Vascon Engineers Limited

An EPC company involved in real estate development, hospitality, and manufacturing and BMS systems.

1986 | Pune, Maharashtra (India) | Active
Last Updated:

Vascon Engineers Profile

Key Indicators

  • Authorised Capital ₹ 269.13 Cr
  • Paid Up Capital ₹ 226.29 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 692.45 Cr
  • Satisfied Charges ₹ 1,742.03 Cr
  • Revenue Growth 40.14%
  • Profit Growth 190.82%
  • Ebitda 142.33%
  • Net Worth 15.95%
  • Total Assets 10.24%

About Vascon Engineers

Vascon Engineers Limited (VEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 January 1986 and has a history of 39 years and three months. Its registered office is in Pune, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533156 and on the National Stock Exchange(NSE) under ASCONEQ.

The Corporate was formerly known as Vascon Engineers Private Limited. The Company is engaged in the Real Estate And Construction 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 269.13 Cr and a paid-up capital of Rs 226.29 Cr.

The company currently has active open charges totaling ₹692.45 Cr. The company has closed loans amounting to ₹1,742.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vascon Engineers Limited India are Neelam Pipada as Company Secretary, Santosh Sundararajan as Ceo, and Somnath Biswas as Cfo. Tara Subramaniam, Sankaramahalingam Balasubramanian, Sowmya Iyer, and Three other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L70100PN1986PLC175750

  • Company No.

    175750

  • Stock Symbol

    BSE : 533156 NSE : ASCONEQ

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1986

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Real Estate and Construction
Engineering

What products or services does Vascon Engineers Limited offer?

Vascon Engineers Limited offers a wide range of products and services, including Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Residential Construction Projects, Residential Construction Service.

Company report

Vascon Engineers Limited

Explore comprehensive data for Vascon Engineers Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vascon Engineers?

Executive Team (4)

NameDesignationAppointment DateStatus
Somnath Biswas Country flag representing In CFO01-Sep-2019Current
Santosh Sundararajan Country flag representing In CEO28-Sep-2021Current
Neelam Pipada Company Secretary03-Aug-2024Current
Siddharth Moorthy Country flag representing In Managing Director29-Mar-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Sankaramahalingam Balasubramanian Country flag representing In Director 26-Nov-2021Current
Tara Subramaniam Country flag representing In Director 03-Mar-2023Current
Sowmya Iyer Country flag representing In Director 31-Mar-2015Current
Mukesh Malhotra Country flag representing In Director 17-May-2016Current

Financial Performance of Vascon Engineers.

Vascon Engineers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.14% increase. The company also saw a substantial improvement in profitability, with a 190.82% increase in profit. The company's net worth Soared by an impressive increase of 15.95%.

Vascon Engineers revenue growth over time
Vascon Engineers 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
40.14%
Revenue from Operations
29.51%
Total Assets
10.24%
Profit or Loss
190.82%
Net Worth
15.95%
EBITDA
142.33%

What is the Ownership and Shareholding Structure of Vascon Engineers?

In 2022, Vascon Engineers had a promoter holding of 31.99% and a public holding of 68.02%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹692.45 Cr

Satisfied Charges

₹1,742.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 513.45 Cr
  • Sbicap Trustee Company Limited : 104.00 Cr
  • Karnataka Bank Ltd. : 50.00 Cr
  • Tata Capital Financial Services Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2024Others₹3.30 MOpen
02 Dec 2024Others₹6.85 MOpen
21 Aug 2024Others₹10.00 CrOpen
27 Apr 2024Others₹75.00 CrOpen
18 Mar 2024Others₹80.19 CrOpen

How Many Employees Work at Vascon Engineers?

Vascon Engineers has a workforce of 928 employees as of Mar 31, 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 Vascon Engineers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vascon Engineers, 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 Vascon Engineers'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 Vascon Engineers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.33 Cr with Charge ID 101012883 was registered on 02 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 0.69 Cr with Charge ID 101012915 was registered on 02 Dec 2024.

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 10 Dec 2019 with Charge ID 100312908 was modified on 07 Oct 2024.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 21 Aug 2024 with Charge ID 100972559 was modified on 27 Sep 2024.

  • Charges

    A charge with Others of Rs. 31.60 Cr registered on 17 Aug 2023 with Charge ID 100772350 was modified on 23 Sep 2024.

  • Charges

    A charge with Others of Rs. 80.19 Cr registered on 18 Mar 2024 with Charge ID 100898831 was modified on 21 Sep 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Vascon Engineers Limited?

    Vascon Engineers Limited was incorporated on 01 Jan 1986.

  • What is authorized share capital and paid-up capital of Vascon Engineers Limited?

    The authorized share capital of Vascon Engineers Limited is ₹ 269.13 Cr and paid-up capital is ₹ 226.29 Cr.

  • Who are the current board members & directors of Vascon Engineers Limited?

    Currently 9 directors are associated with Vascon Engineers Limited.

    • Neelam Piyush Pipada
    • Santosh Pursram Sundararajan
    • Somnath Biswas
    • Tara Subramaniam
    • Sankaramahalingam Balasubramanian
    • Sowmya Aditya Iyer
    • Siddharth Vasudevan Moorthy
    • Mukesh Satpal Malhotra
    • Santosh Pursram Sundararajan

  • What is the registered address of Vascon Engineers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vascon Engineers Limited is Vascon Weikfield Chambers Behind Hotel Novatel Opposite Hyatt Hotel Nagar Road, India, Pune, Maharashtra, 411014.

  • What is the corporate identification number (CIN) and company number of Vascon Engineers Limited?

    The corporate identification number (CIN) of Vascon Engineers Limited is L70100PN1986PLC175750 and the company number is 175750 as per Ministry of Corporate Affairs (MCA).

  • Is Vascon Engineers Limited registered with any stock exchange in India?

    Yes, Vascon Engineers Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ASCONEQ.

  • What is the official website of Vascon Engineers Limited?

    The Official website of Vascon Engineers Limited is https://www.vascon.com

  • What has been the recent revenue trend for Vascon Engineers Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Vascon Engineers Limited has risen by 40.14%.

  • How many employees does Vascon Engineers Limited currently have?

    As Per 2022 financial reports, 928 employees are currently employed by Vascon Engineers Limited.

  • What change has been observed in the net worth of Vascon Engineers Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Vascon Engineers Limited has experienced an upsurge of 15.95%.

  • What are the total open charges for Vascon Engineers Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Vascon Engineers Limited amount to ₹ 692.45 Cr.

  • When was the last Balance Sheet of Vascon Engineers Limited filed with the ROC?

    The most recent Balance Sheet for Vascon Engineers Limited was filed with the ROC on 31 Mar 2024.

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