Vellore Wholesale Merchants Estate Limited

Founded in 1998 and headquartered in Tamil Nadu, India.

1998 | Vellore 632 004, Tamil Nadu (India) | Active
Last Updated: December 31, 2024

Vellore Wholesale Merchants Estate Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.87 Cr
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -0.13%
  • Profit Growth -36.91%
  • Ebitda -244.69%
  • Net Worth 2.01%
  • Total Assets 2.02%

About Vellore Wholesale Merchants Estate

Vellore Wholesale Merchants Estate Limited (VWMEL) is a Public Limited Indian Non-Government Company incorporated in India on 16 April 1998 and has a history of 26 years and nine months. Its registered office is in Vellore 632 004, Tamil Nadu.

The Company is engaged in the Real Estate 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 7.50 Cr and a paid-up capital of Rs 6.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanipakkam Radhakrishnan, Gangaiya Dharmaraj, Arunagiri, and Three other members serve as directors at the Company.

Company Details

  • Location
    Vellore 632 004, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN1998PLC040329

  • Company No.

    040329

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1998

  • Date of AGM

    31 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate

Who are the key members and board of directors at Vellore Wholesale Merchants Estate?

Executive Team (1)

Name Designation Appointment Date Status
Gangaiya Dharmaraj Country flag representing In Managing Director 15-May-1998 Current

Board Members (5)

Name Designation Appointment Date Status
Kanipakkam Radhakrishnan Country flag representing In Director 15-May-1998 Current
Arunagiri Country flag representing In Director 25-Sep-2018 Current
Subramanian Ramachandran Country flag representing In Director 25-Sep-2018 Current
Vasu Balaraman Country flag representing In Additional Director 14-Aug-2023 Current
Kanagasabapathychettiar Koteeswaran Country flag representing In Director 25-Sep-2018 Current

Financial Performance of Vellore Wholesale Merchants Estate.

Vellore Wholesale Merchants Estate Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 0.13% decrease. The company also saw a substantial fall in profitability, with a 36.91% decrease in profit. The company's net worth moved up by a moderate rise of 2.01%.

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
-0.13%
Revenue from Operations
Total Assets
2.02%
Profit or Loss
-36.91%
Net Worth
2.01%
EBITDA
-244.69%

What is the Ownership and Shareholding Structure of Vellore Wholesale Merchants Estate?

In 2017, Vellore Wholesale Merchants Estate 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vellore Wholesale Merchants Estate?

Unlock and access historical data on people associated with Vellore Wholesale Merchants Estate, 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 Vellore Wholesale Merchants Estate, 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 Vellore Wholesale Merchants Estate'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 Vellore Wholesale Merchants Estate

Recent activity within the organization

  • Annual General Meeting

    Vellore Wholesale Merchants Estate Limited last Annual general meeting of members was held on 31 Oct 2023 as per latest MCA records.

    31 Oct 2023

  • Director Appointment

    Vasu Balaraman was appointed as a Additional Director was appointed as a Additional Director on 14 Aug 2023 & has been associated with this company since 1 year 5 months .

    14 Aug 2023

  • Balance Sheet

    Vellore Wholesale Merchants Estate Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Arunagiri was appointed as a Director was appointed as a Director on 25 Sep 2018 & has been associated with this company since 6 years 4 months .

    25 Sep 2018

  • Director Appointment

    Subramanian Ramachandran was appointed as a Director was appointed as a Director on 25 Sep 2018 & has been associated with this company since 6 years 4 months .

    25 Sep 2018

  • Director Appointment

    Kanagasabapathychettiar Koteeswaran was appointed as a Director was appointed as a Director on 25 Sep 2018 & has been associated with this company since 6 years 4 months .

    25 Sep 2018

Frequently asked questions

  • Vellore Wholesale Merchants Estate Limited was incorporated on 16 Apr 1998.

  • The authorized share capital of Vellore Wholesale Merchants Estate Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.87 Cr.

  • Currently 6 directors are associated with Vellore Wholesale Merchants Estate Limited.

    • Kanipakkam Radhakrishnan
    • Gangaiya Naidu Dharmaraj
    • Arunagiri
    • Subramanian Ramachandran
    • Vasu Balaraman
    • Kanagasabapathychettiar Koteeswaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vellore Wholesale Merchants Estate Limited is 32/B T P K Nagarkatpadi Road India, Vellore 632 004, Tamil Nadu.

  • The corporate identification number (CIN) of Vellore Wholesale Merchants Estate Limited is U74999TN1998PLC040329 and the company number is 040329 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Vellore Wholesale Merchants Estate Limited has fallen by -0.13%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Vellore Wholesale Merchants Estate Limited has experienced an upsurge of 2.01%.

  • The most recent Balance Sheet for Vellore Wholesale Merchants Estate Limited was filed with the ROC on 31 Mar 2023.

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