Velloils Lubricant And Petrochem Ltd logo

Velloils Lubricant And Petrochem Ltd

Produces fuels, oils, and lubricants since 1995 in Maharashtra.
1995 | Mumbai, Maharashtra (India) | Active

Last Updated:

October 24, 2024
HomeCompanyVelloils Lubricant And Petrochem Ltd

Who are the key members and board of directors at Velloils Lubricant And Petrochem?

Executive Team (1)

NameDesignationAppointment DateStatus
Mukesh Vakharia InManaging Director05-Apr-1995Current

Board Members(3)

NameDesignationAppointment DateStatus
Beena Vakharia In Whole-Time Director 05-Apr-1995Current
Mitesh Vakharia In Whole-Time Director 05-Apr-1995Current
Darshan Vakharia In Whole-Time Director 05-Apr-1995Current

Financial Performance of Velloils Lubricant And Petrochem.

Velloils Lubricant And Petrochem Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 27.32% increase. The company also saw a substantial improvement in profitability, with a 86.87% increase in profit. The company's net worth Soared by an impressive increase of 26.11%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
27.32%
Revenue from Operations
27.34%
Total Assets
13.58%
Profit or Loss
86.87%
Net Worth
26.11%
EBITDA
30.02%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹30.59 Cr

₹61.25 Cr

LenderAmountStatus

Standard Chartered Bank

Creation Date: 16 Sep 2024
₹15.50 CrOpen

Axis Bank Limited

Creation Date: 29 Dec 2023
₹15.09 CrOpen

Others

Creation Date: 24 Jun 2019
₹1.50 CrSatisfied

How Many Employees Work at Velloils Lubricant And Petrochem?

Unlock and access historical data on people associated with Velloils Lubricant And Petrochem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Velloils Lubricant And Petrochem

Recent activity within the organization

  • Charges

    A charge registered on 09 Aug 2018 via Charge ID 100200312 with Others was fully satisfied on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge registered on 07 May 2018 via Charge ID 100181415 with Others was fully satisfied on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge registered on 05 Jul 2016 via Charge ID 100038016 with Others was fully satisfied on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge registered on 09 Jul 2014 via Charge ID 10510017 with Others was fully satisfied on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 15.50 Cr with Charge ID 100978795 was registered on 16 Sep 2024.

    16 Sep 2024

  • Charges

    A charge registered on 24 Jun 2019 via Charge ID 100301606 with Others was fully satisfied on 10 Apr 2024.

    10 Apr 2024

Frequently asked questions

  • Velloils Lubricant And Petrochem Ltd was incorporated on 05 Apr 1995.

  • The authorized share capital of Velloils Lubricant And Petrochem Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.09 Cr.

  • Currently 4 directors are associated with Velloils Lubricant And Petrochem Ltd.

    • Mitesh Vakharia
    • Darshan Vakharia
    • Mukesh Vakharia
    • Beena Mukesh Vakharia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velloils Lubricant And Petrochem Ltd is 106 Orbit Estate Off Linkroad Chincholi Bunder Malad (West) India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Velloils Lubricant And Petrochem Ltd is U23201MH1995PLC087186 and the company number is 087186 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velloils Lubricant And Petrochem Ltd is https://www.velloils.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velloils Lubricant And Petrochem Ltd has risen by 27.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velloils Lubricant And Petrochem Ltd has experienced an upsurge of 26.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velloils Lubricant And Petrochem Ltd amount to ₹ 30.59 Cr.

  • The most recent Balance Sheet for Velloils Lubricant And Petrochem Ltd was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Petrochemicals & Derivatives