Velankani Information Systems Private Limited

Develops and manages commercial properties, including a hotel and microbrewery.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Velankani Information Systems Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 7.37 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,175.08 Cr
  • Satisfied Charges ₹ 2,479.64 Cr
  • Revenue Growth 61.28%
  • Profit Growth 113.35%
  • Ebitda 129.37%
  • Net Worth 12.86%
  • Total Assets 15.05%

About Velankani Information Systems

Velankani Information Systems Private Limited (VISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 1999 and has a history of 25 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Velankani Information Systems Private Limited. The Company is engaged in the Travel And Hospitality 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 38.00 Cr and a paid-up capital of Rs 7.37 Cr.

The company currently has active open charges totaling ₹1,175.08 Cr. The company has closed loans amounting to ₹2,479.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Velankani Information Systems Private Limited India are Somenahalli Ramakrishnaiah as CFO and Anju Prakash as Company Secretary. Kiron Shah, Somenahalli Ramakrishnaiah, Anju Prakash, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA1999PTC025275

  • Company No.

    025275

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1999

  • Date of AGM

    14 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality
Infrastructure and Utilities

What products or services does Velankani Information Systems Private Limited offer?

Velankani Information Systems Private Limited offers a wide range of products and services, including Telecom Services, Engg & Maintenance, Mobile Communication Services, Camera & Photography Equipments, Photo Studio Equipment.

Who are the key members and board of directors at Velankani Information Systems?

Executive Team (3)

Name Designation Appointment Date Status
Kiron Shah Country flag representing In Managing Director 31-May-1999 Current
Somenahalli Ramakrishnaiah Country flag representing In CFO 06-May-2015 Current
Anju Prakash Country flag representing In Company Secretary 01-May-2008 Current

Board Members (5)

Name Designation Appointment Date Status
Gurdeep Singh Country flag representing In Director 31-May-1999 Current
Aanav Shah Country flag representing Us Director 02-Jun-2022 Current
Somenahalli Ramakrishnaiah Country flag representing In Director and Cfo 27-Aug-2014 Current
Anju Prakash Country flag representing In Director and Company Secretary 28-Mar-2017 Current
Aadit Shah Country flag representing Us Director 16-May-2018 Current

Financial Performance of Velankani Information Systems.

Velankani Information Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.28% increase. The company also saw a substantial improvement in profitability, with a 113.35% increase in profit. The company's net worth Soared by an impressive increase of 12.86%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
61.28%
Revenue from Operations
88.75%
Total Assets
15.05%
Profit or Loss
113.35%
Net Worth
12.86%
EBITDA
129.37%

What is the Ownership and Shareholding Structure of Velankani Information Systems?

In 2023, Velankani Information Systems had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,175.08 Cr

Satisfied Charges

₹2,479.64 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1133.95 Cr
  • Others : 14.68 Cr
  • Axis Bank Limited : 10.16 Cr
  • Hdfc Bank Limited : 6.48 Cr
  • Indian Bank : 3.70 Cr
  • Others : 6.11 Cr

Latest Charge Details

Date Lender Amount Status
26 Jun 2024 Others ₹7.33 M Open
26 Jun 2024 Others ₹3.34 Cr Open
31 May 2024 Others ₹5.00 Cr Open
20 May 2024 Hdfc Bank Limited ₹2.08 M Open
17 May 2024 Hdfc Bank Limited ₹9.00 M Open

How Many Employees Work at Velankani Information Systems?

Velankani Information Systems has a workforce of 543 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velankani Information Systems, 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 Information Systems's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Information Systems

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 1,133.95 Cr registered on 31 Jul 2023 with Charge ID 100766640 was modified on 05 Sep 2024.

    05 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100951928 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 3.34 Cr with Charge ID 100951934 was registered on 26 Jun 2024.

    26 Jun 2024

  • Annual General Meeting

    Velankani Information Systems Private Limited last Annual general meeting of members was held on 14 Jun 2024 as per latest MCA records.

    14 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100932988 was registered on 31 May 2024.

    31 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100944726 was registered on 20 May 2024.

    20 May 2024

Frequently asked questions

  • Velankani Information Systems Private Limited was incorporated on 31 May 1999.

  • The authorized share capital of Velankani Information Systems Private Limited is ₹ 38.00 Cr and paid-up capital is ₹ 7.37 Cr.

  • Currently 8 directors are associated with Velankani Information Systems Private Limited.

    • Kiron Dhirajlal Shah
    • Somenahalli Konappa Ramakrishnaiah
    • Anju Prakash
    • Gurdeep Singh
    • Aadit Shah
    • Somenahalli Konappa Ramakrishnaiah
    • Anju Prakash
    • Aanav Kiron Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velankani Information Systems Private Limited is No 43 Electronics City, Phase I Hosur Road India, Bangalore, Karnataka, 560100.

  • The corporate identification number (CIN) of Velankani Information Systems Private Limited is U72200KA1999PTC025275 and the company number is 025275 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velankani Information Systems Private Limited is https://www.velankanigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velankani Information Systems Private Limited has risen by 61.28%.

  • As Per 2023 financial reports, 543 employees are currently employed by Velankani Information Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velankani Information Systems Private Limited has experienced an upsurge of 12.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velankani Information Systems Private Limited amount to ₹ 1,175.08 Cr.

  • The most recent Balance Sheet for Velankani Information Systems Private Limited was filed with the ROC on 31 Mar 2024.

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