Vega Springs Private Limited

Manufactures vehicle parts and accessories since 1990, based in Karnataka.

1990 | Dakshina Kannada, Karnataka (India) | Active
Last Updated:

Vega Springs Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.70 K
  • Revenue Growth -19.52%
  • Profit Growth -151.69%
  • Ebitda -416.71%
  • Net Worth -71.35%
  • Total Assets -60.57%

About Vega Springs

Vega Springs Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 1990 and has a history of 34 years and five months. Its registered office is in Dakshina Kannada, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.80 M.

The company currently has active open charges totaling ₹3,700.00.

Vinayakumar Dharmasthala and Mangalore Jeethesh serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299KA1990PTC011428

  • Company No.

    011428

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive
Company report

Vega Springs Private Limited

Explore comprehensive data for Vega Springs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vega Springs?

Executive Team (1)

NameDesignationAppointment DateStatus
Vinayakumar Dharmasthala Country flag representing In Managing Director29-Nov-1990Current

Board Members (1)

NameDesignationAppointment DateStatus
Mangalore Jeethesh Country flag representing In Director 18-Mar-2015Current

Financial Performance of Vega Springs.

Vega Springs Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 19.52% decrease. The company also saw a substantial fall in profitability, with a 151.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.35%.

Vega Springs revenue growth over time
Vega Springs 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
-19.52%
Revenue from Operations
-24.59%
Total Assets
-60.57%
Profit or Loss
-151.69%
Net Worth
-71.35%
EBITDA
-416.71%

What is the Ownership and Shareholding Structure of Vega Springs?

In 2019, Vega Springs had a promoter holding of 38.13% and a public holding of 61.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 1994Canara Bank₹3,700.00Open

How Many Employees Work at Vega Springs?

Unlock and access historical data on people associated with Vega Springs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vega Springs Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vega Springs, 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 Springs'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 Vega Springs

Recent activity within the organization

  • Annual General Meeting

    Vega Springs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vega Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Canara Bank of Rs. 0.00 M registered on 14 Jun 1994 with Charge ID 80017568 was modified on 18 Jun 2019.

  • Director Appointment

    Mangalore Jeethesh was appointed as a Director was appointed as a Director on 18 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Charges

    A charge with Canara Bank amounted to Rs. 0.00 M with Charge ID 80017568 was registered on 14 Jun 1994.

  • Director Appointment

    Vinayakumar Dharmasthala was appointed as a Managing Director was appointed as a Managing Director on 29 Nov 1990 & has been associated with this company since 34 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vega Springs Private Limited?

    Vega Springs Private Limited was incorporated on 29 Nov 1990.

  • What is authorized share capital and paid-up capital of Vega Springs Private Limited?

    The authorized share capital of Vega Springs Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.80 M.

  • Who are the current board members & directors of Vega Springs Private Limited?

    Currently 2 directors are associated with Vega Springs Private Limited.

    • Vinayakumar Dharmasthala
    • Mangalore Jeethesh

  • What is the registered address of Vega Springs Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vega Springs Private Limited is 5-3-65 Veera Kuteera Nehru Avenue Cross Road Ballalbagh India, Mangalore, Karnataka, 575003.

  • What is the corporate identification number (CIN) and company number of Vega Springs Private Limited?

    The corporate identification number (CIN) of Vega Springs Private Limited is U29299KA1990PTC011428 and the company number is 011428 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vega Springs Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Vega Springs Private Limited has fallen by -19.52%.

  • What change has been observed in the net worth of Vega Springs Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Vega Springs Private Limited has experienced an downturn of -71.35%.

  • What are the total open charges for Vega Springs Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Vega Springs Private Limited amount to ₹ 3.70 K .

  • When was the last Balance Sheet of Vega Springs Private Limited filed with the ROC?

    The most recent Balance Sheet for Vega Springs Private Limited was filed with the ROC on 31 Mar 2024.

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