Vitalcore Industrials Profile
Key Indicators
- Authorised Capital ₹ 20.09 Cr
- Paid Up Capital ₹ 19.35 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.45 Cr
- Satisfied Charges ₹ 14.50 Cr
- Revenue Growth 701.46%
- Profit Growth 1474.79%
- Ebitda 471.86%
- Net Worth 75.62%
- Total Assets 85.78%
About Vitalcore Industrials
Vitalcore Industrials Private Limited (VIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 March 2017 (Seven years and 11 months 2 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Avejana Management And Advisory Services Private Limited. 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 20.09 Cr and a paid-up capital of Rs 19.35 Cr.
The company currently has active open charges totaling ₹24.45 Cr. The company has closed loans amounting to ₹14.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vitalcore Industrials Private Limited India is Sridar Ramarao as COMPANY SECRETARY. Muthusamy Thangavel, Selvaraj Chandran, and Aravamudhan Vijayaraghavan serve as directors at the Company.
Company Details
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Location
Kanchipuram, Tamil Nadu, 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
U29100TN2017PTC115252
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Company No.
115252
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Mar 2017
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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 Chennai
Industry
Who are the key members and board of directors at Vitalcore Industrials?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sridar Ramarao | Company Secretary | 07-Nov-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthusamy Thangavel
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Whole-Time Director | 11-Dec-2020 | Current |
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Selvaraj Chandran
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Director | Current | |
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Aravamudhan Vijayaraghavan
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Whole-Time Director | 15-Feb-2021 | Current |
Financial Performance of Vitalcore Industrials.
Vitalcore Industrials Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 701.46% increase. The company also saw a substantial improvement in profitability, with a 1474.79% increase in profit. The company's net worth Soared by an impressive increase of 75.62%.
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What is the Ownership and Shareholding Structure of Vitalcore Industrials?
In 2023, Vitalcore Industrials had a promoter holding of 43.73% and a public holding of 56.27%. 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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Vitalcore Technologies Private LimitedSelvaraj Chandran is a mutual person
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Invent Solutions Private LimitedMuthusamy Thangavel and Selvaraj Chandran are mutual person
Charges (Loans)
₹24.45 Cr
₹14.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 19.50 Cr
- Idbi Bank Limited : 4.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2023 | Idbi Bank Limited | ₹4.95 Cr | Open |
| 18 Feb 2023 | Hdfc Bank Limited | ₹19.50 Cr | Open |
| 25 Jul 2022 | Others | ₹10.00 Cr | Satisfied |
| 04 Oct 2021 | Others | ₹4.50 Cr | Satisfied |
How Many Employees Work at Vitalcore Industrials?
Vitalcore Industrials has a workforce of 50 employees as of Jul 02, 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 Vitalcore Industrials, 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 Vitalcore Industrials'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.
