Velpack Profile
Key Indicators
- Authorised Capital ₹ 4.15 Cr
- Paid Up Capital ₹ 4.15 Cr
- Company Age 21 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 22.22 Cr
- Revenue Growth 9.19%
- Profit Growth 165.98%
- Ebitda 66.23%
- Net Worth 34.47%
- Total Assets 28.93%
About Velpack
Velpack Private Limited (VPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2003 and has a history of 21 years and 11 months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Velpack Printers Private Limited. The Company is engaged in the Packaging 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 4.15 Cr and a paid-up capital of Rs 4.15 Cr.
The company has closed loans amounting to ₹22.22 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Bobbie Phillips, Rohan Phillips, Lyssa Phillips, and One other member serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U21014MH2003PTC139399
- Company No.
139399
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Feb 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Velpack?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bobbie Phillips  | Director | 28-Feb-2003 | Current |
| Rohan Phillips | Director | 28-Mar-2023 | Current |
| Lyssa Phillips | Director | 28-Mar-2023 | Current |
| Bennie Phillips | Director | 28-Feb-2003 | Current |
Financial Performance of Velpack.
Velpack Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.19% increase. The company also saw a substantial improvement in profitability, with a 165.98% increase in profit. The company's net worth Soared by an impressive increase of 34.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Velpack?
In 2023, Velpack had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paper Bags (India) Private LimitedBobbie Phillips and Bennie Phillips are mutual person
- Vision Pharmacare Private Limited
Bobbie Phillips and Bennie Phillips are mutual person
- V N Incense Dhoop Private Limited
Bobbie Phillips and Bennie Phillips are mutual person
Charges (Loans)
₹0
₹22.22 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 13.92 Cr
- Bank Of India : 8.13 Cr
- Hdfc Bank Limited : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2021 | Hdfc Bank Limited | ₹1.68 M | Satisfied |
| 26 Oct 2016 | Yes Bank Limited | ₹5.00 Cr | Satisfied |
| 08 May 2013 | Bank Of India | ₹3.54 Cr | Satisfied |
| 25 Mar 2013 | Yes Bank Limited | ₹8.92 Cr | Satisfied |
| 12 Dec 2011 | Bank Of India | ₹9.00 M | Satisfied |
How Many Employees Work at Velpack?
Velpack has a workforce of 58 employees as of Apr 09, 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 Velpack, 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 Velpack'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.
