Versatile Card Technology Private Limited

Leading plastic card manufacturer for major banks and telecom companies worldwide since 1998.

1998 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

Versatile Card Technology Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.73 Cr
  • Company Age 27 Year, 26 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.84 Cr
  • Satisfied Charges ₹ 42.69 Cr
  • Revenue Growth 48.74%
  • Profit Growth 150.82%
  • Ebitda 93.04%
  • Net Worth 24.23%
  • Total Assets 3.55%

About Versatile Card Technology

Versatile Card Technology Private Limited (VCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 1998 and has a history of 27 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Versatile Cards Private Limited. 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 20.00 Cr and a paid-up capital of Rs 15.73 Cr.

The company currently has active open charges totaling ₹48.84 Cr. The company has closed loans amounting to ₹42.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Versatile Card Technology Private Limited India is Rathnasabapathy Shanmugam as COMPANY SECRETARY. Gopalsamy Rajagopal, Pethinaidu Sarguru, and Ramasamy Renugadevi serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U30006TN1998PTC039730

  • Company No.

    039730

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Versatile Card Technology Private Limited offer?

Versatile Card Technology Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Smart Cards, Banks and Banking Services, Banking Service, Corporate Gifts, Gift Cards, Paper Card, Plastic Cards, Membership Card, PVC Card.

Who are the key members and board of directors at Versatile Card Technology?

Executive Team (1)

NameDesignationAppointment DateStatus
Rathnasabapathy Shanmugam Company Secretary01-Jun-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Gopalsamy Rajagopal Country flag representing In Director 14-Jun-2012Current
Pethinaidu Sarguru Country flag representing In Director 03-Aug-2023Current
Ramasamy Renugadevi Country flag representing In Director 01-Jul-2011Current

Financial Performance of Versatile Card Technology.

Versatile Card Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.74% increase. The company also saw a substantial improvement in profitability, with a 150.82% increase in profit. The company's net worth Soared by an impressive increase of 24.23%.

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
48.74%
Revenue from Operations
50.10%
Total Assets
3.55%
Profit or Loss
150.82%
Net Worth
24.23%
EBITDA
93.04%

What is the Ownership and Shareholding Structure of Versatile Card Technology?

In 2023, Versatile Card Technology had a promoter holding of 76.00% and a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.84 Cr

Satisfied Charges

₹42.69 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 42.69 Cr
  • Housing Development Finance Corporation Limited : 6.00 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2024Tamilnad Mercantile Bank Limited₹3.84 CrOpen
28 Apr 2022Hdfc Bank Limited₹1.49 MOpen
18 Feb 2021Tamilnad Mercantile Bank Limited₹2.92 MOpen
07 Oct 2020Tamilnad Mercantile Bank Limited₹5.85 MOpen
07 Sep 2020Tamilnad Mercantile Bank Limited₹2.30 CrOpen

How Many Employees Work at Versatile Card Technology?

Versatile Card Technology has a workforce of 162 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Versatile Card Technology, 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 Versatile Card Technology'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 Versatile Card Technology

Recent activity within the organization

  • Charges

    A charge registered on 10 Apr 2021 via Charge ID 100440716 with Tamilnad Mercantile Bank Limited was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge registered on 27 Nov 2020 via Charge ID 100395552 with Tamilnad Mercantile Bank Limited was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge registered on 23 Nov 2020 via Charge ID 100396702 with Tamilnad Mercantile Bank Limited was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge registered on 10 Nov 2020 via Charge ID 100395554 with Tamilnad Mercantile Bank Limited was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge registered on 01 Sep 2020 via Charge ID 100370731 with Tamilnad Mercantile Bank Limited was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge registered on 13 Feb 2020 via Charge ID 100334044 with Tamilnad Mercantile Bank Limited was fully satisfied on 30 Mar 2024.

    30 Mar 2024

Frequently asked questions

  • Versatile Card Technology Private Limited was incorporated on 05 Jan 1998.

  • The authorized share capital of Versatile Card Technology Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.73 Cr.

  • Currently 4 directors are associated with Versatile Card Technology Private Limited.

    • Rathnasabapathy Somasundaram Shanmugam
    • Gopalsamy Rajagopal
    • Pethinaidu Sarguru
    • Ramasamy Naicker Renugadevi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Versatile Card Technology Private Limited is Ac 21 4Th Main Road Sidco Industrial Estate Thirumudivalkam, Chennai, Tamil Nadu, India, 600004.

  • The corporate identification number (CIN) of Versatile Card Technology Private Limited is U30006TN1998PTC039730 and the company number is 039730 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Versatile Card Technology Private Limited is https://www.vct.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Versatile Card Technology Private Limited has risen by 48.74%.

  • As Per 2023 financial reports, 162 employees are currently employed by Versatile Card Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Versatile Card Technology Private Limited has experienced an upsurge of 24.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Versatile Card Technology Private Limited amount to ₹ 48.84 Cr.

  • The most recent Balance Sheet for Versatile Card Technology Private Limited was filed with the ROC on 31 Mar 2023.

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