Vinyas Innovative Technologies Limited

Designs, engineers, and manufactures PCBs for OEMs and ODMs in electronics industry.

2001 | Mysore, Karnataka (India) | Active
Last Updated: December 23, 2023

Vinyas Innovative Technologies Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.58 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 114.39 Cr
  • Satisfied Charges ₹ 57.08 Cr
  • Revenue Growth 36.30%
  • Profit Growth 9.12%
  • Ebitda 15.04%
  • Net Worth 4.74%
  • Total Assets -1.87%

About Vinyas Innovative Technologies

Vinyas Innovative Technologies Limited (VITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 2001 and has a history of 23 years and nine months. Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Information Technology 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 15.00 Cr and a paid-up capital of Rs 12.58 Cr.

The company currently has active open charges totaling ₹114.39 Cr. The company has closed loans amounting to ₹57.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vinyas Innovative Technologies Limited India are Amitava Majumdar as CFO and Subodh Mulbagal as Company Secretary. Narendra Narayanan, Sumukh Narendra, Deepa Prakash, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vinyasit.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26104KA2001PLC028959

  • Company No.

    028959

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2001

  • Date of AGM

    19 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Vinyas Innovative Technologies Limited offer?

Vinyas Innovative Technologies Limited offers a wide range of products and services, including Business Consultant, Supply Chain Management, Project Management, Material Management Solution, Product Engineering and Prototyping, Product Prototyping Services, Machines & Equipments, Industrial Machinery, Environment Protection & Auditing, Environmental Consultants.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Narendra Narayanan Country flag representing In Managing Director18-Nov-2002Current
Amitava Majumdar CFO28-Jul-2023Current
Subodh Mulbagal Country flag representing In Company Secretary28-Jul-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sumukh Narendra Country flag representing In Whole-Time Director 11-Aug-2020Current
Deepa Prakash Country flag representing In Director 19-Aug-2023Current
Belur Mudre Country flag representing In Director 19-Aug-2023Current
Pradeep Desai Country flag representing In Director 19-Aug-2023Current
Thirunarayanapuram Srinivasan Country flag representing In Whole-Time Director 30-Sep-2003Current

Financial Performance of Vinyas Innovative Technologies.

Vinyas Innovative Technologies Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 36.3% increase. The company also saw a slight improvement in profitability, with a 9.12% increase in profit. The company's net worth moved up by a moderate rise of 4.74%.

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
36.30%
Revenue from Operations
36.91%
Total Assets
-1.87%
Profit or Loss
9.12%
Net Worth
4.74%
EBITDA
15.04%

What is the Ownership and Shareholding Structure of Vinyas Innovative Technologies?

In 2021, Vinyas Innovative Technologies had a promoter holding of 45.21% and a public holding of 54.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹114.39 Cr

Satisfied Charges

₹57.08 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 42.41 Cr
  • Hdfc Bank Limited : 30.00 Cr
  • Axis Bank Limited : 22.00 Cr
  • State Bank Of India : 18.00 Cr
  • Sidbi : 1.98 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2023State Bank Of India₹18.00 CrOpen
19 Aug 2023Hdfc Bank Limited₹30.00 CrOpen
07 Dec 2022Axis Bank Limited₹22.00 CrOpen
30 Sep 2020Sidbi₹1.98 CrOpen
07 Jan 2013Canara Bank₹42.41 CrOpen

How Many Employees Work at Vinyas Innovative Technologies?

Vinyas Innovative Technologies has a workforce of 428 employees as of Apr 08, 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 Vinyas Innovative 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 Vinyas Innovative 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 Vinyas Innovative Technologies

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 22.00 Cr registered on 07 Dec 2022 with Charge ID 100662336 was modified on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100772937 was registered on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100788790 was registered on 19 Aug 2023.

    19 Aug 2023

  • Annual General Meeting

    Vinyas Innovative Technologies Limited last Annual general meeting of members was held on 19 Aug 2023 as per latest MCA records.

    19 Aug 2023

  • Director Appointment

    Deepa Prakash was appointed as a Director was appointed as a Director on 19 Aug 2023 & has been associated with this company since 1 year 6 months .

    19 Aug 2023

  • Charges

    A charge with Canara Bank of Rs. 42.41 Cr registered on 07 Jan 2013 with Charge ID 10405566 was modified on 08 Aug 2023.

    08 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Vinyas Innovative Technologies Limited was incorporated on 27 Apr 2001.

  • The authorized share capital of Vinyas Innovative Technologies Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.58 Cr.

  • Currently 8 directors are associated with Vinyas Innovative Technologies Limited.

    • Narendra Narayanan
    • Sumukh Narendra
    • Deepa Prakash
    • Amitava Majumdar
    • Subodh Rajanna Mulbagal
    • Belur Srinivasa Raghavan Ramakrishna Mudre
    • Pradeep Vithoba Desai
    • Thirunarayanapuram Ramachari Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinyas Innovative Technologies Limited is Plot No. 19 Sy No. 26 & 273-P 3Rd Phase, Koorgalli Industrial Area Ilawala Hobali, Mysore, Karnataka, India, 570018.

  • The corporate identification number (CIN) of Vinyas Innovative Technologies Limited is U26104KA2001PLC028959 and the company number is 028959 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vinyas Innovative Technologies Limited is https://www.vinyasit.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vinyas Innovative Technologies Limited has risen by 36.30%.

  • As Per 2021 financial reports, 428 employees are currently employed by Vinyas Innovative Technologies Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vinyas Innovative Technologies Limited has experienced an upsurge of 4.74%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vinyas Innovative Technologies Limited amount to ₹ 114.39 Cr.

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

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