Valeo Friction Materials India Private Limited

Manufactures and sells clutch facings for various customers.

1997 | Kanchupuram Distic-603 204., Tamil Nadu (India) | Active
Last Updated: May 15, 2024

Valeo Friction Materials India Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 14.40 Cr
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 42.50 Cr
  • Revenue Growth 10.26%
  • Profit Growth 5.99%
  • Ebitda 0.62%
  • Net Worth 1.23%
  • Total Assets 4.19%

About Valeo Friction Materials India

Valeo Friction Materials India Private Limited (VFMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 1997 and has a history of 27 years and seven months. Its registered office is in Kanchupuram Distic-603 204., Tamil Nadu.

The Corporate was formerly known as Valeo Friction Materials India Limited. The Company is engaged in the Automotive 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 23.00 Cr and a paid-up capital of Rs 14.40 Cr.

The company has closed loans amounting to ₹42.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Valeo Friction Materials India Private Limited India is Satya Jena as COMPANY SECRETARY. Jayakumar Govindan, Manoj Kolhatkar, Rajendra Jain, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29309TN1997PTC038508

  • Company No.

    038508

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1997

  • Date of AGM

    08 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Valeo Friction Materials India Private Limited offer?

Valeo Friction Materials India Private Limited offers a wide range of products and services, including Clutch, Clutch Parts & Accessories, Clutch Components.

Who are the key members and board of directors at Valeo Friction Materials India?

Executive Team (2)

NameDesignationAppointment DateStatus
Periasamy Jawahar Country flag representing In Managing Director11-Dec-2020Current
Satya Jena Country flag representing In Company SecretaryCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Zafer Seymen Country flag representing Tr Director 18-Jun-2021Current
Sachin Jain Country flag representing In Director 22-Sep-2021Current
Rajendra Jain Country flag representing In Director 17-Mar-2020Current
Jayakumar Govindan Country flag representing In Director 02-Mar-2020Current
Manoj Kolhatkar Country flag representing In Director 19-Mar-2021Current
Thierry Kalanquin Country flag representing Fr Director 10-Dec-2018Current

Financial Performance of Valeo Friction Materials India.

Valeo Friction Materials India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.26% increase. The company also saw a slight improvement in profitability, with a 5.99% increase in profit. The company's net worth moved up by a moderate rise of 1.23%.

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
10.26%
Revenue from Operations
10.02%
Total Assets
4.19%
Profit or Loss
5.99%
Net Worth
1.23%
EBITDA
0.62%

What is the Ownership and Shareholding Structure of Valeo Friction Materials India?

In 2023, Valeo Friction Materials India had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹42.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 42.50 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2010Indian Overseas Bank₹42.50 CrSatisfied

How Many Employees Work at Valeo Friction Materials India?

Valeo Friction Materials India has a workforce of 285 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Valeo Friction Materials India, 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 Valeo Friction Materials India'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 Valeo Friction Materials India

Recent activity within the organization

  • Annual General Meeting

    Valeo Friction Materials India Private Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.

    08 Aug 2023

  • Balance Sheet

    Valeo Friction Materials India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Sachin Jain was appointed as a Director was appointed as a Director on 22 Sep 2021 & has been associated with this company since 3 years 5 months .

    22 Sep 2021

  • Director Appointment

    Zafer Seymen was appointed as a Director was appointed as a Director on 18 Jun 2021 & has been associated with this company since 3 years 8 months .

    18 Jun 2021

  • Director Appointment

    Manoj Rajendra Kolhatkar was appointed as a Director was appointed as a Director on 19 Mar 2021 & has been associated with this company since 3 years 11 months .

    19 Mar 2021

  • Director Appointment

    Periasamy Jawahar was appointed as a Managing Director was appointed as a Managing Director on 11 Dec 2020 & has been associated with this company since 4 years 2 months .

    11 Dec 2020

Frequently asked questions

  • Valeo Friction Materials India Private Limited was incorporated on 26 Jun 1997.

  • The authorized share capital of Valeo Friction Materials India Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 14.40 Cr.

  • Currently 8 directors are associated with Valeo Friction Materials India Private Limited.

    • Jayakumar Govindan
    • Manoj Rajendra Kolhatkar
    • Rajendra Kumar Jain
    • Thierry Michel Kalanquin
    • Sachin Jain
    • Periasamy Jawahar
    • Zafer Seymen
    • Satya Ranjan Jena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Valeo Friction Materials India Private Limited is 16-A Sengaundram Industrialarea Melrusapuram (Via) Singaperumalkoil, India, Kanchupuram Distic-603 204., Tamil Nadu.

  • The corporate identification number (CIN) of Valeo Friction Materials India Private Limited is U29309TN1997PTC038508 and the company number is 038508 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Valeo Friction Materials India Private Limited is https://www.valeofrictionmaterialindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Valeo Friction Materials India Private Limited has risen by 10.26%.

  • As Per 2023 financial reports, 285 employees are currently employed by Valeo Friction Materials India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Valeo Friction Materials India Private Limited has experienced an upsurge of 1.23%.

  • The most recent Balance Sheet for Valeo Friction Materials India Private Limited was filed with the ROC on 31 Mar 2023.

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