Vassar Labs It Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.10 M
- Paid Up Capital ₹ 1.00 M
- Company Age 10 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.82 Cr
- Revenue Growth 68.89%
- Profit Growth 269.84%
- Ebitda 524.14%
- Net Worth 25.98%
- Total Assets -29.85%
About Vassar Labs It Solutions
Vassar Labs It Solutions Private Limited (VLISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 2014 and has a history of Ten years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.10 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹18.82 Cr.
Laxmiprasad Putta, Potineni Rao, Potineni Rani, and One other member serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72500AP2014PTC095357
- Company No.
095357
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Information Technology
Vassar Labs It Solutions Private Limited
Explore comprehensive data for Vassar Labs It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vassar Labs It Solutions?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Laxmiprasad Putta  | Director | 19-Sep-2014 | Current |
Potineni Rao  | Director | 19-Sep-2014 | Current |
| Potineni Rani | Director | 19-Sep-2014 | Current |
| Teja Potineni | Director | 19-Sep-2014 | Current |
Financial Performance of Vassar Labs It Solutions.
Vassar Labs It Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 68.89% increase. The company also saw a substantial improvement in profitability, with a 269.84% increase in profit. The company's net worth Soared by an impressive increase of 25.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vassar Labs It Solutions?
Unlock access to Vassar Labs It Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Inkriti Solutions Private LimitedLaxmiprasad Putta, Potineni Rao and 1 more are mutual person
Nu Hospitals Private LimitedPotineni Rao is a mutual person
Vindhya Agricultural Farms Private LimitedPotineni Rao and Potineni Rani are mutual person
- Swathi Delicious Private Limited
Potineni Rao is a mutual person
- Vindhya Vahini Food Processing Private Limited
Potineni Rao and Potineni Rani are mutual person
- Swathi Greenfields Private Limited
Potineni Rao and Potineni Rani are mutual person
Charges (Loans)
Open Charges
₹188.18 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 17.32 Cr
- Axis Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2022 | Others | ₹16.90 Cr | Open |
| 23 Jul 2020 | Others | ₹4.18 M | Open |
| 22 Sep 2015 | Axis Bank Limited | ₹1.50 Cr | Open |
How Many Employees Work at Vassar Labs It Solutions?
Vassar Labs It Solutions has a workforce of 63 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vassar Labs It Solutions, 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 Vassar Labs It Solutions's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Vassar Labs It Solutions
Recent activity within the organization
- Annual General Meeting
Vassar Labs It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vassar Labs It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge with Others amounted to Rs. 169.00 M with Charge ID 100643350 was registered on 26 Oct 2022.
- Charges
A charge with Others amounted to Rs. 4.18 M with Charge ID 100363332 was registered on 23 Jul 2020.
- Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 M with Charge ID 10598477 was registered on 22 Sep 2015.
- Director Appointment
Laxmiprasad Putta was appointed as a Director was appointed as a Director on 19 Sep 2014 & has been associated with this company since 10 years 7 months .
Recent News, Updates & Announcement
Cyclone Fani Exacerbates Drought Crisis in Maharashtra and Karnataka, Hyderabad Startup Offers Innovative Solutions.When cyclone Fani hit Odisha and West Bengal, it worsened the already dire drought situation in Maharashtra and Karnataka. With a majority of farmers relying on rain for irrigation, a bad monsoon can lead to crop failure and debt, resulting in a high number of farmer suicides. Hyderabad-based startup Vassar Labs is using technology like IoT and machine learning to provide real-time solutions to these issues. They have already helped over 18,000 villages and are now expanding to other states..
Frequently asked questions
What is the Incorporation or founding date of Vassar Labs It Solutions Private Limited?
Vassar Labs It Solutions Private Limited was incorporated on 19 Sep 2014.
What is authorized share capital and paid-up capital of Vassar Labs It Solutions Private Limited?
The authorized share capital of Vassar Labs It Solutions Private Limited is ₹ 1.10 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Vassar Labs It Solutions Private Limited?
Currently 4 directors are associated with Vassar Labs It Solutions Private Limited.
- Laxmiprasad Putta
- Potineni Koteswara Rao
- Potineni Vindhya Rani
- Teja Potineni
What is the registered address of Vassar Labs It Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vassar Labs It Solutions Private Limited is 50-96-12/8 T. P. T. Colony Seetammadhara Visakhapatnam, India, Visakhapatanam, Andhra Pradesh, 530013.
What is the corporate identification number (CIN) and company number of Vassar Labs It Solutions Private Limited?
The corporate identification number (CIN) of Vassar Labs It Solutions Private Limited is U72500AP2014PTC095357 and the company number is 095357 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vassar Labs It Solutions Private Limited?
The Official website of Vassar Labs It Solutions Private Limited is https://www.vassarlabs.com
What has been the recent revenue trend for Vassar Labs It Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Vassar Labs It Solutions Private Limited has risen by 68.89%.
How many employees does Vassar Labs It Solutions Private Limited currently have?
As Per 2022 financial reports, 63 employees are currently employed by Vassar Labs It Solutions Private Limited.
What change has been observed in the net worth of Vassar Labs It Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Vassar Labs It Solutions Private Limited has experienced an upsurge of 25.98%.
What are the total open charges for Vassar Labs It Solutions Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Vassar Labs It Solutions Private Limited amount to ₹ 18.82 Cr.
When was the last Balance Sheet of Vassar Labs It Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Vassar Labs It Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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