Vasantha Industries Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 34.63 Cr
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 232.89 Cr
- Satisfied Charges ₹ 363.54 Cr
- Revenue Growth -49.04%
- Profit Growth 207.28%
- Ebitda 2.66%
- Net Worth 1.37%
- Total Assets -9.34%
About Vasantha Industries
Vasantha Industries Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 2005 and has a history of 19 years and seven months. Its registered office is in Guntur, Andhra Pradesh, India.
The Corporate was formerly known as Vasantha Industries Limited. The Company is engaged in the Manufacturing 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 40.00 Cr and a paid-up capital of Rs 34.63 Cr.
The company currently has active open charges totaling ₹232.89 Cr. The company has closed loans amounting to ₹363.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vasantha Industries Private Limited India is Bhaskara Boddu as CFO. Venkata Vasantha, Ramesh Yalavarthi, Nageswara Parupalli, and Two other members serve as directors at the Company.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17110AP2005PTC046736
- Company No.
046736
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jul 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Vasantha Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Vasantha  | Managing Director | 04-Jul-2005 | Current |
| Bhaskara Boddu | CFO | 08-Aug-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Yalavarthi | Director | 04-Jul-2005 | Current |
| Nageswara Parupalli | Director | 04-Jul-2005 | Current |
| Mannam Rao | Director | 01-Aug-2014 | Current |
| Vasantha Sirisha | Additional Director | 18-Jun-2021 | Current |
Financial Performance of Vasantha Industries.
Vasantha Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.04% decrease. The company also saw a substantial improvement in profitability, with a 207.28% increase in profit. The company's net worth moved up by a moderate rise of 1.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vasantha Industries?
In 2023, Vasantha Industries had a promoter holding of 94.61% and a public holding of 5.39%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vvk Agro Farms Private LimitedVenkata Vasantha, Nageswara Parupalli and 1 more are mutual person
- Sri Vasanta Estates Private Limited
Venkata Vasantha and Vasantha Sirisha are mutual person
- Ispr Properties Private Limited
Venkata Vasantha, Nageswara Parupalli and 1 more are mutual person
- Vasantha Bhavana Projects Private Limited
Venkata Vasantha and Vasantha Sirisha are mutual person
- Vvkp Projects Private Limited
Venkata Vasantha and Vasantha Sirisha are mutual person
Charges (Loans)
₹232.89 Cr
₹363.54 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 203.13 Cr
- Others : 29.36 Cr
- Hdfc Bank Limited : 0.20 Cr
- Axis Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2024 | State Bank Of India | ₹52.00 Cr | Open |
| 09 Oct 2023 | Axis Bank Limited | ₹2.00 M | Open |
| 17 Jan 2022 | Others | ₹8.36 Cr | Open |
| 31 Aug 2021 | Hdfc Bank Limited | ₹1.20 M | Open |
| 31 Aug 2021 | Hdfc Bank Limited | ₹0.80 M | Open |
How Many Employees Work at Vasantha Industries?
Vasantha Industries has a workforce of 366 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 Vasantha 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 Vasantha 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.
