Venkateshwara Fibre Glass (Chennai) Private Limited

Manufacturer of fiberglass products for various industries, including wind energy and chemical sectors.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Venkateshwara Fibre Glass (Chennai) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.52 Cr
  • Satisfied Charges ₹ 17.06 Cr
  • Revenue Growth 39.60%
  • Profit Growth 29.50%
  • Ebitda 23.56%
  • Net Worth 11.45%
  • Total Assets 7.99%

About Venkateshwara Fibre Glass (Chennai)

Venkateshwara Fibre Glass (Chennai) Private Limited (VFGCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2005 and has a history of 19 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 2.00 M.

The company currently has active open charges totaling ₹31.52 Cr. The company has closed loans amounting to ₹17.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suganthi Shrinivas, Shrinivas Sangeetha, Chandirasekaran Venkataraman, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24134TN2005PTC055647

  • Company No.

    055647

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Venkateshwara Fibre Glass (Chennai) Private Limited offer?

Venkateshwara Fibre Glass (Chennai) Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, HVAC System, Process Vessels, Agitated Vessels, Automobile Body Coach Building, Automotive Body Parts, Storage Tanks, Drums & Containers, Chemical Storage Tanks, Pollution Control Devices & Machines, Industrial Scrubber System.

Who are the key members and board of directors at Venkateshwara Fibre Glass (Chennai)?

Executive Team (1)

NameDesignationAppointment DateStatus
Shrinivas Venkataraman Country flag representing In Managing Director14-Mar-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Suganthi Shrinivas Country flag representing In Director 14-Mar-2005Current
Shrinivas Sangeetha Country flag representing In Director 20-Jun-2006Current
Chandirasekaran Venkataraman Country flag representing In Director 14-Mar-2005Current

Financial Performance of Venkateshwara Fibre Glass (Chennai).

Venkateshwara Fibre Glass (Chennai) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.6% increase. The company also saw a substantial improvement in profitability, with a 29.5% increase in profit. The company's net worth Soared by an impressive increase of 11.45%.

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
39.60%
Revenue from Operations
39.24%
Total Assets
7.99%
Profit or Loss
29.50%
Net Worth
11.45%
EBITDA
23.56%

What is the Ownership and Shareholding Structure of Venkateshwara Fibre Glass (Chennai)?

In 2023, Venkateshwara Fibre Glass (Chennai) 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

₹315.15 M

Satisfied Charges

₹170.55 M

Charges Breakdown by Lending Institutions

  • Others : 31.52 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2023Others₹1.26 MOpen
27 Aug 2014Others₹31.39 CrOpen
23 Dec 2013Kotak Mahindra Bank Limited₹6.58 CrSatisfied
02 Dec 2010The Karur Vysya Bank Limited₹2.39 CrSatisfied
16 Jul 2010The Karur Vysya Bank Limited₹6.70 MSatisfied

How Many Employees Work at Venkateshwara Fibre Glass (Chennai)?

Unlock and access historical data on people associated with Venkateshwara Fibre Glass (Chennai), 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 Venkateshwara Fibre Glass (Chennai), 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 Venkateshwara Fibre Glass (Chennai)'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 Venkateshwara Fibre Glass (Chennai)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.26 M with Charge ID 100887387 was registered on 31 Dec 2023.

    31 Dec 2023

  • Annual General Meeting

    Venkateshwara Fibre Glass (Chennai) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Venkateshwara Fibre Glass (Chennai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 313.89 M registered on 27 Aug 2014 with Charge ID 10530487 was modified on 13 Mar 2023.

    13 Mar 2023

  • Charges

    A charge registered on 02 Dec 2010 via Charge ID 10258467 with The Karur Vysya Bank Limited was fully satisfied on 11 Nov 2014.

    11 Nov 2014

  • Charges

    A charge registered on 16 Jul 2010 via Charge ID 10237105 with The Karur Vysya Bank Limited was fully satisfied on 11 Nov 2014.

    11 Nov 2014

Frequently asked questions

  • Venkateshwara Fibre Glass (Chennai) Private Limited was incorporated on 14 Mar 2005.

  • The authorized share capital of Venkateshwara Fibre Glass (Chennai) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Venkateshwara Fibre Glass (Chennai) Private Limited.

    • Suganthi Venkataraman Shrinivas
    • Shrinivas Sangeetha
    • Chandirasekaran Thiruvarur Venkataraman
    • Shrinivas Thiruvarur Venkataraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkateshwara Fibre Glass (Chennai) Private Limited is No.228/69-A Nageshwara Rao Road Extn Vanagaram Road Athipet, Chennai, Tamil Nadu, India, 600058.

  • The corporate identification number (CIN) of Venkateshwara Fibre Glass (Chennai) Private Limited is U24134TN2005PTC055647 and the company number is 055647 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venkateshwara Fibre Glass (Chennai) Private Limited is https://www.venkateshwarafibreglass.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venkateshwara Fibre Glass (Chennai) Private Limited has risen by 39.60%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venkateshwara Fibre Glass (Chennai) Private Limited has experienced an upsurge of 11.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venkateshwara Fibre Glass (Chennai) Private Limited amount to ₹ 31.52 Cr.

  • The most recent Balance Sheet for Venkateshwara Fibre Glass (Chennai) Private Limited was filed with the ROC on 31 Mar 2023.