Valeth Hightech Composites Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.69 Cr
- Company Age 35 Year, 21 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 86.48 Cr
- Satisfied Charges ₹ 25.12 Cr
- Revenue Growth 18.14%
- Profit Growth 175.88%
- Ebitda 25.45%
- Net Worth 5.60%
- Total Assets 12.09%
About Valeth Hightech Composites
Valeth Hightech Composites Private Limited (VHCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 1990 and has a history of 35 years. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Aerospace, Maritime And Defense 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 2.00 Cr and a paid-up capital of Rs 1.69 Cr.
The company currently has active open charges totaling ₹86.48 Cr. The company has closed loans amounting to ₹25.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Peter Valeth and Nitin Valeth serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17114TN1990PTC018923
- Company No.
018923
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Aerospace, Maritime and Defense
Transport and Logistics
What products or services does Valeth Hightech Composites Private Limited offer?
Valeth Hightech Composites Private Limited offers a wide range of products and services, including Marine Tools & Equipments, Boats, Recreational Boat, Tour Operators and Travel Agents, Tour Packages, Swimming Pool & Water Sport Goods, Inflatable Boats, Aerospace Equipment, Aircraft, Luxury Boats.
Valeth Hightech Composites Private Limited
Explore comprehensive data for Valeth Hightech Composites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Valeth Hightech Composites?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Valeth  | Managing Director | 30-Sep-2010 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Peter Valeth | Director | 29-Sep-2001 | Current |
Financial Performance of Valeth Hightech Composites.
Valeth Hightech Composites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.14% increase. The company also saw a substantial improvement in profitability, with a 175.88% increase in profit. The company's net worth moved up by a moderate rise of 5.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Valeth Hightech Composites?
In 2023, Valeth Hightech Composites had a promoter holding of 90.79% and a public holding of 9.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Valeth Defence Private LimitedPeter Valeth and Nitin Valeth are mutual person
Bottle Store Marketing Solutions LlpNitin Valeth is a mutual person
- Rolling Right Automotive Llp
Nitin Valeth is a mutual person
Charges (Loans)
Open Charges
₹86.48 Cr
Satisfied Charges
₹25.12 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 43.18 Cr
- Axis Bank Limited : 43.00 Cr
- Assistant Commissioner Commercial Taxes : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2024 | Axis Bank Limited | ₹43.00 Cr | Open |
| 24 Jul 2017 | Hdfc Bank Limited | ₹43.18 Cr | Open |
| 05 Nov 1996 | Assistant Commissioner Commercial Taxes | ₹3.02 M | Open |
| 04 Jun 2011 | Axis Bank Limited | ₹19.65 Cr | Satisfied |
| 10 Jun 2010 | The Catholic Syrian Bank Ltd | ₹4.00 Cr | Satisfied |
How Many Employees Work at Valeth Hightech Composites?
Valeth Hightech Composites has a workforce of 113 employees as of Apr 05, 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 Valeth Hightech Composites, 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 Valeth Hightech Composites's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Valeth Hightech Composites
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 43.00 Cr with Charge ID 100953835 was registered on 13 Jul 2024.
- Annual General Meeting
Valeth Hightech Composites Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Valeth Hightech Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited of Rs. 43.18 Cr registered on 24 Jul 2017 with Charge ID 100126939 was modified on 30 Nov 2022.
- Charges
A charge registered on 04 Jun 2011 via Charge ID 10292556 with Axis Bank Limited was fully satisfied on 18 Nov 2017.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 43.18 Cr with Charge ID 100126939 was registered on 24 Jul 2017.
Frequently asked questions
What is the Incorporation or founding date of Valeth Hightech Composites Private Limited?
Valeth Hightech Composites Private Limited was incorporated on 23 Mar 1990.
What is authorized share capital and paid-up capital of Valeth Hightech Composites Private Limited?
The authorized share capital of Valeth Hightech Composites Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.69 Cr.
Who are the current board members & directors of Valeth Hightech Composites Private Limited?
Currently 2 directors are associated with Valeth Hightech Composites Private Limited.
- Peter Paulose Valeth
- Nitin Peter Valeth
What is the registered address of Valeth Hightech Composites Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Valeth Hightech Composites Private Limited is S-No 56 Kazhipatturvillage, Padur Post India, Kelambakkam, Tamil Nadu, 603103.
What is the corporate identification number (CIN) and company number of Valeth Hightech Composites Private Limited?
The corporate identification number (CIN) of Valeth Hightech Composites Private Limited is U17114TN1990PTC018923 and the company number is 018923 as per Ministry of Corporate Affairs (MCA).
What is the official website of Valeth Hightech Composites Private Limited?
The Official website of Valeth Hightech Composites Private Limited is https://www.valeth.com
What has been the recent revenue trend for Valeth Hightech Composites Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Valeth Hightech Composites Private Limited has risen by 18.14%.
How many employees does Valeth Hightech Composites Private Limited currently have?
As Per 2023 financial reports, 113 employees are currently employed by Valeth Hightech Composites Private Limited.
What change has been observed in the net worth of Valeth Hightech Composites Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Valeth Hightech Composites Private Limited has experienced an upsurge of 5.60%.
What are the total open charges for Valeth Hightech Composites Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Valeth Hightech Composites Private Limited amount to ₹ 86.48 Cr.
When was the last Balance Sheet of Valeth Hightech Composites Private Limited filed with the ROC?
The most recent Balance Sheet for Valeth Hightech Composites Private Limited was filed with the ROC on 31 Mar 2023.
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