Velvin Packaging Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.75 Cr
- Satisfied Charges ₹ 5.29 M
- Revenue Growth 11.26%
- Profit Growth 16.41%
- Ebitda 19.00%
- Net Worth 29.99%
- Total Assets 3.95%
About Velvin Packaging
Velvin Packaging Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 1998 and has a history of 27 years and two months. Its registered office is in Goa, Goa, India.
The Company is engaged in the Packaging 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹7.75 Cr. The company has closed loans amounting to ₹5.29 M, as per Ministry of Corporate Affairs (MCA) records.
Vincent Mathias and Premila Mathias serve as directors at the Company.
Company Details
- Location
Goa, Goa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U21029GA1998PTC002528
- Company No.
002528
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Feb 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Packaging
Velvin Packaging Private Limited
Explore comprehensive data for Velvin Packaging Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Velvin Packaging?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vincent Mathias  | Managing Director | 23-Feb-1998 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Premila Mathias | Director | 23-Feb-1998 | Current |
Financial Performance of Velvin Packaging.
Velvin Packaging Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.26% increase. The company also saw a substantial improvement in profitability, with a 16.41% increase in profit. The company's net worth Soared by an impressive increase of 29.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velvin Packaging?
In 2023, Velvin Packaging had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Velvin Technologies Private Limited
Vincent Mathias is a mutual person
Velvin Rengo Containers Private LimitedVincent Mathias is a mutual person
- Velvin Packaging Solutions Private Limited
Vincent Mathias is a mutual person
- Christian Chamber Of Commerce And Industry
Vincent Mathias is a mutual person
Charges (Loans)
Open Charges
₹77.47 M
Satisfied Charges
₹5.29 M
Charges Breakdown by Lending Institutions
- Others : 7.10 Cr
- Citizencredit Co-Operative Bank Ltd. - Marol Branch : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2016 | Others | ₹5.51 Cr | Open |
| 24 May 2013 | Citizencredit Co-Operative Bank Ltd. - Marol Branch | ₹2.50 M | Open |
| 01 Mar 2007 | Citizencredit Co-Operative Bank Ltd. - Marol Branch | ₹4.00 M | Open |
| 01 Mar 2007 | Others | ₹1.59 Cr | Open |
| 11 Mar 2015 | Canara Bank | ₹0.99 M | Satisfied |
How Many Employees Work at Velvin Packaging?
Velvin Packaging has a workforce of 40 employees as of Apr 06, 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 Velvin Packaging, 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 Velvin Packaging'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.
Latest Updates, News, and FAQs on Velvin Packaging
Recent activity within the organization
- Annual General Meeting
Velvin Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Velvin Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.
- Charges
A charge with Others of Rs. 15.85 M registered on 01 Mar 2007 with Charge ID 10041663 was modified on 30 Sep 2021.
- Charges
A charge registered on 11 Mar 2015 via Charge ID 10561175 with Canara Bank was fully satisfied on 04 Aug 2020.
- Charges
A charge registered on 22 Jul 1998 via Charge ID 90075864 with Citi Bank Co-Op Bank Ltd. was fully satisfied on 22 Jul 2020.
- Charges
A charge with Others amounted to Rs. 55.12 M with Charge ID 100045062 was registered on 29 Jul 2016.
Frequently asked questions
What is the Incorporation or founding date of Velvin Packaging Private Limited?
Velvin Packaging Private Limited was incorporated on 23 Feb 1998.
What is authorized share capital and paid-up capital of Velvin Packaging Private Limited?
The authorized share capital of Velvin Packaging Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Velvin Packaging Private Limited?
Currently 2 directors are associated with Velvin Packaging Private Limited.
- Vincent Mathias
- Premila Mathias
What is the registered address of Velvin Packaging Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Velvin Packaging Private Limited is D-2 /14 Corlim Industrialestate Corlim, Goa, India.
What is the corporate identification number (CIN) and company number of Velvin Packaging Private Limited?
The corporate identification number (CIN) of Velvin Packaging Private Limited is U21029GA1998PTC002528 and the company number is 002528 as per Ministry of Corporate Affairs (MCA).
What is the official website of Velvin Packaging Private Limited?
The Official website of Velvin Packaging Private Limited is https://www.vel-vin.com
What has been the recent revenue trend for Velvin Packaging Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Velvin Packaging Private Limited has risen by 11.26%.
How many employees does Velvin Packaging Private Limited currently have?
As Per 2023 financial reports, 40 employees are currently employed by Velvin Packaging Private Limited.
What change has been observed in the net worth of Velvin Packaging Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Velvin Packaging Private Limited has experienced an upsurge of 29.99%.
What are the total open charges for Velvin Packaging Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Velvin Packaging Private Limited amount to ₹ 7.75 Cr.
When was the last Balance Sheet of Velvin Packaging Private Limited filed with the ROC?
The most recent Balance Sheet for Velvin Packaging Private Limited was filed with the ROC on 31 Mar 2023.
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