Venson Electric Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.25 Cr
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth 17.71%
- Profit Growth 68.39%
- Ebitda 84.69%
- Net Worth -149.25%
- Total Assets 73.22%
About Venson Electric
Venson Electric Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 February 2000 and has a history of 25 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Energy And Power 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 ₹6.25 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sathyanarayana Manchanahalli, Nagarathana, Aaryaa Manchanahalli, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909KA2000PTC026414
- Company No.
026414
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
What products or services does Venson Electric Private Limited offer?
Venson Electric Private Limited offers a wide range of products and services, including Fuses, Circuit Breakers & Components, Circuit Breakers, Transformers & Transformer Parts, Voltage Transformer, Call Centre & Customer Care Services, Technology Support Services, Breaker Panels, Outdoor VCB Panel, Relay Panels, Vacuum Circuit Breaker.
Who are the key members and board of directors at Venson Electric?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathyanarayana Manchanahalli  | Managing Director | 17-Feb-2000 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anagha Manchanahalli | Director | 17-Feb-2000 | Current |
| Nagarathana | Director | 01-Apr-2005 | Current |
| Aaryaa Manchanahalli | Director | 17-Feb-2000 | Current |
Financial Performance of Venson Electric.
Venson Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.71% increase. The company also saw a substantial improvement in profitability, with a 68.39% increase in profit. The company's net worth observed a substantial decline by a decrease of 149.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Venson Electric?
In 2022, Venson Electric had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Venson Green Solutions Private LimitedSathyanarayana Manchanahalli is a mutual person
- Dhee Automation Private Limited
Sathyanarayana Manchanahalli is a mutual person
Charges (Loans)
Open Charges
₹6.25 Cr
Satisfied Charges
₹1.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 6.00 Cr
- State Bank Of Mysore : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2007 | State Bank Of Mysore | ₹2.50 M | Open |
| 17 May 2003 | State Bank Of India | ₹6.00 Cr | Open |
| 08 Oct 2012 | The National Co-Operative Bank Limited | ₹1.50 Cr | Satisfied |
How Many Employees Work at Venson Electric?
Unlock and access historical data on people associated with Venson Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Venson Electric, 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 Venson Electric'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.
Latest Updates, News, and FAQs on Venson Electric
Recent activity within the organization
- Annual General Meeting
Venson Electric Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Venson Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with State Bank Of India of Rs. 6.00 Cr registered on 17 May 2003 with Charge ID 80026942 was modified on 15 Oct 2022.
- Charges
A charge registered on 08 Oct 2012 via Charge ID 10380870 with The National Co-Operative Bank Limited was fully satisfied on 20 Feb 2017.
- Charges
A charge with The National Co-Operative Bank Limited amounted to Rs. 1.50 Cr with Charge ID 10380870 was registered on 08 Oct 2012.
- Charges
A charge with State Bank Of Mysore amounted to Rs. 0.25 Cr with Charge ID 10094687 was registered on 25 Sep 2007.
Frequently asked questions
What is the Incorporation or founding date of Venson Electric Private Limited?
Venson Electric Private Limited was incorporated on 17 Feb 2000.
What is authorized share capital and paid-up capital of Venson Electric Private Limited?
The authorized share capital of Venson Electric Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Venson Electric Private Limited?
Currently 4 directors are associated with Venson Electric Private Limited.
- Sathyanarayana Venkataramasastry Manchanahalli
- Nagarathana
- Aaryaa Satyanarayana Manchanahalli
- Anagha Sathyanarayana Manchanahalli
What is the registered address of Venson Electric Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Venson Electric Private Limited is No.331 9Th Cross 4Th Phase Peenya Industrial Area, India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Venson Electric Private Limited?
The corporate identification number (CIN) of Venson Electric Private Limited is U31909KA2000PTC026414 and the company number is 026414 as per Ministry of Corporate Affairs (MCA).
What is the official website of Venson Electric Private Limited?
The Official website of Venson Electric Private Limited is https://www.vensonelectric.com
What has been the recent revenue trend for Venson Electric Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Venson Electric Private Limited has risen by 17.71%.
What change has been observed in the net worth of Venson Electric Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Venson Electric Private Limited has experienced an downturn of -149.25%.
What are the total open charges for Venson Electric Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Venson Electric Private Limited amount to ₹ 6.25 Cr.
When was the last Balance Sheet of Venson Electric Private Limited filed with the ROC?
The most recent Balance Sheet for Venson Electric Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Girish RajeshwarManaging Director