Klass Velvets Private Limited logo

Klass Velvets Private Limited

Manufacturer and trader of various types of velvet cloth and related products.
2005 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 16, 2024
HomeCompanyKlass Velvets Private Limited

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

Board Members(4)

NameDesignationAppointment DateStatus
Kailashpati Gupta In Director 03-Jan-2005Current
Deepa Shorewala In Director 25-Jan-2019Current
Ravi Shorewala In Director 03-Jan-2005Current
Rishabh Shorewala In Director 22-Mar-2016Current

Financial Performance of Klass Velvets.

Klass Velvets Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.57% increase. The company also saw a substantial improvement in profitability, with a 56.91% increase in profit. The company's net worth Soared by an impressive increase of 12.29%.

Revenue Growth Graph
Profit Loss Graph
  • 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
18.57%
Revenue from Operations
18.86%
Total Assets
4.54%
Profit or Loss
56.91%
Net Worth
12.29%
EBITDA
2.84%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹60.31 M

₹15.00 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Apr 2015
₹6.03 CrOpen

Indian Overseas Bank

Creation Date: 11 Jun 2013
₹8.00 MSatisfied

Indian Overseas Bank

Creation Date: 22 Sep 2011
₹7.00 MSatisfied

How Many Employees Work at Klass Velvets?

Klass Velvets has a workforce of 36 employees as of Mar 31, 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 Klass Velvets

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.31 M registered on 20 Apr 2015 with Charge ID 10564703 was modified on 16 Jun 2023.

    16 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Deepa Ravi Shorewala was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 5 years 10 months .

    25 Jan 2019

  • Director Appointment

    Rishabh Ravi Shorewala was appointed as a Director was appointed as a Director on 22 Mar 2016 & has been associated with this company since 8 years 9 months .

    22 Mar 2016

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.31 M with Charge ID 10564703 was registered on 20 Apr 2015.

    20 Apr 2015

Frequently asked questions

  • Klass Velvets Private Limited was incorporated on 03 Jan 2005.

  • The authorized share capital of Klass Velvets Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.42 M.

  • Currently 4 directors are associated with Klass Velvets Private Limited.

    • Kailashpati Arjundas Gupta
    • Deepa Ravi Shorewala
    • Ravi Kailash Shorewala
    • Rishabh Ravi Shorewala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Klass Velvets Private Limited is 70Mirza Street, Mumbai, Maharashtra, India, 400003.

  • The corporate identification number (CIN) of Klass Velvets Private Limited is U17120MH2005PTC150365 and the company number is 150365 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Klass Velvets Private Limited is https://www.klassvelvets.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Klass Velvets Private Limited has risen by 18.57%.

  • As Per 2023 financial reports, 36 employees are currently employed by Klass Velvets Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Klass Velvets Private Limited has experienced an upsurge of 12.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Klass Velvets Private Limited amount to ₹ 6.03 Cr.

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

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