Velan Hotels Limited logo

Velan Hotels Limited

A hospitality company with two hotels and four restaurants, offering premium accommodations and dining experiences.

1990 Coimbatore, Tamil Nadu (India) Active

About

Basic Data Updated:

13 days ago

Velan Hotels Limited is operated by two hotels and four stand-alone restaurants. The flagship property, Velan Greenfields, is located in Tirupur. Additionally, the company also manages Velan Coonoor in the Nilgiris, Velan Food Park in Coimbatore, and Uthara Restaurant in Tirupur. The prime location of Velan Hotel Greenfields on Kangeyam Road offers 70 centrally air-conditioned rooms centered around a central swimming pool. The Velan Hotel Coonoor is situated in the premium locality of Bedford in Coonoor. Strategically located at Velan Corner, at the junction of Rajaji Salai and Sarojini Salai in Ramnagar, Coimbatore, the Velan Food Park is a popular destination. The Uthara Restaurant in Tirupur is equipped with a small conference space for 15 people and a main restaurant that can accommod... Read More

Industry

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
  • Social Media
    1222442
CIN/LLPIN/FCRNL55101TZ1990PLC002653
Company No.002653
Stock Symbol BSE : 526755
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date21 Mar 1990
Date of AGM27 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Coimbatore

Products or Services related to Velan Hotels Limited

Velan Food Park

Restaurants Booking Services

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Velan Hotels Limited offers a wide range of products and services, including: Hotel Bookings, Catering Services, Restaurants Booking Services.

Financials of Velan Hotels Limited

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Velan Hotels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 229527% increase. The company also saw a substantial fall in profitability, with a 296.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.92%.

Enhance accessibility to Velan Hotels's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Velan Hotels Limited

Executive Team (3)

  • ER

    Eswaramoorthy Ramalingam In Managing Director

    Appointment Date: 21-Mar-1990

    Status: Current

  • LR

    Lalitha Rajendran In CFO

    Appointment Date: 31-Mar-2015

    Status: Current

  • MS

    M Srinivasan In Company Secretary

    Appointment Date: 01-Nov-2009

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹87.42 cr

₹24.66 cr

LenderAmountStatus

Others

Creation Date: 28 Jan 2011
₹42.04 CrOpen

Others

Creation Date: 14 Jan 2011
₹45.38 CrOpen

Canara Bank

Creation Date: 18 Mar 2010
₹1.13 MSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Velan Hotels Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023
  • Activity

    Balance Sheet

    Velan Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023
  • Activity

    Charges

    A charge with Others of Rs. 45.38 cr registered on 14 Jan 2011 with Charge ID 10270712 was modified on 31 Mar 2017.

    31 Mar 2017
  • Activity

    Charges

    A charge with Others of Rs. 42.04 cr registered on 28 Jan 2011 with Charge ID 10271267 was modified on 29 Mar 2017.

    29 Mar 2017
  • Activity

    Charges

    A charge registered on 18 Mar 2010 via Charge ID 10214173 with Canara Bank was fully satisfied on 07 Aug 2015.

    07 Aug 2015

Frequently asked questions

What is the Incorporation or founding date of Velan Hotels Limited?

Velan Hotels Limited was incorporated 34 years 1 month ago on 21 Mar 1990 with Registrar of Companies Roc Coimbatore.

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