Velan Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 04-10-2024
- Paid Up Capital ₹ 1.45 Cr
as on 04-10-2024
- Company Age 44 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.38 M
as on 04-10-2024
- Revenue 311.43%
(FY 2020)
- Profit 43.90%
(FY 2020)
- Ebitda 60.47%
(FY 2020)
- Net Worth -3.00%
(FY 2020)
- Total Assets 2.66%
(FY 2020)
About Velan Textiles
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.
Sivasubramaniam Deivambal, Sivasubramaniam Srinivasan, Srinivasan Darnadeeksan, and One other member serve as directors at the Company.
- 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
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
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 |
|---|---|---|---|
| Sivasubramaniam Srinivasan | Director | 23-Jan-2011 | Current |
| Srinivasan Darnadeeksan | Director | 14-Feb-2024 | Current |
| Krishnakarthikeyani | Director | 16-Feb-2024 | 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
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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)
| Lender | Amount | Status |
|---|---|---|
The Catholic Syrian Bank Limited Creation Date: 10 Jul 1992 | ₹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.
