CVG Security Solutions Private Limited

CVG Security Solutions Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U52335GJ2011PTC065619 Incorporated 26 May 2011 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹1.62 Cr
▼ 4% YoY
Net loss · FY 2019
₹35.4 Lakh
Net margin -21.9%
EBITDA · FY 2019
-₹13.36 Lakh
EBITDA margin -8.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹30 Lakh
No open charges
Company age
15 yrs
Est. 2011
Directors on board
5
As per MCA filings

About CVG Security Solutions Private Limited

Data last updated:

CVG Security Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 26 May 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52335GJ2011PTC065619. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Chanakya Vision Safety Private Limited. It is led by directors including Gauravkumar Ramanbhai Patel and Shantibhai Kanjibhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1 – Celler Vraj Vihar Tower Nr.Prerna Tireth Derasar Satelite, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.62 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹35.4 Lakh (net margin -21.9%) and EBITDA of -₹13.36 Lakh (EBITDA margin -8.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.

As per MCA filings, the company has satisfied charges of ₹30 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cvgindia.com.

Company Details of CVG Security Solutions Private Limited
CIN U52335GJ2011PTC065619
Registration Number 065619
Incorporation Date 26 May 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    1 – Celler Vraj Vihar Tower Nr.Prerna Tireth Derasar Satelite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Information Technology, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for CVG Security Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of CVG Security Solutions Private Limited

The main business activity of CVG Security Solutions is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Auditor Details of CVG Security Solutions Private Limited

CVG Security Solutions Private Limited is audited by JAYESH CHANDALA & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
JAYESH CHANDALA & COLockedLockedLocked
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Board of Directors of CVG Security Solutions Private Limited

CVG Security Solutions has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhavanaben Vijaykumar PatelAdditional Director19 Oct 20205 Years 11 MonthsCurrent
Vijaykumar Babubhai PatelAdditional Director19 Oct 20205 Years 11 MonthsCurrent
Gauravkumar Ramanbhai PatelDirector31 Mar 201511 Years 6 MonthsCurrent
Shantibhai Kanjibhai PatelDirector26 May 201115 Years 4 MonthsCurrent
Jitendrakumar Viththalbhai PatelDirector26 May 201115 Years 4 MonthsCurrent

Financials of CVG Security Solutions Private Limited FY 2019 filings available

CVG Security Solutions Private Limited reported revenue of ₹1.62 Cr (down 4% YoY) for FY 2019.

Revenue · FY 2019
₹1.62 Cr ▼ 4%
Net loss · FY 2019
₹35.4 Lakh margin -21.9%
EBITDA · FY 2019
-₹13.36 Lakh margin -8.3%

Compounded Annual Growth Rate (CAGR) of CVG Security Solutions Private Limited

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 163%
3 years · compounded
▼ 39%

Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 4% fall in the latest year. EBITDA fell 163% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of CVG Security Solutions Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹1.62 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹13.36 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹35.4 Lakh••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of CVG Security Solutions Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-8.3%••••••••••••••••
Net Profit Margin-21.9%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of CVG Security Solutions are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of CVG Security Solutions Private Limited

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Charges & Borrowings of CVG Security Solutions Private Limited

Open charges
None
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
The Mehsana Nagarik Sahkari Bank Ltd.₹0.30 Cr
Latest charge details
DateLenderAmountStatus
02 Jul 2012The Mehsana Nagarik Sahkari Bank Ltd.₹30 LakhSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at CVG Security Solutions Private Limited

Employment history and EPFO contributions of people linked to CVG Security Solutions.

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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of CVG Security Solutions Private Limited

CVG Security Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for CVG Security Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by CVG Security Solutions Private Limited

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Subsidiaries & Group Companies of CVG Security Solutions Private Limited

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MCA Filings & Documents of CVG Security Solutions Private Limited

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Recent Activity on CVG Security Solutions Private Limited

Directors
19 Oct 2020
Bhavanaben Vijaykumar Patel was appointed as a Additional Director on 19 Oct 2020 & has been associated with this company since 5 years 11 months.
Directors
19 Oct 2020
Vijaykumar Babubhai Patel was appointed as a Additional Director on 19 Oct 2020 & has been associated with this company since 5 years 11 months.
Activity
30 Sep 2019
Cvg Security Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Activity
31 Mar 2019
Cvg Security Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.
Charges
30 May 2016
A charge registered on 02 Jul 2012 via Charge ID 10365374 with The Mehsana Nagarik Sahkari Bank Ltd. was fully satisfied on 30 May 2016.
Directors
31 Mar 2015
Gauravkumar Ramanbhai Patel was appointed as a Director on 31 Mar 2015 & has been associated with this company since 11 years 6 months.

Frequently Asked Questions about CVG Security Solutions Private Limited

CVG Security Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 26 May 2011 (15+ years old) and is registered under CIN U52335GJ2011PTC065619.

CVG Security Solutions reported revenue of ₹1.62 Cr for FY 2019 (down 4% YoY).

CVG Security Solutions has 5 current directors:

CVG Security Solutions reported a net loss of ₹35.4 Lakh (net margin -21.9%) and EBITDA of -₹13.36 Lakh (EBITDA margin -8.3%) for FY 2019, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of CVG Security Solutions is -6% over three years. In the latest year (FY 2019) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.

No. CVG Security Solutions has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of CVG Security Solutions is U52335GJ2011PTC065619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

CVG Security Solutions has 6 court cases on record: 6 filed against it. 1 is pending.

CVG Security Solutions was incorporated on 26 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

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