About Vel Castings Private Limited
Data last updated: 22 December 2025
Vel Castings Private Limited is a private limited company based in Ranipet, Tamil Nadu, India, a subsidiary of Ntc Engineering Services Private Limited. It specialises in die casting and metal forming, a part of the broader manufacturing sector. Incorporated on 16 September 2013, the company has been in operation for over 13 years.
Registered with ROC Chennai under CIN U27310TN2013PTC092992.
Capital: an authorised share capital of ₹21.96 Cr and a paid-up capital of ₹21.81 Cr. It is led by directors including Shanthi Madhavan and Essaki Madhavan.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: S – 40 Sipcot Industrial Complex Phase Iii, Ranipet, Tamil Nadu, India – 632405.
As per the financials filed for FY 2025, the company reported a revenue of ₹121.63 Cr, a growth of 10% compared to the previous year.
The company has a workforce of approximately 188 employees as per the latest available data. It operates as a subsidiary of Ntc Engineering Services Private Limited.
As per MCA filings, the company has open charges of ₹129.77 Cr and satisfied charges of ₹33.77 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velcastings.in.
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Registered AddressS – 40 Sipcot Industrial Complex Phase Iii, Ranipet, Tamil Nadu, India – 632405
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IndustryManufacturing, Die Casting & Metal Forming
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Vel Castings Private Limited
Vel Castings Private Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including metal and metal products, retail trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Vel Castings Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Vel Castings Private Limited
Vel Castings Private Limited is audited by Ragavender & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ragavender & Associates | Locked | Locked | Locked |
Complete auditor history for Vel Castings Private Limited
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Board of Directors and KMP of Vel Castings Private Limited
Vel Castings Private Limited currently reports 3 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanthi Madhavan | Managing Director | 20 Mar 2017 | 9 Years 4 Months | Current |
| Essaki Madhavan | Nominee Director | 16 Sep 2013 | 12 Years 10 Months | Current |
| Harsha Madhavan | Whole-Time Director | 16 Sep 2013 | 12 Years 10 Months | Current |
| Radhika Verma | Company Secretary | 04 Mar 2024 | 2 Years 4 Months | Current |
Financials of Vel Castings Private Limited FY 2024 filings available
Vel Castings Private Limited reported revenue of ₹121.63 Cr (up 10.00% YoY) for FY 2025.
Ten-year financial statements for Vel Castings Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Vel Castings Private Limited
Shareholding and ownership data for Vel Castings Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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Charges & Borrowings of Vel Castings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2025 | Others | ₹12.5 Cr | Open |
| 31 Jul 2025 | Others | ₹54.28 Lakh | Open |
| 20 Jun 2025 | Others | ₹45.74 Lakh | Open |
| 28 Apr 2025 | Hdfc Bank Limited | ₹32.3 Cr | Open |
| 13 Jan 2025 | Others | ₹4.9 Cr | Open |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Vel Castings Private Limited
Vel Castings Private Limited has a workforce of 188 employees as of Apr 09, 2024.
Employee and EPFO history for Vel Castings Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Vel Castings Private Limited
GST registrations and filing compliance for Vel Castings Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Vel Castings Private Limited
Credit ratings, litigation, and regulatory alerts for Vel Castings Private Limited
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- Court and tribunal cases
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MSME Payment Delays by Vel Castings Private Limited
MSME payment history for Vel Castings Private Limited
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Subsidiaries & Group Companies of Vel Castings Private Limited
Corporate group structure for Vel Castings Private Limited
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MCA Filings & Documents of Vel Castings Private Limited
MCA filings and documents for Vel Castings Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Vel Castings Private Limited
Frequently Asked Questions about Vel Castings Private Limited
Vel Castings Private Limited is an active private limited company in the manufacturing sector based in Ranipet, Tamil Nadu, India. It was incorporated on 16 September 2013 (13+ years old) and is registered under CIN U27310TN2013PTC092992. The company has 188 employees.
Vel Castings Private Limited reported revenue of ₹121.63 Cr for FY 2025 (up 10.00% YoY).
The current directors and KMP of Vel Castings Private Limited are:
- Shanthi Madhavan - Managing Director
- Essaki Madhavan - Nominee Director
- Harsha Madhavan - Whole-Time Director
- Radhika Verma - Company Secretary
The primary industry of Vel Castings Private Limited is manufacturing. The company specifically operates in die casting and metal forming. The company is currently active in this sector.
Vel Castings Private Limited can be reached at the registered office: S – 40 Sipcot Industrial Complex Phase Iii, Ranipet, Tamil Nadu, India – 632405, or through the website velcastings.in.
The authorised capital is ₹21.96 Cr, and the paid-up capital is ₹21.81 Cr.