Velvi Fabrics Private Limited
About Velvi Fabrics Private Limited
Data last updated:
Velvi Fabrics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 25 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17220GJ2016PTC086222.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parth Ashokbhai Patel and Mayur Dholiya Babubhai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6/A Arjun Park Ind – 2 Sayan Village Sayan Taluka Olpad, Surat, Gujarat, India – 394130.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Lakh. For the same year it recorded a net loss of ₹454 (net margin -0.3%) and EBITDA of -₹454 (EBITDA margin -0.3%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Velvi Fabrics Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address6/A Arjun Park Ind – 2 Sayan Village Sayan Taluka Olpad, Surat, Gujarat, India – 394130
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Velvi Fabrics 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 Velvi Fabrics is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Velvi Fabrics Private Limited, buy the company report.
Financials of Velvi Fabrics Private Limited
FY 2025 filings availableVelvi Fabrics Private Limited reported revenue of ₹1.44 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹454 | ||||
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| Net Profit (PAT) | -₹454 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Velvi Fabrics Private Limited, buy the company report.
Board of directors of Velvi Fabrics Private Limited
Velvi Fabrics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Ashokbhai Patel | Director | 07 Nov 2016 | 10 Years 0 Months | Current |
| Mayur Dholiya Babubhai Also directs: Madhav Filament Private Limited | Director | 05 Mar 2025 | 1 Years 8 Months | Current |
Peer comparison
Velvi Fabrics Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Velvi Fabrics Private Limitedthis company | ₹1.44 Lakh (FY 2024) | -₹454 | -0.3% | Surat, Gujarat, India | ||
| Saba Engineering Private Limited | ₹1.44 Lakh (FY 2025) | Chamiers Road, Mmadras, Tamil Nadu, India | ||||
| Paramount Vinimay Private Limited | ₹1.44 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Capricon Commercial Pvt Ltd | ₹1.44 Lakh (FY 2020) | -69.0% | Kolkata, West Bengal, India | |||
| Ess Ess Infracon Private Limited | ₹1.44 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Nirupam Holdings Private Limited | ₹1.42 Lakh (FY 2025) | 72.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Velvi Fabrics Private Limited, buy the company report.
Shareholding
The shareholding of Velvi Fabrics 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 Velvi Fabrics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Velvi Fabrics 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 Velvi Fabrics 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 Velvi Fabrics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Velvi Fabrics Private Limited has 11 board changes on record since 2016: 4 appointments and 7 cessations. The latest: Bhavesh Lakhabhai Dholiya ceased to be Director on 07 Mar 2025.
2 earlier events are in the company report.
Frequently asked questions
Velvi Fabrics is an active private limited company based in Surat, Gujarat, India. The company works in real estate financing, within the financial services industry. It was incorporated on 25 February 2016 (10+ years old) and is registered under CIN U17220GJ2016PTC086222.
Velvi Fabrics has 2 current directors:
- Parth Ashokbhai Patel - Director
- Mayur Dholiya Babubhai - Director
The latest financial statements of Velvi Fabrics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Velvi Fabrics is U17220GJ2016PTC086222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velvi Fabrics was incorporated on 25 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Velvi Fabrics by revenue are Saba Engineering Private Limited, Paramount Vinimay Private Limited, Capricon Commercial Pvt Ltd, Ess Ess Infracon Private Limited, Nirupam Holdings Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Bhavesh Lakhabhai Dholiya ceased to be Director on 07 Mar 2025. Prashant Natvarlal Sutaria ceased to be Director on 07 Mar 2025. Shantilal Keshavlal Sutariya ceased to be Director on 07 Mar 2025. Velvi Fabrics has 11 board changes on record in total.
The registered office of Velvi Fabrics is at 6A Arjun Park Ind – 2 Sayan Village Sayan Taluka Olpad, Surat, Gujarat, India – 394130.
Velvi Fabrics operates in the financial services industry, in the real estate financing segment.
The compliance status of Velvi Fabrics is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Velvi Fabrics can be reached at its registered office: 6A Arjun Park Ind – 2 Sayan Village Sayan Taluka Olpad, Surat, Gujarat, India – 394130.
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