Velnik India Limited

Manufacturer of hair care, cosmetics, and personal care products globally.

2017 | Sojat, Rajasthan (India) | Active
Last Updated: June 17, 2024

Velnik India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 41.75 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 253.93 Cr
  • Satisfied Charges ₹ 127.39 Cr
  • Revenue Growth 17.72%
  • Profit Growth 35.03%
  • Ebitda 47.53%
  • Net Worth 109.11%
  • Total Assets 48.72%

About Velnik India

Velnik India Limited (VIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 August 2017 (Seven years and six months 13 days old ). Its registered office is in Sojat, Rajasthan, India.

The Corporate was formerly known as Velnik India Private Limited. The Company is engaged in the Fmcg 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 50.00 Cr and a paid-up capital of Rs 41.75 Cr.

The company currently has active open charges totaling ₹253.93 Cr. The company has closed loans amounting to ₹127.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Velnik India Limited India are Chetan Gehlot as CFO and Chirag Desla as Company Secretary. Kusum Gehlot, Manju Gehlot, Dinesh Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Sojat, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velnik.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100RJ2017PLC058778

  • Company No.

    058778

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2017

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

FMCG

What products or services does Velnik India Limited offer?

Velnik India Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Hair Care Products, Hair Cream, Henna Powder, Body Care Products, Hair Care Cosmetics.

Who are the key members and board of directors at Velnik India?

Executive Team (3)

NameDesignationAppointment DateStatus
Sukhdev Gehlot Country flag representing In Managing Director11-Aug-2017Current
Chetan Gehlot CFO11-Aug-2023Current
Chirag Desla Company Secretary21-Jun-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Kusum Gehlot Country flag representing In Additional Director 20-Sep-2023Current
Manju Gehlot Country flag representing In Director 11-Aug-2017Current
Dinesh Jain Country flag representing In Director 01-Aug-2022Current
Rohit Khandelwal Country flag representing In Director 04-Jul-2022Current

Financial Performance of Velnik India.

Velnik India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.72% increase. The company also saw a substantial improvement in profitability, with a 35.03% increase in profit. The company's net worth Soared by an impressive increase of 109.11%.

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
17.72%
Revenue from Operations
17.82%
Total Assets
48.72%
Profit or Loss
35.03%
Net Worth
109.11%
EBITDA
47.53%

What is the Ownership and Shareholding Structure of Velnik India?

In 2023, Velnik India had a promoter holding of 91.23% and a public holding of 8.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹253.93 Cr

Satisfied Charges

₹127.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 180.15 Cr
  • Hdfc Bank Limited : 37.50 Cr
  • Axis Bank Limited : 36.29 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Hdfc Bank Limited₹1.75 MOpen
14 Aug 2023Others₹1.86 MOpen
25 May 2023Others₹9.50 MOpen
29 Apr 2023Hdfc Bank Limited₹6.30 MOpen
23 Dec 2022Hdfc Bank Limited₹0.79 MOpen

How Many Employees Work at Velnik India?

Velnik India has a workforce of 1293 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velnik India, 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 Velnik India'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 Velnik India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100830169 was registered on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 27 Oct 2022 with Charge ID 100648116 was modified on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

    Velnik India Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Director Appointment

    Kusum Gehlot was appointed as a Additional Director was appointed as a Additional Director on 20 Sep 2023 & has been associated with this company since 1 year 5 months .

    20 Sep 2023

  • Charges

    A charge with Others of Rs. 88.50 Cr registered on 27 Jan 2022 with Charge ID 100538951 was modified on 28 Aug 2023.

    28 Aug 2023

  • Charges

    A charge with Others of Rs. 39.62 Cr registered on 27 Jan 2022 with Charge ID 100538954 was modified on 28 Aug 2023.

    28 Aug 2023

Frequently asked questions

  • Velnik India Limited was incorporated on 11 Aug 2017.

  • The authorized share capital of Velnik India Limited is ₹ 50.00 Cr and paid-up capital is ₹ 41.75 Cr.

  • Currently 7 directors are associated with Velnik India Limited.

    • Chetan Gehlot
    • Kusum Gehlot
    • Manju Devi Gehlot
    • Dinesh Chand Jain
    • Sukhdev Gehlot
    • Chirag Desla
    • Rohit Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velnik India Limited is E-10 Krishi Mandi Sojat City, Rajasthan, India, 306104.

  • The corporate identification number (CIN) of Velnik India Limited is U24100RJ2017PLC058778 and the company number is 058778 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velnik India Limited is https://www.velnik.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velnik India Limited has risen by 17.72%.

  • As Per 2023 financial reports, 1293 employees are currently employed by Velnik India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velnik India Limited has experienced an upsurge of 109.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velnik India Limited amount to ₹ 253.93 Cr.

  • The most recent Balance Sheet for Velnik India Limited was filed with the ROC on 31 Mar 2023.

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