Vasavi Bala Resins Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 2.76 M
- Company Age 33 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.00 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 ten months. Its registered office is in Chennai, 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 2024. 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 ₹10.00 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
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24131TN1991PTC020915
- Company No.
020915
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jun 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
Vasavi Bala Resins Private Limited
Explore comprehensive data for Vasavi Bala Resins Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Siva Mithuna | Director | 19-Mar-2020 | Current |
| Vengatesh Anjana | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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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Charges (Loans)
Open Charges
₹99.98 M
Satisfied Charges
₹204.80 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2017 | Hdfc Bank Limited | ₹10.00 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.
Latest Updates, News, and FAQs on Vasavi Bala Resins
Recent activity within the organization
- Annual General Meeting
Vasavi Bala Resins Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 99.98 M registered on 23 Feb 2017 with Charge ID 100085303 was modified on 10 Apr 2024.
- Balance Sheet
Vasavi Bala Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- 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 5 years 1 month .
- 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.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Vasavi Bala Resins Private Limited?
Vasavi Bala Resins Private Limited was incorporated on 06 Jun 1991.
What is authorized share capital and paid-up capital of Vasavi Bala Resins Private Limited?
The authorized share capital of Vasavi Bala Resins Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.76 M.
Who are the current board members & directors of Vasavi Bala Resins Private Limited?
Currently 3 directors are associated with Vasavi Bala Resins Private Limited.
- Siva Mithuna
- Siva Seetharaman
- Vengatesh Anjana
What is the registered address of Vasavi Bala Resins Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vasavi Bala Resins Private Limited is 151 Eldams Road Thenampet Archwayno 44, Madras- 600 India, 600 018, Tamil Nadu, 600018.
What is the corporate identification number (CIN) and company number of Vasavi Bala Resins Private Limited?
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).
What is the official website of Vasavi Bala Resins Private Limited?
The Official website of Vasavi Bala Resins Private Limited is https://www.vbr.in
What has been the recent revenue trend for Vasavi Bala Resins Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vasavi Bala Resins Private Limited has risen by 2.44%.
How many employees does Vasavi Bala Resins Private Limited currently have?
As Per 2023 financial reports, 35 employees are currently employed by Vasavi Bala Resins Private Limited.
What change has been observed in the net worth of Vasavi Bala Resins Private Limited, and by what percentage?
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%.
What are the total open charges for Vasavi Bala Resins Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vasavi Bala Resins Private Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Vasavi Bala Resins Private Limited filed with the ROC?
The most recent Balance Sheet for Vasavi Bala Resins Private Limited was filed with the ROC on 31 Mar 2024.
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