfied

How Many Employees Work at Vasan Engineering Industries?

Vasan Engineering Industries has a workforce of 8 employees as of Apr 04, 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 Vasan Engineering Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vasan Engineering Industries, 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 Vasan Engineering Industries'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 Vasan Engineering Industries

Recent activity within the organization

  • Annual General Meeting

    Vasan Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vasan Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Canara Bank of Rs. 8.58 Cr registered on 19 Aug 2020 with Charge ID 100375276 was modified on 25 Mar 2022.

  • Charges

    A charge with Canara Bank amounted to Rs. 8.58 Cr with Charge ID 100375276 was registered on 19 Aug 2020.

  • Charges

    A charge with Canara Bank amounted to Rs. 21.50 Cr with Charge ID 100237590 was registered on 31 Dec 2018.

  • Charges

    A charge with Canara Bank of Rs. 12.75 Cr registered on 16 Dec 2013 with Charge ID 10467519 was modified on 16 Feb 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Vasan Engineering Industries Private Limited?

    Vasan Engineering Industries Private Limited was incorporated on 23 Aug 2005.

  • What is authorized share capital and paid-up capital of Vasan Engineering Industries Private Limited?

    The authorized share capital of Vasan Engineering Industries Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Vasan Engineering Industries Private Limited?

    Currently 2 directors are associated with Vasan Engineering Industries Private Limited.

    • Srinivasan Rengarajan
    • Rengarajan Subha
  • What is the registered address of Vasan Engineering Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vasan Engineering Industries Private Limited is Sf No.10/1B 1B Pakkudy Roadkumaramangalam Kolathur Tk, India, Pudukottai District 622 515, Tamil Nadu.

  • What is the corporate identification number (CIN) and company number of Vasan Engineering Industries Private Limited?

    The corporate identification number (CIN) of Vasan Engineering Industries Private Limited is U29199TN2005PTC057264 and the company number is 057264 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vasan Engineering Industries Private Limited?

    The Official website of Vasan Engineering Industries Private Limited is https://www.vasanengg.com

  • What has been the recent revenue trend for Vasan Engineering Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vasan Engineering Industries Private Limited has fallen by -5.25%.

  • How many employees does Vasan Engineering Industries Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Vasan Engineering Industries Private Limited.

  • What change has been observed in the net worth of Vasan Engineering Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vasan Engineering Industries Private Limited has experienced an downturn of -5.20%.

  • What are the total open charges for Vasan Engineering Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vasan Engineering Industries Private Limited amount to ₹ 43.08 Cr.

  • When was the last Balance Sheet of Vasan Engineering Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Vasan Engineering Industries Private Limited was filed with the ROC on 31 Mar 2024.

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