Vedanta Creations Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.85 M
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.00 Cr
- Satisfied Charges ₹ 17.50 Cr
- Revenue Growth 90.72%
- Profit Growth -55.48%
- Ebitda 8.57%
- Net Worth 1.47%
- Total Assets 17.35%
About Vedanta Creations
Vedanta Creations Limited (VCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 August 2001 and has a history of 23 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Vedanta Creations Private Limited. The Company is engaged in the Home & Lifestyle 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 Cr and a paid-up capital of Rs 2.85 M.
The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹17.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vedant Bang, Deepak Bang, and Brijgopal Bang serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101MH2001PLC133052
- Company No.
133052
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Aug 2001
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Vedanta Creations?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vedant Bang  | Director | 22-Jun-2023 | Current |
| Deepak Bang | Director | 19-Mar-2020 | Current |
| Brijgopal Bang | Director | 14-Aug-2001 | Current |
Financial Performance of Vedanta Creations.
Vedanta Creations Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.72% increase. The company also saw a substantial fall in profitability, with a 55.48% decrease in profit. The company's net worth moved up by a moderate rise of 1.47%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Vedanta Creations?
In 2023, Vedanta Creations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Thomas Scott (India) LimitedVedant Bang and Brijgopal Bang are mutual person
Bang Overseas LimitedBrijgopal Bang is a mutual person
Bang Apparels & Garments LlpBrijgopal Bang is a mutual person
- Artis Fintec Private Limited
Brijgopal Bang is a mutual person
Charges (Loans)
₹6.00 Cr
₹17.50 Cr
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2021 | Others | ₹6.00 Cr | Open |
| 05 Mar 2011 | Bank Of India | ₹10.00 Cr | Satisfied |
| 08 Jan 2008 | The Hongkong And Shanghai Banking Corporation Limited | ₹7.00 Cr | Satisfied |
| 12 May 2005 | The A.P. Mahesh Co-Operative Urban Bank Ltd | ₹5.00 M | Satisfied |
How Many Employees Work at Vedanta Creations?
Vedanta Creations has a workforce of 1 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vedanta Creations, 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 Vedanta Creations's trajectory.
Rating
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
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.
