Velankani Electronics & Automotive Profile
Key Indicators
- Authorised Capital ₹ 40.10 Cr
- Paid Up Capital ₹ 40.01 Cr
- Company Age 9 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 62.80 Cr
- Satisfied Charges ₹ 40.00 Cr
- Revenue Growth -17.73%
- Profit Growth 60.65%
- Ebitda -806.50%
- Net Worth -10.88%
- Total Assets -4.10%
About Velankani Electronics & Automotive
Velankani Electronics & Automotive Private Limited (VEAPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 June 2015 (Nine years and eight months 17 days old ). Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Velankani Electronics Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 40.10 Cr and a paid-up capital of Rs 40.01 Cr.
The company currently has active open charges totaling ₹62.80 Cr. The company has closed loans amounting to ₹40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Velankani Electronics & Automotive Private Limited India are Rekha Lakhotia as COMPANY SECRETARY and Nagaraj Hariharasubramony as Cfo. Nagaraj Hariharasubramony and Kiron Shah serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32102KA2015PTC081173
- Company No.
081173
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 2015
- Date of AGM
14 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Velankani Electronics & Automotive Private Limited offer?
Velankani Electronics & Automotive Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Energy Meter, Media Streaming Devices, Broadcasting Equipment, Adaptors, Plugs & Sockets, Plugs, Intelligence and Spying Devices, Satellite System, Camera & Photography Equipments, Photo Studio Equipment.
Velankani Electronics & Automotive Private Limited
Explore comprehensive data for Velankani Electronics & Automotive Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Velankani Electronics & Automotive?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiron Shah  | Managing Director | 26-Jun-2015 | Current |
| Rekha Lakhotia | Company Secretary | Current | |
| Nagaraj Hariharasubramony | CFO | 30-Apr-2021 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nagaraj Hariharasubramony | Director | 01-Sep-2020 | Current |
Financial Performance of Velankani Electronics & Automotive.
Velankani Electronics & Automotive Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.73% decrease. The company also saw a substantial improvement in profitability, with a 60.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Velankani Electronics & Automotive?
In 2023, Velankani Electronics & Automotive 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)
Weroute Global Fund Solutions Private LimitedNagaraj Hariharasubramony is a mutual person
Bydesign India Private LimitedNagaraj Hariharasubramony and Kiron Shah are mutual person
- Velankani Infrastructure Private Limited
Nagaraj Hariharasubramony and Kiron Shah are mutual person
- Vkn Telecom Private Limited
Nagaraj Hariharasubramony and Kiron Shah are mutual person
- Velankani Cloud Solutions Private Limited
Nagaraj Hariharasubramony and Kiron Shah are mutual person
- Velankani Infrastructure & Projects Private Limited
Nagaraj Hariharasubramony is a mutual person
Charges (Loans)
Open Charges
₹62.80 Cr
Satisfied Charges
₹40.00 Cr
Charges Breakdown by Lending Institutions
- Others : 55.00 Cr
- State Bank Of India : 7.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2020 | State Bank Of India | ₹5.40 Cr | Open |
| 27 Apr 2020 | State Bank Of India | ₹2.40 Cr | Open |
| 16 Jan 2016 | Others | ₹55.00 Cr | Open |
| 25 Aug 2015 | Others | ₹40.00 Cr | Satisfied |
How Many Employees Work at Velankani Electronics & Automotive?
Velankani Electronics & Automotive has a workforce of 96 employees as of Apr 09, 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 Velankani Electronics & Automotive, 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 Velankani Electronics & Automotive'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 Velankani Electronics & Automotive
Recent activity within the organization
- Annual General Meeting
Velankani Electronics & Automotive Private Limited last Annual general meeting of members was held on 14 Jun 2023 as per latest MCA records.
- Balance Sheet
Velankani Electronics & Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Nagaraj Hariharasubramony was appointed as a Cfo was appointed as a Cfo on 30 Apr 2021 & has been associated with this company since 3 years 10 months .
- Director Appointment
Nagaraj Hariharasubramony was appointed as a Director was appointed as a Director on 01 Sep 2020 & has been associated with this company since 4 years 6 months .
- Charges
A charge with State Bank Of India amounted to Rs. 5.40 Cr with Charge ID 100360040 was registered on 19 Aug 2020.
- Charges
A charge with State Bank Of India amounted to Rs. 2.40 Cr with Charge ID 100345052 was registered on 27 Apr 2020.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Velankani Electronics & Automotive Private Limited?
Velankani Electronics & Automotive Private Limited was incorporated on 26 Jun 2015.
What is authorized share capital and paid-up capital of Velankani Electronics & Automotive Private Limited?
The authorized share capital of Velankani Electronics & Automotive Private Limited is ₹ 40.10 Cr and paid-up capital is ₹ 40.01 Cr.
Who are the current board members & directors of Velankani Electronics & Automotive Private Limited?
Currently 4 directors are associated with Velankani Electronics & Automotive Private Limited.
- Rekha Lakhotia
- Nagaraj Hariharasubramony
- Nagaraj Hariharasubramony
- Kiron Dhirajlal Shah
What is the registered address of Velankani Electronics & Automotive Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Velankani Electronics & Automotive Private Limited is No 43 Electronics City Phase I Hosur Road, Bangalore, Karnataka, India, 560100.
What is the corporate identification number (CIN) and company number of Velankani Electronics & Automotive Private Limited?
The corporate identification number (CIN) of Velankani Electronics & Automotive Private Limited is U32102KA2015PTC081173 and the company number is 081173 as per Ministry of Corporate Affairs (MCA).
What is the official website of Velankani Electronics & Automotive Private Limited?
The Official website of Velankani Electronics & Automotive Private Limited is https://www.velankanigroup.com
What has been the recent revenue trend for Velankani Electronics & Automotive Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Velankani Electronics & Automotive Private Limited has fallen by -17.73%.
How many employees does Velankani Electronics & Automotive Private Limited currently have?
As Per 2023 financial reports, 96 employees are currently employed by Velankani Electronics & Automotive Private Limited.
What change has been observed in the net worth of Velankani Electronics & Automotive Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Velankani Electronics & Automotive Private Limited has experienced an downturn of -10.88%.
What are the total open charges for Velankani Electronics & Automotive Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Velankani Electronics & Automotive Private Limited amount to ₹ 62.80 Cr.
When was the last Balance Sheet of Velankani Electronics & Automotive Private Limited filed with the ROC?
The most recent Balance Sheet for Velankani Electronics & Automotive Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
PG
Pavan GogineniDirectorSN
Sashi NatarajanDirectorNP
Nirmal PuthiyaDirectorSR
Somenahalli RamakrishnaiahDirector and Cfo(Kmp)