Vel Shanmuga Spices Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.90 M
- Company Age 16 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.22 Cr
- Satisfied Charges ₹ 7.00 Cr
- Revenue Growth 2.33%
- Profit Growth 56.87%
- Ebitda -40.01%
- Net Worth 4.28%
- Total Assets -10.54%
About Vel Shanmuga Spices
Vel Shanmuga Spices Private Limited (VSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 December 2008 and has a history of 16 years and one month. 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
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Location
Theni, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15313TN2008PTC070259
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Company No.
070259
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Dec 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Vel Shanmuga Spices?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ayyemperumal Sethupathy
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Director | 12-Feb-2010 | Current |
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Sethupathy Sundarayyan
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Director | 12-Jan-2015 | Current |
Financial Performance of Vel Shanmuga Spices.
Vel Shanmuga Spices Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 2.33% increase. The company also saw a substantial improvement in profitability, with a 56.87% increase in profit. The company's net worth moved up by a moderate rise of 4.28%.
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What is the Ownership and Shareholding Structure of Vel Shanmuga Spices?
In 2019, Vel Shanmuga Spices had a promoter holding of 25.00% and 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)
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Vel Natural Extracts Private LimitedAyyemperumal Sethupathy is a mutual person
Charges (Loans)
₹42.20 M
₹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.
