Vee Vee Bus Services Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 2.77 Cr
- Company Age 13 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.01 Cr
- Satisfied Charges ₹ 7.05 M
- Revenue Growth -6.35%
- Profit Growth 28.71%
- Ebitda 25.31%
- Net Worth 35.50%
- Total Assets 48.90%
About Vee Vee Bus Services
Vee Vee Bus Services Private Limited (VVBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 2011 and has a history of 13 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Transport And Logistics 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 10.00 Cr and a paid-up capital of Rs 2.77 Cr.
The company currently has active open charges totaling ₹37.01 Cr. The company has closed loans amounting to ₹7.05 M, as per Ministry of Corporate Affairs (MCA) records.
Guruvappa Sarojini, Venkatapathy Duraikannan, Duraikannan Raja, and Two other members serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U63090TZ2011PTC017511
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Company No.
017511
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Oct 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Vee Vee Bus Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatapathy Duraikannan
|
Managing Director | 19-Oct-2011 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Guruvappa Sarojini
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Director | 19-Oct-2011 | Current |
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Duraikannan Raja
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Director | 05-Oct-2017 | Current |
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Duraikannan Devika
|
Director | 27-Mar-2019 | Current |
|
Uthra Darshini
|
Director | 27-Mar-2019 | Current |
Financial Performance of Vee Vee Bus Services.
Vee Vee Bus Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.35% decrease. The company also saw a substantial improvement in profitability, with a 28.71% increase in profit. The company's net worth Soared by an impressive increase of 35.5%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Vee Vee Bus Services?
In 2023, Vee Vee Bus Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹37.01 Cr
₹0.70 Cr
Charges Breakdown by Lending Institutions
- Others : 22.60 Cr
- City Union Bank Limited : 5.00 Cr
- Axis Bank Limited : 4.59 Cr
- Hdfc Bank Limited : 1.63 Cr
- State Bank Of India : 0.99 Cr
- Others : 2.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2024 | City Union Bank Limited | ₹5.00 Cr | Open |
| 31 Jul 2024 | Others | ₹1.59 Cr | Open |
| 28 Mar 2024 | Others | ₹5.89 M | Open |
| 31 Jan 2024 | Others | ₹9.09 M | Open |
| 29 Jan 2024 | Others | ₹8.77 M | Open |
How Many Employees Work at Vee Vee Bus Services?
Vee Vee Bus Services has a workforce of 83 employees as of Apr 07, 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 Vee Vee Bus Services, 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 Vee Vee Bus Services'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.