Velan Textiles Private Limited
Founded in 1980 and headquartered in Tamil Nadu, India.
1980 | Coimbatore, Tamil Nadu (India) | Active
Velan Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.45 Cr
- Company Age 45 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.38 M
- Revenue Growth 311.43%
- Profit Growth 43.90%
- Ebitda 60.47%
- Net Worth -3.00%
- Total Assets 2.66%
About Velan Textiles
Velan Textiles Private Limited (VTPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 February 1980 and has a history of 45 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Manufacturing 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 1.50 Cr and a paid-up capital of Rs 1.45 Cr.
The company currently has active open charges totaling ₹3.38 M.
Srinivasan Darnadeeksan, Krishnakarthikeyani, Sivasubramaniam Srinivasan, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ1980PTC009638
- Company No.
009638
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Feb 1980
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Velan Textiles Private Limited
Explore comprehensive data for Velan Textiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Velan Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sivasubramaniam Deivambal  | Managing Director | 04-Dec-1980 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivasan Darnadeeksan | Director | 01-Sep-2023 | Current |
| Krishnakarthikeyani | Director | 13-Feb-2024 | Current |
| Sivasubramaniam Srinivasan | Director | 23-Jan-2011 | Current |
Financial Performance of Velan Textiles.
Velan Textiles Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 311.43% increase. The company also saw a substantial improvement in profitability, with a 43.9% increase in profit. The company's net worth dipped by a decrease of 3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velan Textiles?
In 2018, Velan Textiles had a promoter holding of 33.10% and a public holding of 66.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0.34 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The Catholic Syrian Bank Limited : 0.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 1992 | The Catholic Syrian Bank Limited | ₹3.38 M | Open |
How Many Employees Work at Velan Textiles?
Unlock and access historical data on people associated with Velan Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velan Textiles, 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 Textiles'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 Textiles
Recent activity within the organization
- Director Appointment
Krishnakarthikeyani was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 28 days .
- Annual General Meeting
Velan Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Srinivasan Darnadeeksan was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
- Balance Sheet
Velan Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Sivasubramaniam Srinivasan was appointed as a Director was appointed as a Director on 23 Jan 2011 & has been associated with this company since 14 years 1 month .
- Charges
A charge with The Catholic Syrian Bank Limited amounted to Rs. 0.34 Cr with Charge ID 90002493 was registered on 10 Jul 1992.
Frequently asked questions
What is the Incorporation or founding date of Velan Textiles Private Limited?
Velan Textiles Private Limited was incorporated on 04 Feb 1980.
What is authorized share capital and paid-up capital of Velan Textiles Private Limited?
The authorized share capital of Velan Textiles Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.45 Cr.
Who are the current board members & directors of Velan Textiles Private Limited?
Currently 4 directors are associated with Velan Textiles Private Limited.
- Srinivasan Darnadeeksan
- Krishnakarthikeyani
- Sivasubramaniam Srinivasan
- Sivasubramaniam Deivambal
What is the registered address of Velan Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Velan Textiles Private Limited is No.440, Kamaraj Road India, Tiruppur, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Velan Textiles Private Limited?
The corporate identification number (CIN) of Velan Textiles Private Limited is U17111TZ1980PTC009638 and the company number is 009638 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Velan Textiles Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Velan Textiles Private Limited has risen by 311.43%.
What change has been observed in the net worth of Velan Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Velan Textiles Private Limited has experienced an downturn of -3.00%.
What are the total open charges for Velan Textiles Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Velan Textiles Private Limited amount to ₹ 3.38 M.
When was the last Balance Sheet of Velan Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Velan Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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