About Vision Next India Private Limited
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Vision Next India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52334TN2005PTC056823. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Aravapuram Ramamurthy Ravi (Managing Director) and Devasena Ramakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 25/11 Ramanujam Street Off – Venkatanarayana Road T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.21 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹56,443 (net margin 0.5%) and EBITDA of ₹8.21 Lakh (EBITDA margin 6.8%).
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 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 visionnextindia.com.
Company details
Contact details
Vision Next India Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address25/11 Ramanujam Street Off – Venkatanarayana Road T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Vision Next India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vision Next India Private Limited, buy the company report.
Financials of Vision Next India Private Limited
FY 2016 filings availableVision Next India Private Limited reported revenue of ₹1.21 Cr (up 21% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹8.21 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹56,443 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.8% | |
| Net Profit Margin | 0.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Vision Next India Private Limited, buy the company report.
Board of directors of Vision Next India Private Limited
Vision Next India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aravapuram Ramamurthy Ravi | Managing Director | 06 Jul 2005 | 21 Years 3 Months | Current |
| Devasena Ramakrishnan | Director | 06 Jul 2005 | 21 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2011 | 10269426 | State Bank of India | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vision Next India Private Limited has 11 court cases on record: 5 filed by Vision Next India, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Shriram Chits Tamilnadu Pvt Ltd., | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by State Bank of India, Rep. by Chief Manager Mr. V.J. Cheriyan | Disposed |
| District court, Chennai, Tamil Nadu | Court case (RCA) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Court case (RCA) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by individuals | Disposed |
To see the full case history of Vision Next India 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 Vision Next India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vision Next India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vision Next India Private Limited, buy the company report.
Recent activity
Vision Next India Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Aravapuram Ramamurthy Ravi was appointed as Managing Director on 06 Jul 2005.
Frequently asked questions
Vision Next India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 06 July 2005 (21+ years old) and is registered under CIN U52334TN2005PTC056823.
Vision Next India has 2 current directors:
- Aravapuram Ramamurthy Ravi - Managing Director
- Devasena Ramakrishnan - Director
The latest financial statements of Vision Next India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Vision Next India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vision Next India is U52334TN2005PTC056823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vision Next India has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.
Vision Next India was incorporated on 06 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Aravapuram Ramamurthy Ravi was appointed as Managing Director on 06 Jul 2005. Devasena Ramakrishnan was appointed as Director on 06 Jul 2005.
Vision Next India can be reached through the website visionnextindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Vision Next India is at 2511 Ramanujam Street Off – Venkatanarayana Road T Nagar, Chennai, Tamil Nadu, India – 600017.
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