About Vesta Equipment Private Limited
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Vesta Equipment Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2010PTC053710. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.87 Cr. It was formerly known as Vesta Equipments Private Limited. It is led by directors Ramamurthy Balasubramanian (Managing Director) and Sam Alumkal Thampi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at No.45 Nagarur Village Dasanapura Hobli Bangalore North Taluk, Karnataka, India – 562123.
As per the financials filed for FY 2015, the company reported a revenue of ₹15 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹3.99 Cr (net margin -26.6%) and EBITDA of -₹2.5 Cr (EBITDA margin -16.7%).
As per MCA filings, the company has open charges of ₹12.81 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
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 vestaequipment.com.
Company details
Contact details
Vesta Equipment Private Limited's registered office is in Bangalore, Karnataka. Its website is vestaequipment.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.45 Nagarur Village Dasanapura Hobli Bangalore North Taluk, Karnataka, India – 562123
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Vesta Equipment 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
Financials of Vesta Equipment Private Limited
FY 2015 filings availableVesta Equipment Private Limited reported revenue of ₹15 Cr (down 58% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹15 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹2.5 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹3.99 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -16.7% |
| Net Profit Margin | -26.6% |
| 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 Vesta Equipment Private Limited, buy the company report.
Board of directors of Vesta Equipment Private Limited
Vesta Equipment has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sam Alumkal Thampi | Director | 16 Mar 2011 | 15 Years 7 Months | Current |
| Ramamurthy Balasubramanian | Managing Director | 18 May 2010 | 16 Years 5 Months | Current |
Auditor
Vesta Equipment Private Limited is audited by VIJAY & RAJ for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY & RAJ | FY 2015 | 004689S |
Shareholding
The shareholding of Vesta Equipment Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vesta Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2011 | 10265561 | Bank of Maharashtra | ₹12.81 Cr | Open |
To see the full charge records of Vesta Equipment Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vesta Equipment Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Valvoline Cummins Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Valvoline Cummins Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Icici Bank Limited Rep Vishal Shukla | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Ms Valvoline Cummins Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bajaj Finance Ltd. | Disposed |
To see the full case history of Vesta Equipment 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 Vesta Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vesta Equipment Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Vesta Equipment 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.
To see the full GST registrations and return filing status of Vesta Equipment Private Limited, buy the company report.
Recent activity
Vesta Equipment Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Kannan Sankara Pandian ceased to be Nominee Director on 13 Dec 2013.
Frequently asked questions
Vesta Equipment is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 May 2010 (16+ years old) and is registered under CIN U29100KA2010PTC053710.
Vesta Equipment has 2 current directors:
- Ramamurthy Balasubramanian - Managing Director
- Sam Alumkal Thampi - Director
The latest financial statements of Vesta Equipment on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Vesta Equipment has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vesta Equipment is U29100KA2010PTC053710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vesta Equipment has 8 court cases on record: 8 filed against it.
Vesta Equipment was incorporated on 18 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Kannan Sankara Pandian ceased to be Nominee Director on 13 Dec 2013. Sam Alumkal Thampi was appointed as Director on 16 Mar 2011. Chand Basha ceased to be Director on 03 Nov 2010. Vesta Equipment has 6 board changes on record in total.
Vesta Equipment can be reached through the website vestaequipment.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Vesta Equipment is at No.45 Nagarur Village Dasanapura Hobli Bangalore North Taluk, Karnataka, India – 562123.
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