Vbl Innovations Private Limited

Manufactures leather watch straps with high-quality materials and advanced machinery.

1994 | Bangalore, Karnataka (India) | Active
Last Updated: January 17, 2025

Vbl Innovations Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 44.06 Cr
  • Satisfied Charges ₹ 22.19 Cr
  • Revenue Growth 25.18%
  • Profit Growth 452.37%
  • Ebitda 570.38%
  • Net Worth 14.45%
  • Total Assets 3.99%

About Vbl Innovations

Vbl Innovations Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1994 and has a history of 30 years and three months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Vardhan Banda Ltd. The Company is engaged in the Consumer Goods 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 12.00 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹44.06 Cr. The company has closed loans amounting to ₹22.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yashovardhan Saboo, Viswanadh Yamujala, and Harsh Bhuwalka serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vblinnovations.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1994PTC016562

  • Company No.

    016562

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1994

  • Date of AGM

    16 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

Who are the key members and board of directors at Vbl Innovations?

Executive Team (1)

NameDesignationAppointment DateStatus
Harsh Bhuwalka Country flag representing In Managing Director01-Aug-2008Current

Board Members (2)

NameDesignationAppointment DateStatus
Yashovardhan Saboo Country flag representing In Director 16-Nov-1994Current
Viswanadh Yamujala Country flag representing In Director 27-Jul-2005Current

Financial Performance of Vbl Innovations.

Vbl Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.18% increase. The company also saw a substantial improvement in profitability, with a 452.37% increase in profit. The company's net worth Soared by an impressive increase of 14.45%.

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
25.18%
Revenue from Operations
25.55%
Total Assets
3.99%
Profit or Loss
452.37%
Net Worth
14.45%
EBITDA
570.38%

What is the Ownership and Shareholding Structure of Vbl Innovations?

In 2023, Vbl Innovations had a promoter holding of 100.00%. The company had 1 Subsidiary 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

₹44.06 Cr

Satisfied Charges

₹22.19 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.68 Cr
  • Others : 20.38 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2023Hdfc Bank Limited₹3.70 MOpen
02 Sep 2023Hdfc Bank Limited₹22.00 CrOpen
04 Nov 2022Hdfc Bank Limited₹8.58 MOpen
17 Feb 2022Hdfc Bank Limited₹3.50 MOpen
09 Nov 2021Hdfc Bank Limited₹1.01 MOpen

How Many Employees Work at Vbl Innovations?

Vbl Innovations has a workforce of 206 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vbl Innovations, 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 Vbl Innovations'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 Vbl Innovations

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100809140 was registered on 30 Oct 2023.

    30 Oct 2023

  • Annual General Meeting

    Vbl Innovations Private Limited last Annual general meeting of members was held on 16 Sep 2023 as per latest MCA records.

    16 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.00 Cr with Charge ID 100793251 was registered on 02 Sep 2023.

    02 Sep 2023

  • Balance Sheet

    Vbl Innovations 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 Hdfc Bank Limited amounted to Rs. 0.86 Cr with Charge ID 100671354 was registered on 04 Nov 2022.

    04 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100563968 was registered on 17 Feb 2022.

    17 Feb 2022

Frequently asked questions

  • Vbl Innovations Private Limited was incorporated on 16 Nov 1994.

  • The authorized share capital of Vbl Innovations Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 3 directors are associated with Vbl Innovations Private Limited.

    • Yashovardhan Saboo
    • Viswanadh Kasi Yamujala
    • Harsh Vardhan Bhuwalka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vbl Innovations Private Limited is No.81-82 7Th Main Phase Iii Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Vbl Innovations Private Limited is U85110KA1994PTC016562 and the company number is 016562 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vbl Innovations Private Limited is https://www.vblinnovations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vbl Innovations Private Limited has risen by 25.18%.

  • As Per 2023 financial reports, 206 employees are currently employed by Vbl Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vbl Innovations Private Limited has experienced an upsurge of 14.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vbl Innovations Private Limited amount to ₹ 44.06 Cr.

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

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