Ven Drilling Additives Private Limited

Produces chemicals for oil well and other industries.

2001 | Hyderabad, Telangana (India) | Active
Last Updated: December 20, 2024

Ven Drilling Additives Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 23 Year, 2 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 two 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
  • 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

Who are the key members and board of directors at Ven Drilling Additives?

Executive Team (1)

Name Designation Appointment Date Status
Venkata Buddhavarapu Country flag representing In Managing Director 26-Jun-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Venkata Rao Country flag representing In 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%.

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
8.27%
Revenue from Operations
Total Assets
-4.29%
Profit or Loss
-14.19%
Net Worth
-4.19%
EBITDA
-17.88%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Ven Drilling Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 04 Aug 2015 via Charge ID 10593985 with Icici Bank Limited was fully satisfied on 17 Jul 2019.

    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.

    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 7 months .

    26 Jun 2002

  • 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 2 months .

    26 Nov 2001

Frequently asked questions

  • Ven Drilling Additives Private Limited was incorporated on 26 Nov 2001.

  • The authorized share capital of Ven Drilling Additives Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Ven Drilling Additives Private Limited.

    • Venkata Sesha Prabhakar Kuruganti Rao
    • Venkata Subba Rao Buddhavarapu
  • 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.

  • 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).

  • The Official website of Ven Drilling Additives Private Limited is https://www.vendrilling.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ven Drilling Additives Private Limited has risen by 8.27%.

  • As Per 2022 financial reports, 1 employees are currently employed by Ven Drilling Additives Private Limited.

  • 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%.

  • The most recent Balance Sheet for Ven Drilling Additives Private Limited was filed with the ROC on 31 Mar 2024.

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