Velatal Industries Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.95 Cr
- Company Age 43 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 91.27 Cr
- Satisfied Charges ₹ 65.24 Cr
- Revenue Growth -9.00%
- Profit Growth 44.90%
- Ebitda 12.61%
- Net Worth 12.75%
- Total Assets 15.54%
About Velatal Industries
Velatal Industries Private Limited (VIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 1981 and has a history of 43 years and nine months. Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Velatal Spinning Mills Private Limited. The Company is engaged in the Environment 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 2.00 Cr and a paid-up capital of Rs 1.95 Cr.
The company currently has active open charges totaling ₹91.27 Cr. The company has closed loans amounting to ₹65.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanisamy Selvaraj, Hariprasath Selvaraj, and Sudha Selvaraj serve as directors at the Company.
Company Details
- Location
Namakkal, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1981PTC001053
- Company No.
001053
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Velatal Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hariprasath Selvaraj  | Managing Director | 12-Nov-2012 | Current |
| Palanisamy Selvaraj | Managing Director | 08-May-1981 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudha Selvaraj | Director | 30-Sep-1997 | Current |
Financial Performance of Velatal Industries.
Velatal Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9% decrease. The company also saw a substantial improvement in profitability, with a 44.9% increase in profit. The company's net worth Soared by an impressive increase of 12.75%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Velatal Industries?
In 2023, Velatal Industries had a promoter holding of 65.11% and a public holding of 34.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajave Textiles Private LimitedPalanisamy Selvaraj is a mutual person
- Velatal Wind Farms Private Limited
Palanisamy Selvaraj and Hariprasath Selvaraj are mutual person
- Palanisamy Charitable Foundation
Palanisamy Selvaraj and Hariprasath Selvaraj are mutual person
Charges (Loans)
₹91.27 Cr
₹65.24 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 91.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2020 | Axis Bank Limited | ₹91.27 Cr | Open |
| 05 Oct 1998 | Bank Of India | ₹8.00 M | Satisfied |
| 06 Dec 1990 | Bank Of India | ₹1.00 M | Satisfied |
| 24 Jan 1983 | Bank Of India | ₹1.00 M | Satisfied |
| 21 Jan 1983 | Bank Of India | ₹64.24 Cr | Satisfied |
How Many Employees Work at Velatal Industries?
Unlock and access historical data on people associated with Velatal Industries, 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 Velatal Industries, 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 Velatal Industries's trajectory.
Rating
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Alerts
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