Vel Ganesh Foundations Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.92 Cr
- Company Age 18 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.95 Cr
- Satisfied Charges ₹ 9.12 Cr
- Revenue Growth 0.46%
- Profit Growth -5.92%
- Ebitda 1.67%
- Net Worth 0.42%
- Total Assets 7.52%
About Vel Ganesh Foundations
Vel Ganesh Foundations Private Limited (VGFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 December 2006 and has a history of 18 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
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 5.00 Cr and a paid-up capital of Rs 3.92 Cr.
The company currently has active open charges totaling ₹17.95 Cr. The company has closed loans amounting to ₹9.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ishari Kadhirvelan, Saravanavelu Thangavelu, and Gowthamchandar Ramachandran 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
U45200TN2006PTC061652
- Company No.
061652
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Dec 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Vel Ganesh Foundations?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishari Kadhirvelan  | Director | 05-Dec-2006 | Current |
| Saravanavelu Thangavelu | Director | 05-Dec-2006 | Current |
| Gowthamchandar Ramachandran | Director | 12-Feb-2024 | Current |
Financial Performance of Vel Ganesh Foundations.
Vel Ganesh Foundations Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.46% increase. The company also saw a slight decrease in profitability, with a 5.92% decrease in profit. The company's net worth moved up by a moderate rise of 0.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vel Ganesh Foundations?
In 2021, Vel Ganesh Foundations had a promoter holding of 66.67% and a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Ishari Kadhirvelan is a mutual person
- Vels Aviation Services Ifsc Private Limited
Ishari Kadhirvelan is a mutual person
Charges (Loans)
Open Charges
₹17.95 Cr
Satisfied Charges
₹9.12 Cr
Charges Breakdown by Lending Institutions
- Others : 17.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2020 | Others | ₹2.50 Cr | Open |
| 01 Oct 2020 | Others | ₹15.45 Cr | Open |
| 28 Feb 2009 | Bank Of Baroda | ₹9.12 Cr | Satisfied |
How Many Employees Work at Vel Ganesh Foundations?
Unlock and access historical data on people associated with Vel Ganesh Foundations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vel Ganesh Foundations, 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 Vel Ganesh Foundations'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.
Latest Updates, News, and FAQs on Vel Ganesh Foundations
Recent activity within the organization
- Annual General Meeting
Vel Ganesh Foundations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vel Ganesh Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Gowthamchandar Ramachandran was appointed as a Director was appointed as a Director on 12 Feb 2024 & has been associated with this company since 1 year 24 days .
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100397431 was registered on 31 Oct 2020.
- Charges
A charge with Others amounted to Rs. 15.45 Cr with Charge ID 100387564 was registered on 01 Oct 2020.
- Charges
A charge registered on 28 Feb 2009 via Charge ID 10147021 with Bank Of Baroda was fully satisfied on 12 Jul 2017.
Frequently asked questions
What is the Incorporation or founding date of Vel Ganesh Foundations Private Limited?
Vel Ganesh Foundations Private Limited was incorporated on 05 Dec 2006.
What is authorized share capital and paid-up capital of Vel Ganesh Foundations Private Limited?
The authorized share capital of Vel Ganesh Foundations Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.92 Cr.
Who are the current board members & directors of Vel Ganesh Foundations Private Limited?
Currently 3 directors are associated with Vel Ganesh Foundations Private Limited.
- Ishari Ganesh Kadhirvelan
- Saravanavelu Thangavelu
- Gowthamchandar Ramachandran
What is the registered address of Vel Ganesh Foundations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vel Ganesh Foundations Private Limited is No.521/2, Anna Saslai Nandanam India, Chennai, Tamil Nadu, 600035.
What is the corporate identification number (CIN) and company number of Vel Ganesh Foundations Private Limited?
The corporate identification number (CIN) of Vel Ganesh Foundations Private Limited is U45200TN2006PTC061652 and the company number is 061652 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vel Ganesh Foundations Private Limited?
The Official website of Vel Ganesh Foundations Private Limited is https://www.drisharikganesh.com
What has been the recent revenue trend for Vel Ganesh Foundations Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Vel Ganesh Foundations Private Limited has risen by 0.46%.
What change has been observed in the net worth of Vel Ganesh Foundations Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Vel Ganesh Foundations Private Limited has experienced an upsurge of 0.42%.
What are the total open charges for Vel Ganesh Foundations Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Vel Ganesh Foundations Private Limited amount to ₹ 17.95 Cr.
When was the last Balance Sheet of Vel Ganesh Foundations Private Limited filed with the ROC?
The most recent Balance Sheet for Vel Ganesh Foundations Private Limited was filed with the ROC on 31 Mar 2024.
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