Velan Enterprises Private Limited
About Velan Enterprises Private Limited
Data last updated:
Velan Enterprises Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metalworking segment of the metals and mining sector. It was incorporated on 27 November 1991.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1991PTC021755.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hema Balasubramanian and Natesaiyer Balasubramanian.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.54/4 Paulwells Road Sri Puram Colony St Thomas Mount, Chennai, Tamil Nadu, India – 600016.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.24 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.01 Lakh (net margin 93%) and EBITDA of ₹3.01 Lakh (EBITDA margin 93%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
Company details
Contact details
Velan Enterprises Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.54/4 Paulwells Road Sri Puram Colony St Thomas Mount, Chennai, Tamil Nadu, India – 600016
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Velan Enterprises Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Velan Enterprises is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Velan Enterprises Private Limited
FY 2018 filings availableVelan Enterprises Private Limited reported revenue of ₹3.24 Lakh (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 10% fall in the latest year. EBITDA fell 15% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹3.01 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.01 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 93% | |||
| Net Profit Margin | 93% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Velan Enterprises Private Limited, buy the company report.
Board of directors of Velan Enterprises Private Limited
Velan Enterprises has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Balasubramanian | Director | 27 Nov 1991 | 34 Years 11 Months | As last reported |
| Natesaiyer Balasubramanian Also directs: GH Industries LLP, Natesan Windfarm Private Limited, Sesha Tools Private Limited and 5 more | Director | 27 Nov 1991 | 34 Years 11 Months | As last reported |
Peer comparison
Velan Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ezwarehousing India Private Limited | ₹3.31 Lakh (FY 2024) | Firozabad, Uttar Pradesh, India | ||||
| Kalbhairavnath Alloys Private Limited | ₹3.28 Lakh (FY 2019) | Solapur, Maharashtra, India | ||||
| STL Clean Grid Private Limited | ₹3.26 Lakh (FY 2016) | Mumbai, Maharashtra, India | ||||
| Nonstop Plantation Ltd | ₹3.26 Lakh (FY 2024) | 40.0% | Kolkata, West Bengal, India | |||
| Vikas Profile and Sheets Private Limited | ₹3.24 Lakh (FY 2025) | Aurangabad, Maharashtra, India | ||||
| Velan Enterprises Private Limitedthis company | ₹3.24 Lakh (FY 2018) | ₹3.01 Lakh | 93% | -10.0% | Chennai, Tamil Nadu, India | |
| Bask Iron & Steel Company Private Limited | ₹3.23 Lakh (FY 2025) | 21.0% | Raniganj, West Bengal, India | |||
| Agcoref Technology Private Limited | ₹3.22 Lakh (FY 2020) | 240897.0% | Chennai, Tamil Nadu, India | |||
| A.D.V. Steel Private Limited | ₹3.21 Lakh (FY 2025) | -37.0% | Muzaffarpur, Bihar, India | |||
| Apex Industries Pvt Ltd | ₹3.21 Lakh (FY 2024) | -55.0% | Jalandhar, Punjab, India | |||
| TPSR Impex Private Limited | ₹3.2 Lakh (FY 2025) | 6.0% | Delhi, India |
To see the full peer comparison of Velan Enterprises Private Limited, buy the company report.
Auditor
Velan Enterprises Private Limited is audited by P RAJAGOPALAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P RAJAGOPALAN & CO | FY 2017 | 003408S |
Shareholding
The shareholding of Velan Enterprises Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Velan Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velan Enterprises Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velan Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Velan Enterprises Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Velan Enterprises Private Limited has 2 board changes on record since 1991: 2 appointments. The latest: Hema Balasubramanian was appointed as Director on 27 Nov 1991.
Frequently asked questions
Velan Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Velan Enterprises was a private limited company based in Chennai, Tamil Nadu, India. The company worked in metalworking, within the metal and minerals industry. It was incorporated on 27 November 1991 and is registered under CIN U65991TN1991PTC021755. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Velan Enterprises was incorporated on 27 November 1991. It is registered with the Registrar of Companies, Chennai.
Velan Enterprises had 2 directors:
- Hema Balasubramanian - Director
- Natesaiyer Balasubramanian - Director
The CIN (Corporate Identification Number) of Velan Enterprises is U65991TN1991PTC021755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Velan Enterprises is at No.544 Paulwells Road Sri Puram Colony St Thomas Mount, Chennai, Tamil Nadu, India – 600016.
The latest financial statements of Velan Enterprises on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Velan Enterprises operated in the metal and minerals industry, in the metalworking segment.
The peers of Velan Enterprises by revenue are Ezwarehousing India Private Limited, Kalbhairavnath Alloys Private Limited, STL Clean Grid Private Limited, Nonstop Plantation Ltd, Vikas Profile and Sheets Private Limited and 5 more, all in the same principal business activity (metal and metal products).
Hema Balasubramanian was appointed as Director on 27 Nov 1991. Natesaiyer Balasubramanian was appointed as Director on 27 Nov 1991.
The compliance status of Velan Enterprises is compliant as of 21 August 2026.
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