Venve Light Metals Profile
Key Indicators
- Authorised Capital ₹ 1.08 Cr
- Paid Up Capital ₹ 2.86 M
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.41 Cr
- Revenue Growth 45.75%
- Profit Growth -19872.05%
- Ebitda 0.25%
- Net Worth -200.63%
- Total Assets 12.00%
About Venve Light Metals
Venve Light Metals Limited (VLML) is a Public Limited Indian Non-Government Company incorporated in India on 05 April 1995 and has a history of 29 years and ten months. Its registered office is in Rangareddy, Telangana, 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 1.08 Cr and a paid-up capital of Rs 2.86 M.
The company currently has active open charges totaling ₹4.41 Cr.
Nani Gudapati, Venkateswara Chalasani, and Dileep Bondalapati serve as directors at the Company.
Company Details
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Location
Rangareddy, Telangana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27109TG1995PLC019937
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Company No.
019937
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
05 Apr 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Venve Light Metals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nani Gudapati
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Managing Director | 30-Aug-1997 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Venkateswara Chalasani
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Whole-Time Director | 01-May-2005 | Current |
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Dileep Bondalapati
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Whole-Time Director | 13-Feb-2017 | Current |
Financial Performance of Venve Light Metals.
Venve Light Metals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.75% increase. The company also saw a substantial fall in profitability, with a 19872.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 200.63%.
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What is the Ownership and Shareholding Structure of Venve Light Metals?
In 2023, Venve Light Metals had a promoter holding of 91.39% and a public holding of 8.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Naamly India Private LimitedNani Gudapati is a mutual person
Charges (Loans)
₹4.41 Cr
₹0
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 3.65 Cr
- Canara Bank : 0.76 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2021 | Karnataka Bank Ltd. | ₹1.90 Cr | Open |
| 05 Jan 2021 | Karnataka Bank Ltd. | ₹1.75 Cr | Open |
| 22 May 2014 | Canara Bank | ₹0.43 M | Open |
| 02 Sep 1997 | Canara Bank | ₹7.20 M | Open |
How Many Employees Work at Venve Light Metals?
Unlock and access historical data on people associated with Venve Light Metals, 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 Venve Light Metals, 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 Venve Light Metals'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.
