H.B. Velvets Private Limited

Textile trading and manufacturing, specializing in weaving, coloring, and finishing various fabrics.

1985 | Punjab, Punjab (India) | Active
Last Updated:

H.B. Velvets Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.16 M
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.03 Cr
  • Revenue Growth %
  • Profit Growth -5.36%
  • Ebitda -13.03%
  • Net Worth -0.80%
  • Total Assets -3.50%

About H.B. Velvets

H.B. Velvets Private Limited (HVPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 April 1985 and has a history of 39 years and ten months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.16 M.

The company has closed loans amounting to ₹1.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Amit Jain, Ravinder Jain, Kulbhushan Jain, and One other member serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17219PB1985PTC006245

  • Company No.

    006245

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Textile

Who are the key members and board of directors at H.B. Velvets?

Board Members (4)

NameDesignationAppointment DateStatus
Kulbhushan Jain Country flag representing In Director 24-Apr-1985Current
Amit Jain Country flag representing In Director 13-Jun-2001Current
Ravinder Jain Country flag representing In Director 27-Aug-1985Current
Sunil Jain Country flag representing In Director 28-Aug-1985Current

Financial Performance of H.B. Velvets.

H.B. Velvets Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 5.36% decrease in profit. The company's net worth dipped by a decrease of 0.8%.

H.B. Velvets revenue growth over time
H.B. Velvets 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
Revenue from Operations
Total Assets
-3.50%
Profit or Loss
-5.36%
Net Worth
-0.80%
EBITDA
-13.03%

What is the Ownership and Shareholding Structure of H.B. Velvets?

In 2023, H.B. Velvets had a public holding of 76.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹10.25 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 1.00 Cr
  • Oriental Bank Of Commerce : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2004Indian Overseas Bank₹1.00 CrSatisfied
26 Aug 1986Oriental Bank Of Commerce₹0.25 MSatisfied

How Many Employees Work at H.B. Velvets?

Unlock and access historical data on people associated with H.B. Velvets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for H.B. Velvets Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of H.B. Velvets, 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 H.B. Velvets'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 H.B. Velvets

Recent activity within the organization

  • Annual General Meeting

    H.B. Velvets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    H.B. Velvets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 26 Aug 1986 via Charge ID 90168035 with Oriental Bank Of Commerce was fully satisfied on 21 Mar 2022.

  • Charges

    A charge registered on 09 Mar 2004 via Charge ID 90169914 with Indian Overseas Bank was fully satisfied on 18 Jan 2019.

  • Charges

    A charge with Indian Overseas Bank of Rs. 10.00 M registered on 09 Mar 2004 with Charge ID 90169914 was modified on 13 Aug 2008.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 10.00 M with Charge ID 90169914 was registered on 09 Mar 2004.

Frequently asked questions

  • What is the Incorporation or founding date of H.B. Velvets Private Limited?

    H.B. Velvets Private Limited was incorporated on 24 Apr 1985.

  • What is authorized share capital and paid-up capital of H.B. Velvets Private Limited?

    The authorized share capital of H.B. Velvets Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.16 M.

  • Who are the current board members & directors of H.B. Velvets Private Limited?

    Currently 4 directors are associated with H.B. Velvets Private Limited.

    • Amit Jain
    • Ravinder Kumar Jain
    • Kulbhushan Jain
    • Sunil Jain

  • What is the registered address of H.B. Velvets Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of H.B. Velvets Private Limited is 13Joshi Colony Amritsar India, Punjab.

  • What is the corporate identification number (CIN) and company number of H.B. Velvets Private Limited?

    The corporate identification number (CIN) of H.B. Velvets Private Limited is U17219PB1985PTC006245 and the company number is 006245 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of H.B. Velvets Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of H.B. Velvets Private Limited has experienced an downturn of -0.80%.

  • When was the last Balance Sheet of H.B. Velvets Private Limited filed with the ROC?

    The most recent Balance Sheet for H.B. Velvets Private Limited was filed with the ROC on 31 Mar 2024.

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