About Vignyan Industries Limited
Data last updated:
Vignyan Industries Limited is a public limited company based in Chikamagalur, Karnataka, India, a subsidiary of Beml Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 25 September 1963.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51101KA1963PLC001510. Its GSTIN is 29AAACV9658A1Z3 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.79 Cr. It was formerly known as The Vignyan Industries Limited and The Vignyan Industries P Limited. It is led by directors including Shanmukh Muchinamane Lingappa and Ajit Kumar Srivastav.
Its last annual general meeting (AGM) was held on 09 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Haliyur B.H.Road. Tarikere Post Chikamagalur Dist, Karnataka, India – 577228.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.45 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹6.12 Cr (net margin -423.2%) and EBITDA of -₹4.84 Cr (EBITDA margin -334.2%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 46% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.84 Cr and satisfied charges of ₹11.17 Cr on record.
The last known website on record is bemlindia.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHaliyur B.H.Road. Tarikere Post Chikamagalur Dist, Karnataka, India – 577228
- IndustryManufacturing, Die Casting & Metal Forming
- 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
- One PDF report, delivered after checkout
Name History of Vignyan Industries Limited
Vignyan Industries has undergone 2 name changes throughout its history. The company was previously known as The Vignyan Industries Limited, and The Vignyan Industries P Limited. The current legal name is Vignyan Industries Limited.
| Company Name | Status |
|---|---|
| Vignyan Industries Limited | Current |
| The Vignyan Industries Limited | Previous |
| The Vignyan Industries P Limited | Previous |
CIN History of Vignyan Industries Limited
Vignyan Industries has one previous CIN (Corporate Identification Number): U51101KA1963PTC001510. The current CIN is U51101KA1963PLC001510, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101KA1963PLC001510 | Current |
| U51101KA1963PTC001510 | Previous |
Business Activity of Vignyan Industries Limited
The main business activity of Vignyan Industries is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Vignyan Industries Limited
Vignyan Industries Limited is audited by SUDARSHAN ABILESH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDARSHAN ABILESH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Vignyan Industries Limited
Vignyan Industries has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Srivastav | Nominee Director | 01 Nov 2020 | 5 Years 11 Months | As last reported |
| Malyala Venkata Rajasekhar | Nominee Director | 01 Jun 2019 | 7 Years 4 Months | As last reported |
| Shanmukh Muchinamane Lingappa Also directs: Dhatutech LLP | Director | 26 Aug 2020 | 6 Years 1 Months | As last reported |
Financials of Vignyan Industries Limited FY 2021 filings available
Vignyan Industries Limited reported revenue of ₹1.45 Cr (down 90% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Vignyan Industries Limited
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 90% fall in the latest year. EBITDA fell 39% 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 of Vignyan Industries Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.45 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.12 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 of Vignyan Industries Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -334.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -423.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vignyan Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vignyan Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vignyan Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 May 2021 | Others | ₹11.84 Cr | Open |
| 11 Sep 2008 | State Bank of Mysore Tarikere Branch | ₹7.5 Cr | Satisfied |
| 28 May 2001 | State Bank of Mysore | ₹2 Cr | Satisfied |
| 29 Nov 1997 | Bharat Earth Movers Ltd | ₹1.67 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Vignyan Industries Limited
Vignyan Industries Limited has a workforce of 70 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Vignyan Industries Limited
Vignyan Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACV9658A1Z3 | Karnataka | Active | 01 Jul 2017 |
| 29AAACV9658A1DC | Karnataka | Active | 13 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Vignyan Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vignyan Industries Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vignyan Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vignyan Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Vignyan Industries Limited
Recent News on Vignyan Industries Limited
Frequently Asked Questions about Vignyan Industries Limited
Vignyan Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Vignyan Industries is a company under liquidation, formerly operating as a public limited company based in Chikamagalur, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 25 September 1963 and is registered under CIN U51101KA1963PLC001510. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vignyan Industries reported revenue of ₹1.45 Cr for FY 2021 (down 90% YoY).
Vignyan Industries has 3 current directors:
- Ajit Kumar Srivastav - Nominee Director
- Malyala Venkata Rajasekhar - Nominee Director
- Shanmukh Muchinamane Lingappa - Director
Vignyan Industries reported a net loss of ₹6.12 Cr (net margin -423.2%) and EBITDA of -₹4.84 Cr (EBITDA margin -334.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vignyan Industries is -64% over three years and -46% over five years. In the latest year (FY 2021) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Vignyan Industries is U51101KA1963PLC001510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vignyan Industries has open charges of ₹11.84 Cr and satisfied charges of ₹11.17 Cr as per latest MCA filings.
Vignyan Industries was incorporated on 25 September 1963. It is registered with the Registrar of Companies, Bangalore.