Vel Ganesh Foundations Private Limited

Provides rental and leasing services for factories, offices, and warehouses.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Vel Ganesh Foundations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.92 Cr
  • Company Age 18 Year, 2 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 two 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

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 Country flag representing In Director 05-Dec-2006 Current
Saravanavelu Thangavelu Country flag representing In Director 05-Dec-2006 Current
Gowthamchandar Ramachandran Country flag representing In 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%.

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
0.46%
Revenue from Operations
Total Assets
7.52%
Profit or Loss
-5.92%
Net Worth
0.42%
EBITDA
1.67%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Vel Ganesh Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • 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 11 months 22 days .

    12 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100397431 was registered on 31 Oct 2020.

    31 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 15.45 Cr with Charge ID 100387564 was registered on 01 Oct 2020.

    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.

    12 Jul 2017

Frequently asked questions

  • Vel Ganesh Foundations Private Limited was incorporated on 05 Dec 2006.

  • The authorized share capital of Vel Ganesh Foundations Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.92 Cr.

  • Currently 3 directors are associated with Vel Ganesh Foundations Private Limited.

    • Ishari Ganesh Kadhirvelan
    • Saravanavelu Thangavelu
    • Gowthamchandar Ramachandran
  • 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.

  • 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).

  • The Official website of Vel Ganesh Foundations Private Limited is https://www.drisharikganesh.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vel Ganesh Foundations Private Limited has risen by 0.46%.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vel Ganesh Foundations Private Limited amount to ₹ 17.95 Cr.

  • The most recent Balance Sheet for Vel Ganesh Foundations Private Limited was filed with the ROC on 31 Mar 2024.

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