Velev Motors India Private Limited

Manufacturer of electric vehicles and lithium battery packs in India.

2018 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 04, 2024

Velev Motors India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth %
  • Net Worth 736.97%
  • Total Assets 252.68%

About Velev Motors India

Velev Motors India Private Limited (VMIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 April 2018 (Six years and nine months 18 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Automotive 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.00 M.

Sakthi Mala and Kolappan Ganesh serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500TN2018PTC122292

  • Company No.

    122292

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2018

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Velev Motors India Private Limited offer?

Velev Motors India Private Limited offers a wide range of products and services, including E Vehicles, Electric Vehicle Conversion Kit, Batteries & Charge Storage Devices, Electric Vehicle Battery, Lithium Battery, Automotive Battery Charger, Inspection & Quality Check Services, Survey Solution, Commercial Vehicles & Three Wheelers, Auto Rickshaw.

Who are the key members and board of directors at Velev Motors India?

Executive Team (1)

Name Designation Appointment Date Status
Kolappan Ganesh Country flag representing In Managing Director 23-Apr-2018 Current

Board Members (1)

Name Designation Appointment Date Status
Sakthi Mala Country flag representing In Director 23-Apr-2018 Current

Financial Performance of Velev Motors India.

Velev Motors India Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth Soared by an impressive increase of 736.97%.

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
Revenue from Operations
Total Assets
252.68%
Profit or Loss
Net Worth
736.97%
EBITDA

What is the Ownership and Shareholding Structure of Velev Motors India?

In 2020, Velev Motors India 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

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2022 Others ₹1.00 M Open

How Many Employees Work at Velev Motors India?

Unlock and access historical data on people associated with Velev Motors India, 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 Velev Motors India, 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 Velev Motors India'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 Velev Motors India

Recent activity within the organization

  • Annual General Meeting

    Velev Motors India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Velev Motors India 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 Others amounted to Rs. 1.00 M with Charge ID 100570441 was registered on 30 Mar 2022.

    30 Mar 2022

  • Director Appointment

    Sakthi Ganesh Mala was appointed as a Director was appointed as a Director on 23 Apr 2018 & has been associated with this company since 6 years 9 months .

    23 Apr 2018

  • Director Appointment

    Kolappan Sakthi Ganesh was appointed as a Managing Director was appointed as a Managing Director on 23 Apr 2018 & has been associated with this company since 6 years 9 months .

    23 Apr 2018

  • Company Incorporation

    Velev Motors India Private Limited was registered on 23 Apr 2018 with Roc Chennai & aged 6 years 9 months as per MCA records.

    23 Apr 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Velev Motors India Private Limited was incorporated on 23 Apr 2018.

  • The authorized share capital of Velev Motors India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Velev Motors India Private Limited.

    • Sakthi Ganesh Mala
    • Kolappan Sakthi Ganesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velev Motors India Private Limited is Plot No 1022 Sree Gokulapuram 83 Sengundram Village, Chengalpattu Tk India, Kancheepuram, Tamil Nadu, 603204.

  • The corporate identification number (CIN) of Velev Motors India Private Limited is U50500TN2018PTC122292 and the company number is 122292 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velev Motors India Private Limited is https://www.velevmotors.in

  • The financial reports for the fiscal year 2020 indicates that The net worth of Velev Motors India Private Limited has experienced an upsurge of 736.97%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Velev Motors India Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Velev Motors India Private Limited was filed with the ROC on 31 Mar 2023.