VSL Securities Private Limited
About VSL Securities Private Limited
Data last updated:
VSL Securities Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 21 May 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA2001PTC029030. Its GSTIN is 29AABCV4700G1ZH (Karnataka).
The company had an authorised share capital of ₹11 Cr and a paid-up capital of ₹8.6 Cr. It was led by directors Sarita Dudheria and Laxmi Pat Dudheria.
Its last annual general meeting (AGM) was held on 24 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No. 66 Nav Niketan Ground Floor K R Road Basavangudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.47 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Lakh (net margin 5.5%) and EBITDA of ₹50.67 Lakh (EBITDA margin 34.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 65% over five years.
As per MCA filings, the company had satisfied charges of ₹100 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company.
Company details
Contact details
VSL Securities Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 66 Nav Niketan Ground Floor K R Road Basavangudi, Bangalore, Karnataka, India – 560004
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of VSL Securities Private Limited, buy the company report.
- 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
Business activity
The main business activity of VSL Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of VSL Securities Private Limited, buy the company report.
Financials of VSL Securities Private Limited
FY 2021 filings availableVSL Securities Private Limited reported revenue of ₹1.47 Cr (down 42% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 65%. EBITDA fell 78% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹50.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.04 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.5% | ||||
| Net Profit Margin | 5.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of VSL Securities Private Limited, buy the company report.
Board of directors of VSL Securities Private Limited
VSL Securities has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarita Dudheria Also directs: VSL Realties Private Limited, VSL Growth Capital Private Limited | Director | 21 May 2001 | 25 Years 5 Months | As last reported |
| Laxmi Pat Dudheria | Director | 21 May 2001 | 25 Years 5 Months | As last reported |
Auditor
VSL Securities Private Limited is audited by PRADIP & POONAM for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP & POONAM | FY 2021 | 009720S |
Shareholding
The shareholding of VSL Securities Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of VSL Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2014 | 10533519 | Sagar Cements Ltd | ₹100 Cr | Satisfied |
To see the full charge records of VSL Securities Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
VSL Securities Private Limited has 10 court cases on record: 10 filed by VSL Securities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against M/S Sem India Systems Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Additicon Services India Pvt Ltd and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Additicon Services India Pvt Ltd and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against Ms Sem India Systems Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms. Sem India Systems Pvt. Ltd. and 6 others | Disposed |
To see the full case history of VSL Securities Private 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 VSL Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VSL Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCV4700G1ZH | Karnataka | Active | 13 Mar 2019 |
To see the full GST registrations and return filing status of VSL Securities Private Limited, buy the company report.
Recent activity
VSL Securities Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Geetika Khandelwal ceased to be Company Secretary on 01 Jun 2019.
Frequently asked questions
VSL Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
VSL Securities was a private limited company based in Bangalore, Karnataka, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 21 May 2001 and is registered under CIN U67120KA2001PTC029030. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
VSL Securities was incorporated on 21 May 2001. It is registered with the Registrar of Companies, Bangalore.
VSL Securities had 2 directors:
- Sarita Dudheria - Director
- Laxmi Pat Dudheria - Director
The CIN (Corporate Identification Number) of VSL Securities is U67120KA2001PTC029030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of VSL Securities is at No. 66 Nav Niketan Ground Floor K R Road Basavangudi, Bangalore, Karnataka, India – 560004.
The latest financial statements of VSL Securities on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 24 August 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of VSL Securities is 29AABCV4700G1ZH, registered in Karnataka.
VSL Securities operated in the financial services industry, in the diversified financial services segment.
VSL Securities has 10 court cases on record: 10 filed by the company. Most are in the district courts.