Velvet Resorts Private Limited

Luxury hotel with various room options, dining options, and amenities such as internet, meeting rooms, and laundry.

2009 | Chandigarh, Chandigarh (India) | Active
Last Updated:

Velvet Resorts Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.30 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.52 Cr
  • Satisfied Charges ₹ 10.70 Cr
  • Revenue Growth 43.37%
  • Profit Growth 132.42%
  • Ebitda 98.74%
  • Net Worth 10.19%
  • Total Assets -0.18%

About Velvet Resorts

Velvet Resorts Private Limited (VRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 December 2009 and has a history of 15 years and three months. Its registered office is in Chandigarh, Chandigarh.

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.

Company Details

  • Location Chandigarh, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Travel and Hospitality

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.

Company report

Velvet Resorts Private Limited

Explore comprehensive data for Velvet Resorts Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Velvet Resorts?

Board Members (4)

NameDesignationAppointment DateStatus
Dilraj Singh Country flag representing In Director 03-Dec-2009Current
Parminder Pal Country flag representing In Director 03-Dec-2009Current
Karamdeep Kaur Country flag representing In Director 01-Sep-2014Current
Bhagwant Singh Country flag representing In Director 03-Dec-2009Current

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%.

Velvet Resorts revenue growth over time
Velvet Resorts 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
43.37%
Revenue from Operations
46.91%
Total Assets
-0.18%
Profit or Loss
132.42%
Net Worth
10.19%
EBITDA
98.74%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.52 Cr

Satisfied Charges

₹10.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.52 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2017Others₹2.52 CrOpen
27 Mar 2015Punjab National Bank₹2.00 CrSatisfied
25 Nov 2011Punjab National Bank₹8.70 CrSatisfied

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.

Employee growth trends for Velvet Resorts Private Limited

Deals i

Graph showing company valuation over time

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

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 Velvet Resorts

Recent activity within the organization

  • Annual General Meeting

    Velvet Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Velvet Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 2.52 Cr with Charge ID 100120486 was registered on 30 Aug 2017.

  • Charges

    A charge registered on 25 Nov 2011 via Charge ID 10320326 with Punjab National Bank was fully satisfied on 10 Aug 2017.

  • Charges

    A charge registered on 27 Mar 2015 via Charge ID 10567546 with Punjab National Bank was fully satisfied on 05 Aug 2017.

  • Charges

    A charge with Punjab National Bank amounted to Rs. 2.00 Cr with Charge ID 10567546 was registered on 27 Mar 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Velvet Resorts Private Limited?

    Velvet Resorts Private Limited was incorporated on 03 Dec 2009.

  • What is authorized share capital and paid-up capital of Velvet Resorts Private Limited?

    The authorized share capital of Velvet Resorts Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.30 Cr.

  • Who are the current board members & directors of Velvet Resorts Private Limited?

    Currently 4 directors are associated with Velvet Resorts Private Limited.

    • Parminder Kaur Pal
    • Karamdeep Kaur
    • Dilraj Singh
    • Bhagwant Singh
  • What is the registered address of Velvet Resorts Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Velvet Resorts Private Limited is 328 Sector 33-A India, Chandigarh, 160033.

  • What is the corporate identification number (CIN) and company number of Velvet Resorts Private Limited?

    The corporate identification number (CIN) of Velvet Resorts Private Limited is U55101CH2009PTC031908 and the company number is 031908 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Velvet Resorts Private Limited?

    The Official website of Velvet Resorts Private Limited is https://www.velvetclarksexotica.com

  • What has been the recent revenue trend for Velvet Resorts Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Velvet Resorts Private Limited has risen by 43.37%.

  • How many employees does Velvet Resorts Private Limited currently have?

    As Per 2022 financial reports, 62 employees are currently employed by Velvet Resorts Private Limited.

  • What change has been observed in the net worth of Velvet Resorts Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Velvet Resorts Private Limited has experienced an upsurge of 10.19%.

  • What are the total open charges for Velvet Resorts Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Velvet Resorts Private Limited amount to ₹ 2.52 Cr.

  • When was the last Balance Sheet of Velvet Resorts Private Limited filed with the ROC?

    The most recent Balance Sheet for Velvet Resorts Private Limited was filed with the ROC on 31 Mar 2022.

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