Vruddhi Engineering Works Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.52 Cr
- Company Age 4 Year, 3 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 three months 27 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
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.
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
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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.
Related Corporates (Common Directorship)
Kangaroo Caps Private LimitedVarsha Mehta and Bindi Mehta are mutual person
- Sabor Foods Llp
Varsha Mehta is a mutual person
- Kothari Drugs & Chemicals Private Limited
Ankita Kothari is a mutual person
- Kassel Realty Private Limited
Bindi Mehta and Vedant Mehta are mutual person
Charges (Loans)
₹5.48 Cr
₹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
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Alerts
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