Vasavi Bala Resins Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 2.76 M
- Company Age 33 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.10 Cr
- Satisfied Charges ₹ 20.48 Cr
- Revenue Growth 2.44%
- Profit Growth 2.37%
- Ebitda -0.09%
- Net Worth 13.33%
- Total Assets 2.09%
About Vasavi Bala Resins
Vasavi Bala Resins Private Limited (VBRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 1991 and has a history of 33 years and eight months. Its registered office is in 600 018, Tamil Nadu, India.
The Corporate was formerly known as Vasavibala Resins Private 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 3.50 M and a paid-up capital of Rs 2.76 M.
The company currently has active open charges totaling ₹10.10 Cr. The company has closed loans amounting to ₹20.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Siva Mithuna, Siva Seetharaman, and Vengatesh Anjana serve as directors at the Company.
Company Details
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Location
600 018, Tamil Nadu, 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
U24131TN1991PTC020915
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Company No.
020915
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Jun 1991
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Date of AGM
29 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 Chennai
Industry
Who are the key members and board of directors at Vasavi Bala Resins?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siva Seetharaman
|
Managing Director | 06-Jun-1991 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Siva Mithuna
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Director | 19-Mar-2020 | Current |
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Vengatesh Anjana
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Director | 25-Mar-2016 | Current |
Financial Performance of Vasavi Bala Resins.
Vasavi Bala Resins Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.44% increase. The company also saw a slight improvement in profitability, with a 2.37% increase in profit. The company's net worth Soared by an impressive increase of 13.33%.
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What is the Ownership and Shareholding Structure of Vasavi Bala Resins?
In 2023, Vasavi Bala Resins had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Usam Technology Solutions Private LimitedVengatesh Anjana is a mutual person
Charges (Loans)
₹101.00 M
₹204.80 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2017 | Hdfc Bank Limited | ₹10.10 Cr | Open |
| 11 Apr 2015 | State Bank Of India | ₹2.50 Cr | Satisfied |
| 12 Mar 2008 | State Bank Of India | ₹12.00 Cr | Satisfied |
| 02 Apr 2007 | State Bank Of India | ₹2.56 Cr | Satisfied |
| 17 Oct 1997 | State Bank Of Indai | ₹4.00 M | Satisfied |
How Many Employees Work at Vasavi Bala Resins?
Vasavi Bala Resins has a workforce of 35 employees as of Apr 02, 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 Vasavi Bala Resins, 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 Vasavi Bala Resins'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.
