Vreedhi Financial Services Private Limited

Fintech company providing various loans for startups and growth, registered with RBI.

2019 | Hyderabad, Telangana (India) | Active
Last Updated: October 24, 2024

Vreedhi Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 18.90 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 62.50 Cr
  • Satisfied Charges ₹ 35.10 Cr
  • Revenue Growth 86.04%
  • Profit Growth -3.75%
  • Ebitda 136.44%
  • Net Worth 162.46%
  • Total Assets 281.19%

About Vreedhi Financial Services

Vreedhi Financial Services Private Limited (VFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 February 2019 (Five years and 11 months 9 days old ). Its registered office is in Hyderabad, Telangana, India.

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 26.00 Cr and a paid-up capital of Rs 18.90 Cr.

The company currently has active open charges totaling ₹62.50 Cr. The company has closed loans amounting to ₹35.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vreedhi Financial Services Private Limited India is Divya Sarda as COMPANY SECRETARY. Anindya Sen, Shamik Trehan, and Naga Pasam serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65929TG2019PTC130887

  • Company No.

    130887

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Vreedhi Financial Services?

Executive Team (1)

Name Designation Appointment Date Status
Divya Sarda Company Secretary 17-Mar-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Shamik Trehan Country flag representing In Director 25-Feb-2019 Current
Anindya Sen Country flag representing In Director 25-Feb-2019 Current
Naga Pasam Director 01-Jul-2024 Current

Financial Performance of Vreedhi Financial Services.

Vreedhi Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.04% increase. The company also saw a slight decrease in profitability, with a 3.75% decrease in profit. The company's net worth Soared by an impressive increase of 162.46%.

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
86.04%
Revenue from Operations
87.75%
Total Assets
281.19%
Profit or Loss
-3.75%
Net Worth
162.46%
EBITDA
136.44%

What is the Ownership and Shareholding Structure of Vreedhi Financial Services?

In 2023, Vreedhi Financial Services had a promoter holding of 96.77% and a public holding of 3.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.50 Cr

Satisfied Charges

₹35.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 62.50 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2024 Others ₹2.00 Cr Open
27 Jun 2024 Others ₹2.00 Cr Open
24 Jun 2024 Others ₹1.00 Cr Open
14 Jun 2024 Others ₹5.00 Cr Open
26 Apr 2024 Others ₹1.50 Cr Open

How Many Employees Work at Vreedhi Financial Services?

Vreedhi Financial Services has a workforce of 74 employees as of Apr 08, 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 Vreedhi Financial Services, 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 Vreedhi Financial Services'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 Vreedhi Financial Services

Recent activity within the organization

  • Charges

    A charge registered on 05 Jul 2022 via Charge ID 100587665 with Others was fully satisfied on 07 Oct 2024.

    07 Oct 2024

  • Charges

    A charge registered on 14 Nov 2022 via Charge ID 100641844 with Others was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 05 May 2023 via Charge ID 100720070 with Others was fully satisfied on 19 Sep 2024.

    19 Sep 2024

  • Charges

    A charge registered on 25 Jan 2023 via Charge ID 100676777 with Others was fully satisfied on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100970552 was registered on 12 Aug 2024.

    12 Aug 2024

Frequently asked questions

  • Vreedhi Financial Services Private Limited was incorporated on 25 Feb 2019.

  • The authorized share capital of Vreedhi Financial Services Private Limited is ₹ 26.00 Cr and paid-up capital is ₹ 18.90 Cr.

  • Currently 4 directors are associated with Vreedhi Financial Services Private Limited.

    • Anindya Sen
    • Shamik Trehan
    • Naga Srinivasa Rao Pasam
    • Divya Sarda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vreedhi Financial Services Private Limited is H.No.6-3-655/6/1 Somajiguda, India, Hyderabad, Telangana, 500082.

  • The corporate identification number (CIN) of Vreedhi Financial Services Private Limited is U65929TG2019PTC130887 and the company number is 130887 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vreedhi Financial Services Private Limited is https://www.vreedhi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vreedhi Financial Services Private Limited has risen by 86.04%.

  • As Per 2023 financial reports, 74 employees are currently employed by Vreedhi Financial Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vreedhi Financial Services Private Limited has experienced an upsurge of 162.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vreedhi Financial Services Private Limited amount to ₹ 62.50 Cr.

  • The most recent Balance Sheet for Vreedhi Financial Services Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on NBFC