Vruddhi Engineering Works Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.52 Cr
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.48 Cr
- Satisfied Charges ₹ 3.15 Cr
- Revenue Growth 493.53%
- Profit Growth 663.00%
- Ebitda 582.00%
- Net Worth 1149.37%
- Total Assets 594.14%
About Vruddhi Engineering Works
Vruddhi Engineering Works Limited (VEWL) is a Public Limited Indian Non-Government Company incorporated in India on 27 October 2020 (Four years and six months 15 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Vruddhi Steel 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.52 Cr.
The company currently has active open charges totaling ₹5.48 Cr. The company has closed loans amounting to ₹3.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vruddhi Engineering Works Limited India are Hiral Gandhi as CFO and Kishori Pawde as Company Secretary. Shivani Joshi, Varsha Mehta, Karan Doshi, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28246MH2020PLC348853
- Company No.
348853
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Oct 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Engineering
What products or services does Vruddhi Engineering Works Limited offer?
Vruddhi Engineering Works Limited offers a wide range of products and services, including Metal Pipe & Plumbing Fittings, Pipe Caps, Pipe Couplings, Nails, Fasteners, Rivets & Shackles, Threaded Rods, Industrial & Engineering Goods, Couplings, Casting, Moulding & Forging Machines, Forging Machinery, Bending & Metalwork Machines.
Vruddhi Engineering Works Limited
Explore comprehensive data for Vruddhi Engineering Works Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vruddhi Engineering Works?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiral Gandhi  | CFO | 24-Mar-2023 | Current |
| Kishori Pawde | Company Secretary | 01-Jul-2023 | Current |
| Bindi Mehta | Managing Director | 27-Oct-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shivani Joshi | Director | 24-Mar-2023 | Current |
| Varsha Mehta | Whole-Time Director | 22-Dec-2022 | Current |
| Karan Doshi | Director | 24-Mar-2023 | Current |
| Ankita Kothari | Director | 24-Mar-2023 | Current |
| Vedant Mehta | Whole-Time Director | 27-Oct-2020 | Current |
Financial Performance of Vruddhi Engineering Works.
Vruddhi Engineering Works Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 493.53% increase. The company also saw a substantial improvement in profitability, with a 663% increase in profit. The company's net worth Soared by an impressive increase of 1149.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vruddhi Engineering Works?
In 2023, Vruddhi Engineering Works had a promoter holding of 97.50% and a public holding of 2.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Ankita Kothari is a mutual person
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Charges (Loans)
Open Charges
₹5.48 Cr
Satisfied Charges
₹3.15 Cr
Charges Breakdown by Lending Institutions
- Others : 5.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2024 | Others | ₹4.12 M | Open |
| 27 Jun 2024 | Others | ₹5.00 Cr | Open |
| 31 Jan 2022 | Others | ₹0.69 M | Open |
| 15 Nov 2022 | Canara Bank | ₹3.15 Cr | Satisfied |
How Many Employees Work at Vruddhi Engineering Works?
Unlock and access historical data on people associated with Vruddhi Engineering Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vruddhi Engineering Works, 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 Vruddhi Engineering Works'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.
Latest Updates, News, and FAQs on Vruddhi Engineering Works
Recent activity within the organization
- Charges
A charge registered on 15 Nov 2022 via Charge ID 100678986 with Canara Bank was fully satisfied on 14 Aug 2024.
- Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100942146 was registered on 27 Jun 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100942147 was registered on 27 Jun 2024.
- Annual General Meeting
Vruddhi Engineering Works Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Kishori Gulab Pawde was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2023 & has been associated with this company since 1 year 10 months .
- Charges
A charge with Canara Bank of Rs. 3.15 Cr registered on 15 Nov 2022 with Charge ID 100678986 was modified on 06 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Vruddhi Engineering Works Limited?
Vruddhi Engineering Works Limited was incorporated on 27 Oct 2020.
What is authorized share capital and paid-up capital of Vruddhi Engineering Works Limited?
The authorized share capital of Vruddhi Engineering Works Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.52 Cr.
Who are the current board members & directors of Vruddhi Engineering Works Limited?
Currently 8 directors are associated with Vruddhi Engineering Works Limited.
- Hiral Rushang Gandhi
- Kishori Gulab Pawde
- Shivani Kumari Joshi
- Varsha Mukesh Mehta
- Karan Manoj Doshi
- Ankita Rohan Kothari
- Bindi Kunal Mehta
- Vedant Mukesh Mehta
What is the registered address of Vruddhi Engineering Works Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vruddhi Engineering Works Limited is 1317 Hubtown Solaris N. S. Phadke Road Near Flyover Bridge, India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Vruddhi Engineering Works Limited?
The corporate identification number (CIN) of Vruddhi Engineering Works Limited is U28246MH2020PLC348853 and the company number is 348853 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vruddhi Engineering Works Limited?
The Official website of Vruddhi Engineering Works Limited is https://www.vruddhicouplers.com
What has been the recent revenue trend for Vruddhi Engineering Works Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vruddhi Engineering Works Limited has risen by 493.53%.
What change has been observed in the net worth of Vruddhi Engineering Works Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vruddhi Engineering Works Limited has experienced an upsurge of 1149.37%.
What are the total open charges for Vruddhi Engineering Works Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vruddhi Engineering Works Limited amount to ₹ 5.48 Cr.
When was the last Balance Sheet of Vruddhi Engineering Works Limited filed with the ROC?
The most recent Balance Sheet for Vruddhi Engineering Works Limited was filed with the ROC on 31 Mar 2023.
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