Venkatesh Commercial Finance Private Limited

Provides financial services as a Non-Banking Finance Company (NBFC).

2008 | Chandrapur, Maharashtra (India) | Active
Last Updated: December 17, 2024

Venkatesh Commercial Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.29 Cr
  • Revenue Growth 13.36%
  • Profit Growth 34.77%
  • Ebitda 24.16%
  • Net Worth 9.93%
  • Total Assets 12.59%

About Venkatesh Commercial Finance

Venkatesh Commercial Finance Private Limited (VCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 July 2008 and has a history of 16 years and six months. Its registered office is in Chandrapur, Maharashtra, 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 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.

Company Details

  • Location

    Chandrapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • 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

Financial Services

Who are the key members and board of directors at Venkatesh Commercial Finance?

Executive Team (1)

NameDesignationAppointment DateStatus
Vyankatesh Balsaniwar Country flag representing In Managing Director30-Jul-2008Current

Board Members (3)

NameDesignationAppointment DateStatus
Shivaram Kudpuddi Country flag representing In Director 30-Jul-2008Current
Padma Balsaniwar Country flag representing In Director 01-Aug-2010Current
Prem Balsaniwar Additional Director 03-Oct-2024Current

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%.

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
13.36%
Revenue from Operations
12.88%
Total Assets
12.59%
Profit or Loss
34.77%
Net Worth
9.93%
EBITDA
24.16%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.29 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.10 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2020Hdfc Bank Limited₹1.87 MOpen
12 Oct 2018Others₹6.00 MOpen
20 Apr 2017Others₹1.50 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Venkatesh Commercial Finance

Recent activity within the organization

  • Director Appointment

    Prem Venkatesh Balsaniwar was appointed as a Additional Director was appointed as a Additional Director on 03 Oct 2024 & has been associated with this company since 4 months 23 days .

    03 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Venkatesh Commercial Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100393678 was registered on 27 Nov 2020.

    27 Nov 2020

  • Charges

    A charge with Others of Rs. 1.50 Cr registered on 20 Apr 2017 with Charge ID 100130116 was modified on 18 Nov 2018.

    18 Nov 2018

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100217124 was registered on 12 Oct 2018.

    12 Oct 2018

Frequently asked questions

  • Venkatesh Commercial Finance Private Limited was incorporated on 30 Jul 2008.

  • The authorized share capital of Venkatesh Commercial Finance Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 4 directors are associated with Venkatesh Commercial Finance Private Limited.

    • Vyankatesh Agayya Balsaniwar
    • Shivaram Dixitalu Kudpuddi
    • Padma Venkatesh Balsaniwar
    • Prem Venkatesh Balsaniwar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkatesh Commercial Finance Private Limited is Ward No. 6 At Post - Tq Korpana, Distt Chandrapur India, Gadchandur, Maharashtra, 442908.

  • The corporate identification number (CIN) of Venkatesh Commercial Finance Private Limited is U67120MH2008PTC185223 and the company number is 185223 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Venkatesh Commercial Finance Private Limited has risen by 13.36%.

  • As Per 2020 financial reports, 12 employees are currently employed by Venkatesh Commercial Finance Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Venkatesh Commercial Finance Private Limited has experienced an upsurge of 9.93%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Venkatesh Commercial Finance Private Limited amount to ₹ 2.29 Cr.

  • The most recent Balance Sheet for Venkatesh Commercial Finance Private Limited was filed with the ROC on 31 Mar 2024.