Veniceco Financial Services Private Limited

Founded in 1988 and headquartered in Kerala, India.

1988 | Alappuzha, Kerala (India) | Active
Last Updated: January 02, 2025

Veniceco Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 0.25 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.70 M
  • Revenue Growth -18.45%
  • Profit Growth -12793.65%
  • Ebitda -93.05%
  • Net Worth -156.17%
  • Total Assets -41.60%

About Veniceco Financial Services

Veniceco Financial Services Private Limited (VFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 October 1988 and has a history of 36 years and four months. Its registered office is in Alappuzha, Kerala, India.

The Company is engaged in the Financial Services 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 0.25 M and a paid-up capital of Rs 0.25 M.

The company has closed loans amounting to ₹0.70 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Aravind Bhaskaran, Sivakumar Purushan, and Girijadevi Vidhu serve as directors at the Company.

Company Details

  • Location

    Alappuzha, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120KL1988PTC005198

  • Company No.

    005198

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Veniceco Financial Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Aravind Bhaskaran Country flag representing In Managing Director26-Dec-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Sivakumar Purushan Country flag representing In Director 30-Oct-2021Current
Girijadevi Vidhu Director 30-Sep-2024Current

Financial Performance of Veniceco Financial Services.

Veniceco Financial Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 18.45% decrease. The company also saw a substantial fall in profitability, with a 12793.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 156.17%.

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
-18.45%
Revenue from Operations
-18.43%
Total Assets
-41.60%
Profit or Loss
-12793.65%
Net Worth
-156.17%
EBITDA
-93.05%

What is the Ownership and Shareholding Structure of Veniceco Financial Services?

In 2017, Veniceco Financial Services 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

₹0.70 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2010Uco Bank₹0.70 MSatisfied

How Many Employees Work at Veniceco Financial Services?

Unlock and access historical data on people associated with Veniceco Financial Services, 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 Veniceco Financial Services, 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 Veniceco Financial Services'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 Veniceco Financial Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Girijadevi Vidhu was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 27 days .

    30 Sep 2024

  • Balance Sheet

    Veniceco Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Sivakumar Purushan was appointed as a Director was appointed as a Director on 30 Oct 2021 & has been associated with this company since 3 years 3 months .

    30 Oct 2021

  • Charges

    A charge registered on 21 Aug 2010 via Charge ID 10238680 with Uco Bank was fully satisfied on 09 Jun 2020.

    09 Jun 2020

  • Charges

    A charge with Uco Bank of Rs. 0.70 M registered on 21 Aug 2010 with Charge ID 10238680 was modified on 25 Jan 2014.

    25 Jan 2014

Frequently asked questions

  • Veniceco Financial Services Private Limited was incorporated on 14 Oct 1988.

  • The authorized share capital of Veniceco Financial Services Private Limited is ₹ 0.25 M and paid-up capital is ₹ 0.25 M.

  • Currently 3 directors are associated with Veniceco Financial Services Private Limited.

    • Aravind Bhaskaran
    • Sivakumar Purushan
    • Girijadevi Vidhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veniceco Financial Services Private Limited is Xx/2129 2Nd Floorchandra Square Kallan Road India, Alleppey, Kerala, 688011.

  • The corporate identification number (CIN) of Veniceco Financial Services Private Limited is U67120KL1988PTC005198 and the company number is 005198 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Veniceco Financial Services Private Limited has fallen by -18.45%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Veniceco Financial Services Private Limited has experienced an downturn of -156.17%.

  • The most recent Balance Sheet for Veniceco Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

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