
About VMC Systems Limited
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VMC Systems Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 20 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29199TG1997PLC026477. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹49.8 Cr. It was formerly known as Vuppala Magnetic Components Private Limited and Vuppala Magnetic Components Limited. It is led by directors including Vuppalapati Himabindu (Managing Director) and Bhagavatula Venkata Ramana (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 30 June 2012. The registered office is at Hyderabad, Telangana.
The company is associated with 1 brand: VMC. As per MCA filings, the company has open charges of ₹3,933.65 Cr and satisfied charges of ₹1,525.12 Cr on record. Court records list 126 cases involving the company, including 26 filed by the company and 100 filed against it; 22 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in May 2010.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vmcsystems.in.
Company details
Name history
VMC Systems has undergone 3 name changes throughout its history. The company was previously known as Vuppala Magnetic Components Private Limited, Vuppala Magnetic Components Limited, and Vuppalamritha Magnetic Components Limited. The current legal name is Vmc Systems Limited.
| Company Name | Status |
|---|---|
| VMC Systems Limited | Current |
| Vuppala Magnetic Components Private Limited | Previous |
| Vuppala Magnetic Components Limited | Previous |
| Vuppalamritha Magnetic Components Limited | Previous |
CIN history
VMC Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29199TG1997PLC026477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29199TG1997PLC026477 | Current |
| U29199AP1997PLC026477 | Previous |
| U29199AP1997PTC026477 | Previous |
Contact details
VMC Systems Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered Address4th Floor D No. 2 – 56/2/19 Vijaya Towers 100 Ft Road Khanamet Village Hitech Cit, Y Madhapur, Hyderabad, Telangana, India – 500081
- IndustryTelecom, Telecom Equipment & Tech Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
VMC Systems operates one associated brand: VMC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Networking and power communication products are designed and developed. | vmcsystems.in |
Financials of VMC Systems Limited
FY 2012 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of VMC Systems Limited, buy the company report.
Board of directors of VMC Systems Limited
VMC Systems has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagavatula Venkata Ramana | Whole-Time Director | 23 Sep 1998 | 28 Years 1 Months | Current |
| Vuppalapati Himabindu | Managing Director | 20 Feb 1997 | 29 Years 8 Months | Current |
| Vuppalapati Venkata Rama Rao | Whole-Time Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10605077 | Others | ₹42 Cr | Open | |
| 31 Dec 2013 | 10497044 | Corporation Bank | ₹3.5 Cr | Open | |
| 31 Oct 2013 | 10467159 | Others | ₹40 Cr | Open | |
| 04 Mar 2013 | 10416018 | Punjab National Bank | ₹395.24 Cr | Open | |
| 14 Feb 2013 | 10417359 | Others | ₹121.13 Cr | Open |
To see the full charge records of VMC Systems Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
VMC Systems Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in May 2010.
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Multiconsult Trustees Ltd Seller: Eight Roads Ventures |
| Oct 2008 | Acquisition | ₹110 Cr | Buyer: Eight Roads Ventures |
| Nov 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of VMC Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VMC Systems Limited has 126 court cases on record: 26 filed by VMC Systems, 100 filed against it. 22 cases are pending and 104 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 64 | 41 | 14 |
| District courts | 54 | 52 | 8 |
| NCLT | 5 | 5 | 0 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 126)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Criminal complaint | Filed against the company by JM Financial Asset Reconstruction Company Ltd. | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by JM Financial Asset Reconstruction Company Ltd | Pending |
| District court, Rangareddy, Telangana | Criminal complaint | Filed against the company by M/S Seven Energies Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by L and T Infrastructure Finance Company Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by L and T Finance Limited. | Pending |
To see the full case history of VMC Systems Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VMC Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VMC Systems has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of VMC Systems Limited, buy the company report.
Recent activity
VMC Systems Limited has 10 board changes on record since 1997: 3 appointments and 7 cessations. The latest: Abhinav Sinha ceased to be Alternate Director on 14 Nov 2013.
48 earlier events are in the company report.
Frequently asked questions
VMC Systems is an active public limited company based in Hyderabad, Telangana, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 20 February 1997 (29+ years old) and is registered under CIN U29199TG1997PLC026477.
VMC Systems has 3 current directors:
- Vuppalapati Himabindu - Managing Director
- Bhagavatula Venkata Ramana - Whole-Time Director
- Vuppalapati Venkata Rama Rao - Whole-Time Director
The latest financial statements of VMC Systems on record with the MCA are for the year ended 30 June 2012. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
No. VMC Systems has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of VMC Systems is U29199TG1997PLC026477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VMC Systems has 126 court cases on record: 26 filed by the company and 100 filed against it. 22 are pending. Most are in the high courts.
VMC Systems was incorporated on 20 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.
VMC Systems has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in May 2010.
Abhinav Sinha ceased to be Alternate Director on 14 Nov 2013. Coopoosamy Deven ceased to be Director on 14 Nov 2013. Owasil Abdool Azize ceased to be Director on 14 Nov 2013. VMC Systems has 10 board changes on record in total.
VMC Systems can be reached through the website vmcsystems.in. Its registered office is in Hyderabad, Telangana, India.