Vinar Systems Private Limited

Manufacturer of material handling and storage equipment for various industries, with global reach.

1972 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Vinar Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 53 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.14 Cr
  • Satisfied Charges ₹ 8.20 Cr
  • Revenue Growth 35.56%
  • Profit Growth 226.29%
  • Ebitda 155.65%
  • Net Worth 27.00%
  • Total Assets 31.54%

About Vinar Systems

Vinar Systems Private Limited (VSPL) was founded in India on 29 January 1972 and has a glorious history of 53 years . Its registered office is in Kolkata, West Bengal, India.

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 5.00 Cr and a paid-up capital of Rs 3.40 Cr.

The company currently has active open charges totaling ₹48.14 Cr. The company has closed loans amounting to ₹8.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gautam Nevatia, Vinod Lohia, Sudeep Lohia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vinar.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29192WB1972PTC028222

  • Company No.

    028222

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1972

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Vinar Systems Private Limited offer?

Vinar Systems Private Limited offers a wide range of products and services, including Furniture Racks & Shelves, Shelf Unit, Industrial Racks & Storage System, Industrial Storage Rack, Conveyor Systems & Components, Conveyors, Computer and Networking Solutions, Networking Solutions, Warehouse Racks, Pallet Racks.

Who are the key members and board of directors at Vinar Systems?

Board Members (5)

NameDesignationAppointment DateStatus
Gautam Nevatia Country flag representing In Director 01-Oct-2002Current
Vinod Lohia Country flag representing In Whole-Time Director 11-Apr-1998Current
Sudeep Lohia Country flag representing In Whole-Time Director 19-Sep-2015Current
Gireesha Halappa Country flag representing In Director 26-Oct-2022Current
Sumit Nevatia Country flag representing In Whole-Time Director 19-Sep-2015Current

Financial Performance of Vinar Systems.

Vinar Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.56% increase. The company also saw a substantial improvement in profitability, with a 226.29% increase in profit. The company's net worth Soared by an impressive increase of 27%.

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
35.56%
Revenue from Operations
35.30%
Total Assets
31.54%
Profit or Loss
226.29%
Net Worth
27.00%
EBITDA
155.65%

What is the Ownership and Shareholding Structure of Vinar Systems?

In 2023, Vinar Systems had a promoter holding of 99.85% and a public holding of 0.15%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.14 Cr

Satisfied Charges

₹8.20 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 48.14 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2021Uco Bank₹1.37 MOpen
06 Oct 1994Uco Bank₹48.00 CrOpen
19 Jun 2020Uco Bank₹1.20 CrSatisfied
19 Apr 2011Uco Bank₹7.00 CrSatisfied

How Many Employees Work at Vinar Systems?

Vinar Systems has a workforce of 181 employees as of Mar 31, 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 Vinar Systems, 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 Vinar Systems'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 Vinar Systems

Recent activity within the organization

  • Annual General Meeting

    Vinar Systems Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Vinar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Uco Bank of Rs. 48.00 Cr registered on 06 Oct 1994 with Charge ID 90345516 was modified on 19 Jan 2023.

    19 Jan 2023

  • Charges

    A charge registered on 19 Jun 2020 via Charge ID 100370397 with Uco Bank was fully satisfied on 03 Jan 2023.

    03 Jan 2023

  • Director Appointment

    Gireesha Guthigappa Halappa was appointed as a Director was appointed as a Director on 26 Oct 2022 & has been associated with this company since 2 years 4 months .

    26 Oct 2022

  • Charges

    A charge with Uco Bank amounted to Rs. 0.14 Cr with Charge ID 100480965 was registered on 15 Sep 2021.

    15 Sep 2021

Frequently asked questions

  • Vinar Systems Private Limited was incorporated on 29 Jan 1972.

  • The authorized share capital of Vinar Systems Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.40 Cr.

  • Currently 5 directors are associated with Vinar Systems Private Limited.

    • Gautam Nevatia
    • Vinod Kumar Sagarmal Lohia
    • Sudeep Kumar Lohia
    • Gireesha Guthigappa Halappa
    • Sumit Nevatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinar Systems Private Limited is 9C Lord Sinha Road 1St Floor, Kolkata, West Bengal, India, 700071.

  • The corporate identification number (CIN) of Vinar Systems Private Limited is U29192WB1972PTC028222 and the company number is 028222 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vinar Systems Private Limited is https://www.vinar.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vinar Systems Private Limited has risen by 35.56%.

  • As Per 2023 financial reports, 181 employees are currently employed by Vinar Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vinar Systems Private Limited has experienced an upsurge of 27.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vinar Systems Private Limited amount to ₹ 48.14 Cr.

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

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