Vedavaag Systems Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 22.93 Cr
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 21.00 Cr
- Revenue Growth -4.80%
- Profit Growth -3.71%
- Ebitda 307.07%
- Net Worth 4.74%
- Total Assets 7.07%
About Vedavaag Systems
Vedavaag Systems Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 April 1998 and has a history of 26 years and ten months. Its registered office is in Hyderabad, Telangana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533056.
The Corporate was formerly known as Sark Systems India Limited. The Company is engaged in the Information Technology 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 30.00 Cr and a paid-up capital of Rs 22.93 Cr.
The company has closed loans amounting to ₹21.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vedavaag Systems Limited India are Krishna Tirumalabukkapatnam as CFO and Vamsi Ivaturi as Company Secretary. Murali Krishna, Srinivas Pannala, Pradeep Narsupalli, and Three other members 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
L72200TG1998PLC029240
- Company No.
029240
- Stock Symbol
BSE : 533056
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Apr 1998
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
What products or services does Vedavaag Systems Limited offer?
Vedavaag Systems Limited offers a wide range of products and services, including Project Feasibility Studies, Rural Research Service.
Who are the key members and board of directors at Vedavaag Systems?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Murali Krishna  | Managing Director | 16-Apr-1998 | Current |
| Krishna Tirumalabukkapatnam | CFO | 20-Mar-2021 | Current |
| Vamsi Ivaturi | Company Secretary | 08-Nov-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ananth Jonnavittula | Director | 02-Sep-2021 | Current |
| Srinivas Pannala | Director | 07-Jan-2017 | Current |
| Pradeep Narsupalli | Director | 30-Jun-2020 | Current |
| Sujata Jonnavittula | Director | 31-Mar-2015 | Current |
| Ramesh Duggi | Director | 23-Aug-2020 | Current |
Financial Performance of Vedavaag Systems.
Vedavaag Systems Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.8% decrease. The company also saw a slight decrease in profitability, with a 3.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vedavaag Systems?
In 2022, Vedavaag Systems had a promoter holding of 35.98% and a public holding of 64.02%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vxo Digital Private LimitedSrinivas Pannala is a mutual person
Vsl Datasystems Private LimitedSrinivas Pannala and Ramesh Duggi are mutual person
Vedavaag Kiya Ecommerce Private LimitedMurali Krishna is a mutual person
- Vedavaag Edutech Private Limited
Murali Krishna is a mutual person
I Power Solutions India LimitedSujata Jonnavittula is a mutual person
Vedavaag Financial Services Private LimitedMurali Krishna and Sujata Jonnavittula are mutual person
Charges (Loans)
₹0
₹21.00 Cr
Charges Breakdown by Lending Institutions
- Il&Fs Financial Services Limited : 12.00 Cr
- Others : 4.25 Cr
- Uco Bank : 1.95 Cr
- State Bank Of Mysore : 1.07 Cr
- State Bank Of Hyderabad : 0.65 Cr
- Others : 1.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2018 | Others | ₹4.25 Cr | Satisfied |
| 06 Jul 2012 | State Bank Of Mysore | ₹1.07 Cr | Satisfied |
| 28 Mar 2009 | Uco Bank | ₹1.20 Cr | Satisfied |
| 29 Feb 2008 | Il&Fs Financial Services Limited | ₹12.00 Cr | Satisfied |
| 16 Aug 2006 | State Bank Of Patiala | ₹3.40 M | Satisfied |
How Many Employees Work at Vedavaag Systems?
Vedavaag Systems has a workforce of 116 employees as of Apr 02, 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 Vedavaag Systems, 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 Vedavaag Systems'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.
