Venlon Enterprises Limited

This company manufactures and distributes BOPET, PET chips, polyester film, formaldehyde, and operates wind mills.

1983 | Mysore, Karnataka (India) | Active
Last Updated:

Venlon Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 26.50 Cr
  • Paid Up Capital ₹ 26.12 Cr
  • Company Age 41 Year, 5 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 five 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

Environment
Manufacturing
Packaging

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.

Company report

Venlon Enterprises Limited

Explore comprehensive data for Venlon Enterprises Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Venlon Enterprises?

Executive Team (3)

NameDesignationAppointment DateStatus
Chand Datwani Country flag representing In Managing Director30-Jul-2011Current
Saroj Datwani Country flag representing In CFO30-Jul-2011Current
Gargeshwari Rao Country flag representing In Company Secretary01-Mar-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Saroj Datwani Country flag representing In Whole-Time Director and Cfo 30-Jul-2011Current
Sreedhar Nagaraju Country flag representing In Director 12-Apr-2023Current
Nagendra Krishnamurthy Country flag representing In Director 30-Dec-2023Current
Mysuru Dhanush Director 27-Sep-2024Current

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%.

Venlon Enterprises revenue growth over time
Venlon Enterprises 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
-61.37%
Revenue from Operations
-37.36%
Total Assets
-20.40%
Profit or Loss
-1313.11%
Net Worth
-45.56%
EBITDA
-1143.55%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹209.83 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
29 Apr 2005Corporation Bank₹6.00 CrOpen
29 Apr 2005Corporation Bank₹6.00 CrOpen
23 Jul 2003Corporation Bank₹28.50 CrOpen
03 Jul 2003Canara Bank₹28.50 CrOpen
03 Jul 2003Canara Bank₹28.50 CrOpen

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.

Employee growth trends for Venlon Enterprises Limited

Deals i

Graph showing company valuation over time

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

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 Venlon Enterprises

Recent activity within the organization

  • Annual General Meeting

    Venlon Enterprises Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mysuru Devaraju Dhanush was appointed as a Director was appointed as a Director on 27 Sep 2024 & has been associated with this company since 6 months 13 days .

  • Balance Sheet

    Venlon Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Nagendra Hanabe Krishnamurthy was appointed as a Director was appointed as a Director on 30 Dec 2023 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Sreedhar Nagaraju was appointed as a Director was appointed as a Director on 12 Apr 2023 & has been associated with this company since 1 year 11 months .

  • Charges

    A charge registered on 29 Apr 2005 via Charge ID 80004850 with Others was fully satisfied on 13 May 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Venlon Enterprises Limited?

    Venlon Enterprises Limited was incorporated on 24 Oct 1983.

  • What is authorized share capital and paid-up capital of Venlon Enterprises Limited?

    The authorized share capital of Venlon Enterprises Limited is ₹ 26.50 Cr and paid-up capital is ₹ 26.12 Cr.

  • Who are the current board members & directors of Venlon Enterprises Limited?

    Currently 7 directors are associated with Venlon Enterprises Limited.

    • Saroj Chandru Datwani
    • Chand Daulat Datwani
    • Sreedhar Nagaraju
    • Nagendra Hanabe Krishnamurthy
    • Mysuru Devaraju Dhanush
    • Saroj Chandru Datwani
    • Gargeshwari Dhruvarao Rama Rao

  • What is the registered address of Venlon Enterprises Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Venlon Enterprises Limited is 26-P, Belavadi Indl.Areahunsur Road India, Mysore, Karnataka, 570018.

  • What is the corporate identification number (CIN) and company number of Venlon Enterprises Limited?

    The corporate identification number (CIN) of Venlon Enterprises Limited is L24231KA1983PLC015089 and the company number is 015089 as per Ministry of Corporate Affairs (MCA).

  • Is Venlon Enterprises Limited registered with any stock exchange in India?

    Yes, Venlon Enterprises Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Venlon Enterprises Limited?

    The Official website of Venlon Enterprises Limited is https://www.venlonenterprises.com

  • What has been the recent revenue trend for Venlon Enterprises Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Venlon Enterprises Limited has fallen by -61.37%.

  • How many employees does Venlon Enterprises Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Venlon Enterprises Limited.

  • What change has been observed in the net worth of Venlon Enterprises Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Venlon Enterprises Limited has experienced an downturn of -45.56%.

  • What are the total open charges for Venlon Enterprises Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Venlon Enterprises Limited amount to ₹ 209.83 Cr.

  • When was the last Balance Sheet of Venlon Enterprises Limited filed with the ROC?

    The most recent Balance Sheet for Venlon Enterprises Limited was filed with the ROC on 31 Mar 2024.

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