Vishvakarma Equipment Finance (India) Limited

Provides financial services and is registered with RBI.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Vishvakarma Equipment Finance (India) Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 31.67 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 200.00 Cr
  • Revenue Growth -58.04%
  • Profit Growth -170.41%
  • Ebitda 24.73%
  • Net Worth -0.19%
  • Total Assets -0.06%

About Vishvakarma Equipment Finance (India)

Vishvakarma Equipment Finance (India) Limited (VEFIL) is a Public Limited Indian Non-Government Company incorporated in India on 15 July 1991 and has a history of 33 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as V.B. Desai Equipment Finance Pvt Ltd. The Company is engaged in the Financial Services 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 35.00 Cr and a paid-up capital of Rs 31.67 Cr.

The company currently has active open charges totaling ₹200.00 Cr.

The Key Managerial Personnel (KMP) at Vishvakarma Equipment Finance (India) Limited India are Sandesh Manjalkar as CFO and Aishwarya Singhvi as Company Secretary. Shashank Vijayakar, Rachana Vijayakar, Sagar Yadav, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65970MH1991PLC062503

  • Company No.

    062503

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Vishvakarma Equipment Finance (India)?

Executive Team (3)

Name Designation Appointment Date Status
Shashank Vijayakar Country flag representing In Managing Director 04-Sep-1998 Current
Sandesh Manjalkar Country flag representing In CFO 02-May-2019 Current
Aishwarya Singhvi Country flag representing In Company Secretary 06-Mar-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Rachana Vijayakar Country flag representing In Director 15-Dec-2017 Current
Sagar Yadav Director 02-Sep-2024 Current
Antoo Kallan Country flag representing In Director 24-Oct-2019 Current
Pradip Shroff Country flag representing In Director 15-Jul-1991 Current

Financial Performance of Vishvakarma Equipment Finance (India).

Vishvakarma Equipment Finance (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 58.04% decrease. The company also saw a substantial fall in profitability, with a 170.41% decrease in profit. The company's net worth dipped by a decrease of 0.19%.

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
-58.04%
Revenue from Operations
Total Assets
-0.06%
Profit or Loss
-170.41%
Net Worth
-0.19%
EBITDA
24.73%

What is the Ownership and Shareholding Structure of Vishvakarma Equipment Finance (India)?

In 2021, Vishvakarma Equipment Finance (India) had a promoter holding of 98.57% and a public holding of 1.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹200.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 200.00 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2019 Others ₹200.00 Cr Open

How Many Employees Work at Vishvakarma Equipment Finance (India)?

Unlock and access historical data on people associated with Vishvakarma Equipment Finance (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vishvakarma Equipment Finance (India), 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 Vishvakarma Equipment Finance (India)'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 Vishvakarma Equipment Finance (India)

Recent activity within the organization

  • Annual General Meeting

    Vishvakarma Equipment Finance (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sagar Yadav was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 5 months .

    02 Sep 2024

  • Balance Sheet

    Vishvakarma Equipment Finance (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Aishwarya Singhvi was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2023 & has been associated with this company since 1 year 10 months .

    06 Mar 2023

  • Director Appointment

    Antoo Kochappan Kallan was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 5 years 3 months .

    24 Oct 2019

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100279746 was registered on 10 Aug 2019.

    10 Aug 2019

Frequently asked questions

  • Vishvakarma Equipment Finance (India) Limited was incorporated on 15 Jul 1991.

  • The authorized share capital of Vishvakarma Equipment Finance (India) Limited is ₹ 35.00 Cr and paid-up capital is ₹ 31.67 Cr.

  • Currently 7 directors are associated with Vishvakarma Equipment Finance (India) Limited.

    • Shashank Shripad Vijayakar
    • Rachana Shashank Vijayakar
    • Sagar Yadav
    • Sandesh Rajaram Manjalkar
    • Aishwarya Singhvi
    • Antoo Kochappan Kallan
    • Pradip Ratilal Shroff
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vishvakarma Equipment Finance (India) Limited is 24/26 Cama Building 1St Floor, Dalal Street Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Vishvakarma Equipment Finance (India) Limited is U65970MH1991PLC062503 and the company number is 062503 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vishvakarma Equipment Finance (India) Limited has fallen by -58.04%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vishvakarma Equipment Finance (India) Limited has experienced an downturn of -0.19%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vishvakarma Equipment Finance (India) Limited amount to ₹ 200.00 Cr.

  • The most recent Balance Sheet for Vishvakarma Equipment Finance (India) Limited was filed with the ROC on 31 Mar 2024.

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