Vastupal Bearing Races Limited

Manufacturer of seamless rings, forged and machined components, gears, shafts, and bearings.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 07, 2025

Vastupal Bearing Races Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.77 M
  • Satisfied Charges ₹ 6.38 Cr
  • Revenue Growth -9.75%
  • Profit Growth -4373.79%
  • Ebitda -457.89%
  • Net Worth -90.45%
  • Total Assets -29.71%

About Vastupal Bearing Races

Vastupal Bearing Races Limited (VBRL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 1993 and has a history of 31 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹4.77 M. The company has closed loans amounting to ₹6.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradip Shah, Prakashbhai Shah, Pankaj Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ1993PTC019761

  • Company No.

    019761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Vastupal Bearing Races?

Board Members (5)

Name Designation Appointment Date Status
Pradip Shah Country flag representing In Director 02-Jul-1993 Current
Prakashbhai Shah Country flag representing In Director 01-Apr-1999 Current
Pankaj Shah Country flag representing In Director 01-Oct-1995 Current
Arvindkumar Shah Country flag representing In Director 02-Jul-1993 Current
Naresh Shah Country flag representing In Director 02-Jul-1999 Current

Financial Performance of Vastupal Bearing Races.

Vastupal Bearing Races Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 9.75% decrease. The company also saw a substantial fall in profitability, with a 4373.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 90.45%.

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
-9.75%
Revenue from Operations
-11.60%
Total Assets
-29.71%
Profit or Loss
-4373.79%
Net Worth
-90.45%
EBITDA
-457.89%

What is the Ownership and Shareholding Structure of Vastupal Bearing Races?

In 2019, Vastupal Bearing Races had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.48 Cr

Satisfied Charges

₹6.38 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.44 Cr
  • Sundaram Financial Corporation : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
02 Feb 2021 Others ₹4.37 M Open
03 Jan 2005 Sundaram Financial Corporation ₹0.40 M Open
10 Mar 2005 Union Bank Of India ₹5.98 Cr Satisfied
03 Sep 1994 Union Bank Of India ₹4.00 M Satisfied

How Many Employees Work at Vastupal Bearing Races?

Unlock and access historical data on people associated with Vastupal Bearing Races, 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 Vastupal Bearing Races, 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 Vastupal Bearing Races'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 Vastupal Bearing Races

Recent activity within the organization

  • Annual General Meeting

    Vastupal Bearing Races Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vastupal Bearing Races Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 10 Mar 2005 via Charge ID 90110894 with Union Bank Of India was fully satisfied on 15 Jan 2024.

    15 Jan 2024

  • Charges

    A charge registered on 03 Sep 1994 via Charge ID 90112211 with Union Bank Of India was fully satisfied on 15 Jan 2024.

    15 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100475882 was registered on 02 Feb 2021.

    02 Feb 2021

  • Charges

    A charge with Union Bank Of India of Rs. 5.98 Cr registered on 10 Mar 2005 with Charge ID 90110894 was modified on 17 Apr 2007.

    17 Apr 2007

Frequently asked questions

  • Vastupal Bearing Races Limited was incorporated on 02 Jul 1993.

  • The authorized share capital of Vastupal Bearing Races Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.30 Cr.

  • Currently 5 directors are associated with Vastupal Bearing Races Limited.

    • Pradip Babulal Shah
    • Prakashbhai Babulal Shah
    • Pankaj Babulal Shah
    • Arvindkumar Babulal Shah
    • Naresh Babulal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vastupal Bearing Races Limited is 504 Sarap Navjivan Press Laneashram Road 14 India, Ahmedabad, Gujarat, 380014.

  • The corporate identification number (CIN) of Vastupal Bearing Races Limited is U29120GJ1993PTC019761 and the company number is 019761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vastupal Bearing Races Limited is https://www.vastupal.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vastupal Bearing Races Limited has fallen by -9.75%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vastupal Bearing Races Limited has experienced an downturn of -90.45%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Vastupal Bearing Races Limited amount to ₹ 4.77 M.

  • The most recent Balance Sheet for Vastupal Bearing Races Limited was filed with the ROC on 31 Mar 2024.

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