Vrisa Innovation Limited

Constructs innovative and sustainable civil engineering projects, including unique homes and domes.

2017 | Pune, Maharashtra (India) | Active
Last Updated: January 02, 2025

Vrisa Innovation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.18 Cr
  • Satisfied Charges ₹ 3.83 M
  • Revenue Growth 150.19%
  • Profit Growth 238.87%
  • Ebitda 2094.74%
  • Net Worth 169.97%
  • Total Assets 171.81%

About Vrisa Innovation

Vrisa Innovation Limited (VIL) is a Public Limited Indian Non-Government Company incorporated in India on 07 December 2017 (Seven years and two months 17 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Vrisa Innovation Private Limited. The Company is engaged in the Engineering 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 1.20 M.

The company currently has active open charges totaling ₹1.18 Cr. The company has closed loans amounting to ₹3.83 M, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Mahajan, Poonam Mahajan, and Makarand Mahajan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45500PN2017PLC173759

  • Company No.

    173759

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

What products or services does Vrisa Innovation Limited offer?

Vrisa Innovation Limited offers a wide range of products and services, including Prefabricated Houses & Structures, Prefabricated Houses, Real Estate Agent & Property Dealers, Commercial Property, Prefabricated Structures.

Who are the key members and board of directors at Vrisa Innovation?

Board Members (3)

NameDesignationAppointment DateStatus
Poonam Mahajan Country flag representing In Director 09-Mar-2020Current
Sandeep Mahajan Country flag representing In Director 07-Dec-2017Current
Makarand Mahajan Country flag representing In Director 03-Aug-2020Current

Financial Performance of Vrisa Innovation.

Vrisa Innovation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 150.19% increase. The company also saw a substantial improvement in profitability, with a 238.87% increase in profit. The company's net worth Soared by an impressive increase of 169.97%.

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
150.19%
Revenue from Operations
150.18%
Total Assets
171.81%
Profit or Loss
238.87%
Net Worth
169.97%
EBITDA
2094.74%

What is the Ownership and Shareholding Structure of Vrisa Innovation?

In 2023, Vrisa Innovation had a promoter holding of 99.17% and a public holding of 0.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.80 M

Satisfied Charges

₹3.83 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr
  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2023Axis Bank Limited₹1.00 CrOpen
05 Nov 2020Hdfc Bank Limited₹1.80 MOpen
28 Jul 2021Hdfc Bank Limited₹3.83 MSatisfied

How Many Employees Work at Vrisa Innovation?

Unlock and access historical data on people associated with Vrisa Innovation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vrisa Innovation, 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 Vrisa Innovation'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 Vrisa Innovation

Recent activity within the organization

  • Annual General Meeting

    Vrisa Innovation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vrisa Innovation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 28 Jul 2021 via Charge ID 100481939 with Hdfc Bank Limited was fully satisfied on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100682715 was registered on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.83 M with Charge ID 100481939 was registered on 28 Jul 2021.

    28 Jul 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 M with Charge ID 100416079 was registered on 05 Nov 2020.

    05 Nov 2020

Frequently asked questions

  • Vrisa Innovation Limited was incorporated on 07 Dec 2017.

  • The authorized share capital of Vrisa Innovation Limited is ₹ 5.00 M and paid-up capital is ₹ 1.20 M.

  • Currently 3 directors are associated with Vrisa Innovation Limited.

    • Sandeep Dhananjay Mahajan
    • Poonam Sandeep Mahajan
    • Makarand Dhananjay Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vrisa Innovation Limited is 505 Amar Neptune Apex It Park Banner Road Sr. No 6/1/1, Bh Food Bazar India, Pune City, Maharashtra, 411045.

  • The corporate identification number (CIN) of Vrisa Innovation Limited is U45500PN2017PLC173759 and the company number is 173759 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vrisa Innovation Limited is https://www.vrisainnovation.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vrisa Innovation Limited has risen by 150.19%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vrisa Innovation Limited has experienced an upsurge of 169.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vrisa Innovation Limited amount to ₹ 1.18 Cr.

  • The most recent Balance Sheet for Vrisa Innovation Limited was filed with the ROC on 31 Mar 2024.

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