Venkateswara Electrical Industries Private Limited

Produces power and distribution transformers according to annual filings.

1981 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Venkateswara Electrical Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 150.14 Cr
  • Satisfied Charges ₹ 11.58 Cr
  • Revenue Growth 72.80%
  • Profit Growth 180.58%
  • Ebitda 26.31%
  • Net Worth 9.65%
  • Total Assets 47.22%

About Venkateswara Electrical Industries

Venkateswara Electrical Industries Private Limited (VEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 1981 and has a history of 43 years and eight months. Its registered office is in Kanchipuram, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹150.14 Cr. The company has closed loans amounting to ₹11.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arumugam Sivasubramani, Arumugam Padmavathi, and Siva Dharshana serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33111TN1981PTC008797

  • Company No.

    008797

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Venkateswara Electrical Industries Private Limited offer?

Venkateswara Electrical Industries Private Limited offers a wide range of products and services, including Distribution Transformer.

Who are the key members and board of directors at Venkateswara Electrical Industries?

Executive Team (1)

Name Designation Appointment Date Status
Arumugam Sivasubramani Country flag representing In Managing Director 17-Oct-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Arumugam Padmavathi Country flag representing In Director 14-Jun-2000 Current
Siva Dharshana Country flag representing In Additional Director 30-Aug-2023 Current

Financial Performance of Venkateswara Electrical Industries.

Venkateswara Electrical Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 72.8% increase. The company also saw a substantial improvement in profitability, with a 180.58% increase in profit. The company's net worth moved up by a moderate rise of 9.65%.

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
72.80%
Revenue from Operations
72.91%
Total Assets
47.22%
Profit or Loss
180.58%
Net Worth
9.65%
EBITDA
26.31%

What is the Ownership and Shareholding Structure of Venkateswara Electrical Industries?

In 2022, Venkateswara Electrical 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

₹150.14 Cr

Satisfied Charges

₹11.58 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 90.11 Cr
  • Others : 40.00 Cr
  • Hdfc Bank Limited : 20.00 Cr
  • The Tamilnadu Industrial Investment Corporation Ltd. : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
21 Dec 2023 Canara Bank ₹5.10 Cr Open
25 Jan 2023 Hdfc Bank Limited ₹20.00 Cr Open
19 Mar 2021 Others ₹40.00 Cr Open
24 Oct 2016 Canara Bank ₹0.58 M Open
21 Jul 2016 Canara Bank ₹1.05 M Open

How Many Employees Work at Venkateswara Electrical Industries?

Venkateswara Electrical Industries has a workforce of 30 employees as of Mar 26, 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 Venkateswara Electrical 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 Venkateswara Electrical 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 Venkateswara Electrical Industries

Recent activity within the organization

  • Annual General Meeting

    Venkateswara Electrical Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 19 Mar 2021 with Charge ID 100436474 was modified on 19 Jul 2024.

    19 Jul 2024

  • Balance Sheet

    Venkateswara Electrical Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 5.10 Cr with Charge ID 100892117 was registered on 21 Dec 2023.

    21 Dec 2023

  • Director Appointment

    Siva Subramani Sakthi Dharshana was appointed as a Additional Director was appointed as a Additional Director on 30 Aug 2023 & has been associated with this company since 1 year 5 months .

    30 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100714500 was registered on 25 Jan 2023.

    25 Jan 2023

Frequently asked questions

  • Venkateswara Electrical Industries Private Limited was incorporated on 04 Jun 1981.

  • The authorized share capital of Venkateswara Electrical Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Venkateswara Electrical Industries Private Limited.

    • Arumugam Sivasubramani
    • Arumugam Padmavathi
    • Siva Subramani Sakthi Dharshana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkateswara Electrical Industries Private Limited is No.75 Kundrathur Road Porur, India, Sriperumbudur, Tamil Nadu, 600116.

  • The corporate identification number (CIN) of Venkateswara Electrical Industries Private Limited is U33111TN1981PTC008797 and the company number is 008797 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Venkateswara Electrical Industries Private Limited has risen by 72.80%.

  • As Per 2022 financial reports, 30 employees are currently employed by Venkateswara Electrical Industries Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Venkateswara Electrical Industries Private Limited has experienced an upsurge of 9.65%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Venkateswara Electrical Industries Private Limited amount to ₹ 150.14 Cr.

  • The most recent Balance Sheet for Venkateswara Electrical Industries Private Limited was filed with the ROC on 31 Mar 2024.

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