Vassam Solutions Private Limited

Manufactures wooden furniture since 2008 in Bengaluru, Karnataka.

2008 | Bangalore, Karnataka (India) | Active
Last Updated: February 06, 2025

Vassam Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 Cr
  • Revenue Growth 42.34%
  • Profit Growth 38.99%
  • Ebitda 289.21%
  • Net Worth 32.53%
  • Total Assets 31.43%

About Vassam Solutions

Vassam Solutions Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 October 2008 and has a history of 16 years and three months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as V3 Interiorz Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.20 Cr.

Sampath Srinivasan, Vasu Narayana, Shobha Venkataswamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210KA2008PTC048112

  • Company No.

    048112

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Vassam Solutions Private Limited offer?

Vassam Solutions Private Limited offers a wide range of products and services, including Office Furniture, Pallet Racks, Storage Systems, Modular Office Workstation, Office Workstation Furniture.

Who are the key members and board of directors at Vassam Solutions?

Board Members (4)

Name Designation Appointment Date Status
Sampath Srinivasan Country flag representing In Director 27-Sep-2021 Current
Vasu Narayana Country flag representing In Director 27-Sep-2021 Current
Shobha Venkataswamy Country flag representing In Director 25-Jul-2016 Current
Kanmani Govindraj Country flag representing In Director 25-Jul-2016 Current

Financial Performance of Vassam Solutions.

Vassam Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.34% increase. The company also saw a substantial improvement in profitability, with a 38.99% increase in profit. The company's net worth Soared by an impressive increase of 32.53%.

Graph illustrating revenue growth over time
Graph showing 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
42.34%
Revenue from Operations
42.18%
Total Assets
31.43%
Profit or Loss
38.99%
Net Worth
32.53%
EBITDA
289.21%

What is the Ownership and Shareholding Structure of Vassam Solutions?

Unlock access to Vassam Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.20 Cr

Latest Charge Details

Date Lender Amount Status
17 Nov 2022 State Bank Of India ₹2.20 Cr Open

How Many Employees Work at Vassam Solutions?

Unlock and access historical data on people associated with Vassam Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vassam Solutions, 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 Vassam Solutions'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 Vassam Solutions

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 22.00 M registered on 17 Nov 2022 with Charge ID 100655436 was modified on 17 Nov 2023.

    17 Nov 2023

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

    Vassam Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 22.00 M with Charge ID 100655436 was registered on 17 Nov 2022.

    17 Nov 2022

  • Director Appointment

    Sampath Raghavan Srinivasan was appointed as a Director was appointed as a Director on 27 Sep 2021 & has been associated with this company since 3 years 4 months .

    27 Sep 2021

  • Director Appointment

    Vasu Narayana was appointed as a Director was appointed as a Director on 27 Sep 2021 & has been associated with this company since 3 years 4 months .

    27 Sep 2021

Frequently asked questions

  • Vassam Solutions Private Limited was incorporated on 24 Oct 2008.

  • The authorized share capital of Vassam Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Vassam Solutions Private Limited.

    • Sampath Raghavan Srinivasan
    • Vasu Narayana
    • Shobha Venkataswamy
    • Kanmani Govindraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vassam Solutions Private Limited is Survey No.85/9 Jakkur, Yelahanka Hobli India, Bengaluru, Karnataka, 560064.

  • The corporate identification number (CIN) of Vassam Solutions Private Limited is U74210KA2008PTC048112 and the company number is 048112 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vassam Solutions Private Limited is https://www.vassam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vassam Solutions Private Limited has risen by 42.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vassam Solutions Private Limited has experienced an upsurge of 32.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vassam Solutions Private Limited amount to ₹ 2.20 Cr.

  • The most recent Balance Sheet for Vassam Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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