Vestro Solvents Profile
Key Indicators
- Authorised Capital ₹ 9.50 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 23 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 154.05 Cr
- Satisfied Charges ₹ 12.50 Cr
- Revenue Growth 43.44%
- Profit Growth 23.12%
- Ebitda 67.14%
- Net Worth 31.62%
- Total Assets 49.30%
About Vestro Solvents
Vestro Solvents Private Limited (VSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 December 2001 and has a history of 23 years and two months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Chemicals And Materials 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 9.50 Cr and a paid-up capital of Rs 9.50 Cr.
The company currently has active open charges totaling ₹154.05 Cr. The company has closed loans amounting to ₹12.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkata Nandigala, Nandigala Reddy, Venkata Nandigala, and One other member serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24231TG2001PTC038165
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Company No.
038165
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Dec 2001
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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 Hyderabad
Industry
What products or services does Vestro Solvents Private Limited offer?
Vestro Solvents Private Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, API Intermediate, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Vestro Solvents?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nandigala Reddy
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Managing Director | 31-Mar-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Venkata Nandigala
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Director | 09-Nov-2017 | Current |
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Venkata Nandigala
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Whole-Time Director | 31-Mar-2006 | Current |
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Venkata Nandigala
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Director | 09-Nov-2017 | Current |
Financial Performance of Vestro Solvents.
Vestro Solvents Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.44% increase. The company also saw a substantial improvement in profitability, with a 23.12% increase in profit. The company's net worth Soared by an impressive increase of 31.62%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Vestro Solvents?
In 2022, Vestro Solvents had a promoter holding of 100.00%. The company had 1 Subsidiary. 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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Vestro Containers Private LimitedNandigala Reddy and Venkata Nandigala are mutual person
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Snehaa Organics Private LimitedVenkata Nandigala, Venkata Nandigala and 1 more are mutual person
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Vestro Chemical Corporation Private Limited
Nandigala Reddy and Venkata Nandigala are mutual person
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Vedant Agri Foods Private Limited
Venkata Nandigala and Venkata Nandigala are mutual person
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Vestro Labs Private Limited
Venkata Nandigala and Venkata Nandigala are mutual person
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Vedant Petrochem Private Limited
Venkata Nandigala and Venkata Nandigala are mutual person
Charges (Loans)
₹154.05 Cr
₹12.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 141.12 Cr
- Adarsh Co-Operative Bank Ltd : 4.00 Cr
- State Bank Of India : 3.63 Cr
- Axis Bank Limited : 3.18 Cr
- Icici Bank Limited : 1.50 Cr
- Others : 0.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2024 | Hdfc Bank Limited | ₹4.50 M | Open |
| 15 Apr 2024 | Hdfc Bank Limited | ₹5.70 M | Open |
| 04 Oct 2023 | Hdfc Bank Limited | ₹1.09 Cr | Open |
| 26 Jun 2023 | Hdfc Bank Limited | ₹3.95 Cr | Open |
| 16 Feb 2023 | Hdfc Bank Limited | ₹2.07 Cr | Open |
How Many Employees Work at Vestro Solvents?
Vestro Solvents has a workforce of 128 employees as of Apr 03, 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 Vestro Solvents, 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 Vestro Solvents'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.