MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0018923
Vel Ganesh Foundations Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60 Lakh
▲ 0.46% YoY
Net profit · FY 2025
₹43.36 Lakh
Net margin 72.3%
EBITDA · FY 2025
₹57.93 Lakh
EBITDA margin 96.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.92 Cr
Issued & subscribed
Open charges
₹17.95 Cr
Satisfied ₹9.12 Cr
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings
About Vel Ganesh Foundations Private Limited
Data last updated:
Vel Ganesh Foundations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2006PTC061652.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.92 Cr. It is led by directors including Saravanavelu Thangavelu and Gowthamchandar Ramachandran.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.521/2 Anna Saslai Nandanam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2025, the company reported a revenue of ₹60 Lakh. For the same year it recorded a net profit of ₹43.36 Lakh (net margin 72.3%) and EBITDA of ₹57.93 Lakh (EBITDA margin 96.5%).
As per MCA filings, the company has open charges of ₹17.95 Cr and satisfied charges of ₹9.12 Cr on record.
Vel Ganesh Foundations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0018923). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drisharikganesh.com.
Company details
CIN U45200TN2006PTC061652
Registration Number 061652
Incorporation Date 05 December 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0018923
Key People
Saravanavelu Thangavelu Director Gowthamchandar Ramachandran Director Ishari Ganesh Kadhirvelan Director Recognitions & Rankings of Vel Ganesh Foundations
Contact details
Vel Ganesh Foundations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is drisharikganesh.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.521/2 Anna Saslai Nandanam, Chennai, Tamil Nadu, India – 600035
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Vel Ganesh Foundations Private Limited, buy the company report.
Comprehensive company report
Vel Ganesh Foundations Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vel Ganesh Foundations is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Vel Ganesh Foundations Private Limited, buy the company report.
Financials of Vel Ganesh Foundations Private Limited
FY 2025 filings availableVel Ganesh Foundations Private Limited reported revenue of ₹60 Lakh for FY 2025.
Revenue · FY 2025
₹60 Lakh
Net profit · FY 2025
₹43.36 Lakh margin 72.3%
EBITDA · FY 2025
₹57.93 Lakh margin 96.5%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.36 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.5% | ||||
| Net Profit Margin | 72.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vel Ganesh Foundations Private Limited, buy the company report.
Board of directors of Vel Ganesh Foundations Private Limited
Vel Ganesh Foundations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravanavelu Thangavelu Also directs: Vlmaks Homes Private Limited, One Step Realty Private Limited | Director | 05 Dec 2006 | 19 Years 10 Months | Current |
| Gowthamchandar Ramachandran Also directs: Mrida E-Com LLP, Wooh Share Trading Private Limited, Ellwin Stock Advisory Private Limited and 2 more | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Ishari Ganesh Kadhirvelan | Director | 05 Dec 2006 | 19 Years 10 Months | Current |
Peer comparison
Vel Ganesh Foundations Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhavik Flour Mills Pvt Ltd | ₹60.01 Lakh (FY 2024) | -13.0% | Nagpur, Maharashtra, India | |||
| Vel Ganesh Foundations Private Limitedthis company | ₹60 Lakh (FY 2025) | ₹43.36 Lakh | 72.3% | Chennai, Tamil Nadu, India | ||
| Sangam Cultivators Private Limited. | ₹60 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Nav Sanchya Industries Private Limited | ₹60 Lakh (FY 2025) | 40.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vel Ganesh Foundations Private Limited, buy the company report.
Auditor
Vel Ganesh Foundations Private Limited is audited by Sundararajan Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sundararajan Associates LLP | FY 2021 | 004997S/S200051 |
Shareholding
The shareholding of Vel Ganesh Foundations Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vel Ganesh Foundations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.95 Cr
Satisfied charges
₹9.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2020 | 100397431 | Others | ₹2.5 Cr | Open | |
| 01 Oct 2020 | 100387564 | Others | ₹15.45 Cr | Open | |
| 28 Feb 2009 | 10147021 | Bank of Baroda | ₹9.12 Cr | Satisfied |
To see the full charge records of Vel Ganesh Foundations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Vel Ganesh Foundations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vel Ganesh Foundations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vel Ganesh Foundations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vel Ganesh Foundations Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Gowthamchandar Ramachandran was appointed as Director on 01 Sep 2022.
AGM
Vel Ganesh Foundations Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Vel Ganesh Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Gowthamchandar Ramachandran was appointed as Director.
Ceased
Chinnasamy Ramachandran ceased to be Director Appointed In Casual Vacancy.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100397431 was registered on 31 Oct 2020.
Charges
A charge with Others amounted to Rs. 15.45 Cr with Charge ID 100387564 was registered on 01 Oct 2020.
Charges
A charge registered on 28 Feb 2009 via Charge ID 10147021 with Bank Of Baroda was fully satisfied on 12 Jul 2017.
Charges
A charge with Bank Of Baroda of Rs. 9.12 Cr registered on 28 Feb 2009 with Charge ID 10147021 was modified on 10 Dec 2012.
Ceased
Damodaran Chinnaswamy ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 9.12 Cr with Charge ID 10147021 was registered on 28 Feb 2009.
Appointed
Ishari Ganesh Kadhirvelan was appointed as Director.
Appointed
Saravanavelu Thangavelu was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Vel Ganesh Foundations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 December 2006 (20+ years old) and is registered under CIN U45200TN2006PTC061652.
Vel Ganesh Foundations has 3 current directors:
- Saravanavelu Thangavelu - Director
- Gowthamchandar Ramachandran - Director
- Ishari Ganesh Kadhirvelan - Director
The latest financial statements of Vel Ganesh Foundations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vel Ganesh Foundations is U45200TN2006PTC061652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vel Ganesh Foundations was incorporated on 05 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vel Ganesh Foundations by revenue are Bhavik Flour Mills Pvt Ltd, Sangam Cultivators Private Limited, Nav Sanchya Industries Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Gowthamchandar Ramachandran was appointed as Director on 01 Sep 2022. Chinnasamy Ramachandran ceased to be Director Appointed In Casual Vacancy on 21 Apr 2021. Damodaran Chinnaswamy ceased to be Director on 04 Dec 2010. Vel Ganesh Foundations has 5 board changes on record in total.
Yes, Vel Ganesh Foundations is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0018923).
Vel Ganesh Foundations can be reached through the website drisharikganesh.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Vel Ganesh Foundations is at No.5212 Anna Saslai Nandanam, Chennai, Tamil Nadu, India – 600035.
Vel Ganesh Foundations operates in the financial services industry, in the real estate financing segment.