Velvet Ventures Private Limited

Retail company offering a variety of products and services through various channels in India and globally.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated:

Velvet Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -46.70%
  • Ebitda -323.13%
  • Net Worth -0.06%
  • Total Assets 0.03%

About Velvet Ventures

Velvet Ventures Private Limited (VVPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 August 2005 and has a history of 19 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Fu-Com Retail Private Limited. The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Shah, Mafatlal Shah, and Popatlal Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52190MH2005PTC155129

  • Company No.

    155129

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce
Company report

Velvet Ventures Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Mukesh Shah Country flag representing In Director 10-Feb-2009Current
Mafatlal Shah Country flag representing In Director 09-Jan-2012Current
Popatlal Shah Country flag representing In Director 10-Apr-2012Current

Financial Performance of Velvet Ventures.

Velvet Ventures Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 46.7% decrease in profit. The company's net worth dipped by a decrease of 0.06%.

Velvet Ventures revenue growth over time
Velvet Ventures 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
Revenue from Operations
Total Assets
0.03%
Profit or Loss
-46.70%
Net Worth
-0.06%
EBITDA
-323.13%

What is the Ownership and Shareholding Structure of Velvet Ventures?

In 2018, Velvet Ventures 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Velvet Ventures?

Unlock and access historical data on people associated with Velvet Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Velvet Ventures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velvet Ventures, 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 Ventures'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 Ventures

Recent activity within the organization

  • Annual General Meeting

    Velvet Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Velvet Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Popatlal Punamchand Shah was appointed as a Director was appointed as a Director on 10 Apr 2012 & has been associated with this company since 13 years 1 month .

  • Director Appointment

    Mafatlal Poonamchand Shah was appointed as a Director was appointed as a Director on 09 Jan 2012 & has been associated with this company since 13 years 4 months .

  • Director Appointment

    Mukesh Pratapchand Shah was appointed as a Director was appointed as a Director on 10 Feb 2009 & has been associated with this company since 16 years 3 months .

  • Company Incorporation

    Velvet Ventures Private Limited was registered on 04 Aug 2005 with Roc Mumbai & aged 19 years 9 months as per MCA records.

Frequently asked questions

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

    Velvet Ventures Private Limited was incorporated on 04 Aug 2005.

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

    The authorized share capital of Velvet Ventures Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

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

    Currently 3 directors are associated with Velvet Ventures Private Limited.

    • Mukesh Pratapchand Shah
    • Mafatlal Poonamchand Shah
    • Popatlal Punamchand Shah

  • What is the registered address of Velvet Ventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Velvet Ventures Private Limited is 13/14 1St Floor 99/103 Bhagwan Bhuvan Mumbadevi Road Tambakata Pydhonie Mandvi, India, Mumbai, Maharashtra, 400003.

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

    The corporate identification number (CIN) of Velvet Ventures Private Limited is U52190MH2005PTC155129 and the company number is 155129 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Velvet Ventures Private Limited has experienced an downturn of -0.06%.

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

    The most recent Balance Sheet for Velvet Ventures Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on General E-Commerce Platforms