Venelec Electromech Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.60 M
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.01 Cr
- Satisfied Charges ₹ 3.78 Cr
- Revenue Growth 45.20%
- Profit Growth 65.61%
- Ebitda 9.95%
- Net Worth 7.84%
- Total Assets -10.65%
About Venelec Electromech Industries
Venelec Electromech Industries Private Limited (VEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 June 1988 and has a history of 36 years and seven months. Its registered office is in New Delhi, Delhi, India.
The Company is engaged in the Energy And Power 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 2.50 M and a paid-up capital of Rs 1.60 M.
The company currently has active open charges totaling ₹2.01 Cr. The company has closed loans amounting to ₹3.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shivendra Srivastava and Gaurav Agarwal serve as directors at the Company.
Company Details
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Location
New Delhi, Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74899DL1988PTC032169
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Company No.
032169
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Jun 1988
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Venelec Electromech Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shivendra Srivastava
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Director | 01-Aug-2012 | Current |
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Gaurav Agarwal
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Director | 25-Oct-2012 | Current |
Financial Performance of Venelec Electromech Industries.
Venelec Electromech Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.2% increase. The company also saw a substantial improvement in profitability, with a 65.61% increase in profit. The company's net worth moved up by a moderate rise of 7.84%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Venelec Electromech Industries?
In 2023, Venelec Electromech Industries 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)
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Rigil-Geny India Private LimitedGaurav Agarwal is a mutual person
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Rigil Techno India Private LimitedShivendra Srivastava and Gaurav Agarwal are mutual person
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Hongshang (India) Private LimitedShivendra Srivastava and Gaurav Agarwal are mutual person
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Rigil Biotech Private LimitedShivendra Srivastava and Gaurav Agarwal are mutual person
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Quality Products Lab Private LimitedShivendra Srivastava and Gaurav Agarwal are mutual person
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Nutrinector Bionaturals Private Limited
Shivendra Srivastava is a mutual person
Charges (Loans)
₹20.12 M
₹37.80 M
Charges Breakdown by Lending Institutions
- Others : 2.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2016 | Others | ₹2.01 Cr | Open |
| 28 Jan 2014 | Icici Bank Limited | ₹1.70 Cr | Satisfied |
| 21 Jan 2013 | Indusind Bank Ltd. | ₹1.50 Cr | Satisfied |
| 09 Jul 1998 | Union Bank Of India | ₹5.80 M | Satisfied |
How Many Employees Work at Venelec Electromech Industries?
Venelec Electromech Industries has a workforce of 19 employees as of Apr 08, 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 Venelec Electromech Industries, 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 Venelec Electromech Industries'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.
