- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-27-0059971

Velan Builders Private Limited
About Velan Builders Private Limited
Data last updated:
Velan Builders Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 19 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN2008PTC066524. Its GSTIN is 33AACCV7632E1ZI (Tamil Nadu).
The company has an authorised share capital of ₹99 Lakh and a paid-up capital of ₹99 Lakh. It is led by directors Velan Panan Gondar Kannaiyan (Managing Director) and Pushpalatha Kannaiyan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.3 Periyar Thottam Ponneripuram Main Road Ponmalaipatti, Tiruchirappalli, Tamil Nadu, India – 620004.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.54 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹30.74 Lakh (net margin 3.6%) and EBITDA of ₹2.52 Cr (EBITDA margin 29.5%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 9% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.19 Cr and satisfied charges of ₹44.27 Lakh on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending.
Velan Builders Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-27-0059971). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Velan Builders
Contact details
Velan Builders Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.3 Periyar Thottam Ponneripuram Main Road Ponmalaipatti, Tiruchirappalli, Tamil Nadu, India – 620004
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Velan Builders Private Limited, buy the company report.
- 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
Business activity
The main business activity of Velan Builders is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Velan Builders Private Limited, buy the company report.
Financials of Velan Builders Private Limited
FY 2024 filings availableVelan Builders Private Limited reported revenue of ₹8.54 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 45% fall in the latest year. EBITDA fell 31% 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 |
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| EBITDA | ₹2.52 Cr | ||||
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| Net Profit (PAT) | ₹30.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 29.5% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Velan Builders Private Limited, buy the company report.
Board of directors of Velan Builders Private Limited
Velan Builders has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpalatha Kannaiyan Also directs: Velan Speciality Hospitals Private Limited | Director | 19 Feb 2008 | 18 Years 8 Months | Current |
| Velan Panan Gondar Kannaiyan Also directs: Velan Speciality Hospitals Private Limited | Managing Director | 19 Feb 2008 | 18 Years 8 Months | Current |
Peer comparison
Velan Builders Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.P. Engicon Private Limited | ₹8.64 Cr (FY 2024) | -20.0% | Samastipur, Bihar, India | |||
| Asiad Infraprojects Limited | ₹8.64 Cr (FY 2021) | -61.0% | Powai, Mumbai, Maharashtra, India | |||
| Shenwa Infrastructure Private Limited | ₹8.56 Cr (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| Siya Infraprojects Private Limited | ₹8.55 Cr (FY 2024) | 270.0% | Pune, Maharashtra, India | |||
| Velan Builders Private Limitedthis company | ₹8.54 Cr (FY 2024) | ₹30.74 Lakh | 3.6% | -45.0% | 23 | Tiruchirappalli, Tamil Nadu, India |
| Shay Construction Private Limited | ₹8.48 Cr (FY 2024) | 46.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Velan Builders Private Limited, buy the company report.
Shareholding
The shareholding of Velan Builders 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 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velan Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101130990 | Indian Overseas Bank | ₹1.4 Cr | Open | |
| 29 Sep 2008 | 10131079 | Indian Overseas Bank | ₹14.79 Cr | Open | |
| 17 Feb 2015 | 10576426 | Sundaram Finance Limited | ₹44.27 Lakh | Satisfied |
To see the full charge records of Velan Builders Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Velan Builders Private Limited has 7 court cases on record: 5 filed by Velan Builders, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
To see the full case history of Velan Builders Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Velan Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velan Builders Private Limited has a workforce of 23 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Velan Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCV7632E1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velan Builders Private Limited, buy the company report.
Recent activity
Velan Builders Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Pushpalatha Kannaiyan was appointed as Director on 19 Feb 2008.
Frequently asked questions
Velan Builders is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 19 February 2008 (18+ years old) and is registered under CIN U70101TN2008PTC066524.
Velan Builders has 2 current directors:
- Velan Panan Gondar Kannaiyan - Managing Director
- Pushpalatha Kannaiyan - Director
The latest financial statements of Velan Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Velan Builders is 33AACCV7632E1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Velan Builders is U70101TN2008PTC066524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velan Builders has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Velan Builders was incorporated on 19 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Velan Builders by revenue are B.P. Engicon Private Limited, Asiad Infraprojects Limited, Shenwa Infrastructure Private Limited, Siya Infraprojects Private Limited, Shay Construction Private Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Pushpalatha Kannaiyan was appointed as Director on 19 Feb 2008. Velan Panan Gondar Kannaiyan was appointed as Managing Director on 19 Feb 2008.
Yes, Velan Builders is registered as a small enterprise under Udyam registration (number: UDYAM-TN-27-0059971).
The registered office of Velan Builders is at No.3 Periyar Thottam Ponneripuram Main Road Ponmalaipatti, Tiruchirappalli, Tamil Nadu, India – 620004.