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Vascon Engineers Limited

An EPC company involved in real estate development, hospitality, and manufacturing and BMS systems.

1986 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

12 days ago

Vascon Engineers Limited is a renowned engineering, procurement, and construction (EPC) company. The company's focus lies in real estate development, hospitality, and manufacturing and building management system (BMS). The company's operations are divided into various segments, namely EPC, real estate development, hotel, and manufacturing and BMS. The EPC segment is responsible for the construction of residential, commercial, industrial, and other structures. On the other hand, the real estate development segment is involved in the development of residential, hotel premises, and industrial parks. The hotel segment of the company is dedicated to hoteliering activities. Additionally, VEL's manufacturing and BMS segment specializes in the production of clean room partitions and building mana... Read More

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNL70100PN1986PLC175750
Company No.175750
Stock Symbol BSE : 533156 NSE : ASCONEQ
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date01 Jan 1986
Date of AGM26 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Pune

Products or Services related to Vascon Engineers Limited

EPC Services

Industrial Appliances Repair & Maintenance

Residential Building Construction Service

Residential Construction Service

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Vascon Engineers Limited offers a wide range of products and services, including: Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Residential Construction Projects, Residential Construction Service.

Financials of Vascon Engineers Limited

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Vascon Engineers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.14% increase. The company also saw a substantial improvement in profitability, with a 190.82% increase in profit. The company's net worth Soared by an impressive increase of 15.95%.

Enhance accessibility to Vascon Engineers's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Vascon Engineers Limited

Executive Team (4)

  • somnath_biswas_7543.png
    Somnath Biswas In CFO

    Appointment Date: 01-Sep-2019

    Status: Current

  • dr_santosh_sundararajan_27880.png
    Santosh Sundararajan In CEO

    Appointment Date: 01-Apr-2014

    Status: Current

  • SA

    Sarita Ahuja Company Secretary

    Appointment Date: 01-Feb-2023

    Status: Current

  • SM

    Siddharth Moorthy In Managing Director

    Appointment Date: 29-Mar-2018

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹393.70 cr

₹1,717.53 cr

LenderAmountStatus

Karnataka Bank Ltd.

Creation Date: 06 Oct 2023
₹10.00 CrOpen

Others

Creation Date: 17 Aug 2023
₹21.60 CrOpen

Others

Creation Date: 18 Apr 2023
₹15.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Vascon Engineers, 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 Vascon Engineers's trajectory.

Rating

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Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 10.00 cr with Charge ID 100803621 was registered on 06 Oct 2023.

    06 Oct 2023
  • Activity

    Charges

    A charge with Others of Rs. 21.60 cr registered on 17 Aug 2023 with Charge ID 100772350 was modified on 06 Oct 2023.

    06 Oct 2023
  • Activity

    Annual General Meeting

    Vascon Engineers Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 21.60 cr with Charge ID 100772350 was registered on 17 Aug 2023.

    17 Aug 2023
  • Activity

    Charges

    A charge with Sbicap Trustee Company Limited of Rs. 92.00 cr registered on 10 Dec 2019 with Charge ID 100312908 was modified on 30 Jun 2023.

    30 Jun 2023

Frequently asked questions

What is the Incorporation or founding date of Vascon Engineers Limited?

Vascon Engineers Limited was incorporated 38 years 4 months ago on 01 Jan 1986 with Registrar of Companies Roc Pune.

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