V.M.Spice Company Private Limited

Specializes in trading and selling red chilli products since 2006.

2006 | Guntur, Andhra Pradesh (India) | Active
Last Updated: July 25, 2024

V.M.Spice Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.55 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 88.86%
  • Profit Growth 172.35%
  • Ebitda 171.93%
  • Net Worth 41.53%
  • Total Assets 29.11%

About V.M.Spice Company

V.M.Spice Company Private Limited (VCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 November 2006 and has a history of 18 years and two months. Its registered office is in Guntur, Andhra Pradesh, India.

The Company is engaged in the Food And Beverages 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 1.00 Cr and a paid-up capital of Rs 2.55 M.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Bhandari, Champalal Bhandari, Ashok Bhandari, and Four other members serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15495AP2006PTC051747

  • Company No.

    051747

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages

Who are the key members and board of directors at V.M.Spice Company?

Executive Team (1)

Name Designation Appointment Date Status
Ashok Bhandari Country flag representing In Managing Director 21-Nov-2006 Current

Board Members (6)

Name Designation Appointment Date Status
Rajesh Bhandari Country flag representing In Director 21-Nov-2006 Current
Champalal Bhandari Country flag representing In Director 21-Nov-2006 Current
Shripal Bhandari Country flag representing In Director 20-May-2015 Current
Chetan Bhandari Country flag representing In Director 20-May-2015 Current
Kumarpal Bhandari Country flag representing In Director 20-May-2015 Current
Vishal Bhandari Country flag representing In Director 20-May-2015 Current

Financial Performance of V.M.Spice Company.

V.M.Spice Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.86% increase. The company also saw a substantial improvement in profitability, with a 172.35% increase in profit. The company's net worth Soared by an impressive increase of 41.53%.

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
88.86%
Revenue from Operations
89.35%
Total Assets
29.11%
Profit or Loss
172.35%
Net Worth
41.53%
EBITDA
171.93%

What is the Ownership and Shareholding Structure of V.M.Spice Company?

In 2023, V.M.Spice Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Jan 2015 Icici Bank Limited ₹5.00 Cr Open
18 Sep 2007 City Union Bank Limited ₹7.50 Cr Satisfied

How Many Employees Work at V.M.Spice Company?

V.M.Spice Company has a workforce of 5 employees as of Mar 31, 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 V.M.Spice Company, 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 V.M.Spice Company'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 V.M.Spice Company

Recent activity within the organization

  • Annual General Meeting

    V.M.Spice Company Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    V.M.Spice Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Shripal Bhandari was appointed as a Director was appointed as a Director on 20 May 2015 & has been associated with this company since 9 years 8 months .

    20 May 2015

  • Director Appointment

    Chetan Bhandari was appointed as a Director was appointed as a Director on 20 May 2015 & has been associated with this company since 9 years 8 months .

    20 May 2015

  • Director Appointment

    Kumarpal Bhandari was appointed as a Director was appointed as a Director on 20 May 2015 & has been associated with this company since 9 years 8 months .

    20 May 2015

  • Director Appointment

    Vishal Bhandari was appointed as a Director was appointed as a Director on 20 May 2015 & has been associated with this company since 9 years 8 months .

    20 May 2015

Frequently asked questions

  • V.M.Spice Company Private Limited was incorporated on 21 Nov 2006.

  • The authorized share capital of V.M.Spice Company Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.55 M.

  • Currently 7 directors are associated with V.M.Spice Company Private Limited.

    • Rajesh Kumar Bhandari
    • Champalal Bhandari
    • Ashok Kumar Bhandari
    • Shripal Bhandari
    • Chetan Bhandari
    • Kumarpal Bhandari
    • Vishal Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of V.M.Spice Company Private Limited is Ashapuri House Door Numer: 23-7-17 Isukavagu Street R, .Agraharam, Guntur, Andhra Pradesh, India, 522003.

  • The corporate identification number (CIN) of V.M.Spice Company Private Limited is U15495AP2006PTC051747 and the company number is 051747 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for V.M.Spice Company Private Limited has risen by 88.86%.

  • As Per 2023 financial reports, 5 employees are currently employed by V.M.Spice Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of V.M.Spice Company Private Limited has experienced an upsurge of 41.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for V.M.Spice Company Private Limited amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for V.M.Spice Company Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Food & Beverage Retail & Distribution