Vel Shanmuga Spices Private Limited
Processes and supplies dried red chili from various districts in Asia.
2008 | Theni, Tamil Nadu (India) | Active
Vel Shanmuga Spices Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.90 M
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.22 Cr
- Satisfied Charges ₹ 7.00 Cr
- Revenue Growth -44.33%
- Profit Growth 87.56%
- Ebitda -345.58%
- Net Worth -3.13%
- Total Assets -50.68%
About Vel Shanmuga Spices
Vel Shanmuga Spices Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 2008 and has a history of 16 years and four months. Its registered office is in Theni, Tamil Nadu, India.
The Company is engaged in the Food And Beverages 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 2.50 M and a paid-up capital of Rs 0.90 M.
The company currently has active open charges totaling ₹4.22 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ayyemperumal Sethupathy and Sethupathy Sundarayyan serve as directors at the Company.
Company Details
- Location
Theni, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15313TN2008PTC070259
- Company No.
070259
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Dec 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Food and Beverages
What products or services does Vel Shanmuga Spices Private Limited offer?
Vel Shanmuga Spices Private Limited offers a wide range of products and services, including Chilli Powder, Red Chilli Powder, Chilli, Red Chilli, Fresh, Dried & Preserved Vegetables, Vegetable & Herb Flakes, Dried Chillies & Pepper, Dry Red Chilli, Stemless Red Chilli.
Vel Shanmuga Spices Private Limited
Explore comprehensive data for Vel Shanmuga Spices Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vel Shanmuga Spices?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ayyemperumal Sethupathy  | Director | 12-Feb-2010 | Current |
| Sethupathy Sundarayyan | Director | 12-Jan-2015 | Current |
Financial Performance of Vel Shanmuga Spices.
Vel Shanmuga Spices Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.33% decrease. The company also saw a substantial improvement in profitability, with a 87.56% increase in profit. The company's net worth dipped by a decrease of 3.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Vel Shanmuga Spices?
In 2023, Vel Shanmuga Spices had a public holding of 75.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Vel Natural Extracts Private Limited
Ayyemperumal Sethupathy is a mutual person
Charges (Loans)
Open Charges
₹42.20 M
Satisfied Charges
₹70.00 M
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
- City Union Bank : 2.00 Cr
- Tamilnad Mercantile Bank Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2020 | Tamilnad Mercantile Bank Limited | ₹2.20 M | Open |
| 23 Mar 2015 | Others | ₹2.00 Cr | Open |
| 23 Mar 2015 | City Union Bank | ₹2.00 Cr | Open |
| 24 Jun 2010 | City Union Bank Limited | ₹7.00 Cr | Satisfied |
How Many Employees Work at Vel Shanmuga Spices?
Unlock and access historical data on people associated with Vel Shanmuga Spices, 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 Shanmuga Spices, 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 Shanmuga Spices'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 Shanmuga Spices
Recent activity within the organization
- Annual General Meeting
Vel Shanmuga Spices Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Vel Shanmuga Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.20 M with Charge ID 100374809 was registered on 24 Aug 2020.
- Charges
A charge with Others of Rs. 20.00 M registered on 23 Mar 2015 with Charge ID 10565636 was modified on 27 Sep 2018.
- Charges
A charge registered on 24 Jun 2010 via Charge ID 10228682 with City Union Bank Limited was fully satisfied on 26 Mar 2015.
- Charges
A charge with City Union Bank amounted to Rs. 20.00 M with Charge ID 10565637 was registered on 23 Mar 2015.
Frequently asked questions
What is the Incorporation or founding date of Vel Shanmuga Spices Private Limited?
Vel Shanmuga Spices Private Limited was incorporated on 22 Dec 2008.
What is authorized share capital and paid-up capital of Vel Shanmuga Spices Private Limited?
The authorized share capital of Vel Shanmuga Spices Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.90 M.
Who are the current board members & directors of Vel Shanmuga Spices Private Limited?
Currently 2 directors are associated with Vel Shanmuga Spices Private Limited.
- Ayyemperumal Velayutham Guhan Sethupathy
- Sethupathy Sundarayyan
What is the registered address of Vel Shanmuga Spices Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vel Shanmuga Spices Private Limited is 129 Miranda Lane, Old G.H Road India, Theni, Tamil Nadu, 625531.
What is the corporate identification number (CIN) and company number of Vel Shanmuga Spices Private Limited?
The corporate identification number (CIN) of Vel Shanmuga Spices Private Limited is U15313TN2008PTC070259 and the company number is 070259 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vel Shanmuga Spices Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vel Shanmuga Spices Private Limited has fallen by -44.33%.
What change has been observed in the net worth of Vel Shanmuga Spices Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vel Shanmuga Spices Private Limited has experienced an downturn of -3.13%.
What are the total open charges for Vel Shanmuga Spices Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vel Shanmuga Spices Private Limited amount to ₹ 4.22 Cr.
When was the last Balance Sheet of Vel Shanmuga Spices Private Limited filed with the ROC?
The most recent Balance Sheet for Vel Shanmuga Spices Private Limited was filed with the ROC on 31 Mar 2024.
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