Velloils Lubricant And Petrochem Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.09 Cr
- Company Age 30 Year, 26 Days
- 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 30 years. 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U23201MH1995PLC087186
- Company No.
087186
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Apr 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
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.
Velloils Lubricant And Petrochem Ltd
Explore comprehensive data for Velloils Lubricant And Petrochem Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Velloils Lubricant And Petrochem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Vakharia  | Managing Director | 05-Apr-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Beena Vakharia | Whole-Time Director | 05-Apr-1995 | Current |
| Mitesh Vakharia | Whole-Time Director | 05-Apr-1995 | Current |
| Darshan Vakharia | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹30.59 Cr
Satisfied Charges
₹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
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 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.
- Charges
A charge registered on 07 May 2018 via Charge ID 100181415 with Others was fully satisfied on 09 Oct 2024.
- Charges
A charge registered on 05 Jul 2016 via Charge ID 100038016 with Others was fully satisfied on 09 Oct 2024.
- Charges
A charge registered on 09 Jul 2014 via Charge ID 10510017 with Others was fully satisfied on 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.
- Charges
A charge registered on 24 Jun 2019 via Charge ID 100301606 with Others was fully satisfied on 10 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of Velloils Lubricant And Petrochem Ltd?
Velloils Lubricant And Petrochem Ltd was incorporated on 05 Apr 1995.
What is authorized share capital and paid-up capital of Velloils Lubricant And Petrochem Ltd?
The authorized share capital of Velloils Lubricant And Petrochem Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 2.09 Cr.
Who are the current board members & directors of Velloils Lubricant And Petrochem Ltd?
Currently 4 directors are associated with Velloils Lubricant And Petrochem Ltd.
- Mitesh Vakharia
- Darshan Vakharia
- Mukesh Vakharia
- Beena Mukesh Vakharia
What is the registered address of Velloils Lubricant And Petrochem Ltd?
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.
What is the corporate identification number (CIN) and company number of Velloils Lubricant And Petrochem Ltd?
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).
What is the official website of Velloils Lubricant And Petrochem Ltd?
The Official website of Velloils Lubricant And Petrochem Ltd is https://www.velloils.in
What has been the recent revenue trend for Velloils Lubricant And Petrochem Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Velloils Lubricant And Petrochem Ltd has risen by 27.32%.
What change has been observed in the net worth of Velloils Lubricant And Petrochem Ltd, and by what percentage?
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%.
What are the total open charges for Velloils Lubricant And Petrochem Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Velloils Lubricant And Petrochem Ltd amount to ₹ 30.59 Cr.
When was the last Balance Sheet of Velloils Lubricant And Petrochem Ltd filed with the ROC?
The most recent Balance Sheet for Velloils Lubricant And Petrochem Ltd was filed with the ROC on 31 Mar 2023.
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