Verensol Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 33 Year, 16 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.60 Cr
- Satisfied Charges ₹ 9.90 M
- Revenue Growth -26.95%
- Profit Growth -65.46%
- Ebitda -54.20%
- Net Worth 5.30%
- Total Assets -36.46%
About Verensol Technologies
Verensol Technologies Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 January 1992 and has a history of 33 years. Its registered office is in Pune, Maharashtra.
The Corporate was formerly known as Poona Bearing Industries Pvt Ltd. The Company is engaged in the Aerospace, Maritime And Defense 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 1.00 Cr.
The company currently has active open charges totaling ₹3.60 Cr. The company has closed loans amounting to ₹9.90 M, as per Ministry of Corporate Affairs (MCA) records.
Gaurav Sharma, Rajkumar Sharma, and Manju Sharma serve as directors at the Company.
Company Details
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LocationPune, Maharashtra
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28939MH1992PTC065022
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Company No.
065022
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Jan 1992
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does Verensol Technologies Private Limited offer?
Verensol Technologies Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Hydraulic Components, Telescopic Mast, Ball Bearing Assemblies & Components, Bearing Parts, DJ Equipment, Dj Turntable, Modular Office Workstation, Office Workstation Furniture.
Who are the key members and board of directors at Verensol Technologies?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Sharma
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Director | 23-Jan-1992 | Current |
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Rajkumar Sharma
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Director | 23-Jan-1992 | Current |
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Manju Sharma
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Director | 23-Jan-1992 | Current |
Financial Performance of Verensol Technologies.
Verensol Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.95% decrease. The company also saw a substantial fall in profitability, with a 65.46% decrease in profit. The company's net worth moved up by a moderate rise of 5.3%.
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What is the Ownership and Shareholding Structure of Verensol Technologies?
In 2023, Verensol Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹3.60 Cr
₹0.99 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 3.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2020 | Canara Bank | ₹6.00 M | Open |
| 21 May 2009 | Canara Bank | ₹3.00 Cr | Open |
| 21 May 2001 | Rupee Co-Op Bank Ltd | ₹4.00 M | Satisfied |
| 09 Jun 2000 | Rupee Co-Op Bank Ltd | ₹4.00 M | Satisfied |
| 28 Aug 1997 | Rupee Co-Op Bank Ltd | ₹1.90 M | Satisfied |
How Many Employees Work at Verensol Technologies?
Verensol Technologies has a workforce of 12 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Verensol Technologies, 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 Verensol Technologies'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.