- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0006795

About Velan Valves India Private Limited
Data last updated:
Velan Valves India Private Limited is a foreign private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Velan Inc, Canada. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 20 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29220TZ2010FTC017876. Its GSTIN is 33AADCV4963D1ZF (Tamil Nadu).
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.44 Cr. It is led by directors including Rameshbabu Rangarajan (Managing Director) and Robert Noel Velan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.F.No.337/1 Thennampalyam – Annur Road Naranapuram Village, Coimbatore, Tamil Nadu, India – 641659.
As per the financials filed for FY 2025, the company reported a revenue of ₹219.93 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹31.83 Cr (net margin 14.5%) and EBITDA of ₹47.49 Cr (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velan. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹4 Cr on record. The company has 9 deals on record (7 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹102.5 Cr; the latest was in March 2023. Its 3 peer companies in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Sri Energy Valves Private Limited with revenue of ₹235.9 Cr. The company has 3 MSME Form 1 returns on record between 2018 and 2020, listing 55 overdue payments to 2 micro and small suppliers.
Velan Valves India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0006795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website velan.com.
Company details
CIN history
Velan Valves India has one previous CIN (Corporate Identification Number): U29220DL2010FTC211573. The current CIN is U29220TZ2010FTC017876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220TZ2010FTC017876 | Current |
| U29220DL2010FTC211573 | Previous |
Recognitions & Rankings of Velan Valves India
Contact details
Velan Valves India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is velan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.F.No.337/1 Thennampalyam – Annur Road Naranapuram Village, Coimbatore, Tamil Nadu, India – 641659
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Velan Valves India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Velan Valves India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Velan Valves India Private Limited, buy the company report.
Financials of Velan Valves India Private Limited
FY 2025 filings availableVelan Valves India Private Limited reported revenue of ₹219.93 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 18% growth in the latest year. EBITDA rose 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹219.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹47.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 14.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Velan Valves India Private Limited, buy the company report.
Board of directors of Velan Valves India Private Limited
Velan Valves India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Robert Noel Velan | Director | 27 May 2022 | 4 Years 5 Months | Current |
| Rishi Sharma | Director | 28 Jun 2023 | 3 Years 4 Months | Current |
| Liam Turner | Director | 06 Jun 2024 | 2 Years 5 Months | Current |
| Rameshbabu Rangarajan Also directs: Ivama Association | Managing Director | 30 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Velan Valves India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Energy Valves Private Limited | ₹235.9 Cr (FY 2025) | -8.0% | Pudukkottai, Tamil Nadu, India | |||
| Velan Valves India Private Limitedthis company | ₹219.93 Cr (FY 2025) | ₹31.83 Cr | 14.5% | 18.0% | 159 | Coimbatore, Tamil Nadu, India |
| Ultra Dimensions Private Limited | ₹200.17 Cr (FY 2024) | 21.0% | Mumbai, Maharashtra, India | |||
| Sri Ranganathar Valves Private Limited | ₹192.56 Cr (FY 2025) | 12.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Velan Valves India Private Limited, buy the company report.
Auditor
Velan Valves India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of Velan Valves India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Velan Valves India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2024 | 101013737 | Yes Bank Limited | ₹20 Cr | Open | |
| 18 Jan 2013 | 10407605 | Hdfc Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Velan Valves India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Velan Valves India Private Limited has 9 deals on record (7 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹102.5 Cr; the latest was in March 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Velan Inc Seller: Velan Inc & Thomas Velan |
| Dec 2019 | Funding round | ₹10.03 Cr | Investors: Velan Luxembourg Sarl |
| Sep 2017 | Rights issue | ₹7.69 Cr | Investors: Velan Inc |
| Mar 2017 | Funding round | ₹11.48 Cr | Investors: Velan Inc, Velan Luxembourg Sarl |
| Mar 2016 | Funding round | ₹2.79 Cr | Investors: Velan Inc |
To see the full deal history of Velan Valves India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Velan Valves India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Velan Valves India Private Limited has 3 MSME Form 1 returns on record between 2018 and 2020, listing 55 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Index Auto Components Private Limited | |||
| Delta Weartech Engineers Private Limited |
To see the full MSME payment records of Velan Valves India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Velan Valves India Private Limited has a workforce of 159 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 159 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Velan Valves India Private Limited, buy the company report.
GST
Velan Valves India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCV4963D1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Velan Valves India Private Limited, buy the company report.
Recent activity
Velan Valves India Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Liam Turner ceased to be Additional Director on 27 Sep 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Velan Valves India is an active foreign private limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 20 December 2010 (16+ years old) and is registered under CIN U29220TZ2010FTC017876.
Velan Valves India has 4 current directors:
- Rameshbabu Rangarajan - Managing Director
- Robert Noel Velan - Director
- Rishi Sharma - Director
- Liam Turner - Director
The latest financial statements of Velan Valves India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Velan Valves India is 33AADCV4963D1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Velan Valves India is U29220TZ2010FTC017876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velan Valves India was incorporated on 20 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Coimbatore.
Velan Valves India has 9 deals on record (7 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹102.5 Cr; the latest was in March 2023.
The peers of Velan Valves India by revenue are Sri Energy Valves Private Limited, Ultra Dimensions Private Limited, Sri Ranganathar Valves Private Limited, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Liam Turner ceased to be Additional Director on 27 Sep 2024. Liam Turner was appointed as Director on 06 Jun 2024. Rishi Sharma ceased to be Additional Director on 28 Sep 2023. Velan Valves India has 14 board changes on record in total.
Yes, Velan Valves India is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0006795).
Velan Valves India has 3 MSME Form 1 returns on record between 2018 and 2020, listing 55 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 Nov 2020.
Velan Valves India can be reached through the website velan.com. Its registered office is in Coimbatore, Tamil Nadu, India.

