Venkatesh Shagun Services Private Limited

Provides road transport services for freight since 2014 in Allahabad, UP.

2014 | Allahabad, Uttar Pradesh (India) | Active
Last Updated: January 05, 2025

Venkatesh Shagun Services Profile

Key Indicators

  • Authorised Capital ₹ 0.80 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.90 M
  • Revenue Growth 2.88%
  • Profit Growth 32.79%
  • Ebitda -29.99%
  • Net Worth 28.46%
  • Total Assets -6.91%

About Venkatesh Shagun Services

Venkatesh Shagun Services Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2014 and has a history of Ten years and eight months. Its registered office is in Allahabad, Uttar Pradesh, India.

The Company is engaged in the Transport And Logistics 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 0.80 M and a paid-up capital of Rs 0.80 M.

The company currently has active open charges totaling ₹4.90 M.

Ashish Vats and Shashank Vats serve as directors at the Company.

Company Details

  • Location

    Allahabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60221UP2014PTC063997

  • Company No.

    063997

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Transport and Logistics

Who are the key members and board of directors at Venkatesh Shagun Services?

Executive Team (1)

Name Designation Appointment Date Status
Shashank Vats Country flag representing In Managing Director 27-May-2014 Current

Board Members (1)

Name Designation Appointment Date Status
Ashish Vats Country flag representing In Director 27-May-2014 Current

Financial Performance of Venkatesh Shagun Services.

Venkatesh Shagun Services Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 2.88% increase. The company also saw a substantial improvement in profitability, with a 32.79% increase in profit. The company's net worth Soared by an impressive increase of 28.46%.

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
2.88%
Revenue from Operations
3.01%
Total Assets
-6.91%
Profit or Loss
32.79%
Net Worth
28.46%
EBITDA
-29.99%

What is the Ownership and Shareholding Structure of Venkatesh Shagun Services?

In 2020, Venkatesh Shagun 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

₹4.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 0.25 Cr
  • Others : 0.24 Cr

Latest Charge Details

Date Lender Amount Status
06 Oct 2016 Others ₹2.40 M Open
01 Jul 2014 Oriental Bank Of Commerce ₹2.50 M Open

How Many Employees Work at Venkatesh Shagun Services?

Unlock and access historical data on people associated with Venkatesh Shagun 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 Venkatesh Shagun 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 Venkatesh Shagun 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 Venkatesh Shagun Services

Recent activity within the organization

  • Annual General Meeting

    Venkatesh Shagun Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Venkatesh Shagun Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.40 M with Charge ID 100075952 was registered on 06 Oct 2016.

    06 Oct 2016

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 2.50 M with Charge ID 10512917 was registered on 01 Jul 2014.

    01 Jul 2014

  • Director Appointment

    Ashish Vats was appointed as a Director was appointed as a Director on 27 May 2014 & has been associated with this company since 10 years 8 months .

    27 May 2014

  • Director Appointment

    Shashank Vats was appointed as a Managing Director was appointed as a Managing Director on 27 May 2014 & has been associated with this company since 10 years 8 months .

    27 May 2014

Frequently asked questions

  • Venkatesh Shagun Services Private Limited was incorporated on 27 May 2014.

  • The authorized share capital of Venkatesh Shagun Services Private Limited is ₹ 0.80 M and paid-up capital is ₹ 0.80 M.

  • Currently 2 directors are associated with Venkatesh Shagun Services Private Limited.

    • Ashish Vats
    • Shashank Vats
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkatesh Shagun Services Private Limited is 506B Mumfordganj India, Allahabad, Uttar Pradesh, 211002.

  • The corporate identification number (CIN) of Venkatesh Shagun Services Private Limited is U60221UP2014PTC063997 and the company number is 063997 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Venkatesh Shagun Services Private Limited has risen by 2.88%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Venkatesh Shagun Services Private Limited has experienced an upsurge of 28.46%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Venkatesh Shagun Services Private Limited amount to ₹ 4.90 M.

  • The most recent Balance Sheet for Venkatesh Shagun Services Private Limited was filed with the ROC on 31 Mar 2023.