Covai Sree Velan Jewellers Private Limited

Designs and sells jewelry, established in 2011, based in Coimbatore.

2011 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Covai Sree Velan Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 2.50 Cr
  • Revenue Growth -5.76%
  • Profit Growth -247.19%
  • Ebitda -0.63%
  • Net Worth -3.65%
  • Total Assets -7.85%

About Covai Sree Velan Jewellers

Covai Sree Velan Jewellers Private Limited (CSVJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2011 and has a history of 13 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹2.50 Cr.

Subbannagounder Ashokan and Velingiri Kandasamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911TZ2011PTC017440

  • Company No.

    017440

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2011

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

Who are the key members and board of directors at Covai Sree Velan Jewellers?

Board Members (2)

Name Designation Appointment Date Status
Subbannagounder Ashokan Country flag representing In Director 22-Sep-2011 Current
Velingiri Kandasamy Country flag representing In Director 22-Sep-2011 Current

Financial Performance of Covai Sree Velan Jewellers.

Covai Sree Velan Jewellers Private Limited, for the financial year ended 2015, experienced Minor drop in revenue, with a 5.76% decrease. The company also saw a substantial fall in profitability, with a 247.19% decrease in profit. The company's net worth dipped by a decrease of 3.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-5.76%
Revenue from Operations
-5.90%
Total Assets
-7.85%
Profit or Loss
-247.19%
Net Worth
-3.65%
EBITDA
-0.63%

What is the Ownership and Shareholding Structure of Covai Sree Velan Jewellers?

In 2015, Covai Sree Velan Jewellers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2012 The Karur Vysya Bank Limited ₹2.50 Cr Open

How Many Employees Work at Covai Sree Velan Jewellers?

Covai Sree Velan Jewellers has a workforce of 0 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covai Sree Velan Jewellers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Covai Sree Velan Jewellers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Covai Sree Velan Jewellers

Recent activity within the organization

  • Annual General Meeting

    Covai Sree Velan Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Covai Sree Velan Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Coimbatore.

    31 Mar 2015

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 2.50 Cr with Charge ID 10366695 was registered on 21 Mar 2012.

    21 Mar 2012

  • Director Appointment

    Subbannagounder Ashokan was appointed as a Director was appointed as a Director on 22 Sep 2011 & has been associated with this company since 13 years 4 months .

    22 Sep 2011

  • Director Appointment

    Velingiri Kandasamy was appointed as a Director was appointed as a Director on 22 Sep 2011 & has been associated with this company since 13 years 4 months .

    22 Sep 2011

  • Company Incorporation

    Covai Sree Velan Jewellers Private Limited was registered on 22 Sep 2011 with Roc Coimbatore & aged 13 years 4 months as per MCA records.

    22 Sep 2011

Frequently asked questions

  • Covai Sree Velan Jewellers Private Limited was incorporated on 22 Sep 2011.

  • The authorized share capital of Covai Sree Velan Jewellers Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 2 directors are associated with Covai Sree Velan Jewellers Private Limited.

    • Subbannagounder Ashokan
    • Velingiri Kandasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covai Sree Velan Jewellers Private Limited is Aishwarya Mahal 497 Crosscut Road Opp. Power House, Gandhipuram India, Coimbatore, Tamil Nadu, 641012.

  • The corporate identification number (CIN) of Covai Sree Velan Jewellers Private Limited is U36911TZ2011PTC017440 and the company number is 017440 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Covai Sree Velan Jewellers Private Limited has fallen by -5.76%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Covai Sree Velan Jewellers Private Limited has experienced an downturn of -3.65%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Covai Sree Velan Jewellers Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Covai Sree Velan Jewellers Private Limited was filed with the ROC on 31 Mar 2015.

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