MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-32-0005443
Vel Matches Private Limited
Vel Matches Private Limited - fmcg in Sivakasi, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.36 Cr
▲ 20% YoY
Net profit · FY 2024
₹35.08 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹83.48 Lakh
EBITDA margin 4.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.26 Cr
Issued & subscribed
Open charges
₹4.81 Cr
Satisfied ₹4.27 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
18
Provident fund records
About Vel Matches Private Limited
Data last updated:
Vel Matches Private Limited is a private limited company based in Sivakasi, Tamil Nadu, India. It operates in the home care and cleaning products segment of the FMCG sector. It was incorporated on 23 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24291TN2007PTC062495. Its GSTIN is 33AACCV4203D1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors including Ravindran Rajaratnam and Rajiv Mukhilan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 409/8 Thattu Mettu Street, Sivakasi, Tamil Nadu, India – 626189.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.36 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹35.08 Lakh (net margin 1.7%) and EBITDA of ₹83.48 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 17% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.81 Cr and satisfied charges of ₹4.27 Cr on record.
Vel Matches Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-32-0005443). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24291TN2007PTC062495
Registration Number 062495
Incorporation Date 23 February 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-32-0005443
Recognitions & Rankings of Vel Matches
Contact details
Vel Matches Private Limited's registered office is in Sivakasi, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address409/8 Thattu Mettu Street, Sivakasi, Tamil Nadu, India – 626189
- IndustryFMCG, Home Care & Cleaning Products
To see the full contact details of Vel Matches Private Limited, buy the company report.
Comprehensive company report
Vel Matches 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Vel Matches is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Vel Matches Private Limited, buy the company report.
Financials of Vel Matches Private Limited
FY 2025 filings availableVel Matches Private Limited reported revenue of ₹20.36 Cr (up 20% YoY) for FY 2024.
Revenue · FY 2024
₹20.36 Cr ▲ 20%
Net profit · FY 2024
₹35.08 Lakh margin 1.7%
EBITDA · FY 2024
₹83.48 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 45%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 20% growth in the latest year. EBITDA rose 8% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹83.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.08 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Matches Private Limited, buy the company report.
Board of directors of Vel Matches Private Limited
Vel Matches has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindran Rajaratnam Also directs: Vel Arts and Crafts LLP, Yennarkay Printers Private Limited, Standard Paper Containers Private Limited and 5 more | Director | 23 Feb 2007 | 19 Years 8 Months | Current |
| Rajiv Mukhilan Also directs: Standard Chlorates Private Limited, Sunflower Organics Private Limited, Chiranjeevi Rathnam Matches Private Limited and 2 more | Director | 06 Sep 2016 | 10 Years 1 Months | Current |
| Sivagnanakiramani Also directs: Sri Shenbagavinayagar Matches Private Limited, Chiranjeevi Rathnam Matches Private Limited, Vel Stonex Private Limited and 4 more | Director | 01 Nov 2007 | 19 Years 0 Months | Current |
| Sivagami Sundari | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Vel Matches Private Limited is compared with the 3 companies closest to it by revenue in the FMCG industry (Home Care Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Kalpana Perfumery Works Private Limited | ₹20.89 Cr (FY 2025) | -12.0% | Ahmedabad, Gujarat, India | |||
| DLG Technocrat Private Limited | ₹20.86 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Vel Matches Private Limitedthis company | ₹20.36 Cr (FY 2024) | ₹35.08 Lakh | 1.7% | 20.0% | 18 | Sivakasi, Tamil Nadu, India |
| Netway Home Products (India) Private Limited | ₹18.9 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vel Matches Private Limited, buy the company report.
Shareholding
The shareholding of Vel Matches Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vel Matches Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.81 Cr
Satisfied charges
₹4.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2024 | 100956556 | Hdfc Bank Limited | ₹1.85 Cr | Open | |
| 26 Jun 2018 | 100198308 | State Bank of India | ₹2.97 Cr | Open | |
| 25 Aug 2007 | 10070337 | State Bank of India | ₹4.27 Cr | Satisfied |
To see the full charge records of Vel Matches Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Vel Matches 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 Matches Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vel Matches Private Limited has a workforce of 18 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-5.26%
GST
Vel Matches has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV4203D1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vel Matches Private Limited, buy the company report.
Recent activity
Vel Matches Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Sivagnanakiramani ceased to be Additional Director on 29 Sep 2024.
AGM
Vel Matches Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vel Matches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Sivagnanakiramani ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100956556 was registered on 18 May 2024.
Charges
A charge with State Bank Of India of Rs. 2.97 Cr registered on 26 Jun 2018 with Charge ID 100198308 was modified on 04 Apr 2020.
Charges
A charge with State Bank Of India amounted to Rs. 2.97 Cr with Charge ID 100198308 was registered on 26 Jun 2018.
Appointed
Sivagami Sundari was appointed as Director.
Appointed
Rajiv Mukhilan was appointed as Director.
Charges
A charge registered on 25 Aug 2007 via Charge ID 10070337 with State Bank Of India was fully satisfied on 10 Jun 2016.
Ceased
Ravindran Yennarkay Selvarathnam ceased to be Director.
Ceased
Yennarkay Ravindran Selvarathnam ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 4.27 Cr registered on 25 Aug 2007 with Charge ID 10070337 was modified on 27 May 2008.
5 earlier events are in the company report.
Frequently asked questions
Vel Matches is an active private limited company based in Sivakasi, Tamil Nadu, India. The company works in home care and cleaning products, within the FMCG industry. It was incorporated on 23 February 2007 (19+ years old) and is registered under CIN U24291TN2007PTC062495.
Vel Matches has 4 current directors:
- Ravindran Rajaratnam - Director
- Rajiv Mukhilan - Director
- Sivagnanakiramani - Director
- Sivagami Sundari - Director
The latest financial statements of Vel Matches on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vel Matches is 33AACCV4203D1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vel Matches is U24291TN2007PTC062495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vel Matches was incorporated on 23 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vel Matches by revenue are Shree Kalpana Perfumery Works Private Limited, DLG Technocrat Private Limited, Netway Home Products (India) Private Limited, all in the FMCG industry (Home Care Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Sivagnanakiramani ceased to be Additional Director on 29 Sep 2024. Sivagami Sundari was appointed as Director on 02 Apr 2018. Rajiv Mukhilan was appointed as Director on 06 Sep 2016. Vel Matches has 8 board changes on record in total.
Yes, Vel Matches is registered as a small enterprise under Udyam registration (number: UDYAM-TN-32-0005443).
The registered office of Vel Matches is at 4098 Thattu Mettu Street, Sivakasi, Tamil Nadu, India – 626189.
Vel Matches operates in the FMCG industry, in the home care and cleaning products segment.
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