Velavan Finance & Investments (Tuticorin) Private Limited

Chit fund company with registered office in Tamil Nadu.

1996 | Tuticorin, Tamil Nadu (India) | Active
Last Updated: December 18, 2024

Velavan Finance & Investments (Tuticorin) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -11.97%
  • Profit Growth -8.24%
  • Ebitda -11.77%
  • Net Worth 19.11%
  • Total Assets 2.31%

About Velavan Finance & Investments (Tuticorin)

Velavan Finance & Investments (Tuticorin) Private Limited (VFITPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 September 1996 and has a history of 28 years and five months. Its registered office is in Tuticorin, Tamil Nadu, India.

The Company is engaged in the Financial Services 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 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Thangasamy Periasekar, Ananth, Jeyasankar Hariprabhu, and One other member serve as directors at the Company.

Company Details

  • Location

    Tuticorin, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921TN1996PTC036512

  • Company No.

    036512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Velavan Finance & Investments (Tuticorin)?

Board Members (4)

NameDesignationAppointment DateStatus
Thangasamy Periasekar Country flag representing In Director 05-Jan-2015Current
Ananth Country flag representing In Director 09-Sep-1996Current
Jeyasankar Hariprabhu Country flag representing In Director 07-Jun-2019Current
Maharajan Country flag representing In Director 09-Sep-1996Current

Financial Performance of Velavan Finance & Investments (Tuticorin).

Velavan Finance & Investments (Tuticorin) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.97% decrease. The company also saw a slight decrease in profitability, with a 8.24% decrease in profit. The company's net worth Soared by an impressive increase of 19.11%.

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
-11.97%
Revenue from Operations
-11.97%
Total Assets
2.31%
Profit or Loss
-8.24%
Net Worth
19.11%
EBITDA
-11.77%

What is the Ownership and Shareholding Structure of Velavan Finance & Investments (Tuticorin)?

In 2021, Velavan Finance & Investments (Tuticorin) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Velavan Finance & Investments (Tuticorin)?

Unlock and access historical data on people associated with Velavan Finance & Investments (Tuticorin), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velavan Finance & Investments (Tuticorin), 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 Velavan Finance & Investments (Tuticorin)'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 Velavan Finance & Investments (Tuticorin)

Recent activity within the organization

  • Annual General Meeting

    Velavan Finance & Investments (Tuticorin) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Velavan Finance & Investments (Tuticorin) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Jeyasankar Hariprabhu was appointed as a Director was appointed as a Director on 07 Jun 2019 & has been associated with this company since 5 years 8 months .

    07 Jun 2019

  • Director Appointment

    Thangasamy Periasekar was appointed as a Director was appointed as a Director on 05 Jan 2015 & has been associated with this company since 10 years 1 month .

    05 Jan 2015

  • Director Appointment

    Ananth was appointed as a Director was appointed as a Director on 09 Sep 1996 & has been associated with this company since 28 years 5 months .

    09 Sep 1996

  • Director Appointment

    Maharajan was appointed as a Director was appointed as a Director on 09 Sep 1996 & has been associated with this company since 28 years 5 months .

    09 Sep 1996

Frequently asked questions

  • Velavan Finance & Investments (Tuticorin) Private Limited was incorporated on 09 Sep 1996.

  • The authorized share capital of Velavan Finance & Investments (Tuticorin) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Velavan Finance & Investments (Tuticorin) Private Limited.

    • Thangasamy Periasekar
    • Ananth
    • Jeyasankar Hariprabhu
    • Maharajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velavan Finance & Investments (Tuticorin) Private Limited is 1/127 South Street Meelavittan, Thoothokudi India, Tuticorin, Tamil Nadu, 628002.

  • The corporate identification number (CIN) of Velavan Finance & Investments (Tuticorin) Private Limited is U65921TN1996PTC036512 and the company number is 036512 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Velavan Finance & Investments (Tuticorin) Private Limited has fallen by -11.97%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Velavan Finance & Investments (Tuticorin) Private Limited has experienced an upsurge of 19.11%.

  • The most recent Balance Sheet for Velavan Finance & Investments (Tuticorin) Private Limited was filed with the ROC on 31 Mar 2023.

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