Samayapuram Vel Industries Private Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated: December 27, 2024

Samayapuram Vel Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.86 M
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.37 Cr
  • Revenue Growth 919.05%
  • Profit Growth 1417.60%
  • Ebitda 1278.85%
  • Net Worth
  • Total Assets -3.40%

About Samayapuram Vel Industries

Samayapuram Vel Industries Private Limited (SVIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 February 1994 and has a history of 30 years and 11 months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.

The Corporate was formerly known as Vel Steel Rolling Mills Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.86 M.

The company currently has active open charges totaling ₹64.37 Cr.


Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24294TN1994PTC026826

  • Company No.

    026826

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Shanmugam Subramanian Country flag representing In Managing Director 18-Feb-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Subramanian Sathammai Country flag representing In Director 18-Feb-1994 Current
Subramanian Saravanan Country flag representing In Director 10-Jul-2008 Current

Financial Performance of Samayapuram Vel Industries.

Samayapuram Vel Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 919.05% increase. The company also saw a substantial improvement in profitability, with a 1417.6% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
919.05%
Revenue from Operations
919.05%
Total Assets
-3.40%
Profit or Loss
1417.60%
Net Worth
EBITDA
1278.85%

What is the Ownership and Shareholding Structure of Samayapuram Vel Industries?

Unlock access to Samayapuram Vel Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.37 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Andhra Bank : 63.91 Cr
  • The Tamilnadu Ind. Investment Cor. Ltd. : 0.37 Cr
  • Sundaram Finance Ltd. : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
25 Dec 1997 Sundaram Finance Ltd. ₹0.48 M Open
04 Dec 1997 Sundaram Finance Ltd. ₹0.47 M Open
11 Apr 1997 Andhra Bank ₹63.88 Cr Open
03 Jan 1997 Andhra Bank ₹0.30 M Open
05 Mar 1996 The Tamilnadu Ind. Investment Cor. Ltd. ₹1.84 M Open

How Many Employees Work at Samayapuram Vel Industries?

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

Recent activity within the organization

  • Annual General Meeting

    Samayapuram Vel Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Samayapuram Vel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Andhra Bank of Rs. 63.88 Cr registered on 11 Apr 1997 with Charge ID 90288903 was modified on 03 Sep 2013.

    03 Sep 2013

  • Director Appointment

    Subramanian Saravanan was appointed as a Director was appointed as a Director on 10 Jul 2008 & has been associated with this company since 16 years 7 months .

    10 Jul 2008

  • Charges

    A charge with Sundaram Finance Ltd. amounted to Rs. 0.05 Cr with Charge ID 90295192 was registered on 25 Dec 1997.

    25 Dec 1997

  • Charges

    A charge with Sundaram Finance Ltd. amounted to Rs. 0.05 Cr with Charge ID 90295191 was registered on 04 Dec 1997.

    04 Dec 1997

Frequently asked questions

  • Samayapuram Vel Industries Private Limited was incorporated on 18 Feb 1994.

  • The authorized share capital of Samayapuram Vel Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.86 M.

  • Currently 3 directors are associated with Samayapuram Vel Industries Private Limited.

    • Subramanian Sathammai
    • Shanmugam Subramanian
    • Subramanian Saravanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Samayapuram Vel Industries Private Limited is 69 Ganapathy Nagar Thiruvanai Koil India, Trichy, Tamil Nadu, 620005.

  • The corporate identification number (CIN) of Samayapuram Vel Industries Private Limited is U24294TN1994PTC026826 and the company number is 026826 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Samayapuram Vel Industries Private Limited has risen by 919.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Samayapuram Vel Industries Private Limited amount to ₹ 64.37 Cr.

  • The most recent Balance Sheet for Samayapuram Vel Industries Private Limited was filed with the ROC on 31 Mar 2023.