Vela Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Namakkal Dt, Tamil Nadu, India, established in 2013.
2013 Namakkal Dt, Tamil Nadu, India Active
Last Updated:
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About Vela Steels Private Limited

Vela Steels Private Limited, a active private limited company, was established on 02 July 2013 in Namakkal Dt, Tamil Nadu, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27100TZ2013PTC019646. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹3.02 Cr.

It upholds a compliant status. Its leadership includes Lakshmanan Yuvaraj (Director), Varatharaj Vinoth Kumar (Director), Ramasamy Palaniyappan (Director). Past directors included Varatharaj Vinoth Kumar, Ramasamy Palaniyappan, Varadharaj Mohankumar. It holds no open charges and ₹2.30 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at 526/76/2 Katcheri Street, Velur Road, Tiruchengod, E Tk, Namakkal Dt, Tamil Nadu, 637211.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27100TZ2013PTC019646

  • Registration Number

    019646

  • Incorporation Date

    02 July 2013

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹3.02 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.02 Cr
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth **** -46.28%
  • Profit Growth **** -32513.88%
  • Ebitda **** -1066.01%
  • Net Worth -30.51%
  • Total Assets -0.47%
Company report

Vela Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

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Who are the key members and board of directors at Vela Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Lakshmanan Yuvaraj Director 30 Sep 2015 Current
Varatharaj Vinoth Kumar Director 10 Mar 2014 Current
Ramasamy Palaniyappan Director 10 Mar 2014 Current
Varadharaj Mohankumar Director 10 Mar 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Director 29 Mar 2014 Past
Pramod Abcsdd Director 29 Mar 2014 Past
Pramod Abcsdd Director 29 Mar 2014 Past

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Financial Performance of Vela Steels.

Vela Steels Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 46.28% decrease. The company also saw a substantial fall in profitability, with a 32513.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.51%.

Vela Steels revenue growth over time
Vela Steels 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
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 -46.28%
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Revenue from Operations
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Total Assets
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 -0.47%
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Profit or Loss
*******
 -32513.88%
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Net Worth
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 -30.51%
*******
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*******
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EBITDA
*******
 -1066.01%
*******
*******
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*******

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What is the Ownership and Shareholding Structure of Vela Steels?

In 2020, Vela Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹23,000,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 2.30 Cr
Latest Charge Details
Date Lender Amount Status
03 Nov 2017 Canara Bank ₹2.30 Cr Satisfied

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How Many Employees Work at Vela Steels?

Unlock and access historical data on people associated with Vela Steels, 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 Vela Steels, 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 Vela Steels'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.

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

    The activity Vela Steels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was completed.

  • Balance Sheet

    Vela Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    The activity A charge registered on 03 Nov 2017 via Charge ID 100177093 with Canara Bank was fully satisfied on 29 Jan 2021. was completed.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 2.30 Cr with Charge ID 100177093 was registered on 03 Nov 2017. was completed.

  • Director Appointment

    The activity Lakshmanan Yuvaraj was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 5 months . was completed.

  • Director Appointment

    Varatharaj Vinoth Kumar was appointed as a Director was appointed as a Director on 10 Mar 2014 & has been associated with this company since 11 years 11 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Vela Steels Private Limited?

The CIN of Vela Steels Private Limited is U27100TZ2013PTC019646.

Where is Vela Steels Private Limited headquartered?

Vela Steels Private Limited is headquartered at 526/76/2 Katcheri Street, Velur Road, Tiruchengod, E Tk, Namakkal Dt, Tamil Nadu, 637211.

When was Vela Steels Private Limited incorporated?

Vela Steels Private Limited was incorporated on 02 July 2013.

Who are the current directors of Vela Steels Private Limited?

The current directors of Vela Steels Private Limited are

What is the primary industry of Vela Steels Private Limited?

The primary industry of Vela Steels Private Limited is Manufacturing.

Is Vela Steels Private Limited a listed company?

Vela Steels Private Limited is unlisted.

What is the capital structure of Vela Steels Private Limited?

The authorized capital of Vela Steels Private Limited is ₹6.00 Cr, and the paid-up capital is ₹3.02 Cr.

What is the compliance status of Vela Steels Private Limited?

The compliance status of Vela Steels Private Limited is Compliant.

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