Veer Araham Business Credits Private Limited

Provides short term corporate loans to businesses as a registered NBFC under RBI regulations.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Veer Araham Business Credits Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.43 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.64 Cr
  • Satisfied Charges ₹ 2.69 M
  • Revenue Growth 3.44%
  • Profit Growth 78.76%
  • Ebitda 11.41%
  • Net Worth 6.51%
  • Total Assets 16.18%

About Veer Araham Business Credits

Veer Araham Business Credits Private Limited (VABCPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 February 1991 and has a history of 34 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vriddhi Business Credit Limited. The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 2.43 Cr.

The company currently has active open charges totaling ₹1.64 Cr. The company has closed loans amounting to ₹2.69 M, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Chordia, Hulashchand Chordia, and Kavitha Chordia serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TN1991PTC020284

  • Company No.

    020284

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Veer Araham Business Credits Private Limited

Explore comprehensive data for Veer Araham Business Credits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Veer Araham Business Credits?

Board Members (3)

NameDesignationAppointment DateStatus
Pankaj Chordia Country flag representing In Whole-Time Director 16-Jun-2017Current
Hulashchand Chordia Country flag representing In Whole-Time Director 16-Jun-2017Current
Kavitha Chordia Country flag representing In Whole-Time Director 11-Aug-2017Current

Financial Performance of Veer Araham Business Credits.

Veer Araham Business Credits Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.44% increase. The company also saw a substantial improvement in profitability, with a 78.76% increase in profit. The company's net worth moved up by a moderate rise of 6.51%.

Veer Araham Business Credits revenue growth over time
Veer Araham Business Credits 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
3.44%
Revenue from Operations
5.82%
Total Assets
16.18%
Profit or Loss
78.76%
Net Worth
6.51%
EBITDA
11.41%

What is the Ownership and Shareholding Structure of Veer Araham Business Credits?

Unlock access to Veer Araham Business Credits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.64 Cr

Satisfied Charges

₹0.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr
  • Indian Overseas Bank : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2021Others₹1.50 CrOpen
09 Sep 1997Indian Overseas Bank₹1.40 MOpen
04 Sep 2013Sundaram Finance Limited₹2.69 MSatisfied

How Many Employees Work at Veer Araham Business Credits?

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

Employee growth trends for Veer Araham Business Credits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veer Araham Business Credits, 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 Veer Araham Business Credits's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Veer Araham Business Credits

Recent activity within the organization

  • Annual General Meeting

    Veer Araham Business Credits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veer Araham Business Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100425061 was registered on 12 Mar 2021.

  • Director Appointment

    Kavitha Chordia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Aug 2017 & has been associated with this company since 7 years 8 months .

  • Charges

    A charge registered on 04 Sep 2013 via Charge ID 10451016 with Sundaram Finance Limited was fully satisfied on 10 Jul 2017.

  • Director Appointment

    Pankaj Chordia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Jun 2017 & has been associated with this company since 7 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Veer Araham Business Credits Private Limited?

    Veer Araham Business Credits Private Limited was incorporated on 11 Feb 1991.

  • What is authorized share capital and paid-up capital of Veer Araham Business Credits Private Limited?

    The authorized share capital of Veer Araham Business Credits Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.43 Cr.

  • Who are the current board members & directors of Veer Araham Business Credits Private Limited?

    Currently 3 directors are associated with Veer Araham Business Credits Private Limited.

    • Pankaj Chordia
    • Hulashchand Chordia
    • Kavitha Chordia

  • What is the registered address of Veer Araham Business Credits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veer Araham Business Credits Private Limited is No. 869 Pa Towers First Floor Poonamallee High Road, Kilpauk India, Chennai, Tamil Nadu, 600010.

  • What is the corporate identification number (CIN) and company number of Veer Araham Business Credits Private Limited?

    The corporate identification number (CIN) of Veer Araham Business Credits Private Limited is U65921TN1991PTC020284 and the company number is 020284 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veer Araham Business Credits Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veer Araham Business Credits Private Limited has risen by 3.44%.

  • What change has been observed in the net worth of Veer Araham Business Credits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veer Araham Business Credits Private Limited has experienced an upsurge of 6.51%.

  • What are the total open charges for Veer Araham Business Credits Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veer Araham Business Credits Private Limited amount to ₹ 1.64 Cr.

  • When was the last Balance Sheet of Veer Araham Business Credits Private Limited filed with the ROC?

    The most recent Balance Sheet for Veer Araham Business Credits Private Limited was filed with the ROC on 31 Mar 2024.

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