Venture Finance & Development Corporation Limited.

Provides financial and insurance services since 1996.

1996 | Delhi, Delhi (India) | Active
Last Updated: May 13, 2024

Venture Finance & Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 29.01 Cr
  • Paid Up Capital ₹ 24.96 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -153.71%
  • Profit Growth -499.04%
  • Ebitda -278.09%
  • Net Worth -7.12%
  • Total Assets -5.71%

About Venture Finance & Development Corporation

Venture Finance & Development Corporation Limited. (VFDCL) is a Public Limited Indian Non-Government Company incorporated in India on 26 August 1996 and has a history of 28 years and six months. Its registered office is in Delhi, Delhi, India.

The Corporate was formerly known as Status Infin (India) Private Limited. The Company is engaged in the Finance And Insurance 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 29.01 Cr and a paid-up capital of Rs 24.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Venture Finance & Development Corporation Limited. India are Hari Vadlamani as CFO and Prachi Badkul as Company Secretary. Mantha Ravikanth, Padmaja Vadlamani, Venkata Yarlagadda, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    venturefinance.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65922DL1996PLC249927

  • Company No.

    249927

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Finance and Insurance

Who are the key members and board of directors at Venture Finance & Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Hari Vadlamani Country flag representing In CFO09-Apr-2019Current
Padmaja Vadlamani Country flag representing In Managing Director16-Jun-2017Current
Prachi Badkul Country flag representing In Company Secretary16-Mar-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Mantha Ravikanth Country flag representing Gb Nominee Director 18-Aug-2011Current
Venkata Yarlagadda Country flag representing In Director 19-May-2023Current
Naga Tummala Country flag representing In Director 19-May-2023Current

Financial Performance of Venture Finance & Development Corporation.

Venture Finance & Development Corporation Limited., for the financial year ended 2023, experienced significant reduction in revenue, with a 153.71% decrease. The company also saw a substantial fall in profitability, with a 499.04% decrease in profit. The company's net worth dipped by a decrease of 7.12%.

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
-153.71%
Revenue from Operations
-156.11%
Total Assets
-5.71%
Profit or Loss
-499.04%
Net Worth
-7.12%
EBITDA
-278.09%

What is the Ownership and Shareholding Structure of Venture Finance & Development Corporation?

In 2023, Venture Finance & Development Corporation had a promoter holding of 85.00% and a public holding of 15.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Venture Finance & Development Corporation?

Unlock and access historical data on people associated with Venture Finance & Development Corporation, 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 Venture Finance & Development Corporation, 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 Venture Finance & Development Corporation'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 Venture Finance & Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Venture Finance & Development Corporation Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Venkata Raja Sekhara Babu Yarlagadda was appointed as a Director was appointed as a Director on 19 May 2023 & has been associated with this company since 1 year 9 months .

    19 May 2023

  • Director Appointment

    Naga Prasad Tummala was appointed as a Director was appointed as a Director on 19 May 2023 & has been associated with this company since 1 year 9 months .

    19 May 2023

  • Balance Sheet

    Venture Finance & Development Corporation Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Hari Kiran Vadlamani was appointed as a Cfo was appointed as a Cfo on 09 Apr 2019 & has been associated with this company since 5 years 10 months .

    09 Apr 2019

  • Director Appointment

    Padmaja Vadlamani was appointed as a Managing Director was appointed as a Managing Director on 16 Jun 2017 & has been associated with this company since 7 years 8 months .

    16 Jun 2017

Frequently asked questions

  • Venture Finance & Development Corporation Limited. was incorporated on 26 Aug 1996.

  • The authorized share capital of Venture Finance & Development Corporation Limited. is ₹ 29.01 Cr and paid-up capital is ₹ 24.96 Cr.

  • Currently 6 directors are associated with Venture Finance & Development Corporation Limited..

    • Hari Kiran Vadlamani
    • Mantha Ravikanth
    • Padmaja Vadlamani
    • Venkata Raja Sekhara Babu Yarlagadda
    • Naga Prasad Tummala
    • Prachi Badkul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venture Finance & Development Corporation Limited. is Sf 2&4 Second Floor Rishabh Ipx Mall Patparganj, Delhi, India, 110092.

  • The corporate identification number (CIN) of Venture Finance & Development Corporation Limited. is U65922DL1996PLC249927 and the company number is 249927 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venture Finance & Development Corporation Limited. is https://www.venturefinance.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venture Finance & Development Corporation Limited. has fallen by -153.71%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venture Finance & Development Corporation Limited. has experienced an downturn of -7.12%.

  • The most recent Balance Sheet for Venture Finance & Development Corporation Limited. was filed with the ROC on 31 Mar 2023.

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