Venuka Polymers Private Limited

Manufacturer and distributor of irrigation equipment, pipes, pumps, and controlled agriculture systems.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 13, 2024

Venuka Polymers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.36 Cr
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 69.11 Cr
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 124399.75%
  • Profit Growth -653.60%
  • Ebitda 3194.81%
  • Net Worth -43.53%
  • Total Assets 53.15%

About Venuka Polymers

Venuka Polymers Private Limited (VPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 December 2019 (Five years and one month 13 days old ). Its registered office is in Ahmedabad, Gujarat, 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 7.50 Cr and a paid-up capital of Rs 7.36 Cr.

The company currently has active open charges totaling ₹69.11 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Sagar, Harshal Anjaria, Rajesh Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2019PTC111511

  • Company No.

    111511

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2019

  • Date of AGM

    29 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Venuka Polymers?

Board Members (4)

Name Designation Appointment Date Status
Prashant Sagar Country flag representing In Director 19-Dec-2019 Current
Harshal Anjaria Country flag representing In Director 19-Dec-2019 Current
Rajesh Singh Country flag representing In Whole-Time Director 22-Dec-2023 Current
Uttamchand Mehta Country flag representing In Director 10-Oct-2020 Current

Financial Performance of Venuka Polymers.

Venuka Polymers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 124399.75% increase. The company also saw a substantial fall in profitability, with a 653.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.53%.

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
124399.75%
Revenue from Operations
Total Assets
53.15%
Profit or Loss
-653.60%
Net Worth
-43.53%
EBITDA
3194.81%

What is the Ownership and Shareholding Structure of Venuka Polymers?

In 2022, Venuka Polymers 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

₹69.11 Cr

Satisfied Charges

₹7.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr
  • Hdfc Bank Limited : 25.00 Cr
  • Axis Bank Limited : 14.11 Cr

Latest Charge Details

Date Lender Amount Status
05 Sep 2024 Others ₹10.00 Cr Open
08 Jun 2023 Hdfc Bank Limited ₹25.00 Cr Open
08 Sep 2022 Others ₹20.00 Cr Open
23 Feb 2021 Axis Bank Limited ₹14.11 Cr Open
08 Sep 2022 Others ₹7.00 Cr Satisfied

How Many Employees Work at Venuka Polymers?

Venuka Polymers has a workforce of 24 employees as of Mar 31, 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 Venuka Polymers, 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 Venuka Polymers'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 Venuka Polymers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100990092 was registered on 05 Sep 2024.

    05 Sep 2024

  • Director Appointment

    Rajesh Singh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Dec 2023 & has been associated with this company since 1 year 1 month .

    22 Dec 2023

  • Annual General Meeting

    Venuka Polymers Private Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.

    29 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100734875 was registered on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Venuka Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 08 Sep 2022 via Charge ID 100641786 with Others was fully satisfied on 22 Feb 2023.

    22 Feb 2023

Frequently asked questions

  • Venuka Polymers Private Limited was incorporated on 19 Dec 2019.

  • The authorized share capital of Venuka Polymers Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.36 Cr.

  • Currently 4 directors are associated with Venuka Polymers Private Limited.

    • Prashant Sagar
    • Harshal Vibhakar Anjaria
    • Rajesh Singh
    • Uttamchand Chandanmal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venuka Polymers Private Limited is 3Rd Floor Kailash -A 6-7 Sumangalam C.H.S.L. Drive Road, Bodakdev India, Ahmadabad City, Gujarat, 380054.

  • The corporate identification number (CIN) of Venuka Polymers Private Limited is U25209GJ2019PTC111511 and the company number is 111511 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venuka Polymers Private Limited is https://www.venukapolymers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Venuka Polymers Private Limited has risen by 124399.75%.

  • As Per 2022 financial reports, 24 employees are currently employed by Venuka Polymers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Venuka Polymers Private Limited has experienced an downturn of -43.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Venuka Polymers Private Limited amount to ₹ 69.11 Cr.

  • The most recent Balance Sheet for Venuka Polymers Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Pipe & Tubes