Vedanta Creations Limited

This company trades premium cotton fabric and other textile goods.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated:

Vedanta Creations Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.85 M
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 seven 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 2024. 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.

Brijgopal Bang, Deepak Bang, and Vedant 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle
Company report

Vedanta Creations Limited

Explore comprehensive data for Vedanta Creations Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vedanta Creations?

Board Members (3)

NameDesignationAppointment DateStatus
Brijgopal Bang Country flag representing In Director 14-Aug-2001Current
Deepak Bang Country flag representing In Director 19-Mar-2020Current
Vedant Bang Country flag representing In Director 22-Jun-2023Current

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%.

Vedanta Creations revenue growth over time
Vedanta Creations 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
90.72%
Revenue from Operations
90.72%
Total Assets
17.35%
Profit or Loss
-55.48%
Net Worth
1.47%
EBITDA
8.57%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 Cr

Satisfied Charges

₹17.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2021Others₹6.00 CrOpen
05 Mar 2011Bank Of India₹10.00 CrSatisfied
08 Jan 2008The Hongkong And Shanghai Banking Corporation Limited₹7.00 CrSatisfied
12 May 2005The A.P. Mahesh Co-Operative Urban Bank Ltd₹5.00 MSatisfied

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.

Employee growth trends for Vedanta Creations Limited

Deals i

Graph showing company valuation over time

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

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 Vedanta Creations

Recent activity within the organization

  • Annual General Meeting

    Vedanta Creations Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vedanta Creations Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Vedant Bang was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge with Others of Rs. 6.00 Cr registered on 30 Jan 2021 with Charge ID 100413986 was modified on 30 Apr 2021.

  • Charges

    A charge registered on 05 Mar 2011 via Charge ID 10275960 with Bank Of India was fully satisfied on 07 Apr 2021.

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100413986 was registered on 30 Jan 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Vedanta Creations Limited?

    Vedanta Creations Limited was incorporated on 14 Aug 2001.

  • What is authorized share capital and paid-up capital of Vedanta Creations Limited?

    The authorized share capital of Vedanta Creations Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.85 M.

  • Who are the current board members & directors of Vedanta Creations Limited?

    Currently 3 directors are associated with Vedanta Creations Limited.

    • Brijgopal Balaram Bang
    • Deepak Nathmal Bang
    • Vedant Bang

  • What is the registered address of Vedanta Creations Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vedanta Creations Limited is 50 Keval Industrial Estatesenapati Bapat Marg Lower Parel India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Vedanta Creations Limited?

    The corporate identification number (CIN) of Vedanta Creations Limited is U18101MH2001PLC133052 and the company number is 133052 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vedanta Creations Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vedanta Creations Limited has risen by 90.72%.

  • How many employees does Vedanta Creations Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Vedanta Creations Limited.

  • What change has been observed in the net worth of Vedanta Creations Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vedanta Creations Limited has experienced an upsurge of 1.47%.

  • What are the total open charges for Vedanta Creations Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vedanta Creations Limited amount to ₹ 6.00 Cr.

  • When was the last Balance Sheet of Vedanta Creations Limited filed with the ROC?

    The most recent Balance Sheet for Vedanta Creations Limited was filed with the ROC on 31 Mar 2024.

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