Versa Gear Products Private Ltd

Manufacturing and trading of machinery and electrical components in Tamil Nadu.

1995 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Versa Gear Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.04 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.95 Cr
  • Satisfied Charges ₹ 2.27 Cr
  • Revenue Growth -34.57%
  • Profit Growth -74.68%
  • Ebitda -3.21%
  • Net Worth 2.15%
  • Total Assets 2.94%

About Versa Gear Products

Versa Gear Products Private Ltd (VGPPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 1995 and has a history of 29 years and three months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 4.04 M.

The company currently has active open charges totaling ₹2.95 Cr. The company has closed loans amounting to ₹2.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Selvaraj Ramamirtham, Shivraj Subbiah, and Rithikasaranya serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007TN1995PTC033664

  • Company No.

    033664

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive
Manufacturing

Who are the key members and board of directors at Versa Gear Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Rithikasaranya Country flag representing In Managing Director18-Jan-2018Current

Board Members (2)

NameDesignationAppointment DateStatus
Selvaraj Ramamirtham Country flag representing In Director 18-Jan-2018Current
Shivraj Subbiah Country flag representing In Director 18-Jan-2018Current

Financial Performance of Versa Gear Products.

Versa Gear Products Private Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.57% decrease. The company also saw a substantial fall in profitability, with a 74.68% decrease in profit. The company's net worth moved up by a moderate rise of 2.15%.

Versa Gear Products revenue growth over time
Versa Gear Products 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
-34.57%
Revenue from Operations
-34.66%
Total Assets
2.94%
Profit or Loss
-74.68%
Net Worth
2.15%
EBITDA
-3.21%

What is the Ownership and Shareholding Structure of Versa Gear Products?

In 2023, Versa Gear Products had a public 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

₹29.50 M

Satisfied Charges

₹22.70 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.95 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2018Indian Bank₹2.95 CrOpen
04 Mar 1999Allahabad Bank₹2.40 MSatisfied
23 May 1997Allahabad Bank₹1.85 CrSatisfied
23 May 1997Allahabad Bank₹1.80 MSatisfied

How Many Employees Work at Versa Gear Products?

Unlock and access historical data on people associated with Versa Gear Products, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Versa Gear Products Private Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Versa Gear Products, 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 Versa Gear Products'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 Versa Gear Products

Recent activity within the organization

  • Annual General Meeting

    Versa Gear Products Private Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Indian Bank of Rs. 29.50 M registered on 05 Feb 2018 with Charge ID 100159248 was modified on 12 Sep 2024.

  • Balance Sheet

    Versa Gear Products Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 04 Mar 1999 via Charge ID 90292715 with Allahabad Bank was fully satisfied on 21 Feb 2018.

  • Charges

    A charge registered on 23 May 1997 via Charge ID 90294486 with Allahabad Bank was fully satisfied on 21 Feb 2018.

  • Charges

    A charge registered on 23 May 1997 via Charge ID 90292477 with Allahabad Bank was fully satisfied on 21 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Versa Gear Products Private Ltd?

    Versa Gear Products Private Ltd was incorporated on 29 Nov 1995.

  • What is authorized share capital and paid-up capital of Versa Gear Products Private Ltd?

    The authorized share capital of Versa Gear Products Private Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.04 M.

  • Who are the current board members & directors of Versa Gear Products Private Ltd?

    Currently 3 directors are associated with Versa Gear Products Private Ltd.

    • Selvaraj Rani Ramamirtham
    • Shivraj Subbiah
    • Rithikasaranya
  • What is the registered address of Versa Gear Products Private Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Versa Gear Products Private Ltd is B-14, Mogappair Industrial Estate (East) India, Ambattur, Tamil Nadu, 600037.

  • What is the corporate identification number (CIN) and company number of Versa Gear Products Private Ltd?

    The corporate identification number (CIN) of Versa Gear Products Private Ltd is U30007TN1995PTC033664 and the company number is 033664 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Versa Gear Products Private Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Versa Gear Products Private Ltd has fallen by -34.57%.

  • What change has been observed in the net worth of Versa Gear Products Private Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Versa Gear Products Private Ltd has experienced an upsurge of 2.15%.

  • What are the total open charges for Versa Gear Products Private Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Versa Gear Products Private Ltd amount to ₹ 2.95 Cr.

  • When was the last Balance Sheet of Versa Gear Products Private Ltd filed with the ROC?

    The most recent Balance Sheet for Versa Gear Products Private Ltd was filed with the ROC on 31 Mar 2024.

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