Vetrivel Explosives Private Limited

This company manufactures explosives and provides blasting accessories for mining, construction, and other industries.

1999 | Salem, Tamil Nadu (India) | Active
Last Updated:

Vetrivel Explosives Profile

Key Indicators

  • Authorised Capital ₹ 25.50 Cr
  • Paid Up Capital ₹ 16.00 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 143.88 Cr
  • Satisfied Charges ₹ 148.66 Cr
  • Revenue Growth 58.25%
  • Profit Growth 16.93%
  • Ebitda 67.69%
  • Net Worth 10.09%
  • Total Assets 62.72%

About Vetrivel Explosives

Vetrivel Explosives Private Limited (VEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 1999 and has a history of 25 years and three months. Its registered office is in Salem, Tamil Nadu, India.

The Company is engaged in the Travel And Hospitality 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 25.50 Cr and a paid-up capital of Rs 16.00 Cr.

The company currently has active open charges totaling ₹143.88 Cr. The company has closed loans amounting to ₹148.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramalingam Vijayakannan, Ramalingam Vetrivel, Jayapal Sivanandham, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24292TZ1999PTC009092

  • Company No.

    009092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Travel and Hospitality
Education

What products or services does Vetrivel Explosives Private Limited offer?

Vetrivel Explosives Private Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Chemical Fertilizers, Industrial & Slurry Explosive, Electrical Fuse, Safety Fuses, Drilling & Boring Equipment, Mining Equipment Accessories.

Who are the key members and board of directors at Vetrivel Explosives?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramalingam Vijayakannan Country flag representing In Managing Director14-Dec-2007Current

Board Members (4)

NameDesignationAppointment DateStatus
Ramalingam Vetrivel Country flag representing In Director 14-Dec-2007Current
Jayapal Sivanandham Country flag representing In Director 03-Feb-2020Current
Senthilnathan Country flag representing In Director 03-Feb-2020Current
Palaniyappan Prakasam Country flag representing In Director 24-Nov-1999Current

Financial Performance of Vetrivel Explosives.

Vetrivel Explosives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.25% increase. The company also saw a substantial improvement in profitability, with a 16.93% increase in profit. The company's net worth Soared by an impressive increase of 10.09%.

Vetrivel Explosives revenue growth over time
Vetrivel Explosives 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
58.25%
Revenue from Operations
60.07%
Total Assets
62.72%
Profit or Loss
16.93%
Net Worth
10.09%
EBITDA
67.69%

What is the Ownership and Shareholding Structure of Vetrivel Explosives?

In 2023, Vetrivel Explosives had a promoter holding of 69.69% and a public holding of 30.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹143.88 Cr

Satisfied Charges

₹148.66 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 138.73 Cr
  • Others : 5.15 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2024Hdfc Bank Limited₹3.36 MOpen
20 Mar 2024Hdfc Bank Limited₹3.34 MOpen
11 Jan 2023Others₹5.15 CrOpen
17 Aug 2022Hdfc Bank Limited₹3.56 MOpen
28 Jun 2022Hdfc Bank Limited₹137.70 CrOpen

How Many Employees Work at Vetrivel Explosives?

Vetrivel Explosives has a workforce of 237 employees as of Apr 08, 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 Vetrivel Explosives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vetrivel Explosives, 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 Vetrivel Explosives'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 Vetrivel Explosives

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 137.70 Cr registered on 28 Jun 2022 with Charge ID 100598137 was modified on 05 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100990332 was registered on 22 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100926154 was registered on 20 Mar 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Vetrivel Explosives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 5.15 Cr with Charge ID 100671496 was registered on 11 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Vetrivel Explosives Private Limited?

    Vetrivel Explosives Private Limited was incorporated on 24 Nov 1999.

  • What is authorized share capital and paid-up capital of Vetrivel Explosives Private Limited?

    The authorized share capital of Vetrivel Explosives Private Limited is ₹ 25.50 Cr and paid-up capital is ₹ 16.00 Cr.

  • Who are the current board members & directors of Vetrivel Explosives Private Limited?

    Currently 5 directors are associated with Vetrivel Explosives Private Limited.

    • Ramalingam Vijayakannan
    • Ramalingam Vetrivel
    • Jayapal Sivanandham
    • Senthilnathan
    • Palaniyappan Prakasam

  • What is the registered address of Vetrivel Explosives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vetrivel Explosives Private Limited is 135Fkennedy Nagar India, Salem, Tamil Nadu, 636005.

  • What is the corporate identification number (CIN) and company number of Vetrivel Explosives Private Limited?

    The corporate identification number (CIN) of Vetrivel Explosives Private Limited is U24292TZ1999PTC009092 and the company number is 009092 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vetrivel Explosives Private Limited?

    The Official website of Vetrivel Explosives Private Limited is https://www.vetrivelexplosives.com

  • What has been the recent revenue trend for Vetrivel Explosives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vetrivel Explosives Private Limited has risen by 58.25%.

  • How many employees does Vetrivel Explosives Private Limited currently have?

    As Per 2023 financial reports, 237 employees are currently employed by Vetrivel Explosives Private Limited.

  • What change has been observed in the net worth of Vetrivel Explosives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vetrivel Explosives Private Limited has experienced an upsurge of 10.09%.

  • What are the total open charges for Vetrivel Explosives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vetrivel Explosives Private Limited amount to ₹ 143.88 Cr.

  • When was the last Balance Sheet of Vetrivel Explosives Private Limited filed with the ROC?

    The most recent Balance Sheet for Vetrivel Explosives Private Limited was filed with the ROC on 31 Mar 2023.

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