Veer Araham Business Credits Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 1991.
1991 Chennai, Tamil Nadu, India Active
Last Updated:
Access Report
About Veer Araham Business Credits Private Limited

Veer Araham Business Credits Private Limited, a active private limited company, was established on 11 February 1991 in Chennai, Tamil Nadu, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65921TN1991PTC020284. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.98 Cr.

Formerly known as Vriddhi Business Credit Limited, Vriddhi Araham Business Credits Limited. It upholds a compliant status. Its leadership includes Hulashchand Chordia (Whole-Time Director), Kavitha Chordia (Whole-Time Director), Pankaj Chordia (Whole-Time Director). Past directors included Jawarilal Jayantilal Goutham, Manju Mehta, Abhay Kumar Mehta. It holds ₹1.83 Cr open charges and ₹2.69 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 869, Pa Towers, First Floor Poonamallee High Road, Kilpauk, Chennai, Tamil Nadu, 600010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65921TN1991PTC020284

  • Registration Number

    020284

  • Incorporation Date

    11 February 1991

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.98 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.98 Cr
  • Company Age 35 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.83 Cr
  • Satisfied Charges ₹ 2.69 M
  • Revenue Growth **** 3.44%
  • Profit Growth **** 78.76%
  • Ebitda **** 11.41%
  • Net Worth 6.51%
  • Total Assets **** 16.18%
Company report

Veer Araham Business Credits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veer Araham Business Credits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Veer Araham Business Credits Private Limited?
Current Directors
Name Designation Appointment Date Status
Hulashchand Chordia Whole-Time Director 16 Jun 2017 Current
Kavitha Chordia Whole-Time Director 11 Aug 2017 Current
Pankaj Chordia Whole-Time Director 16 Jun 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Aug 2017 Past
Pramod Abcsdd Director 23 Feb 2010 Past
Pramod Abcsdd Director 23 Feb 2010 Past
Pramod Abcsdd Director 23 Feb 2010 Past
Pramod Abcsdd Director 01 Dec 2021 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Veer Araham Business Credits.

Veer Araham Business Credits Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.44% increase. The company also saw a substantial improvement in profitability, with a 78.76% increase in profit. The company's net worth moved up by a moderate rise of 6.51%.

Veer Araham Business Credits revenue growth over time
Veer Araham Business Credits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 3.44%
*******
*******
*******
*******
Revenue from Operations
*******
 5.82%
*******
*******
*******
*******
Total Assets
*******
 16.18%
*******
*******
*******
*******
Profit or Loss
*******
 78.76%
*******
*******
*******
*******
Net Worth
*******
 6.51%
*******
*******
*******
*******
EBITDA
*******
 11.41%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Veer Araham Business Credits?

Unlock access to Veer Araham Business Credits's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹18,250,000.00

Satisfied Charges

₹2,691,918.00

Charges Breakdown by Lending Institutions
  • Others : 1.69 Cr
  • Indian Overseas Bank : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2025 Others ₹1.85 M Open
12 Mar 2021 Others ₹1.50 Cr Open
09 Sep 1997 Indian Overseas Bank ₹1.40 M Open
04 Sep 2013 Sundaram Finance Limited ₹2.69 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Veer Araham Business Credits?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veer Araham Business Credits, 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 Veer Araham Business Credits'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Veer Araham Business Credits
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101188778 was registered on 30 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    Veer Araham Business Credits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Veer Araham Business Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100425061 was registered on 12 Mar 2021. was documented.

  • Director Appointment

    The activity Kavitha Chordia was appointed as a Whole-time director was appointed as a Whole-time director on 11 Aug 2017 & has been associated with this company since 8 years 6 months . was completed.

  • Charges

    The activity A charge registered on 04 Sep 2013 via Charge ID 10451016 with Sundaram Finance Limited was fully satisfied on 10 Jul 2017. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Veer Araham Business Credits Private Limited?

The CIN of Veer Araham Business Credits Private Limited is U65921TN1991PTC020284.

Where is Veer Araham Business Credits Private Limited headquartered?

Veer Araham Business Credits Private Limited is headquartered at No. 869, Pa Towers, First Floor Poonamallee High Road, Kilpauk, Chennai, Tamil Nadu, 600010.

When was Veer Araham Business Credits Private Limited incorporated?

Veer Araham Business Credits Private Limited was incorporated on 11 February 1991.

Who are the current directors of Veer Araham Business Credits Private Limited?

The current directors of Veer Araham Business Credits Private Limited are

What is the primary industry of Veer Araham Business Credits Private Limited?

The primary industry of Veer Araham Business Credits Private Limited is Financial And Insurance Service.

Is Veer Araham Business Credits Private Limited a listed company?

Veer Araham Business Credits Private Limited is unlisted.

What is the capital structure of Veer Araham Business Credits Private Limited?

The authorized capital of Veer Araham Business Credits Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.98 Cr.

What is the compliance status of Veer Araham Business Credits Private Limited?

The compliance status of Veer Araham Business Credits Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available