Vit Enterprises Private Limited

Provides custom software solutions for banking and service sectors since 2003.

2003 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Vit Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.88 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth 0.58%
  • Profit Growth -65.35%
  • Ebitda 40.10%
  • Net Worth -0.43%
  • Total Assets -0.26%

About Vit Enterprises

Vit Enterprises Private Limited (VEPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 October 2003 and has a history of 21 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vit Consultancy Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.88 M.

The company has closed loans amounting to ₹1.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Balamurugan Ramanathan, Krishnasamy Ramanathan, and Bhavana Balamurugan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100TN2003PTC051847

  • Company No.

    051847

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Vit Enterprises?

Board Members (3)

Name Designation Appointment Date Status
Balamurugan Ramanathan Country flag representing In Director 28-Oct-2003 Current
Krishnasamy Ramanathan Country flag representing In Director 22-Jul-2014 Current
Bhavana Balamurugan Country flag representing In Director 15-Nov-2023 Current

Financial Performance of Vit Enterprises.

Vit Enterprises Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.58% increase. The company also saw a substantial fall in profitability, with a 65.35% decrease in profit. The company's net worth dipped by a decrease of 0.43%.

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
0.58%
Revenue from Operations
Total Assets
-0.26%
Profit or Loss
-65.35%
Net Worth
-0.43%
EBITDA
40.10%

What is the Ownership and Shareholding Structure of Vit Enterprises?

In 2021, Vit Enterprises had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹13.04 M

Charges Breakdown by Lending Institutions

  • Dbs Bank Ltd : 0.55 Cr
  • State Bank Of India : 0.45 Cr
  • Tata Capital Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
12 Jul 2017 State Bank Of India ₹4.50 M Satisfied
18 Sep 2015 Dbs Bank Ltd ₹5.54 M Satisfied
15 Feb 2010 Tata Capital Limited ₹3.00 M Satisfied

How Many Employees Work at Vit Enterprises?

Vit Enterprises has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vit Enterprises, 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 Vit Enterprises'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 Vit Enterprises

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Vit Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Bhavana Balamurugan was appointed as a Director was appointed as a Director on 15 Nov 2023 & has been associated with this company since 1 year 2 months .

    15 Nov 2023

  • Charges

    A charge registered on 12 Jul 2017 via Charge ID 100111458 with State Bank Of India was fully satisfied on 01 Dec 2017.

    01 Dec 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.50 M with Charge ID 100111458 was registered on 12 Jul 2017.

    12 Jul 2017

  • Charges

    A charge registered on 18 Sep 2015 via Charge ID 10596064 with Dbs Bank Ltd was fully satisfied on 15 May 2017.

    15 May 2017

Frequently asked questions

  • Vit Enterprises Private Limited was incorporated on 28 Oct 2003.

  • The authorized share capital of Vit Enterprises Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.88 M.

  • Currently 3 directors are associated with Vit Enterprises Private Limited.

    • Balamurugan Ramanathan
    • Krishnasamy Ramanathan
    • Bhavana Balamurugan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vit Enterprises Private Limited is D-2 Park Residenses 22 Vellaiyan Street, Kotturpuram India, Chennai, Tamil Nadu, 600085.

  • The corporate identification number (CIN) of Vit Enterprises Private Limited is U18100TN2003PTC051847 and the company number is 051847 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vit Enterprises Private Limited is https://www.vit.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vit Enterprises Private Limited has risen by 0.58%.

  • As Per 2022 financial reports, 1 employees are currently employed by Vit Enterprises Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vit Enterprises Private Limited has experienced an downturn of -0.43%.

  • The most recent Balance Sheet for Vit Enterprises Private Limited was filed with the ROC on 31 Mar 2024.

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