Vel Stonex Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
as on 03-12-2024
- Paid Up Capital ₹ 2.00 M
as on 03-12-2024
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.40 Cr
as on 03-12-2024
- Revenue -28.55%
(FY 2022)
- Profit -20.78%
(FY 2022)
- Ebitda -17.15%
(FY 2022)
- Net Worth -156.60%
(FY 2022)
- Total Assets -93.18%
(FY 2022)
About Vel Stonex
The Company is engaged in the Consumer Goods 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 7.00 M and a paid-up capital of Rs 2.00 M.
The company has closed loans amounting to ₹3.40 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rajarathnam Padma and Sivagnanakiramani serve as directors at the Company.
- CIN/LLPIN
U14102TN2006PTC059454
- Company No.
059454
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Vel Stonex?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajarathnam Padma  | Director | 14-Sep-2006 | Current |
| Sivagnanakiramani | Additional Director | 07-Apr-2022 | Current |
Financial Performance of Vel Stonex.
Vel Stonex Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 28.55% decrease. The company also saw a substantial fall in profitability, with a 20.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 156.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vel Stonex?
In 2018, Vel Stonex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Standard Match Industries Private LimitedActive 45 years 7 months
Rajarathnam Padma and Sivagnanakiramani are mutual person
- Standard Splints Private LimitedActive 20 years 7 months
Rajarathnam Padma and Sivagnanakiramani are mutual person
- Sri Shenbagavinayagar Matches Private LimitedActive 18 years 13 days
Rajarathnam Padma and Sivagnanakiramani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
L & T Finance Limited Creation Date: 29 Dec 2008 | ₹6.06 M | Satisfied |
L & T Finance Limited Creation Date: 11 Aug 2008 | ₹5.80 M | Satisfied |
L & T Finance Limited Creation Date: 16 Jul 2008 | ₹0.64 M | Satisfied |
How Many Employees Work at Vel Stonex?
Unlock and access historical data on people associated with Vel Stonex, 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 Stonex, 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 Stonex'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.
