Velan Salt Private Limited Company Logo

Velan Salt Private Limited - Company Profile

It is a food and beverages private limited company based in Tuticorin, Tamil Nadu, India, established in 2020.

2020 | Tuticorin, Tamil Nadu, India | Active
Last Updated:

About Velan Salt Private Limited

Velan Salt Private Limited, a active private limited company, was established on 07 January 2020 in Tuticorin, Tamil Nadu, India. Engaging in flavouring & seasoning additives within the manufacturing sector, it holds CIN: U24119TN2020PTC133657. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Employing 9 professional, Its leadership includes Varathan Soundaraj (Director), Soundararaj Thanesh (Director), Maharajan (Director). It holds ₹20.12 Cr open charges and ₹4.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1/1, Avoodaiyarpuram, Tuticorin, Tuticorin, Tamil Nadu, 628002.

Company Details

  • CIN/LLPIN

    U24119TN2020PTC133657

  • Registration Number

    133657

  • Incorporation Date

    07 January 2020

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.12 Cr
  • Satisfied Charges ₹ 4.25 Cr
  • Revenue Growth 45.81%
  • Profit Growth -1.39%
  • Ebitda 26.85%
  • Net Worth 67.38%
  • Total Assets 98.22%
Company report

Velan Salt Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Velan Salt 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 Velan Salt Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Varathan SoundarajDirector07 Jan 2020Current
Soundararaj ThaneshDirector07 Jan 2020Current
MaharajanDirector07 Jan 2020Current

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Financial Performance of Velan Salt.

Velan Salt Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.81% increase. The company also saw a slight decrease in profitability, with a 1.39% decrease in profit. The company's net worth Soared by an impressive increase of 67.38%.

Velan Salt revenue growth over time
Velan Salt profit and loss trends over time
  • 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
45.81%
Revenue from Operations
45.81%
Total Assets
98.22%
Profit or Loss
-1.39%
Net Worth
67.38%
EBITDA
26.85%

What is the Ownership and Shareholding Structure of Velan Salt?

In 2023, Velan Salt had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹201,160,000.00

Satisfied Charges

₹42,500,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr
  • Tamilnad Mercantile Bank Limited : 10.00 Cr
  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2024Axis Bank Limited₹10.00 CrOpen
12 May 2022Tamilnad Mercantile Bank Limited₹10.00 CrOpen
06 Sep 2021Hdfc Bank Limited₹1.16 MOpen
19 Jan 2022State Bank Of India₹4.25 CrSatisfied

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How Many Employees Work at Velan Salt?

Velan Salt has a workforce of 9 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Velan Salt Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velan Salt, 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 Salt'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

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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.

Latest Updates, News, and FAQs on Velan Salt

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 101033154 was registered on 27 Nov 2024. was documented.

  • Annual General Meeting

    Velan Salt Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 19 Jan 2022 via Charge ID 100534596 with State Bank Of India was fully satisfied on 20 Apr 2024. was recorded as a recent event.

  • Balance Sheet

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

  • Charges

    Progress on A charge with Tamilnad Mercantile Bank Limited of Rs. 100.00 M registered on 12 May 2022 with Charge ID 100573874 was modified on 23 Nov 2022. was documented.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 100.00 M with Charge ID 100573874 was registered on 12 May 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Velan Salt Private Limited?

    The CIN of Velan Salt Private Limited is U24119TN2020PTC133657.

  • Where is Velan Salt Private Limited headquartered?

    Velan Salt Private Limited is headquartered at 1/1, Avoodaiyarpuram, Tuticorin, Tuticorin, Tamil Nadu, 628002.

  • When was Velan Salt Private Limited incorporated?

    Velan Salt Private Limited was incorporated on 07 January 2020.

  • Who are the current directors of Velan Salt Private Limited?

    The current directors of Velan Salt Private Limited are

  • What is the primary industry of Velan Salt Private Limited?

    The primary industry of Velan Salt Private Limited is Manufacturing.

  • Is Velan Salt Private Limited a listed company?

    Velan Salt Private Limited is unlisted.

  • What is the capital structure of Velan Salt Private Limited?

    The authorized capital of Velan Salt Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

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