Venerated Technology Private Limited

Manufactures medical equipment and furniture, established in 2014.

2014 | Chandigarh (India) | Active
Last Updated: November 16, 2024

Venerated Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.37 M
  • Satisfied Charges ₹ 4.99 M
  • Revenue Growth 51.73%
  • Profit Growth 79.52%
  • Ebitda 48.72%
  • Net Worth 84.55%
  • Total Assets -7.88%

About Venerated Technology

Venerated Technology Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 December 2014 and has a history of Ten years and one month. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Venerated Medical Technology Private Limited. The Company is engaged in the Healthcare 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 0.10 M.

The company currently has active open charges totaling ₹7.37 M. The company has closed loans amounting to ₹4.99 M, as per Ministry of Corporate Affairs (MCA) records.

Preet Singh and Randeep Kapoor serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U33110CH2014PTC035343

  • Company No.

    035343

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Healthcare

What products or services does Venerated Technology Private Limited offer?

Venerated Technology Private Limited offers a wide range of products and services, including Hardware: Hooks & Mounts, Wall Mounts, Hospital and Medical Furniture, Hospital Bed and Mattress, Oxygen Concentrator, Evox Oxygen Concentrator, Laboratory & Lab Equipment, Laboratory Tables, Semi Fowler Beds, Bending Service.

Who are the key members and board of directors at Venerated Technology?

Board Members (2)

Name Designation Appointment Date Status
Randeep Kapoor Country flag representing In Director 22-Aug-2017 Current
Preet Singh Country flag representing In Director 29-Dec-2014 Current

Financial Performance of Venerated Technology.

Venerated Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.73% increase. The company also saw a substantial improvement in profitability, with a 79.52% increase in profit. The company's net worth Soared by an impressive increase of 84.55%.

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
51.73%
Revenue from Operations
51.77%
Total Assets
-7.88%
Profit or Loss
79.52%
Net Worth
84.55%
EBITDA
48.72%

What is the Ownership and Shareholding Structure of Venerated Technology?

In 2023, Venerated Technology 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

₹7.37 M

Satisfied Charges

₹4.99 M

Charges Breakdown by Lending Institutions

  • Others : 0.60 Cr
  • Axis Bank Limited : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2024 Others ₹6.00 M Open
06 Dec 2021 Axis Bank Limited ₹1.37 M Open
19 Aug 2019 Others ₹3.59 M Satisfied
15 Sep 2017 Uco Bank ₹1.40 M Satisfied

How Many Employees Work at Venerated Technology?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venerated Technology, 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 Venerated Technology'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 Venerated Technology

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Venerated Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 6.00 M with Charge ID 100862736 was registered on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge registered on 19 Aug 2019 via Charge ID 100286711 with Others was fully satisfied on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.37 M with Charge ID 100550357 was registered on 06 Dec 2021.

    06 Dec 2021

  • Charges

    A charge with Others of Rs. 3.59 M registered on 19 Aug 2019 with Charge ID 100286711 was modified on 08 Jul 2020.

    08 Jul 2020

Frequently asked questions

  • Venerated Technology Private Limited was incorporated on 29 Dec 2014.

  • The authorized share capital of Venerated Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Venerated Technology Private Limited.

    • Preet Mohan Singh
    • Randeep Singh Kapoor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venerated Technology Private Limited is H.No.-560/2 First Floor Milk Colony, Dhanas India, Chandigarh, 160014.

  • The corporate identification number (CIN) of Venerated Technology Private Limited is U33110CH2014PTC035343 and the company number is 035343 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venerated Technology Private Limited is https://www.veneratedtechnology.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venerated Technology Private Limited has risen by 51.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venerated Technology Private Limited has experienced an upsurge of 84.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venerated Technology Private Limited amount to ₹ 7.37 M.

  • The most recent Balance Sheet for Venerated Technology Private Limited was filed with the ROC on 31 Mar 2024.

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