Vel Stonex Private Limited - Company Profile

It is a consumer goods private limited company based in Sivakasi, Tamil Nadu, India, established in 2006.
2006 Sivakasi, Tamil Nadu, India Active
Last Updated:
Access Report
About Vel Stonex Private Limited

Vel Stonex Private Limited, a active private limited company, was established on 06 April 2006 in Sivakasi, Tamil Nadu, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: U14102TN2006PTC059454. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹7.00 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Rajarathnam Padma (Director), Sivagnanakiramani (Additional Director). Past directors included Kalirajan, Ravindran Rajaratnam, Kathirvel Ganesan. It holds no open charges and ₹3.40 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 409/8, Thattu Mettu Street, Sivakasi, Tamil Nadu, 626189.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U14102TN2006PTC059454

  • Registration Number

    059454

  • Incorporation Date

    06 April 2006

  • Authorized Capital

    ₹7.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 3.40 Cr
  • Revenue Growth **** -100.00%
  • Profit Growth **** 97.16%
  • Ebitda **** 97.26%
  • Net Worth -5.51%
  • Total Assets -42.74%
Company report

Vel Stonex Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Vel Stonex Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Vel Stonex Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajarathnam Padma Director 14 Sep 2006 Current
Sivagnanakiramani Additional Director 07 Apr 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Apr 2022 Past
Pramod Abcsdd Director 10 Nov 2014 Past
Pramod Abcsdd Additional Director 29 Jan 2016 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Vel Stonex.

Vel Stonex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 97.16% increase in profit. The company's net worth dipped by a decrease of 5.51%.

Vel Stonex revenue growth over time
Vel Stonex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -100.00%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -42.74%
*******
*******
*******
*******
Profit or Loss
*******
 97.16%
*******
*******
*******
*******
Net Worth
*******
 -5.51%
*******
*******
*******
*******
EBITDA
*******
 97.26%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Vel Stonex?

Unlock access to Vel Stonex's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹33,997,000.00

Charges Breakdown by Lending Institutions
  • L & T Finance Limited : 2.50 Cr
  • State Bank Of India : 0.90 Cr
Latest Charge Details
Date Lender Amount Status
29 Dec 2008 L & T Finance Limited ₹6.06 M Satisfied
11 Aug 2008 L & T Finance Limited ₹5.80 M Satisfied
16 Jul 2008 L & T Finance Limited ₹0.64 M Satisfied
16 Jul 2008 L & T Finance Limited ₹0.64 M Satisfied
19 Apr 2007 State Bank Of India ₹9.00 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Vel Stonex?

Unlock and access historical data on people associated with Vel Stonex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vel Stonex, 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 Stonex's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Vel Stonex
Recent Activity within the Organization
  • Annual General Meeting

    Vel Stonex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Vel Stonex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.

  • Director Appointment

    Sivagnanakiramani was appointed as a Additional Director was appointed as a Additional Director on 07 Apr 2022 & has been associated with this company since 3 years 10 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 15 Mar 2007 via Charge ID 10047590 with L & T Finance Limited was fully satisfied on 29 Sep 2016. was completed.

  • Charges

    A charge registered on 29 Dec 2008 via Charge ID 10139397 with L & T Finance Limited was fully satisfied on 12 Aug 2016. was recorded as a recent event.

  • Charges

    A charge registered on 11 Aug 2008 via Charge ID 10123733 with L & T Finance Limited was fully satisfied on 12 Aug 2016. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Vel Stonex Private Limited?

The CIN of Vel Stonex Private Limited is U14102TN2006PTC059454.

Where is Vel Stonex Private Limited headquartered?

Vel Stonex Private Limited is headquartered at 409/8, Thattu Mettu Street, Sivakasi, Tamil Nadu, 626189.

When was Vel Stonex Private Limited incorporated?

Vel Stonex Private Limited was incorporated on 06 April 2006.

Who are the current directors of Vel Stonex Private Limited?

The current directors of Vel Stonex Private Limited are

What is the primary industry of Vel Stonex Private Limited?

The primary industry of Vel Stonex Private Limited is Manufacturing.

Is Vel Stonex Private Limited a listed company?

Vel Stonex Private Limited is unlisted.

What is the capital structure of Vel Stonex Private Limited?

The authorized capital of Vel Stonex Private Limited is ₹7.00 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Vel Stonex Private Limited?

The compliance status of Vel Stonex Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available