Vrrddhi Freight Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 10 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.09 Cr
- Satisfied Charges ₹ 15.64 Cr
- Revenue Growth -10.25%
- Profit Growth -29.06%
- Ebitda -4.61%
- Net Worth 33.14%
- Total Assets -12.77%
About Vrrddhi Freight
Vrrddhi Freight Private Limited (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 2014 and has a history of Ten years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Transport And Logistics 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 1.00 Cr.
The company currently has active open charges totaling ₹19.09 Cr. The company has closed loans amounting to ₹15.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vrrddhi Freight Private Limited India are Ramprasad Sujatha as CEO and Samuel Paramasivan as Cfo. Swarnakumar Anantharajayan, Ramasame Sitaraman, Ramprasad Sujatha, and One other member serve as directors at the Company.
Company Details
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Location
Chennai, 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
U74900TN2014PTC095928
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Company No.
095928
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 May 2014
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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 Vrrddhi Freight?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramprasad Sujatha
|
CEO | 26-May-2014 | Current |
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Swarnakumar Anantharajayan
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Managing Director | 26-May-2014 | Current |
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Samuel Paramasivan
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CFO | 26-May-2014 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ramprasad Sujatha
|
Director and Ceo | 26-May-2014 | Current |
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Ramasame Sitaraman
|
Director | 26-May-2014 | Current |
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Samuel Paramasivan
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Director and Cfo | 26-May-2014 | Current |
Financial Performance of Vrrddhi Freight.
Vrrddhi Freight Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.25% decrease. The company also saw a substantial fall in profitability, with a 29.06% decrease in profit. The company's net worth Soared by an impressive increase of 33.14%.
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What is the Ownership and Shareholding Structure of Vrrddhi Freight?
In 2023, Vrrddhi Freight had a promoter holding of 100.00%. 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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Vrrddhi Express Private LimitedSwarnakumar Anantharajayan, Ramasame Sitaraman and 2 more are mutual person
Charges (Loans)
₹19.09 Cr
₹15.64 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 16.05 Cr
- Hdfc Bank Limited : 3.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2023 | Hdfc Bank Limited | ₹1.09 Cr | Open |
| 01 Nov 2023 | Hdfc Bank Limited | ₹1.09 Cr | Open |
| 14 Oct 2023 | Axis Bank Limited | ₹8.40 M | Open |
| 16 Oct 2022 | Hdfc Bank Limited | ₹0.78 M | Open |
| 16 Oct 2022 | Hdfc Bank Limited | ₹0.78 M | Open |
How Many Employees Work at Vrrddhi Freight?
Vrrddhi Freight has a workforce of 86 employees as of Apr 09, 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 Vrrddhi Freight, 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 Vrrddhi Freight'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.