Virtue Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.50 M
- Company Age 18 Year, 26 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.53 Cr
- Satisfied Charges ₹ 1.40 Cr
- Revenue Growth -38.34%
- Profit Growth -14.03%
- Ebitda -23.25%
- Net Worth -1.85%
- Total Assets -12.03%
About Virtue Engineering
Virtue Engineering Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 January 2007 and has a history of 18 years. Its registered office is in Pune, Maharashtra, 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 2.00 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹8.53 Cr. The company has closed loans amounting to ₹1.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Paban Upla and Shrabani Upla serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28123PN2007PTC129434
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Company No.
129434
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Jan 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does Virtue Engineering Private Limited offer?
Virtue Engineering Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Steam Boilers, Industrial Boilers, Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Chemical Reactors and Process Tanks, Pressure Vessels.
Who are the key members and board of directors at Virtue Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Paban Upla
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Director | 01-Mar-2008 | Current |
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Shrabani Upla
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Director | 08-Jan-2007 | Current |
Financial Performance of Virtue Engineering.
Virtue Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.34% decrease. The company also saw a substantial fall in profitability, with a 14.03% decrease in profit. The company's net worth dipped by a decrease of 1.85%.
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What is the Ownership and Shareholding Structure of Virtue Engineering?
In 2023, Virtue Engineering had a promoter holding of 100.00%. The company had 2 Associate Companies. 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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Samarthya Engineering Private LimitedPaban Upla and Shrabani Upla are mutual person
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Godsent Engineering Private Limited
Paban Upla and Shrabani Upla are mutual person
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Perch Engineering Private Limited
Shrabani Upla is a mutual person
Charges (Loans)
₹85.30 M
₹14.00 M
Charges Breakdown by Lending Institutions
- Others : 8.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Others | ₹2.50 Cr | Open |
| 26 Mar 2024 | Others | ₹1.47 Cr | Open |
| 22 Feb 2021 | Others | ₹6.10 M | Open |
| 25 Mar 2008 | Others | ₹3.95 Cr | Open |
| 22 May 2015 | Union Bank Of India | ₹1.05 Cr | Satisfied |
How Many Employees Work at Virtue Engineering?
Virtue Engineering has a workforce of 47 employees as of Apr 06, 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 Virtue Engineering, 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 Virtue Engineering'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.
