Velvet Resorts Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 26-12-2024
- Paid Up Capital ₹ 3.30 Cr
as on 26-12-2024
- Company Age 15 Year, 25 Days
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 2.52 Cr
as on 26-12-2024
- Satisfied Charges ₹ 10.70 Cr
as on 26-12-2024
- Revenue 43.37%
(FY 2022)
- Profit 132.42%
(FY 2022)
- Ebitda 98.74%
(FY 2022)
- Net Worth 10.19%
(FY 2022)
- Total Assets -0.18%
(FY 2022)
About Velvet Resorts
The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.30 Cr.
The company currently has active open charges totaling ₹2.52 Cr. The company has closed loans amounting to ₹10.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parminder Pal, Karamdeep Kaur, Dilraj Singh, and One other member serve as directors at the Company.
- CIN/LLPIN
U55101CH2009PTC031908
- Company No.
031908
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Dec 2009
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- LocationChandigarh, Chandigarh
- Telephone
- Email Address
- Website
- Social Media
What products or services does Velvet Resorts Private Limited offer?
Velvet Resorts Private Limited offers a wide range of products and services, including Hotel Booking & Reservation Services, Hospitality Services.
Who are the key members and board of directors at Velvet Resorts?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dilraj Singh  | Director | 03-Dec-2009 | Current |
| Parminder Pal | Director | 03-Dec-2009 | Current |
| Karamdeep Kaur | Director | 01-Sep-2014 | Current |
| Bhagwant Singh | Director | 03-Dec-2009 | Current |
Financial Performance of Velvet Resorts.
Velvet Resorts Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.37% increase. The company also saw a substantial improvement in profitability, with a 132.42% increase in profit. The company's net worth Soared by an impressive increase of 10.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velvet Resorts?
In 2021, Velvet Resorts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Aug 2017 | ₹2.52 Cr | Open |
Punjab National Bank Creation Date: 27 Mar 2015 | ₹2.00 Cr | Satisfied |
Punjab National Bank Creation Date: 25 Nov 2011 | ₹8.70 Cr | Satisfied |
How Many Employees Work at Velvet Resorts?
Velvet Resorts has a workforce of 62 employees as of Mar 28, 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 Velvet Resorts, 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 Velvet Resorts'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.
