Vela Automobile Private Limited
Newly incorporated dealership business in Trichy, Tamil Nadu.
2021 | Tiruchirappalli, Tamil Nadu (India) | Active
Vela Automobile Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 4 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.51 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth 502.59%
- Profit Growth 852.45%
- Ebitda 1187.34%
- Net Worth 76.92%
- Total Assets 236.52%
About Vela Automobile
Vela Automobile Private Limited (VAPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 January 2021 (Four years and two months 21 days old ). Its registered office is in Tiruchirappalli, Tamil Nadu, India.
The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹10.51 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sadasivam Manivannan and Sibi Manivannan serve as directors at the Company.
Company Details
- Location
Tiruchirappalli, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50400TN2021PTC140931
- Company No.
140931
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jan 2021
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
Vela Automobile Private Limited
Explore comprehensive data for Vela Automobile Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vela Automobile?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sibi Manivannan  | Director | 23-Jan-2021 | Current |
| Sadasivam Manivannan | Director | 23-Jan-2021 | Current |
Financial Performance of Vela Automobile.
Vela Automobile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 502.59% increase. The company also saw a substantial improvement in profitability, with a 852.45% increase in profit. The company's net worth Soared by an impressive increase of 76.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vela Automobile?
In 2023, Vela Automobile 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)
Kaveri Garage Private LimitedSadasivam Manivannan is a mutual person
Chakra Equipments Private LimitedSadasivam Manivannan is a mutual person
Trichikaveri Foods Private LimitedSadasivam Manivannan and Sibi Manivannan are mutual person
- Foodsolve Private Limited
Sibi Manivannan is a mutual person
Charges (Loans)
Open Charges
₹105.14 M
Satisfied Charges
₹80.00 M
Charges Breakdown by Lending Institutions
- Others : 5.22 Cr
- Indian Overseas Bank : 5.00 Cr
- Hdfc Bank Limited : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2024 | Others | ₹0.17 M | Open |
| 30 Sep 2023 | Indian Overseas Bank | ₹5.00 Cr | Open |
| 29 Sep 2023 | Others | ₹0.41 M | Open |
| 26 May 2023 | Others | ₹0.42 M | Open |
| 06 Mar 2023 | Others | ₹0.45 M | Open |
How Many Employees Work at Vela Automobile?
Vela Automobile has a workforce of 121 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vela Automobile, 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 Vela Automobile'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 Vela Automobile
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.17 M with Charge ID 100959433 was registered on 15 Jul 2024.
- Charges
A charge registered on 26 Dec 2022 via Charge ID 100661164 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.
- Charges
A charge registered on 06 Oct 2021 via Charge ID 100494924 with Others was fully satisfied on 08 Mar 2024.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 50.00 M with Charge ID 100824896 was registered on 30 Sep 2023.
- Charges
A charge with Others amounted to Rs. 0.41 M with Charge ID 100803041 was registered on 29 Sep 2023.
- Annual General Meeting
Vela Automobile Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Vela Automobile Private Limited?
Vela Automobile Private Limited was incorporated on 23 Jan 2021.
What is authorized share capital and paid-up capital of Vela Automobile Private Limited?
The authorized share capital of Vela Automobile Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Vela Automobile Private Limited?
Currently 2 directors are associated with Vela Automobile Private Limited.
- Sadasivam Manivannan
- Sibi Manivannan
What is the registered address of Vela Automobile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vela Automobile Private Limited is No. 19 Annamalai Nagar Main Road Thillai Nagar, India, Trichy, Tamil Nadu, 620018.
What is the corporate identification number (CIN) and company number of Vela Automobile Private Limited?
The corporate identification number (CIN) of Vela Automobile Private Limited is U50400TN2021PTC140931 and the company number is 140931 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Vela Automobile Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vela Automobile Private Limited has risen by 502.59%.
How many employees does Vela Automobile Private Limited currently have?
As Per 2023 financial reports, 121 employees are currently employed by Vela Automobile Private Limited.
What change has been observed in the net worth of Vela Automobile Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vela Automobile Private Limited has experienced an upsurge of 76.92%.
What are the total open charges for Vela Automobile Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vela Automobile Private Limited amount to ₹ 10.51 Cr.
When was the last Balance Sheet of Vela Automobile Private Limited filed with the ROC?
The most recent Balance Sheet for Vela Automobile Private Limited was filed with the ROC on 31 Mar 2023.
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