Velnet Non-Conventional Energy Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 M
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.33 Cr
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 92.75%
- Profit Growth 154.51%
- Ebitda 164.28%
- Net Worth 10.74%
- Total Assets 70.63%
About Velnet Non-Conventional Energy Systems
Velnet Non-Conventional Energy Systems Private Limited (VNESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 November 2006 and has a history of 18 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹5.33 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Chandrashekar Shivasharanappa, Deendayal, Neeraja Chandrashekar, and One other member serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, 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
U29307KA2006PTC040931
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Company No.
040931
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Nov 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Velnet Non-Conventional Energy Systems Private Limited offer?
Velnet Non-Conventional Energy Systems Private Limited offers a wide range of products and services, including Solar Water Heater, Solarizer Solar Water Heater, Water Heater & Geyser, ETC Solar Water Heater, Heater, Thermostat & Heating Devices.
Who are the key members and board of directors at Velnet Non-Conventional Energy Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrashekar Shivasharanappa
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Managing Director | 14-Nov-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Deendayal
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Director | 14-Sep-2015 | Current |
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Neeraja Chandrashekar
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Director | 01-Oct-2022 | Current |
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Prashanth
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Director | 01-Oct-2022 | Current |
Financial Performance of Velnet Non-Conventional Energy Systems.
Velnet Non-Conventional Energy Systems Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 92.75% increase. The company also saw a substantial improvement in profitability, with a 154.51% increase in profit. The company's net worth Soared by an impressive increase of 10.74%.
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What is the Ownership and Shareholding Structure of Velnet Non-Conventional Energy Systems?
In 2021, Velnet Non-Conventional Energy Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹5.33 Cr
₹0.20 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 5.10 Cr
- Hdfc Bank Limited : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2023 | Canara Bank | ₹4.00 Cr | Open |
| 06 Jun 2022 | Hdfc Bank Limited | ₹2.34 M | Open |
| 25 Sep 2009 | Canara Bank | ₹1.10 Cr | Open |
| 23 Aug 2007 | Ing Vysya Bank Ltd | ₹2.00 M | Satisfied |
How Many Employees Work at Velnet Non-Conventional Energy Systems?
Unlock and access historical data on people associated with Velnet Non-Conventional Energy Systems, 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 Velnet Non-Conventional Energy Systems, 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 Velnet Non-Conventional Energy Systems'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.
