Vasavi Lubricants Private Limited

Company trades in consumer electronics, spectacles, jewelry, and distributes lubricants in Karnataka and Andhra Pradesh.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated:

Vasavi Lubricants Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 11.85 Cr
  • Revenue Growth 3.36%
  • Profit Growth -100.45%
  • Ebitda 409.38%
  • Net Worth
  • Total Assets 10.04%

About Vasavi Lubricants

Vasavi Lubricants Private Limited (VLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 1998 and has a history of 26 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Chemicals And Materials 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹11.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagadeesh Satrasala, Devevendrappa Vankadaru, Veena Vankadaru, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23201KA1998PTC024197

  • Company No.

    024197

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials
Consumer Electronics & Durables
Consumer Goods
Company report

Vasavi Lubricants Private Limited

Explore comprehensive data for Vasavi Lubricants Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vankadaru Prasad Country flag representing In Managing Director10-Sep-1998Current

Board Members (7)

NameDesignationAppointment DateStatus
Jagadeesh Satrasala Country flag representing In Director 12-Sep-1998Current
Devevendrappa Vankadaru Country flag representing In Director 18-Nov-2011Current
Veena Vankadaru Country flag representing In Director 12-Sep-1998Current
Annam Kumar Country flag representing In Whole-Time Director 09-Jan-2006Current
Vasundhara Satrasala Country flag representing In Director 02-Sep-2002Current
Venkatesh Annam Country flag representing In Whole-Time Director 12-Sep-1998Current

Financial Performance of Vasavi Lubricants.

Vasavi Lubricants Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.36% increase. The company also saw a substantial fall in profitability, with a 100.45% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Vasavi Lubricants revenue growth over time
Vasavi Lubricants 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
3.36%
Revenue from Operations
3.62%
Total Assets
10.04%
Profit or Loss
-100.45%
Net Worth
EBITDA
409.38%

What is the Ownership and Shareholding Structure of Vasavi Lubricants?

In 2022, Vasavi Lubricants had a promoter holding of 77.00% and a public holding of 23.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹11.85 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2021Hdfc Bank Limited₹2.00 CrOpen
04 Nov 2017Axis Bank Limited₹3.40 CrSatisfied
23 Jan 2006State Bank Of India₹8.45 CrSatisfied

How Many Employees Work at Vasavi Lubricants?

Vasavi Lubricants has a workforce of 24 employees as of Apr 09, 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.

Employee growth trends for Vasavi Lubricants Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vasavi Lubricants, 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 Lubricants'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 Vasavi Lubricants

Recent activity within the organization

  • Annual General Meeting

    Vasavi Lubricants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vasavi Lubricants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 04 Nov 2017 via Charge ID 100146142 with Axis Bank Limited was fully satisfied on 03 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 18 Jan 2021 with Charge ID 100417637 was modified on 26 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100417637 was registered on 18 Jan 2021.

  • Charges

    A charge registered on 23 Jan 2006 via Charge ID 80033398 with State Bank Of India was fully satisfied on 02 Jan 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Vasavi Lubricants Private Limited?

    Vasavi Lubricants Private Limited was incorporated on 10 Sep 1998.

  • What is authorized share capital and paid-up capital of Vasavi Lubricants Private Limited?

    The authorized share capital of Vasavi Lubricants Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Vasavi Lubricants Private Limited?

    Currently 8 directors are associated with Vasavi Lubricants Private Limited.

    • Jagadeesh Gupta Satrasala
    • Devevendrappa Vankadaru
    • Veena Prasad Vankadaru
    • Annam Deeraj Kumar
    • Vasundhara Devi Satrasala
    • Vankadaru Vara Prasad
    • Venkatesh Kumar Annam
    • Arvind Gupta Satrasala
  • What is the registered address of Vasavi Lubricants Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vasavi Lubricants Private Limited is 83/84 2Nd Main K H Ranganatha Colony Jagajeevanram Nagar, India, Bangalore, Karnataka, 560018.

  • What is the corporate identification number (CIN) and company number of Vasavi Lubricants Private Limited?

    The corporate identification number (CIN) of Vasavi Lubricants Private Limited is U23201KA1998PTC024197 and the company number is 024197 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vasavi Lubricants Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vasavi Lubricants Private Limited has risen by 3.36%.

  • How many employees does Vasavi Lubricants Private Limited currently have?

    As Per 2022 financial reports, 24 employees are currently employed by Vasavi Lubricants Private Limited.

  • What are the total open charges for Vasavi Lubricants Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Vasavi Lubricants Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Vasavi Lubricants Private Limited filed with the ROC?

    The most recent Balance Sheet for Vasavi Lubricants Private Limited was filed with the ROC on 31 Mar 2024.

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