Velan Builders Private Limited

Constructs roads and bridges for civil development.

2008 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Velan Builders Profile

Key Indicators

  • Authorised Capital ₹ 9.90 M
  • Paid Up Capital ₹ 9.90 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.19 Cr
  • Satisfied Charges ₹ 4.43 M
  • Revenue Growth 55.36%
  • Profit Growth 13.31%
  • Ebitda 16.80%
  • Net Worth 12.01%
  • Total Assets 3.81%

About Velan Builders

Velan Builders Private Limited (VBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 2008 and has a history of 16 years and 11 months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.

The Company is engaged in the Infrastructure And Utilities 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 9.90 M and a paid-up capital of Rs 9.90 M.

The company currently has active open charges totaling ₹14.19 Cr. The company has closed loans amounting to ₹4.43 M, as per Ministry of Corporate Affairs (MCA) records.

Velan Kannaiyan and Pushpalatha Kannaiyan 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

    U70101TN2008PTC066524

  • Company No.

    066524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Velan Builders?

Executive Team (1)

Name Designation Appointment Date Status
Velan Kannaiyan Country flag representing In Managing Director 19-Feb-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Pushpalatha Kannaiyan Country flag representing In Director 19-Feb-2008 Current

Financial Performance of Velan Builders.

Velan Builders Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 55.36% increase. The company also saw a substantial improvement in profitability, with a 13.31% increase in profit. The company's net worth Soared by an impressive increase of 12.01%.

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
55.36%
Revenue from Operations
57.05%
Total Assets
3.81%
Profit or Loss
13.31%
Net Worth
12.01%
EBITDA
16.80%

What is the Ownership and Shareholding Structure of Velan Builders?

In 2021, Velan Builders had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹141.85 M

Satisfied Charges

₹4.43 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 14.19 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2008 Indian Overseas Bank ₹14.19 Cr Open
17 Feb 2015 Sundaram Finance Limited ₹4.43 M Satisfied

How Many Employees Work at Velan Builders?

Velan Builders has a workforce of 23 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velan Builders, 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 Velan Builders'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 Velan Builders

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank of Rs. 141.85 M registered on 29 Sep 2008 with Charge ID 10131079 was modified on 11 Mar 2024.

    11 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Velan Builders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 17 Feb 2015 via Charge ID 10576426 with Sundaram Finance Limited was fully satisfied on 06 Apr 2018.

    06 Apr 2018

  • Charges

    A charge with Sundaram Finance Limited amounted to Rs. 4.43 M with Charge ID 10576426 was registered on 17 Feb 2015.

    17 Feb 2015

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 141.85 M with Charge ID 10131079 was registered on 29 Sep 2008.

    29 Sep 2008

Frequently asked questions

  • Velan Builders Private Limited was incorporated on 19 Feb 2008.

  • The authorized share capital of Velan Builders Private Limited is ₹ 9.90 M and paid-up capital is ₹ 9.90 M.

  • Currently 2 directors are associated with Velan Builders Private Limited.

    • Velan Panan Gondar Kannaiyan
    • Pushpalatha Kannaiyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velan Builders Private Limited is No.3 Periyar Thottam Ponneripuram Main Road, Ponmalaipatti India, Tiruchirapalli, Tamil Nadu, 620004.

  • The corporate identification number (CIN) of Velan Builders Private Limited is U70101TN2008PTC066524 and the company number is 066524 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Velan Builders Private Limited has risen by 55.36%.

  • As Per 2021 financial reports, 23 employees are currently employed by Velan Builders Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Velan Builders Private Limited has experienced an upsurge of 12.01%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Velan Builders Private Limited amount to ₹ 14.19 Cr.

  • The most recent Balance Sheet for Velan Builders Private Limited was filed with the ROC on 31 Mar 2023.