Vel Matches Private Limited
Manufactures and sells safety matches and fireworks, imports and exports raw materials.
2007 | Virudhunagar, Tamil Nadu (India) | Active
Vel Matches Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.26 Cr
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.81 Cr
- Satisfied Charges ₹ 4.27 Cr
- Revenue Growth 52.95%
- Profit Growth -46.42%
- Ebitda -19.52%
- Net Worth 8.52%
- Total Assets -4.60%
About Vel Matches
Vel Matches Private Limited (VMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 2007 and has a history of 18 years and two months. Its registered office is in Virudhunagar, Tamil Nadu, India.
The Company is engaged in the Fmcg 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 1.50 Cr and a paid-up capital of Rs 1.26 Cr.
The company currently has active open charges totaling ₹4.81 Cr. The company has closed loans amounting to ₹4.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sivagnanakiramani, Rajiv Mukhilan, Sivagami Sundari, and One other member serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24291TN2007PTC062495
- Company No.
062495
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Feb 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
FMCG
Vel Matches Private Limited
Explore comprehensive data for Vel Matches Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vel Matches?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sivagnanakiramani  | Director | 01-Nov-2007 | Current |
| Rajiv Mukhilan | Director | 06-Sep-2016 | Current |
| Sivagami Sundari | Director | 02-Apr-2018 | Current |
| Ravindran Rajaratnam | Director | 23-Feb-2007 | Current |
Financial Performance of Vel Matches.
Vel Matches Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.95% increase. The company also saw a substantial fall in profitability, with a 46.42% decrease in profit. The company's net worth moved up by a moderate rise of 8.52%.
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What is the Ownership and Shareholding Structure of Vel Matches?
In 2023, Vel Matches 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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Standard Fire Works Private LimitedRavindran Rajaratnam is a mutual person
- Sri Shenbagavinayagar Matches Private Limited
Sivagnanakiramani and Ravindran Rajaratnam are mutual person
- Chiranjeevi Rathnam Matches Private Limited
Sivagnanakiramani, Rajiv Mukhilan and 1 more are mutual person
- Vel Stonex Private Limited
Sivagnanakiramani is a mutual person
- Standard Match Industries Private Limited
Sivagnanakiramani and Rajiv Mukhilan are mutual person
Charges (Loans)
Open Charges
₹4.81 Cr
Satisfied Charges
₹4.27 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.97 Cr
- Hdfc Bank Limited : 1.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2024 | Hdfc Bank Limited | ₹1.85 Cr | Open |
| 26 Jun 2018 | State Bank Of India | ₹2.97 Cr | Open |
| 25 Aug 2007 | State Bank Of India | ₹4.27 Cr | Satisfied |
How Many Employees Work at Vel Matches?
Vel Matches has a workforce of 18 employees as of Apr 06, 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 Vel Matches, 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 Matches'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 Matches
Recent activity within the organization
- Annual General Meeting
Vel Matches Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100956556 was registered on 18 May 2024.
- Balance Sheet
Vel Matches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with State Bank Of India of Rs. 2.97 Cr registered on 26 Jun 2018 with Charge ID 100198308 was modified on 04 Apr 2020.
- Charges
A charge with State Bank Of India amounted to Rs. 2.97 Cr with Charge ID 100198308 was registered on 26 Jun 2018.
- Director Appointment
Sivagami Sundari was appointed as a Director was appointed as a Director on 02 Apr 2018 & has been associated with this company since 7 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Vel Matches Private Limited?
Vel Matches Private Limited was incorporated on 23 Feb 2007.
What is authorized share capital and paid-up capital of Vel Matches Private Limited?
The authorized share capital of Vel Matches Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.26 Cr.
Who are the current board members & directors of Vel Matches Private Limited?
Currently 4 directors are associated with Vel Matches Private Limited.
- Sivagnanakiramani
- Rajiv Mukhilan
- Sivagami Sundari
- Ravindran Rajaratnam
What is the registered address of Vel Matches Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vel Matches Private Limited is 409/8, Thattu Mettu Street India, Sivakasi, Tamil Nadu, 626189.
What is the corporate identification number (CIN) and company number of Vel Matches Private Limited?
The corporate identification number (CIN) of Vel Matches Private Limited is U24291TN2007PTC062495 and the company number is 062495 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vel Matches Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vel Matches Private Limited has risen by 52.95%.
How many employees does Vel Matches Private Limited currently have?
As Per 2023 financial reports, 18 employees are currently employed by Vel Matches Private Limited.
What change has been observed in the net worth of Vel Matches Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vel Matches Private Limited has experienced an upsurge of 8.52%.
What are the total open charges for Vel Matches Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vel Matches Private Limited amount to ₹ 4.81 Cr.
When was the last Balance Sheet of Vel Matches Private Limited filed with the ROC?
The most recent Balance Sheet for Vel Matches Private Limited was filed with the ROC on 31 Mar 2024.
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