Shree Venus Energy System Private Limited

Manufacturer and trader of various ducting materials, offering turnkey insulation projects in India and abroad.

1999 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Shree Venus Energy System Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.60 Cr
  • Satisfied Charges ₹ 12.21 Cr
  • Revenue Growth 102.69%
  • Profit Growth 163.26%
  • Ebitda 36.03%
  • Net Worth 16.21%
  • Total Assets 16.92%

About Shree Venus Energy System

Shree Venus Energy System Private Limited (SVESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 1999 and has a history of 25 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹27.60 Cr. The company has closed loans amounting to ₹12.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Palaniappan Chinnaiah, Suganthi Palaniappan, and Palaniappan Shriram serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U40101TN1999PTC042315

  • Company No.

    042315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Shree Venus Energy System Private Limited offer?

Shree Venus Energy System Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Air Ducts, PU Foam, Coir & Jute Mattresses, Foam Sheet, Machines & Equipments, Industrial Machinery, Acoustic Window, Foam & Enclosures, Acoustic Enclosures, Hoses & Hose Fittings, Duct Hose.

Who are the key members and board of directors at Shree Venus Energy System?

Executive Team (1)

Name Designation Appointment Date Status
Palaniappan Chinnaiah Country flag representing In Managing Director 21-Apr-1999 Current

Board Members (2)

Name Designation Appointment Date Status
Suganthi Palaniappan Country flag representing In Director 21-Apr-1999 Current
Palaniappan Shriram Country flag representing In Director 17-Dec-2021 Current

Financial Performance of Shree Venus Energy System.

Shree Venus Energy System Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 102.69% increase. The company also saw a substantial improvement in profitability, with a 163.26% increase in profit. The company's net worth Soared by an impressive increase of 16.21%.

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
102.69%
Revenue from Operations
103.32%
Total Assets
16.92%
Profit or Loss
163.26%
Net Worth
16.21%
EBITDA
36.03%

What is the Ownership and Shareholding Structure of Shree Venus Energy System?

In 2022, Shree Venus Energy System 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

₹27.60 Cr

Satisfied Charges

₹12.21 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 27.19 Cr
  • Axis Bank Limited : 0.25 Cr
  • Others : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
17 Nov 2022 Canara Bank ₹2.38 M Open
10 Oct 2022 Canara Bank ₹1.15 M Open
13 Apr 2022 Canara Bank ₹1.65 M Open
28 Dec 2019 Axis Bank Limited ₹2.50 M Open
30 Mar 2019 Canara Bank ₹26.67 Cr Open

How Many Employees Work at Shree Venus Energy System?

Shree Venus Energy System has a workforce of 67 employees as of Apr 01, 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 Shree Venus Energy System, 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 Shree Venus Energy System'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 Shree Venus Energy System

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 26.67 Cr registered on 30 Mar 2019 with Charge ID 100262405 was modified on 11 Nov 2024.

    11 Nov 2024

  • Annual General Meeting

    Shree Venus Energy System Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shree Venus Energy System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 13 Sep 2022 via Charge ID 100606230 with Others was fully satisfied on 24 Feb 2024.

    24 Feb 2024

  • Charges

    A charge registered on 29 Sep 2021 via Charge ID 100485510 with Others was fully satisfied on 24 Feb 2024.

    24 Feb 2024

  • Charges

    A charge registered on 22 May 2020 via Charge ID 100391468 with Others was fully satisfied on 24 Feb 2024.

    24 Feb 2024

Frequently asked questions

  • Shree Venus Energy System Private Limited was incorporated on 21 Apr 1999.

  • The authorized share capital of Shree Venus Energy System Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Shree Venus Energy System Private Limited.

    • Palaniappan Chinnaiah
    • Suganthi Palaniappan
    • Palaniappan Shriram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Venus Energy System Private Limited is Plot No. 135 Burma Colony Old Mahabalipuram Road, Perungudi India, Chennai, Tamil Nadu, 600096.

  • The corporate identification number (CIN) of Shree Venus Energy System Private Limited is U40101TN1999PTC042315 and the company number is 042315 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Venus Energy System Private Limited is https://www.shree-venus-energy-system-private-limited.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shree Venus Energy System Private Limited has risen by 102.69%.

  • As Per 2022 financial reports, 67 employees are currently employed by Shree Venus Energy System Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shree Venus Energy System Private Limited has experienced an upsurge of 16.21%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shree Venus Energy System Private Limited amount to ₹ 27.60 Cr.

  • The most recent Balance Sheet for Shree Venus Energy System Private Limited was filed with the ROC on 31 Mar 2024.