Vels Studios And Entertainment Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 24.52 Cr
as on 16-11-2024
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 75.18 Cr
as on 16-11-2024
- Satisfied Charges ₹ 20.88 Cr
as on 16-11-2024
- Revenue 139.93%
(FY 2023)
- Profit -180.36%
(FY 2023)
- Ebitda -28.34%
(FY 2023)
- Net Worth -17.27%
(FY 2023)
- Total Assets 78.52%
(FY 2023)
About Vels Studios And Entertainment
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.
- 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
Company Details
- Location
Ramanagar, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivasan Rajagopal | CFO | 20-Jul-2023 | Current |
| Sujatha Sampathkumar | Company Secretary | 05-May-2022 | Current |
Ishari Kadhirvelan  | Managing Director | 08-Feb-2021 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prakash Palani | Director | 05-Jun-2023 | Current |
| Sivakumar Rangasamy | Director | 08-Jul-2024 | Current |
| Kadhirvelan Kushmitha | Director | 23-Aug-2021 | Current |
| Preethaa Ganesh | Director | 21-Jul-2021 | Current |
| Thummala Balaji | Director | 20-Apr-2023 | Current |
| Isari Ganesh | Director | 08-Feb-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Cybernexa Infotech Private LimitedActive 6 years 3 monthsIsari Ganesh and Ishari Kadhirvelan are mutual person
Vels Film International LimitedActive 5 years 2 monthsSivakumar Rangasamy, Srinivasan Rajagopal and 5 more are mutual person
- Vels Innovation CouncilActive 4 months 17 days
Preethaa Ganesh and Ishari Kadhirvelan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 May 2022 | ₹15.00 Cr | Open |
Others Creation Date: 21 May 2022 | ₹15.00 Cr | Open |
Others Creation Date: 21 May 2022 | ₹15.00 Cr | Open |
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.
Deals i
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
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.
