Velan Textiles Private Limited Company Logo

Velan Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Tiruppur, Tamil Nadu, India, established in 1980.

1980 | Tiruppur, Tamil Nadu, India | Active
Last Updated:

About Velan Textiles Private Limited

Velan Textiles Private Limited, a active private limited company, was established on 04 February 1980 in Tiruppur, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1980PTC009638. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.45 Cr.

It upholds a compliant status. Its leadership includes Krishnakarthikeyani (Director), Sivasubramaniam Deivambal (Managing Director), Srinivasan Darnadeeksan (Director). Past directors included Muthuswamy Sivasubramaniam, Sivasubramaniam Deivambal, Sivasubramaniam Srinivasan. It holds ₹3.38 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.440, Kamaraj Road, Tiruppur, Tamil Nadu, 641604.

Company Details

  • CIN/LLPIN

    U17111TZ1980PTC009638

  • Registration Number

    009638

  • Incorporation Date

    04 February 1980

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.45 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.45 Cr
  • Company Age 45 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.38 M
  • Revenue Growth 311.43%
  • Profit Growth 43.90%
  • Ebitda 60.47%
  • Net Worth -3.00%
  • Total Assets 2.66%
Company report

Velan Textiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Velan Textiles 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 Textiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
KrishnakarthikeyaniDirector13 Feb 2024Current
Sivasubramaniam DeivambalManaging Director04 Dec 1980Current
Srinivasan DarnadeeksanDirector01 Sep 2023Current
Sivasubramaniam SrinivasanDirector23 Jan 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director23 Jan 2011Past
Pramod AbcsddDirector23 Jan 2011Past
Pramod AbcsddAdditional Director26 Sep 2011Past

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Financial Performance of Velan Textiles.

Velan Textiles Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 311.43% increase. The company also saw a substantial improvement in profitability, with a 43.9% increase in profit. The company's net worth dipped by a decrease of 3%.

Velan Textiles revenue growth over time
Velan Textiles 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
311.43%
Revenue from Operations
Total Assets
2.66%
Profit or Loss
43.90%
Net Worth
-3.00%
EBITDA
60.47%

What is the Ownership and Shareholding Structure of Velan Textiles?

In 2018, Velan Textiles had a promoter holding of 33.10% and a public holding of 66.90%. 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

₹3,379,230.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Catholic Syrian Bank Limited : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 1992The Catholic Syrian Bank Limited₹3.38 MOpen

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How Many Employees Work at Velan Textiles?

Unlock and access historical data on people associated with Velan Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Velan Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velan Textiles, 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 Textiles's trajectory.

Rating

Graph displaying rating trends over time

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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.

Latest Updates, News, and FAQs on Velan Textiles

Recent Activity within the Organization

  • Annual General Meeting

    Velan Textiles 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.

  • Balance Sheet

    The activity Velan Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Director Appointment

    Krishnakarthikeyani was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Director Appointment

    Progress on Srinivasan Darnadeeksan was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 2 years 3 months . was documented.

  • Director Appointment

    Progress on Sivasubramaniam Srinivasan was appointed as a Director was appointed as a Director on 23 Jan 2011 & has been associated with this company since 14 years 10 months . was documented.

  • Charges

    Progress on A charge with The Catholic Syrian Bank Limited amounted to Rs. 0.34 Cr with Charge ID 90002493 was registered on 10 Jul 1992. was documented.

Frequently Asked Questions

  • What is the CIN of Velan Textiles Private Limited?

    The CIN of Velan Textiles Private Limited is U17111TZ1980PTC009638.

  • Where is Velan Textiles Private Limited headquartered?

    Velan Textiles Private Limited is headquartered at No.440, Kamaraj Road, Tiruppur, Tamil Nadu, 641604.

  • When was Velan Textiles Private Limited incorporated?

    Velan Textiles Private Limited was incorporated on 04 February 1980.

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

    The current directors of Velan Textiles Private Limited are

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

    The primary industry of Velan Textiles Private Limited is Manufacturing.

  • Is Velan Textiles Private Limited a listed company?

    Velan Textiles Private Limited is unlisted.

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

    The authorized capital of Velan Textiles Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.45 Cr.

  • What is the compliance status of Velan Textiles Private Limited?

    The compliance status of Velan Textiles Private Limited is Compliant.

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