Velan It Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 15 Year, 5 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 five 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2009PTC051536
- Company No.
051536
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Nov 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
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.
Velan It Solutions Private Limited
Explore comprehensive data for Velan It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Velan It Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sriram Raman  | Managing Director | 18-Nov-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rengan Raman | Director | 06-Dec-2012 | Current |
| Sinduja Sriram | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
- Sashtik Projects Private Limited
Sriram Raman and Sinduja Sriram are mutual person
Charges (Loans)
Open Charges
₹177.48 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Velan It Solutions
Recent activity within the organization
- Annual General Meeting
Velan It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Velan It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 177.48 M registered on 04 Oct 2012 with Charge ID 10386119 was modified on 17 Jul 2023.
- Director Appointment
Sinduja Sriram was appointed as a Director was appointed as a Director on 28 Jul 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Rengan Raman was appointed as a Director was appointed as a Director on 06 Dec 2012 & has been associated with this company since 12 years 5 months .
- Charges
A charge with Others amounted to Rs. 177.48 M with Charge ID 10386119 was registered on 04 Oct 2012.
Frequently asked questions
What is the Incorporation or founding date of Velan It Solutions Private Limited?
Velan It Solutions Private Limited was incorporated on 18 Nov 2009.
What is authorized share capital and paid-up capital of Velan It Solutions Private Limited?
The authorized share capital of Velan It Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Velan It Solutions Private Limited?
Currently 3 directors are associated with Velan It Solutions Private Limited.
- Sriram Raman
- Rengan Raman
- Sinduja Sriram
What is the registered address of Velan It Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Velan It Solutions Private Limited is No. 25/A 1St Floor Krishna Reddy Colony, Domlur Lay Out India, Bangalore, Karnataka, 560071.
What is the corporate identification number (CIN) and company number of Velan It Solutions Private Limited?
The corporate identification number (CIN) of Velan It Solutions Private Limited is U72200KA2009PTC051536 and the company number is 051536 as per Ministry of Corporate Affairs (MCA).
What is the official website of Velan It Solutions Private Limited?
The Official website of Velan It Solutions Private Limited is https://www.velan.asia
What has been the recent revenue trend for Velan It Solutions Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Velan It Solutions Private Limited has risen by 68.81%.
How many employees does Velan It Solutions Private Limited currently have?
As Per 2024 financial reports, 105 employees are currently employed by Velan It Solutions Private Limited.
What change has been observed in the net worth of Velan It Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Velan It Solutions Private Limited has experienced an upsurge of 42.06%.
What are the total open charges for Velan It Solutions Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Velan It Solutions Private Limited amount to ₹ 17.75 Cr.
When was the last Balance Sheet of Velan It Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Velan It Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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