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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:

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 ₹1.64 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

  • 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 Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.98 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.64 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

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.

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Who are the key members and board of directors at Veer Araham Business Credits Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Hulashchand ChordiaWhole-Time Director16 Jun 2017Current
Kavitha ChordiaWhole-Time Director11 Aug 2017Current
Pankaj ChordiaWhole-Time Director16 Jun 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Aug 2017Past
Pramod AbcsddDirector23 Feb 2010Past
Pramod AbcsddDirector23 Feb 2010Past
Pramod AbcsddDirector23 Feb 2010Past
Pramod AbcsddDirector01 Dec 2021Past
Pramod AbcsddAdditional Director29 Sep 2018Past

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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
  • 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%

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

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Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹16,400,000.00

Satisfied Charges

₹2,691,918.00

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr
  • Indian Overseas Bank : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2021Others₹1.50 CrOpen
09 Sep 1997Indian Overseas Bank₹1.40 MOpen
04 Sep 2013Sundaram Finance Limited₹2.69 MSatisfied

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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 growth trends for Veer Araham Business Credits Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

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Latest Updates, News, and FAQs on Veer Araham Business Credits

Recent Activity within the Organization

  • 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

    The activity Veer Araham Business Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100425061 was registered on 12 Mar 2021. was recorded as a recent event.

  • Director Appointment

    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 3 months . was recorded as a recent event.

  • 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.

  • Director Appointment

    Hulashchand Chordia was appointed as a Whole-time director was appointed as a Whole-time director on 16 Jun 2017 & has been associated with this company since 8 years 5 months . was recorded as a recent event.

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.

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