Vel Castings Private Limited, a active private limited company, was established on 16 September 2013 in Ranipet, Tamil Nadu, India. Engaging in die casting & metal forming within the manufacturing sector, it holds CIN: U27310TN2013PTC092992. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹21.96 Cr and a paid-up capital of ₹21.81 Cr.
It upholds a compliant status. Employing 188 professional, Its leadership includes Shanthi Madhavan (Managing Director), Harsha Madhavan (Whole-Time Director), Essaki Madhavan (Nominee Director). Past directors included Shanthi Madhavan, Narayanan Sornalatha, Harsha Madhavan. It holds ₹129.77 Cr open charges and ₹33.77 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S-40, Sipcot Industrial Complex, Phase Iii, Ranipet, Tamil Nadu, 632405.
U27310TN2013PTC092992
092992
16 September 2013
₹21.96 Cr
₹21.81 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shanthi Madhavan | Managing Director | 20 Mar 2017 | Current |
| Harsha Madhavan | Whole-Time Director | 16 Sep 2013 | Current |
| Essaki Madhavan | Nominee Director | 16 Sep 2013 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Nominee Director | 20 Mar 2017 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Nominee Director | 01 Apr 2022 | Past |
| Pramod Abcsdd | Director | 16 Sep 2013 | Past |
| Pramod Abcsdd | Director | 11 May 2017 | Past |
| Pramod Abcsdd | Nominee Director | 15 Jan 2015 | Past |
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Vel Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.65% increase. The company also saw a substantial fall in profitability, with a 279.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.73%.
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In 2023, Vel Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,297,747,060.00
₹337,731,765.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2025 | Others | ₹12.50 Cr | Open |
| 31 Jul 2025 | Others | ₹5.43 M | Open |
| 20 Jun 2025 | Others | ₹4.57 M | Open |
| 28 Apr 2025 | Hdfc Bank Limited | ₹32.30 Cr | Open |
| 13 Jan 2025 | Others | ₹4.90 Cr | Open |
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Vel Castings has a workforce of 188 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Vel Castings, 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 Vel Castings's trajectory.
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The activity A charge with Others amounted to Rs. 12.50 Cr with Charge ID 101174430 was registered on 04 Sep 2025. was completed.
Progress on A charge with Others amounted to Rs. 0.54 Cr with Charge ID 101161547 was registered on 31 Jul 2025. was documented.
A charge with Others amounted to Rs. 0.46 Cr with Charge ID 101120923 was registered on 20 Jun 2025. was recorded as a recent event.
The activity A charge with Hdfc Bank Limited amounted to Rs. 32.30 Cr with Charge ID 101094442 was registered on 28 Apr 2025. was completed.
The activity A charge with Others amounted to Rs. 4.90 Cr with Charge ID 101046148 was registered on 13 Jan 2025. was completed.
Vel Castings 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.
The CIN of Vel Castings Private Limited is U27310TN2013PTC092992.
Vel Castings Private Limited is headquartered at S-40, Sipcot Industrial Complex, Phase Iii, Ranipet, Tamil Nadu, 632405.
Vel Castings Private Limited was incorporated on 16 September 2013.
The current directors of Vel Castings Private Limited are
The primary industry of Vel Castings Private Limited is Manufacturing.
Vel Castings Private Limited is unlisted.
The authorized capital of Vel Castings Private Limited is ₹21.96 Cr, and the paid-up capital is ₹21.81 Cr.
The compliance status of Vel Castings Private Limited is Compliant.
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