Velavar Palayakat Co Private Limited

Founded in 1991 and headquartered in Tamil Nadu, India.

1991 | Chennai 69, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Velavar Palayakat Co Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Revenue Growth -2.59%
  • Profit Growth -45.29%
  • Ebitda -49.52%
  • Net Worth -24.69%
  • Total Assets -18.75%

About Velavar Palayakat Co

Velavar Palayakat Co Private Limited (VPCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 July 1991 and has a history of 33 years and six months. Its registered office is in Chennai 69, Tamil Nadu.

The Company is engaged in the Textile 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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹2.00 M.

Mahdoon Sadiq and Ebrahim Sithik serve as directors at the Company.

Company Details

  • Location Chennai 69, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299TN1991PTC003373

  • Company No.

    003373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Textile

Who are the key members and board of directors at Velavar Palayakat Co?

Board Members (2)

Name Designation Appointment Date Status
Mahdoon Sadiq Country flag representing In Additional Director 19-Jun-2023 Current
Ebrahim Sithik Country flag representing In Director 29-Jan-2004 Current

Financial Performance of Velavar Palayakat Co.

Velavar Palayakat Co Private Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 2.59% decrease. The company also saw a substantial fall in profitability, with a 45.29% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.69%.

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
-2.59%
Revenue from Operations
Total Assets
-18.75%
Profit or Loss
-45.29%
Net Worth
-24.69%
EBITDA
-49.52%

What is the Ownership and Shareholding Structure of Velavar Palayakat Co?

In 2017, Velavar Palayakat Co 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)

Open Charges

₹2.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
13 Sep 2008 Indian Overseas Bank ₹2.00 M Open

How Many Employees Work at Velavar Palayakat Co?

Unlock and access historical data on people associated with Velavar Palayakat Co, 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 Velavar Palayakat Co, 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 Velavar Palayakat Co'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 Velavar Palayakat Co

Recent activity within the organization

  • Annual General Meeting

    Velavar Palayakat Co Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Mahdoon Jamaludeen Sadiq was appointed as a Additional Director was appointed as a Additional Director on 19 Jun 2023 & has been associated with this company since 1 year 7 months .

    19 Jun 2023

  • Balance Sheet

    Velavar Palayakat Co Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 2.00 M with Charge ID 10123923 was registered on 13 Sep 2008.

    13 Sep 2008

  • Director Appointment

    Ebrahim Mohamed Sithik was appointed as a Director was appointed as a Director on 29 Jan 2004 & has been associated with this company since 21 years 18 days .

    29 Jan 2004

  • Company Incorporation

    Velavar Palayakat Co Private Limited was registered on 25 Jul 1991 with Roc Chennai & aged 33 years 6 months as per MCA records.

    25 Jul 1991

Frequently asked questions

  • Velavar Palayakat Co Private Limited was incorporated on 25 Jul 1991.

  • The authorized share capital of Velavar Palayakat Co Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Velavar Palayakat Co Private Limited.

    • Mahdoon Jamaludeen Sadiq
    • Ebrahim Mohamed Sithik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velavar Palayakat Co Private Limited is 63 Karchaleeswararagragaram Street India, Chennai 69, Tamil Nadu.

  • The corporate identification number (CIN) of Velavar Palayakat Co Private Limited is U17299TN1991PTC003373 and the company number is 003373 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Velavar Palayakat Co Private Limited has fallen by -2.59%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Velavar Palayakat Co Private Limited has experienced an downturn of -24.69%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Velavar Palayakat Co Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Velavar Palayakat Co Private Limited was filed with the ROC on 31 Mar 2023.

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