Vasan Engineering Industries Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- 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 six months. Its registered office is in Pudukottai District 622 515, 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 2023. 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, India
- 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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Vasan Engineering Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Rengarajan  | Managing Director | 23-Aug-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rengarajan Subha | Director | 23-Aug-2005 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Charges (Loans)
₹43.08 Cr
₹28.74 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 42.83 Cr
- L & T Finance Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2020 | Canara Bank | ₹8.58 Cr | Open |
| 31 Dec 2018 | Canara Bank | ₹21.50 Cr | Open |
| 16 Dec 2013 | Canara Bank | ₹12.75 Cr | Open |
| 03 Aug 2011 | L & T Finance Limited | ₹2.50 M | Open |
| 07 Jul 2006 | Indian Overseas Bank | ₹1.65 Cr | Satisfied |
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.
Deals i
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
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.