Vel Enterprise India Private Limited

Vel Enterprise India Private Limited

Distributes watches, sunglasses, bags, belts, and wallets as an authorized distributor of Fastrack and Titan.
2012 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

December 19, 2024
HomeCompanyVel Enterprise India Private Limited

Who are the key members and board of directors at Vel Enterprise India?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohan InManaging Director28-Dec-2012Current

Board Members(1)

NameDesignationAppointment DateStatus
Mohan Saranya In Director 30-Dec-2013Current

Financial Performance of Vel Enterprise India.

Vel Enterprise India Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 29.96% increase. The company also saw a substantial fall in profitability, with a 43.39% decrease in profit. The company's net worth moved up by a moderate rise of 9.08%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.96%
Revenue from Operations
31.87%
Total Assets
77.59%
Profit or Loss
-43.39%
Net Worth
9.08%
EBITDA
-29.38%

Charges (Loans)

Open Charges

₹6.00 M

LenderAmountStatus

Tata Capital Financial Services Limited

Creation Date: 30 Apr 2016
₹3.00 MOpen

City Union Bank Limited

Creation Date: 01 Aug 2015
₹3.00 MOpen

How Many Employees Work at Vel Enterprise India?

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

Employee Graph

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Latest Updates, News, and FAQs on Vel Enterprise India

Recent activity within the organization

  • Annual General Meeting

    Vel Enterprise India Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Vel Enterprise India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore.

    31 Mar 2018

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.00 M with Charge ID 100037641 was registered on 30 Apr 2016.

    30 Apr 2016

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 3.00 M with Charge ID 10584483 was registered on 01 Aug 2015.

    01 Aug 2015

  • Director Appointment

    Mohan Saranya was appointed as a Director was appointed as a Director on 30 Dec 2013 & has been associated with this company since 10 years 11 months .

    30 Dec 2013

  • Director Appointment

    Mohan was appointed as a Managing Director was appointed as a Managing Director on 28 Dec 2012 & has been associated with this company since 11 years 11 months .

    28 Dec 2012

Frequently asked questions

  • Vel Enterprise India Private Limited was incorporated on 28 Dec 2012.

  • The authorized share capital of Vel Enterprise India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Vel Enterprise India Private Limited.

    • Mohan Saranya
    • Mohan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vel Enterprise India Private Limited is 1D Sai Sruthi Complex 1St Floor 3 Ramarkovil Street, India, Coimbatore, Tamil Nadu, 641009.

  • The corporate identification number (CIN) of Vel Enterprise India Private Limited is U51394TZ2012PTC019078 and the company number is 019078 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Vel Enterprise India Private Limited has risen by 29.96%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Vel Enterprise India Private Limited has experienced an upsurge of 9.08%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Vel Enterprise India Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Vel Enterprise India Private Limited was filed with the ROC on 31 Mar 2018.

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