Vela Automobile Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 26-10-2024
- Paid Up Capital ₹ 5.00 M
as on 26-10-2024
- Company Age 3 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.51 Cr
as on 26-10-2024
- Satisfied Charges ₹ 8.00 Cr
as on 26-10-2024
- Revenue 502.59%
(FY 2023)
- Profit 852.45%
(FY 2023)
- Ebitda 1187.34%
(FY 2023)
- Net Worth 76.92%
(FY 2023)
- Total Assets 236.52%
(FY 2023)
About Vela Automobile
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.
- 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
Company Details
- Location
Tiruchirappalli, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media
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)
Trichikaveri Foods Private LimitedActive 6 years 8 monthsSadasivam Manivannan and Sibi Manivannan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Jul 2024 | ₹0.17 M | Open |
Indian Overseas Bank Creation Date: 30 Sep 2023 | ₹5.00 Cr | Open |
Others Creation Date: 29 Sep 2023 | ₹0.41 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.
