Venine Machines Pvt Ltd

Manufacturer of general purpose machinery, including fly presses, arbour presses, cut off machines, and slotting machines.

1984 | Jamnagar, Gujarat (India) | Active
Last Updated: October 24, 2024

Venine Machines Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.75 Cr
  • Satisfied Charges ₹ 0.40 M
  • Revenue Growth -5.25%
  • Profit Growth 16374.93%
  • Ebitda 163.26%
  • Net Worth 198.33%
  • Total Assets 13.25%

About Venine Machines

Venine Machines Pvt Ltd (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 August 1984 and has a history of 40 years and five months. Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹7.75 Cr. The company has closed loans amounting to ₹0.40 M, as per Ministry of Corporate Affairs (MCA) records.

Kalpesh Patel and Devendra Patel serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1984PTC007200

  • Company No.

    007200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Venine Machines Pvt Ltd offer?

Venine Machines Pvt Ltd offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Hand Operated Hydraulic Press, Cutting Machines & Equipment, Cutting Machine, Paper Work & Making Machine, Disposable Plate Making Machine.

Who are the key members and board of directors at Venine Machines?

Board Members (2)

Name Designation Appointment Date Status
Kalpesh Patel Country flag representing In Director 05-Jan-2004 Current
Devendra Patel Country flag representing In Director 22-Feb-2010 Current

Financial Performance of Venine Machines.

Venine Machines Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.25% decrease. The company also saw a substantial improvement in profitability, with a 16374.93% increase in profit. The company's net worth Soared by an impressive increase of 198.33%.

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
-5.25%
Revenue from Operations
-5.22%
Total Assets
13.25%
Profit or Loss
16374.93%
Net Worth
198.33%
EBITDA
163.26%

What is the Ownership and Shareholding Structure of Venine Machines?

In 2023, Venine Machines 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

₹77.50 M

Satisfied Charges

₹0.40 M

Charges Breakdown by Lending Institutions

  • Others : 7.75 Cr

Latest Charge Details

Date Lender Amount Status
21 Sep 2005 Others ₹7.75 Cr Open
23 Mar 1987 Punjab National Bank ₹0.40 M Satisfied

How Many Employees Work at Venine Machines?

Unlock and access historical data on people associated with Venine Machines, 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 Venine Machines, 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 Venine Machines'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 Venine Machines

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 77.50 M registered on 21 Sep 2005 with Charge ID 90107183 was modified on 20 Mar 2024.

    20 Mar 2024

  • Annual General Meeting

    Venine Machines Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Venine Machines Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Devendra Ratibhai Patel was appointed as a Director was appointed as a Director on 22 Feb 2010 & has been associated with this company since 14 years 11 months .

    22 Feb 2010

  • Charges

    A charge with Others amounted to Rs. 77.50 M with Charge ID 90107183 was registered on 21 Sep 2005.

    21 Sep 2005

  • Charges

    A charge registered on 23 Mar 1987 via Charge ID 90104409 with Punjab National Bank was fully satisfied on 14 Sep 2005.

    14 Sep 2005

Frequently asked questions

  • Venine Machines Pvt Ltd was incorporated on 29 Aug 1984.

  • The authorized share capital of Venine Machines Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Venine Machines Pvt Ltd.

    • Kalpesh Ratilal Patel
    • Devendra Ratibhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venine Machines Pvt Ltd is 421 / 1 Gidcindustrial Estate Jamnagar India, Gujarat, 361004.

  • The corporate identification number (CIN) of Venine Machines Pvt Ltd is U29259GJ1984PTC007200 and the company number is 007200 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venine Machines Pvt Ltd is https://www.venine.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venine Machines Pvt Ltd has fallen by -5.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venine Machines Pvt Ltd has experienced an upsurge of 198.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venine Machines Pvt Ltd amount to ₹ 7.75 Cr.

  • The most recent Balance Sheet for Venine Machines Pvt Ltd was filed with the ROC on 31 Mar 2023.

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