Venelec Electromech Industries Private Limited

Manufactures and supplies cable jointing and termination kits for various voltage grades, meeting national and international standards.

1988 | New Delhi, Delhi (India) | Active
Last Updated:

Venelec Electromech Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 36 Year, 8 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 eight 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

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    venuscablejoints.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1988PTC032169

  • Company No.

    032169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

Who are the key members and board of directors at Venelec Electromech Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Shivendra Srivastava Country flag representing In Director 01-Aug-2012Current
Gaurav Agarwal Country flag representing In Director 25-Oct-2012Current

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%.

Venelec Electromech Industries revenue growth over time
Venelec Electromech Industries 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
45.20%
Revenue from Operations
45.37%
Total Assets
-10.65%
Profit or Loss
65.61%
Net Worth
7.84%
EBITDA
9.95%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.12 M

Satisfied Charges

₹37.80 M

Charges Breakdown by Lending Institutions

  • Others : 2.01 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2016Others₹2.01 CrOpen
28 Jan 2014Icici Bank Limited₹1.70 CrSatisfied
21 Jan 2013Indusind Bank Ltd.₹1.50 CrSatisfied
09 Jul 1998Union Bank Of India₹5.80 MSatisfied

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.

Employee growth trends for Venelec Electromech Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Venelec Electromech Industries

Recent activity within the organization

  • Annual General Meeting

    Venelec Electromech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 20.12 M registered on 20 Sep 2016 with Charge ID 100065157 was modified on 10 May 2023.

  • Balance Sheet

    Venelec Electromech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 28 Jan 2014 via Charge ID 10474384 with Icici Bank Limited was fully satisfied on 18 Nov 2016.

  • Charges

    A charge with Others amounted to Rs. 20.12 M with Charge ID 100065157 was registered on 20 Sep 2016.

  • Charges

    A charge registered on 21 Jan 2013 via Charge ID 10406372 with Indusind Bank Ltd. was fully satisfied on 04 Aug 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Venelec Electromech Industries Private Limited?

    Venelec Electromech Industries Private Limited was incorporated on 21 Jun 1988.

  • What is authorized share capital and paid-up capital of Venelec Electromech Industries Private Limited?

    The authorized share capital of Venelec Electromech Industries Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.60 M.

  • Who are the current board members & directors of Venelec Electromech Industries Private Limited?

    Currently 2 directors are associated with Venelec Electromech Industries Private Limited.

    • Shivendra Kumar Srivastava
    • Gaurav Agarwal

  • What is the registered address of Venelec Electromech Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Venelec Electromech Industries Private Limited is P - 97 3Rd Floor South Extension Part - Ii, New Delhi, India, 110049.

  • What is the corporate identification number (CIN) and company number of Venelec Electromech Industries Private Limited?

    The corporate identification number (CIN) of Venelec Electromech Industries Private Limited is U74899DL1988PTC032169 and the company number is 032169 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Venelec Electromech Industries Private Limited?

    The Official website of Venelec Electromech Industries Private Limited is https://www.venuscablejoints.com

  • What has been the recent revenue trend for Venelec Electromech Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Venelec Electromech Industries Private Limited has risen by 45.20%.

  • How many employees does Venelec Electromech Industries Private Limited currently have?

    As Per 2023 financial reports, 19 employees are currently employed by Venelec Electromech Industries Private Limited.

  • What change has been observed in the net worth of Venelec Electromech Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Venelec Electromech Industries Private Limited has experienced an upsurge of 7.84%.

  • What are the total open charges for Venelec Electromech Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Venelec Electromech Industries Private Limited amount to ₹ 2.01 Cr.

  • When was the last Balance Sheet of Venelec Electromech Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Venelec Electromech Industries Private Limited was filed with the ROC on 31 Mar 2023.

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