Vv Silver Palace Private Limited

Manufacturer and trader of silver jewelry and articles, established in 2005 and based in Delhi.

2005 | Delhi (India) | Active
Last Updated: November 16, 2024

Vv Silver Palace Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.18 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.56 Cr
  • Satisfied Charges ₹ 1.30 M
  • Revenue Growth 80.50%
  • Profit Growth 452.60%
  • Ebitda 29.22%
  • Net Worth 11.02%
  • Total Assets 24.50%

About Vv Silver Palace

Vv Silver Palace Private Limited (VSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 February 2005 and has a history of 19 years and 11 months. Its registered office is in Delhi, India.

The Corporate was formerly known as Elanda Exports Pvt Ltd. The Company is engaged in the Consumer Goods 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 3.50 M and a paid-up capital of Rs 3.18 M.

The company currently has active open charges totaling ₹4.56 Cr. The company has closed loans amounting to ₹1.30 M, as per Ministry of Corporate Affairs (MCA) records.

Subhash Verma and Vishal Verma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2005PTC133287

  • Company No.

    133287

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

What products or services does Vv Silver Palace Private Limited offer?

Vv Silver Palace Private Limited offers a wide range of products and services, including Clocks and Watches, Ladies Watch, Teapot, Coffee Mugs & Tea Sets, Tea Sets, Artificial and Metal Necklaces, Necklace, Bangles, Bracelets & Anklets, Fashion Bracelets, Bangles, Stone Bracelet.

Who are the key members and board of directors at Vv Silver Palace?

Board Members (2)

Name Designation Appointment Date Status
Subhash Verma Country flag representing In Director 19-Jun-2010 Current
Vishal Verma Country flag representing In Director 07-Jun-2013 Current

Financial Performance of Vv Silver Palace.

Vv Silver Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.5% increase. The company also saw a substantial improvement in profitability, with a 452.6% increase in profit. The company's net worth Soared by an impressive increase of 11.02%.

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
80.50%
Revenue from Operations
76.59%
Total Assets
24.50%
Profit or Loss
452.60%
Net Worth
11.02%
EBITDA
29.22%

What is the Ownership and Shareholding Structure of Vv Silver Palace?

In 2023, Vv Silver Palace had a promoter holding of 85.01% and a public holding of 14.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.64 M

Satisfied Charges

₹1.30 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.56 Cr

Latest Charge Details

Date Lender Amount Status
24 Sep 2022 Yes Bank Limited ₹4.56 Cr Open
18 Oct 2014 Hdfc Bank Limited ₹1.30 M Satisfied

How Many Employees Work at Vv Silver Palace?

Unlock and access historical data on people associated with Vv Silver Palace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vv Silver Palace, 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 Vv Silver Palace'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 Vv Silver Palace

Recent activity within the organization

  • Annual General Meeting

    Vv Silver Palace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Vv Silver Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 45.64 M registered on 24 Sep 2022 with Charge ID 100650006 was modified on 12 Oct 2023.

    12 Oct 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 45.64 M with Charge ID 100650006 was registered on 24 Sep 2022.

    24 Sep 2022

  • Charges

    A charge registered on 18 Oct 2014 via Charge ID 10574854 with Hdfc Bank Limited was fully satisfied on 22 Feb 2019.

    22 Feb 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.30 M with Charge ID 10574854 was registered on 18 Oct 2014.

    18 Oct 2014

Frequently asked questions

  • Vv Silver Palace Private Limited was incorporated on 23 Feb 2005.

  • The authorized share capital of Vv Silver Palace Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.18 M.

  • Currently 2 directors are associated with Vv Silver Palace Private Limited.

    • Subhash Chand Verma
    • Vishal Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vv Silver Palace Private Limited is 3229-3232 Gali No.29 Plot No 57 Beadon Pura Karol Bagh India, New Delhi, 110005.

  • The corporate identification number (CIN) of Vv Silver Palace Private Limited is U51909DL2005PTC133287 and the company number is 133287 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vv Silver Palace Private Limited is https://www.vvsilver.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vv Silver Palace Private Limited has risen by 80.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vv Silver Palace Private Limited has experienced an upsurge of 11.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vv Silver Palace Private Limited amount to ₹ 4.56 Cr.

  • The most recent Balance Sheet for Vv Silver Palace Private Limited was filed with the ROC on 31 Mar 2024.

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