Vrs Leathers Private Limited

Manufacturer and exporter of high-quality finished leather products since 1994.

1994 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Vrs Leathers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.89 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.42 Cr
  • Satisfied Charges ₹ 8.88 Cr
  • Revenue Growth 119.47%
  • Profit Growth 51.03%
  • Ebitda -146.63%
  • Net Worth 2.31%
  • Total Assets -11.70%

About Vrs Leathers

Vrs Leathers Private Limited (VLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 1994 and has a history of 30 years and four months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 3.89 M.

The company currently has active open charges totaling ₹5.42 Cr. The company has closed loans amounting to ₹8.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayanthi Rajaseenivasan, Venkatasamy Seenivasan, and Senthil Kannan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vrsleathers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18209TN1994PTC028996

  • Company No.

    028996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Vrs Leathers?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatasamy Seenivasan Country flag representing In Managing Director21-Oct-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Jayanthi Rajaseenivasan Country flag representing In Whole-Time Director 21-Oct-1994Current
Senthil Kannan Country flag representing In Whole-Time Director 10-Nov-2014Current

Financial Performance of Vrs Leathers.

Vrs Leathers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 119.47% increase. The company also saw a substantial improvement in profitability, with a 51.03% increase in profit. The company's net worth moved up by a moderate rise of 2.31%.

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
119.47%
Revenue from Operations
126.08%
Total Assets
-11.70%
Profit or Loss
51.03%
Net Worth
2.31%
EBITDA
-146.63%

What is the Ownership and Shareholding Structure of Vrs Leathers?

In 2023, Vrs Leathers 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

₹54.18 M

Satisfied Charges

₹88.85 M

Charges Breakdown by Lending Institutions

  • Others : 5.27 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2023Hdfc Bank Limited₹0.84 MOpen
11 Apr 2023Hdfc Bank Limited₹0.63 MOpen
16 Dec 2014Others₹5.27 CrOpen
26 May 2011Standard Chartered Bank₹4.27 CrSatisfied
25 Jul 2007Standard Chartered Bank₹3.11 CrSatisfied

How Many Employees Work at Vrs Leathers?

Vrs Leathers has a workforce of 32 employees as of Mar 24, 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 Vrs Leathers, 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 Vrs Leathers'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 Vrs Leathers

Recent activity within the organization

  • Annual General Meeting

    Vrs Leathers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.84 M with Charge ID 100732148 was registered on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.63 M with Charge ID 100734627 was registered on 11 Apr 2023.

    11 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 52.70 M registered on 16 Dec 2014 with Charge ID 10549735 was modified on 29 Jul 2020.

    29 Jul 2020

  • Charges

    A charge registered on 26 May 2011 via Charge ID 10295985 with Standard Chartered Bank was fully satisfied on 13 Feb 2019.

    13 Feb 2019

Frequently asked questions

  • Vrs Leathers Private Limited was incorporated on 21 Oct 1994.

  • The authorized share capital of Vrs Leathers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.89 M.

  • Currently 3 directors are associated with Vrs Leathers Private Limited.

    • Jayanthi Rajaseenivasan
    • Venkatasamy Raja Seenivasan
    • Senthil Kumar Kannan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vrs Leathers Private Limited is Old No. 78B New 64 Anna Salai Nagalkeni, Chromepet India, Chennai, Tamil Nadu, 600044.

  • The corporate identification number (CIN) of Vrs Leathers Private Limited is U18209TN1994PTC028996 and the company number is 028996 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vrs Leathers Private Limited is https://www.vrsleathers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vrs Leathers Private Limited has risen by 119.47%.

  • As Per 2023 financial reports, 32 employees are currently employed by Vrs Leathers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vrs Leathers Private Limited has experienced an upsurge of 2.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vrs Leathers Private Limited amount to ₹ 5.42 Cr.

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