Velan It Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.75 Cr
- Revenue Growth 68.81%
- Profit Growth 32.29%
- Ebitda -9.47%
- Net Worth 42.06%
- Total Assets 9.89%
About Velan It Solutions
Velan It Solutions Private Limited (VISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2009 and has a history of 15 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. 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 ₹17.75 Cr.
Sriram Raman, Rengan Raman, and Sinduja Sriram serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200KA2009PTC051536
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Company No.
051536
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Nov 2009
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Velan It Solutions Private Limited offer?
Velan It Solutions Private Limited offers a wide range of products and services, including Access Control Systems, Biometric Access Control System, Biometric System, Road Barriers, Boom Barrier, IT Solutions, Video Analytics, Security AlArms, Detectors & Devices, Security Alarm Systems, CCTV Camera.
Who are the key members and board of directors at Velan It Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sriram Raman
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Managing Director | 18-Nov-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rengan Raman
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Director | 06-Dec-2012 | Current |
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Sinduja Sriram
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Director | 28-Jul-2021 | Current |
Financial Performance of Velan It Solutions.
Velan It Solutions Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 68.81% increase. The company also saw a substantial improvement in profitability, with a 32.29% increase in profit. The company's net worth Soared by an impressive increase of 42.06%.
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What is the Ownership and Shareholding Structure of Velan It Solutions?
In 2024, Velan It Solutions 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)
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Sashtik Projects Private LimitedSriram Raman and Sinduja Sriram are mutual person
Charges (Loans)
₹177.48 M
₹0
Charges Breakdown by Lending Institutions
- Others : 17.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2012 | Others | ₹17.75 Cr | Open |
How Many Employees Work at Velan It Solutions?
Velan It Solutions has a workforce of 105 employees as of Dec 20, 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 Velan It Solutions, 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 It Solutions'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.
