Vasant Chemicals Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.36 Cr
- Company Age 36 Year, 4 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 four 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
Who are the key members and board of directors at Vasant Chemicals?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umesh Sanghvi  | Nominee Director | 17-Apr-2024 | Current |
| Krishna Gutta | Director | 25-Oct-1988 | Current |
| Beeraka Venkata | Director | 11-Jun-2015 | Current |
Dr Maier  | Nominee Director | 17-Apr-2024 | Current |
| Frank Baumann | Nominee Director | 17-Apr-2024 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Jeedimetla Effluent Treatment Limited.Krishna Gutta is a mutual person
Chemet (India) Private LimitedUmesh Sanghvi is a mutual person
Vasant Foods Private LimitedKrishna Gutta is a mutual person
- Kaybee Indents Private Limited
Umesh Sanghvi is a mutual person
- Metavision Technology Private Limited
Umesh Sanghvi is a mutual person
- Dr M L Dhawale Memorial Homeopathic Institute
Umesh Sanghvi is a mutual person
Charges (Loans)
₹198.78 Cr
₹61.96 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 142.68 Cr
- Axis Bank Limited : 56.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | State Bank Of India | ₹79.94 Cr | Open |
| 18 Nov 2014 | Axis Bank Limited | ₹56.10 Cr | Open |
| 28 Jan 1998 | State Bank Of India | ₹62.74 Cr | Open |
| 31 Oct 2020 | State Bank Of India | ₹3.42 Cr | Satisfied |
| 23 Oct 2020 | Axis Bank Limited | ₹2.10 Cr | Satisfied |
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.
Deals i
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
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.
