Velar Structures Private Limited

Manufactures and sells industrial structures made of aluminum, alloy, and stainless steel.

2020 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 15, 2024

Velar Structures Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -19.98%
  • Profit Growth -21.20%
  • Ebitda -39.60%
  • Net Worth 40.48%
  • Total Assets 10.93%

About Velar Structures

Velar Structures Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 2020 (Four years and seven months 19 days old ). Its registered office is in Ahmedabad, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mitesh Patel and Gitaben Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45309GJ2020PTC114307

  • Company No.

    114307

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2020

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Velar Structures Private Limited offer?

Velar Structures Private Limited offers a wide range of products and services, including Prefabricated Houses & Structures, Prefabricated Structures, Industrial & Metal Fabrication, Structural Fabrication.

Who are the key members and board of directors at Velar Structures?

Executive Team (1)

NameDesignationAppointment DateStatus
Mitesh Patel Country flag representing In Managing Director03-Jul-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Gitaben Patel Country flag representing In Director 03-Jul-2020Current

Financial Performance of Velar Structures.

Velar Structures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.98% decrease. The company also saw a substantial fall in profitability, with a 21.2% decrease in profit. The company's net worth Soared by an impressive increase of 40.48%.

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
-19.98%
Revenue from Operations
-20.66%
Total Assets
10.93%
Profit or Loss
-21.20%
Net Worth
40.48%
EBITDA
-39.60%

What is the Ownership and Shareholding Structure of Velar Structures?

Unlock access to Velar Structures's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Velar Structures?

Velar Structures has a workforce of 0 employees as of Apr 02, 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 Velar Structures, 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 Velar Structures'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 Velar Structures

Recent activity within the organization

  • Annual General Meeting

    Velar Structures Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Velar Structures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Mitesh Patel was appointed as a Managing Director was appointed as a Managing Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

  • Director Appointment

    Gitaben Rameshbhai Patel was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

  • Company Incorporation

    Velar Structures Private Limited was registered on 03 Jul 2020 with Roc Ahmedabad & aged 4 years 7 months as per MCA records.

    03 Jul 2020

Frequently asked questions

  • Velar Structures Private Limited was incorporated on 03 Jul 2020.

  • The authorized share capital of Velar Structures Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Velar Structures Private Limited.

    • Mitesh Patel
    • Gitaben Rameshbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velar Structures Private Limited is 39/1 Talvadi Opp Moon Light Nr Jantanagar Ramol Road, India, Ahmedabad, Gujarat, 382449.

  • The corporate identification number (CIN) of Velar Structures Private Limited is U45309GJ2020PTC114307 and the company number is 114307 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velar Structures Private Limited has fallen by -19.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velar Structures Private Limited has experienced an upsurge of 40.48%.

  • The most recent Balance Sheet for Velar Structures Private Limited was filed with the ROC on 31 Mar 2024.