Venlub Petro Products Private Limited

Manufactures and supplies industrial and automotive lubricants, deals with various brands.

1996 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

Venlub Petro Products Profile

Key Indicators

  • Authorised Capital ₹ 2.71 Cr
  • Paid Up Capital ₹ 2.71 Cr
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.70 Cr
  • Satisfied Charges ₹ 17.11 Cr
  • Revenue Growth 2.51%
  • Profit Growth 20.02%
  • Ebitda 67.45%
  • Net Worth 99.56%
  • Total Assets 90.00%

About Venlub Petro Products

Venlub Petro Products Private Limited (VPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 1996 and has a history of 28 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials 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 2.71 Cr and a paid-up capital of Rs 2.71 Cr.

The company currently has active open charges totaling ₹39.70 Cr. The company has closed loans amounting to ₹17.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shilpa Kumar, Deepak Dhanasekar, and Velayudham Anbarasi serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    venlub.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23201TN1996PTC034875

  • Company No.

    034875

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Venlub Petro Products Private Limited offer?

Venlub Petro Products Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Oils, Engine Oil, Industrial Oils, Coolant Oils, Automotive Grease, Lubricants, Transformers & Transformer Parts, Transformer Parts, Machine Oils.

Who are the key members and board of directors at Venlub Petro Products?

Board Members (3)

Name Designation Appointment Date Status
Deepak Dhanasekar Country flag representing In Director 24-Sep-2011 Current
Shilpa Kumar Country flag representing In Director 20-Jun-2019 Current
Velayudham Anbarasi Country flag representing In Director 21-Mar-1996 Current

Financial Performance of Venlub Petro Products.

Venlub Petro Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.51% increase. The company also saw a substantial improvement in profitability, with a 20.02% increase in profit. The company's net worth Soared by an impressive increase of 99.56%.

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
2.51%
Revenue from Operations
2.45%
Total Assets
90.00%
Profit or Loss
20.02%
Net Worth
99.56%
EBITDA
67.45%

What is the Ownership and Shareholding Structure of Venlub Petro Products?

In 2023, Venlub Petro Products 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

₹39.70 Cr

Satisfied Charges

₹17.11 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 29.60 Cr
  • Others : 10.10 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2023 The Hongkong And Shanghai Banking Corporation Limited ₹1.60 Cr Open
07 Sep 2023 Others ₹0.96 M Open
04 Feb 2023 The Hongkong And Shanghai Banking Corporation Limited ₹28.00 Cr Open
14 Mar 2022 Others ₹10.00 Cr Open
02 Nov 2021 Others ₹1.73 Cr Satisfied

How Many Employees Work at Venlub Petro Products?

Venlub Petro Products has a workforce of 59 employees as of Apr 09, 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 Venlub Petro Products, 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 Venlub Petro Products'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 Venlub Petro Products

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.60 Cr with Charge ID 100841236 was registered on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 28.00 Cr registered on 04 Feb 2023 with Charge ID 100690099 was modified on 14 Dec 2023.

    14 Dec 2023

  • Annual General Meeting

    Venlub Petro Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100779905 was registered on 07 Sep 2023.

    07 Sep 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 14 Mar 2022 with Charge ID 100555949 was modified on 27 Jul 2023.

    27 Jul 2023

  • Charges

    A charge registered on 08 Jun 2016 via Charge ID 100069081 with Others was fully satisfied on 06 Jul 2023.

    06 Jul 2023

Frequently asked questions

  • Venlub Petro Products Private Limited was incorporated on 21 Mar 1996.

  • The authorized share capital of Venlub Petro Products Private Limited is ₹ 2.71 Cr and paid-up capital is ₹ 2.71 Cr.

  • Currently 3 directors are associated with Venlub Petro Products Private Limited.

    • Shilpa Pram Kumar
    • Deepak Dhanasekar
    • Velayudham Anbarasi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venlub Petro Products Private Limited is 563 M.T.H Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India, 600098.

  • The corporate identification number (CIN) of Venlub Petro Products Private Limited is U23201TN1996PTC034875 and the company number is 034875 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Venlub Petro Products Private Limited is https://www.venlub.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venlub Petro Products Private Limited has risen by 2.51%.

  • As Per 2023 financial reports, 59 employees are currently employed by Venlub Petro Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venlub Petro Products Private Limited has experienced an upsurge of 99.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venlub Petro Products Private Limited amount to ₹ 39.70 Cr.

  • The most recent Balance Sheet for Venlub Petro Products Private Limited was filed with the ROC on 31 Mar 2023.

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