Vasant Chemicals Private Ltd.

Specialty chemicals and pharmaceutical intermediates manufacturer with ISO certifications and global clientele.

1988 | Hyderabad, Telangana (India) | Active
Last Updated:

Vasant Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.36 Cr
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 198.78 Cr
  • Satisfied Charges ₹ 61.96 Cr
  • Revenue Growth -9.77%
  • Profit Growth -93.38%
  • Ebitda -76.45%
  • Net Worth -0.16%
  • Total Assets -5.69%

About Vasant Chemicals

Vasant Chemicals Private Ltd. (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 October 1988 and has a history of 36 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Vasant Chemicals Ltd.. The Company is engaged in the Chemicals And Materials 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 10.00 Cr and a paid-up capital of Rs 6.36 Cr.

The company currently has active open charges totaling ₹198.78 Cr. The company has closed loans amounting to ₹61.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

Umesh Sanghvi, Krishna Gutta, Beeraka Venkata, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110TG1988PTC009208

  • Company No.

    009208

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1988

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Vasant Chemicals?

Board Members (5)

NameDesignationAppointment DateStatus
Umesh Sanghvi Country flag representing In Nominee Director 17-Apr-2024Current
Krishna Gutta Country flag representing In Director 25-Oct-1988Current
Beeraka Venkata Country flag representing In Director 11-Jun-2015Current
Dr Maier Country flag representing De Nominee Director 17-Apr-2024Current
Frank Baumann Country flag representing De Nominee Director 17-Apr-2024Current

Financial Performance of Vasant Chemicals.

Vasant Chemicals Private Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 9.77% decrease. The company also saw a substantial fall in profitability, with a 93.38% decrease in profit. The company's net worth dipped by a decrease of 0.16%.

Vasant Chemicals revenue growth over time
Vasant Chemicals 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
-9.77%
Revenue from Operations
-16.98%
Total Assets
-5.69%
Profit or Loss
-93.38%
Net Worth
-0.16%
EBITDA
-76.45%

What is the Ownership and Shareholding Structure of Vasant Chemicals?

In 2023, Vasant Chemicals had a promoter holding of 44.94% and a public holding of 55.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹198.78 Cr

Satisfied Charges

₹61.96 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 142.68 Cr
  • Axis Bank Limited : 56.10 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2024State Bank Of India₹79.94 CrOpen
18 Nov 2014Axis Bank Limited₹56.10 CrOpen
28 Jan 1998State Bank Of India₹62.74 CrOpen
31 Oct 2020State Bank Of India₹3.42 CrSatisfied
23 Oct 2020Axis Bank Limited₹2.10 CrSatisfied

How Many Employees Work at Vasant Chemicals?

Vasant Chemicals has a workforce of 227 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 Vasant Chemicals Private Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vasant Chemicals, 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 Vasant Chemicals'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 Vasant Chemicals

Recent activity within the organization

  • Director Appointment

    Umesh Kishorekant Sanghvi was appointed as a Nominee Director was appointed as a Nominee Director on 17 Apr 2024 & has been associated with this company since 11 months 10 days .

  • Director Appointment

    Dr Andreas Hermann Maier was appointed as a Nominee Director was appointed as a Nominee Director on 17 Apr 2024 & has been associated with this company since 11 months 10 days .

  • Director Appointment

    Frank Baumann was appointed as a Nominee Director was appointed as a Nominee Director on 17 Apr 2024 & has been associated with this company since 11 months 10 days .

  • Charges

    A charge with State Bank Of India amounted to Rs. 79.94 Cr with Charge ID 100862768 was registered on 07 Feb 2024.

  • Annual General Meeting

    Vasant Chemicals Private Ltd. last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 23 Oct 2020 via Charge ID 100384773 with Axis Bank Limited was fully satisfied on 06 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Vasant Chemicals Private Ltd.?

    Vasant Chemicals Private Ltd. was incorporated on 25 Oct 1988.

  • What is authorized share capital and paid-up capital of Vasant Chemicals Private Ltd.?

    The authorized share capital of Vasant Chemicals Private Ltd. is ₹ 10.00 Cr and paid-up capital is ₹ 6.36 Cr.

  • Who are the current board members & directors of Vasant Chemicals Private Ltd.?

    Currently 5 directors are associated with Vasant Chemicals Private Ltd..

    • Umesh Kishorekant Sanghvi
    • Krishna Bapiah Chowdary Gutta
    • Beeraka Sivaiah Venkata
    • Dr Andreas Hermann Maier
    • Frank Baumann

  • What is the registered address of Vasant Chemicals Private Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vasant Chemicals Private Ltd. is 4Th Floor Iktara 1-63/10 Plot No.10 11, Kavuri Hills India, Shaikpet, Telangana, 500033.

  • What is the corporate identification number (CIN) and company number of Vasant Chemicals Private Ltd.?

    The corporate identification number (CIN) of Vasant Chemicals Private Ltd. is U24110TG1988PTC009208 and the company number is 009208 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vasant Chemicals Private Ltd.?

    The Official website of Vasant Chemicals Private Ltd. is https://www.vasantchemicals.com

  • What has been the recent revenue trend for Vasant Chemicals Private Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vasant Chemicals Private Ltd. has fallen by -9.77%.

  • How many employees does Vasant Chemicals Private Ltd. currently have?

    As Per 2023 financial reports, 227 employees are currently employed by Vasant Chemicals Private Ltd..

  • What change has been observed in the net worth of Vasant Chemicals Private Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vasant Chemicals Private Ltd. has experienced an downturn of -0.16%.

  • What are the total open charges for Vasant Chemicals Private Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Vasant Chemicals Private Ltd. amount to ₹ 198.78 Cr.

  • When was the last Balance Sheet of Vasant Chemicals Private Ltd. filed with the ROC?

    The most recent Balance Sheet for Vasant Chemicals Private Ltd. was filed with the ROC on 31 Mar 2023.

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