Ven Drilling Additives Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 23 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.20 Cr
- Revenue Growth 8.27%
- Profit Growth -14.19%
- Ebitda -17.88%
- Net Worth -4.19%
- Total Assets -4.29%
About Ven Drilling Additives
Ven Drilling Additives Private Limited (VDAPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 November 2001 and has a history of 23 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Ven Drilling Additives Limited. The Company is engaged in the Chemicals And Materials 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company has closed loans amounting to ₹2.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Venkata Rao and Venkata Buddhavarapu serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24111TG2001PTC038119
- Company No.
038119
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Nov 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Chemicals and Materials
Ven Drilling Additives Private Limited
Explore comprehensive data for Ven Drilling Additives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ven Drilling Additives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Buddhavarapu  | Managing Director | 26-Jun-2002 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkata Rao | Whole-Time Director | 26-Nov-2001 | Current |
Financial Performance of Ven Drilling Additives.
Ven Drilling Additives Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.27% increase. The company also saw a substantial fall in profitability, with a 14.19% decrease in profit. The company's net worth dipped by a decrease of 4.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ven Drilling Additives?
In 2019, Ven Drilling Additives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹22.00 M
Charges Breakdown by Lending Institutions
- Icici Bank Limited : 2.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2015 | Icici Bank Limited | ₹2.20 Cr | Satisfied |
How Many Employees Work at Ven Drilling Additives?
Ven Drilling Additives has a workforce of 1 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 Ven Drilling Additives, 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 Ven Drilling Additives'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 Ven Drilling Additives
Recent activity within the organization
- Annual General Meeting
Ven Drilling Additives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Ven Drilling Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 04 Aug 2015 via Charge ID 10593985 with Icici Bank Limited was fully satisfied on 17 Jul 2019.
- Charges
A charge with Icici Bank Limited amounted to Rs. 22.00 M with Charge ID 10593985 was registered on 04 Aug 2015.
- Director Appointment
Venkata Subba Rao Buddhavarapu was appointed as a Managing Director was appointed as a Managing Director on 26 Jun 2002 & has been associated with this company since 22 years 10 months .
- Director Appointment
Venkata Sesha Prabhakar Kuruganti Rao was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Nov 2001 & has been associated with this company since 23 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Ven Drilling Additives Private Limited?
Ven Drilling Additives Private Limited was incorporated on 26 Nov 2001.
What is authorized share capital and paid-up capital of Ven Drilling Additives Private Limited?
The authorized share capital of Ven Drilling Additives Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Ven Drilling Additives Private Limited?
Currently 2 directors are associated with Ven Drilling Additives Private Limited.
- Venkata Sesha Prabhakar Kuruganti Rao
- Venkata Subba Rao Buddhavarapu
What is the registered address of Ven Drilling Additives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ven Drilling Additives Private Limited is 8-2-293/82/Jiii/198 Road No. 76, Jubileehills India, Shaikpet, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Ven Drilling Additives Private Limited?
The corporate identification number (CIN) of Ven Drilling Additives Private Limited is U24111TG2001PTC038119 and the company number is 038119 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ven Drilling Additives Private Limited?
The Official website of Ven Drilling Additives Private Limited is https://www.vendrilling.com
What has been the recent revenue trend for Ven Drilling Additives Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ven Drilling Additives Private Limited has risen by 8.27%.
How many employees does Ven Drilling Additives Private Limited currently have?
As Per 2022 financial reports, 1 employees are currently employed by Ven Drilling Additives Private Limited.
What change has been observed in the net worth of Ven Drilling Additives Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ven Drilling Additives Private Limited has experienced an downturn of -4.19%.
When was the last Balance Sheet of Ven Drilling Additives Private Limited filed with the ROC?
The most recent Balance Sheet for Ven Drilling Additives Private Limited was filed with the ROC on 31 Mar 2024.
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