Velmurugan Heavy Engineering Industries Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 5.88 Cr
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33.88 Cr
- Satisfied Charges ₹ 3.01 Cr
- Revenue Growth 76.23%
- Profit Growth 3285.39%
- Ebitda 203.30%
- Net Worth 0.46%
- Total Assets -1.66%
About Velmurugan Heavy Engineering Industries
Velmurugan Heavy Engineering Industries Private Limited (VHEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 1989 and has a history of 35 years and five months. Its registered office is in Thanjavur, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 9.00 Cr and a paid-up capital of Rs 5.88 Cr.
The company currently has active open charges totaling ₹33.88 Cr. The company has closed loans amounting to ₹3.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Srinivasan Manoharan, Manoharan Kanakambujam, Karthikeyan Manoharan, and One other member serve as directors at the Company.
Company Details
- Location
Thanjavur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309TN1989PTC018035
- Company No.
018035
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Velmurugan Heavy Engineering Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Manoharan  | Managing Director | 11-Oct-1989 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoharan Kanakambujam | Whole-Time Director | 25-May-2000 | Current |
| Karthikeyan Manoharan | Whole-Time Director | 02-May-2008 | Current |
| Manoharan Durga | Director | 01-Nov-2013 | Current |
Financial Performance of Velmurugan Heavy Engineering Industries.
Velmurugan Heavy Engineering Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.23% increase. The company also saw a substantial improvement in profitability, with a 3285.39% increase in profit. The company's net worth moved up by a moderate rise of 0.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Velmurugan Heavy Engineering Industries?
In 2023, Velmurugan Heavy Engineering Industries had a promoter holding of 96.14% and a public holding of 3.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vel Renewables Private LimitedKarthikeyan Manoharan is a mutual person
Charges (Loans)
₹33.88 Cr
₹3.01 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 33.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2024 | State Bank Of India | ₹3.20 Cr | Open |
| 04 Jun 1990 | State Bank Of India | ₹30.68 Cr | Open |
| 19 Dec 2012 | State Bank Of Travancore | ₹2.90 Cr | Satisfied |
| 03 Apr 2008 | The Tamilnadu Industrial Investment Corporation | ₹1.09 M | Satisfied |
How Many Employees Work at Velmurugan Heavy Engineering Industries?
Velmurugan Heavy Engineering Industries has a workforce of 364 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velmurugan Heavy Engineering Industries, 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 Velmurugan Heavy Engineering Industries'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.
