Vasavi Bala Resins Private Limited

Vasavi Bala Resins Private Limited

Produces various types of resins for different industries, part of KB Group, established in 1991.
1991 | 600 018, Tamil Nadu (India) | Active

Last Updated:

July 17, 2024
HomeCompanyVasavi Bala Resins Private Limited

Who are the key members and board of directors at Vasavi Bala Resins?

Executive Team (1)

NameDesignationAppointment DateStatus
Siva Seetharaman InManaging Director06-Jun-1991Current

Board Members(2)

NameDesignationAppointment DateStatus
Siva Mithuna In Director 19-Mar-2020Current
Vengatesh Anjana In Director 25-Mar-2016Current

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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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.44%
Revenue from Operations
2.43%
Total Assets
2.09%
Profit or Loss
2.37%
Net Worth
13.33%
EBITDA
-0.09%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹101.00 M

₹204.80 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 23 Feb 2017
₹10.10 CrOpen

State Bank Of India

Creation Date: 11 Apr 2015
₹2.50 CrSatisfied

State Bank Of India

Creation Date: 12 Mar 2008
₹12.00 CrSatisfied

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.

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Latest Updates, News, and FAQs on Vasavi Bala Resins

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 101.00 M registered on 23 Feb 2017 with Charge ID 100085303 was modified on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Vasavi Bala Resins Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Vasavi Bala Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Siva Mithuna was appointed as a Director was appointed as a Director on 19 Mar 2020 & has been associated with this company since 4 years 9 months .

    19 Mar 2020

  • Charges

    A charge registered on 10 Jul 1997 via Charge ID 90282939 with The Asst Commissioner Commercial Tax Department was fully satisfied on 19 Jan 2018.

    19 Jan 2018

  • Charges

    A charge registered on 23 Nov 1993 via Charge ID 90282673 with The Asst Commissioner Commercial Tax Department was fully satisfied on 19 Jan 2018.

    19 Jan 2018

Frequently asked questions

  • Vasavi Bala Resins Private Limited was incorporated on 06 Jun 1991.

  • The authorized share capital of Vasavi Bala Resins Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.76 M.

  • Currently 3 directors are associated with Vasavi Bala Resins Private Limited.

    • Siva Mithuna
    • Siva Seetharaman
    • Vengatesh Anjana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vasavi Bala Resins Private Limited is 151Eldams RoadThenampetArchwayno 44 Madras-600 018, Tamil Nadu, India, 600018.

  • The corporate identification number (CIN) of Vasavi Bala Resins Private Limited is U24131TN1991PTC020915 and the company number is 020915 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vasavi Bala Resins Private Limited is https://www.vbr.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vasavi Bala Resins Private Limited has risen by 2.44%.

  • As Per 2023 financial reports, 35 employees are currently employed by Vasavi Bala Resins Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vasavi Bala Resins Private Limited has experienced an upsurge of 13.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vasavi Bala Resins Private Limited amount to ₹ 10.10 Cr.

  • The most recent Balance Sheet for Vasavi Bala Resins Private Limited was filed with the ROC on 31 Mar 2023.

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