- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0120914

About Shree Velu Builders Private Limited
Data last updated:
Shree Velu Builders Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN1994PTC028985. Its GSTIN is 33AAACS6653C1ZO (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.41 Cr. It is led by directors Nagarkoil Velan Krishnapillai Velan (Managing Director) and Velan Bagavathy.
Its last annual general meeting (AGM) was held on 29 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Block – 2 Alaka Palazzo 4/219 Poonammallee High Road Kattuppakkam, Chennai, Tamil Nadu, India – 600056.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.2 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹18.78 Lakh (net margin 1.5%) and EBITDA of ₹3.37 Cr (EBITDA margin 27.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 30% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.66 Cr and satisfied charges of ₹48.39 Cr on record. Court records list 54 cases involving the company, including 39 filed by the company and 16 filed against it; 1 case is pending.
Shree Velu Builders Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0120914). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreevelubuilders.com.
Company details
Recognitions & Rankings of Shree Velu Builders
Contact details
Shree Velu Builders Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shreevelubuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – 2 Alaka Palazzo 4/219 Poonammallee High Road Kattuppakkam, Chennai, Tamil Nadu, India – 600056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shree Velu Builders 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 Shree Velu Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shree Velu Builders Private Limited, buy the company report.
Financials of Shree Velu Builders Private Limited
FY 2023 filings availableShree Velu Builders Private Limited reported revenue of ₹12.2 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA rose 16% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.2 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.78 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.6% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shree Velu Builders Private Limited, buy the company report.
Board of directors of Shree Velu Builders Private Limited
Shree Velu Builders 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 |
|---|---|---|---|---|
| Nagarkoil Velan Krishnapillai Velan Also directs: Shreevelu Promoters LLP | Managing Director | 20 Oct 1994 | 32 Years 0 Months | Current |
| Velan Bagavathy | Director | 20 Oct 1994 | 32 Years 0 Months | Current |
Peer comparison
Shree Velu Builders Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brownstone Foundations Private Limited | ₹12.23 Cr (FY 2017) | 6.0% | Chennai, Tamil Nadu, India | |||
| Opera Housing Private Limited | ₹12.22 Cr (FY 2025) | 225.0% | Chennai, Tamil Nadu, India | |||
| Shree Velu Builders Private Limitedthis company | ₹12.2 Cr (FY 2023) | ₹18.78 Lakh | 1.5% | -3.0% | 9 | Chennai, Tamil Nadu, India |
| Mohankumar Constructions Private Limited | ₹12.2 Cr (FY 2023) | 125.0% | Chennai, Tamil Nadu, India | |||
| Prime Perfect Buildcon Private Limited | ₹12.19 Cr (FY 2025) | -24.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Shree Velu Builders Private Limited, buy the company report.
Auditor
Shree Velu Builders Private Limited is audited by P. CHANDRASEKAR ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. CHANDRASEKAR ASSOCIATES | FY 2023 | 000581S |
Shareholding
The shareholding of Shree Velu Builders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Velu Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2021 | 100442548 | Hdfc Bank Limited | ₹7.44 Lakh | Open | |
| 12 Nov 2020 | 100392218 | Hdfc Bank Limited | ₹18.87 Lakh | Open | |
| 21 Oct 2017 | 100145771 | Others | ₹50 Cr | Open | |
| 10 Jun 2016 | 100033070 | Others | ₹1.4 Cr | Open | |
| 29 Jun 2016 | 100042795 | Axis Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Shree Velu Builders Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Shree Velu Builders Private Limited has 54 court cases on record: 39 filed by Shree Velu Builders, 16 filed against it. 1 case is pending and 53 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 6 | 1 |
| High courts | 10 | 7 | 0 |
| NCLAT | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed against the company by Shree Velu Builders Private Limited and 1 other | Disposed |
| NCLAT, Court I | Tribunal matter | Filed by the company against Shree Velu Builders Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S. Axis Bank Ltd., Rep. by Its Ao Mr. Nanda Gopal | Disposed |
| District court, Chennai, Tamil Nadu | Appeal | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Shree Velu Builders Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Shree Velu Builders Private Limited was last rated by Care on 01 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Apr 2021 |
To see the full credit ratings and regulatory alerts of Shree Velu Builders Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shree Velu Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shree Velu Builders Private Limited has a workforce of 9 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Shree Velu Builders has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACS6653C1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Velu Builders Private Limited, buy the company report.
Recent activity
Shree Velu Builders Private Limited has 16 board changes on record since 1994: 9 appointments and 7 cessations. The latest: Velan Ajayprawin ceased to be Director on 01 Jul 2025.
24 earlier events are in the company report.
Frequently asked questions
Shree Velu Builders is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 October 1994 (32+ years old) and is registered under CIN U45201TN1994PTC028985.
Shree Velu Builders has 2 current directors:
- Nagarkoil Velan Krishnapillai Velan - Managing Director
- Velan Bagavathy - Director
The latest financial statements of Shree Velu Builders on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Velu Builders is 33AAACS6653C1ZO, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shree Velu Builders is U45201TN1994PTC028985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Velu Builders has 54 court cases on record: 39 filed by the company and 16 filed against it. 1 is pending. Most are in the district courts.
Shree Velu Builders was incorporated on 20 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shree Velu Builders by revenue are Brownstone Foundations Private Limited, Opera Housing Private Limited, Mohankumar Constructions Private Limited, Prime Perfect Buildcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Velan Ajayprawin ceased to be Director on 01 Jul 2025. Kamalesh Babu Ananthu Navaneethan ceased to be Director on 20 Oct 2023. Sathyamurthy Madhan ceased to be Director on 20 Oct 2023. Shree Velu Builders has 16 board changes on record in total.
Yes, Shree Velu Builders is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0120914).
Shree Velu Builders can be reached through the website shreevelubuilders.com. Its registered office is in Chennai, Tamil Nadu, India.

