Vedic Systems Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.01 Cr
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.16 Cr
- Revenue Growth 62.79%
- Profit Growth 646.26%
- Ebitda -91.85%
- Net Worth 24.31%
- Total Assets 37.25%
About Vedic Systems
Vedic Systems Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 2004 and has a history of 20 years and nine months. Its registered office is in Rangareddy, Telangana, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 1.01 Cr.
The company currently has active open charges totaling ₹2.16 Cr.
Srinivasa Sajja, Seetha Sabbineni, and Ravindra Sabbineni serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2004PTC043467
- Company No.
043467
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jun 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
What products or services does Vedic Systems Private Limited offer?
Vedic Systems Private Limited offers a wide range of products and services, including Product Engineering and Prototyping, Product Engineering Service, IT, Networking & Automation Solution, IT Solutions, Software Development & IT Consultant, ERP Solutions, HR & Manpower Recruitment Solutions, IT Recruitment Consultancy, Corporate and Soft Skills Training, Customer Service Training.
Who are the key members and board of directors at Vedic Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasa Sajja  | Director | 23-Nov-2007 | Current |
| Seetha Sabbineni | Director | 10-Nov-2017 | Current |
| Ravindra Sabbineni | Director | 11-Jun-2004 | Current |
Financial Performance of Vedic Systems.
Vedic Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.79% increase. The company also saw a substantial improvement in profitability, with a 646.26% increase in profit. The company's net worth Soared by an impressive increase of 24.31%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Vedic Systems?
Unlock access to Vedic Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Vedic Mobitek Private LimitedSrinivasa Sajja, Seetha Sabbineni and 1 more are mutual person
Srisys Enterprises Private LimitedSrinivasa Sajja, Seetha Sabbineni and 1 more are mutual person
Srisys Technologies Private LimitedSrinivasa Sajja, Seetha Sabbineni and 1 more are mutual person
- Sajja's Technologies Private Limited
Srinivasa Sajja, Seetha Sabbineni and 1 more are mutual person
- Mirific Partners Llp
Srinivasa Sajja is a mutual person
Charges (Loans)
Open Charges
₹2.16 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.11 Cr
- Sundaram Finance Ltd : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2023 | Hdfc Bank Limited | ₹1.72 M | Open |
| 05 Oct 2011 | Hdfc Bank Limited | ₹1.94 Cr | Open |
| 20 Jul 2006 | Sundaram Finance Ltd | ₹0.52 M | Open |
How Many Employees Work at Vedic Systems?
Vedic Systems has a workforce of 27 employees as of Apr 06, 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 Vedic 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 Vedic 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.
Latest Updates, News, and FAQs on Vedic Systems
Recent activity within the organization
- Annual General Meeting
Vedic Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vedic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100733063 was registered on 31 Mar 2023.
- Director Appointment
Seetha Ramaiah Sabbineni was appointed as a Director was appointed as a Director on 10 Nov 2017 & has been associated with this company since 7 years 4 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 1.94 Cr registered on 05 Oct 2011 with Charge ID 10314160 was modified on 30 Nov 2015.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.94 Cr with Charge ID 10314160 was registered on 05 Oct 2011.
Frequently asked questions
What is the Incorporation or founding date of Vedic Systems Private Limited?
Vedic Systems Private Limited was incorporated on 11 Jun 2004.
What is authorized share capital and paid-up capital of Vedic Systems Private Limited?
The authorized share capital of Vedic Systems Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.01 Cr.
Who are the current board members & directors of Vedic Systems Private Limited?
Currently 3 directors are associated with Vedic Systems Private Limited.
- Srinivasa Rao Sajja
- Seetha Ramaiah Sabbineni
- Ravindra Sabbineni
What is the registered address of Vedic Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vedic Systems Private Limited is Srinivasam 4-1-17 Street 11 Snehapuri Colony Nacharam, India, Hyderabad, Telangana, 500076.
What is the corporate identification number (CIN) and company number of Vedic Systems Private Limited?
The corporate identification number (CIN) of Vedic Systems Private Limited is U72200TG2004PTC043467 and the company number is 043467 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vedic Systems Private Limited?
The Official website of Vedic Systems Private Limited is https://www.vedicsys.com
What has been the recent revenue trend for Vedic Systems Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Vedic Systems Private Limited has risen by 62.79%.
How many employees does Vedic Systems Private Limited currently have?
As Per 2022 financial reports, 27 employees are currently employed by Vedic Systems Private Limited.
What change has been observed in the net worth of Vedic Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Vedic Systems Private Limited has experienced an upsurge of 24.31%.
What are the total open charges for Vedic Systems Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Vedic Systems Private Limited amount to ₹ 2.16 Cr.
When was the last Balance Sheet of Vedic Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Vedic Systems Private Limited was filed with the ROC on 31 Mar 2024.