Venus Home Appliances Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.18 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 106.37 Cr
- Satisfied Charges ₹ 52.88 Cr
- Revenue Growth 3.51%
- Profit Growth -65.91%
- Ebitda -33.11%
- Net Worth 5.22%
- Total Assets -3.76%
About Venus Home Appliances
Venus Home Appliances Private Limited (VHAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1995 and has a history of 29 years and ten months. Its registered office is in Tuticorin, Tamil Nadu, India.
The Corporate was formerly known as Venus Heaters Limited. The Company is engaged in the Consumer Electronics & Durables 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 4.50 Cr and a paid-up capital of Rs 4.18 Cr.
The company currently has active open charges totaling ₹106.37 Cr. The company has closed loans amounting to ₹52.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Murali Ganesan, Ramkumar Iyadurai, Singaravel Ranjan, and Two other members serve as directors at the Company.
Company Details
- Location
Tuticorin, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U30007TN1995PTC030812
- Company No.
030812
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 1995
- Date of AGM
22 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Venus Home Appliances Private Limited offer?
Venus Home Appliances Private Limited offers a wide range of products and services, including Industrial Mixers & Homogenizers, Continuous Mixer, Heater, Thermostat & Heating Devices, Water Heater & Geyser, Swimming Pool & Water Sport Goods, Swimming Pool Pumps, Solar & Renewable Energy Products, Solar Water Heater, Ceiling Fans, Decorative Ceiling Fan.
Who are the key members and board of directors at Venus Home Appliances?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramkumar Iyadurai  | Managing Director | 24-May-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Murali Ganesan | Whole-Time Director | 24-May-2004 | Current |
| Singaravel Ranjan | Director | 20-Jan-2016 | Current |
| Kumudha Vinodkumar | Director | 23-Jan-2018 | Current |
| Naren Rampriya | Director | 27-Apr-2023 | Current |
Financial Performance of Venus Home Appliances.
Venus Home Appliances Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.51% increase. The company also saw a substantial fall in profitability, with a 65.91% decrease in profit. The company's net worth moved up by a moderate rise of 5.22%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Venus Home Appliances?
In 2023, Venus Home Appliances had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹106.37 Cr
₹52.88 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 31.20 Cr
- State Bank Of India : 29.98 Cr
- Others : 25.50 Cr
- Hdfc Bank Limited : 19.09 Cr
- Axis Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | Others | ₹25.50 Cr | Open |
| 22 Feb 2024 | Axis Bank Limited | ₹1.01 M | Open |
| 08 Feb 2024 | Hdfc Bank Limited | ₹4.81 Cr | Open |
| 14 Sep 2023 | Axis Bank Limited | ₹1.50 M | Open |
| 26 May 2022 | Citi Bank N.A. | ₹7.20 Cr | Open |
How Many Employees Work at Venus Home Appliances?
Venus Home Appliances has a workforce of 699 employees as of Apr 06, 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 Venus Home Appliances, 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 Venus Home Appliances'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.
