Vels Studios And Entertainment Private Limited

Amusement and resort company with professional filmmaking studios.

2003 | Ramanagar, Karnataka (India) | Active
Last Updated:

Vels Studios And Entertainment Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 24.52 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.18 Cr
  • Satisfied Charges ₹ 20.88 Cr
  • Revenue Growth 139.93%
  • Profit Growth -180.36%
  • Ebitda -28.34%
  • Net Worth -17.27%
  • Total Assets 78.52%

About Vels Studios And Entertainment

Vels Studios And Entertainment Private Limited (VSAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 2003 and has a history of 21 years and five months. Its registered office is in Ramanagar, Karnataka, India.

The Corporate was formerly known as Innovative Studios Private Limited. The Company is engaged in the Events And Entertainment 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 25.00 Cr and a paid-up capital of Rs 24.52 Cr.

The company currently has active open charges totaling ₹75.18 Cr. The company has closed loans amounting to ₹20.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vels Studios And Entertainment Private Limited India are Srinivasan Rajagopal as CFO and Sujatha Sampathkumar as Company Secretary. Prakash Palani, Sivakumar Rangasamy, Kadhirvelan Kushmitha, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ramanagar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110KA2003PTC032578

  • Company No.

    032578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 2003

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Events and Entertainment

What products or services does Vels Studios And Entertainment Private Limited offer?

Vels Studios And Entertainment Private Limited offers a wide range of products and services, including Event Organizers, Corporate Event Management.

Who are the key members and board of directors at Vels Studios And Entertainment?

Executive Team (3)

NameDesignationAppointment DateStatus
Srinivasan Rajagopal CFO20-Jul-2023Current
Sujatha Sampathkumar Company Secretary05-May-2022Current
Ishari Kadhirvelan Country flag representing In Managing Director08-Feb-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Prakash Palani Country flag representing In Director 05-Jun-2023Current
Sivakumar Rangasamy Country flag representing In Director 08-Jul-2024Current
Kadhirvelan Kushmitha Country flag representing In Director 23-Aug-2021Current
Preethaa Ganesh Country flag representing In Director 21-Jul-2021Current
Thummala Balaji Country flag representing In Director 20-Apr-2023Current
Isari Ganesh Country flag representing In Director 08-Feb-2021Current

Financial Performance of Vels Studios And Entertainment.

Vels Studios And Entertainment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 139.93% increase. The company also saw a substantial fall in profitability, with a 180.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.27%.

Vels Studios And Entertainment revenue growth over time
Vels Studios And Entertainment 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
139.93%
Revenue from Operations
1937.41%
Total Assets
78.52%
Profit or Loss
-180.36%
Net Worth
-17.27%
EBITDA
-28.34%

What is the Ownership and Shareholding Structure of Vels Studios And Entertainment?

In 2023, Vels Studios And Entertainment had a promoter holding of 77.20% and a public holding of 22.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.18 Cr

Satisfied Charges

₹20.88 Cr

Charges Breakdown by Lending Institutions

  • Others : 75.00 Cr
  • Bank Of India : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2022Others₹15.00 CrOpen
21 May 2022Others₹15.00 CrOpen
21 May 2022Others₹15.00 CrOpen
21 May 2022Others₹15.00 CrOpen
21 May 2022Others₹15.00 CrOpen

How Many Employees Work at Vels Studios And Entertainment?

Vels Studios And Entertainment has a workforce of 62 employees as of Apr 03, 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.

Employee growth trends for Vels Studios And Entertainment Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vels Studios And Entertainment, 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 Vels Studios And Entertainment'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 Vels Studios And Entertainment

Recent activity within the organization

  • Director Appointment

    Sivakumar Rangasamy was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 8 months .

  • Annual General Meeting

    Vels Studios And Entertainment Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

  • Director Appointment

    Srinivasan Rajagopal was appointed as a Cfo was appointed as a Cfo on 20 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Prakash Palani was appointed as a Director was appointed as a Director on 05 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Vels Studios And Entertainment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100585204 was registered on 21 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Vels Studios And Entertainment Private Limited?

    Vels Studios And Entertainment Private Limited was incorporated on 16 Sep 2003.

  • What is authorized share capital and paid-up capital of Vels Studios And Entertainment Private Limited?

    The authorized share capital of Vels Studios And Entertainment Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 24.52 Cr.

  • Who are the current board members & directors of Vels Studios And Entertainment Private Limited?

    Currently 9 directors are associated with Vels Studios And Entertainment Private Limited.

    • Prakash Palani
    • Sivakumar Rangasamy
    • Srinivasan Rajagopal
    • Sujatha Sampathkumar
    • Kadhirvelan Ganesh Kushmitha
    • Preethaa Ganesh
    • Thummala Gangatharan Balaji
    • Isari Arthi Ganesh
    • Ishari Ganesh Kadhirvelan

  • What is the registered address of Vels Studios And Entertainment Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vels Studios And Entertainment Private Limited is Plot No. 24 And 26 Industrial Area, Ramanagaram District India, Bidadi, Karnataka, 562109.

  • What is the corporate identification number (CIN) and company number of Vels Studios And Entertainment Private Limited?

    The corporate identification number (CIN) of Vels Studios And Entertainment Private Limited is U74110KA2003PTC032578 and the company number is 032578 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vels Studios And Entertainment Private Limited?

    The Official website of Vels Studios And Entertainment Private Limited is https://www.jollywood.co.in

  • What has been the recent revenue trend for Vels Studios And Entertainment Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vels Studios And Entertainment Private Limited has risen by 139.93%.

  • How many employees does Vels Studios And Entertainment Private Limited currently have?

    As Per 2023 financial reports, 62 employees are currently employed by Vels Studios And Entertainment Private Limited.

  • What change has been observed in the net worth of Vels Studios And Entertainment Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vels Studios And Entertainment Private Limited has experienced an downturn of -17.27%.

  • What are the total open charges for Vels Studios And Entertainment Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vels Studios And Entertainment Private Limited amount to ₹ 75.18 Cr.

  • When was the last Balance Sheet of Vels Studios And Entertainment Private Limited filed with the ROC?

    The most recent Balance Sheet for Vels Studios And Entertainment Private Limited was filed with the ROC on 31 Mar 2023.

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