Velvette Eyecare & Fashions (India) Private Limited

Sells eyewear and parts, incorporated in 2006, based in Mumbai.

2006 | Mumbai, Maharashtra (India) | Inactive
Last Updated: May 10, 2024

Velvette Eyecare & Fashions (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.42 M
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 2.52 Cr
  • Revenue Growth %
  • Profit Growth 84.58%
  • Ebitda 90.19%
  • Net Worth -5.97%
  • Total Assets -8.88%

About Velvette Eyecare & Fashions (India)

Velvette Eyecare & Fashions (India) Private Limited (VEFIPL) is Strike Off company established on 27 Oct 2006 with its office registered at Mumbai, Maharashtra, India and has been running since 18 Year, 3 Months with a paid up capital of 0.42 M. According to MCA records, 2 Directors are linked to this company as of 10 May 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    velvette.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2006PTC165267

  • Company No.

    165267

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 2006

  • Date of AGM

    30 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Velvette Eyecare & Fashions (India)?

Board Members (2)

Name Designation Appointment Date Status
Vaishali Sawhney Country flag representing In Director 02-Apr-2007 Current
Rajesh Sawhney Country flag representing In Director 27-Oct-2006 Current

Financial Performance of Velvette Eyecare & Fashions (India).

Velvette Eyecare & Fashions (India) Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 84.58% increase in profit. The company's net worth dipped by a decrease of 5.97%.

Graph illustrating revenue growth over time
Graph showing 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
-8.88%
Profit or Loss
84.58%
Net Worth
-5.97%
EBITDA
90.19%

What is the Ownership and Shareholding Structure of Velvette Eyecare & Fashions (India)?

In 2020, Velvette Eyecare & Fashions (India) 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

₹0

Satisfied Charges

₹25.20 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.52 Cr

Latest Charge Details

Date Lender Amount Status
08 Jan 2007 Canara Bank ₹1.89 Cr Satisfied
08 Jan 2007 Canara Bank ₹6.35 M Satisfied

How Many Employees Work at Velvette Eyecare & Fashions (India)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velvette Eyecare & Fashions (India), 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 Velvette Eyecare & Fashions (India)'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 Velvette Eyecare & Fashions (India)

Recent activity within the organization

  • Annual General Meeting

    Velvette Eyecare & Fashions (India) Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.

    30 Dec 2020

  • Balance Sheet

    Velvette Eyecare & Fashions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge registered on 08 Jan 2007 via Charge ID 10036552 with Canara Bank was fully satisfied on 23 Apr 2019.

    23 Apr 2019

  • Charges

    A charge registered on 08 Jan 2007 via Charge ID 10035884 with Canara Bank was fully satisfied on 23 Apr 2019.

    23 Apr 2019

  • Charges

    A charge with Canara Bank of Rs. 18.85 M registered on 08 Jan 2007 with Charge ID 10035884 was modified on 19 Jan 2010.

    19 Jan 2010

  • Director Appointment

    Vaishali Rajesh Sawhney was appointed as a Director was appointed as a Director on 02 Apr 2007 & has been associated with this company since 17 years 10 months .

    02 Apr 2007

Frequently asked questions

  • Velvette Eyecare & Fashions (India) Private Limited was incorporated on 27 Oct 2006.

  • The authorized share capital of Velvette Eyecare & Fashions (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.42 M.

  • Currently 2 directors are associated with Velvette Eyecare & Fashions (India) Private Limited.

    • Vaishali Rajesh Sawhney
    • Rajesh Baldev Sawhney
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velvette Eyecare & Fashions (India) Private Limited is Shop No. 36 / 37 Asiad Market 355, Sheikh Memon Street, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Velvette Eyecare & Fashions (India) Private Limited is U74999MH2006PTC165267 and the company number is 165267 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velvette Eyecare & Fashions (India) Private Limited is https://www.velvette.in

  • The financial reports for the fiscal year 2020 indicates that The net worth of Velvette Eyecare & Fashions (India) Private Limited has experienced an downturn of -5.97%.

  • The most recent Balance Sheet for Velvette Eyecare & Fashions (India) Private Limited was filed with the ROC on 31 Mar 2020.

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