Velavan Hyper Market Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 5.00 Cr
as on 16-11-2024
- Company Age 4 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2.00 Cr
as on 16-11-2024
- Revenue 25.84%
(FY 2023)
- Profit 36.02%
(FY 2023)
- Ebitda 14.73%
(FY 2023)
- Net Worth 167.78%
(FY 2023)
- Total Assets 24.04%
(FY 2023)
About Velavan Hyper Market
The Company is engaged in the Consumer Services 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 7.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Maharajan, Ananth, Kartheesan Mani, and Two other members serve as directors at the Company.
- CIN/LLPIN
U52599TN2020PTC138074
- Company No.
138074
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tuticorin, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Velavan Hyper Market?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maharajan  | Director | 19-Sep-2020 | Current |
| Ananth | Director | 19-Sep-2020 | Current |
| Kartheesan Mani | Director | 19-Sep-2020 | Current |
| Sappani Sankar | Director | 19-Sep-2020 | Current |
| Arumuga Thangavel | Director | 04-Mar-2022 | Current |
Financial Performance of Velavan Hyper Market.
Velavan Hyper Market Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.84% increase. The company also saw a substantial improvement in profitability, with a 36.02% increase in profit. The company's net worth Soared by an impressive increase of 167.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Velavan Hyper Market?
In 2023, Velavan Hyper Market had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Velavan Stores Jewellers Private LimitedActive 4 years 6 monthsMaharajan, Ananth and 1 more are mutual person
Velavan Stores Silks Private LimitedActive 4 years 4 monthsMaharajan, Ananth and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tamilnad Mercantile Bank Limited Creation Date: 24 Oct 2024 | ₹15.00 Cr | Open |
Others Creation Date: 07 Jan 2021 | ₹2.00 Cr | Satisfied |
How Many Employees Work at Velavan Hyper Market?
Velavan Hyper Market has a workforce of 89 employees as of Apr 03, 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 Velavan Hyper Market, 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 Hyper Market'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.
