Vel'S Shipping Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.00 M
- Revenue Growth -24.40%
- Profit Growth 0.60%
- Ebitda 26.13%
- Net Worth 20.88%
- Total Assets 18.06%
About Vel'S Shipping Services
Vel's Shipping Services Private Limited (VSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 March 2017 (Seven years and ten months 10 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Transport And Logistics 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.00 M.
Ramachandran Nantham, Shanmuganandan, and Venkatesan Rajeswari serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
U60300TN2017PTC115668
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Company No.
115668
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Mar 2017
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Vel'S Shipping Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramachandran Nantham
|
Managing Director | 23-Mar-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shanmuganandan
|
Director | 06-Feb-2021 | Current |
| Venkatesan Rajeswari | Director | 06-Aug-2024 | Current |
Financial Performance of Vel'S Shipping Services.
Vel'S Shipping Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.4% decrease. The company also saw a slight improvement in profitability, with a 0.6% increase in profit. The company's net worth Soared by an impressive increase of 20.88%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Vel'S Shipping Services?
In 2023, Vel'S Shipping Services had a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹2.00 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2021 | Axis Bank Limited | ₹2.00 M | Open |
How Many Employees Work at Vel'S Shipping Services?
Vel'S Shipping Services has a workforce of 14 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vel'S Shipping Services, 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'S Shipping Services'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.
