Vestro Solvents Profile
Key Indicators
- Authorised Capital ₹ 9.50 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 23 Year, 5 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 five 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
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24231TG2001PTC038165
- Company No.
038165
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Dec 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Chemicals and Materials
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.
Vestro Solvents Private Limited
Explore comprehensive data for Vestro Solvents Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vestro Solvents?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nandigala Reddy  | Managing Director | 31-Mar-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkata Nandigala | Director | 09-Nov-2017 | Current |
| Venkata Nandigala | Whole-Time Director | 31-Mar-2006 | Current |
| Venkata Nandigala | 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
- Profit and Loss
- Cash Flow
- Ratios
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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)
Vestro Containers Private LimitedNandigala Reddy and Venkata Nandigala are mutual person
Snehaa Organics Private LimitedVenkata Nandigala, Venkata Nandigala and 1 more are mutual person
- Vestro Chemical Corporation Private Limited
Nandigala Reddy and Venkata Nandigala are mutual person
- Vedant Agri Foods Private Limited
Venkata Nandigala and Venkata Nandigala are mutual person
- Vestro Labs Private Limited
Venkata Nandigala and Venkata Nandigala are mutual person
- Vedant Petrochem Private Limited
Venkata Nandigala and Venkata Nandigala are mutual person
Charges (Loans)
Open Charges
₹154.05 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Vestro Solvents
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 97.41 Cr registered on 16 Mar 2007 with Charge ID 10047213 was modified on 30 Sep 2024.
- Annual General Meeting
Vestro Solvents Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 28 Dec 2022 via Charge ID 100658777 with Others was fully satisfied on 11 Jun 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100949115 was registered on 17 May 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.57 Cr with Charge ID 100937643 was registered on 15 Apr 2024.
- Balance Sheet
Vestro Solvents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Frequently asked questions
What is the Incorporation or founding date of Vestro Solvents Private Limited?
Vestro Solvents Private Limited was incorporated on 06 Dec 2001.
What is authorized share capital and paid-up capital of Vestro Solvents Private Limited?
The authorized share capital of Vestro Solvents Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 9.50 Cr.
Who are the current board members & directors of Vestro Solvents Private Limited?
Currently 4 directors are associated with Vestro Solvents Private Limited.
- Venkata Lakshmi Nandigala
- Nandigala Rama Subba Reddy
- Venkata Sai Harish Nandigala
- Venkata Sai Kiran Nandigala
What is the registered address of Vestro Solvents Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vestro Solvents Private Limited is Plot No.290 291 292 Sy No.170/Part Dhoolapally Adjacent To Ida Jeedimetla, Quthbullapur India, MandalR.R.Dist.Hyd-55.A.P., Telangana, 500055.
What is the corporate identification number (CIN) and company number of Vestro Solvents Private Limited?
The corporate identification number (CIN) of Vestro Solvents Private Limited is U24231TG2001PTC038165 and the company number is 038165 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vestro Solvents Private Limited?
The Official website of Vestro Solvents Private Limited is https://www.vestrosolvents.com
What has been the recent revenue trend for Vestro Solvents Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Vestro Solvents Private Limited has risen by 43.44%.
How many employees does Vestro Solvents Private Limited currently have?
As Per 2022 financial reports, 128 employees are currently employed by Vestro Solvents Private Limited.
What change has been observed in the net worth of Vestro Solvents Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Vestro Solvents Private Limited has experienced an upsurge of 31.62%.
What are the total open charges for Vestro Solvents Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Vestro Solvents Private Limited amount to ₹ 154.05 Cr.
When was the last Balance Sheet of Vestro Solvents Private Limited filed with the ROC?
The most recent Balance Sheet for Vestro Solvents Private Limited was filed with the ROC on 31 Mar 2024.
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