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.
L55101TZ1990PLC002653
002653
21 March 1990
₹50.00 Cr
₹31.96 Cr
Roc Coimbatore
Listed (BSE: 526755)
Active
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| 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 |
| 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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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%.
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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.
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₹874,200,000.00
₹246,580,963.00
| 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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The activity 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 1 month 2 days . was completed.
The activity Velan Hotels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
The activity 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 3 months . was completed.
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 3 months . was recorded as a recent event.
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.
Progress on 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 8 months . was documented.
The CIN of Velan Hotels Limited is L55101TZ1990PLC002653.
Velan Hotels Limited is headquartered at S F 41 Kangayam Road Tirupur, Tirupur, Tamil Nadu, 641604.
Velan Hotels Limited was incorporated on 21 March 1990.
The current directors of Velan Hotels Limited are
The primary industry of Velan Hotels Limited is Accommodation And Food Service.
Velan Hotels Limited is listed. It is listed on BSE: 526755.
The authorized capital of Velan Hotels Limited is ₹50.00 Cr, and the paid-up capital is ₹31.96 Cr.
The compliance status of Velan Hotels Limited is Compliant.
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