Vivek Private Limited

Retail company offering a wide range of consumer electronics, home appliances, and IT products.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 04, 2024

Vivek Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 20.47 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.21 Cr
  • Satisfied Charges ₹ 240.17 Cr
  • Revenue Growth 5.14%
  • Profit Growth 29.66%
  • Ebitda -319.32%
  • Net Worth -18.59%
  • Total Assets 12.01%

About Vivek

Vivek Private Limited (VPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 1994 and has a history of 30 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vivek Limited. The Company is engaged in the Consumer Electronics & Durables 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 37.00 Cr and a paid-up capital of Rs 20.47 Cr.

The company currently has active open charges totaling ₹36.21 Cr. The company has closed loans amounting to ₹240.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vivek Private Limited India is Sankaran Sruthi as COMPANY SECRETARY. Bysani Kodandaramasetty and Bysani Srinivaasan 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

    U51909TN1994PTC028470

  • Company No.

    028470

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 1994

  • Date of AGM

    26 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Vivek Private Limited offer?

Vivek Private Limited offers a wide range of products and services, including CD, DVD, MP3 & Audio Video Players, Media Player, Induction Cooktops, Hobs & Burners, Cooking Stove, Mobile Phone & Accessories, Mobile Tablet, Freezers, Refrigerators & Chillers, Domestic Refrigerator, Warehouses and Warehousing Agents, Freezers.

Who are the key members and board of directors at Vivek?

Executive Team (3)

NameDesignationAppointment DateStatus
Bysani Kodandaramasetty Country flag representing In Managing Director31-Aug-1994Current
Bysani Srinivaasan Country flag representing In Managing Director31-Aug-1994Current
Sankaran Sruthi Company SecretaryCurrent

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Vivek.

Vivek Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.14% increase. The company also saw a substantial improvement in profitability, with a 29.66% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.59%.

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
5.14%
Revenue from Operations
5.10%
Total Assets
12.01%
Profit or Loss
29.66%
Net Worth
-18.59%
EBITDA
-319.32%

What is the Ownership and Shareholding Structure of Vivek?

In 2023, Vivek had a promoter holding of 65.94% and a public holding of 34.06%. 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

₹36.21 Cr

Satisfied Charges

₹240.17 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 36.20 Cr
  • Others : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2021Others₹0.09 MOpen
27 Dec 2007Canara Bank₹36.20 CrOpen
16 Dec 2020Others₹1.99 CrSatisfied
20 Jul 2016Others₹12.60 CrSatisfied
04 Jun 2014Bank Of India₹25.00 CrSatisfied

How Many Employees Work at Vivek?

Vivek has a workforce of 250 employees as of Mar 21, 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 Vivek, 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 Vivek'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 Vivek

Recent activity within the organization

  • Annual General Meeting

    Vivek Private Limited last Annual general meeting of members was held on 26 Dec 2023 as per latest MCA records.

    26 Dec 2023

  • Balance Sheet

    Vivek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 16 Dec 2020 via Charge ID 100412972 with Others was fully satisfied on 18 May 2022.

    18 May 2022

  • Charges

    A charge registered on 20 Jul 2016 via Charge ID 100048273 with Others was fully satisfied on 18 May 2022.

    18 May 2022

  • Charges

    A charge with Canara Bank of Rs. 36.20 Cr registered on 27 Dec 2007 with Charge ID 10111071 was modified on 14 Dec 2021.

    14 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.01 Cr with Charge ID 100468953 was registered on 16 Jul 2021.

    16 Jul 2021

Frequently asked questions

  • Vivek Private Limited was incorporated on 31 Aug 1994.

  • The authorized share capital of Vivek Private Limited is ₹ 37.00 Cr and paid-up capital is ₹ 20.47 Cr.

  • Currently 3 directors are associated with Vivek Private Limited.

    • Bysani Aswathanarayanasetty Kodandaramasetty
    • Bysani Aswathanarayana Srinivaasan
    • Sankaran Suresh Sruthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vivek Private Limited is No:167North Usman Road T.Nagar, Chennai, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Vivek Private Limited is U51909TN1994PTC028470 and the company number is 028470 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vivek Private Limited is https://www.viveks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vivek Private Limited has risen by 5.14%.

  • As Per 2023 financial reports, 250 employees are currently employed by Vivek Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vivek Private Limited has experienced an downturn of -18.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vivek Private Limited amount to ₹ 36.21 Cr.

  • The most recent Balance Sheet for Vivek Private Limited was filed with the ROC on 31 Mar 2023.

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