Sri Vela Smelters Profile
Key Indicators
- Authorised Capital ₹ 26.00 Cr
- Paid Up Capital ₹ 25.01 Cr
- Company Age 21 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 77.24 Cr
- Satisfied Charges ₹ 88.96 Cr
- Revenue Growth 47.26%
- Profit Growth 5.21%
- Ebitda -21.08%
- Net Worth 25.71%
- Total Assets 3.65%
About Sri Vela Smelters
Sri Vela Smelters Private Limited (SVSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 2003 and has a history of 21 years and 11 months. Its registered office is in Namakkal, Tamil Nadu, India.
The Company is engaged in the Metals And Minerals 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 26.00 Cr and a paid-up capital of Rs 25.01 Cr.
The company currently has active open charges totaling ₹77.24 Cr. The company has closed loans amounting to ₹88.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varadharaju Naveenkumar, Lakshmanan Mohanraj, Ramasamy Dhanalakshmi, and One other member serve as directors at the Company.
Company Details
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Location
Namakkal, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27104TZ2003PTC010495
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Company No.
010495
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Feb 2003
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Sri Vela Smelters?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thiruchengode Murugesan
|
Managing Director | 26-Feb-2003 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Varadharaju Naveenkumar
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Whole-Time Director | 01-Apr-2012 | Current |
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Lakshmanan Mohanraj
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Whole-Time Director | 01-Apr-2012 | Current |
|
Ramasamy Dhanalakshmi
|
Director | 26-Feb-2003 | Current |
Financial Performance of Sri Vela Smelters.
Sri Vela Smelters Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.26% increase. The company also saw a slight improvement in profitability, with a 5.21% increase in profit. The company's net worth Soared by an impressive increase of 25.71%.
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What is the Ownership and Shareholding Structure of Sri Vela Smelters?
In 2023, Sri Vela Smelters had a promoter holding of 66.50% and a public holding of 33.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹77.24 Cr
₹88.96 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 51.24 Cr
- Others : 26.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2024 | Others | ₹4.00 Cr | Open |
| 08 May 2024 | Others | ₹22.00 Cr | Open |
| 02 Jun 2023 | Axis Bank Limited | ₹51.24 Cr | Open |
| 30 Jul 2013 | Canara Bank | ₹4.15 Cr | Satisfied |
| 29 Jun 2012 | Religare Finvest Limited | ₹7.33 Cr | Satisfied |
How Many Employees Work at Sri Vela Smelters?
Sri Vela Smelters has a workforce of 40 employees as of Mar 30, 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 Sri Vela Smelters, 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 Sri Vela Smelters'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.
