Velan Hotels Limited - Company Profile

It is a travel and hospitality public limited company based in Tirupur, Tamil Nadu, India, established in 1990.
1990 Tirupur, Tamil Nadu, India Active
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About Velan Hotels Limited

Velan Hotels Limited, a active public limited company, was established on 21 March 1990 in Tirupur, Tamil Nadu, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: L55101TZ1990PLC002653. Registered under ROC Roc Coimbatore. it is listed on BSE: 526755. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹31.96 Cr.

It upholds a compliant status. In 2024, it reported revenue of ₹29.63 K and a net worth of ₹5.45 Cr. Its leadership includes Nagaraj Saveethkumar (Director), Eswaramoorthy Venkatachalam Muthukumara Ramalingam (Managing Director), Muthukumararamalingam Gautham (Whole-Time Director). Past directors included Balasubramanian Govardhana Giri, Gopalakrishnan Thiagarajan, Subbanna Chettiar Palaniswamy Chettiar Sivanandam. It holds ₹87.42 Cr open charges and ₹24.66 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S F 41 Kangayam Road Tirupur, Tirupur, Tamil Nadu, 641604.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    L55101TZ1990PLC002653

  • Registration Number

    002653

  • Incorporation Date

    21 March 1990

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹31.96 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Listed (BSE: 526755)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 31.96 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 87.42 Cr
  • Satisfied Charges ₹ 24.66 Cr
  • Revenue Growth **** -87.09%
  • Profit Growth **** 94.09%
  • Ebitda **** -16.48%
  • Net Worth -16.69%
  • Total Assets -4.96%
Company report

Velan Hotels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Velan Hotels 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 Velan Hotels Limited?
Current Directors
Name Designation Appointment Date Status
Nagaraj Saveethkumar Director 31 Mar 2021 Current
Eswaramoorthy Venkatachalam Muthukumara Ramalingam Managing Director 21 Mar 1990 Current
Muthukumararamalingam Gautham Whole-Time Director 01 Dec 2001 Current
Muthukumararamalingam Sasikala Director 28 Mar 2012 Current
Katpadi Muthukrishnan Ananthasayanam Director 29 Aug 2024 Current
Pachaimuthu Kumar Director 29 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 May 2019 Past
Pramod Abcsdd Director 25 Sep 2013 Past
Pramod Abcsdd Director 29 Aug 2024 Past
Pramod Abcsdd Additional Director 23 Dec 2021 Past
Pramod Abcsdd Director 26 Jul 2011 Past
Pramod Abcsdd Director 01 Jul 2010 Past

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Financial Performance of Velan Hotels.

Velan Hotels Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 87.09% decrease. The company also saw a substantial improvement in profitability, with a 94.09% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.69%.

Velan Hotels revenue growth over time
Velan Hotels 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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 -87.09%
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Revenue from Operations
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Total Assets
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 -4.96%
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Profit or Loss
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 94.09%
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Net Worth
*******
 -16.69%
*******
*******
*******
*******
EBITDA
*******
 -16.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Velan Hotels?

In 2024, Velan Hotels had a promoter holding of 75.00% and a public holding of 25.00%. 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

₹874,200,000.00

Satisfied Charges

₹246,580,963.00

Charges Breakdown by Lending Institutions
  • Others : 87.42 Cr
Latest Charge Details
Date Lender Amount Status
28 Jan 2011 Others ₹42.04 Cr Open
14 Jan 2011 Others ₹45.38 Cr Open
18 Mar 2010 Canara Bank ₹1.13 M Satisfied
28 Sep 2009 Bank Of Bahrain & Kuwait Bsc ₹8.76 Cr Satisfied
27 Feb 2009 State Bank Of India ₹5.79 Cr Satisfied

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How Many Employees Work at Velan Hotels?

Unlock and access historical data on people associated with Velan Hotels, 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 Velan Hotels, 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 Velan Hotels'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 Velan Hotels
Recent Activity within the Organization
  • Director Appointment

    Garima Maheshwari was appointed as a Company Secretary was appointed as a Company Secretary on 27 Oct 2025 & has been associated with this company since 4 months 13 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Velan Hotels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Katpadi Muthukrishnan Ananthasayanam was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Director Appointment

    Progress on Pachaimuthu Kumar was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Balance Sheet

    Velan Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Director Appointment

    The activity Nagaraj Saveethkumar was appointed as a Director was appointed as a Director on 31 Mar 2021 & has been associated with this company since 4 years 11 months . was completed.

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Frequently Asked Questions
What is the CIN of Velan Hotels Limited?

The CIN of Velan Hotels Limited is L55101TZ1990PLC002653.

Where is Velan Hotels Limited headquartered?

Velan Hotels Limited is headquartered at S F 41 Kangayam Road Tirupur, Tirupur, Tamil Nadu, 641604.

When was Velan Hotels Limited incorporated?

Velan Hotels Limited was incorporated on 21 March 1990.

Who are the current directors of Velan Hotels Limited?

The current directors of Velan Hotels Limited are

What is the primary industry of Velan Hotels Limited?

The primary industry of Velan Hotels Limited is Accommodation And Food Service.

Is Velan Hotels Limited a listed company?

Velan Hotels Limited is listed. It is listed on BSE: 526755.

What is the capital structure of Velan Hotels Limited?

The authorized capital of Velan Hotels Limited is ₹50.00 Cr, and the paid-up capital is ₹31.96 Cr.

What is the compliance status of Velan Hotels Limited?

The compliance status of Velan Hotels Limited is Compliant.

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