Vvbg Private Limited

Manufactures and distributes spectacle lenses, including single vision, progressive, and prescription glasses.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Vvbg Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 8.26 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Dec 2023
  • Satisfied Charges ₹ 7.03 Cr
  • Revenue Growth -13.96%
  • Profit Growth 18.92%
  • Ebitda 79.17%
  • Net Worth -529.89%
  • Total Assets 0.39%

About Vvbg

Vvbg Private Limited (VPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 1995 and has a history of 29 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Vijay Vision Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 8.50 Cr and a paid-up capital of Rs 8.26 Cr.

The company has closed loans amounting to ₹7.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Harish Gajjar, Puthuparambil Srees, and Manoj Kumar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33203MH1995PTC093210

  • Company No.

    093210

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1995

  • Date of AGM

    20 Jun 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Vvbg?

Board Members (3)

Name Designation Appointment Date Status
Harish Gajjar Country flag representing In Director 30-Sep-2005 Current
Puthuparambil Srees Country flag representing In Director 07-Feb-2023 Current
Manoj Kumar Country flag representing In Director 27-Nov-2020 Current

Financial Performance of Vvbg.

Vvbg Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.96% decrease. The company also saw a substantial improvement in profitability, with a 18.92% increase in profit. The company's net worth observed a substantial decline by a decrease of 529.89%.

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
-13.96%
Revenue from Operations
16.74%
Total Assets
0.39%
Profit or Loss
18.92%
Net Worth
-529.89%
EBITDA
79.17%

What is the Ownership and Shareholding Structure of Vvbg?

In 2022, Vvbg 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

₹0

Satisfied Charges

₹7.03 Cr

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India Limited : 5.80 Cr
  • Mandvi Co-Op Bank Ltd : 1.00 Cr
  • Mandvi Co-Operative Bank Ltd : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
18 Mar 2004 Mandvi Co-Op Bank Ltd ₹1.00 Cr Satisfied
10 Oct 2002 Mandvi Co-Operative Bank Ltd ₹2.25 M Satisfied
12 Jun 1996 Industrial Development Bank Of India Limited ₹5.80 Cr Satisfied

How Many Employees Work at Vvbg?

Vvbg has a workforce of 88 employees as of Mar 22, 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 Vvbg, 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 Vvbg'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 Vvbg

Recent activity within the organization

  • Annual General Meeting

    Vvbg Private Limited last Annual general meeting of members was held on 20 Jun 2024 as per latest MCA records.

    20 Jun 2024

  • Balance Sheet

    Vvbg Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Mumbai.

    31 Dec 2023

  • Director Appointment

    Puthuparambil Prabhakaran Srees was appointed as a Director was appointed as a Director on 07 Feb 2023 & has been associated with this company since 1 year 11 months .

    07 Feb 2023

  • Director Appointment

    Manoj Kumar was appointed as a Director was appointed as a Director on 27 Nov 2020 & has been associated with this company since 4 years 2 months .

    27 Nov 2020

  • Director Appointment

    Harish Kishorekumar Gajjar was appointed as a Director was appointed as a Director on 30 Sep 2005 & has been associated with this company since 19 years 4 months .

    30 Sep 2005

  • Charges

    A charge registered on 18 Mar 2004 via Charge ID 90158347 with Mandvi Co-Op Bank Ltd was fully satisfied on 01 Nov 2004.

    01 Nov 2004

Frequently asked questions

  • Vvbg Private Limited was incorporated on 28 Sep 1995.

  • The authorized share capital of Vvbg Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.26 Cr.

  • Currently 3 directors are associated with Vvbg Private Limited.

    • Harish Kishorekumar Gajjar
    • Puthuparambil Prabhakaran Srees
    • Manoj Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vvbg Private Limited is Unit No. 1503 15Th Floor A Wing Naman Midtown Prabhadevi, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Vvbg Private Limited is U33203MH1995PTC093210 and the company number is 093210 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vvbg Private Limited is https://www.claritylens.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vvbg Private Limited has fallen by -13.96%.

  • As Per 2022 financial reports, 88 employees are currently employed by Vvbg Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vvbg Private Limited has experienced an downturn of -529.89%.

  • The most recent Balance Sheet for Vvbg Private Limited was filed with the ROC on 31 Dec 2023.

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