Award Velvets Private Limited logo

Award Velvets Private Limited

Manufacturer and distributor of various textile products including velvet, fabric, and handloom items.
1997 | New Delhi, Delhi (India) | Active

Last Updated:

June 16, 2024
HomeCompanyAward Velvets Private Limited

Who are the key members and board of directors at Award Velvets?

Board Members(3)

NameDesignationAppointment DateStatus
Jaya Chhabra In Director 26-Sep-1997Current
Ved Chhabra In Director 30-Sep-1998Current
Rajinder Kumar In Director 01-Apr-2008Current

Financial Performance of Award Velvets.

Award Velvets Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.48% increase. The company also saw a substantial fall in profitability, with a 27.9% decrease in profit. The company's net worth Soared by an impressive increase of 12.88%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.48%
Revenue from Operations
5.42%
Total Assets
20.50%
Profit or Loss
-27.90%
Net Worth
12.88%
EBITDA
7.95%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹50.50 M

₹82.20 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Oct 2023
₹1.00 MOpen

Others

Creation Date: 30 Mar 2022
₹4.95 CrOpen

Yes Bank Limited

Creation Date: 07 Mar 2019
₹3.05 CrSatisfied

How Many Employees Work at Award Velvets?

Award Velvets has a workforce of 22 employees as of Apr 02, 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.

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Latest Updates, News, and FAQs on Award Velvets

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100829996 was registered on 20 Oct 2023.

    20 Oct 2023

  • Annual General Meeting

    Award Velvets Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Award Velvets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 49.50 M with Charge ID 100554691 was registered on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge registered on 07 Mar 2019 via Charge ID 100261467 with Yes Bank Limited was fully satisfied on 29 Jul 2021.

    29 Jul 2021

  • Charges

    A charge registered on 07 Mar 2019 via Charge ID 100261583 with Yes Bank Limited was fully satisfied on 29 Jul 2021.

    29 Jul 2021

Frequently asked questions

  • Award Velvets Private Limited was incorporated on 26 Sep 1997.

  • The authorized share capital of Award Velvets Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.88 M.

  • Currently 3 directors are associated with Award Velvets Private Limited.

    • Jaya Chhabra
    • Ved Parkash Chhabra
    • Rajinder Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Award Velvets Private Limited is G-1/72 Laxmi Bhawan Nehru Place, New Delhi, India, 110019.

  • The corporate identification number (CIN) of Award Velvets Private Limited is U17211DL1997PTC089890 and the company number is 089890 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Award Velvets Private Limited has risen by 5.48%.

  • As Per 2023 financial reports, 22 employees are currently employed by Award Velvets Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Award Velvets Private Limited has experienced an upsurge of 12.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Award Velvets Private Limited amount to ₹ 5.05 Cr.

  • The most recent Balance Sheet for Award Velvets Private Limited was filed with the ROC on 31 Mar 2023.

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