Vec Solar Private Limited

Founded in 2016 and headquartered in Telangana, India.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: January 02, 2025

Vec Solar Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -36.17%
  • Profit Growth 4.53%
  • Ebitda -63.04%
  • Net Worth 27.24%
  • Total Assets -65.69%

About Vec Solar

Vec Solar Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 2016 (Eight years and seven months 18 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Vemireddy Reddy and Kambham Reddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PTC110276

  • Company No.

    110276

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Construction

Who are the key members and board of directors at Vec Solar?

Board Members (2)

Name Designation Appointment Date Status
Vemireddy Reddy Country flag representing In Director 15-Jun-2016 Current
Kambham Reddy Country flag representing In Director 15-Jun-2016 Current

Financial Performance of Vec Solar.

Vec Solar Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 36.17% decrease. The company also saw a slight improvement in profitability, with a 4.53% increase in profit. The company's net worth Soared by an impressive increase of 27.24%.

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
-36.17%
Revenue from Operations
-36.17%
Total Assets
-65.69%
Profit or Loss
4.53%
Net Worth
27.24%
EBITDA
-63.04%

What is the Ownership and Shareholding Structure of Vec Solar?

In 2017, Vec Solar 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vec Solar?

Vec Solar has a workforce of 34 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vec Solar, 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 Vec Solar'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 Vec Solar

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Vec Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Vemireddy Praveen Reddy was appointed as a Director was appointed as a Director on 15 Jun 2016 & has been associated with this company since 8 years 7 months .

    15 Jun 2016

  • Director Appointment

    Kambham Masthan Reddy was appointed as a Director was appointed as a Director on 15 Jun 2016 & has been associated with this company since 8 years 7 months .

    15 Jun 2016

  • Company Incorporation

    Vec Solar Private Limited was registered on 15 Jun 2016 with Roc Hyderabad & aged 8 years 7 months as per MCA records.

    15 Jun 2016

Frequently asked questions

  • Vec Solar Private Limited was incorporated on 15 Jun 2016.

  • The authorized share capital of Vec Solar Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Vec Solar Private Limited.

    • Vemireddy Praveen Reddy
    • Kambham Masthan Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vec Solar Private Limited is H.No 6-59/4 Laxmi Nagar Colony Dammaiguda Keesara Mandal, Nagaram India, Hyderabad, Telangana, 500083.

  • The corporate identification number (CIN) of Vec Solar Private Limited is U74999TG2016PTC110276 and the company number is 110276 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vec Solar Private Limited has fallen by -36.17%.

  • As Per 2020 financial reports, 34 employees are currently employed by Vec Solar Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vec Solar Private Limited has experienced an upsurge of 27.24%.

  • The most recent Balance Sheet for Vec Solar Private Limited was filed with the ROC on 31 Mar 2024.