Vetrivel Explosives Profile
Key Indicators
- Authorised Capital ₹ 25.50 Cr
- Paid Up Capital ₹ 16.00 Cr
- Company Age 25 Year, 2 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 two 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
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Location
Salem, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24292TZ1999PTC009092
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Company No.
009092
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Nov 1999
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramalingam Vijayakannan
|
Managing Director | 14-Dec-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ramalingam Vetrivel
|
Director | 14-Dec-2007 | Current |
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Jayapal Sivanandham
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Director | 03-Feb-2020 | Current |
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Senthilnathan
|
Director | 03-Feb-2020 | Current |
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Palaniyappan Prakasam
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Director | 24-Nov-1999 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sri Dhurga Power Private LimitedRamalingam Vijayakannan is a mutual person
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Krishnaswamy Homes Private Limited
Ramalingam Vijayakannan and Ramalingam Vetrivel are mutual person
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Sivasakthi Hospitality Private Limited
Ramalingam Vijayakannan and Ramalingam Vetrivel are mutual person
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Trident Explosives Private Limited
Jayapal Sivanandham is a mutual person
Charges (Loans)
₹143.88 Cr
₹148.66 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 138.73 Cr
- Others : 5.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2024 | Hdfc Bank Limited | ₹3.36 M | Open |
| 20 Mar 2024 | Hdfc Bank Limited | ₹3.34 M | Open |
| 11 Jan 2023 | Others | ₹5.15 Cr | Open |
| 17 Aug 2022 | Hdfc Bank Limited | ₹3.56 M | Open |
| 28 Jun 2022 | Hdfc Bank Limited | ₹137.70 Cr | Open |
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.
Deals i
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
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.
