Vasav Precision Engineering Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.20 M
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.31 Cr
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 51.25%
- Profit Growth -31.24%
- Ebitda 18.57%
- Net Worth 29.58%
- Total Assets 18.45%
About Vasav Precision Engineering
Vasav Precision Engineering Private Limited (VPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 November 1988 and has a history of 36 years and two months. Its registered office is in Nashik, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 0.20 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹7.31 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Kadakkal, Deep Vasav, and Chirag Ashok serve as directors at the Company.
Company Details
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Location
Nashik, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U29200MH1988PTC049851
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Company No.
049851
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Nov 1988
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Vasav Precision Engineering Private Limited offer?
Vasav Precision Engineering Private Limited offers a wide range of products and services, including Alloy, Metal and Industrial Nuts, Hex Nuts, Nails, Fasteners, Rivets & Shackles, Metal Stud, Mild Steel Studs, Stainless Steel Stud.
Who are the key members and board of directors at Vasav Precision Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Kadakkal
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Director | 30-Nov-1988 | Current |
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Deep Vasav
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Director | 09-Nov-2021 | Current |
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Chirag Ashok
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Director | 11-Dec-2012 | Current |
Financial Performance of Vasav Precision Engineering.
Vasav Precision Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.25% increase. The company also saw a substantial fall in profitability, with a 31.24% decrease in profit. The company's net worth Soared by an impressive increase of 29.58%.
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What is the Ownership and Shareholding Structure of Vasav Precision Engineering?
In 2023, Vasav Precision Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Omicron Machine Tools Private LimitedAshok Kadakkal, Deep Vasav and 1 more are mutual person
Charges (Loans)
₹73.06 M
₹2.00 M
Charges Breakdown by Lending Institutions
- Others : 4.06 Cr
- The South Indian Bank Limited : 2.05 Cr
- Sidbi : 1.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Sidbi | ₹1.20 Cr | Open |
| 07 Mar 2024 | The South Indian Bank Limited | ₹1.50 M | Open |
| 09 Nov 2023 | The South Indian Bank Limited | ₹1.00 Cr | Open |
| 07 Jan 2023 | Others | ₹1.55 Cr | Open |
| 04 Jan 2022 | The South Indian Bank Limited | ₹9.00 M | Open |
How Many Employees Work at Vasav Precision Engineering?
Vasav Precision Engineering has a workforce of 29 employees as of Mar 30, 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 Vasav Precision Engineering, 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 Vasav Precision Engineering'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.
