Vem Technologies Private Limited

Designing, developing, and manufacturing defense, aerospace, and home appliance parts with in-house R&D facility.

1993 | Hyderabad, Telangana (India) | Active
Last Updated: November 11, 2024

Vem Technologies Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.47 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 489.64 Cr
  • Satisfied Charges ₹ 283.15 Cr
  • Revenue Growth 1.08%
  • Profit Growth -9.75%
  • Ebitda 7.24%
  • Net Worth 67.88%
  • Total Assets 30.72%

About Vem Technologies

Vem Technologies Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 October 1993 and has a history of 31 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Vem Components Private Limited. The Company is engaged in the Aerospace, Maritime And Defense 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 8.47 Cr.

The company currently has active open charges totaling ₹489.64 Cr. The company has closed loans amounting to ₹283.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkata Vetukuri, Venkata Vetukuri, Venkata Vetukuri, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vemtechnologies.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29300TG1993PTC016474

  • Company No.

    016474

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Aerospace, Maritime and Defense

What products or services does Vem Technologies Private Limited offer?

Vem Technologies Private Limited offers a wide range of products and services, including Optical, Laser Instruments & Devices, Optical Machine, Vacuum Based Machinery, Mechanical Booster Vacuum Systems, Electronic Connectors, RF Connector, Software Development Services.

Who are the key members and board of directors at Vem Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkata Vetukuri Country flag representing In Managing Director30-Sep-1995Current

Board Members (4)

NameDesignationAppointment DateStatus
Venkata Vetukuri Country flag representing In Director 24-Aug-1996Current
Venkata Vetukuri Country flag representing In Director 29-Sep-1997Current
Venkata Vetukuri Country flag representing In Director 29-Sep-1997Current
Marraju Mudundi Country flag representing In Director 24-Aug-1996Current

Financial Performance of Vem Technologies.

Vem Technologies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.08% increase. The company also saw a slight decrease in profitability, with a 9.75% decrease in profit. The company's net worth Soared by an impressive increase of 67.88%.

Graph illustrating revenue growth over time
Graph showing 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
1.08%
Revenue from Operations
0.91%
Total Assets
30.72%
Profit or Loss
-9.75%
Net Worth
67.88%
EBITDA
7.24%

What is the Ownership and Shareholding Structure of Vem Technologies?

In 2023, Vem Technologies had a promoter holding of 77.14% and a public holding of 22.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹489.64 Cr

Satisfied Charges

₹283.15 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 393.35 Cr
  • Axis Bank Limited : 50.23 Cr
  • Others : 36.93 Cr
  • Hdfc Bank Limited : 9.13 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2024Others₹7.67 MOpen
11 Jun 2024Others₹2.12 CrOpen
26 Mar 2024Others₹1.72 CrOpen
17 Feb 2024Others₹5.00 CrOpen
23 Dec 2023Others₹6.50 CrOpen

How Many Employees Work at Vem Technologies?

Vem Technologies has a workforce of 1017 employees as of Nov 11, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vem Technologies, 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 Vem Technologies'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 Vem Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.77 Cr with Charge ID 100979680 was registered on 16 Sep 2024.

    16 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 2.12 Cr with Charge ID 100930525 was registered on 11 Jun 2024.

    11 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 1.72 Cr with Charge ID 100887558 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100868680 was registered on 17 Feb 2024.

    17 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100838967 was registered on 23 Dec 2023.

    23 Dec 2023

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 393.35 Cr registered on 08 Aug 2022 with Charge ID 100603069 was modified on 14 Dec 2023.

    14 Dec 2023

Frequently asked questions

  • Vem Technologies Private Limited was incorporated on 25 Oct 1993.

  • The authorized share capital of Vem Technologies Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.47 Cr.

  • Currently 5 directors are associated with Vem Technologies Private Limited.

    • Venkata Satyanarayana Raju Vetukuri
    • Venkata Sivarama Raju Vetukuri
    • Venkata Ramakrishnam Raju Vetukuri
    • Venkata Raju Vetukuri
    • Marraju Venkata Mudundi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vem Technologies Private Limited is No. 8-48/1 Bachupally Industrial Area Qutbullapur Mandal Via Miyapur, India, Hyderabad, Telangana, 500072.

  • The corporate identification number (CIN) of Vem Technologies Private Limited is U29300TG1993PTC016474 and the company number is 016474 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vem Technologies Private Limited is https://www.vemtechnologies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vem Technologies Private Limited has risen by 1.08%.

  • As Per 2023 financial reports, 1017 employees are currently employed by Vem Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vem Technologies Private Limited has experienced an upsurge of 67.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vem Technologies Private Limited amount to ₹ 489.64 Cr.

  • The most recent Balance Sheet for Vem Technologies Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Defence Tech & Equipment