VNG Technology Private Limited
About VNG Technology Private Limited
Data last updated:
VNG Technology Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Raneal Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 December 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31401GJ2011PTC147132.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Raghavendra Rao Hosakote Shamarao and Suresh Babu Anand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.64 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹20.33 Cr and EBITDA of ₹21.15 Cr. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 61% over five years.
As per MCA filings, the company had satisfied charges of ₹710 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2015. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Sunda India Technology Private Limited with revenue of ₹2.65 Cr.
Company details
CIN history
VNG Technology has one previous CIN (Corporate Identification Number): U31401KA2011PTC061629. The current CIN is U31401GJ2011PTC147132, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31401GJ2011PTC147132 | Current |
| U31401KA2011PTC061629 | Previous |
Contact details
VNG Technology Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Akshat Tower Nr Pakwan Dining Hall, S.G. Road, Ahmedabad, Gujarat, India – 380054
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of VNG Technology 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 VNG Technology Private Limited
FY 2024 filings availableVNG Technology Private Limited reported revenue of ₹2.64 Cr (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 95% fall in the latest year. EBITDA fell 69% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.15 Cr | ||||
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| Net Profit (PAT) | ₹20.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of VNG Technology Private Limited, buy the company report.
Board of directors of VNG Technology Private Limited
VNG Technology has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghavendra Rao Hosakote Shamarao | Director | 14 Dec 2011 | 14 Years 10 Months | As last reported |
| Suresh Babu Anand | Nominee Director | 17 Jun 2021 | 5 Years 4 Months | As last reported |
Peer comparison
VNG Technology Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunda India Technology Private Limited | ₹2.65 Cr (FY 2023) | -78.0% | Delhi, India | |||
| Natureraise Technologies Private Limited | ₹2.65 Cr (FY 2025) | 64.0% | Bangalore, Karnataka, India | |||
| Barch Electric Private Limited | ₹2.65 Cr (FY 2021) | 24.0% | Ernakulam, Kerala, India | |||
| Lemon Home Appliances Private Limited | ₹2.65 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Redical Manufacturing Gateway Private Limited | ₹2.64 Cr (FY 2018) | Delhi, India | ||||
| VNG Technology Private Limitedthis company | ₹2.64 Cr (FY 2024) | ₹20.33 Cr | -95.0% | Ahmedabad, Gujarat, India | ||
| VS Retails Private Limited | ₹2.63 Cr (FY 2024) | -53.0% | Mumbai, Maharashtra, India | |||
| F Tconsumer Products India Private Limited | ₹2.63 Cr (FY 2025) | -44.0% | Kanayannur, Kerala, India | |||
| TFT Bonding Solutions Private Limited | ₹2.63 Cr (FY 2025) | 142.0% | Hyderabad, Telangana, India | |||
| Aftab Electronics Pvt Ltd | ₹2.62 Cr (FY 2024) | 31.0% | Mumbai, Maharashtra, India | |||
| Nisya Electricals India Private Limited | ₹2.62 Cr (FY 2024) | -33.0% | Vadodara, Gujarat, India |
To see the full peer comparison of VNG Technology Private Limited, buy the company report.
Auditor
VNG Technology Private Limited is audited by RAJAGOPAL A for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAGOPAL A | FY 2023 | 013425 |
Shareholding
The shareholding of VNG Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VNG Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2022 | 100625805 | State Bank of India | ₹435 Cr | Satisfied | |
| 02 Aug 2022 | 100599520 | Others | ₹275 Cr | Satisfied |
To see the full charge records of VNG Technology Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
VNG Technology Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
VNG Technology Private Limited has 4 court cases on record: 4 filed by VNG Technology, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Company petition | Filed against the company by 1. M/S. VNG Technology Private Limited and 2 others | Disposed |
| High Court, KARNATAKA | Court case (AP.IM) | Filed by the company against DCX Cable Assemblies Private Limited (DCX) and 6 others | Disposed |
| NCLT, Bengaluru | Company petition | Filed by the company against VNG Technology Private Limited and 5 others | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of VNG Technology 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 VNG Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
VNG Technology has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for VNG Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
VNG Technology Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Balasubramani Ganesh ceased to be Additional Director on 18 Jun 2021.
2 earlier events are in the company report.
Frequently asked questions
VNG Technology has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
VNG Technology was a private limited company based in Ahmedabad, Gujarat, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 December 2011 and is registered under CIN U31401GJ2011PTC147132. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
VNG Technology was incorporated on 14 December 2011. It is registered with the Registrar of Companies, Ahmedabad.
VNG Technology had 2 directors:
- Raghavendra Rao Hosakote Shamarao - Director
- Suresh Babu Anand - Nominee Director
The CIN (Corporate Identification Number) of VNG Technology is U31401GJ2011PTC147132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of VNG Technology is at 401 Akshat Tower Nr Pakwan Dining Hall, S.G. Road, Ahmedabad, Gujarat, India – 380054.
The latest financial statements of VNG Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
VNG Technology operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
VNG Technology has 2 deals on record (2 secondary share transfers); the latest was in March 2015.
The peers of VNG Technology by revenue are Sunda India Technology Private Limited, Natureraise Technologies Private Limited, Barch Electric Private Limited, Lemon Home Appliances Private Limited, Redical Manufacturing Gateway Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
VNG Technology has 4 court cases on record: 4 filed by the company and 1 filed against it. Most are in the nclt.
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