Velankani Electronics & Automotive Profile
Key Indicators
- Authorised Capital ₹ 40.10 Cr
- Paid Up Capital ₹ 40.01 Cr
- Company Age 9 Year, 7 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 seven months 30 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
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.
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
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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 LimitedNagaraj 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)
₹62.80 Cr
₹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.
