Vel-More Home Decor Private Limited

Provides factory premises rental services since 1988 in Mumbai, Maharashtra.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Vel-More Home Decor Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.98 M
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.28 Cr
  • Revenue Growth %
  • Profit Growth -100.21%
  • Ebitda 99.02%
  • Net Worth -0.27%
  • Total Assets %

About Vel-More Home Decor

Vel-More Home Decor Private Limited (VHDPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 April 1988 and has a history of 36 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.98 M.

The company currently has active open charges totaling ₹1.28 Cr.

Rupal Shah, Hemant Shah, and Narshi Mulji 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

    U36999MH1988PTC047121

  • Company No.

    047121

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Vel-More Home Decor?

Board Members (3)

NameDesignationAppointment DateStatus
Rupal Shah Country flag representing In Director 01-Mar-1991Current
Hemant Shah Country flag representing In Director 22-Apr-1988Current
Narshi Mulji Country flag representing In Director 07-Apr-2022Current

Financial Performance of Vel-More Home Decor.

Vel-More Home Decor Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 100.21% decrease in profit. The company's net worth dipped by a decrease of 0.27%.

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
Profit or Loss
-100.21%
Net Worth
-0.27%
EBITDA
99.02%

What is the Ownership and Shareholding Structure of Vel-More Home Decor?

In 2022, Vel-More Home Decor 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

₹12.78 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.84 Cr
  • Central Bank Of India : 0.30 Cr
  • State Bank Of India : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 1998Bank Of Baroda₹3.20 MOpen
23 Aug 1996State Bank Of India₹1.35 MOpen
13 May 1991Bank Of Baroda₹0.28 MOpen
09 May 1991Central Bank Of India₹3.00 MOpen
09 May 1991Bank Of Baroda₹3.00 MOpen

How Many Employees Work at Vel-More Home Decor?

Unlock and access historical data on people associated with Vel-More Home Decor, 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 Vel-More Home Decor, 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 Vel-More Home Decor'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 Vel-More Home Decor

Recent activity within the organization

  • Annual General Meeting

    Vel-More Home Decor Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vel-More Home Decor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Narshi Shah Mulji was appointed as a Director was appointed as a Director on 07 Apr 2022 & has been associated with this company since 2 years 10 months .

    07 Apr 2022

  • Charges

    A charge with Central Bank Of India of Rs. 3.00 M registered on 09 May 1991 with Charge ID 90225812 was modified on 21 Sep 2001.

    21 Sep 2001

  • Charges

    A charge with Bank Of Baroda of Rs. 3.20 M registered on 28 Jul 1998 with Charge ID 90226203 was modified on 25 Jan 2001.

    25 Jan 2001

  • Charges

    A charge with Bank Of Baroda of Rs. 3.00 M registered on 09 May 1991 with Charge ID 90226640 was modified on 25 Jan 2001.

    25 Jan 2001

Frequently asked questions

  • Vel-More Home Decor Private Limited was incorporated on 22 Apr 1988.

  • The authorized share capital of Vel-More Home Decor Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.98 M.

  • Currently 3 directors are associated with Vel-More Home Decor Private Limited.

    • Rupal Paren Shah
    • Hemant Narshi Shah
    • Narshi Shah Mulji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vel-More Home Decor Private Limited is 7 Nand-Deep Industrial Estate Kondivita Lane Andheri-Kurla Road, India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Vel-More Home Decor Private Limited is U36999MH1988PTC047121 and the company number is 047121 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vel-More Home Decor Private Limited has experienced an downturn of -0.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vel-More Home Decor Private Limited amount to ₹ 1.28 Cr.

  • The most recent Balance Sheet for Vel-More Home Decor Private Limited was filed with the ROC on 31 Mar 2024.