Evolvente Technologies Private Limited

Manufactures forged components for various industries, established in 1995.

1995 | Pune, Maharashtra (India) | Active
Last Updated: July 26, 2024

Evolvente Technologies Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 0.65 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.03 Cr
  • Satisfied Charges ₹ 3.73 Cr
  • Revenue Growth 19.68%
  • Profit Growth -23.11%
  • Ebitda -26.81%
  • Net Worth 30.35%
  • Total Assets 24.13%

About Evolvente Technologies

Evolvente Technologies Private Limited (ETPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 1995 and has a history of 29 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Vesan Engineering Private Limited. The Company is engaged in the Machinery And Equipment 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 4.50 M and a paid-up capital of Rs 0.65 M.

The company currently has active open charges totaling ₹29.03 Cr. The company has closed loans amounting to ₹3.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shri Kalambkar, Swati Somalwar, Anil Kharwadkar, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vesanforge.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1995PTC089044

  • Company No.

    089044

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1995

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Evolvente Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Shri Kalambkar Country flag representing In Managing Director01-Apr-2011Current

Board Members (3)

NameDesignationAppointment DateStatus
Swati Somalwar Country flag representing In Director 29-Jun-1995Current
Anil Kharwadkar Country flag representing In Director 08-Mar-2017Current
Anil Somalwar Country flag representing In Director 14-Mar-1997Current

Financial Performance of Evolvente Technologies.

Evolvente Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.68% increase. The company also saw a substantial fall in profitability, with a 23.11% decrease in profit. The company's net worth Soared by an impressive increase of 30.35%.

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
19.68%
Revenue from Operations
18.83%
Total Assets
24.13%
Profit or Loss
-23.11%
Net Worth
30.35%
EBITDA
-26.81%

What is the Ownership and Shareholding Structure of Evolvente Technologies?

In 2023, Evolvente 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹290.35 M

Satisfied Charges

₹37.30 M

Charges Breakdown by Lending Institutions

  • Others : 28.92 Cr
  • The Saraswat Co-Operative Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2022Others₹1.50 CrOpen
17 Nov 2022Others₹1.31 CrOpen
26 Apr 2022Others₹2.85 MOpen
14 Oct 2021Others₹4.74 CrOpen
14 Oct 2021Others₹7.60 MOpen

How Many Employees Work at Evolvente Technologies?

Evolvente Technologies has a workforce of 57 employees as of Apr 06, 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 Evolvente 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 Evolvente Technologies'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 Evolvente Technologies

Recent activity within the organization

  • Charges

    A charge registered on 23 Oct 2018 via Charge ID 100222931 with Others was fully satisfied on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge registered on 25 Apr 2016 via Charge ID 100023756 with Others was fully satisfied on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge registered on 23 Jan 2015 via Charge ID 10548473 with The Saraswat Co-Operative Bank Limited was fully satisfied on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge registered on 23 Jan 2015 via Charge ID 10548475 with The Saraswat Co-Operative Bank Limited was fully satisfied on 10 Jul 2024.

    10 Jul 2024

  • Charges

    A charge registered on 23 Jan 2015 via Charge ID 10548476 with The Saraswat Co-Operative Bank Limited was fully satisfied on 10 Jul 2024.

    10 Jul 2024

  • Annual General Meeting

    Evolvente Technologies Private Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.

    31 Aug 2023

Frequently asked questions

  • Evolvente Technologies Private Limited was incorporated on 01 Jun 1995.

  • The authorized share capital of Evolvente Technologies Private Limited is ₹ 4.50 M and paid-up capital is ₹ 0.65 M.

  • Currently 4 directors are associated with Evolvente Technologies Private Limited.

    • Shri Krishna Kamalakar Kalambkar
    • Swati Anil Somalwar
    • Anil Ganpatrao Kharwadkar
    • Anil Vinayak Somalwar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evolvente Technologies Private Limited is Godrej Eternia-C Wing-B 3Rd Floor Wakadewadi Shivajinagar, Pune, Maharashtra, India, 411005.

  • The corporate identification number (CIN) of Evolvente Technologies Private Limited is U28910MH1995PTC089044 and the company number is 089044 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evolvente Technologies Private Limited is https://www.vesanforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Evolvente Technologies Private Limited has risen by 19.68%.

  • As Per 2023 financial reports, 57 employees are currently employed by Evolvente Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Evolvente Technologies Private Limited has experienced an upsurge of 30.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Evolvente Technologies Private Limited amount to ₹ 29.03 Cr.

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