Klass Velvets Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.42 M
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.03 Cr
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth 18.57%
- Profit Growth 56.91%
- Ebitda 2.84%
- Net Worth 12.29%
- Total Assets 4.54%
About Klass Velvets
Klass Velvets Private Limited (KVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2005 and has a history of 20 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.42 M.
The company currently has active open charges totaling ₹6.03 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kailashpati Gupta, Deepa Shorewala, Ravi Shorewala, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17120MH2005PTC150365
- Company No.
150365
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Klass Velvets Private Limited offer?
Klass Velvets Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Fabric, Synthetic Fabric, Apparel & Clothing Fabric, Home Decor Fabric, Home Decor & Furnishing Fabrics, Ladies Dresses, Apparels & Clothings, Printed Kurti, Velvet Textile, Printed Fabrics.
Who are the key members and board of directors at Klass Velvets?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kailashpati Gupta  | Director | 03-Jan-2005 | Current |
| Deepa Shorewala | Director | 25-Jan-2019 | Current |
| Ravi Shorewala | Director | 03-Jan-2005 | Current |
| Rishabh Shorewala | Director | 22-Mar-2016 | Current |
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%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Klass Velvets?
In 2023, Klass Velvets had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shotex Velvets Private LimitedKailashpati Gupta, Ravi Shorewala and 1 more are mutual person
Charges (Loans)
₹60.31 M
₹15.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2015 | Hdfc Bank Limited | ₹6.03 Cr | Open |
| 11 Jun 2013 | Indian Overseas Bank | ₹8.00 M | Satisfied |
| 22 Sep 2011 | Indian Overseas Bank | ₹7.00 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Klass 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 Klass Velvets's trajectory.
Rating
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
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.
