Vtotech Seating Systems Private Limited

Manufacturer and supplier of office chairs, tables, and furniture for various clients.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: December 17, 2024

Vtotech Seating Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 1.05 M
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.51 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth -11.37%
  • Profit Growth -5536.61%
  • Ebitda -411.85%
  • Net Worth -196.53%
  • Total Assets -1.91%

About Vtotech Seating Systems

Vtotech Seating Systems Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 March 1998 and has a history of 26 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.10 M and a paid-up capital of Rs 1.05 M.

The company currently has active open charges totaling ₹1.51 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhruv Panchal and Kirti Panchal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vtotech.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36100MH1998PTC113979

  • Company No.

    113979

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Vtotech Seating Systems Private Limited offer?

Vtotech Seating Systems Private Limited offers a wide range of products and services, including Plastic Furniture & Supplies, Plastic Chairs & Chairs Set, Office Chairs, Mesh Executive Chair, Furniture Fittings & Hardware, Table Parts, Waiting Chairs, Visitor Chair, Revolving Chair, Bar Furniture.

Who are the key members and board of directors at Vtotech Seating Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Dhruv Panchal Country flag representing In Director 05-Feb-2016Current
Kirti Panchal Country flag representing In Director 16-Mar-1998Current

Financial Performance of Vtotech Seating Systems.

Vtotech Seating Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.37% decrease. The company also saw a substantial fall in profitability, with a 5536.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 196.53%.

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
-11.37%
Revenue from Operations
-11.35%
Total Assets
-1.91%
Profit or Loss
-5536.61%
Net Worth
-196.53%
EBITDA
-411.85%

What is the Ownership and Shareholding Structure of Vtotech Seating Systems?

Unlock access to Vtotech Seating Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.12 M

Satisfied Charges

₹23.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.12 Cr
  • Others : 0.35 Cr
  • The Shamrao Vithal Co-Op. Bank Ltd. : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2021Yes Bank Limited₹6.57 MOpen
26 Mar 2021Yes Bank Limited₹4.60 MOpen
28 Jan 2019Others₹3.50 MOpen
30 Mar 2000The Shamrao Vithal Co-Op. Bank Ltd.₹0.45 MOpen
28 Jun 2013Hdb Financial Services Limited₹1.10 CrSatisfied

How Many Employees Work at Vtotech Seating Systems?

Unlock and access historical data on people associated with Vtotech Seating Systems, 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 Vtotech Seating Systems, 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 Vtotech Seating Systems'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 Vtotech Seating Systems

Recent activity within the organization

  • Annual General Meeting

    Vtotech Seating Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vtotech Seating Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 6.57 M with Charge ID 100466101 was registered on 29 Jul 2021.

    29 Jul 2021

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.60 M with Charge ID 100437792 was registered on 26 Mar 2021.

    26 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 3.50 M with Charge ID 100240208 was registered on 28 Jan 2019.

    28 Jan 2019

  • Charges

    A charge registered on 28 May 1998 via Charge ID 80049033 with The Shamrao Vithal Co-Op. Bank Ltd. was fully satisfied on 05 Mar 2018.

    05 Mar 2018

Frequently asked questions

  • Vtotech Seating Systems Private Limited was incorporated on 16 Mar 1998.

  • The authorized share capital of Vtotech Seating Systems Private Limited is ₹ 1.10 M and paid-up capital is ₹ 1.05 M.

  • Currently 2 directors are associated with Vtotech Seating Systems Private Limited.

    • Dhruv Kirti Panchal
    • Kirti Manchand Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vtotech Seating Systems Private Limited is 15 Floor-G Plot-470/471 Bussa Industrial Estate Century Bazaar Lane Worli, India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Vtotech Seating Systems Private Limited is U36100MH1998PTC113979 and the company number is 113979 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vtotech Seating Systems Private Limited is https://www.vtotech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vtotech Seating Systems Private Limited has fallen by -11.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vtotech Seating Systems Private Limited has experienced an downturn of -196.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vtotech Seating Systems Private Limited amount to ₹ 1.51 Cr.

  • The most recent Balance Sheet for Vtotech Seating Systems Private Limited was filed with the ROC on 31 Mar 2024.

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