Velloils Lubricant And Petrochem Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.09 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.59 Cr
- Satisfied Charges ₹ 61.25 Cr
- Revenue Growth 27.32%
- Profit Growth 86.87%
- Ebitda 30.02%
- Net Worth 26.11%
- Total Assets 13.58%
About Velloils Lubricant And Petrochem
Velloils Lubricant And Petrochem Ltd (VLAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1995 and has a history of 29 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Velloils Lubricant And Petrochem Pvt Ltd. The Company is engaged in the Chemicals And Materials 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 2.50 Cr and a paid-up capital of Rs 2.09 Cr.
The company currently has active open charges totaling ₹30.59 Cr. The company has closed loans amounting to ₹61.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mitesh Vakharia, Darshan Vakharia, Mukesh Vakharia, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U23201MH1995PLC087186
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Company No.
087186
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
05 Apr 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Velloils Lubricant And Petrochem Ltd offer?
Velloils Lubricant And Petrochem Ltd offers a wide range of products and services, including Oils, Grease & Lubricants, Cutting Oils, Lubricants, Machine Oils, Automotive Grease, Lubricating Oil, Grease, Industrial Oils, Textile, Dyeing & Finishing Chemical, Thread Lubricant.
Who are the key members and board of directors at Velloils Lubricant And Petrochem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Vakharia
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Managing Director | 05-Apr-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Beena Vakharia
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Whole-Time Director | 05-Apr-1995 | Current |
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Mitesh Vakharia
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Whole-Time Director | 05-Apr-1995 | Current |
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Darshan Vakharia
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Whole-Time Director | 05-Apr-1995 | Current |
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%.
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What is the Ownership and Shareholding Structure of Velloils Lubricant And Petrochem?
In 2023, Velloils Lubricant And Petrochem had a promoter holding of 98.20% and a public holding of 1.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹30.59 Cr
₹61.25 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 15.50 Cr
- Axis Bank Limited : 15.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2024 | Standard Chartered Bank | ₹15.50 Cr | Open |
| 29 Dec 2023 | Axis Bank Limited | ₹15.09 Cr | Open |
| 24 Jun 2019 | Others | ₹1.50 Cr | Satisfied |
| 09 Aug 2018 | Others | ₹8.00 Cr | Satisfied |
| 07 May 2018 | Others | ₹2.25 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velloils Lubricant And Petrochem, 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 Velloils Lubricant And Petrochem'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
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