Velvin Packaging Solutions Private Limited

Manufactures and trades various packing and packaging materials made of paper, plastic, and other materials.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: November 04, 2024

Velvin Packaging Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 3 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.00 Cr
  • Revenue Growth 65.95%
  • Profit Growth 95.09%
  • Ebitda 91.70%
  • Net Worth 146.43%
  • Total Assets 46.76%

About Velvin Packaging Solutions

Velvin Packaging Solutions Private Limited (VPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 May 2021 (Three years and eight months 25 days old ). Its registered office is in Mumbai, Maharashtra, 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 5.00 Cr and a paid-up capital of Rs 2.01 Cr.

The company currently has active open charges totaling ₹50.00 Cr.

Vernon Mathias and Vincent Mathias serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vel-vin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21029MH2021PTC361289

  • Company No.

    361289

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

Who are the key members and board of directors at Velvin Packaging Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Vincent Mathias Country flag representing In Director 31-May-2021Current
Vernon Mathias Country flag representing In Director 31-May-2021Current

Financial Performance of Velvin Packaging Solutions.

Velvin Packaging Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.95% increase. The company also saw a substantial improvement in profitability, with a 95.09% increase in profit. The company's net worth Soared by an impressive increase of 146.43%.

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
65.95%
Revenue from Operations
64.72%
Total Assets
46.76%
Profit or Loss
95.09%
Net Worth
146.43%
EBITDA
91.70%

What is the Ownership and Shareholding Structure of Velvin Packaging Solutions?

In 2023, Velvin Packaging Solutions 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

₹50.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Others₹17.00 CrOpen
28 Jan 2022Others₹12.00 CrOpen
30 Sep 2021Others₹21.00 CrOpen

How Many Employees Work at Velvin Packaging Solutions?

Velvin Packaging Solutions has a workforce of 113 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velvin Packaging Solutions, 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 Solutions'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 Velvin Packaging Solutions

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 17.00 Cr registered on 27 Mar 2024 with Charge ID 100906091 was modified on 23 Apr 2024.

    23 Apr 2024

  • Charges

    A charge with Others of Rs. 21.00 Cr registered on 30 Sep 2021 with Charge ID 100492962 was modified on 23 Apr 2024.

    23 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100906091 was registered on 27 Mar 2024.

    27 Mar 2024

  • Annual General Meeting

    Velvin Packaging Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Velvin Packaging Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 28 Jan 2022 with Charge ID 100532317 was modified on 06 Mar 2023.

    06 Mar 2023

Frequently asked questions

  • Velvin Packaging Solutions Private Limited was incorporated on 31 May 2021.

  • The authorized share capital of Velvin Packaging Solutions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.01 Cr.

  • Currently 2 directors are associated with Velvin Packaging Solutions Private Limited.

    • Vernon Mathias
    • Vincent Mathias
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velvin Packaging Solutions Private Limited is B-303 Mangalya Premises Co-Op Hsg So.Ltd Marol Maroshi Road Marol Andheri East, India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Velvin Packaging Solutions Private Limited is U21029MH2021PTC361289 and the company number is 361289 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Velvin Packaging Solutions Private Limited is https://www.vel-vin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velvin Packaging Solutions Private Limited has risen by 65.95%.

  • As Per 2023 financial reports, 113 employees are currently employed by Velvin Packaging Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velvin Packaging Solutions Private Limited has experienced an upsurge of 146.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velvin Packaging Solutions Private Limited amount to ₹ 50.00 Cr.

  • The most recent Balance Sheet for Velvin Packaging Solutions Private Limited was filed with the ROC on 31 Mar 2023.