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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.45 Cr
  • Company Age 46 Year, 1 Month
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Krishnakarthikeyani Director 13 Feb 2024 Current
Sivasubramaniam Deivambal Managing Director 04 Dec 1980 Current
Srinivasan Darnadeeksan Director 01 Sep 2023 Current
Sivasubramaniam Srinivasan Director 23 Jan 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 23 Jan 2011 Past
Pramod Abcsdd Director 23 Jan 2011 Past
Pramod Abcsdd Additional Director 26 Sep 2011 Past

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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
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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 311.43%
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Revenue from Operations
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Total Assets
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 2.66%
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Profit or Loss
*******
 43.90%
*******
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Net Worth
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 -3.00%
*******
*******
*******
*******
EBITDA
*******
 60.47%
*******
*******
*******
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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.

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

₹3,379,230.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Catholic Syrian Bank Limited : 0.34 Cr
Latest Charge Details
Date Lender Amount Status
10 Jul 1992 The Catholic Syrian Bank Limited ₹3.38 M Open

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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 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 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

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.

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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

    Progress on Velan Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

  • Director Appointment

    Krishnakarthikeyani was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

  • Director Appointment

    The activity 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 6 months . was completed.

  • 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 15 years 1 month . was documented.

  • Charges

    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 recorded as a recent event.

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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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