Venlon Enterprises Profile
Key Indicators
- Authorised Capital ₹ 26.50 Cr
- Paid Up Capital ₹ 26.12 Cr
- Company Age 41 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 209.83 Cr
- Satisfied Charges ₹ 53.15 Cr
- Revenue Growth -61.37%
- Profit Growth -1313.11%
- Ebitda -1143.55%
- Net Worth -45.56%
- Total Assets -20.40%
About Venlon Enterprises
Venlon Enterprises Limited (VEL) is a Public Limited Indian Non-Government Company incorporated in India on 24 October 1983 and has a history of 41 years and four months. Its registered office is in Mysore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524038.
The Corporate was formerly known as Venlon Polyester Film Limited. The Company is engaged in the Environment 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 26.50 Cr and a paid-up capital of Rs 26.12 Cr.
The company currently has active open charges totaling ₹209.83 Cr. The company has closed loans amounting to ₹53.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Venlon Enterprises Limited India are Saroj Datwani as CFO and Gargeshwari Rao as Company Secretary. Saroj Datwani, Chand Datwani, Sreedhar Nagaraju, and Two other members serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L24231KA1983PLC015089
- Company No.
015089
- Stock Symbol
BSE : 524038
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Oct 1983
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
What products or services does Venlon Enterprises Limited offer?
Venlon Enterprises Limited offers a wide range of products and services, including Fire Fighting & Prevention Products, Fire Extinguishing Agents, Industrial Chemicals & Supplies, Aldehydes, Disinfectant Chemicals, Formaldehyde, Yarn, Yarns & Threads, Fancy Yarn, IT, Networking & Automation Solution.
Who are the key members and board of directors at Venlon Enterprises?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chand Datwani  | Managing Director | 30-Jul-2011 | Current |
| Saroj Datwani | CFO | 30-Jul-2011 | Current |
| Gargeshwari Rao | Company Secretary | 01-Mar-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saroj Datwani | Whole-Time Director and Cfo | 30-Jul-2011 | Current |
| Sreedhar Nagaraju | Director | 12-Apr-2023 | Current |
| Nagendra Krishnamurthy | Director | 30-Dec-2023 | Current |
| Mysuru Dhanush | Director | 27-Sep-2024 | Current |
Financial Performance of Venlon Enterprises.
Venlon Enterprises Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.37% decrease. The company also saw a substantial fall in profitability, with a 1313.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Venlon Enterprises?
In 2023, Venlon Enterprises had a promoter holding of 60.37% and a public holding of 39.63%. 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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- Priya Residency Private Limited
Saroj Datwani and Chand Datwani are mutual person
- Midtown Realtors Private Limited
Saroj Datwani and Chand Datwani are mutual person
- Kamdhenu Residency Private Limited
Saroj Datwani and Chand Datwani are mutual person
- Sanjog Residency Private Limited
Saroj Datwani and Chand Datwani are mutual person
Charges (Loans)
₹209.83 Cr
₹53.15 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 94.53 Cr
- Industrial Development Bank Of India : 46.60 Cr
- Corporation Bank : 40.50 Cr
- Karnataka State Industrial Investment And Devel. Corpn. Ltd. : 10.50 Cr
- Karnataka State Industrial Invest. And Dev. Corpn. Ltd. : 10.50 Cr
- Others : 7.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2005 | Corporation Bank | ₹6.00 Cr | Open |
| 29 Apr 2005 | Corporation Bank | ₹6.00 Cr | Open |
| 23 Jul 2003 | Corporation Bank | ₹28.50 Cr | Open |
| 03 Jul 2003 | Canara Bank | ₹28.50 Cr | Open |
| 03 Jul 2003 | Canara Bank | ₹28.50 Cr | Open |
How Many Employees Work at Venlon Enterprises?
Venlon Enterprises has a workforce of 8 employees as of Apr 05, 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 Venlon Enterprises, 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 Venlon Enterprises'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.
