Vel Properties Private Limited

Founded in 2012 and headquartered in Tamil Nadu, India.

2012 | Coimbatore, Tamil Nadu (India) | Inactive
Last Updated: April 17, 2024

Vel Properties Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 1.26 M
  • Revenue Growth 154.64%
  • Profit Growth -3400.74%
  • Ebitda 16211.09%
  • Net Worth -97.94%
  • Total Assets -98.85%

About Vel Properties

Vel Properties Private Limited (VPPL) is Strike Off company established on 19 Jul 2012 with its office registered at Coimbatore, Tamil Nadu, India and has been running since 12 Year, 7 Months with a paid up capital of 1.00 M. According to MCA records, 3 Directors are linked to this company as of 17 Apr 2024.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200TZ2012PTC018550

  • Company No.

    018550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2012

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Real Estate and Construction

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

Executive Team (1)

NameDesignationAppointment DateStatus
Subbiah Sakkthivel Country flag representing In Managing Director19-Jul-2012Current

Board Members (2)

NameDesignationAppointment DateStatus
Sundaramoorthy Sangeetha Country flag representing In Director 19-Jul-2012Current
Jayaraman Dhamodarakannan Country flag representing In Director 19-Jul-2012Current

Financial Performance of Vel Properties.

Vel Properties Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 154.64% increase. The company also saw a substantial fall in profitability, with a 3400.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 97.94%.

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
154.64%
Revenue from Operations
174.79%
Total Assets
-98.85%
Profit or Loss
-3400.74%
Net Worth
-97.94%
EBITDA
16211.09%

What is the Ownership and Shareholding Structure of Vel Properties?

In 2017, Vel Properties had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.26 M

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2013The Karur Vysya Bank Limited₹1.26 MSatisfied

How Many Employees Work at Vel Properties?

Unlock and access historical data on people associated with Vel Properties, 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 Properties, 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 Properties'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 Properties

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2018

  • Charges

    A charge registered on 05 Feb 2013 via Charge ID 10408089 with The Karur Vysya Bank Limited was fully satisfied on 07 Dec 2015.

    07 Dec 2015

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 1.26 M with Charge ID 10408089 was registered on 05 Feb 2013.

    05 Feb 2013

  • Director Appointment

    Subbiah Subbiah Chockkalingam Sakkthivel was appointed as a Managing Director was appointed as a Managing Director on 19 Jul 2012 & has been associated with this company since 12 years 7 months .

    19 Jul 2012

  • Director Appointment

    Sundaramoorthy Sangeetha was appointed as a Director was appointed as a Director on 19 Jul 2012 & has been associated with this company since 12 years 7 months .

    19 Jul 2012

Frequently asked questions

  • Vel Properties Private Limited was incorporated on 19 Jul 2012.

  • The authorized share capital of Vel Properties Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Vel Properties Private Limited.

    • Sundaramoorthy Sangeetha
    • Subbiah Subbiah Chockkalingam Sakkthivel
    • Jayaraman Dhamodarakannan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vel Properties Private Limited is 205 Ruby River Stone Apartments, Vallalar Nagar Vadavalli, Coimbatore, Tamil Nadu, India, 641041.

  • The corporate identification number (CIN) of Vel Properties Private Limited is U45200TZ2012PTC018550 and the company number is 018550 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Vel Properties Private Limited has risen by 154.64%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Vel Properties Private Limited has experienced an downturn of -97.94%.

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