Vg It Solutions Private Limited

Provides engineering and IT services, including outsourcing, software development, and prototype testing.

2007 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Vg It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Revenue Growth -21.84%
  • Profit Growth -69.52%
  • Ebitda -83.48%
  • Net Worth 9.72%
  • Total Assets -7.22%

About Vg It Solutions

Vg It Solutions Private Limited (VISPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 June 2007 and has a history of 17 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 2.50 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹1.00 M.

Bhaskar Palanichamy, Ganapati Samba, Shreedhar Sannabhadti, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2007PTC063848

  • Company No.

    063848

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

What products or services does Vg It Solutions Private Limited offer?

Vg It Solutions Private Limited offers a wide range of products and services, including IT Solutions, Enterprise IT Service, Software Development Services, Customized Software Solution.

Who are the key members and board of directors at Vg It Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
Kumar Nadar Country flag representing Us Director 10-Aug-2007Current
Bhaskar Palanichamy Country flag representing In Director 07-Jun-2007Current
Ganapati Samba Country flag representing In Director 15-Jan-2010Current
Shreedhar Sannabhadti Country flag representing Us Director 10-Aug-2007Current

Financial Performance of Vg It Solutions.

Vg It Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.84% decrease. The company also saw a substantial fall in profitability, with a 69.52% decrease in profit. The company's net worth moved up by a moderate rise of 9.72%.

Vg It Solutions revenue growth over time
Vg It Solutions 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
-21.84%
Revenue from Operations
-22.35%
Total Assets
-7.22%
Profit or Loss
-69.52%
Net Worth
9.72%
EBITDA
-83.48%

What is the Ownership and Shareholding Structure of Vg It Solutions?

In 2021, Vg It Solutions 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

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2018Others₹1.00 MOpen

How Many Employees Work at Vg It Solutions?

Vg It Solutions has a workforce of 37 employees as of Apr 09, 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.

Employee growth trends for Vg It Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vg It Solutions, 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 Vg It Solutions'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 Vg It Solutions

Recent activity within the organization

  • Annual General Meeting

    Vg It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vg It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100208438 was registered on 14 Sep 2018.

  • Director Appointment

    Ganapati Sannabhadti Samba was appointed as a Director was appointed as a Director on 15 Jan 2010 & has been associated with this company since 15 years 1 month .

  • Director Appointment

    Shreedhar Ganapati Sannabhadti was appointed as a Director was appointed as a Director on 10 Aug 2007 & has been associated with this company since 17 years 6 months .

  • Director Appointment

    Kumar Veilumuthu Nadar was appointed as a Director was appointed as a Director on 10 Aug 2007 & has been associated with this company since 17 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vg It Solutions Private Limited?

    Vg It Solutions Private Limited was incorporated on 07 Jun 2007.

  • What is authorized share capital and paid-up capital of Vg It Solutions Private Limited?

    The authorized share capital of Vg It Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.80 M.

  • Who are the current board members & directors of Vg It Solutions Private Limited?

    Currently 4 directors are associated with Vg It Solutions Private Limited.

    • Bhaskar Palanichamy
    • Ganapati Sannabhadti Samba
    • Shreedhar Ganapati Sannabhadti
    • Kumar Veilumuthu Nadar
  • What is the registered address of Vg It Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vg It Solutions Private Limited is No.32 Singaravelan Nagar Varadharajapuram Mudichur Mannivakkam Kancheepuram, India, Chennai, Tamil Nadu, 600048.

  • What is the corporate identification number (CIN) and company number of Vg It Solutions Private Limited?

    The corporate identification number (CIN) of Vg It Solutions Private Limited is U72200TN2007PTC063848 and the company number is 063848 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vg It Solutions Private Limited?

    The Official website of Vg It Solutions Private Limited is https://www.valueglobal.net

  • What has been the recent revenue trend for Vg It Solutions Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Vg It Solutions Private Limited has fallen by -21.84%.

  • How many employees does Vg It Solutions Private Limited currently have?

    As Per 2021 financial reports, 37 employees are currently employed by Vg It Solutions Private Limited.

  • What change has been observed in the net worth of Vg It Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Vg It Solutions Private Limited has experienced an upsurge of 9.72%.

  • What are the total open charges for Vg It Solutions Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Vg It Solutions Private Limited amount to ₹ 1.00 M.

  • When was the last Balance Sheet of Vg It Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Vg It Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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