Patel Veneers Private Limited

Exports and manufactures rosewood veneers, imports hardwood timber, and trades in timber products.

1977 | Ernakulam, Kerala (India) | Active
Last Updated:

Patel Veneers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.87 M
  • Company Age 47 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.41 Cr
  • Satisfied Charges ₹ 11.99 Cr
  • Revenue Growth 67.27%
  • Profit Growth 4.92%
  • Ebitda -17.86%
  • Net Worth 2.30%
  • Total Assets -15.14%

About Patel Veneers

Patel Veneers Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 1977 and has a history of 47 years and five months. Its registered office is in Ernakulam, Kerala, 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 5.00 M and a paid-up capital of Rs 4.87 M.

The company currently has active open charges totaling ₹6.41 Cr. The company has closed loans amounting to ₹11.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Patel, Bharat Patel, and Mitesh Patel serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20211KL1977PTC002930

  • Company No.

    002930

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 1977

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing
Company report

Patel Veneers Private Limited

Explore comprehensive data for Patel Veneers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Patel Veneers?

Board Members (3)

NameDesignationAppointment DateStatus
Vinod Patel Country flag representing In Director 01-Oct-1992Current
Bharat Patel Country flag representing In Director 31-Mar-1984Current
Mitesh Patel Country flag representing In Director 06-Apr-2009Current

Financial Performance of Patel Veneers.

Patel Veneers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 67.27% increase. The company also saw a slight improvement in profitability, with a 4.92% increase in profit. The company's net worth moved up by a moderate rise of 2.3%.

Patel Veneers revenue growth over time
Patel Veneers 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
67.27%
Revenue from Operations
66.99%
Total Assets
-15.14%
Profit or Loss
4.92%
Net Worth
2.30%
EBITDA
-17.86%

What is the Ownership and Shareholding Structure of Patel Veneers?

In 2022, Patel Veneers had a public holding of 13.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.07 M

Satisfied Charges

₹119.85 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 6.41 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2023Indian Bank₹1.99 MOpen
11 Nov 1995Indian Bank₹5.38 CrOpen
28 Feb 1984Indian Bank₹8.30 MOpen
30 Apr 2003Global Trust Bank₹3.50 CrSatisfied
29 Jan 1998Global Trust Bank Ltd.₹8.00 CrSatisfied

How Many Employees Work at Patel Veneers?

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

Employee growth trends for Patel Veneers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patel Veneers, 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 Patel Veneers'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 Patel Veneers

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Patel Veneers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

  • Charges

    A charge with Indian Bank amounted to Rs. 1.99 M with Charge ID 100669905 was registered on 30 Jan 2023.

  • Charges

    A charge with Indian Bank of Rs. 53.78 M registered on 11 Nov 1995 with Charge ID 90022195 was modified on 17 Jun 2020.

  • Charges

    A charge registered on 30 Apr 2003 via Charge ID 90022891 with Global Trust Bank was fully satisfied on 25 Feb 2012.

  • Charges

    A charge registered on 29 Jan 1998 via Charge ID 90022345 with Global Trust Bank Ltd. was fully satisfied on 25 Feb 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Patel Veneers Private Limited?

    Patel Veneers Private Limited was incorporated on 19 Oct 1977.

  • What is authorized share capital and paid-up capital of Patel Veneers Private Limited?

    The authorized share capital of Patel Veneers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.87 M.

  • Who are the current board members & directors of Patel Veneers Private Limited?

    Currently 3 directors are associated with Patel Veneers Private Limited.

    • Vinod Babulal Patel
    • Bharat Kantilal Patel
    • Mitesh Kantilal Patel

  • What is the registered address of Patel Veneers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Patel Veneers Private Limited is 2Nd Floor Suite No 205 206Pioneer Towers Marine Drive India, Ernakulam, Kerala, 682031.

  • What is the corporate identification number (CIN) and company number of Patel Veneers Private Limited?

    The corporate identification number (CIN) of Patel Veneers Private Limited is U20211KL1977PTC002930 and the company number is 002930 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Patel Veneers Private Limited?

    The Official website of Patel Veneers Private Limited is https://www.patelveneers.com

  • What has been the recent revenue trend for Patel Veneers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Patel Veneers Private Limited has risen by 67.27%.

  • What change has been observed in the net worth of Patel Veneers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Patel Veneers Private Limited has experienced an upsurge of 2.30%.

  • What are the total open charges for Patel Veneers Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Patel Veneers Private Limited amount to ₹ 6.41 Cr.

  • When was the last Balance Sheet of Patel Veneers Private Limited filed with the ROC?

    The most recent Balance Sheet for Patel Veneers Private Limited was filed with the ROC on 31 Mar 2023.

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