Vega Power Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 M
- Revenue Growth 271.89%
- Profit Growth 506.89%
- Ebitda 3093.98%
- Net Worth 356.31%
- Total Assets 297.18%
About Vega Power
Vega Power Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2008 and has a history of 16 years and nine months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹5.00 M.
Bhavin Lapsiwala, Mona Shah, Janak Shah, and One other member serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U46900GJ2008PTC053875
- Company No.
053875
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 May 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
Consumer Electronics & Durables
Who are the key members and board of directors at Vega Power?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavin Lapsiwala  | Director | 17-Jun-2013 | Current |
| Mona Shah | Director | 14-May-2008 | Current |
| Janak Shah | Director | 14-May-2008 | Current |
| Minaxiben Lapsiwala | Director | 14-May-2008 | Current |
Financial Performance of Vega Power.
Vega Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 271.89% increase. The company also saw a substantial improvement in profitability, with a 506.89% increase in profit. The company's net worth Soared by an impressive increase of 356.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vega Power?
In 2023, Vega Power 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)
- Vegapower Celltech Solution Llp
Bhavin Lapsiwala and Janak Shah are mutual person
Charges (Loans)
Open Charges
₹5.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2020 | Others | ₹5.00 M | Open |
How Many Employees Work at Vega Power?
Unlock and access historical data on people associated with Vega Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vega Power, 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 Vega Power'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.
