Venkatesh Commercial Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 17-12-2024
- Paid Up Capital ₹ 2.00 Cr
as on 17-12-2024
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.29 Cr
as on 17-12-2024
- Revenue 13.36%
(FY 2020)
- Profit 34.77%
(FY 2020)
- Ebitda 24.16%
(FY 2020)
- Net Worth 9.93%
(FY 2020)
- Total Assets 12.59%
(FY 2020)
About Venkatesh Commercial Finance
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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹2.29 Cr.
Vyankatesh Balsaniwar, Shivaram Kudpuddi, Padma Balsaniwar, and One other member serve as directors at the Company.
- CIN/LLPIN
U67120MH2008PTC185223
- Company No.
185223
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jul 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Chandrapur, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Venkatesh Commercial Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vyankatesh Balsaniwar  | Managing Director | 30-Jul-2008 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shivaram Kudpuddi | Director | 30-Jul-2008 | Current |
| Padma Balsaniwar | Director | 01-Aug-2010 | Current |
| Prem Balsaniwar | Additional Director | 03-Oct-2024 | Current |
Financial Performance of Venkatesh Commercial Finance.
Venkatesh Commercial Finance Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 13.36% increase. The company also saw a substantial improvement in profitability, with a 34.77% increase in profit. The company's net worth moved up by a moderate rise of 9.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Venkatesh Commercial Finance?
In 2019, Venkatesh Commercial Finance had a promoter holding of 90.45% and a public holding of 9.54%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prem Liquors Private LimitedActive 18 daysVyankatesh Balsaniwar and Prem Balsaniwar are mutual person
- Preeti Hotels Private LimitedActive 15 years 7 months
Vyankatesh Balsaniwar, Padma Balsaniwar and 1 more are mutual person
- Venkatesh Chit Funds (Chandrapur) Private LimitedActive 22 years 7 months
Vyankatesh Balsaniwar, Padma Balsaniwar and 1 more are mutual person
- Venkatesh Estates Private LimitedActive 15 years 6 months
Vyankatesh Balsaniwar, Shivaram Kudpuddi and 2 more are mutual person
- Venkatesh Movies Private LimitedActive 10 years 10 months
Vyankatesh Balsaniwar and Padma Balsaniwar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 27 Nov 2020 | ₹1.87 M | Open |
Others Creation Date: 12 Oct 2018 | ₹6.00 M | Open |
Others Creation Date: 20 Apr 2017 | ₹1.50 Cr | Open |
How Many Employees Work at Venkatesh Commercial Finance?
Venkatesh Commercial Finance has a workforce of 12 employees as of Apr 09, 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 Venkatesh Commercial Finance, 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 Venkatesh Commercial Finance'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.
