Vasanti Petro Chem Ltd

Textile manufacturing company specializing in petrochemicals, polystyrenes, polyglycols, ketones, hydrin, and aromatic alcohols.

1995 | Gujarat, Gujarat (India) | Active
Last Updated: July 27, 2024

Vasanti Petro Chem Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.16 Cr
  • Revenue Growth 49.62%
  • Profit Growth -2.92%
  • Ebitda 15.95%
  • Net Worth 5.75%
  • Total Assets 9.75%

About Vasanti Petro Chem

Vasanti Petro Chem Ltd (VPCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 1995 and has a history of 29 years and nine months. Its registered office is in Gujarat, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.16 Cr.

Utsav Rungta, Hira Rungta, and Yash Bubna serve as directors at the Company.

Company Details

  • Location

    Gujarat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209GJ1995PLC025691

  • Company No.

    025691

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Vasanti Petro Chem?

Board Members (3)

Name Designation Appointment Date Status
Utsav Rungta Country flag representing In Director 29-Sep-2014 Current
Hira Rungta Country flag representing In Director 30-Sep-2015 Current
Yash Bubna Country flag representing In Director 19-Nov-2017 Current

Financial Performance of Vasanti Petro Chem.

Vasanti Petro Chem Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 49.62% increase. The company also saw a slight decrease in profitability, with a 2.92% decrease in profit. The company's net worth moved up by a moderate rise of 5.75%.

Graph illustrating revenue growth over time
Graph showing 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
49.62%
Revenue from Operations
49.38%
Total Assets
9.75%
Profit or Loss
-2.92%
Net Worth
5.75%
EBITDA
15.95%

What is the Ownership and Shareholding Structure of Vasanti Petro Chem?

In 2023, Vasanti Petro Chem had a promoter holding of 64.58% and a public holding of 35.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.16 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2017 Others ₹2.16 Cr Open

How Many Employees Work at Vasanti Petro Chem?

Unlock and access historical data on people associated with Vasanti Petro Chem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vasanti Petro Chem, 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 Vasanti Petro Chem'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 Vasanti Petro Chem

Recent activity within the organization

  • Annual General Meeting

    Vasanti Petro Chem Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 21.63 M registered on 24 Apr 2017 with Charge ID 100096418 was modified on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

    Vasanti Petro Chem Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Yash Vardhan Ravindrakumar Bubna was appointed as a Director was appointed as a Director on 19 Nov 2017 & has been associated with this company since 7 years 2 months .

    19 Nov 2017

  • Charges

    A charge with Others amounted to Rs. 21.63 M with Charge ID 100096418 was registered on 24 Apr 2017.

    24 Apr 2017

  • Director Appointment

    Hira Ashok Rungta was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

Frequently asked questions

  • Vasanti Petro Chem Ltd was incorporated on 01 May 1995.

  • The authorized share capital of Vasanti Petro Chem Ltd is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Vasanti Petro Chem Ltd.

    • Utsav Ashok Rungta
    • Hira Ashok Rungta
    • Yash Vardhan Ravindrakumar Bubna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vasanti Petro Chem Ltd is 9 Vasanti Villapritam Society No 1 Bharuch, Gujarat, India, 392002.

  • The corporate identification number (CIN) of Vasanti Petro Chem Ltd is U23209GJ1995PLC025691 and the company number is 025691 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vasanti Petro Chem Ltd has risen by 49.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vasanti Petro Chem Ltd has experienced an upsurge of 5.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vasanti Petro Chem Ltd amount to ₹ 2.16 Cr.

  • The most recent Balance Sheet for Vasanti Petro Chem Ltd was filed with the ROC on 31 Mar 2023.

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