Velcord Textiles Private Limited

Produces and sells high-quality corduroy and velveteen fabrics for various markets.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Velcord Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.36 Cr
  • Revenue Growth 90.30%
  • Profit Growth 220.59%
  • Ebitda 84.46%
  • Net Worth 13.06%
  • Total Assets -0.45%

About Velcord Textiles

Velcord Textiles Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 2001 and has a history of 23 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹13.36 Cr.

Ravendra Jain, Amla Jain, and Siddharth Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    corduroy.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17212MH2001PTC132306

  • Company No.

    132306

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Velcord Textiles Private Limited offer?

Velcord Textiles Private Limited offers a wide range of products and services, including Home Decor Fabric, Home Decor & Furnishing Fabrics, Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Kids Wear, Corduroy Fabric.

Who are the key members and board of directors at Velcord Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Ravendra Jain Country flag representing In Director 12-Jun-2001Current
Amla Jain Country flag representing In Director 12-Jun-2001Current
Siddharth Jain Country flag representing In Director 01-Sep-2013Current

Financial Performance of Velcord Textiles.

Velcord Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.3% increase. The company also saw a substantial improvement in profitability, with a 220.59% increase in profit. The company's net worth Soared by an impressive increase of 13.06%.

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
90.30%
Revenue from Operations
91.37%
Total Assets
-0.45%
Profit or Loss
220.59%
Net Worth
13.06%
EBITDA
84.46%

What is the Ownership and Shareholding Structure of Velcord Textiles?

In 2023, Velcord Textiles 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

₹13.36 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.36 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2007Hdfc Bank Limited₹13.36 CrOpen

How Many Employees Work at Velcord Textiles?

Velcord Textiles has a workforce of 10 employees as of Apr 07, 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 Velcord Textiles, 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 Velcord Textiles'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 Velcord Textiles

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.36 Cr registered on 26 Dec 2007 with Charge ID 10087087 was modified on 07 Feb 2024.

    07 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Velcord Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Siddharth Ravendra Jain was appointed as a Director was appointed as a Director on 01 Sep 2013 & has been associated with this company since 11 years 5 months .

    01 Sep 2013

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.36 Cr with Charge ID 10087087 was registered on 26 Dec 2007.

    26 Dec 2007

  • Director Appointment

    Ravendra Manoharlal Jain was appointed as a Director was appointed as a Director on 12 Jun 2001 & has been associated with this company since 23 years 8 months .

    12 Jun 2001

Frequently asked questions

  • Velcord Textiles Private Limited was incorporated on 12 Jun 2001.

  • The authorized share capital of Velcord Textiles Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 3 directors are associated with Velcord Textiles Private Limited.

    • Ravendra Manoharlal Jain
    • Amla Ravendra Jain
    • Siddharth Ravendra Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velcord Textiles Private Limited is 7Th Floor, Kudrat Bldg15Th Road Khar West India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Velcord Textiles Private Limited is U17212MH2001PTC132306 and the company number is 132306 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velcord Textiles Private Limited is https://www.corduroy.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velcord Textiles Private Limited has risen by 90.30%.

  • As Per 2023 financial reports, 10 employees are currently employed by Velcord Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velcord Textiles Private Limited has experienced an upsurge of 13.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velcord Textiles Private Limited amount to ₹ 13.36 Cr.

  • The most recent Balance Sheet for Velcord Textiles Private Limited was filed with the ROC on 31 Mar 2023.